Model based Testing Market - Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017 - 2025

Status : Ongoing | Technology & Media | PPT format

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Model based Testing Market: Overview 

Model-based testing refers to a method analysis that employs modeling to perform the analysis and record and communicate the results. It is an application of model-based design for the design and also to perform software testing. 

Models represent the desired features of a System Under Test (SUT) and also represent the testing strategies and test environment. A model that represents an SUT is a partial representation of the SUT’s desired features. 

Model based Testing Market: Key Trends 

The use of model-based development process can improve the construction of reliable software considerably. Research suggests that model-based development process can contribute substantially to increase the quality of developed product and to augment the efficiency of the development process. 

Model-based approach renews the complete process of functional software testing. It supports the stages of designing and developing tests, documentation of test repository, generating and maintaining two-directional traceability matrix between tests and requirements, and accelerate test automation. 

Software testing currently has a lot of challenges for both manual and automated testing. Manual testing generally involves testers as the middlemen between the handling team and customers that handle the pressure from both sides to represent the picture completely. However, manual testing is subject to failure to comprehend test requirements and to test the application properly. To address this, model-based testing offers broader coverage of the system under test in terms of complete requirement and application coverage. In model-based testing, models can contain unified model modeling language (UML) Finite State Machine chart to depict the complete flow of software system. 

However, model-based testing is often regarded as extremely academic and therefore is not suitable for use in real-world applications that are bound by resource, cost, and time constraints. 

Model based Testing Market: Market Potential 

The development of newer tools for model based testing is enhancing model-level testing and debugging capabilities for embedded targets. In a breakthrough development, AdaCore’s QGen 17.1 is the latest version of model-based development and verification toolset offering of the company. QGen overcomes the gap between software engineering and control engineering, which allows full advantage of model-based development while keeping low-level control needed to achieve complete integration with target hardware. This development is set to help customers in aerospace and automotive industries and in safety-critical software-intensive sectors. 

Model based Testing Market: Regional Outlook 

The emerging economies of Asia Pacific are expected to be significant markets for model based testing due to a massive automobile manufacturing base and a large information technology (IT) industry that requires software testing. 

Developed countries in North America and Europe are also expected to contribute significantly to the global model based testing market due to an established automobile industry and presence of some of the world’s leading technology companies in these regions. 

Model based Testing Market: Competitive Landscape 

Some of the key companies that operate in the global model based testing market are HCL Technologies, Accenture, Capgemini, IBM, Wipro, Oracle, Microsoft, and Infosys.

Key companies in the market are driven to automate test design and accelerate testing for financial services applications commercially. For instance, Capgemini has extensive experience in implementing commercial off the shelf software for major financial services. This includes insurance claims processing, payments processing, core banking, and securities trading. Capgemini’s model based testing workbench allows testing professionals construct test cases effectively and efficiently by means of predefined accelerators and tools.

The study presents reliable qualitative and quantitative insights into:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand chain of the market
  • Market valuation (revenue and/or volume)
  • Key trends/opportunities/challenges
  • Forces defining present and estimated future state of the competitive landscape
  • Technological developments
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East and Africa

The vast market research data included in the study is the result of extensive primary and secondary research activities. Surveys, personal interviews, and inputs from industry experts form the crux of primary research activities and data collected from trade journals, industry databases, and reputable paid sources form the basis of secondary research. The report also includes a detailed qualitative and quantitative analysis of the market, with the help of information collected from market participants operating across key sectors of the market value chain. A separate analysis of macro- and micro-economic aspects, regulations, and trends influencing the overall development of the market is also included in the report.

Highlights of the report:

  • A detailed analysis of key segments of the market
  • Recent developments in the market’s competitive landscape
  • Detailed analysis of market segments up to second or third level of segmentation
  • Historical, current, and projected future valuation of the market in terms of revenue and/or volume
  • Key business strategies adopted by influential market vendors
  • Outline of the regulatory framework surrounding and governing numerous aspects of the market
  • Growth opportunities in emerging and established markets
  • Recommendations to market players to stay ahead of the competition

Note: Immense care has been taken to present data with the highest levels of accuracy in all TMRResearch reports. Nevertheless, recent developments related to market/vendor landscape may take time to reflect in the analysis.

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