Digital Assurance Market - Global Forecast to 2022

Dublin, April 11, 2018 -- The "Digital Assurance Market by Testing Mode, Testing Type, Technology, Organization Size, Vertical, and Region - Global Forecast to 2022" report has been added to ResearchAndMarkets.com's offering.

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.

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.

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.

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.

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.

Key Topics Covered:

1 Introduction

2 Research Methodology

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

13 Company Profiles

• Accenture
• Capgemini
• Cigniti
• Cognizant
• Hexaware
• Micro Focus
• SQS
• TCS
• Wipro

For more information about this report visit https://www.researchandmarkets.com/research/mq2z2x/digital_assurance?w=12

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