Progress announced the latest release of Progress Flowmon.
According to a new market research report "Automation Testing Market by Technology (IoT, AI, and Big Data), Testing Type (Functional, Performance, Compatibility, and Security), Service (Advisory & Consulting, Managed, and Implementation), Endpoint Interface, and Region - Global Forecast to 2023", published by MarketsandMarkets, the market size is expected to grow from USD 8.52 Billion in 2018 to USD 19.27 Billion by 2023, at a Compound Annual Growth Rate (CAGR) of 17.7% during the forecast period (2018-2023).
The major factors that are expected to drive the growth of the Automation Testing Market include the increasing mobile devices and technologies and DevOps methodology. In addition, digital transformation of testing, and increase in Return on Investment (RoI) from automation testing are some of the factors that are expected to drive the market growth.
The non-functional testing segment is expected to be the fastest-growing testing type in the Automation Testing Market during the forecast period. Non-functional testing comprises evaluating a system's performance under load, testing its security, and verifying the disaster recovery procedures and infrastructure placed to go live. This testing mostly deals with the quality of software or applications to be developed and deployed. Automation of non-functional testing enables testers to further enhance the quality of the software, thereby reducing the testing maintenance costs.
The implementation service segment is expected to hold the largest market share in the Automation Testing Market during the forecast period. Implementation services help provide assistance in test case methodologies, creating customized technical controls and steering technologies, and test data analysis. These services comprise customer-specific extensions and integrations, installations, and roll out services. Moreover, implementation services are an important aspect of executing automation testing, as they help implement new versions of automation testing tools as well as integrate those tools with the traditional testing ecosystem.
North America is expected to have the largest market share in the global Automation Testing Market, due to the presence of sustainable and well-established economies in this region, which empowers it to invest strongly in Research and Development (R&D) activities. The continuous spread of digital transformation across various verticals, and the growing convergence of different technologies, such as Artificial Intelligence (AI), machine learning, Internet of Things (IoT), and analytics, have created an impact in the region and led to an increase in the IT budget as compared to the previous year. According to the World Quality Report 2017-2018, 90% respondents in the US and 69% in Canada have seen an increase in their organization budget for QA and testing. With technological advancements, the other most noticeable trend in the region is the adoption of agile and DevOps methodologies among enterprises. According to the World Quality Report 2017-2018, the most popular agile framework adoption in the region include Scrum, SAFe, Dynamic Systems Development Method (DSDM), and hybrid models. These models ensure that organizations are focusing on speed and time-to-market, and have led to the creation of a small, integrated team that can handle tasks related to testing.
Industry News
CodeSee announced the launch of Open Source Hub (OSH).
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Ondat released into general availability version 2.8 of its Ondat platform for stateful workloads in Kubernetes.
Hewlett Packard Enterprise (HPE) unveiled platform enhancements and new cloud services for HPE GreenLake, the company’s flagship offering that enables organizations to modernize all their applications and data.
Sysdig announced Drift Control to prevent container attacks at runtime. Teams can detect, prevent, and speed incident response for containers that were modified in production, also known as container drift.
ShiftLeft announced an investment from and go-to-market partnership with Wipro Ventures.
Delinea announced the latest release of DevOps Secrets Vault.
Jit announced a $38.5 million seed funding round and launched a free beta version which automates product security.
Platform.sh raised $140 million in Series D funding.
Akana by Perforce now offers BlazeMeter to customers, previously a solution with Broadcom Layer7.
Coder announced the release of a new open source project that gives developers and data scientists a consistent, secure, yet flexible way to create cloud workspaces in minutes.
GitGuardian is announcing a series of new features to address developer experience in securing the software development lifecycle.
OctoML released a major platform expansion to accelerate the development of AI-powered applications by eliminating bottlenecks in machine learning deployment.
Snow Software announced new functionality and integrations for Snow Atlas, a purpose-built platform that provides a framework to accelerate data-driven technology decision-making.