Test Automation Market is Expected to Reach USD 81.93 billion by the End of 2023 at a CAGR of 15.34% Including Key Players Cognizant Corporation, IBM, Hewlett-Packard, Capgemini, Tata Consultancy Services and Infosys

Industry Outlook and Trend Analysis
The Test Automation Market was worth USD 22.67 billion in the year of 2014 and is expected to reach USD 81.93 billion by the end of 2023 while registering itself at a compound annual growth rate (CAGR) of 15.34% during the forecast period. The test automation market is anticipated to witness huge development because of the expanding pattern of digital transformation globally. Expanding interest in IT sector builds the demand of test automation. The key driving component for test automation market is the advantages offered by these apparatuses like time and cost devouring, convenient to test for multi lingual destinations, no need of human intercession, upgrade the speed of test execution. Additionally, test automation enhances the advancement procedure of a software product which builds the implementation of testing device in IT industry. Implementation of cloud solutions from organization is probably going to boost the development in the following years.

Competitive Insights
The leading players in the market are Cognizant Corporation, IBM, Hewlett-Packard, Capgemini, Tata Consultancy Services and Infosys. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.

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Type Outlook and Trend Analysis
On the basis of test types, global test automation market is divided into compatibility testing, configuration testing, functional testing, web services testing, acceptance testing, mobile testing, integration testing, load testing, security testing, usability testing, migration testing, platform testing, network testing and QA process design. Functional testing ruled the test automation market in 2016 and is anticipated to develop amid estimate period. It represented around 24 percent share of the aggregate market on the basis of income. Functional testing is associated with the testing between the application on one side and rest of the framework. Enhanced properties and techniques for useful testing of .NET, Java and web applications require the functional testing tools which simultaneously builds the demand of test automation market.

Regional Outlook and Trend Analysis
North America is anticipated to remain the market pioneer over the estimate time frame, and recorded USD 6.80 billion in 2016 on the basis of income and is anticipated to encounter significant development in the upcoming years. The fast deployment of versatile applications and Software as a Service (SaaS) on cloud is one of the significant factor behind the development of the test automation market in North America. Quickly developing IT industry in rising economies of Japan, China, and India is foreseen to drive the test automation market in Asia Pacific.

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The Test Automation Market is segmented as follows-
By Test Type:
Configuration Testing
Web Services Testing
Compatibility Testing
Usability Testing
Functional Testing
QA Process Design
Security Testing
Acceptance Testing
Platform Testing
Mobile Testing
Migration Testing
Integration Testing
Load Testing

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