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Research report explores the digital assurance market now worth over USD 5.47 billion

IT Market Research

The Global Digital Assurance market report has been compiled by the best subject matter experts and market research professionals to ensure that the data in the report is obtained from the most authentic sources and the forecast is of the highest accuracy.

The digital assurance market ecosystem includes players, such as Accenture (Dublin), Micro Focus (UK), Wipro (India), Cognizant (US), Cigniti (India), Capgemini (France), Hexaware (India), SQS (Germany), TCS (India), and Maveric Systems (India).

The digital assurance market size is expected to grow from USD 2.90 billion in 2017 to USD 5.47 billion by 2022, at a Compound Annual Growth Rate (CAGR) of 13.5% during the forecast period. The growing need of Application Programming Interface (API) monitoring in the digital economy and the increasing use of agile and Dev Ops methodologies are some of the major drivers that are expected to increase the demand for digital assurance.

Shadow IT is a major risk area for organizations and can restrain the growth of the digital assurance market.

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Objectives of the Study

  • To determine and forecast the global digital assurance market by testing mode, testing type, technology, organization size, vertical, and region from 2017 to 2022, and analyze various macro and microeconomic factors that affect the market growth
  • To forecast the size of the market segments with respect to the 5 main regions, namely, North America, Europe, Asia Pacific (APAC), Latin America, and Middle East and Africa (MEA)
  • To provide detailed information regarding the major factors (drivers, restraints, opportunities, and challenges) influencing the growth of the digital assurance market
  • To analyze each submarket with respect to individual growth trends, prospects, and contributions to the total market
  • To analyze opportunities in the market for stakeholders by identifying the high-growth segments of the market
  • To profile the key market players, provide comparative analysis based on business overviews, regional presence, product offerings, business strategies, and key financials, and illustrate the competitive landscape of the market
  • To track and analyze competitive developments, such as mergers and acquisitions, product developments, partnerships and collaborations, and Research and Development (R&D) activities in the market

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Key Target Audience

  • Independent testing service providers
  • Test organizations
  • Integrated testing service providers
  • Managed testing service providers
  • Test automation tools providers
  • Quality Assurance (QA) and testing managers

Scope of the Report

The digital assurance market takes into account the expenditure on various digital application testing services across testing modes, testing types, technologies, verticals, organization sizes, and regions.

By Testing Mode

  • Manual testing
  • Test automation

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By Testing Type

  • Application Programming Interface (API) testing
  • Functional testing
  • Network testing
  • Performance testing
  • Security testing
  • Usability testing

By Technology

  • Social media
  • Mobile
  • Analytics
  • Cloud

By Organization Size

  • Small and Medium-sized Enterprises (SMEs)
  • Large enterprises

By 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
  • Others (education, and energy and utilities)

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