Global Digital Assurance Market Size 2024, Forecast To 2033
19 Feb, 2024
The digital assurance market has seen substantial growth, surging from $5.62 billion in 2023 to $6.59 billion in 2024, achieving a remarkable 17.1% CAGR. This growth is attributed to end-to-end testing for seamless integration, collaboration with DevOps, a focus on performance and scalability, mobile application proliferation, and automation with test scripting. The market is anticipated to sustain this momentum, reaching $12.46 billion in 2028, driven by resilience and chaos engineering, demand for cognitive testing and predictive analytics, the shift from quality assurance to quality engineering, integration of IoT and edge computing, and a focus on performance engineering. Major trends include blockchain testing, predictive analytics for testing, agile and DevOps transformation, AI-driven testing, and test automation, along with a focus on customer experience testing.
Global Digital Assurance Market Key Driver
The growing digital transformation initiatives by IT companies will propel the digital assurance market. Digital transformation is expected to add $100 trillion to the global economy by 2025, according to the World Economic Forum. Digital assurance, ensuring smooth interactions in the digital ecosystem, is crucial for companies undergoing digital transformation.
Get A Free Sample Of The Global Digital Assurance Market ReportGlobal Digital Assurance Market Segments
The digital assurance market covered in this report is segmented –
1)By Testing Type: Network Testing, Application Programming Interface Testing, Functional Testing, Usability Testing, Security Testing, Performance Testing
2)By Technology: Social media, Mobile, Analytics, Cloud
3)By Vertical: Government and Defense, Manufacturing, Banking, Financial Services, and Insurance (BFSI), Energy and Utilities, IT and Telecommunications, Other Verticals
By Geography: The regions covered in the template market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa. Among these regions.
North America was the largest region in the digital assurance market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the digital assurance market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Major Digital Assurance Industry Players
Capgemini SE; DXC Technology Company; Accenture PLC; Cognizant Technology Solutions Corporation; Cigniti Technologies; Hexaware technologies Ltd.; The International Business Machines Corporation; Infosys Limited; Maveric Systems; Micro Focus International plc; Mindtree Limited; NTT Data Corporation; Qualitest Group; SQS Software Quality Systems AG; Tata Consultancy Services Limited (TCS); Tech Mahindra Limited; Wipro Limited; Atos SE; HCL Technologies Limited; Happiest Minds Technologies Private Limited; Infostretch Corporation; Katalon LLC; Larsen & Toubro Infotech Limited (LTI); Mphasis Limited; Nagarro SE; Nihilent Limited; Persistent Systems Limited; QASource Inc.; Softura Inc.; Techwave Consulting Inc.
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Digital Assurance Market Overview
The digital assurance refers to a collection of quality assurance procedures designed to assure seamless interactions among several components of digital ecosystems, which include networked people, processes, and objects spanning the social, mobile, analytics, and cloud platforms.
Digital Assurance Global Market Report 2023 provides data on the global digital assurance market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The digital assurance market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.