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$11.7 Billion Global Digital Assurance Market to 2030 - Exponential Growth in Cloud Computing Makes Way for Massive Adoption of Digital Assurance Solutions

Research and Markets
·4-min read
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Global Market for Digital Assurance

Global Market for Digital Assurance
Global Market for Digital Assurance

Dublin, Feb. 09, 2023 (GLOBE NEWSWIRE) -- The "Digital Assurance - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global market for Digital Assurance estimated at US$4.4 Billion in the year 2022, is projected to reach a revised size of US$11.7 Billion by 2030, growing at a CAGR of 13.1% over the analysis period 2022-2030.

Manual Testing, one of the segments analyzed in the report, is projected to record 12.5% CAGR and reach US$6.3 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Test Automation segment is readjusted to a revised 13.9% CAGR for the next 8-year period.

The U.S. Market is Estimated at $1.3 Billion, While China is Forecast to Grow at 12.2% CAGR

The Digital Assurance market in the U.S. is estimated at US$1.3 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$2 Billion by the year 2030 trailing a CAGR of 12.2% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 11.9% and 11.2% respectively over the 2022-2030 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.

What`s New for 2023?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.

  • Global competitiveness and key competitor percentage market shares

  • Market presence across multiple geographies - Strong/Active/Niche/Trivial

  • Online interactive peer-to-peer collaborative bespoke updates

  • Access to digital archives and Research Platform

  • Complimentary updates for one year

Report Metrics:

Report Attribute

Details

No. of Pages

194

Forecast Period

2022 - 2030

Estimated Market Value (USD) in 2022

$4.4 Billion

Forecasted Market Value (USD) by 2030

$11.7 Billion

Compound Annual Growth Rate

13.0%

Regions Covered

Global

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights

  • Digital Assurance: A Prelude

  • Progressive Growth Projected for Digital Assurance Market

  • Digital Assurance - Global Key Competitors Percentage Market Share in 2022 (E)

  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

  • Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

  • Emergence of Digital Transformation as the New Age Enterprise Strategy Stimulates Broad-based Opportunities for Digital Assurance Market

  • Global Digital Transformation Market (In US$ Billion) for the Years 2019 and 2025

  • Global Industry Digitalization Index Score by Industry Group for the Year 2019

  • 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

  • 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

  • Volume of Big Data Created Worldwide (In Zettabytes) for the Years 2019 and 2025

  • 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

  • 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

  • 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

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/t6sxv-assurance?w=12

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

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