Press release
Global Digital Assurance Market Analysis 2025-2030: Growth Drivers, Challenges, And Opportunities
Digital Assurance
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How Big Is the Digital Assurance Market Size Expected to Be by 2034?_x000D_
In recent years, the size of the digital assurance market has seen a swift expansion. Its projected growth is from $6.45 billion in 2024 to $7.48 billion in 2025, signaling a compound annual growth rate (CAGR) of 15.9%. This notable increase during the historic period can be traced back to the comprehensive testing for flawless integration, alliance with DevOps, attention on performance and scalability, the surge of mobile applications, along with automation and test scripting._x000D_
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The market size for digital assurance is poised for substantial growth in the upcoming years, projected to reach $14.9 billion in 2029 with a compound annual growth rate (CAGR) of 18.8%. This anticipated growth in the forecast period can be linked to the resilience and chaos engineering, the increasing demand for cognitive testing and predictive analytics, the conversion from quality assurance to quality engineering, the integration of IoT and edge computing, the emphasis on performance engineering, and the worldwide expansion of development and testing undertakings. Leading trends during the forecast period would encompass blockchain testing, predictive analytics for testing, agile and DevOps transformations, AI-powered testing and test automation, shift-left testing approaches, and an emphasis on customer experience testing._x000D_
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What Are the Emerging Segments Within the Digital Assurance Market?_x000D_
The digital assurance market covered in this report is segmented -_x000D_
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1) By Testing Type: Network Testing, Application Programming Interface Testing, Functional Testing, Usability Testing, Security Testing, Performance Testing_x000D_
2) By Technology: Social media, Mobile, Analytics, Cloud_x000D_
3) By Vertical: Government and Defense, Manufacturing, Banking, Financial Services, and Insurance (BFSI), Energy and Utilities, IT and Telecommunications, Other Verticals_x000D_
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Subsegments:_x000D_
1) By Network Testing: Network Performance Testing, Network Security Testing, Network Configuration Testing_x000D_
2) By Application Programming Interface (API) Testing: Functional API Testing, Load API Testing, Security API Testing_x000D_
3) By Functional Testing: Smoke Testing, Sanity Testing, Regression Testing, User Acceptance Testing (UAT)_x000D_
4) By Usability Testing: User Experience (UX) Testing, Accessibility Testing, A Or B Testing_x000D_
5) By Security Testing: Vulnerability Scanning, Penetration Testing, Security Audits_x000D_
6) By Performance Testing: Load Testing, Stress Testing, Endurance Testing, Scalability Testing_x000D_
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What Long-Term Drivers Are Shaping Digital Assurance Market Trends?_x000D_
IT companies' increasing efforts towards digital transformation are propelling the digital assurance market forward. Digital transformation incorporates digital technology to create new or modify existing business operations, culture, and customer interactions to align with evolving business and market demands. Given the rising need for digitization, it's being adopted by virtually every company. Digital assurance is a method of quality assurance that ensures seamless cooperation between different components of the digital ecosystem and networks. This is particularly vital for businesses going through digital transformation. The World Economic Forum predicts that by 2025, digital transformation will contribute $100 trillion to the global economy. Therefore, the surge in digital transformation initiatives by IT companies is the driving force behind the growth of the digital assurance market._x000D_
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Who Are the Top Competitors in Key Digital Assurance Market Segments?_x000D_
Major companies operating in the digital assurance market include Capgemini SE, DXC Technology Company, Acce*nture PLC, Cognizant Technology Solutions Corporation, Cigniti Technologies, Hexaware technologies Ltd., The International Business Machines Corporation, Infosys Limited, Maveric Systems, Micro Focus International plc, Mindtree Limited, NTT Data Corporation, Qualitest Group, SQS Software Quality Systems AG, Tata Consultancy Services Limited (TCS), Tech Mahindra Limited, Wipro Limited, Atos SE, HCL Technologies Limited, Happiest Minds Technologies Private Limited, Infostretch Corporation, Katalon LLC, Larsen & Toubro Infotech Limited (LTI), Mphasis Limited, Nagarro SE, Nihilent Limited, Persistent Systems Limited, QASource Inc., Softura Inc., Techwave Consulting Inc._x000D_
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What Digital Assurance Market Trends Are Gaining Traction Across Different Segments?_x000D_
Technological advancement is a significant trend in the digital assurance segment. Automated systems and AI are utilized in Application Programming Interface (API) to increase its efficiency. API testing stands to gain enormous benefits from automation and AI. Integrating intelligence can potentially enhance automated testing to further align with business logic. For example, in 2023, EY Assurance, a UK-based assurance service provider, introduced over 25 novel capabilities, inclusive of inbuilt AI technologies, to boost audit and assurance procedures. Furthermore, they introduced a global Artificial Intelligence Assurance framework to guide EY professionals towards providing sophisticated assurance services concentrating on AI integration and risk management. These progressions aim to amplify the effectiveness and robustness of assurance services, facilitating organizations in their pursuit of digital transformation._x000D_
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Which Regions Are Becoming Hubs for Digital Assurance Market Innovation?_x000D_
North America was the largest region in the digital assurance market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the digital assurance market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa_x000D_
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Frequently Asked Questions:_x000D_
1. What Is the Market Size and Growth Rate of the Digital Assurance Market?_x000D_
2. What is the CAGR expected in the Digital Assurance Market?_x000D_
3. What Are the Key Innovations Transforming the Digital Assurance Industry?_x000D_
4. Which Region Is Leading the Digital Assurance Market?_x000D_
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Why This Report Matters:_x000D_
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Competitive overview: This report analyzes the competitive landscape of the 3D imaging software market, evaluating key players on market share, revenue, and growth factors._x000D_
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Informed Decisions: Understand key strategies related to products, segmentation, and industry trends._x000D_
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Efficient Research: Quickly identify market growth, leading players, and major segments.
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