The report Global Digital Assurance Market by key players highlights the essential market dynamics of Information And Technology sector. The efficiency of this segment has been studied deeply along with the noteworthy challenges and forthcoming growth opportunities and prospective. The report focuses in decision making abilities and supports to make effective counter strategies in order to achieve competitive advantage. Current market scenario of the segment and forecasts of the market situation have also been bounded in this market report.
Digital assurance is the quality assurance practices to guarantee smooth connections between different parts of digital ecosystems incorporating interconnected individuals, procedures and things cutting over the social, mobile, analytics and cloud stack. The digital assurance practices become critical for the organization which is facing complexities internally and externally from the environment. The main focus is to develop the other functionalities without doing any adverse change to their core competence. That’s why enterprises and organizations need to accept the digital transformation wave to develop new services and products in order to sustain in the long run. In context to the digital assurance, the corporate use of cloud-enabled services for important business functions continues to grow, according to KPMG research. In 2016, more than 80 percent of companies will be using cloud-enabled tools for sales and marketing, HR, e-mail/collaboration.
The Global Digital Assurance Market accounted for USD 2.81 billion in 2017 and is projected to grow at a CAGR of 14.1% the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
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Global Digital Assurance Market By Testing Mode (Manual testing and Test automation), By Testing Type (Application Programming Interface (API) testing and others), By Technology (Social media, Mobile and others), By Organization Size (), By Vertical, By Geographical segments(North America, Europe, Asia Pacific, South America, Middle East & Africa)- Industry Trends and Forecast to 2025
Key Players: Global Digital Assurance Market
Accenture, Capgemini, Cigniti, Cognizant, Hexaware, Micro Focus, SQS, TCS, Wipro, Atos, Infosys, Maveric Systems, DXC.technology, Sogeti, BugRaptors, TestingXperts, WebDepend, QAssure, Maven Infosoft Pvt Ltd, Sixth Gear Studios, Thinksys Inc, TechArcis Solutions, Inc., GreenSQA, Flexasoft, Snoopgame, Redmadrobot, among others.
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The Global Digital Assurance Market is fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market in order to sustain in long run. The report includes market shares of digital assurance market for global, Europe, North America, Asia Pacific and South America.
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Major Market Drivers:
- Day to day digital disruptions is paving the way for digital assurance.
- The increasing use of test automation leads to lower the operational costs and enhance the QA.
- Growing need of API monitoring in the digital economy.
- Operational Challenges.
- High end investment and high maintenance costs.
- Lack of expertise and reluctant to adopt new technology.
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