Digital Assurance Market by Testing Mode, Testing Type, Technology, Organization Size, Vertical, and Region - Global Forecast to 2022

  • ID: 4463551
  • Report
  • Region: Global
  • 148 Pages
  • Markets and Markets
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Digital Assurance Market Size Expected to Grow from USD 2.90 Billion in 2017 to USD 5.47 Billion by 2022

FEATURED COMPANIES

  • Accenture
  • Capgemini
  • Cigniti
  • Cognizant
  • Hexaware
  • Micro Focus
  • MORE

"Digital Assurance Market by Testing Mode (Manual Testing and Test Automation), Testing Type (API, Functional, Network, Performance, Security, and Usability Testing), Technology (SMAC), Organization Size, Vertical, and Region - Global Forecast to 2022"

"The digital assurance market is projected to grow at a CAGR of 13.5% during the forecast period"

The digital assurance market size is expected to grow from USD 2.90 billion in 2017 to USD 5.47 billion by 2022, at a Compound Annual Growth Rate (CAGR) of 13.5% during the forecast period. The growing need of Application Programming Interface (API) monitoring in the digital economy and the increasing use of agile and DevOps methodologies are some of the major drivers that are expected to increase the demand for digital assurance. Shadow IT is a major risk area for organizations and can restrain the growth of the digital assurance market.

"Test automation segment is expected to grow at the fastest rate during the forecast period"

The test automation segment is expected to witness the fastest growth rate during the forecast period. Test automation is a technique that tests the entire life cycle of a software in lesser time and provides efficiency and effectiveness. Many tests are becoming automated across different layers of an application due to the transformation in technology and associated complexities.

"Security testing type is expected to grow at the fastest rate during the forecast period"

The security testing type is expected to witness the fastest growth rate during the forecast period. Security testing focuses on finding all the possible loopholes and weaknesses in a digital ecosystem. With the increase in cybersecurity, security testing checks whether a system under test meets the security parameters, such as authentication, authorization, confidentiality, and integrity, thus increasing the demand for security testing.

"Large enterprises segment is expected to hold a larger market share during the forecast period"

The large enterprises segment is expected to have a larger market share owing to the need to reduce the high Capital Expenditure (CAPEX) and Operating Expenditure (OPEX). Large enterprises have dedicated in-house IT resources and larger IT budgets, and therefore consider larger digital assurance.

"APAC is expected to grow at the fastest rate during the forecast period"

As per the geographic analysis, the Asia Pacific (APAC) region is expected to witness the fastest growth rate in the digital assurance market, due to the increased adoption of Social Media, Mobile, Analytics, and Cloud (SMAC) technologies. Companies in this region are migrating their core business applications to new cloud platforms to save the cost. The major countries contributing to the growth of the digital assurance market in this region are China, India, Japan, Singapore, New Zealand, and Australia. The digital assurance vendors are therefore expanding their presence in this region to capitalize growth opportunities.

The break-up profiles of the primary discussion participants are given below:

  • By Company Type: Tier 1 (30%), Tier 2 (40%), and Tier 3 (30%)
  • By Designation: C-Level (40%), Director Level (25%), and Manager Level (35%)
  • By Region: North America (35%), APAC (30%), Europe (25%), and RoW (10%)

The key digital assurance market vendors profiled in the report are as follows:
1. Capgemini (France)
2. Micro Focus (UK)
3. Accenture (Republic of Ireland)
4. Cognizant (US)
5. Cigniti (India)
6. Hexaware (India)
7. SQS (Germany)
8. TCS (India)
9. Wipro (India)
10. Maveric Systems (India)

Research Coverage

The global digital assurance market has been segmented by testing mode, testing type, technology, organization size, vertical, and region. A detailed analysis of the regions has been done to provide insights into the potential future business opportunities across different regions. In addition to this, the strength of service portfolio and business strategy excellence are some of the other analysis included in the report.

Reasons to Buy the Report

The report will help the market leaders/new entrants in the digital assurance market in the following ways:

1. The report segments the digital assurance market comprehensively to provide the closest approximations of the revenue numbers for the overall market and subsegments across different regions.
2. The report helps the stakeholders understand the pulse of the market and provides them with information on the key market drivers, restraints, challenges, and opportunities.
3. The report helps the stakeholders understand the competitors and gain more insights to enhance their position in the market.

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FEATURED COMPANIES

  • Accenture
  • Capgemini
  • Cigniti
  • Cognizant
  • Hexaware
  • Micro Focus
  • MORE

1 Introduction
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Market Scope
    1.4 Years Considered for the Study
    1.5 Currency
    1.6 Stakeholders

2 Research Methodology
    2.1 Research Data
           2.1.1 Secondary Data
           2.1.2 Primary Data
                    2.1.2.1 Breakdown of Primaries
                    2.1.2.2 Key Industry Insights
    2.2 Market Size Estimation
    2.3 Research Assumptions
    2.4 Limitations

3 Executive Summary

4 Premium Insights
    4.1 Attractive Market Opportunities in the Digital Assurance Market
    4.2 Market By Testing Mode
    4.3 Market By Testing Type
    4.4 Market By Technology
    4.5 Market By Organization Size
    4.6 Market By Vertical
    4.7 Market By Region
    4.8 Market Investment Scenario

5 Market Overview and Industry Trends
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Digital Transformation is Paving the Way for Digital Assurance
                    5.2.1.2 The Increasing Use of Agile and Devops Methodologies in SDLC
                    5.2.1.3 The Increasing Use of Test Automation Leads to Lower the Operational Costs and Enhance the QA
                    5.2.1.4 Growing Need of Api Monitoring in the Digital Economy
           5.2.2 Restraints
                    5.2.2.1 Shadow IT is A Major Risk Area for Organizations
           5.2.3 Opportunities
                    5.2.3.1 Advancements in Testing With the Infusion of Ai and Machine Learning Technologies
                    5.2.3.2 Service Virtualization Offers A Safe Testing Environment
                    5.2.3.3 Open Source Testing Tools Explore Untapped Potential
           5.2.4 Challenges
                    5.2.4.1 Lack of Expertise and Reluctance to Adopting New Testing Methods
                    5.2.4.2 Lack of Complete Test Coverage, Ranging From Testing Every Possible Input to Every Possible Variable
                    5.2.4.3 Operational Challenges
    5.3 Use Cases

6 Digital Assurance Market, By Testing Mode
    6.1 Introduction
    6.2 Manual Testing
    6.3 Test Automation

7 Market By Testing Type
    7.1 Introduction
    7.2 Application Programming Interface Testing
    7.3 Functional Testing
    7.4 Network Testing
    7.5 Performance Testing
    7.6 Security Testing
    7.7 Usability Testing

8 Market By Technology
    8.1 Introduction
    8.2 Social Media
    8.3 Mobile
    8.4 Analytics
    8.5 Cloud

9 Digital Assurance Market, By Organization Size
    9.1 Introduction
    9.2 Small and Medium-Sized Enterprises
    9.3 Large Enterprises

10 Market By Vertical
     10.1 Introduction
     10.2 Government and Public Sector
     10.3 Banking, Financial Services, and Insurance
     10.4 Telecom, and Media and Entertainment
     10.5 Healthcare and Life Sciences
     10.6 Retail and Ecommerce
     10.7 Manufacturing
     10.8 Transportation and Logistics
     10.9 Others

11 Digital Assurance Market, By Region
     11.1 Introduction
     11.2 North America
     11.3 Europe
     11.4 Asia Pacific
     11.5 Latin America
     11.6 Middle East and Africa

12 Competitive Landscape
     12.1 Overview
     12.2 Market Ranking Analysis
     12.3 Competitive Scenario
             12.3.1 New Product/Service/Solution Launches
             12.3.2 Business Expansions
             12.3.3 Mergers and Acquisitions
             12.3.4 Agreements and Partnerships

13 Company Profiles
(Business Overview, Products & Services, Key Insights, Recent Developments, SWOT Analysis, View)*
     13.1 Capgemini
     13.2 Micro Focus
     13.3 Accenture
     13.4 Cognizant
     13.5 Cigniti
     13.6 Hexaware
     13.7 SQS
     13.8 TCS
     13.9 Wipro

*Details on Business Overview, Products & Services, Key Insights, Recent Developments, SWOT Analysis, View Might Not Be Captured in Case of Unlisted Companies.

List of Tables
Table 1 United States Dollar Exchange Rate, 2014–2017
Table 2 Digital Assurance Market: Assumptions
Table 3 Digital Assurance Market: Use Cases
Table 4 Market Size By Testing Mode, 2015–2022 (USD Million)
Table 5 Manual Testing: Market Size By Region, 2015–2022 (USD Million)
Table 6 Test Automation: Market Size By Region, 2015–2022 (USD Million)
Table 7 Market Size By Testing Type, 2015–2022 (USD Million)
Table 8 Application Programming Interface Testing: Market Size By Region, 2015–2022 (USD Million)
Table 9 Functional Testing: Market Size By Region, 2015–2022 (USD Million)
Table 10 Network Testing: Digital Assurance Size, By Region, 2015–2022 (USD Million)
Table 11 Performance Testing: Digital Assurance Size, By Region, 2015–2022 (USD Million)
Table 12 Security Testing: Digital Assurance Size, By Region, 2015–2022 (USD Million)
Table 13 Usability Testing: Digital Assurance Size, By Region, 2015–2022 (USD Million)
Table 14 Digital Assurance Market Size, By Technology, 2015–2022 (USD Million)
Table 15 Social Media: Digital Assurance Size, By Region, 2015–2022 (USD Million)
Table 16 Mobile: Market Size By Region, 2015–2022 (USD Million)
Table 17 Analytics: Market Size By Region, 2015–2022 (USD Million)
Table 18 Cloud: Market Size By Region, 2015–2022 (USD Million)
Table 19 Market Size By Organization Size, 2015–2022 (USD Million)
Table 20 Small and Medium-Sized Enterprises: Market Size By Region, 2015–2022 (USD Million)
Table 21 Large Enterprises: Market Size By Region, 2015–2022 (USD Million)
Table 22 Digital Assurance Market Size, By Vertical, 2015–2022 (USD Million)
Table 23 Government and Public Sector: Market Size By Region, 2015–2022 (USD Million)
Table 24 Banking, Financial Services, and Insurance: Market Size By Region, 2015–2022 (USD Million)
Table 25 Telecom, and Media and Entertainment: Market Size By Region, 2015–2022 (USD Million)
Table 26 Healthcare and Life Sciences: Market Size By Region, 2015–2022 (USD Million)
Table 27 Retail and Ecommerce: Market Size By Region, 2015–2022 (USD Million)
Table 28 Manufacturing: Market Size By Region, 2015–2022 (USD Million)
Table 29 Transportation and Logistics: Market Size By Region, 2015–2022 (USD Million)
Table 30 Others: Market Size, By Region, 2015–2022 (USD Million)
Table 31 Digital Assurance Market Size, By Region, 2015–2022 (USD Million)
Table 32 North America: Market Size By Country, 2015–2022 (USD Million)
Table 33 North America: Market Size By Testing Mode, 2015–2022 (USD Million)
Table 34 North America: Market Size By Testing Type, 2015–2022 (USD Million)
Table 35 North America: Market Size By Technology, 2015–2022 (USD Million)
Table 36 North America: Market Size By Organization Size, 2015–2022 (USD Million)
Table 37 North America: Market Size By Vertical, 2015–2022 (USD Million)
Table 38 United States: Digital Assurance Market Size, By Testing Mode, 2015–2022 (USD Million)
Table 39 United States: Market Size By Testing Type, 2015–2022 (USD Million)
Table 40 United States: Market Size By Technology, 2015–2022 (USD Million)
Table 41 United States: Market Size By Organization Size, 2015–2022 (USD Million)
Table 42 United States: Market Size By Vertical, 2015–2022 (USD Million)
Table 43 Canada: Digital Assurance Market Size, By Testing Mode, 2015–2022 (USD Million)
Table 44 Canada: Market Size By Testing Type, 2015–2022 (USD Million)
Table 45 Canada: Market Size By Technology, 2015–2022 (USD Million)
Table 46 Canada: Market Size By Organization Size, 2015–2022 (USD Million)
Table 47 Canada: Market Size By Vertical, 2015–2022 (USD Million)
Table 48 Europe: Market Size By Testing Mode, 2015–2022 (USD Million)
Table 49 Europe: Market Size By Testing Type, 2015–2022 (USD Million)
Table 50 Europe: Market Size By Technology, 2015–2022 (USD Million)
Table 51 Europe: Market Size By Organization Size, 2015–2022 (USD Million)
Table 52 Europe: Market Size By Vertical, 2015–2022 (USD Million)
Table 53 Asia Pacific: Digital Assurance Market Size, By Testing Mode, 2015–2022 (USD Million)
Table 54 Asia Pacific: Market Size By Testing Type, 2015–2022 (USD Million)
Table 55 Asia Pacific: Market Size By Technology, 2015–2022 (USD Million)
Table 56 Asia Pacific: Market Size By Organization Size, 2015–2022 (USD Million)
Table 57 Asia Pacific: Market Size By Vertical, 2015–2022 (USD Million)
Table 58 Latin America: Digital Assurance Market Size, By Testing Mode, 2015–2022 (USD Million)
Table 59 Latin America: Market Size By Testing Type, 2015–2022 (USD Million)
Table 60 Latin America: Market Size By Technology, 2015–2022 (USD Million)
Table 61 Latin America: Market Size By Organization Size, 2015–2022 (USD Million)
Table 62 Latin America: Market Size By Vertical, 2015–2022 (USD Million)
Table 63 Middle East and Africa: Digital Assurance Market Size, By Testing Mode, 2015–2022 (USD Million)
Table 64 Middle East and Africa: Market Size By Testing Type, 2015–2022 (USD Million)
Table 65 Middle East and Africa: Market Size By Technology, 2015–2022 (USD Million)
Table 66 Middle East and Africa: Market Size By Organization Size, 2015–2022 (USD Million)
Table 67 Middle East and Africa: Market Size By Vertical, 2015–2022 (USD Million)
Table 68 Market Ranking, 2017
Table 69 New Product/Service/Solution Launches, 2015–2017
Table 70 Business Expansions, 2017
Table 71 Mergers and Acquisitions, 2017
Table 72 Agreements and Partnerships, 2015–2017

List of Figures
Figure 1 Digital Assurance Market Segmentation
Figure 2 Market Research Design
Figure 3 Breakdown of Primaries: By Company, Designation, and Region
Figure 4 Data Triangulation
Figure 5 Market Size Estimation Methodology: Bottom-Up Approach
Figure 6 Market Size Estimation Methodology: Top-Down Approach
Figure 7 Digital Assurance Market, 2015–2022
Figure 8 Market Top 3 Segments
Figure 9 Market By Technology
Figure 10 Market Top 3 Verticals in Each Region
Figure 11 Market By Region
Figure 12 Growing Trend of Digital Transformation is Expected to Be Driving the Growth of the Market
Figure 13 Test Automation Segment is Estimated to Hold A Larger Market Share During the Forecast Period
Figure 14 Functional Testing Type is Estimated to Hold the Largest Market Share During the Forecast Period
Figure 15 Cloud and Analytics Technologies are Estimated to Hold the Largest Market Shares in 2017 and 2022, Respectively
Figure 16 Large Enterprises Segment is Expected to Hold A Larger Market Share During the Forecast Period
Figure 17 Retail and Ecommerce Vertical is Expected to Witness the Highest Growth Rate During the Forecast Period
Figure 18 North America is Expected to Hold the Largest Market Share During the Forecast Period
Figure 19 Asia Pacific is Expected to Be the Hotspot Market to Invest in During the Forecast Period
Figure 20 Digital Assurance Market: Drivers, Restraints, Opportunities, and Challenges
Figure 21 Test Automation Segment is Expected to Grow at A Higher CAGR During the Forecast Period
Figure 22 Security Testing Type is Expected to Grow at the Highest CAGR During Forecast Period
Figure 23 Mobile Technology is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 24 Small and Medium-Sized Enterprises Segment is Expected to Grow at A Higher CAGR During the Forecast Period
Figure 25 Retail and Ecommerce Vertical is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 26 Asia Pacific is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 27 North America: Market Snapshot
Figure 28 Asia Pacific: Market Snapshot
Figure 29 Key Developments By Leading Players in the Digital Assurance Market During 2015–2017
Figure 30 Market Evaluation Framework
Figure 31 Capgemini: Company Snapshot
Figure 32 Capgemini: SWOT Analysis
Figure 33 Micro Focus: Company Snapshot
Figure 34 Micro Focus: SWOT Analysis
Figure 35 Accenture: Company Snapshot
Figure 36 Accenture: SWOT Analysis
Figure 37 Cognizant: Company Snapshot
Figure 38 Cognizant: SWOT Analysis
Figure 39 Cigniti: Company Snapshot
Figure 40 Cigniti: SWOT Analysis
Figure 41 Hexaware: Company Snapshot
Figure 42 SQS: Company Snapshot
Figure 43 TCS: Company Snapshot
Figure 44 Wipro: Company Snapshot

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  • Accenture
  • Capgemini
  • Cigniti
  • Cognizant
  • Hexaware
  • Micro Focus
  • SQS
  • TCS
  • Wipro
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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