Businesses do not choose to transform because it is costly and hazardous. Businesses undergo change when they fail to evolve. Businesses may be drawn to digital transformation for a variety of reasons. However, the most crucial factor is that they must survive and flourish in this vast market among competitors. To satisfy changing company and market requirements, digital transformation is required to establish new or adapt existing business processes, culture, and customer experiences. It extends beyond typical jobs such as sales, marketing, and customer service. The way you think about and interact with clients is where digital transformation begins and finishes. With digital transformation, businesses are taking a step back and examining everything they do, from internal systems to online and in-person customer interactions.
Digital Transformation Market Overview:
This Digital Transformation Market analysis examines present and developing market trends and dynamics in the worldwide level sensor market. Digital Transformation In-depth market forecasting for the main market segments between 2021 and 2027 is carried out. Extensive Digital Transformation market analysis is carried out by attentively monitoring important product positioning and the market framework's top competitors. Key competitors are profiled and their tactics are extensively examined to grasp the competitive perspective of the Digital Transformation market.
The COVID-19 pandemic has had a severe influence on the worldwide Digital Transformation business. Digital Transformation production facilities have been suspended due to downturn and personnel scarcity. The COVID-19 pandemic has resulted in a severe and prolonged decline in production utilization, and travel bans and facility closures have kept employees away from their facilities, resulting in a slowdown in the growth of the Digital Transformation market in 2020. However, the negative impact of COVID-19 on the Digital Transformation market is projected to be temporary, and the industry is predicted to rebound rapidly by early 2021, owing to the high demand for Digital Transformation .
Key Insights:
Digital Transformation Market size was valued at US$ 512.94 Bn. in 2022 and the total revenue is expected to grow at a CAGR of 23.6% through 2022 to 2029, reaching nearly US$ 2263.45 Bn.
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Digital Transformation Market Scope:
The research includes an up-to-date study of the current Digital Transformation market landscape, as well as the most recent trends and drivers, as well as an overview of the overall Digital Transformation market environment. The market is being driven by increased demand for Digital Transformation . The Digital Transformation market study looks at the technology, end-user, and type categories, etc. as well as the regional landscape.
Digital Transformation Market Drivers:
Digital transformation is the integration of digital technology into all aspects of a business, resulting in fundamental changes in how businesses run and how organisations give value to customers. It entails an organisation completely reimagining how to employ updated technology to develop new goods, services, revenue streams, and business models in order to stay ahead of competition. Various organisations have implemented digital business, and digital transformation is expected to increase in the next years. Furthermore, the majority of the prominent organisations are working to integrate updated digital initiatives into their businesses and generate money from digital activities.
Digital Transformation Market Segmentation:
by Solution
Cloud Computing
Big Data
Mobility
Social Media
Artificial Intelligence
Cyber security
AR/VR
Robotic Process Automation
Others
by Services
Training
Maintenance
Consulting
by Deployment Type
On-Premises
Cloud
by Enterprise Size
Large Enterprise
SMEs
by Vertical
BFSI
Telecom & IT
Automotive
Education
Retail & Consumer Goods
Media & Entertainment
Manufacturing
Government
Aviation & Defense
Transportation
Other
Table Of Content:
1. Preface
1.1. Report Scope and Market Segmentation
1.2. Research Highlights
1.3. Research Objectives
2. Assumptions and Research Methodology
2.1. Report Assumptions
2.2. Abbreviations
2.3. Research Methodology
2.3.1. Secondary Research
2.3.1.1. Secondary data
2.3.1.2. Secondary Sources
2.3.2. Primary Research
2.3.2.1. Data from Primary Sources
2.3.2.2. Breakdown of Primary Sources
3. Executive Summary: Global Digital Transformation Market Size, by Market Value (US$ Bn)
4. Market Overview
4.1. Introduction
4.2. Market Indicator
4.2.1. Drivers
4.2.2. Restraints
4.2.3. Opportunities
4.2.4. Challenges
4.3. Porter’s Analysis
4.4. Value Chain Analysis
4.5. Market Risk Analysis
4.6. SWOT Analysis of major players
4.7. Industry Trends and Emerging Technologies
4.8. Patent Registration
4.9. Four Corner Analysis of Companies
4.10. SOVR analysis of market
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Key Players:
The market research study includes thorough quantitative insights that offer a clear picture of the market potential in numerous categories, as well as country-by-country analysis in each covered area. The study examines the market's main affecting elements, as well as detailed company profiles of….
1. Google
2. Oracle
3. Microsoft
4. IBM
5. Cognizant
6. Dell EMC
7. Adobe Systems Inc.
8. Accenture
9. Atos Origin
10.Hewlett-Peckard
11.MSG Systems
12.Capgemini
13.SAP SE
14.CA Technologies
15.Kellton Tech Solutions Ltd
16.iOLAP
17.Telstra Global
18.Fujitsu Global
19.Philips
20.Itizzimo
21.Softstone
22.Stratford Managers Corporation
23.TCS
24.Infosys
25.Infogain
26.L&T Infotech
Regional Analysis:
The region segment of the Digital Transformation Market analysis also contains individual market influencing aspects and changes in market regulations that affect current and future market trends. Data points such as downstream and upstream value chain analysis, technological trends, porter's five forces analysis, and case studies are just a few of the indicators used to forecast market scenarios for various areas. When analyzing prediction data for the region, the existence and availability of players, as well as the difficulties they encounter owing to large or low to none rivalry from local and domestic brands, are all taken into account.
Key Questions Answered in the Digital Transformation Market Report are:
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