The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

The artificial intelligence (AI)-enabled testing market is witnessing remarkable growth. The market size is projected to expand from $0.58 billion in 2023 to $0.70 billion in 2024, reflecting a compound annual growth rate (CAGR) of 21.7%. By 2028, it is expected to reach $1.56 billion at a CAGR of 21.1%.

Historic Growth Drivers

• Accelerated Software Development: The need for faster software development cycles has driven the adoption of AI-enabled testing.
• Complexity of Software Systems: Increasingly complex software systems necessitate sophisticated testing methods.
• Agile and DevOps Methodologies: The shift towards agile and DevOps practices requires enhanced test coverage and accuracy.
• Cost Reduction: AI-enabled testing helps in reducing the overall cost of testing processes.

Future Growth Prospects

• AI-Powered Test Analytics Platforms: Emergence of platforms providing deep insights from testing data.
• Integration with Test Management Tools: Enhanced integration of AI with existing test management systems.
• Continuous Testing Pipelines: Expansion of AI capabilities in continuous testing environments.
• AI-Driven Security Testing Solutions: Growing demand for AI in security testing to safeguard software applications.
• IoT and Embedded Systems: Increasing AI-based testing in IoT and embedded systems.

View More On The Artificial Intelligence (AI) Enabled Testing Market Report 2024 – https://www.thebusinessresearchcompany.com/report/artificial-intelligence-ai-enabled-testing-global-market-report

Major Trends

• AI-Driven Test Generation and Execution: Adoption of AI for generating and executing test cases.
• Autonomous Testing Agents: Rise of AI-based autonomous testing agents.
• Predictive Testing Models: Growth of AI-enabled predictive models to foresee potential issues.
• Blockchain Testing Frameworks: Integration of AI with blockchain testing.
• Edge Computing Environments: Expansion of AI-driven testing to edge computing.

Cloud Computing Drives Growth

The rise of cloud computing is a significant driver for the AI-enabled testing market. Cloud computing offers scalable, cost-effective, and accessible solutions, enabling businesses to streamline operations and leverage advanced technologies without extensive infrastructure investments.

• Scalability and Cost-Effectiveness: Cloud services provide scalable resources, reducing costs.
• Accessibility: Cloud solutions enhance accessibility and operational flexibility.
• Actionable Insights: AI-powered testing on cloud platforms generates actionable insights, improving software quality and readiness.

Adoption Rates

• Increased Cloud Adoption: In 2022, the adoption rate of cloud computing services among medium-sized enterprises rose to 59% from 53% in 2021.

Key Players in the Market

Major companies operating in the AI-enabled testing market include:

• Amazon.com Inc.
• Google LLC
• Microsoft Corporation
• Dell Technologies Inc.
• Siemens AG
• IBM
• Cisco Systems Inc.
• Oracle Corporation
• Broadcom Inc.
• SAP SE
• Hewlett Packard Enterprise Company
• Salesforce.com Inc.
• Adobe Inc.

Advanced AI-Enabled Testing Tools

Companies are developing advanced AI-enabled testing tools to gain a competitive edge. These tools help in identifying and mitigating security vulnerabilities, protecting sensitive data, and ensuring software security.

• Application Security Testing Solutions: Organizations are focusing on proactive security measures.
• Predictive Risk Scoring: For instance, Invicti launched an AI-enabled Predictive Risk Scoring capability in April 2024, assigning risk levels to applications before scanning.

Notable Acquisitions

In February 2022, Tricentis GmbH acquired Testim Inc. to enhance its software test automation capabilities. This acquisition aims to simplify test automation and enable quick and easy creation of end-to-end tests.

Market Segmentation

The AI-enabled testing market is segmented by:

• Component: Software, Service
• Deployment: On-Premises, Cloud
• Technology: Machine Learning and Pattern Recognition, Natural Language Processing (NLP), Computer Vision and Image Processing
• Application: Test Automation, Infrastructure Optimization, Other Applications
• End User Industry: Healthcare, IT and Telecommunication, Energy and Utilities, BFSI, Government, Other Industries

Regional Insights

• North America: The largest region in the AI-enabled testing market in 2023.
• Asia Pacific: Expected to be the fastest-growing region during the forecast period.

In conclusion, the AI-enabled testing market is on a robust growth trajectory, driven by advancements in AI technologies, increasing complexity of software systems, and the rising adoption of cloud computing.

Request A Sample Of The Global Artificial Intelligence (AI) Enabled Testing Market Report 2024:

https://www.thebusinessresearchcompany.com/sample_request?id=15121&type=smp

The Artificial Intelligence (AI) Enabled Testing Global Market Report 2024  provides comprehensive insights on the artificial intelligence (AI) enabled testing market size, trends and drivers, opportunities, strategies, and competitor analysis. The countries covered in the artificial intelligence (AI) enabled testing market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

View More Related Reports –

Artificial Intelligence-Enabled Last Mile Delivery Global Market Report 2024

Artificial Intelligence (AI) Enabled E-Commerce Solutions Global Market Report 2024

Artificial Intelligence Software Platform Global Market Report 2024

Learn More About The Business Research Company
The Business Research Company has published over 6500+ detailed industry reports, spanning over 3000+ market segments and 60 geographies. The reports draw on 1,500,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders.

Contact us at:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Americas +1 3156230293
Asia +44 2071930708
Europe +44 2071930708
Email us at info@tbrc.info

Follow us on:

LinkedIn: https://in.linkedin.com/company/the-business-research-company
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Found this article helpful? Share it on: