Automation Testing Market To Hit $92.45 Billion By 2030: Grand View Research, Inc.

The global automation testing market size is expected to reach USD 92.45 billion by 2030, growing at a CAGR of 17.3% from 2023 to 2030, according to a new report by Grand View Research, Inc. The market is growing rapidly due to the increasing usage of ML and AI for advanced analytics and continuous testing across DevOps and DevSecOps areas. The services segment dominated the market and accounted for over 56% of the global revenue owing to rapid advancements in implementation services. The BFSI segment is estimated to have significant growth over the forecast period due to digitalization in the BFSI sector creating a significant demand for application software automation testing.