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Home ➤ Information and Communications Technology ➤ Digital Transformation in Social Auditing Market
Digital Transformation in Social Auditing Market
Digital Transformation in Social Auditing Market
Published date: July 2025 • Formats:
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  • Home ➤ Information and Communications Technology ➤ Digital Transformation in Social Auditing Market

Global Digital Transformation in Social Auditing Market Size, Share Analysis Report By Technology (Artificial Intelligence (AI) & Machine Learning (ML), Blockchain, Cloud Computing, Robotic Process Automation (RPA), Data Analytics & Visualization Tools, Others), By Audit Type (Social & Quality Management, Occupational Health & Fire Safety, Ethical Trading, Social Impact Assessment, Corporate Social Responsibility, Others), By Industry Vertical (Food & Beverage, Oil & Gas, Apparels & Footwear Industry, Industrial Machinery, Banking, Financial Services & Insurance, Retail, Telecom, Others), By Organization Size (Large Enterprises, Small and Medium Enterprises (SMEs)), By Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2025-2034

  • Published date: July 2025
  • Report ID: 152764
  • Number of Pages: 389
  • Format:
  • Overview
  • Table of Contents
  • Major Market Players
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  • Quick Navigation

    • Report Overview
    • Key Takeaway
    • Analysts’ Viewpoint
    • U.S. Market Size
    • Technology Analysis
    • Audit Type Analysis
    • Industry Vertical Segment Analysis
    • Organization Size Analysis
    • Key Market Segments
    • Emerging Trend
    • Drivers
    • Restraint
    • Opportunities
    • Challenges
    • Key Players Analysis
    • Recent Developments
    • Report Scope

    Report Overview

    The Global Digital Transformation in Social Auditing Market size is expected to be worth around USD 32.77 billion by 2034, from USD 4.56 billion in 2024, growing at a CAGR of 21.8% during the forecast period from 2025 to 2034. In 2024, North America held a dominant market position, capturing more than a 38.4% share, holding USD 1.75 billion in revenue.

    Digital Transformation in Social Auditing Market

    Digital transformation in the social auditing market is the integration of advanced digital technologies into the processes and practices of social audits. This transformation is redefining how organizations measure, report, and improve their social and environmental impact. By leveraging tools like artificial intelligence, blockchain, and big data analytics, social audits are becoming faster, more transparent, and more reliable.

    Scope and Forecast

    Report Features Description
    Market Value (2024) USD 4.56 Bn
    Forecast Revenue (2034) USD 32.77 Bn
    CAGR (2025-2034) 21.8%
    Largest market in 2024 North America [38.4% market share]

    The most significant driving force behind digital transformation in social auditing is the rising demand for transparency and accountability. Stakeholders, including customers, investors, and regulators, expect organizations to demonstrate responsible social and environmental practices. The push for corporate social responsibility and ethical business conduct has made digital social audits a necessity.

    According to Market.us, The Global Digital Transformation Market is projected to experience substantial growth, rising from USD 829.5 billion in 2023 to approximately USD 8,567.4 billion by 2033, expanding at a robust CAGR of 26.3% between 2024 and 2033. This growth can be attributed to the accelerating adoption of cloud computing, artificial intelligence, and automation across industries.

    For instance, in March 2021, the Cloud Security Alliance and ISACA announced the availability of the industry’s first Cloud Auditing Credential, the Certificate of Cloud Auditing Knowledge (CCAK). This credential is designed to enhance professionals’ expertise in cloud auditing, equipping them with the skills necessary to evaluate and ensure the security, compliance, and performance of cloud-based systems.

    Key Takeaway

    • The global digital transformation in social auditing market is expected to rise from USD 4.56 billion in 2024 to nearly USD 32.77 billion by 2034, registering a strong CAGR of 21.8% over the forecast period.
    • In 2024, North America dominated with more than 38.4% share, generating approximately USD 1.75 billion in revenue, supported by regulatory focus and advanced digital adoption.
    • The U.S. market alone contributed about USD 1.57 billion in 2024 and is forecasted to grow at a CAGR of 19.6%, driven by corporate ESG commitments and transparency mandates.
    • By technology, cloud computing led with a 36.7% share, favored for scalability and remote audit capabilities.
    • Occupational health & fire safety audits represented the largest audit type at 25.7%, reflecting increased workplace safety priorities.
    • The food & beverage industry accounted for 21.8% of the market in 2024, due to rising consumer and regulatory scrutiny on supply chains.
    • By organization size, large enterprises dominated adoption with a commanding 68.4% share, leveraging digital tools to meet complex compliance requirements.

    Analysts’ Viewpoint

    The digital transformation of social auditing is opening up new investment opportunities. Investors are increasingly interested in companies that can demonstrate strong social governance and transparent operations. The rise of innovative funding models, such as social impact bonds, is attracting private capital into the sector.

    There is also growing interest in technology-driven audit solutions that promise better outcomes and cost savings. As more organizations prioritize sustainability, the market for digital social auditing services is expected to become even more attractive for investors seeking both financial returns and positive social impact.

    Embracing digital transformation in social auditing brings multiple business benefits. Companies experience improved operational efficiency, as digital tools automate routine tasks and streamline workflows. Enhanced audit accuracy and faster reporting enable organizations to respond quickly to issues and maintain compliance.

    The regulatory environment for social auditing is becoming more stringent as governments and international bodies introduce new standards for corporate social responsibility. Regulations now require organizations to provide detailed disclosures about their social and environmental practices. Digital transformation helps companies meet these requirements by enabling more comprehensive and verifiable audits.

    U.S. Market Size

    The market for Digital Transformation in Social Auditing within the U.S. is growing tremendously and is currently valued at USD 1.57 billion, the market has a projected CAGR of 19.6%. The market is growing tremendously due to increasing regulatory demands for comprehensive Environmental, Social, and Governance (ESG) reporting.

    Businesses are adopting digital approaches to elucidate regulations, enhance transparency, and improve data accuracy. By utilizing AI, cloud technology, and data analytics, the wide-ranging integration of these technologies is increasing efficiency by enabling remote audits that can be conducted instantly.

    For instance, in January 2024, a legal tax expert discussed the integration of AI in IRS auditing and the future of the Employee Retention Credit (ERC), highlighting the role of digital transformation in U.S. social auditing. The adoption of AI technologies in IRS audits is reshaping the auditing process by improving accuracy, streamlining workflows, and enabling more efficient data analysis.

    US Digital Transformation in Social Auditing Market

    In 2024, North America held a dominant market position in the Global Digital Transformation in Social Auditing Market, capturing more than a 38.4% share, holding USD 1.75 billion in revenue. The market holds a dominant position due to significant corporate investments in CSR initiatives, a rising demand for quality management services, and a strong emphasis on integrating social and environmental responsibilities into business strategies.

    For instance, in November 2024, Trullion, a leader in AI-powered accounting and audit technology, proudly announced its recognition as one of North America’s top 15 fastest-growing companies in Deloitte’s 2024 Technology Fast 500™. This recognition highlights Trullion’s role in driving digital transformation in social auditing.

    Digital Transformation in Social Auditing Market Region

    Technology Analysis

    In 2024, The Cloud Computing segment held a dominant market position, capturing a 36.7% share of the Global Digital Transformation in Social Auditing Market. This dominance is due to the scalability, flexibility, and cost-efficiency that cloud solutions offer, enabling real-time data access, secure storage, and seamless collaboration across geographies.

    The integration of advanced technologies like AI and data analytics into cloud computing enhances the accuracy and efficiency of social audits. Its ability to streamline audit processes while ensuring compliance and transparency has solidified its leading role in the market.

    For Instance, In June 2025, Caseware introduced a next-generation cloud audit solution tailored for audit professionals in Singapore. This platform integrates real-time collaboration, automated reporting, and data analytics, allowing teams to work more efficiently and deliver insights with greater precision. By reducing manual tasks and improving accuracy, the solution helps ensure compliance and transparency.

    Audit Type Analysis

    In 2024, the Occupational Health & Fire Safety segment held a dominant market position, capturing a 25.7% share of the Global Digital Transformation in Social Auditing Market. The demand in this sector has been driven mainly by the increasing focus on workplace safety standards, stricter regulatory requirements, and rising awareness of employee well-being.

    Companies are leveraging digital solutions to monitor, report, and improve safety compliance in real time, ensuring both legal adherence and the protection of their workforce, which has significantly contributed to the growth of this segment.

    For instance, in June 2024, Alba signed a Memorandum of Understanding (MOU) with the National Fire Protection Association (NFPA) to strengthen fire safety and occupational health measures. This collaboration is a significant step in enhancing safety standards within the workplace, ensuring that fire safety protocols and health measures are effectively integrated into operational processes.

    Digital Transformation in Social Auditing Market Share

    Industry Vertical Segment Analysis

    In 2024, Food & Beverage segment held a dominant market position, capturing a 21.8% share of the Global Digital Transformation in Social Auditing Market. This dominance is due to the increasing pressure on food companies to meet stringent regulatory requirements to ensure supply chain transparency and address consumer demand for sustainability and ethical sourcing.

    The use of digital technologies enables immediate monitoring, tracking, and compliance with social and environmental laws, improves audit efficiency, enhances company confidence among consumers and stakeholders, and drives growth in this sector.

    For Instance, in April 2025, Hummingbird Facilities earned top ratings in the BRCGS Food Safety Standard audits, demonstrating their commitment to maintaining the highest levels of food safety and compliance. This achievement highlights the critical role of rigorous auditing standards in ensuring quality and safety across the food industry.

    Organization Size Analysis

    In 2024, The Large Enterprises segment held a dominant market position, capturing a 68.4% share of the Global Digital Transformation in Social Auditing Market. This dominance is due to the ability of large organizations to invest in resources and their need to comply with stringent social and environmental regulations.

    These enterprises place a high priority on transparency, risk management, and maintaining brand reputation, which fuels the widespread adoption of advanced digital auditing technologies. Furthermore, their focus on sustainability and meeting stakeholder expectations makes them key innovators and investors in social auditing solutions, ensuring efficiency and compliance across their complex operations.

    For Instance, in April 2025, EY announced the large-scale integration of leading-edge AI technology into its global assurance technology platform. This development marks a significant step in the digital transformation of the social auditing landscape, particularly in integrating advanced technologies to drive operational improvements and transparency across industries.

    Key Market Segments

    By Technology

    • Artificial Intelligence (AI) & Machine Learning (ML)
    • Blockchain
    • Cloud Computing
    • Robotic Process Automation (RPA)
    • Data Analytics & Visualization Tools
    • Others

    By Audit Type

    • Occupational Health & Fire Safety
    • Social & Quality Management
    • Ethical Trading
    • Social Impact Assessment
    • Corporate Social Responsibility
    • Others

    By Industry Vertical

    • Food & Beverage
    • Oil & Gas
    • Apparel & Footwear Industry
    • Industrial Machinery
    • Banking, Financial Services & Insurance
    • Retail
    • Telecom
    • Others

    By Organization Size

    • Large Enterprises
    • Small and Medium Enterprises (SMEs)

    Key Regions and Countries

    • North America
      • US
      • Canada
    • Europe
      • Germany
      • France
      • The UK
      • Spain
      • Italy
      • Russia
      • Netherlands
      • Rest of Europe
    • Asia Pacific
      • China
      • Japan
      • South Korea
      • India
      • Australia
      • Singapore
      • Thailand
      • Vietnam
      • Rest of Latin America
    • Latin America
      • Brazil
      • Mexico
      • Rest of Latin America
    • Middle East & Africa
      • South Africa
      • Saudi Arabia
      • UAE
      • Rest of MEA

    Emerging Trend

    AI-Driven Auditing

    A major trend shaping digital transformation in social auditing is the integration of artificial intelligence and machine learning into audit processes. These advanced technologies are now being used to analyze vast volumes of data, spot unusual patterns, and identify risks more efficiently than traditional methods.

    AI tools help auditors move beyond simple compliance checks, enabling them to deliver deeper insights and focus on areas that matter most for organizations. This shift is making audits more proactive and insightful, while also improving fraud detection and risk assessment in real time

    Drivers

    Demand for Greater Transparency

    The push for more transparency and accountability in organizations is a strong driver behind the digital shift in social auditing. Stakeholders, including the public and regulatory bodies, expect clear, timely, and accurate reporting on social and ethical practices.

    Digital tools make it easier for auditors to collect, verify, and report data, which in turn builds trust and strengthens the credibility of audit results. The ability to access and analyze information quickly supports better decision-making and enhances the value of audits for all parties involved

    Restraint

    Data Quality and Integrity Concerns

    One of the main restraints slowing down digital transformation in social auditing is the challenge of ensuring high-quality and reliable data. The effectiveness of digital tools, especially those powered by AI, depends heavily on the accuracy and completeness of the data they process.

    Poor data quality can lead to incorrect findings, which undermines the trust in audit outcomes. Organizations must invest in robust data management practices and continuous monitoring to address these concerns and fully benefit from digital advancements

    For instance, in December 2024, a report on the OCR HIPAA audits and OIG recommendations highlighted the growing concerns surrounding data privacy and security in digital auditing. The audit findings underscore the need for healthcare organizations to enhance their compliance with privacy regulations, particularly in the handling of sensitive patient data.

    Opportunities

    Real-Time and Continuous Auditing

    Digital transformation opens up the opportunity for real-time and continuous auditing. With cloud-based platforms and advanced analytics, auditors can now monitor activities as they happen, rather than relying only on periodic checks.

    This allows for quicker identification of issues, more timely interventions, and ongoing assurance for stakeholders. Continuous auditing not only increases efficiency but also helps organizations stay agile and responsive in a rapidly changing environment

    For instance, in March 2025, OLACEFS (the Latin American and Caribbean Organization of Supreme Audit Institutions) launched a digital transformation process aimed at enhancing the capabilities of audit institutions across the region. This initiative seeks to modernize audit practices by integrating advanced technologies such as AI, cloud computing, and data analytics.

    Challenges

    Upskilling the Audit Workforce

    A significant challenge in this digital journey is equipping auditors with the right skills to use new technologies effectively. As digital tools become more complex, auditors need to develop both technical and analytical capabilities to interpret results and provide meaningful recommendations.

    The need for ongoing training and adaptation can be difficult, especially for smaller firms or those with limited resources. Without the right skills in place, the benefits of digital transformation may not be fully realized, and the risk of errors or misinterpretations increases.

    Key Players Analysis

    SAP SE, Microsoft Corporation, and Oracle Corporation are leading players in digital transformation within social auditing. These firms offer enterprise-grade platforms that integrate auditing workflows with analytics, compliance monitoring, and ESG reporting. Their cloud-based solutions help organizations collect, manage, and visualize supplier data across global operations.

    IBM Corporation, Qlik Technologies, Sisense Inc., and Tableau Software have established strong capabilities in data visualization and AI-driven insights. These companies empower businesses to assess labor conditions, ethics compliance, and supplier risk through real-time dashboards and predictive models. Their platforms support seamless integration with third-party audit data and sustainability indices, enabling continuous monitoring of social impact.

    Domo Inc., Infor Inc., Zoho Corporation, ThoughtSpot, TIBCO Software, and MicroStrategy are contributing to accessible and cost-efficient digital auditing. These companies focus on self-service analytics, mobile-first interfaces, and low-code platforms that support rapid deployment. Their tools allow auditors and compliance officers to track key social metrics, generate customizable reports, and respond swiftly to violations.

    Top Key Players in the Market

    • SAP SE
    • Microsoft Corporation
    • Oracle Corporation
    • IBM Corporation
    • Qlik Technologies
    • Sisense Inc.
    • Tableau Software
    • Domo Inc.
    • Infor Inc.
    • Zoho Corporation
    • ThoughtSpot, Inc.
    • TIBCO Software Inc.
    • MicroStrategy Incorporated
    • Others

    Recent Developments

    • In October 2024, CA ANZ and ACCA released a comprehensive guide aimed at enhancing the adoption of digital auditing standards across the accounting and auditing sectors. The guide focuses on integrating advanced technologies, such as AI and cloud computing, to improve audit processes, ensure transparency, and streamline compliance with evolving regulatory frameworks.
    • In August 2024, Xero announced a new partnership with Caseware, a leading audit and accounting platform, to enhance its audit capabilities. This collaboration will integrate Caseware’s advanced tools with Xero’s accounting software, enabling businesses to streamline their audit processes.

    Report Scope

    Report Features Description
    Base Year for Estimation 2024
    Historic Period 2020-2023
    Forecast Period 2025-2034
    Report Coverage Revenue forecast, AI impact on market trends, Share Insights, Company ranking, competitive landscape, Recent Developments, Market Dynamics and Emerging Trends
    Segments Covered By Technology (Artificial Intelligence (AI) & Machine Learning (ML), Blockchain, Cloud Computing, Robotic Process Automation (RPA), Data Analytics & Visualization Tools, Others), By Audit Type (Social & Quality Management, Occupational Health & Fire Safety, Ethical Trading, Social Impact Assessment, Corporate Social Responsibility, Others), By Industry Vertical (Food & Beverage, Oil & Gas, Apparels & Footwear Industry, Industrial Machinery, Banking, Financial Services & Insurance, Retail, Telecom, Others), By Organization Size (Large Enterprises, Small and Medium Enterprises (SMEs))
    Regional Analysis North America – US, Canada; Europe – Germany, France, The UK, Spain, Italy, Russia, Netherlands, Rest of Europe; Asia Pacific – China, Japan, South Korea, India, New Zealand, Singapore, Thailand, Vietnam, Rest of Latin America; Latin America – Brazil, Mexico, Rest of Latin America; Middle East & Africa – South Africa, Saudi Arabia, UAE, Rest of MEA
    Competitive Landscape SAP SE, Microsoft Corporation, Oracle Corporation, IBM Corporation, Qlik Technologies, Sisense Inc., Tableau Software, Domo Inc., Infor Inc., Zoho Corporation, ThoughtSpot, Inc., TIBCO Software Inc., MicroStrategy Incorporated, Others
    Customization Scope Customization for segments, region/country-level will be provided. Moreover, additional customization can be done based on the requirements.
    Purchase Options We have three license to opt for: Single User License, Multi-User License (Up to 5 Users), Corporate Use License (Unlimited User and Printable PDF)
    Digital Transformation in Social Auditing Market
    Digital Transformation in Social Auditing Market
    Published date: July 2025
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    • SAP SE Company Profile
    • Microsoft Corporation Company Profile
    • Oracle Corporation
    • IBM Corporation
    • Qlik Technologies
    • Sisense Inc.
    • Tableau Software
    • Domo Inc.
    • Infor Inc.
    • Zoho Corporation
    • ThoughtSpot, Inc.
    • TIBCO Software Inc.
    • MicroStrategy Incorporated
    • Others

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