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Worldwide Automation Testing Industry to 2026 – IT & Telecommunication Market is Expected to Hold Significant Share

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Dublin, July 23, 2021 (GLOBE NEWSWIRE) — The “Automation Testing Market – Growth, Trends, COVID-19 Impact, and Forecasts (2021 – 2026)” report has been added to ResearchAndMarkets.com’s offering.

The automation testing market is expected to grow at 14.2% CAGR during the forecast period from 2021 to 2026. The automation testing market is driven by growth in the demand for automation of the testing process and solutions to seamless customer experience and rising usage of AI-enabled cutting-edge technologies for software testing environments. However, factors like increasing complexity for implementing the transition from manual to automated testing is likely to impede the growth of the market in the coming years. The shift for automation testing has been majorly driven by Artificial Intelligence (AI) and Machine Learning (ML). AI has been gaining importance in testing as it reduces the test lifecycle. It is being used in all aspects of testing, including automation testing, functional testing, regression testing, and performance testing.

With the continuous movement of software development to DevOps and other high-paced developments, there is a more frequent requirement to specify test environments to ensure that systems work efficiently. At the current testing scenario, yet the ability of organizations to model and manage testing capacity accurately is immature. The performance testers are theoretically well-placed to help out in this situation. Still, they are naturally cautious about the modeling capacity since testing functions can take high annual costs due to additional capacity usage. In the past few years, the software testing world has witnessed significant changes, where Test Automation has evolved to facilitate rapid software releases at the highest quality. Automation has always been an eyecatching trend, as it lessens the standard testing efforts and accelerates the testing process.

To achieve the goal of autonomous testing. AI has to become an integral part of software testing tools. Each test cycle generates tons of data, which can be used for identifying and resolving test failures. After each test run, the data can be fed back to the AI algorithms. With such increasing advantages of integrating AI in testing, the demand for technology has been increasing. For instance, in April 2020, Applitools, a provider of visual AI-powered test automation, announced an industry report stating the impact of visual AI on the performance of open-source test frameworks like Selenium, WebdriverIO, and Cypress. The result showed that the effects of visual AI on automation testing show a 4.6 times increase in test stability, 5.9 times better test code efficiency, and 5.8 times faster authoring.

With the increased usage of AI in the development of test tools, the tools can self-heal at runtime. Self-healing automation testing anticipated to be one of the biggest automation testing trends over the forecast period. Owing to these, the market is witnessing new launches. For instance, in June 2020, Qualitest announced the launch of Qualisense, a new AI-powered software testing and QA toolkit. Qualisense is the next iteration of the company’s Qualisense Test Predictor service and will be a standalone product. The new solution is anticipated to leverage machine learning to optimize testing and quality delivery, reduce the need for specific tests, help quality engineers be more efficient, remove bottlenecks, and enhance risk-based testing protocols. According to Qualitest, companies using Qualisense have seen a more than six times increase in release velocity.

At the time of the COVID-19 pandemic situation, the significantly significant vendors operating in the market are focusing on automating IT operations to recover from the crisis. Firms will invest more in cognitive capabilities and artificial intelligence and robotic process automation (RPA) as businesses recover post-COVID-19. The pandemic has made automation coupled with testing a boardroom imperative as companies expand business continuity plans and take new risks. For instance, in May 2020, IBM Corporation had announced a broad range of new AI-powered services designed to help enterprises automate their infrastructures to be more resilient to upcoming disruptions and reduce the total cost of ownership.

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Key Market Trends

IT & Telecommunication Industry is Expected to Hold Significant Share

  • With the help of automated testing, IT & telecom organizations can gain quick feedback on the mainframe, and supercharge innovation without having the risk of bottlenecks that disrupt operations, hinder customer experiences or impact enterprise’s revenues. The enterprises can improve quality, velocity, and efficiency on the mainframe while lowering the problems of the shortage of experienced developers.
  • In December 2019, a global survey conducted by a US software firm, Compuware, revealed that most enterprises think manual testing is one of the major hindrances to a business’s success. More than 90% of respondents believe automation testing to be the single most crucial factor in accelerating innovation. However, the survey also found that just 7% of enterprises automate tests on the mainframe, indicating the considerable market opportunity for automation testing.
  • Moreover, most of the mainframe IT players have the requirement to automate more test cases, as they worry, they will not meet the enterprise’s demand for speed and innovation. Most enterprises focus on the adoption of automation testing, owing to the fears that the customer experiences will suffer due to manual testing practices. In May 2019, Evon Technologies observed the difference between test execution efforts of manual & automation testing. The result has found that, for a test case set of 1,000 Full Regression, manual testing takes 160 hours, and automation testing takes only 16 hours. These results have defined the efficiency of executing automation testing at IT-related software developments.
  • For the past two years, telecom companies have been onboarding network service providers to ensure the robust delivery of services. For instance, in March 2020, Ericsson was chosen by NTT DOCOMO as the AI-powered optimization solution supplier for its radio access network (RAN). Ericsson’s solution maximizes end-user experience in service provider’s networks while minimizing their total cost of ownership. The increasing adoption of such AI-enabled solutions for the development of the systems and networks boosts the growth of automation testing solutions in the telecom sector.
  • In November 2019, Wipro Limited announced it would work within the Telecom Infra Project (TIP) to drive 5G adoption in the global communications service provider and enterprise markets. Wipro’s engineering competencies cover the entire 5G value chain, from the creation of new 5G chips, software engineering for NFV & SDN, OSS& BSS automation, and comprehensive testing and validation services. In December 2019, Pcysys announced that IP Telecom, a leading telecommunications operator and cloud computing service provider in Portugal, has chosen its Automated Penetration Testing platform, PenTera, to assess and improve the IT cyber resilience of their network, as well as for their customers.

North America is Expected to Hold Significant Share

  • North America is anticipated to hold a significant share in the automated testing market. The primary factor driving the market in the region is the wide-spread presence of the technology providers. In June 2020, Keysight Technologies Inc acquired Eggplant, a software test automation platform provider that uses artificial intelligence (AI) and analytics to automate test creation and test execution. Keysight and Eggplant combine two complementary companies to create an innovative force in the automated software test market across the physical and protocol layers and into the application layers. The acquisition is anticipated to enable bi-directional leverage of measurement technologies between both companies, resulting in increased solution differentiation in the expanded offering.
  • Such developments have been ongoing in the region. In August 2019, Tricentis, which has a significant presence in the United States, acquired TestProject, a community-powered automation testing platform designed for Agile teams. As part of the commitment to TestProject, Tricentis plans to invest in R & D to develop advanced products, extend the community, and help software testers enable the best Android and iOS test automation practices.
  • With the increasing demand for automated testing in the region, a few players have been introducing new solutions. For instance, in February 2020, Parasoft, at Embedded World, announced the latest Parasoft C/C++ test, a unified C and C++ development testing solution for real-time safety security-critical embedded applications and enterprise IT. According to Parasoft, the new release is estimated to quickly increase the productivity of automated software testing, allowing teams to quickly achieve industry compliance standards.
  • The players in the region are also promoting the automation testing upskill programs by offering online courses and other test engineers’ practices. For instance, in December 2019, Applitools, one of the significant functional and visual testing providers backed by visual AI, announced that Test Automation University had crossed the 35,000-student mark. Test Automation University’s instructors have designed a curriculum of 33 courses and 12 unique Learning Pathways to upskill automation testing engineers.
  • The healthcare industry in the region is also contributing to growth by adopting automation testing services. For instance, in March 2020, CTG launched automated testing solutions in North America. The company initially focused on serving the healthcare industry. The comprehensive suite of testing solutions provides expertise in testing healthcare applications and user customizations to reduce errors and defects that can put patient safety at risk and adversely impact a client’s financial performance.

Key Topics Covered:

1 INTRODUCTION

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

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4 MARKET INSIGHTS
4.1 Market Overview
4.2 Industry Attractiveness – Porter’s Five Forces Analysis
4.3 Industry Value Chain Analysis

5 MARKET DYNAMICS
5.1 Market Drivers
5.1.1 Increasing Demand of Automation Testing Solutions to Provide Seamless Customer Experience
5.2 Market Challenges
5.2.1 Rising Complexities to Implement Transition from Manual to Automation Testing Process

6 IMPACT OF COVID-19 ON THE AUTOMATION TESTING MARKET

7 MARKET SEGMENTATION
7.1 Component Type
7.2 End-user Industry
7.3 Geography

8 COMPETITIVE LANDSCAPE
8.1 Company Profiles
8.1.1 IBM Corporation
8.1.2 Micro Focus International plc
8.1.3 Capgemini SE
8.1.4 Tricentis USA Corp
8.1.5 SmartBear Software Inc.
8.1.6 Parasoft Corporation
8.1.7 Cigniti Technologies Limited
8.1.8 Keysight Technologies Inc
8.1.9 Invensis Technologies Pvt Ltd
8.1.10 Sauce Labs Inc.

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9 INVESTMENT ANALYSIS

10 FUTURE OF THE MARKET

For more information about this report visit https://www.researchandmarkets.com/r/ixmx8f


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Artificial Intelligence

Metz, in Partnership with AI TECH, Introduces Advanced Interactive Flat Panel to Middle East Market

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SHENZHEN, China, June 17, 2024 /PRNewswire/ — METZ Display, a sub-brand of SKYWORTH and a provider of innovative interactive displays for education and business. The announcement of Artificial Intelligence Technologies LLC Dubai as the authorized exclusive distributor for the UAE market as well as the Oman, Qatar, and Bahrain markets marks a significant expansion for METZ Display. By partnering with a trusted distributor like Artificial Intelligence Technologies, METZ is strategically positioning itself to deliver its full range of smart education and smart conference room applications across these regions. This move not only strengthens METZ’s presence in the Middle East but also underscores its commitment to providing innovative interactive displays tailored for both educational and business environments.

Based on the 16 years of R&D and business experience in the IFPD market from SKYWORTH, METZ Display fully inherited its technology and has introduced several interactive displays in the education and business sectors that provide a highly immersive environment and user-friendly experience since 2022, such as the all-in-one LCD.
Mr. Summer Deng METZ  Sales & Marketing Head of MEA, said: ” The IFPD market in MEA is expected to see rapid growth over the next couple of years. The partnership with Artificial Intelligence Technologies LLC, a business entity to promote AI & AV Products, Tools, and services in the United Arab Emirates & Middle East Region will take METZ Display to another new level. We are confident to further develop our quality products and service!”
METZ Display is expanding its reach into the UAE market through Artificial Intelligence Technologies LLC Dubai as its authorized distributor.
The introduction of the METZ K Pro Series, particularly the EDLA Certified collaborative display, in the MEA Region highlights their commitment to providing innovative interactive display solutions for both education and business sectors. This move could potentially enhance learning and collaboration experiences in the region.
Mr. Harold Fernandes, the Managing Director of Artificial Intelligence Technologies, seems quite enthusiastic about the partnership with METZ Display. His emphasis on the versatility of METZ’s portfolio, applicable across various sectors such as education and business, reflects a keen understanding of the market’s needs. By highlighting the engaging experiences offered by METZ Display products, he’s underlining the potential benefits for resellers and end-users alike. This partnership seems poised to bring innovative solutions to the UAE market.
About METZ Display
With Skyworth, one of the world’s largest TV companies, and Metz, one of the oldest German manufacturers, METZ Display creates high-quality educational and business applications that make state-of-the-art screen technology available to everyone by combining their strengths and 80 years of experience.
About Artificial Intelligence Technologies LLC
Artificial Intelligence Technologies LLC, Is established as a business entity to promote AI & AV Products, and complete AV Solution, Tools & Services in the United Arab Emirates & Middle East Region. Visit the website at https://ai-tech.ai/ 
Phone: +971 4299 0544Email: [email protected]: www.ai-tech.ai
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Complyport’s new AI tool – ViCA.Chat – set to revolutionise compliance support services

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LONDON, June 14, 2024 /PRNewswire/ — ViCA.Chat, the Virtual Compliance Assistant powered by AI technology, is set to transform regulatory compliance consulting. Developed by ComplyMAP Group’s AI engineers and Complyport’s compliance consulting teams, ViCA redefines compliance support services and propels governance, risk and compliance consulting into a new era of innovation. 

Offering real-time assistance across a vast array of UK and EU regulatory frameworks, ViCA delivers unparalleled efficiency, detail and precision in disentangling and dealing with complicated regulatory frameworks.
The key differentiator of ViCA is its specialised and purposely constructed unique databases that leverage Complyport’s 22 years of regulatory expertise, combined with tailored AI training tools, enabling ViCA to operate as an experienced compliance consultant. A dedicated human support team continuously improves and updates ViCA’s knowledge and responses through a feedback loop process and quality assurance sessions. This powerful symbiosis of AI and human expertise sets ViCA apart and ensures businesses have the latest regulatory information instantaneously and seamlessly.
As a result, ViCA’s specialised regulatory database goes beyond readily available online resources which feature into traditional AI tools. ViCA offers exclusive insights, proprietary regulatory interpretations, historical data, bespoke and purposely structured compliance documentation and templates. With advanced scraping capabilities, ViCA also extracts relevant data from selected websites and publicly available information, ensuring an up-to-date and comprehensive understanding of compliance requirements across industries.
From agile fintech startups to established law firms, financial institutions, regulatory bodies, insurance providers, as well as compliance consultants, ViCA seamlessly adapts to unique compliance needs. Its user-friendly interface ensures navigating and analysing regulatory data is swift and intuitive, streamlining the compliance workflow.
“ViCA is a game-changer in how regulatory compliance advice will be provided in the future”, commented Luis Parra, Managing Director of ViCA. “With ViCA, compliance insights become available to all. No longer are regulated firms and responsible people overly dependent on advisors and compliance consultants. Through ViCA, the financial system will not only meet but exceed regulatory standards. Moreover, the level of information made available to the public will benefit society as a whole, in its interactions with the financial services sector.”
Among ViCA’s revolutionary features is its cost-effective model, allowing businesses to significantly reduce reliance on traditional spending with external consultants and advisors.
Visit ViCA.Chat to experience the future of compliance support.
Contact:
Name: Luis ParraTitle: Managing DirectorCompany: Vica.ChatTelephone: +44 20 7399 4980 Email: [email protected]
About ViCA.Chat:
ViCA.Chat is a revolutionary Virtual Compliance Assistant powered by cutting-edge AI technology, designed to demystify the complexities of regulatory compliance. Utilising Complyport’s 22 years of regulatory expertise, ViCA offers real-time assistance and guidance across a wide range of regulatory frameworks, setting a new standard for efficiency and precision in compliance support. From fintech start-ups to established law firms, financial services institutions, regulators, regulatory firms, compliance consultants and insurance firms, ViCA caters to the diverse needs of professionals across all levels in the broader UK financial services sector.
Visit ViCA.Chat to learn more.
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LoRa and LoRaWAN IoT Market worth $32.7 billion by 2029- Exclusive Report by MarketsandMarkets™

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CHICAGO, June 14, 2024 /PRNewswire/ — The LoRa and LoRaWAN IoT Market is expected to reach USD 32.7 billion by 2029 from USD 8.0 billion in 2024, at a Compound Annual Growth Rate (CAGR) of 32.4 % during 2024–2029, according to a new report by MarketsandMarkets™.

Browse in-depth TOC on “LoRa and LoRaWAN IoT Market”
320 – Tables 58 – Figures294 – Pages
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Scope of the Report
Report Metrics
Details
Market size available for years
2018-2029
Base year considered
2023
Forecast period
2024–2029
Forecast units
Value (USD Billion)
Segments Covered
Offering, Network Deployment, Application, End User, and Region
Region covered
North America, Europe, Asia Pacific, Middle East & Africa, and Latin America.
List of Companies in LoRa and LoRaWAN IoT
The Bosch Group (Germany),  Cisco (US), Orange SA (France), Comcast Corporation (US), Semtech (US), NEC Corporation(Japan), Tata Communications (India), AWS (US), Advantech (Taiwan), SK Telecom (South Korea), Murata (Japan), Kerlink (France), Actility (France), Digi International (US), MultiTech (US), Ezurio (US), Sensoterra (Netherlands), Nwave Technologies (US), RAKwireless (China), TheThings.io (Spain), Datacake (Germany), Milesight (China), LORIOT (Switzerland), Exosite (US), Orbiwise (Switzerland), Netmore Group (Sweden), and Radio Bridge Inc (US).
The LoRaWAN ecosystem influences development of tools, software libraries, and cloud-based platforms that streamline the creation, deployment, and management of IoT solutions. Continuously evolving, this ecosystem boasts a burgeoning array of vendors providing LoRa-compliant devices, gateways, and network management solutions. This vibrant competition within the ecosystem propels innovation while driving down costs for end-users. Moreover, the development of interoperable solutions fosters seamless integration and deployment of LoRaWAN networks, simplifying the implementation process for businesses and organizations. As the ecosystem continues to expand and mature, it empowers developers, system integrators, and IoT enthusiasts to unleash their creativity, accelerate time-to-market, and unlock the full potential of LoRaWAN technology in diverse applications and industries.
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Based on network deployment, the public network segment to hold the largest market size during the forecast period.
The robust security features integrated into public LoRaWAN networks play a significant role in driving the growth and adoption of LoRaWAN technology in the market. End-to-end encryption ensures that data transmitted between devices and gateways is protected from unauthorized access or interception, safeguarding sensitive information such as sensor readings, location data, and command messages. Message integrity checks verify the integrity of data packets, detecting any tampering or alteration during transmission and ensuring data authenticity and reliability. Additionally, mutual authentication mechanisms establish trust between devices and gateways, verifying the identity of both parties before allowing communication to occur. These security measures provide organizations and end-users with confidence in the integrity and confidentiality of their data, mitigating concerns related to data privacy, cybersecurity threats, and regulatory compliance. As a result, implementing robust security features in public LoRaWAN networks enhances trust and credibility in the technology, driving increased adoption and market growth as organizations seek reliable and secure connectivity solutions for their IoT deployments.
By offering, the services segment is expected to hold a higher growth rate during the forecast period.
IoT service providers are pivotal in driving adoption by developing vertical-specific solutions finely tuned to the distinct needs of industries like agriculture, healthcare, logistics, and smart cities. In agriculture, for instance, IoT services offer solutions for precision farming, crop monitoring, and livestock management, enabling farmers to optimize irrigation, monitor soil health, and enhance yields. Similarly, IoT services facilitate remote patient monitoring, asset tracking, and inventory management in healthcare, improving patient care, reducing costs, and ensuring compliance with regulatory standards such as HIPAA. In logistics, IoT services provide real-time tracking of shipments, fleet management, and predictive maintenance, enhancing supply chain visibility, efficiency, and reliability. For smart cities, IoT services offer solutions for traffic management, waste management, energy optimization, and public safety, transforming urban infrastructure and enhancing the quality of life for residents. By addressing industry-specific challenges, compliance requirements, and use cases, vertical-specific IoT solutions deliver tangible business value, driving adoption and fueling the growth of the IoT services market across diverse sectors.
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Asia Pacific is expected to hold a higher growth rate during the forecast period.
In the Asia Pacific region, where agriculture serves as a cornerstone of many economies, adopting IoT technologies, particularly LoRa and LoRaWAN, is revolutionizing traditional farming practices. LoRaWAN’s long-range connectivity and low-power consumption make it well-suited for deployment in rural agricultural settings, where access to reliable connectivity may be limited. Through LoRa-based IoT solutions, farmers can implement precision agriculture techniques to address pressing challenges such as water scarcity, soil degradation, and unpredictable weather patterns. LoRa-enabled sensors facilitate real-time monitoring of soil moisture levels, temperature, and humidity, allowing farmers to optimize irrigation schedules and conserve water resources. Remote sensing technologies powered by LoRaWAN enable farmers to gather actionable insights on crop health, pest infestations, and nutrient deficiencies, facilitating timely interventions and improving overall crop management practices. Furthermore, LoRa-based crop analytics platforms provide farmers with data-driven decision support tools, helping them optimize planting strategies, improve yield forecasting, and mitigate the impact of climate change on agricultural productivity. By harnessing the power of LoRa and LoRaWAN IoT solutions, farmers in the Asia Pacific region can increase yields, conserve resources, and enhance resilience to environmental challenges, driving the adoption and growth of the LoRaWAN IoT market in the agricultural sector.
Top Key Companies in LoRa and LoRaWAN IoT Market:
The major vendors covered in the LoRa and LoRaWAN IoT Market are The Bosch Group (Germany),  Cisco (US), Orange SA (France), Comcast Corporation (US), Semtech (US), NEC Corporation(Japan), Tata Communications (India), AWS (US), Advantech (Taiwan), SK Telecom (South Korea), Murata (Japan), Kerlink (France), Actility (France), Digi International (US), MultiTech (US), Ezurio (US), Sensoterra (Netherlands), Nwave Technologies (US), RAKwireless (China), TheThings.io (Spain), Datacake (Germany), Milesight (China), LORIOT (Switzerland), Exosite (US), Orbiwise (Switzerland), Netmore Group (Sweden), and Radio Bridge Inc (US). These players have adopted various growth strategies, such as partnerships, agreements and collaborations, new product launches, enhancements, and acquisitions to expand their footprint in the LoRa and LoRaWAN IoT Market.
Browse Adjacent Markets: Digitalization and Internet of Things (IoT) Market Research Reports & Consulting
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