PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1536004
PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1536004
Global Automation Testing Market will achieve a 17% CAGR between 2024 and 2032, driven by the rising adoption of Agile and DevOps methodologies, in line with an increasing emphasis on quality assurance. Agile and DevOps practices prioritize rapid, iterative development and continuous integration, demanding efficient and scalable testing solutions. Automation testing supports these methodologies by providing fast, reliable, and repeatable testing processes. As organizations seek to enhance software quality while accelerating delivery, the need for robust automation testing solutions that ensure high standards of quality assurance will continue to grow.
For instance, in July 2024, John Snow Labs introduced automated testing solutions for responsible AI. This no-code tool allows non-technical experts to test and assess custom language models for bias, fairness, robustness, and accuracy, enabling easy test suite creation and sharing. This innovation is likely to drive increased adoption of automation testing solutions, expand the market to include a broader range of users, and enhance the focus on ethical AI practices within the industry.
The automation testing industry is fragmented based on component, end-point interface, application, and region.
The cloud segment will see a considerable surge by 2032, attributed to its growing adoption across various industries for scalable and flexible software testing solutions. With organizations increasingly leveraging cloud environments for development and deployment, the need for effective testing of cloud-based interfaces has surged. Automation testing provides robust solutions for ensuring the reliability and performance of these cloud end-points, making it a crucial component for businesses aiming to optimize their cloud infrastructure and operations.
The BFSI segment will garner remarkable gains by 2032 due to its heavy reliance on complex software systems and stringent regulatory requirements. With financial institutions increasingly focusing on digital transformation, there is a growing need for automation testing to ensure the security, accuracy, and performance of their systems. Automation testing helps manage the vast volumes of transactions and data while maintaining compliance with regulations. This segment's emphasis on robust, error-free applications and rapid software updates drives its substantial share of the market.
Europe automation testing market will secure a moderate CAGR through 2032, owing to its advanced technological infrastructure and high adoption rates of digital transformation across various industries. The region's strong emphasis on regulatory compliance, data security, and quality assurance fuels the demand for automation testing solutions. With numerous enterprises investing in innovative software technologies to enhance operational efficiency, Europe will stand out as a significant contributor to the growth and expansion of the automation testing industry.