With the emergence and long-term Impact of COVID-19, Global AI-enabled Testing Market to reach USD 1601.58 million by 2030
Bizwit Research & Consulting LLP’s recent analysis on the Global AI-enabled Testing Market points towards a potential rise to USD 1601.58 million by 2030. AI-enabled testing, also known as artificial intelligence in testing, refers to the use of artificial intelligence (AI) and machine learning (ML) techniques to enhance and automate various aspects of software testing. Software testing is a critical part of the software development life cycle, and AI can play a significant role in making it more efficient, accurate, and cost-effective. The key factors driving the market growth is continuous integration and continuous deployment, rising demand for AI and ML applications, and rising shift from manual to automated testing that anticipated to support the market growth.
Geographically, the global AI-enabled Testing market has been segmented into North America, Europe, Asia Pacific (APAC), Latin America, and Middle East and Africa (MEA). North America dominated the market in 2022 owing to the presence of key market players, growing adoption of AI and ML, growing industrialization and cohesive government initiative and policies. Whereas, the Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as the increasing digital transformation, rising need for efficient testing, and growing ai and machine learning expertise.
The global AI-enabled Testing market is highly competitive owing to the presence of several key players such as Tricentis, Micro Focus International Plc, testRigor, Capgemini SE, Applitools Diffblue Ltd, Functionize Inc, D2L Corp, ReTest Gmbh, Sauce Labs Inc, and others.
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Key findings of the study suggest:
- Global AI-enabled Testing Market is anticipated to grow with a healthy growth rate of more than 18.4% over the forecast period 2023-2030.
- In the Deployment segment, Cloud emerged out as the leading market segment in 2022.
- North America is anticipated to drive regional growth owing to growing adoption of AI and ML in the region.
- Asia Pacific is expected to grow at higher rate owing to increasing digital transformation in the region
Bizwit Research & Consulting has considered following segments for the study:
By Component:
- Solution
- Services
By Deployment:
- Cloud
- On-premises
By Technology:
- Machine Learning and pattern Recognition
- Natural Language Processing (NLP)
- Computer Vision and Image Processing
By Application:
- Test Automation
- Infrastructure Optimization
- Others
By End-Use:
- Healthcare
- IT & Telecommunication
- Energy & Utilities
- BFSI
- Government
- Others
Regional Outlook
- North America
- US
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Korea
- Australia
- RoAPAC
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
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Bizwit Research & Consulting LLP is a global provider of business intelligence & consulting services. The company has a strong primary base of key industry leaders along with the chain of industry analysts to analyze the market trends and its future impact in order to estimates and forecast different business segments and markets. Bizwit incorporate big data, expert analysis, and huge industry database to deliver client focused business consulting reports. Our analysts perform unbiased measurement and assessment of market opportunities to comprehend detailed market forecast. Our team of key opinion leaders evaluates the market size, growth prospects, end-use, applications, value & supply chain and top vendors in the industry to help the clients to take conversant business decisions without any vague assumptions.
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