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New report: Digital assurance market projected to reach USD 5.47 billion by 2023

IT Market Research

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.

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The key players in the Digital Assurance Market include – Capgemini(France), Micro Focus (UK), Accenture (Republic of Ireland), Cognizant (US), Cigniti (India), Hexaware (India), SQS (Germany), TCS (India), Wipro (India), Maveric Systems (India)

The global digital assurance market has been segmented by testing mode, testing type, technology, organization size, vertical, and region. A detailed analysis of the regions has been done to provide insights into the potential future business opportunities across different regions.

In addition to this, the strength of service portfolio and business strategy excellence are some of the other MarketsandMarkets analysis included in the report.

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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.

Get Digital Assurance Market by Testing Mode (Manual Testing and Test Automation), Testing Type (API, Functional, Network, Performance, Security, and Usability Testing), Technology (SMAC), Organization Size, Vertical, and Region - Global Forecast to 2022 @ www.rnrmarketresearch.com/contacts…unt?rname=1357352

The test automation segment is expected to witness the fastest growth rate during the forecast period. Test automation is a technique that tests the entire life cycle of a software in lesser time and provides efficiency and effectiveness.

Many tests are becoming automated across different layers of an application due to the transformation in technology and associated complexities.

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