Global Test Fixture Market Research Report 2016

Press Release   •   Aug 16, 2017 05:45 EDT

Global Test Fixture Market Research Report 2016

After Report provides development policies and plans are discussed as well as manufacturing processes and cost structures. This report also states import/export, supply and consumption figures as well as cost, price, revenue and gross margin by regions (United States, EU, China and Japan), and other regions can be added.

Then, the Test Fixture report focuses on world major leading industry players with information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. Upstream raw materials, equipment and downstream consumers analysis is also carried out. What’s more, the industry development trends and marketing channels are analyzed.

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Test automation involves the utilization of special software for performing various processes in software testing. In test automation, the actual outcome is compared with the expected outcome in order to attain the desired degree of accuracy in the complete software testing process.

Increasing Software Testing Expenditure for IT Systems Benefits Market

Currently, the global test automation market is experiencing healthy growth as organizations are stressing upon elevating IT expenditures for software testing and quality assurance (QA). Organizations have recognized the importance of the newest software testing and QA applications to reap the benefits of digitalization of systems. The ever-increasing use of mobile data in the field of multimedia, travel, telecommunications, and production lines is also the reason why the test automation market is gaining traction. Additionally, the growing use of cloud-based applications that are being deployed to decrease the effective time-to-market is supporting growth of this market.

However, the high operational costs of test automation systems, which require heavy infrastructural investments and an excessively large timeframe to set up the requisite test labs, are hindering the growth of this market. Moreover, the inadequate number of specially trained testers that have the desired skills for executing test automation is restricting the market’s growth.

The global test automation market stood at US$12.9 bn in 2015 and is expected to reach a valuation of US$85.8 bn in 2024. This translates into a phenomenal CAGR of 23.6% for the 2016-2024 period.

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