Europe Automation Testing Market to Cross USD 6.5 Bn by 2026

1. Europe Automation Testing Market to grow at 12.5% CAGR from 2020 to 2026: Graphical Research ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

2. Europe Automation Testing Market outlook indicates a favorable environment for growth, driven by the digital acceleration across the region. Owing to the multifaceted advantages offered by test automation, an array of end-users ranging from retail, BFSI, IT & telecom, automotive, manufacturing, transportation and logistics, to medical devices are adopting the solutions. By 2026, Europe automation testing market size is projected to cross $6.5 billion, since machine learning (ML) and artificial intelligence (AI) have taken over the software industry. Manual testing of workflows, processes, and negative scenarios can impose pressure on time, labor, and costs. Automation testing companies in Europe are developing new software solutions to serve the diverse needs of multiple sectors. Eurofins Digital Testing, Micro Focus, Tricentis, Capgemini, Frologic, and Ranorex are some leading automation testing software vendors in the region. Mergers, acquisitions, contracts, and partnerships are initiated by these companies to sustain in a highly competitive landscape. For instance, recently, in Automated testing tools for web applications are picking up pace owing to the growing dependence on transaction processes, online processing, and customer interaction. With testing software and tools, it is possible to significantly reduce time and costs associated with the process. The web-based interface segment accounted for nearly 15% of the automation testing market share in Europe and is expected to expand at an 8% CAGR between 2020 and 2026. Several market participants are foraying into this area by launching new automated testing tools for web applications. For instance, in July 2020, Tricentis entered a partnership with SAP to introduce a web-based SAP testing solution that includes ECC to HANA software. ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

3. Get sample copy of this research report @ https://bit.ly/3BHcSEC U.K. automation testing industry size was estimated at $600 million during 2019 and is slated to thrive at a 12% CAGR through the next five years. The growing public and private sector investments, coupled with government initiatives, are responsible for the trend. To cite an example, the government of U.K. announced ten innovation fellowships for accelerating the digital transformation throughout the nation. Apart from this, in 2019, Government Digital Services and the Infrastructure Project Authority (IPA) together introduced a new digital transformation project for solving customer issues faster. Through 2026, the services segment is likely to grow at nearly 14% in Europe automation testing market. The services segment is further bifurcated into support & maintenance, consulting, advisory, planning & development, documentation & training, implementation, and managed services. The managed services segment is likely to spiral upward in terms of revenue generation. Europe automation testing market forecast is expected to soar due to the growing emphasis toward end-to-end quality assurance amongst clients. QA software is required for release program management, QA resources, and high-quality delivery within the set deadlines. Even though the COVID-19 pandemic certainly had a negative impact on Europe automation testing market outlook last year, 2021 is making considerable headway toward the projected figures. The healthcare sector has particularly capitalized on the benefits of automated testing tools, driven by the commitment toward digitizing medical sector. For example, in August 2020, the Health Ministry of Spain in collaboration with AENA, approached Atos for delivering Spain Travel Health, a software for detecting COVID-19 amongst arriving or departing passengers across the country. Request for customization @ https://bit.ly/3JzmuTL ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

4. Segmentation of Europe Automation Testing Market: • Europe Market, By Component • Testing type • Functional • Non-functional • Services • Advisory • Consulting • Planning & development • Support & maintenance • Documentation & training • Implementation • Managed • Europe Market, By End-Point Interface • Mobile • Web • Desktop • Cloud • Embedded software ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

5. Europe Market, By Application • IT & telecom • BFSI • Manufacturing • Retail • Healthcare • Transportation & logistic • Government & public sector • Smart consumer device • Automotive • Medical devices • Others • The above information has been provided for the following countries: • Europe • UK • Germany • France • Italy • Spain • Russia ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

6. About Graphical Research: Graphical Research is a business research firm that provides industry insights, market forecast and strategic inputs through granular research reports and advisory services. We publish targeted research reports with an aim to address varied customer needs, from market penetration and entry strategies to portfolio management and strategic outlook. We understand that business requirements are unique: our syndicate reports are designed to ensure relevance for industry participants across the value chain. We also provide custom reports that are tailored to the exact needs of the customer, with dedicated analyst support across the purchase lifecycle. Contact Us: Parikhit B. Corporate sales, Graphical Research Email:sales@graphicalresearch.comWeb: https://www.graphicalresearch.com ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

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