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Model Based Testing (MBT) is a software testing approach that uses models to represent the system under test. Models are used to generate test cases, which are then executed to validate the system. MBT is a form of automated testing, which can reduce the time and cost associated with manual testing. It is also used to improve the quality of the software by providing a more comprehensive test coverage. MBT is used in a variety of industries, including automotive, aerospace, healthcare, and finance. It is also used in the development of embedded systems, mobile applications, and web applications. Some companies in the Model Based Testing market include Tricentis, Parasoft, Micro Focus, and CA Technologies. Show Less Read more