Global Digital Assurance Market, By Testing Mode (Manual Testing and Test Automation), Testing Type (Application Programming Interface (API) Testing, Functional Testing, Network Testing, Performance Testing, Security Testing and Usability Testing), Technology (Social Media, Mobile, Analytics and Cloud), Organization Size (Small and Medium-Sized Enterprises (SMEs) and Large Enterprises), Vertical (Government and Public Sector, Banking, Financial Services, and Insurance (BFSI), Telecom, and Media and Entertainment, Healthcare and Life Sciences, Retail and Ecommerce, Manufacturing, Transportation and Logistics and Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2029.
The digital assurance market is expected to witness market growth at a rate of 12.25% in the forecast period of 2022 to 2029. Data Bridge Market Research report on digital assurance market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rapid digitization globally is escalating the growth of digital assurance market.
Digital assurance refers to quality assurance practices that are done for ensuring smooth connections among different parts of digital ecosystems. These practices incorporate individuals, interconnected procedures, and things cutting over the social, cloud stack, mobile and analytics. The digital assurance practices are considered critical for the organization.
The increase in digital transformation across the globe acts as one of the major factors driving the growth of digital assurance market. The rise in use of test automation in order to lower the operational costs and enhance the QA and surge in need of API monitoring in the digital economy accelerate the market growth. The increase in the use of agile and DevOps methodologies in SDLC and service virtualization offering a safe testing environment further influence the market. Additionally, rapid digitization, easy access to the high speed internet services and emergence of various security threats with the digital revolution positively affect the digital assurance market. Furthermore, advancements in testing with the infusion of AI and machine learning technologies extend profitable opportunities to the market players in the forecast period of 2022 to 2029.
On the other hand, lack of expertise and reluctance to adopting new testing methods and risk with shadow IT are expected to obstruct the market growth. Lack of complete test coverage, ranging from testing every possible input to every possible variable is projected to challenge the digital assurance market in the forecast period of 2021-2029.
This digital assurance market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on digital assurance market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Digital Assurance Market Scope and Market Size
The digital assurance market is segmented on the basis of testing mode, testing type, technology, organization size and vertical. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of testing mode, the digital assurance market is segmented into manual testing and test automation.
- On the basis of testing type, the digital assurance market is segmented into application programming interface (API) testing, functional testing, network testing, performance testing, security testing and usability testing.
- On the basis of technology, the digital assurance market is segmented into social media, mobile, analytics and cloud.
- On the basis of organization size, the digital assurance market is segmented into small and medium-sized enterprises (SMEs) and large enterprises.
- On the basis of vertical, the digital assurance market is segmented into government and public sector, banking, financial services, and insurance (BFSI), telecom, and media and entertainment, healthcare and life sciences, retail and e-commerce, manufacturing, transportation and logistics and others.
Digital Assurance Market Country Level Analysis
The digital assurance market is segmented on the basis of testing mode, testing type, technology, organization size and vertical.
The countries covered in the digital assurance market report are the U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America dominate the digital assurance market due to the adoption of digital technologies within the region. Asia-Pacific is expected to witness highest growth during the forecast period of 2022 to 2029 because of the digital transformation led by government initiatives in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Digital Assurance Market Share Analysis
The digital assurance market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to digital assurance market.
Some of the major players operating in the digital assurance market report are Accenture, Capgemini, Cigniti, Cognizant, Hexaware, Micro Focus, SQS, TCS, Wipro, Atos, Infosys, Maveric Systems, DXC.technology, Sogeti, BugRaptors, TestingXperts, WebDepend, QAssure, Maven Infosoft Pvt Ltd, Sixth Gear Studios, Thinksys Inc, TechArcis Solutions, Inc., GreenSQA, Flexasoft, Snoopgame, and Redmadrobot, among others.
Customization Available : Global Digital Assurance Market
Data Bridge Market Research is a leader in consulting and advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include production cost analysis, trade route analysis, price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), import export and grey area results data, literature review, consumer analysis and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report