Press release
Model Based Testing Market to Witness Increase in Revenues by 2027
Request Report TOC www.factmr.com/connectus/sample?flag=T&rep_id=445
Model Based Testing Market: Drivers and Restraints,Regional Overview and Key Companies
The process of implementation of software at various end points along with cutting edge functionalities is getting complex. Moreover, due to failure in keeping up with the difficult structure of dependencies in system under test, procedure of manual testing is getting out-of-date. This is one of the major factors which is fuelling the growth of the model based testing market. Although model based testing is broadly accepted method due to its efficiency in testing, they area also assumed as challenging methods. The most demanding and complex process is model building that is based on model testing. It is tremendously tough to use testing tools that are based on model.
Due to large base of automobile manufacturing and ever growing sector of information and technology that needs software testing, the developing economies such as Asia Pacific are likely to have remarkable growth during the forecasted period. Some developed regions such as Europe and North America are also likely to contribute remarkably to the market of model based testing. The reason behind this growth is well-established automobile industry and existence of world’s best and leading companies.
Major companies involved in the global model based testing market are focusing on test design automation as well as accelerate testing of financial service applications at a commercial level. For example, extensive experience of Capgemini in the implementation of commercial off-the-shelf services typically for financial services. This covers insurance claims, core banking, payments processing as well as security trading. This platform for model based testing of Capgemini permits testing professionals to develop test cases with higher efficiency and effectually with the assistance of pre-defined tools and accelerators. Here is the list of companies that are functioning in the model bases testing market- Infosys, HCL Technologies, Microsoft, Accenture, Oracle, Capgemini, Wipro, and Oracle.
Report Analysis @ www.factmr.com/report/445/model-based-testing-market
About FactMR
FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.
Contact Us
FactMR
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Email: sales@factmr.com
Web: www.factmr.com/
Follow Us on Linkedin: www.linkedin.com/company/factmr/
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Model Based Testing Market to Witness Increase in Revenues by 2027 here
News-ID: 1277695 • Views: …
More Releases from Fact.MR
Plastic Surgery Instruments Market Valued at USD 1,382.4 Million in 2025
Plastic Surgery Instruments Market is witnessing robust growth, supported by rising demand for both cosmetic and reconstructive surgeries. According to Fact.MR's latest report, the market is valued at USD 1,382.4 million in 2025, highlighting the critical role of specialized instruments in enhancing surgical precision and patient outcomes. The popularity of aesthetic enhancements, combined with the need for reconstructive solutions in trauma and medical cases, is fueling steady adoption worldwide.
For More…
Spinal Surgery Products Market Expanding at 4.3% CAGR by 2035 | Key Players Cove …
The global spinal surgery products market continues to expand as demand for effective treatment options for spinal disorders increases. According to a recent analysis by Fact.MR, the market is valued at USD 12.4 billion in 2025, underscoring its vital role in the global healthcare industry. This growth is being driven by rising incidences of degenerative disc diseases, trauma cases, and spinal deformities, which are fueling the demand for advanced devices…
Predictive Maintenance Market Growing at 20.5% CAGR by 2034 | Fact.MR Analysis
The predictive maintenance market is witnessing rapid growth as industries across the globe increasingly rely on real-time data analytics to prevent costly equipment failures and improve operational efficiency. Predictive maintenance solutions, powered by advanced technologies such as artificial intelligence, IoT, and machine learning, enable organizations to monitor asset health, anticipate breakdowns, and optimize maintenance schedules.
According to Fact.MR, the global predictive maintenance market is valued at US$ 9.1 billion in…
E-Scooter Sharing Market is Forecasted to Reach US$ 8.3 Billion by 2034 | Key Pl …
The global e-scooter sharing market is gaining strong momentum as cities worldwide adopt sustainable and cost-efficient mobility solutions. With urban congestion, rising fuel prices, and growing environmental concerns, e-scooter sharing services are becoming a preferred choice for short-distance commutes. According to the latest insights from Fact.MR, the global e-scooter sharing market has been analyzed at a value of US$ 1.9 billion in 2024, reflecting the increasing accessibility of shared micro-mobility…
More Releases for Model
Animal Model Market
The Global Animal Model Market, detailed in the TechSci Research report titled, "Animal Model Market - Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028," exhibited a value of USD 1.67 billion in 2022, poised to grow at a Compound Annual Growth Rate (CAGR) of 7.64% from 2024 to 2028. This comprehensive analysis delves into the intricate web of factors driving the market, including the global burden of chronic…
Executing a Business Model Transformation with A Business Model Canvas
Business model transformation is the process of changing the way a company operates, with the aim of improving its overall performance. This transformation often involves significant changes to a company's existing business model. To ensure that the transformation process is successful, companies can use a tool called the business model canvas. Get a free business model canvas here: https://digitalleadership.com/unite-articles/extended-business-model-canvas/
Steps in Executing a Business Model Transformation with A Business Model Canvas
Business…
Fourth Party Logistics Market : Industry Innovator Model, Solution Integrator Mo …
The fourth party logistics market was valued at $57.9 billion in 2021, and is estimated to reach $111.7 billion by 2031, growing at a CAGR of 6.7% from 2022 to 2031.
Fourth party logistics, popularly known as 4PL, is the model of outsourcing of logistics operations, where the service provider integrates with the company's supply chain department. This logistics partner is responsible for assessing, designing, building, running, and measuring integrated supply…
How Drizly Works: Business Model & Revenue Model
‘Slow and steady wins the race.’
Such is the case with the world’s leading alcohol marketplace, Drizly which carved a unique, step-by-step growth strategy for itself and eventually, succeeded in transforming the way alcohol is bought and sold across various continents. Co-founded in 2012 by Cory Rellas and Nick Rellas, the Boston-based start-up which was one of the first few on-demand liquor delivery apps to make its way into the market,…
Animal Model Market trends, Animal Model Market growth, Animal Model Market size …
Key Findings of Animal Model Market
Developing Regions to Overpower Developed Ones With Regard to Demand
The Asian territory is on the verge of evolving as the next big destination for animal models. This growth can be attributed to various factors such as American and European pharmaceutical companies diversifying their research activities to curtail extra expenses and save costs. Although U.S and Europe have retained their legacy in the global market, their…
Cloud Computing in Healthcare Market By Deployment Model (Public- cloud deployme …
Industry Outlook and Trend Analysis
The Cloud Computing in Healthcare Market was worth USD 3.05 billion in 2014 and is expected to reach approximately USD 16.25 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 20.43% during the forecast period. Cloud computing, commonly alluded to as 'the cloud', is a technique to access and store the information and projects over the internet. The cloud computing is…
