San Francisco, California, January 18, 2018: A recent report by TMR Research titled “Model based Testing Market – Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017 – 2025”, provides a detailed overview of the market on the basis of several factors.
Today, in most business sectors, the dependability on software programs has increased immensely to properly complete tasks. But, in order to build such a software, its quality and performance need to be set right from the time the program was made. This is possible mainly with the help of model-based software testing and associated processes. Thus, this demand for reliable software is a prime driver of the global model based testing market. Keeping a model based approach to design software systems is highly beneficial for several benefits pertaining to developing and designing tests, improving test automation, and easy maintenance of traceability matrix between tests and requirements.
Software testing has numerous challenges from the perspective of both manual and automated testing scenarios. In case of manual testing, testers are used as a bridging factor between the handling team and customers in order to properly represent the software capabilities. But, manual testing may sometime fall short of testing the applications in a proper manner. In contrast to this shortcomings, the model based testing processes can cover the system being tested with a broader scope and higher efficiency. Thus, higher compatibility for different software systems and efficiency are key factors behind an upsurge in the demand for model based testing solutions.
The model based testing market is poised to evolve by leaps and bounds in the near future. This growth potential of this market can be assessed by gauging the adoption of model-based testing processes, and their efficacy to serve the purpose.. In recent times, many new tools for implementing model based testing are being released. These tools are not only meant to simplify the testing processes, but also meant to improve the quality of work being performed. These tools can lead towards excellent debugging being carried out for embedded targets. For example, one of the latest software programs to be released for enabling model-based development and verification toolset is the AdaCore’s QGen 17.1. This program makes it possible to achieve complete integration with the target software, and at the same time maintain a low-level control. This software is largely used in aerospace and automotive industries, as well as in other sectors where high performance software programs are required.
The model based testing market is segmented into a few regions, namely North America, Europe, Latin America, the Middle East and Africa, and Asia Pacific. From these three regions, Asia-Pacific is expected to contribute massively to the global market. The growth of Asia Pacific market is due to massive innovation in automobile manufacturing coupled with a continuously developing information technology sector. Automobile manufacturing needs utilization of software testing as one of its main components, thus providing a push to the global model based testing market. Besides countries from the Asia-Pacific region, the North American and European regions are also anticipated to cause a positive development in the model based testing market. Such developments are expected in the wake of an established automobile work sector, as well as numerous top technology-based businesses being set-up in these regions.
The competitive landscape of the model based testing market is largely consolidated, says the report. Rather, all key players are top-notch companies who have firmly established their presence around the globe, thus leaving scope for a healthy and tough completion. Accenture, IBM, Wipro, Microsoft, Capgemini and Oracle are some of the main competitors in the global model based testing market.
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