Increasing Number of End-Users to Benefit Safety Critical Software Testing Market

Pune, India, April 2020, MRFR Press Release/- Market Research Future has published a Half-Cooked Research Report on the Global Safety Critical Software Testing Market.

Market Scope

Market Research Future (MRFR) projects that the Safety-Critical Software Testing market industry is projected to grow from USD 62.54 Billion in 2024 to USD 1,105.94 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 43.20% during the forecast period (2024 - 2032).

Top Boosters and Main Challenges

Failure or malfunction of safety-critical systems can damage not only the environment but also endanger people's lives. Power station control, nuclear railway control systems, aviation control systems, patient monitors in hospitals, military devices and space shuttles are examples of safety critical software systems. Such systems are subjected to testing to for early detection of hazards that can occur during the development life-cycle. The market consists of numerous companies that offer software as well as tools at varying prices, which help test the safety-critical software. This helps them attract more end-users, while maintaining the customer base in the market.

The increasing deployment of safety critical solutions in a variety of industries is emerging as the top growth booster in the market. For example, the software is extensively used in the health care industry for applications in life support systems and also to provide medical intensive care. They also find applications in nuclear engineering as well as recreation centers like parachutes and amusement rides. Space, railway and aviation industries are increasingly using safety critical software testing solutions, as these are more technologically advanced, and are highly reliable and secure compared to the traditional safety testing solutions.

The continuous technological advancements in critical communication systems can emerge as lucrative opportunities in the safety critical software testing field. Critical communication systems make massive use of the latest technologies like Big Data, artificial intelligence, automation and 5G connectivity, among others. The use of safety critical software testing solutions is expected to increase in these systems, making communication process more efficient and reliable.

Market Segmentation

Type and vertical are the primary segments based on which the safety critical software testing market has been studied and covered in the report.

The types of safety critical software testing are manual testing as well as automation testing. The automation testing category is booming at a higher pace and is set to be the biggest on in the market. Automation testing helps achieve higher safety, quality and security and is generally used to test iterative development processes. Also, this type of testing involves less tedious work compared to manual testing. Apart from this, it provides accurate analysis to significantly boost the bug detection capability with the detection of runtime errors.