Test Automation Market

Test Automation Market (Component: Solution and Services; Testing Type: Functional Testing and Non-functional Testing) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2021-2031

Test Automation Market Outlook 2031

  • The global test automation market was valued over US$ 19.8 Bn in 2020
  • It is estimated to grow at a CAGR of 18.6% from 2021 to 2031
  • The global test automation market is expected to surpass value of US$ 125.9 Bn by the end of 2031

Analysts’ Viewpoint on Global Test Automation Market Scenario

Test automation allows for a shorter time-to-market, ensuring that the end product reaches the end-user in the shortest time possible and is bug-free. During the COVID-19 pandemic, the adoption of test automation services in the healthcare, BFSI, and telecommunications sectors increased in order to shorten software development lifecycles and improve customer experience. When lockdowns were imposed across the world, IT companies adopted automation to ensure their business functioned continuously during the pandemic. The increasing demand for test automation in remote software solutions and maintenance of distant IT infrastructure is boosting the automation testing market. Moreover, several firms are offering test automation courses and other test engineer activities, which is also expected to drive the global market.

Overview of Global Test Automation Market

Testing is a crucial component of every digital transformation project's success. A well-thought-out test automation strategy adds tremendous value to a company's digital testing operations, resulting in a beneficial influence on the end-user experience. Test automation is the process of automatically executing tests, managing test data, and analyzing the results to improve software quality. It is essentially a quality-control measure, but its operations need the participation of the entire software development team. Gaining the most out of test automation requires the participation of all parties involves, from developers to business analysts and DevOps engineers. Large projects, projects that need testing the same sections of the project repeatedly, and projects which have already undergone a human testing procedure benefit from automated testing.

With the shift from traditional software development to DevOps and other fast-paced projects, test environments are becoming increasingly important to verify that systems run smoothly. The world of software testing has changed dramatically, with test automation evolving to enable rapid product releases of the best quality. Large organizations require automation testing services to ensure that their business operations run smoothly. With technological advancements, large organizations have established a variety of advance technology-based solutions and applications.

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Surge in Use of Test Automation Software in Various Industries for Quality Assurance

The test automation software is assisting a wide range of industries in simplifying software testing processes, lowering task compilation time, and increasing business efficiency. Leading IT firms have shown a growing interest in the industry in recent years, resulting in increased investments in the development of advanced software and QA testing tools. Increase in development of mobile applications in various sectors, shorter time to market, digital transformation across industries, and rise in spending by leading companies on business process automation through test automation software solutions are driving the global market. Quality assurance is enabled by test automation, which is expected to boost the growth of the test automation market.

Increase in Adoption of Advanced Technologies to Drive Global Test Automation Market

The test automation sector has great potential to evaluate advanced technological applications as modern technologies such as AI, machine learning, and IoT keep growing. AI is gaining popularity in testing since it shortens the test cycle. It is used for regression testing, performance testing, functional testing, and test automation. Test tools can now self-heal at runtime due to the increasing use of AI in their development. Over the forecast period, self-healing automation testing is expected to be one of the most popular testing trends.

Artificial intelligence (AI) must become an integral component of software testing tools. Each test cycle generates a significant quantity of data that can be used to identify and correct test failures. Each test run's data can be sent back to the AI algorithms. The need for test automation technologies has increased as the benefits of adding AI into testing have grown.

Mobile and Web-based Applications to Offer Lucrative Opportunities to Test Automation Market Players

Smartphones and Internet access have become essential parts of daily life. Software applications are one of the rapidly growing segments in the mobile and web business. Smartphone affordability, availability of a plethora of web-based applications, decreasing data pricing, and more end-user spending power all contribute to the test automation market's growth. The rapid growth in the number of mobile applications in industries such as transportation, entertainment, manufacturing, communication, and utilities is increasing the demand for test automation.

End-users' decision to download programs depends on two criteria that are strongly related to application performance - treatment and refusal. Moreover, mobile applications have a shorter development phase and lifecycle as compared to other applications.

As a result, mobile app test automation is becoming increasingly important in the development of mobile apps. By automating mobile application testing, organizations are expected to increase testing productivity, improve regression test cases, and save time.

Regional Outlook of Global Test Automation Market

By the end of 2022, the test automation market in North America is expected to hold the largest share due to increased focus on quality assurance, presence of a large number of technology providers, and increasing adoption of Software-as-a-Service on the cloud. The U.S. holds more than 50% share of the test automation market in the region. The adoption of test automation services by the region's healthcare industry is also driving the market growth. Regional players are also supporting test automation upskilling programs by providing online courses and other test engineer activities.

The test automation market in Asia Pacific is expected to grow at the highest CAGR during the forecast period due to increased investments in internal professional testing resources. Furthermore, Asia Pacific countries such as Japan, China, and India are likely to gain significant market share in the near future, due to the growth of the IT industry in the region. The significant rise of the regional market is anticipated to be propelled by increasing investment of regional companies in test automation software development, as well as external outsourced test automation services. Governments are launching programs to accelerate the adoption of new technologies such as AI and ML, automation, Internet of Things, mobile and web-based apps, and cloud-based services.

Analysis of Key Players in Global Test Automation Market

Detailed profiles of providers of test automation have been given in the market report to evaluate their financials, key product offerings, recent developments, and strategies. Key players operating in the global test automation market are Keysight Technologies, Inc., Infosys Limited Wipro Limited, Cigniti Technologies Limited, Infostretch Corporation, Inspired Testing (Pty) Ltd., Tricentis GmbH, Testhouse Ltd., Angler Technologies India Pvt. Ltd., Qualitest Group, Copado Holdings, Inc., QMetry Inc., SmartBear Software, Inc., LambdaTest, Inc., Testrig Technologies, and Katalon, Inc.

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Key Developments in Global Test Automation Market

Key players in the test automation market, such as Infosys Limited, Wipro Limited, Cigniti Technologies Limited, Infostretch Corporation, and Inspired Testing (Pty) Ltd. attempt to innovate in the IT sector to bring a similar or greater level of expertise in the automated testing segment to enhance their presence in the market.

Additionally, players active in the test automation market are focusing on inorganic growth strategies such as strategic collaborations and merger & acquisition activities with technology partners to improve their offerings and market reach. Some other key developments in the global test automation market are highlighted below:

  • In June 2021, Razorleaf Corp., a provider of PLM services, entered into partnership with Eggplant, a subsidiary of KeySight Technologies and a test automation software provider to sell and deliver advanced test automation solutions. Razorleaf will provide manufacturers test automation solutions for PLM systems, including training, installation, and support in order to solve quality challenges and achieve continuous integration and continuous delivery (CI/CD).
  • In May 2021, Perforce, acquired 21 Labs, a provider of AI-based mobile testing software, to enhance its product portfolio of test automation solutions. Perforce offers a comprehensive continuous test automation solution for web and mobile applications.
  • In August 2019, Tricentis announced the acquisition of TestProject, a cloud-based, community test automation platform for agile teams, to provide an open-source test automation platform. Tricentis will spend on research and development to improve the product, expand the community, and teach testers to practice iOS, Android, and web test automation.

Global Test Automation Market Snapshot

Attribute

Detail

Market Size Value in 2020

US$ 19.8 Bn

Market Forecast Value in 2031

US$ 125.9 Bn

Growth Rate

18.6%

Forecast Period

2021-2031

Historical Data Available for

2016-2020

Market Analysis

US$ Bn for Value

Key Regions Covered

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • South America

Key Countries Covered

  • U.S
  • Canada
  • Mexico
  • Germany
  • U.K
  • France
  • Spain
  • Italy
  • China
  • India
  • Japan
  • ASEAN
  • Saudi Arabia
  • The United Arab Emirates
  • South Africa
  • Brazil
  • Argentina

Key Market Segments Covered

  • Component
    • Solution
    • Services
      • Professional Services
      • Managed Services
  • Testing Type
    • Functional Testing
    • Non-functional Testing
  • End-user
    • BFSI
    • IT & Telecom
    • Healthcare
    • Government
    • Retail & E-commerce
    • Manufacturing
    • Media & Entertainment
    • Others

Key Companies Profiled

  • Infosys Limited
  • Wipro Limited
  • Cigniti Technologies Limited
  • Infostretch Corporation
  • Inspired Testing (Pty) Ltd.
  • Tricentis GmbH
  • Testhouse Ltd.
  • Angler Technologies India Pvt. Ltd.
  • Qualitest Group
  • Copado Holdings, Inc.
  • QMetry Inc.
  • SmartBear Software, Inc.
  • LambdaTest, Inc.
  • Testrig Technologies
  • Katalon, Inc.

Scope of Customization

Available upon Request

Pricing

Available upon Request

Frequently Asked Questions

What is the test automation market size?

The market size of test automation market stood at US$ 19.8 Bn in 2020.

What is the CAGR of the test automation market?

The test automation market is estimated to grow at a CAGR of 18.6% during the forecast period.

What are the key factors driving the test automation market?

Surge in use of test automation software in various industries for quality assurance, and increase in adoption of advanced technologies AI, machine learning, and IoT are the key driving factors for the market.

Which component segment contributes largest share to the test automation market?

Solution segment contributes largest share to the test automation market.

Which region is more attractive for vendors in the test automation market?

North America is a more attractive region for vendors in the test automation market.

Who are the key players in the test automation market?

Key players operating in the global test automation market are Keysight Technologies, Inc., Infosys Limited Wipro Limited, Cigniti Technologies Limited, Infostretch Corporation, Inspired Testing (Pty) Ltd., Tricentis GmbH, Testhouse Ltd., Angler Technologies India Pvt. Ltd., Qualitest Group, Copado Holdings, Inc., QMetry Inc., SmartBear Software, Inc., LambdaTest, Inc., Testrig Technologies, and Katalon, Inc.

    1. Preface

        1.1. Market Introduction

        1.2. Market Segmentation

        1.3. Key Research Objectives

    2. Assumptions and Research Methodology

        2.1. Research Methodology

            2.1.1. List of Primary and Secondary Sources

        2.2. Key Assumptions for Data Modelling

    3. Executive Summary: Global Test Automation Market

    4. Market Overview

        4.1. Market Definition

        4.2. Technology/ Product Roadmap

        4.3. Market Factor Analysis

            4.3.1. Forecast Factors

            4.3.2. Ecosystem/ Value Chain Analysis

            4.3.3. Market Dynamics (Growth Influencers)

                4.3.3.1. Drivers

                4.3.3.2. Restraints

                4.3.3.3. Opportunities

                4.3.3.4. Impact Analysis of Drivers and Restraints

        4.4. COVID-19 Impact Analysis

            4.4.1. Impact of COVID-19 on the Test Automation Market

            4.4.2. End-user Sentiment Analysis: Comparative Analysis on Spending

                4.4.2.1. Increase in Spending

                4.4.2.2. Decrease in Spending

            4.4.3. Short Term and Long Term Impact on the Market

        4.5. Market Opportunity Assessment – by Region (North America/ Europe/ Asia Pacific/ Middle East & Africa/ South America)

            4.5.1. By Component

            4.5.2. By Testing Type

            4.5.3. By End-user

    5. Global Test Automation Market Analysis and Forecast

        5.1. Market Revenue Analysis (US$ Bn), 2016-2031

            5.1.1. Historic Growth Trends, 2016-2020

            5.1.2. Forecast Trends, 2021-2031

        5.2. Pricing Model Analysis/ Price Trend Analysis

    6. Global Test Automation Market Analysis, by Component

        6.1. Overview and Definitions

        6.2. Key Segment Analysis

        6.3. Test Automation Market Size (US$ Bn) Forecast, by Component, 2018 - 2031

            6.3.1. Solution

            6.3.2. Services

                6.3.2.1. Managed Services

                6.3.2.2. Professional Services

    7. Global Test Automation Market Analysis, by Testing Type

        7.1. Overview and Definitions

        7.2. Key Segment Analysis

        7.3. Test Automation Market Size (US$ Bn) Forecast, by Type, 2018 - 2031

            7.3.1. Functional Testing

            7.3.2. Non-functional Testing

    8. Global Test Automation Market Analysis, by End-user

        8.1. Key Segment Analysis

        8.2. Test Automation Market Size (US$ Bn) Forecast, by End-user, 2018 - 2031

            8.2.1. BFSI

            8.2.2. IT & Telecom

            8.2.3. Healthcare

            8.2.4. Government

            8.2.5. Retail & E-commerce

            8.2.6. Manufacturing

            8.2.7. Media and Entertainment

            8.2.8. Others

    9. Global Test Automation Market Analysis and Forecasts, by Region

        9.1. Key Findings

        9.2. Market Size (US$ Bn) Forecast by Region, 2018-2031

            9.2.1. North America

            9.2.2. Europe

            9.2.3. Asia Pacific

            9.2.4. Middle East & Africa

            9.2.5. South America

    10. North America Test Automation Market Analysis and Forecast

        10.1. Regional Outlook

        10.2. Test Automation Market Size (US$ Bn) Analysis and Forecast (2018 - 2031)

            10.2.1. By Component

            10.2.2. By Testing Type

            10.2.3. By End-user

        10.3. Test Automation Market Size (US$ Bn) Forecast, by Country, 2018 - 2031

            10.3.1. U.S.

            10.3.2. Canada

            10.3.3. Mexico

    11. Europe Test Automation Market Analysis and Forecast

        11.1. Regional Outlook

        11.2. Test Automation Market Size (US$ Bn) Analysis and Forecast (2018 - 2031)

            11.2.1. By Component

            11.2.2. By Testing Type

            11.2.3. By End-user

        11.3. Test Automation Market Size (US$ Bn) Forecast, by Country & Sub-region, 2018 - 2031

            11.3.1. Germany

            11.3.2. UK

            11.3.3. France

            11.3.4. Italy

            11.3.5. Spain

            11.3.6. Rest of Europe

    12. Asia Pacific Test Automation Market Analysis and Forecast

        12.1. Regional Outlook

        12.2. Test Automation Market Size (US$ Bn) Analysis and Forecast (2018 - 2031)

            12.2.1. By Component

            12.2.2. By Testing Type

            12.2.3. By End-user

        12.3. Test Automation Market Size (US$ Bn) Forecast, by Country & Sub-region, 2018 - 2031

            12.3.1. China

            12.3.2. India

            12.3.3. Japan

            12.3.4. ASEAN

            12.3.5. Rest of Asia Pacific

    13. Middle East & Africa Test Automation Market Analysis and Forecast

        13.1. Regional Outlook

        13.2. Test Automation Market Size (US$ Bn) Analysis and Forecast (2018 - 2031)

            13.2.1. By Component

            13.2.2. By Testing Type

            13.2.3. By End-user

        13.3. Test Automation Market Size (US$ Bn) Forecast, by Country & Sub-region, 2018 - 2031

            13.3.1. Saudi Arabia

            13.3.2. The United Arab Emirates

            13.3.3. South Africa

            13.3.4. Rest of Middle East & Africa

    14. South America Test Automation Market Analysis and Forecast

        14.1. Regional Outlook

        14.2. Test Automation Market Size (US$ Bn) Analysis and Forecast (2018 - 2031)

            14.2.1. By Component

            14.2.2. By Testing Type

            14.2.3. By End-user

        14.3. Test Automation Market Size (US$ Bn) Forecast, by Country & Sub-region, 2018 - 2031

            14.3.1. Brazil

            14.3.2. Argentina

            14.3.3. Rest of South America

    15. Competition Landscape

        15.1. Market Competition Matrix, by Leading Players

        15.2. Market Revenue Share Analysis (%), by Leading Players (2020)

        15.3. Competitive Scenario

            15.3.1. List of Emerging, Prominent and Leading Players

            15.3.2. Major Mergers & Acquisitions, Expansions, Partnership, Contacts, Deals, etc.

    16. Company Profiles

        16.1. Infosys Limited

            16.1.1. Business Overview

            16.1.2. Company Revenue

            16.1.3. Product Portfolio

            16.1.4. Geographic Footprint

            16.1.5. Strategic Partnership

            16.1.6. Merger & Acquisition

            16.1.7. Business Expansion

            16.1.8. New Product Launch

            16.1.9. Innovation etc.

        16.2. Wipro Limited

            16.2.1. Business Overview

            16.2.2. Company Revenue

            16.2.3. Product Portfolio

            16.2.4. Geographic Footprint

            16.2.5. Strategic Partnership

            16.2.6. Merger & Acquisition

            16.2.7. Business Expansion

            16.2.8. New Product Launch

            16.2.9. Innovation etc.

        16.3. Cigniti Technologies Limited

            16.3.1. Business Overview

            16.3.2. Company Revenue

            16.3.3. Product Portfolio

            16.3.4. Geographic Footprint

            16.3.5. Strategic Partnership

            16.3.6. Merger & Acquisition

            16.3.7. Business Expansion

            16.3.8. New Product Launch

            16.3.9. Innovation etc.

        16.4. Infostretch Corporation

            16.4.1. Business Overview

            16.4.2. Company Revenue

            16.4.3. Product Portfolio

            16.4.4. Geographic Footprint

            16.4.5. Strategic Partnership

            16.4.6. Merger & Acquisition

            16.4.7. Business Expansion

            16.4.8. New Product Launch

            16.4.9. Innovation etc.

        16.5. Inspired Testing (Pty) Ltd.

            16.5.1. Business Overview

            16.5.2. Company Revenue

            16.5.3. Product Portfolio

            16.5.4. Geographic Footprint

            16.5.5. Strategic Partnership

            16.5.6. Merger & Acquisition

            16.5.7. Business Expansion

            16.5.8. New Product Launch

            16.5.9. Innovation etc.

        16.6. KiwiQA Services Pvt. Ltd.

            16.6.1. Business Overview

            16.6.2. Company Revenue

            16.6.3. Product Portfolio

            16.6.4. Geographic Footprint

            16.6.5. Strategic Partnership

            16.6.6. Merger & Acquisition

            16.6.7. Business Expansion

            16.6.8. New Product Launch

            16.6.9. Innovation etc.

        16.7. Tricentis GmbH

            16.7.1. Business Overview

            16.7.2. Company Revenue

            16.7.3. Product Portfolio

            16.7.4. Geographic Footprint

            16.7.5. Strategic Partnership

            16.7.6. Merger & Acquisition

            16.7.7. Business Expansion

            16.7.8. New Product Launch

            16.7.9. Innovation etc.

        16.8. Testhouse Ltd.

            16.8.1. Business Overview

            16.8.2. Company Revenue

            16.8.3. Product Portfolio

            16.8.4. Geographic Footprint

            16.8.5. Strategic Partnership

            16.8.6. Merger & Acquisition

            16.8.7. Business Expansion

            16.8.8. New Product Launch

            16.8.9. Innovation etc.

        16.9. ANGLER Technologies India Pvt. Ltd.

            16.9.1. Business Overview

            16.9.2. Company Revenue

            16.9.3. Product Portfolio

            16.9.4. Geographic Footprint

            16.9.5. Strategic Partnership

            16.9.6. Merger & Acquisition

            16.9.7. Business Expansion

            16.9.8. New Product Launch

            16.9.9. Innovation etc.

        16.10. Qualitest Group

            16.10.1. Business Overview

            16.10.2. Company Revenue

            16.10.3. Product Portfolio

            16.10.4. Geographic Footprint

            16.10.5. Strategic Partnership

            16.10.6. Merger & Acquisition

            16.10.7. Business Expansion

            16.10.8. New Product Launch

            16.10.9. Innovation etc.

        16.11. Copado Holdings, Inc.

            16.11.1. Business Overview

            16.11.2. Company Revenue

            16.11.3. Product Portfolio

            16.11.4. Geographic Footprint

            16.11.5. Strategic Partnership

            16.11.6. Merger & Acquisition

            16.11.7. Business Expansion

            16.11.8. New Product Launch

            16.11.9. Innovation etc.

        16.12. QMetry Inc.

            16.12.1. Business Overview

            16.12.2. Company Revenue

            16.12.3. Product Portfolio

            16.12.4. Geographic Footprint

            16.12.5. Strategic Partnership

            16.12.6. Merger & Acquisition

            16.12.7. Business Expansion

            16.12.8. New Product Launch

            16.12.9. Innovation etc.

        16.13. SmartBear Solutions, Inc.

            16.13.1. Business Overview

            16.13.2. Company Revenue

            16.13.3. Product Portfolio

            16.13.4. Geographic Footprint

            16.13.5. Strategic Partnership

            16.13.6. Merger & Acquisition

            16.13.7. Business Expansion

            16.13.8. New Product Launch

            16.13.9. Innovation etc.

        16.14. LambdaTest, Inc.

            16.14.1. Business Overview

            16.14.2. Company Revenue

            16.14.3. Product Portfolio

            16.14.4. Geographic Footprint

            16.14.5. Strategic Partnership

            16.14.6. Merger & Acquisition

            16.14.7. Business Expansion

            16.14.8. New Product Launch

            16.14.9. Innovation etc.

        16.15. Katalon, Inc.

            16.15.1. Business Overview

            16.15.2. Company Revenue

            16.15.3. Product Portfolio

            16.15.4. Geographic Footprint

            16.15.5. Strategic Partnership

            16.15.6. Merger & Acquisition

            16.15.7. Business Expansion

            16.15.8. New Product Launch

            16.15.9. Innovation etc.

        16.16. Others

            16.16.1. Business Overview

            16.16.2. Company Revenue

            16.16.3. Product Portfolio

            16.16.4. Geographic Footprint

            16.16.5. Strategic Partnership

            16.16.6. Merger & Acquisition

            16.16.7. Business Expansion

            16.16.8. New Product Launch

            16.16.9. Innovation etc.

    17. Key Takeaways

    List of Tables

    Table 1: Acronyms Used in the Test Automation Market

    Table 2: North America Test Automation Market Revenue Analysis, by Country, 2021 - 2031 (US$ Bn)

    Table 3: Europe Test Automation Market Revenue Analysis, by Country, 2021 - 2031 (US$ Bn)

    Table 4: Asia Pacific Test Automation Market Revenue Analysis, by Country, 2021 - 2031 (US$ Bn)

    Table 5: Middle East & Africa Test Automation Market Revenue Analysis, by Country, 2021 and 2031 (US$ Bn)

    Table 6: South America Test Automation Market Revenue Analysis, by Country, 2021 - 2031 (US$ Bn)

    Table 7: Forecast Factors: Relevance and Impact

    Table 8: Mergers & Acquisitions, Expansions (1/2)

    Table 9: Mergers & Acquisitions, Expansions (2/2)

    Table 10: Global Test Automation Market Value (US$ Bn) Forecast, by Component, 2018 – 2031

    Table 11: Global Test Automation Market Value (US$ Bn) Forecast, by Testing Type, 2018 – 2031

    Table 12: Global Test Automation Market Value (US$ Bn) Forecast, by End-user, 2018 – 2031

    Table 13: Global Test Automation Market Volume (US$ Bn) Forecast, by Region, 2018 - 2031

    Table 14: North America Test Automation Market Value (US$ Bn) Forecast, by Component, 2018 – 2031

    Table 15: North America Test Automation Market Value (US$ Bn) Forecast, by Testing Type, 2018 – 2031

    Table 16: North America Test Automation Market Value (US$ Bn) Forecast, by End-user, 2018 – 2031

    Table 17: North America Test Automation Market Value (US$ Bn) Forecast, by Country, 2018 - 2031

    Table 18: U.S. Test Automation Market Revenue CAGR Breakdown (%), by Growth Term

    Table 19: Canada Test Automation Market Revenue CAGR Breakdown (%), by Growth Term

    Table 20: Mexico Test Automation Market Revenue CAGR Breakdown (%), by Growth Term

    Table 21: Europe Test Automation Market Value (US$ Bn) Forecast, by Component, 2018 – 2031

    Table 22: Europe Test Automation Market Value (US$ Bn) Forecast, by Testing Type, 2018 – 2031

    Table 23: Europe Test Automation Market Value (US$ Bn) Forecast, by End-user, 2018 – 2031

    Table 24: Europe Test Automation Market Value (US$ Bn) Forecast, by Country, 2018 - 2031

    Table 25: Germany Test Automation Market Revenue CAGR Breakdown (%), by Growth Term

    Table 26: U.K. Test Automation Market Revenue CAGR Breakdown (%), by Growth Term

    Table 27: France Test Automation Market Revenue CAGR Breakdown (%), by Growth Term

    Table 28: Spain Test Automation Market Revenue CAGR Breakdown (%), by Growth Term

    Table 29: Italy Test Automation Market Revenue CAGR Breakdown (%), by Growth Term

    Table 30: Asia Pacific Test Automation Market Value (US$ Bn) Forecast, by Component, 2018 – 2031

    Table 31: Asia Pacific Test Automation Market Value (US$ Bn) Forecast, by Testing Type, 2018 – 2031

    Table 32: Asia Pacific Test Automation Market Value (US$ Bn) Forecast, by End-user, 2018 – 2031

    Table 33: Asia Pacific Test Automation Market Value (US$ Bn) Forecast, by Country, 2018 - 2031

    Table 34: China Test Automation Market Revenue CAGR Breakdown (%), by Growth Term

    Table 35: India Test Automation Market Revenue CAGR Breakdown (%), by Growth Term

    Table 36: Japan Test Automation Market Revenue CAGR Breakdown (%), by Growth Term

    Table 37: South Korea Test Automation Market Revenue CAGR Breakdown (%), by Growth Term

    Table 38: Southeast Asia Test Automation Market Revenue CAGR Breakdown (%), by Growth Term

    Table 39: Australia Test Automation Market Revenue CAGR Breakdown (%), by Growth Term

    Table 40: Middle East & Africa Test Automation Market Value (US$ Bn) Forecast, by Component, 2018 – 2031

    Table 41: Middle East & Africa Test Automation Market Value (US$ Bn) Forecast, by Testing Type, 2018 – 2031

    Table 42: Middle East & Africa Test Automation Market Value (US$ Bn) Forecast, by End-user, 2018 – 2031

    Table 43: Middle East & Africa Test Automation Market Value (US$ Bn) Forecast, by Country, 2018 - 2031

    Table 44: Saudi Arabia Test Automation Market Revenue CAGR Breakdown (%), by Growth Term

    Table 45: The United Arab Emirates Test Automation Market Revenue CAGR Breakdown (%), by Growth Term

    Table 46: The United Arab Emirates Test Automation Market Revenue CAGR Breakdown (%), by Growth Term

    Table 47: The United Arab Emirates Test Automation Market Revenue CAGR Breakdown (%), by Growth Term

    Table 48: South Africa Test Automation Market Revenue CAGR Breakdown (%), by Growth Term

    Table 49: South America Test Automation Market Value (US$ Bn) Forecast, by Component, 2018 – 2031

    Table 50: South America Test Automation Market Value (US$ Bn) Forecast, by Testing Type, 2018 – 2031

    Table 51: South America Test Automation Market Value (US$ Bn) Forecast, by End-user, 2018 – 2031

    Table 52: South America Test Automation Market Value (US$ Bn) Forecast, by Country, 2018 - 2031

    Table 53: Brazil Emirates Test Automation Market Revenue CAGR Breakdown (%), by Growth Term

    Table 54: Argentina Test Automation Market Revenue CAGR Breakdown (%), by Growth Term

    Table 55: Columbia Test Automation Market Revenue CAGR Breakdown (%), by Growth Term

    Table 56: Chile Test Automation Market Revenue CAGR Breakdown (%), by Growth Term

    List of Figures

    Figure 1: Global Test Automation Market Size (US$ Bn) Forecast, 2018–2031

    Figure 2: Global Test Automation Market Revenue (US$ Bn) Opportunity Assessment, by Region, 2021E

    Figure 3: Top Segment Analysis of Test Automation Market

    Figure 4: Global Test Automation Market Revenue (US$ Bn) Opportunity Assessment, by Region, 2031F

    Figure 5: Global Test Automation Market Attractiveness Assessment, by Component

    Figure 6: Global Test Automation Market Attractiveness Assessment, by Testing Type

    Figure 7: Global Test Automation Market Attractiveness Assessment, by End-user

    Figure 8: Global Test Automation Market Attractiveness Assessment, by Region

    Figure 9: Global Test Automation Market Revenue (US$ Bn) Historic Trends, 2016 - 2020

    Figure 10: Global Test Automation Market Revenue Opportunity (US$ Bn) Historic Trends, 2016 - 2020

    Figure 11: Global Test Automation Market Value Share Analysis, by Component, 2021

    Figure 12: Global Test Automation Market Value Share Analysis, by Component, 2031

    Figure 13: Global Test Automation Market Absolute Opportunity (US$ Bn), by Solutions, 2021 – 2031

    Figure 14: Global Test Automation Market Absolute Opportunity (US$ Bn), by Services, 2021 – 2031

    Figure 15: Global Test Automation Market Value Share Analysis, by Testing Type, 2021

    Figure 16: Global Test Automation Market Value Share Analysis, by Testing Type, 2031

    Figure 17: Global Test Automation Market Absolute Opportunity (US$ Bn), by Functional Testing, 2021 – 2031

    Figure 18: Global Test Automation Market Absolute Opportunity (US$ Bn), by Non-functional Testing, 2021 – 2031

    Figure 19: Global Test Automation Market Value Share Analysis, by End-user, 2021

    Figure 20: Global Test Automation Market Value Share Analysis, by End-user, 2031

    Figure 21: Global Test Automation Market Absolute Opportunity (US$ Bn), by BFSI , 2021 – 2031

    Figure 22: Global Test Automation Market Absolute Opportunity (US$ Bn), by IT and Telecom , 2021 – 2031

    Figure 23: Global Test Automation Market Absolute Opportunity (US$ Bn), by Healthcare, 2021 – 2031

    Figure 24: Global Test Automation Market Absolute Opportunity (US$ Bn), by Government , 2021 – 2031

    Figure 25: Global Test Automation Market Absolute Opportunity (US$ Bn), by Retail & E-commerce, 2021 – 2031

    Figure 26: Global Test Automation Market Absolute Opportunity (US$ Bn), by Manufacturing , 2021 – 2031

    Figure 27: Global Test Automation Market Absolute Opportunity (US$ Bn), by Media & Entertainment , 2021 – 2031

    Figure 28: Global Test Automation Market Absolute Opportunity (US$ Bn), by Others, 2021 – 2031

    Figure 29: Global Test Automation Market Opportunity (US$ Bn), by Region

    Figure 30: Global Test Automation Market Opportunity Share (%), by Region, 2021–2031

    Figure 33: Global Test Automation Market Size (US$ Bn), by Region, 2021 & 2031

    Figure 34: Global Test Automation Market Value Share Analysis, by Region, 2021

    Figure 35: Global Test Automation Market Value Share Analysis, by Region, 2031

    Figure 36: North America Test Automation Market Absolute Opportunity (US$ Bn), 2021 – 2031

    Figure 37: Europe Test Automation Market Absolute Opportunity (US$ Bn), 2021 – 2031

    Figure 38: Asia Pacific Test Automation Market Absolute Opportunity (US$ Bn), 2021 – 2031

    Figure 39: Middle East & Africa Test Automation Market Absolute Opportunity (US$ Bn), 2021 – 2031

    Figure 40: South America Test Automation Market Absolute Opportunity (US$ Bn), 2021 – 2031

    Figure 41: North America Test Automation Revenue Opportunity Share, by Country

    Figure 42: North America Test Automation Revenue Opportunity Share, by Component

    Figure 43: North America Test Automation Revenue Opportunity Share, by Testing Type

    Figure 44: North America Test Automation Revenue Opportunity Share, by End-user

    Figure 45: North America Test Automation Market Value Share Analysis, by Component, 2021

    Figure 46: North America Test Automation Market Value Share Analysis, by Component, 2031

    Figure 47: North America Test Automation Market Absolute Opportunity (US$ Bn), by Solutions, 2021 – 2031

    Figure 48: North America Test Automation Market Absolute Opportunity (US$ Bn), by Services, 2021 – 2031

    Figure 49: North America Test Automation Market Value Share Analysis, by Testing Type, 2021

    Figure 50: North America Test Automation Market Value Share Analysis, by Testing Type, 2031

    Figure 51: North America Test Automation Market Absolute Opportunity (US$ Bn), by Functional Testing, 2021 – 2031

    Figure 52: North America Test Automation Market Absolute Opportunity (US$ Bn), by Non-functional Testing, 2021 – 2031

    Figure 53: North America Test Automation Market Value Share Analysis, by End-user, 2021

    Figure 54: North America Test Automation Market Value Share Analysis, by End-user, 2031

    Figure 55: North America Test Automation Market Absolute Opportunity (US$ Bn), by BFSI , 2021 – 2031

    Figure 56: North America Test Automation Market Absolute Opportunity (US$ Bn), by IT and Telecom , 2021 – 2031

    Figure 57: North America Test Automation Market Absolute Opportunity (US$ Bn), by Healthcare, 2021 – 2031

    Figure 58: North America Test Automation Market Absolute Opportunity (US$ Bn), by Government , 2021 – 2031

    Figure 59: North America Test Automation Market Absolute Opportunity (US$ Bn), by Retail & E-commerce, 2021 – 2031

    Figure 60: North America Test Automation Market Absolute Opportunity (US$ Bn), by Manufacturing , 2021 – 2031

    Figure 61: North America Test Automation Market Absolute Opportunity (US$ Bn), by Media & Entertainment , 2021 – 2031

    Figure 62: North America Test Automation Market Absolute Opportunity (US$ Bn), by Others, 2021 – 2031

    Figure 63: North America Test Automation Market Value Share Analysis, by Country, 2021

    Figure 64: North America Test Automation Market Value Share Analysis, by Country, 2031

    Figure 65: U.S. Test Automation Market Opportunity Growth Analysis (US$ Bn) Forecast, 2021 – 2031

    Figure 66: Canada Test Automation Market Opportunity Growth Analysis (US$ Bn) Forecast, 2021 – 2031

    Figure 67: Mexico Test Automation Market Opportunity Growth Analysis (US$ Bn) Forecast, 2021 – 2031

    Figure 68: Europe Test Automation Revenue Opportunity Share, by Country

    Figure 69: Europe Test Automation Revenue Opportunity Share, by Component

    Figure 70: Europe Test Automation Revenue Opportunity Share, by Testing Type

    Figure 71: Europe Test Automation Revenue Opportunity Share, by End-user

    Figure 72: Europe Test Automation Market Value Share Analysis, by Component, 2021

    Figure 73: Europe Test Automation Market Value Share Analysis, by Component, 2031

    Figure 74: Europe Test Automation Market Absolute Opportunity (US$ Bn), by Solutions, 2021 – 2031

    Figure 75: Europe Test Automation Market Absolute Opportunity (US$ Bn), by Services, 2021 – 2031

    Figure 76: Europe Test Automation Market Value Share Analysis, by Testing Type, 2021

    Figure 77: Europe Test Automation Market Value Share Analysis, by Testing Type, 2031

    Figure 78: Europe Test Automation Market Absolute Opportunity (US$ Bn), by Functional Testing, 2021 – 2031

    Figure 79: Europe Test Automation Market Absolute Opportunity (US$ Bn), by Non-functional Testing, 2021 – 2031

    Figure 80: Europe Test Automation Market Value Share Analysis, by End-user, 2021

    Figure 81: Europe Test Automation Market Value Share Analysis, by End-user, 2031

    Figure 82: Europe Test Automation Market Absolute Opportunity (US$ Bn), by BFSI , 2021 – 2031

    Figure 83: Europe Test Automation Market Absolute Opportunity (US$ Bn), by IT and Telecom , 2021 – 2031

    Figure 84: Europe Test Automation Market Absolute Opportunity (US$ Bn), by Healthcare, 2021 – 2031

    Figure 85: Europe Test Automation Market Absolute Opportunity (US$ Bn), by Government , 2021 – 2031

    Figure 86: Europe Test Automation Market Absolute Opportunity (US$ Bn), by Retail & E-commerce, 2021 – 2031

    Figure 87: Europe Test Automation Market Absolute Opportunity (US$ Bn), by Manufacturing , 2021 – 2031

    Figure 88: Europe Test Automation Market Absolute Opportunity (US$ Bn), by Media & Entertainment , 2021 – 2031

    Figure 89: Europe Test Automation Market Absolute Opportunity (US$ Bn), by Others, 2021 – 2031

    Figure 90: Europe Test Automation Market Value Share Analysis, by Country, 2021

    Figure 91: Europe Test Automation Market Value Share Analysis, by Country, 2031

    Figure 92: Germany Test Automation Market Opportunity Growth Analysis (US$ Bn) Forecast, 2021 – 2031

    Figure 93: U.K. Test Automation Market Opportunity Growth Analysis (US$ Bn) Forecast, 2021 – 2031

    Figure 94: France Test Automation Market Opportunity Growth Analysis (US$ Bn) Forecast, 2021 – 2031

    Figure 95: Spain Test Automation Market Opportunity Growth Analysis (US$ Bn) Forecast, 2021 – 2031

    Figure 96: Italy Test Automation Market Opportunity Growth Analysis (US$ Bn) Forecast, 2021 – 2031

    Figure 97: Asia Pacific Test Automation Revenue Opportunity Share, by Country

    Figure 98: Asia Pacific Test Automation Revenue Opportunity Share, by Component

    Figure 99: Asia Pacific Test Automation Revenue Opportunity Share, by Testing Type

    Figure 100: Asia Pacific Test Automation Revenue Opportunity Share, by End-user

    Figure 101: Asia Pacific Test Automation Market Value Share Analysis, by Component, 2021

    Figure 102: Asia Pacific Test Automation Market Value Share Analysis, by Component, 2031

    Figure 103: Asia Pacific Test Automation Market Absolute Opportunity (US$ Bn), by Solutions, 2021 – 2031

    Figure 104: Asia Pacific Test Automation Market Absolute Opportunity (US$ Bn), by Services, 2021 – 2031

    Figure 105: Asia Pacific Test Automation Market Value Share Analysis, by Testing Type, 2021

    Figure 106: Asia Pacific Test Automation Market Value Share Analysis, by Testing Type, 2031

    Figure 107: Asia Pacific Test Automation Market Absolute Opportunity (US$ Bn), by Functional Testing, 2021 – 2031

    Figure 108: Asia Pacific Test Automation Market Absolute Opportunity (US$ Bn), by Non-functional Testing, 2021 – 2031

    Figure 109: Asia Pacific Test Automation Market Value Share Analysis, by End-user, 2021

    Figure 110: Asia Pacific Test Automation Market Value Share Analysis, by End-user, 2031

    Figure 111: Asia Pacific Test Automation Market Absolute Opportunity (US$ Bn), by BFSI , 2021 – 2031

    Figure 112: Asia Pacific Test Automation Market Absolute Opportunity (US$ Bn), by IT and Telecom , 2021 – 2031

    Figure 113: Asia Pacific Test Automation Market Absolute Opportunity (US$ Bn), by Healthcare, 2021 – 2031

    Figure 114: Asia Pacific Test Automation Market Absolute Opportunity (US$ Bn), by Government , 2021 – 2031

    Figure 115: Asia Pacific Test Automation Market Absolute Opportunity (US$ Bn), by Retail & E-commerce, 2021 – 2031

    Figure 116: Asia Pacific Test Automation Market Absolute Opportunity (US$ Bn), by Manufacturing , 2021 – 2031

    Figure 117: Asia Pacific Test Automation Market Absolute Opportunity (US$ Bn), by Media & Entertainment , 2021 – 2031

    Figure 118: Asia Pacific Test Automation Market Absolute Opportunity (US$ Bn), by Others, 2021 – 2031

    Figure 119: Asia Pacific Test Automation Market Value Share Analysis, by Country, 2021

    Figure 120: Asia Pacific Test Automation Market Value Share Analysis, by Country, 2031

    Figure 121: China Test Automation Market Opportunity Growth Analysis (US$ Bn) Forecast, 2021 – 2031

    Figure 122: India Test Automation Market Opportunity Growth Analysis (US$ Bn) Forecast, 2021 – 2031

    Figure 123: Japan Test Automation Market Opportunity Growth Analysis (US$ Bn) Forecast, 2021 – 2031

    Figure 124: South Korea Test Automation Market Opportunity Growth Analysis (US$ Bn) Forecast, 2021 – 2031

    Figure 125: Southeast Asia Test Automation Market Opportunity Growth Analysis (US$ Bn) Forecast, 2021 – 2031

    Figure 126: Australia Test Automation Market Opportunity Growth Analysis (US$ Bn) Forecast, 2021 – 2031

    Figure 127: Middle East & Africa Test Automation Revenue Opportunity Share, by Country

    Figure 128: Middle East & Africa Test Automation Revenue Opportunity Share, by Component

    Figure 129: Middle East & Africa Test Automation Revenue Opportunity Share, by Testing Type

    Figure 130: Middle East & Africa Test Automation Revenue Opportunity Share, by End-user

    Figure 131: Middle East & Africa Test Automation Market Value Share Analysis, by Component, 2021

    Figure 132: Middle East & Africa Test Automation Market Value Share Analysis, by Component, 2031

    Figure 133: Middle East & Africa Test Automation Market Absolute Opportunity (US$ Bn), by Solutions, 2021 – 2031

    Figure 134: Middle East & Africa Test Automation Market Absolute Opportunity (US$ Bn), by Services, 2021 – 2031

    Figure 135: Middle East & Africa Test Automation Market Value Share Analysis, by Testing Type, 2021

    Figure 136: Middle East & Africa Test Automation Market Value Share Analysis, by Testing Type, 2031

    Figure 137: Middle East & Africa Automation Market Absolute Opportunity (US$ Bn), by Functional Testing, 2021 – 2031

    Figure 138: Middle East & Africa Test Automation Market Absolute Opportunity (US$ Bn), by Non-functional Testing, 2021 – 2031

    Figure 139: Middle East & Africa Test Automation Market Value Share Analysis, by End-user, 2021

    Figure 140: Middle East & Africa Test Automation Market Value Share Analysis, by End-user, 2031

    Figure 141: Middle East & Africa Test Automation Market Absolute Opportunity (US$ Bn), by BFSI , 2021 – 2031

    Figure 142: Middle East & Africa Test Automation Market Absolute Opportunity (US$ Bn), by IT and Telecom , 2021 – 2031

    Figure 143: Middle East & Africa Test Automation Market Absolute Opportunity (US$ Bn), by Healthcare, 2021 – 2031

    Figure 144: Middle East & Africa Test Automation Market Absolute Opportunity (US$ Bn), by Government , 2021 – 2031

    Figure 145: Middle East & Africa Test Automation Market Absolute Opportunity (US$ Bn), by Retail & E-commerce, 2021 – 2031

    Figure 146: Middle East & Africa Test Automation Market Absolute Opportunity (US$ Bn), by Manufacturing , 2021 – 2031

    Figure 147: Middle East & Africa Test Automation Market Absolute Opportunity (US$ Bn), by Media & Entertainment , 2021 – 2031

    Figure 148: Middle East & Africa Test Automation Market Absolute Opportunity (US$ Bn), by Others, 2021 – 2031

    Figure 149: Middle East & Africa Test Automation Market Value Share Analysis, by Country, 2021

    Figure 150: Middle East & Africa Test Automation Market Value Share Analysis, by Country, 2031

    Figure 151: Saudi Arabia Test Automation Market Opportunity Growth Analysis (US$ Bn) Forecast, 2021 – 2031

    Figure 152: The United Arab Emirates Test Automation Market Opportunity Growth Analysis (US$ Bn) Forecast, 2021 – 2031

    Figure 153: The United Arab Emirates Test Automation Market Opportunity Growth Analysis (US$ Bn) Forecast, 2021 – 2031

    Figure 154: The United Arab Emirates Test Automation Market Opportunity Growth Analysis (US$ Bn) Forecast, 2021 – 2031

    Figure 155: South Africa Test Automation Market Opportunity Growth Analysis (US$ Bn) Forecast, 2021 – 2031

    Figure 156: South America Test Automation Revenue Opportunity Share, by Country

    Figure 157: South America Test Automation Revenue Opportunity Share, by Component

    Figure 158: South America Test Automation Revenue Opportunity Share, by Testing Type

    Figure 159: South America Test Automation Revenue Opportunity Share, by End-user

    Figure 160: South America Test Automation Market Value Share Analysis, by Component, 2021

    Figure 161: South America Test Automation Market Value Share Analysis, by Component, 2031

    Figure 162: South America Test Automation Market Absolute Opportunity (US$ Bn), by Solutions, 2021 – 2031

    Figure 163: South America Test Automation Market Absolute Opportunity (US$ Bn), by Services, 2021 – 2031

    Figure 164: South America Test Automation Market Value Share Analysis, by Testing Type, 2021

    Figure 165: South America Test Automation Market Value Share Analysis, by Testing Type, 2031

    Figure 166: South America Automation Market Absolute Opportunity (US$ Bn), by Functional Testing, 2021 – 2031

    Figure 167: South America Test Automation Market Absolute Opportunity (US$ Bn), by Non-functional Testing, 2021 – 2031

    Figure 168: South America Test Automation Market Value Share Analysis, by End-user, 2021

    Figure 169: South America Test Automation Market Value Share Analysis, by End-user, 2031

    Figure 170: South America Test Automation Market Absolute Opportunity (US$ Bn), by BFSI , 2021 – 2031

    Figure 171: South America Test Automation Market Absolute Opportunity (US$ Bn), by IT and Telecom , 2021 – 2031

    Figure 172: South America Test Automation Market Absolute Opportunity (US$ Bn), by Healthcare, 2021 – 2031

    Figure 173: South America Test Automation Market Absolute Opportunity (US$ Bn), by Government , 2021 – 2031

    Figure 174: South America Test Automation Market Absolute Opportunity (US$ Bn), by Retail & E-commerce, 2021 – 2031

    Figure 175: South America Test Automation Market Absolute Opportunity (US$ Bn), by Manufacturing , 2021 – 2031

    Figure 176: South America Test Automation Market Absolute Opportunity (US$ Bn), by Media & Entertainment , 2021 – 2031

    Figure 177: South America Test Automation Market Absolute Opportunity (US$ Bn), by Others, 2021 – 2031

    Figure 178: South America Test Automation Market Value Share Analysis, by Country, 2021

    Figure 179: South America Test Automation Market Value Share Analysis, by Country, 2031

    Figure 180: Brazil Test Automation Market Opportunity Growth Analysis (US$ Bn) Forecast, 2021 – 2031

    Figure 181: Argentina Test Automation Market Opportunity Growth Analysis (US$ Bn) Forecast, 2021 – 2031

    Figure 182: Columbia Test Automation Market Opportunity Growth Analysis (US$ Bn) Forecast, 2021 – 2031

    Figure 183: Chile Test Automation Market Opportunity Growth Analysis (US$ Bn) Forecast, 2021 – 2031

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