Market Overview:
The global digital assurance market is expected to grow from USD 3.02 Billion in 2018 to USD 7.72 Billion by 2030, at a CAGR of 14.5% during the forecast period. The growth of this market can be attributed to the increasing demand for digital transformation and the need for ensuring the security and privacy of data. The global digital assurance market is segmented by type, application, and region. By type, the market is divided into API testing, functional testing, network testing, performance testing, security testing, and usability testing.
Product Definition:
Digital Assurance is the process of verifying and ensuring the quality of digital products and services. It is important because it helps ensure that products meet customer requirements and are defect-free.
Application Programming Interface (API) Testing:
API testing is a process of evaluating, validating and analyzing the Application Programming Interfaces (APIs) in various applications. It helps to ensure that the application works as expected on different platforms and devices. API testing also ensures that the application meets all industry standards and complies with security policies.
Functional Testing:
Functional testing is a technique used to test the working and efficiency of software programs. It tests the application under real-time conditions by simulating user behavior through special programmed computers or devices known as Functional Testers (FTs). FTs are used to perform tasks that are difficult or impossible to do manually. The main objective of functional testing is to find out whether the application works as expected and performs its functions without any bugs, errors, crashes, etc.
Application Insights:
The large enterprises segment held the largest share of over 60.0% in 2017. The growth can be attributed to the growing adoption of digital technologies across various industries such as banking, financial services, healthcare and insurance among others. Furthermore, increasing investments by large enterprises for developing robust IT infrastructure will boost industry growth over the forecast period.
For instance, in June 2018 IBM Corporation announced about its new initiative named IBM Watson AIOps that aims to help companies accelerate AI innovation by offering a range of integrated solutions and services including Watson AIOps Analytics Platform, cognitive computing platform and IoT cloud connectivity layer to enable customers with a complete end-to-end capability for building innovative applications powered by artificial intelligence technology. Such initiatives are expected to drive market demand from large enterprises segment over the forecast period.
Regional Analysis:
The North American regional market accounted for the largest revenue share in 2017. The growth can be attributed to the presence of a large number of global players and increased focus on security testing by enterprises. Asia Pacific is expected to emerge as the fastest-growing region over the forecast period owing to increasing demand from SMEs and rapid technological advancements in countries, such as India, China, Singapore, Australia and New Zealand.
Growth Factors:
- Increased demand for digital transformation and modernization of business processes to improve efficiency and competitiveness.
- The need for organizations to mitigate cyber risks and protect their digital assets from ever-growing security threats.
- Proliferation of new technologies such as cloud, mobile, social media, big data, and the Internet of Things (IoT) that are changing the way businesses operate and create new opportunities for growth in the Digital Assurance market.
- Growing awareness among organizations about the benefits of using Digital Assurance solutions to improve quality assurance (QA) process efficiencies and achieve better business outcomes.
Scope Of The Report
Report Attributes
Report Details
Report Title
Digital Assurance Market Research Report
By Type
Application Programming Interface (API) Testing, Functional Testing, Network Testing, Performance Testing, Security Testing, Usability Testing
By Application
Small and Medium-sized Enterprises (SMEs), Large Enterprises
By Companies
Capgemini, Micro Focus, Accenture, Cognizant, Cigniti, Hexaware, SQs, TCs, Wipro
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Digital Assurance Market Report Segments:
The global Digital Assurance market is segmented on the basis of:
Types
Application Programming Interface (API) Testing, Functional Testing, Network Testing, Performance Testing, Security Testing, Usability Testing
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Small and Medium-sized Enterprises (SMEs), Large Enterprises
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Capgemini
- Micro Focus
- Accenture
- Cognizant
- Cigniti
- Hexaware
- SQs
- TCs
- Wipro
Highlights of The Digital Assurance Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Application Programming Interface (API) Testing
- Functional Testing
- Network Testing
- Performance Testing
- Security Testing
- Usability Testing
- By Application:
- Small and Medium-sized Enterprises (SMEs)
- Large Enterprises
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Digital Assurance Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Digital assurance is a process that helps organizations ensure the security and integrity of their digital assets. It includes activities such as risk assessment, incident response, data governance, and cyber security management.
Some of the major companies in the digital assurance market are Capgemini, Micro Focus, Accenture, Cognizant, Cigniti, Hexaware, SQs, TCs, Wipro.
The digital assurance market is expected to grow at a compound annual growth rate of 14.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Digital Assurance Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Digital Assurance Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Digital Assurance Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Digital Assurance Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Digital Assurance Market Size & Forecast, 2020-2028
4.5.1 Digital Assurance Market Size and Y-o-Y Growth
4.5.2 Digital Assurance Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Application Programming Interface (API) Testing
5.2.2 Functional Testing
5.2.3 Network Testing
5.2.4 Performance Testing
5.2.5 Security Testing
5.2.6 Usability Testing
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Small and Medium-sized Enterprises (SMEs)
6.2.2 Large Enterprises
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Digital Assurance Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Digital Assurance Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Application Programming Interface (API) Testing
9.6.2 Functional Testing
9.6.3 Network Testing
9.6.4 Performance Testing
9.6.5 Security Testing
9.6.6 Usability Testing
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Small and Medium-sized Enterprises (SMEs)
9.10.2 Large Enterprises
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Application Programming Interface (API) Testing
10.6.2 Functional Testing
10.6.3 Network Testing
10.6.4 Performance Testing
10.6.5 Security Testing
10.6.6 Usability Testing
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Small and Medium-sized Enterprises (SMEs)
10.10.2 Large Enterprises
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Application Programming Interface (API) Testing
11.6.2 Functional Testing
11.6.3 Network Testing
11.6.4 Performance Testing
11.6.5 Security Testing
11.6.6 Usability Testing
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Small and Medium-sized Enterprises (SMEs)
11.10.2 Large Enterprises
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Application Programming Interface (API) Testing
12.6.2 Functional Testing
12.6.3 Network Testing
12.6.4 Performance Testing
12.6.5 Security Testing
12.6.6 Usability Testing
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Small and Medium-sized Enterprises (SMEs)
12.10.2 Large Enterprises
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Application Programming Interface (API) Testing
13.6.2 Functional Testing
13.6.3 Network Testing
13.6.4 Performance Testing
13.6.5 Security Testing
13.6.6 Usability Testing
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Small and Medium-sized Enterprises (SMEs)
13.10.2 Large Enterprises
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Digital Assurance Market: Competitive Dashboard
14.2 Global Digital Assurance Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Capgemini
14.3.2 Micro Focus
14.3.3 Accenture
14.3.4 Cognizant
14.3.5 Cigniti
14.3.6 Hexaware
14.3.7 SQs
14.3.8 TCs
14.3.9 Wipro
