Global Ai Enabled Testing Market Size & Outlook, 2023-2030
Global ai enabled testing market, 2017-2030 (US$M)
Related Markets
Global ai enabled testing market highlights
- The global ai enabled testing market generated a revenue of USD 498.4 million in 2023 and is expected to reach USD 1,627.2 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 18.4% by 2030.
- In terms of segment, solution accounted for a revenue of USD 384.0 million in 2023.
- Services is the most lucrative component segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 498.4 million |
| Market revenue in 2030 | USD 1,627.2 million |
| Growth rate | 18.4% (CAGR from 2023 to 2030) |
| Largest segment | Solution |
| Fastest growing segment | Services |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Solution, Services |
Other key industry trends
- In terms of revenue, the North America accounted for 39.2% of the global ai enabled testing market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, U.S. is the fastest growing regional market and is projected to reach USD 398.3 million by 2030.
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AI Enabled Testing Market Scope
AI Enabled Testing Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global ai enabled testing market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to ai enabled testing market will help companies and investors design strategic landscapes.
Solution was the largest segment with a revenue share of 77.05% in 2023. Horizon Databook has segmented the Global ai enabled testing market based on solution, services covering the revenue growth of each sub-segment from 2017 to 2030.
AI-enabled testing is applying artificial intelligence (AI) techniques in software testing. It involves using AI algorithms, machine learning (ML) models, and other AI techniques to improve the efficiency, effectiveness, and accuracy of software testing processes. The emerging use of ML in testing for making automated tests more resilient and less brittle is propelling market growth.
Machine learning (ML) makes the current automated tests more resilient and brittle. Moreover, ML models learn from existing test data to identify patterns and behaviors that indicate correct or incorrect software behavior. These models are then used as oracles to validate the correctness of new test runs augmenting the market growth.
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Our clientele includes a mix of ai enabled testing market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global ai enabled testing market , including forecasts for subscribers. This global databook contains high-level insights into Global ai enabled testing market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Global ai enabled testing market size, by regions, 2017-2030 (US$M)
Top 10 countries: Ai enabled testing market size, 2023 (US$M)
Global ai enabled testing market share, by component, 2023 & 2030 (%, US$M)
Ai enabled testing market: Opportunity assessment by country
Global ai enabled testing market, by region, 2023 (US$M)
Related regional statistics
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