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North America AI-enabled Testing Market Size, Share & Industry Trends Analysis Report By Component (Solution, and Services), By Technology, By Application, By Deployment (On-premises, and Cloud), By End-Use, By Country and Growth Forecast, 2023 - 2030

Publisher Knowledge Based Value (KBV) Research
Published Jul 31, 2023
Length 128 Pages
SKU # KBV18138289

Description

North America AI-enabled Testing Market Size, Share & Industry Trends Analysis Report By Component (Solution, and Services), By Technology, By Application, By Deployment (On-premises, and Cloud), By End-Use, By Country and Growth Forecast, 2023 - 2030


The North America AI-enabled Testing Market would witness market growth of 17.1% CAGR during the forecast period (2023-2030).

Due to the decreased burden of functioning despite flaws, the usage of AI-enabled testing solutions is increasing dramatically. Currently, testing requires help from delivery acceleration to speed up, and businesses can get there by using artificial intelligence to enhance quality control. The procedure by which quality assurance (QA) is carried out in businesses needs to alter.

In order to maintain quality assurance services, there are primarily two motivating factors: the testing process' agility (i.e., ongoing quality assurance) and the shorter time to market. Traditional test automation is insufficient for QA testers to keep up with the agile pace of development, making test automation with AI inevitable. Since they provide precise data points, end users are increasing their demand for these solutions.

Testing solutions that are empowered with AI focus on monitoring, upgrading, and testing applications while they are in a production environment. To assess the efficacy of software solutions, small & medium-sized enterprises (SMEs) typically use AI testing services. These services for SMEs come with several benefits, including decreased costs, increased effectiveness, and enhanced user experience. SMEs are now using AI-based automation alternatives, like bots, to assist their business activities during the stage of execution rather than beginning from scratch every time. In recent years, the demand for assisting technology like AI-enabled testing has increased significantly owing to the growing number of SMEs.

The market in the North America region is anticipated to have tremendous growth in the upcoming years due to the presence of technology suppliers. The United States market is driven by expanding urbanization, shifting consumer lifestyles, increased disposable income, and cutting-edge technology. Digital technology has the potential to increase people's access to healthcare. According to the 2021 National Survey of Canadian Physicians, 89% of patients believe receiving care over the phone, 60% believe receiving care over video, and 69% believe receiving care over encrypted messaging is simple. This has resulted in a drastic increase in telemedicine, requiring numerous software and application tools. Thus, these factors are propelling the growth of the regional market.

The US market dominated the North America AI-enabled Testing Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $390.3 million by 2030. The Canada market is experiencing a CAGR of 19.8% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 18.7% during (2023 - 2030).

Based on Component, the market is segmented into Solution, and Services. Based on Technology, the market is segmented into Machine Learning & Pattern Recognition, Natural Language Processing (NLP), and Computer Vision & Image Processing. Based on Application, the market is segmented into Test Automation, Infrastructure Optimization, and Others. Based on Deployment, the market is segmented into On-premises, and Cloud. Based on End-Use, the market is segmented into IT & Telecommunication, Healthcare, Energy & Utilities, BFSI, Government, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Sauce Labs Inc., Retest (UBS Hainer GmbH), Functionize, Inc, Diffblue Ltd., Applitools (Thoma Bravo), Capgemini SE, TestRigor, Micro Focus International PLC (Open Text Corporation), Tricentis and IBM Corporation

Scope of the Study

Market Segments covered in the Report:

By Component
  • Solution
  • Services
By Technology
  • Machine Learning & Pattern Recognition
  • Natural Language Processing (NLP)
  • Computer Vision & Image Processing
By Application
  • Test Automation
  • Infrastructure Optimization
  • Others
By Deployment
  • On-premises
  • Cloud
By End User
  • IT & Telecommunication
  • Healthcare
  • Energy & Utilities
  • BFSI
  • Government
  • Others
By Country
  • US
  • Canada
  • Mexico
  • Rest of North America
Companies Profiled
  • Sauce Labs Inc.
  • Retest (UBS Hainer GmbH)
  • Functionize, Inc
  • Diffblue Ltd.
  • Applitools (Thoma Bravo)
  • Capgemini SE
  • TestRigor
  • Micro Focus International PLC (Open Text Corporation)
  • Tricentis
  • IBM Corporation
Unique Offerings from KBV Research
  • Exhaustive coverage
  • Highest number of market tables and figures
  • Subscription based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free

Table of Contents

128 Pages
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America AI-enabled Testing Market, by Component
1.4.2 North America AI-enabled Testing Market, by Technology
1.4.3 North America AI-enabled Testing Market, by Application
1.4.4 North America AI-enabled Testing Market, by Deployment
1.4.5 North America AI-enabled Testing Market, by End Use
1.4.6 North America AI-enabled Testing Market, by Country
1.5 Methodology for the research
Chapter 2. Market At a Glance
2.1 Key Highlight
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.3 Top Winning Strategies
4.3.1 Key Leading Strategies: Percentage Distribution (2019-2023)
4.3.2 Key Strategic Move: (Partnerships, Collaborations and Agreements: 2019, Jul – 2023, Jun) Leading Players
4.4 Porter’s Five Forces Analysis
Chapter 5. North America AI-enabled Testing Market by Component
5.1 North America Solution Market by Country
5.2 North America Services Market by Country
Chapter 6. North America AI-enabled Testing Market by Technology
6.1 North America Machine Learning & Pattern Recognition Market by Country
6.2 North America Natural Language Processing (NLP) Market by Country
6.3 North America Computer Vision & Image Processing Market by Country
Chapter 7. North America AI-enabled Testing Market by Application
7.1 North America Test Automation Market by Country
7.2 North America Infrastructure Optimization Market by Country
7.3 North America Others Market by Country
Chapter 8. North America AI-enabled Testing Market by Deployment
8.1 North America On-premises Market by Country
8.2 North America Cloud Market by Country
Chapter 9. North America AI-enabled Testing Market by End-Use
9.1 North America IT & Telecommunication Market by Country
9.2 North America Healthcare Market by Country
9.3 North America Energy & Utilities Market by Country
9.4 North America BFSI Market by Country
9.5 North America Government Market by Country
9.6 North America Others Market by Country
Chapter 10. North America AI-enabled Testing Market by Country
10.1 US AI-enabled Testing Market
10.1.1 US AI-enabled Testing Market by Component
10.1.2 US AI-enabled Testing Market by Technology
10.1.3 US AI-enabled Testing Market by Application
10.1.4 US AI-enabled Testing Market by Deployment
10.1.5 US AI-enabled Testing Market by End-Use
10.2 Canada AI-enabled Testing Market
10.2.1 Canada AI-enabled Testing Market by Component
10.2.2 Canada AI-enabled Testing Market by Technology
10.2.3 Canada AI-enabled Testing Market by Application
10.2.4 Canada AI-enabled Testing Market by Deployment
10.2.5 Canada AI-enabled Testing Market by End-Use
10.3 Mexico AI-enabled Testing Market
10.3.1 Mexico AI-enabled Testing Market by Component
10.3.2 Mexico AI-enabled Testing Market by Technology
10.3.3 Mexico AI-enabled Testing Market by Application
10.3.4 Mexico AI-enabled Testing Market by Deployment
10.3.5 Mexico AI-enabled Testing Market by End-Use
10.4 Rest of North America AI-enabled Testing Market
10.4.1 Rest of North America AI-enabled Testing Market by Component
10.4.2 Rest of North America AI-enabled Testing Market by Technology
10.4.3 Rest of North America AI-enabled Testing Market by Application
10.4.4 Rest of North America AI-enabled Testing Market by Deployment
10.4.5 Rest of North America AI-enabled Testing Market by End-Use
Chapter 11. Company Profiles
11.1 Sauce Labs Inc.
11.1.1 Company Overview
11.1.2 Recent strategies and developments:
11.1.2.1 Partnerships, Collaborations, and Agreements:
11.1.2.2 Acquisition and Mergers:
11.1.3 SWOT Analysis
11.2 Retest (UBS Hainer GmbH)
11.2.1 Company Overview
11.2.2 SWOT Analysis
11.3 Functionize, Inc.
11.3.1 Company Overview
11.3.2 Recent strategies and developments:
11.3.2.1 Partnerships, Collaborations, and Agreements:
11.3.3 SWOT Analysis
11.4 Diffblue Ltd.
11.4.1 Company Overview
11.4.2 SWOT Analysis
11.5 Applitools (Thoma Bravo)
11.5.1 Company Overview
11.5.2 Recent strategies and developments:
11.5.2.1 Product Launches and Product Expansions:
11.5.2.2 Acquisition and Mergers:
11.5.3 SWOT Analysis
11.6 Capgemini SE
11.6.1 Company Overview
11.6.2 Financial Analysis
11.6.3 Regional Analysis
11.6.4 Recent strategies and developments:
11.6.4.1 Acquisition and Mergers:
11.6.4.2 Geographical Expansions:
11.6.5 SWOT Analysis
11.7 TestRigor
11.7.1 Company Overview
11.7.2 SWOT Analysis
11.8 Micro Focus International PLC (Open Text Corporation)
11.8.1 Company Overview
11.8.2 Financial Analysis
11.8.3 Regional Analysis
11.8.4 Research & Development Expenses
11.8.5 Recent strategies and developments:
11.8.5.1 Partnerships, Collaborations, and Agreements:
11.8.6 SWOT Analysis
11.9 Tricentis
11.9.1 Company Overview
11.9.2 Recent strategies and developments:
11.9.2.1 Partnerships, Collaborations, and Agreements:
11.9.2.2 Acquisition and Mergers:
11.9.3 SWOT Analysis
11.10. IBM Corporation
11.10.1 Company Overview
11.10.2 Financial Analysis
11.10.3 Segmental and Regional Analysis
11.10.4 Research & Development Expenses
11.10.5 SWOT Analysis

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