华利安：2022Q4自动化软件测试市场概况报告（英文版）（19页）.pdf

1、Technology GroupAutomated Software TestingMARKET OVERVIEW Q4 2022Automated Software Testing Market OverviewDear Clients and Friends,Houlihan Lokey is pleased to present its Automated Software Testing Market Overview.Our team is keenly aware of the rising demand for automated and AI-augmented testing

2、 solutions and has pulled together materials that provide a broad overview of the software testing sector,including key trends,constituents,and investment activity.We hope you find the materials informative and helpful in monitoring this continually evolving market.Sources:PitchBook,451 Research.Not

3、e:M&A$volume includes only transactions with publicly available financial metrics.Walid KhiariManaging DirectorWKhiariHL.comJoseph NicholsFinancial AnalystJoseph.NicholsHL.comRishabh BansalAssociateRishabh.BansalHL.comRyan GillisVice PresidentRyan.GillisHL.com1 Strong M&A activity in the continuous

4、software testing market:API Testing:SmartBear/PactFlow(Apr-22)and Sauce Labs/API Fortress(Dec-20).Web/Cross-Browser Testing:BrowserStack/Nightwatch.js(Dec-21)and Keysight Technologies/Eggplant(Jun-20).Mobile Testing:Worksoft/eureQa(May-22)and Kobiton/Mobile Labs(Nov-20).UI/Visual Testing:Thoma Bravo

5、/Applitools(Mar-21)and Tricentis/testIM(Feb-22).Error Reporting:Sauce Labs/Backtrace(Jul-21).Load Testing:Perforce/Blazemeter(Sep-21)and Tricentis/Neotys(Mar-21).Low-Code Testing:Sauce Labs/AutonomIQ(Feb-21).Private equity involvement:Private equity engagement in the space led by Accel,Francisco Par

6、tners,Insight Partners,TPG,and Vista Equity Partners.Strong capital raise activity in the space with approximately$2B raised in 2021 and$1.3M raised in 2022.Notable capital raises include Advent International and General Catalysts$412M investment in Sonar,K1 Capitals$350M investment in Cyara,and Bon