Digital Assurance Market Scope
Digital assurance is not only confined to testing applications for various platforms like social, SMAC, IoT and big data, but it is also required to assure the anticipated business outcomes as a result of the adoption of digital transformation initiatives. Digital assurance encompasses various aspects like network capability, interoperability, optimal performance and enhanced security assuring a better customer experience.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA estimates that Global Players will contribute to the maximum growth of Global Digital Assurance market throughout the predicted period.
Capgemini (France), Micro Focus (United Kingdom), Accenture (Republic of Ireland), Cognizant (United States), Cigniti (India), Hexaware (India), SQS (Germany), TCS (India), Wipro (India) and Maveric Systems (India) are some of the key players that are part of study coverage.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
The study have segmented the market of Global Digital Assurance market and Region with country level break-up.
On the basis of geography, the market of Digital Assurance 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).
In April 2020, Micro Focus announced that it's partnering with its Alliance partner Wipro Limited. Both companies have aligned their solutions to help the customer business continuity amidst the COVID-19 epidemic. The services include Digital Assurance as a Service, Agile Anywhere for Seamless Software Delivery, Monitor Connectivity, and Virtual Desk BCP.
Market Trend
- Advancements in Testing With the Infusion of AI and Machine Learning Technologies
Market Drivers
- Growing Need for Application Programming Interface (API) Monitoring
- Increasing Test Automation for Lower Operational Costs and Enhanced Quality Assurance
Opportunities
- Increased Investment in Digital Technology in Developing Countries
- Service Virtualization Offers A Safe Testing Environment
Challenges
- Lack of Expertise and Reluctance to Adopting New Testing Methods
Key Target Audience
Independent Testing Service Providers, Test Organizations, Integrated Testing Service Providers, Managed Testing Service Providers, Test Automation Tools Providers, Quality Assurance (QA) and Testing Managers, Potential Technology Investors and Regulatory & Government Bodies