Automation Testing Market Set to Grow at Healthy CAGR of 3.0% by 2025

Automation Testing Market accounted for USD 2.36 billion in 2017 and is projected to grow at a CAGR of 3.0% the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

Key Players: Global Automation Testing Market

The key players in the global automation testing market are Verizon Communications, IBM Corporation, Aemulus Holdings Bhd ("Aemulus"), Chroma ATE Inc., Aeroflex Inc., Astronics Corporation, Advantest Corporation, LTX-Credence Corporation (Xcerra Corporation), Teradyne Inc., STAr Technologies Inc., Tesec Corporation, Roos Instruments, Inc., Marvin Test Solutions Inc. and Danaher Corporation, Teradyne Inc., Advantest Corporation, Capgemini, Wipro, Accenture, TCS, Infosys Ltd. among others.

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The goal of automation testing improves the testing exertion as could reasonably be expected with a base arrangement of contents. In the event that unit testing expends an extensive level of a quality affirmation (QA) group's assets, for instance, this procedure may be a decent contender for computerization. Automation testing instruments are fit for executing tests, revealing results and contrasting outcomes and prior trials. Tests did with these instruments can be run over and again, whenever of day.

Competitive Analysis: Global Automation Testing Market

The global automation testing market is fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market in order to sustain in long run. The report includes market shares of automation testing market for global, Europe, North America, Asia Pacific and South America.

Market Segmentation: Global Automation Testing Market

The global automation testing market is based on component, type, application and geographical segments.

• Based on component, the global automation testing market is segmented into industrial PC, mass interconnect, handler, and probers.
• Based on type, the global automation testing market is segmented into memory chip, mixed signal, digital, and others.
• Based on application, the global automation testing market is segmented into consumer electronics, automotive, aerospace and defense, and medical.
• Based on geography, the global automation testing market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.

Market Drivers and Restraints:

• Increasing trend of digital transformation across the globe.
• Increasing investment in IT sector increases the demand for test automation.
• Increasing adoption of System-on chip and high demand for consumer electronics.
• High implementation costs.

Key insights in the report:

• Complete and distinct analysis of the market drivers and restraints
• Key Market players involved in this industry
• Detailed analysis of the Market Segmentation
• Competitive analysis of the key players involved

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Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches.