Digital Assurance Market Size to Reach USD 8.86 Billion by 2026, Industry Compound Annual Growth Rate of 12.8 % | Key Players- Capgemini, Accenture Plc., Cognizant, Etc.

The growth of the market is governed by various factors such as rising digital transformation initiatives coupled with the growing use of DevOps and agile application development methodologies

Market Size – USD 3.35 Billion in 2018, Market Growth – CAGR of 12.8%, Market Trends-Emergence of countless new opportunities for test automation for lower cost and improved quality assurance

The Digital Assurance Market is expected to reach USD 8.86 Billion by 2026, according to a new report by Reports and Data. The increase in growth is mainly associated with the increase in the adoption of advanced cloud technology services that allows thousands of customers to access similar resources helping companies to cut down their expenses. Based on statistics, the penetration of advanced cloud based platforms that helps to develop new technology is also a significant factor stimulating market demand.

Digital software testing, particularly in the DevOps model helps businesses to build a quality culture that concentrates on delivering flawless results. The trend also leads to every stakeholder of integrating QA in their projects and provide positively towards reaching a common goal. The common goal is to enhance customer experience, produce quality applications, and achieve ROI. An active shift-left digital quality assurance method classifies bugs or glitches during the development stage and reduces them before the application operates the market. Thus, it inhibits any harm from affecting the business.

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Some of the players profiled in the report are Capgemini, Accenture Plc., Micro Focus, DXC Technology, Hexaware Technologies, Cognizant, Expleo, Maveric Systems, Wipro Limited, and Tata Consultancy Services.

The Global Digital Assurance Market is segmented as follows:

Organization size Outlook (Revenue, USD Million; 2018-2026)

• Large Enterprises
• SMEs

Technology Outlook (Revenue, USD Million; 2018-2026)

• Cloud
• Mobile
• Social Media
• Analytics

Testing Type Outlook (Revenue, USD Million; 2018-2026)

• Functional Testing
• Security Testing
• Application Programming Interface Testing
• Network Testing
• Performance Testing
• Usability Testing

Testing Mode Outlook (Revenue, USD Million; 2018-2026)

• Test Automation
• Manual Testing

End User Outlook (Revenue, USD Million; 2018-2026)

• Manufacturing
• Retail and Ecommerce
• Government and Public Sector
• Banking, Financial Services, and Insurance
• Others

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Market Segmentation by Regions:

• North America (U.S., Canada)
• Europe (U.K., Italy, Germany, France, Rest of EU)
• Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
• Latin America (Chile, Brazil, Argentina, Rest of Latin America)
• Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Key Point Summary of the Report:

The global Digital Assurance market research report is an investigative study offering key insights into the latest growth trends, developments, technological and product advancements, and the research and development scenario. The report also covers the market aspects that directly influence the growth of the market. These features include strategies undertaken by the prominent players, their expansion tactics, and the product portfolios of the companies, and micro and macro-economic factors.

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The study also analyses the crucial market aspects, including R&D, product launches and brand promotions, mergers and acquisitions, collaborations, joint ventures, and the growth pattern on both regional and global levels. The report offers an in-depth evaluation of factors such as cost, capacity, rates of production and consumption, gross revenue, profit margin, demand and supply ratio, import/export, market share, market size, and market trends.

The Global Digital Assurance Market includes relevant and verified information relating to the overall market, key players, and their market position and financial standing. The report utilizes advanced analytical tools such as SWOT analysis, Porter’s Five Forces Analysis, investment return analysis, and feasibility analysis to offer a comprehensive view of the market position of the major players of the industry.

Key Coverage of the Digital Assurance Market:

• Insightful information regarding the global Digital Assurance market
• Identification of growth in various segments and sub-segments of the Digital Assurance market
• Strategic recommendations for investment opportunities
• The report covers significant statistics related to the industry along with products, applications, price analysis, demand & supply, and production and consumptions rate
• Emerging trends and current market segment analysis to help investors formulate new business strategies
• Accelerates the decision-making process through the availability of the drivers and limitations

To summarize everything stated above, the report offers key insights into the Digital Assurance market to allow the reader to gain a complete understanding of the Global Digital Assurance Market through accurate estimations, a panoramic view of the market scenario, competitive landscape, factors influencing the growth of the market, driving factors, restraints, regulatory framework, growth prospects and opportunities, and factors propelling the market forward. The research study offers an in-depth view of the industry to offer a competitive edge to the reader and help them in formulating beneficial investment plans. The report provides a comprehensive overview of the market with facts relating to the past, present, and future of the Global Digital Assurance Market.

Global Digital Assurance Market: Table of Contents

Chapter 1. Market Synopsis

    1.1. Market Definition

    1.2. Research Scope & Premise

    1.3. Methodology

    1.4. Market Estimation Technique

Chapter 2. Executive Summary

    2.1. Summary Snapshot, 2018-2026

Chapter 3. Indicative Metrics

Chapter 4. Digital Assurance Market Segmentation & Impact Analysis

Continued……….

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