Sometimes it seems that Software Test Automation has not yet completely reached his potential and not all the Client understand the great value that come out from this investment. Still the last report published by the Transparency Market Research on the “Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2024” highlight a grow yearly of 23% of the Market for Test Automation until 2023.
The market is led by some of the big IT players like Hewlett-Packard, IBM Corporation and Capgemini. These Companies are offering different types of Services under only one offer in order to gain a competitive edge in the market. And obviously they have also increased the quality and the quantity of the offer in term of Test Automation in order to increase their presence in the market.
The global test automation market was at US $12.91 billion in 2015 and is predicted to touch US $85.84 billion by 2024 end.
In terms of type, the functional testing was the major part with 23,2% in the market, in terms of revenue in 2015. This is related with the consistent adoption of Agile development methodologies and the increase of investment on outsourced resources. On the other hand, it is expected an increase of investment on Security Testing with a growing of 27,8% rate until 2024, this is not a surprise with the increased connectivity between information systems and data as well as the increased popularity of Internet of Thing (IoT) and Cloud Computing. The Security Testing will have a major development also with the increased used of the Software as a Service (SaaS) model and the use of Cloud for the Mobile Applications development.
Geographically, North America held the most dominant share of 44% in the market in 2014. The grow of Test Automation will be consistent in the coming years due to the fact that this region has come up to be quite promising for numerous companies because of rising traction of QA in North America. On the other hand, the Asia Pacific test automation market is also predicted to have an highest growth rate in the coming years.
More cloud platform are being introduced in the Market, still a lot of organizations are in the lookout to migrate their already used very complex applications to the cloud. And this is because of the great advantages related to cloud-based computing with a faster time to market approach, low infrastructure and support costs, huge scalability. In this scenario we are looking for an increase of the cloud-based testing where there will be a huge opportunity in the global Test Automation Market.
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