The Business Research Company’s report on the Digital Assurance Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
What are the key drivers behind the digital assurance market’s growth in recent years?
The growing digital transformation initiatives by IT companies will propel the digital assurance market. Digital transformation is employing digital technology to develop new or adapt current business processes, culture, and customer experiences to suit changing business and market requirements. It is being applied in almost every organization owing to the growing need for digitalization. Digital assurance is a quality assurance process that ensures smooth interactions between various components of the digital ecosystem and networks, proving crucial for companies undergoing digital transformation. According to the World Economic Forum, digital transformation will add $100 trillion to the global economy by 2025. Thus, growing digital transformation initiatives by IT companies drive the digital assurance market growth.
Access Your Free Sample of the Global Digital Assurance Market Report – Get Insights Now!
https://www.thebusinessresearchcompany.com/sample.aspx?id=6991&type=smp
How does the future projection of the digital assurance market size compare to its historical growth?
The digital assurance market size has grown rapidly in recent years. It will grow from $6.45 billion in 2024 to $7.48 billion in 2025 at a compound annual growth rate (CAGR) of 15.9%. The growth in the historic period can be attributed to end-to-end testing for seamless integration, collaboration with DevOps, focus on performance and scalability, mobile application proliferation, automation and test scripting.
The digital assurance market size is expected to see rapid growth in the next few years. It will grow to $14.9 billion in 2029 at a compound annual growth rate (CAGR) of 18.8%. The growth in the forecast period can be attributed to resilience and chaos engineering, demand for cognitive testing and predictive analytics, shift from quality assurance to quality engineering, integration of iot and edge computing, focus on performance engineering, globalization of development and testing efforts. Major trends in the forecast period include blockchain testing, predictive analytics for testing, agile and DevOps transformation, ai-driven testing and test automation, shift-left testing practices, focus on customer experience testing.
Gain Exclusive Market Insights—Customize Your Research Report Today For Fast Delivery!
https://www.thebusinessresearchcompany.com/customise?id=6991&type=smp
Which key players are shaping the future of the digital assurance market?
Major companies operating in the digital assurance market include 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.
What trends will propel the growth and evolution of the digital assurance market?
Technological innovation is a key trend in the digital assurance market. Automation and artificial intelligence are used in API to gain efficiency. API testing may benefit significantly from automation and artificial intelligence. Adding intelligence provides an excellent opportunity to improve automated testing to work with business logic. For instance, in 2023, EY Assurance, a UK-based company engaged in assurance service launched over 25 new capabilities, including embedded AI technologies, aimed at enhancing audit and assurance processes. Additionally, the company released a global Artificial Intelligence Assurance framework to assist EY professionals in delivering cutting-edge assurance services with a focus on AI integration and risk management. These advancements are designed to strengthen the quality and efficiency of assurance services while supporting organizations in their digital transformation efforts.
Which regions are expected to become dominant players in the digital assurance market?
North America was the largest region in the digital assurance market in 2024. 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
Order Your Report Now For Swift Delivery
https://www.thebusinessresearchcompany.com/report/digital-assurance-global-market-report
What are the emerging key segments in the digital assurance market, and how are they evolving?
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
Subsegments:
1) By Network Testing: Network Performance Testing, Network Security Testing, Network Configuration Testing
2) By Application Programming Interface (API) Testing: Functional API Testing, Load API Testing, Security API Testing
3) By Functional Testing: Smoke Testing, Sanity Testing, Regression Testing, User Acceptance Testing (UAT)
4) By Usability Testing: User Experience (UX) Testing, Accessibility Testing, A Or B Testing
5) By Security Testing: Vulnerability Scanning, Penetration Testing, Security Audits
6) By Performance Testing: Load Testing, Stress Testing, Endurance Testing, Scalability Testing
Purchase The Exclusive Report Now To Unlock Valuable Market Insights:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=6991
How is the digital assurance market defined?
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.
About The Business Research Company:
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model, is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
Contact Us:
The Business Research Company
https://thebusinessresearchcompany.com/
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
