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Digital Assurance - Global Market Trajectory & Analytics

  • ID: 4804815
  • Report
  • April 2021
  • Region: Global
  • 141 pages
  • Global Industry Analysts, Inc
Global Digital Assurance Market to Reach $8.7 Billion by 2027

Amid the COVID-19 crisis, the global market for Digital Assurance estimated at US$3.8 Billion in the year 2020, is projected to reach a revised size of US$8.7 Billion by 2027, growing at a CAGR of 12.8% over the period 2020-2027. Test Automation, one of the segments analyzed in the report, is projected to record 13.1% CAGR and reach US$5.9 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Manual Testing segment is readjusted to a revised 12.4% CAGR for the next 7-year period.



The U.S. Market is Estimated at $1.1 Billion, While China is Forecast to Grow at 12.4% CAGR

The Digital Assurance market in the U.S. is estimated at US$1.1 Billion in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$1.5 Billion by the year 2027 trailing a CAGR of 12.3% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 11.2% and 10.9% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 9.4% CAGR.

Select Competitors (Total 41 Featured):
  • Accenture PLC
  • Capgemini SE
  • Cigniti Technologies Ltd.
  • Cognizant Technology Solutions Corporation
  • Hexaware Technologies Ltd.
  • Maveric Systems Ltd.
  • Micro Focus International PLC
  • Tata Consultancy Services Limited
  • Wipro Ltd.
Note: Product cover images may vary from those shown
I. METHODOLOGY

II. EXECUTIVE SUMMARY
  • Influencer Market Insights
  • Digital Assurance: A Prelude
  • Progressive Growth Projected for Digital Assurance Market
  • Impact of Covid-19 and a Looming Global Recession
  • Emergence of Digital Transformation as the New Age Enterprise Strategy Stimulates Broad-based Opportunities for Digital Assurance Market
  • Exhibit 1: Global Digital Transformation Market (In US$ Billion) for the Years 2019 and 2025
  • Exhibit 2: Global Industry Digitalization Index Score by Industry Group for the Year 2019
  • Exhibit 3: Global Cumulative Value of Digitalization by Industry (In US$ Billion) for the Period 2016 to 2025
  • Rapid Evolution of IoT Augments Business Prospects for Digital Assurance Market
  • Exhibit 4: Global IoT Market: Installed Base of IoT Connected Devices in Billions for the Years 2019 and 2025
  • Critical Importance of Big Data & Analytics Creates Fertile Environment
  • Exhibit 5: Volume of Big Data Created Worldwide (In Zettabytes) for the Years 2019 and 2025
  • Exhibit 6: Global Big Data & Business Analytics Market Revenues in US$ Billion for the Years 2019 and 2025
  • Exponential Growth in Cloud Computing Makes Way for Massive Adoption of Digital Assurance Solutions
  • Exhibit 7: Worldwide Public Cloud Service Revenues in US$ Billion for the Years 2019 and 2025
  • Robust Opportunities for Digital Assurance Amid Widening Deployments of AI and Machine Learning
  • Exhibit 8: World Market for AI (In US$ Billion) for the Years 2017, 2019, 2022 and 2025
  • Open Source Testing Tools: A Key Market Driver
  • Market Stands to Gain from Rising Emphasis on API Monitoring & Testing
  • Table 1: World Current & Future Analysis for Digital Assurance by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 2: World 7-Year Perspective for Digital Assurance by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2020 & 2027
  • Table 3: World Current & Future Analysis for Test Automation by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 4: World 7-Year Perspective for Test Automation by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
  • Table 5: World Current & Future Analysis for Manual Testing by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 6: World 7-Year Perspective for Manual Testing by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
  • Table 7: World Current & Future Analysis for Cloud by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 8: World 7-Year Perspective for Cloud by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
  • Table 9: World Current & Future Analysis for Analytics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 10: World 7-Year Perspective for Analytics by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
  • Table 11: World Current & Future Analysis for Mobile by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 12: World 7-Year Perspective for Mobile by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
  • Table 13: World Current & Future Analysis for Social Media by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 14: World 7-Year Perspective for Social Media by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
III. MARKET ANALYSIS
  • Table 15: USA Current & Future Analysis for Digital Assurance by Testing Mode - Test Automation and Manual Testing - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 16: USA 7-Year Perspective for Digital Assurance by Testing Mode - Percentage Breakdown of Value Sales for Test Automation and Manual Testing for the Years 2020 & 2027
  • Table 17: USA Current & Future Analysis for Digital Assurance by Technology - Cloud, Analytics, Mobile and Social Media - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 18: USA 7-Year Perspective for Digital Assurance by Technology - Percentage Breakdown of Value Sales for Cloud, Analytics, Mobile and Social Media for the Years 2020 & 2027
  • Table 19: Canada Current & Future Analysis for Digital Assurance by Testing Mode - Test Automation and Manual Testing - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 20: Canada 7-Year Perspective for Digital Assurance by Testing Mode - Percentage Breakdown of Value Sales for Test Automation and Manual Testing for the Years 2020 & 2027
  • Table 21: Canada Current & Future Analysis for Digital Assurance by Technology - Cloud, Analytics, Mobile and Social Media - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 22: Canada 7-Year Perspective for Digital Assurance by Technology - Percentage Breakdown of Value Sales for Cloud, Analytics, Mobile and Social Media for the Years 2020 & 2027
  • Table 23: Japan Current & Future Analysis for Digital Assurance by Testing Mode - Test Automation and Manual Testing - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 24: Japan 7-Year Perspective for Digital Assurance by Testing Mode - Percentage Breakdown of Value Sales for Test Automation and Manual Testing for the Years 2020 & 2027
  • Table 25: Japan Current & Future Analysis for Digital Assurance by Technology - Cloud, Analytics, Mobile and Social Media - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 26: Japan 7-Year Perspective for Digital Assurance by Technology - Percentage Breakdown of Value Sales for Cloud, Analytics, Mobile and Social Media for the Years 2020 & 2027
  • Table 27: China Current & Future Analysis for Digital Assurance by Testing Mode - Test Automation and Manual Testing - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 28: China 7-Year Perspective for Digital Assurance by Testing Mode - Percentage Breakdown of Value Sales for Test Automation and Manual Testing for the Years 2020 & 2027
  • Table 29: China Current & Future Analysis for Digital Assurance by Technology - Cloud, Analytics, Mobile and Social Media - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 30: China 7-Year Perspective for Digital Assurance by Technology - Percentage Breakdown of Value Sales for Cloud, Analytics, Mobile and Social Media for the Years 2020 & 2027
  • Table 31: Europe Current & Future Analysis for Digital Assurance by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 32: Europe 7-Year Perspective for Digital Assurance by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2020 & 2027
  • Table 33: Europe Current & Future Analysis for Digital Assurance by Testing Mode - Test Automation and Manual Testing - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 34: Europe 7-Year Perspective for Digital Assurance by Testing Mode - Percentage Breakdown of Value Sales for Test Automation and Manual Testing for the Years 2020 & 2027
  • Table 35: Europe Current & Future Analysis for Digital Assurance by Technology - Cloud, Analytics, Mobile and Social Media - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 36: Europe 7-Year Perspective for Digital Assurance by Technology - Percentage Breakdown of Value Sales for Cloud, Analytics, Mobile and Social Media for the Years 2020 & 2027
  • Table 37: France Current & Future Analysis for Digital Assurance by Testing Mode - Test Automation and Manual Testing - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 38: France 7-Year Perspective for Digital Assurance by Testing Mode - Percentage Breakdown of Value Sales for Test Automation and Manual Testing for the Years 2020 & 2027
  • Table 39: France Current & Future Analysis for Digital Assurance by Technology - Cloud, Analytics, Mobile and Social Media - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 40: France 7-Year Perspective for Digital Assurance by Technology - Percentage Breakdown of Value Sales for Cloud, Analytics, Mobile and Social Media for the Years 2020 & 2027
  • Table 41: Germany Current & Future Analysis for Digital Assurance by Testing Mode - Test Automation and Manual Testing - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 42: Germany 7-Year Perspective for Digital Assurance by Testing Mode - Percentage Breakdown of Value Sales for Test Automation and Manual Testing for the Years 2020 & 2027
  • Table 43: Germany Current & Future Analysis for Digital Assurance by Technology - Cloud, Analytics, Mobile and Social Media - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 44: Germany 7-Year Perspective for Digital Assurance by Technology - Percentage Breakdown of Value Sales for Cloud, Analytics, Mobile and Social Media for the Years 2020 & 2027
  • Table 45: Italy Current & Future Analysis for Digital Assurance by Testing Mode - Test Automation and Manual Testing - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 46: Italy 7-Year Perspective for Digital Assurance by Testing Mode - Percentage Breakdown of Value Sales for Test Automation and Manual Testing for the Years 2020 & 2027
  • Table 47: Italy Current & Future Analysis for Digital Assurance by Technology - Cloud, Analytics, Mobile and Social Media - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 48: Italy 7-Year Perspective for Digital Assurance by Technology - Percentage Breakdown of Value Sales for Cloud, Analytics, Mobile and Social Media for the Years 2020 & 2027
  • Table 49: UK Current & Future Analysis for Digital Assurance by Testing Mode - Test Automation and Manual Testing - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 50: UK 7-Year Perspective for Digital Assurance by Testing Mode - Percentage Breakdown of Value Sales for Test Automation and Manual Testing for the Years 2020 & 2027
  • Table 51: UK Current & Future Analysis for Digital Assurance by Technology - Cloud, Analytics, Mobile and Social Media - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 52: UK 7-Year Perspective for Digital Assurance by Technology - Percentage Breakdown of Value Sales for Cloud, Analytics, Mobile and Social Media for the Years 2020 & 2027
  • Table 53: Rest of Europe Current & Future Analysis for Digital Assurance by Testing Mode - Test Automation and Manual Testing - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 54: Rest of Europe 7-Year Perspective for Digital Assurance by Testing Mode - Percentage Breakdown of Value Sales for Test Automation and Manual Testing for the Years 2020 & 2027
  • Table 55: Rest of Europe Current & Future Analysis for Digital Assurance by Technology - Cloud, Analytics, Mobile and Social Media - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 56: Rest of Europe 7-Year Perspective for Digital Assurance by Technology - Percentage Breakdown of Value Sales for Cloud, Analytics, Mobile and Social Media for the Years 2020 & 2027
  • Table 57: Asia-Pacific Current & Future Analysis for Digital Assurance by Testing Mode - Test Automation and Manual Testing - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 58: Asia-Pacific 7-Year Perspective for Digital Assurance by Testing Mode - Percentage Breakdown of Value Sales for Test Automation and Manual Testing for the Years 2020 & 2027
  • Table 59: Asia-Pacific Current & Future Analysis for Digital Assurance by Technology - Cloud, Analytics, Mobile and Social Media - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 60: Asia-Pacific 7-Year Perspective for Digital Assurance by Technology - Percentage Breakdown of Value Sales for Cloud, Analytics, Mobile and Social Media for the Years 2020 & 2027
  • Table 61: Rest of World Current & Future Analysis for Digital Assurance by Testing Mode - Test Automation and Manual Testing - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 62: Rest of World 7-Year Perspective for Digital Assurance by Testing Mode - Percentage Breakdown of Value Sales for Test Automation and Manual Testing for the Years 2020 & 2027
  • Table 63: Rest of World Current & Future Analysis for Digital Assurance by Technology - Cloud, Analytics, Mobile and Social Media - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 64: Rest of World 7-Year Perspective for Digital Assurance by Technology - Percentage Breakdown of Value Sales for Cloud, Analytics, Mobile and Social Media for the Years 2020 & 2027
IV. COMPETITION
  • Total Companies Profiled: 41
Note: Product cover images may vary from those shown
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