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Global $9.9 Bn Digital Assurance Markets, 2016-2021, 2021-2026F, 2031F: Growing Digital Transformation Initiatives by IT Companies Driving GrowthDUBLIN, Nov. 25, 2022 /PRNewswire/ -- The "Digital Assurance Global Market Report 2022" report has been added to ResearchAndMarkets.com's offering. The global digital assurance market is expected to grow from $4.28 billion in 2021 to $4.94 billion in 2022 at a compound annual growth rate (CAGR) of 15.53%. The digital assurance market is expected to reach $9.90 billion in 2026 at a CAGR of 18.96%. The growing digital transformation initiatives by IT companies will propel the digital assurance market. Digital transformation is employing digital technology to develop new or adapt current business processes, culture, and customer experiences to suit changing business and market requirements. It is being applied in almost every organization owing to the growing need for digitalization. Digital assurance is a quality assurance process that ensures smooth interactions between various components of the digital ecosystem and networks, proving crucial for companies undergoing digital transformation. According to the World Economic Forum, digital transformation will add $100 trillion to the global economy by 2025. Thus growing digital transformation initiatives by IT companies drive the digital assurance market. An updated version to the IBM Cloud Pak for Integration Test and Monitor uses artificial intelligence to analyze API workloads in both production and test settings, detecting how APIs are invoked. This analysis enables it to detect real-world production API scenarios that aren't effectvely replicated in the existing test suite and automatically develop tests to close the gap. Major players in the digital assurance market are Capgemini, DXC Technology Company, Accenture, Cognizant, Cigniti, Hexaware, SQS, Atos, Wipro, Sogeti, IBM, Oracle, NTT Data, QAssure, and HCL Technologies. They are performed in different digital segments ranging from social media, mobile, analytics and cloud. They are used by different industries ranging from government and defense, manufacturing, BFSI, energy and utilities, IT and Telecommunications, and others.
6.2. Global Digital Assurance Market, Segmentation By Technology, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
6.3. Global Digital Assurance Market, Segmentation By Vertical, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
7. Digital Assurance Market Regional And Country Analysis For more information about this report visit https://www.researchandmarkets.com/r/y92mcw Media Contact: Research and Markets For E.S.T Office Hours Call +1-917-300-0470 U.S. Fax: 646-607-1904 Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg View original content:https://www.prnewswire.com/news-releases/global-9-9-bn-digital-assurance-markets-2016-2021--2021-2026f-2031f-growing-digital-transformation-initiatives-by-it-companies-driving-growth-301687300.html SOURCE Research and Markets |