What is Digital Assurance and Testing Services Market Scope?
The Digital Transformation is Paving the Way for Digital Assurance will help to boost the global Digital Assurance and Testing Services market in the forecasted period. Digital Assurance & Testing portfolio provides a full spectrum of solutions quality validation as well as testing services and our process works with customers to assure customers meet their business outcomes. It enables customer engagement by making strategies according to digital lines of business, mobile-first product strategies, digital marketing, and an Omni-channel strategy. The growing usage of DevOps as well as Agile in SDLC, increasing demand due to test automation leads to lower operational costs is acts as the drivers of the global market. The technological advancements associated with the Digital Assurance and Testing Services will create the opportunity in the forecasted period.
The Digital Assurance and Testing Services market study is being classified by Type (Application Programming Interface (API) testing, Functional testing, Network testing, Performance testing, Security testing and Usability testing) and major geographies with country level break-up. According to AMA, the Global Digital Assurance and Testing Services market is expected to see growth rate of 13.5%
Analysts at AMA predicts that Players from Asian will contribute to the maximum growth of Global Digital Assurance and Testing Services market throughout the predicted period.
Accenture (Dublin), Micro Focus (United Kingdom), Wipro (India), Cognizant (United States), Cigniti (India), Capgemini (France), Hexaware (India), SQS (Germany), TCS (India) and Maveric Systems (India). are some of the key players profiled in the study.
Analyst at AMA have segmented the market study of Global Digital Assurance and Testing Services market by Type, Application and Region.
On the basis of geography, the market of Digital Assurance and Testing Services has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2020. Europe on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement.
Market Influencers and their development strategies
On 5th November 2020, The 12th edition of the World Quality Report 2020-21 (WQR), released by Capgemini, Sogeti, and Micro Focus, shows the steady evolution of quality assurance (QA) from a backroom discipline to an integral part of wider enterprise digital transformation. Contributing to business growth and business outcomes was the highest-rated objective for testing and QA at 74% - up 6 percentage points from 2018.
On 4th August 2020, Digitate, a software venture of Tata Consultancy Services (TCS) a leading global IT services, consulting, and business solutions organization announced the release of ignio™ AI. Assurance, an autonomous assurance product that enables enterprises to deliver better software faster, enhancing their business performance.
Influencing Market Trend
- Upsurging usage in Agile and DevOps Methodologies in SDLC
- The rising use in Test Automation Leads to Lower Operational Costs and Enhance the QA
- The high demand due to API monitoring is growing in the digital economy
- The increasing use due to various technologies such as cloud computing as well as big data
- The technological advancement such as Artificial Intelligence and Machine learning
- The surging demand for Open Source Testing Tools in developing countries
- The concern related to Low expertise
- The issues related to the low complete test
- The operational challenges
Key Target AudienceDigital Assurance and Testing Services Providers, Government Regulatory Bodies, Private Research Organization, Government Research Organization and Others
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To compete effectively, companies also require quantitative estimates of the future growth and qualitative nature of the market. AMA Research features not just specific market sizing estimates, but also include significant value-added commentary on Technological Trends and Innovations, Regulatory Policies, Market Maturity Indicators, Market Share Movements, New Entrants into the Market & Entry/Exit Barriers, Consumer Demographics, Supporting Company Financial and Cash Flow Planning, Open Up New Markets , To Seize Powerful Market Opportunities, Key Decision in Planning and to Further Expand Market Share, Identify Key Business Segments, Market Proposition & Gap Analysis.
Frequently Asked Questions (FAQ):
1. At what growth rate would the Digital Assurance and Testing Services market expands?
The Global Digital Assurance and Testing Services market is expected to see a growth of 13.5% during projected year 2020 to 2026.
2. Who are the prominent players of the Global Digital Assurance and Testing Services market?
The prominent players of Global Digital Assurance and Testing Services market are Accenture (Dublin), Micro Focus (United Kingdom), Wipro (India), Cognizant (United States), Cigniti (India), Capgemini (France), Hexaware (India), SQS (Germany), TCS (India) and Maveric Systems (India)., to name a few.
3. What are the top priorities to focus for Digital Assurance and Testing Services market’s growth?
In this highly competitive & fast evolving Digital Assurance and Testing Services industry, the top strategic priorities would remain consistent like innovation, R&D and M&A.