June 03, 2022
According to the recent research report titled ‘Europe Automation Testing Market Forecast 2026 By End Point Interface, By Component, By Application, Research Report, Country Outlook, COVID-19 Impact Statistics, Price Trends, Historic Data, Growth Prospects, Competitive Industry Share’ available with MarketStudyReport, Europe automation testing market is projected to reach USD 6.5 billion by 2026.
Request sample copy of this report: https://www.marketstudyreport.com/request-a-sample/4129597/
Rapid digitalization, especially with machine learning and artificial intelligence taking over the software space coupled with growing demand for automation solutions in retail, IT & telecom, BSFI, automotive, transportation manufacturing, logistics, and medical devices are prime factors contributing towards the expansion of Europe automation testing market.
Manual workflow, process, and negative scenario testing is known to put a severe strain on time, labor, and expenses. To that effect, automation testing firms in Europe are creating new software to meet the needs of a variety of industries, thus stimulating the overall industry outlook.
The Europe automation testing market is segmented into end-point interface, component type, application spectrum, and regional overview. On the basis of component type, Europe automation testing market share from the services segment is expected to register 14% CAGR through the study analysis period.
By the end-point interface, the market is segregated into web, mobile, embedded software, cloud & desktop. The web-based interface segment accounted for a 15% market share in 2020 and is expected to expand at an 8% CAGR by 2026 due to the rapid launch of new automated testing tools.
Moving forward with the application spectrum, the industry is classified into government & public sector, retail, IT & telecom, BSFI, automotive, smart consumer devices, transportation manufacturing, medical devices, and logistics.
The regional overview of the Europe automation testing devices marketplace consists of the U.K, Germany, France Italy, Spain, and Russia. The U.K. market accounted for USD 600 million in 2019 and is slated to expand at a 12% CAGR through the forecast timeframe due to growing public and private sector investments, and favorable government initiatives.
The leading players in Europe automation testing devices market space are Wipro Ltd., Tricentis, Tech Mahindra Ltd., Qualitest, NTT Data Inc., Micro Focus, Microsoft Corporation, IBM Corporation, CSC (DXC Technology Company), Cognizant, CGI Inc., Capgemini, Atos SE, Amdocs, and Accenture plc.\
Questions & Answers: Europe automation testing devices market
Question 1: What factors will drive the Europe automation testing devices market growth?
Answer: Rapid digitalization, especially with machine learning and artificial intelligence taking over the software space coupled with growing demand for automation solutions in retail, IT & telecom, BSFI, automotive, transportation manufacturing, logistics, and medical devices are prime factors contributing towards the expansion of Europe automation testing market.
Question 2: How is the U.K boosting the Europe automation testing devices market growth?
Answer: U.K. automation testing devices industry share is slated to expand at a 12% CAGR through the forecast timeframe due to growing public and private sector investments, and favorable government initiatives.
Question 3: Which leading companies will formulate the competitive landscape of Europe automation testing devices market?
Answer: The leading players in Europe automation testing devices market space are Wipro Ltd., Tricentis, Tech Mahindra Ltd., Qualitest, NTT Data Inc., Micro Focus, Microsoft Corporation, IBM Corporation, CSC (DXC Technology Company), Cognizant, CGI Inc., Capgemini, Atos SE, Amdocs, and Accenture plc