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
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