The global Digital Transformation market is forecasted to grow at a rate of 20.96% CAGR from 2020 to 2027, rising from value of USD 221.43 Billion in 2019 to USD 1102.32 Billion in 2027. The study provides an overall insight into the factors responsible for the growth in the Digital Transformation market. Owing to rising urbanization and digitalization across the world, organizations are switching towards using technology driving solutions to match the rapid pace of business growth and implementation of techniques in today’s scenario. Parallel growth of end user Industries like BFSI and Healthcare sectors is expected to drive the digital transformation market. Furthermore, digital transformation has helped organizations in expanding customer base through better interactions and swifter customer support services.
The latest study is touted as the first document to include a thorough examination of the Digital Transformation market’s present situation in view of COVID-19. Since the advent of the pandemic and the subsequent lockdown restrictions, the global business sector has been grappling with adverse financial consequences.
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Global Digital Transformation Market: Segmentation
Under the segmental analysis, the most vital segments of the Digital Transformation business sector have been highlighted. This section helps the targeted readers, as well as the companies involved in this sector, make optimal business decisions, and boost their COVID-19 preparedness. The regional outlook of the market provides valuable insights into the regional contribution to the consistent growth of the Digital Transformation market. Here, the current and future market valuations have been assessed considering the demand-supply dynamics and pricing structures of the leading regional segments.
The leading market contenders listed in the report:
IBM Corporation, Microsoft Corporation, SAP, Dell EMC, Google, Accenture PLC, CA Technologies, Cognizant, Adobe Systems, Oracle Corporation, Hewlett Packard Enterprise, HCL Technologies, TIBCO Software, Marlabs, and Equinix.
Market Segmentation by product type:
Market Segmentation by application:
Market Segmentation by region:
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Highlights of the TOC:
Chapter 1. Market Synopsis
1.1. Market Definition
1.2. Research Scope & Premise
1.4. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Indicative Metrics
Chapter 4. Digital Transformation Market Segmentation & Impact Analysis
4.1. Digital Transformation Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.3. Advent of technologies like ai, ml, cloud computing and iot
4.2.4. Increased efficiency, predictive maintenance & reduction if required
4.2.5. Market restraints analysis
4.2.6. Low awareness regarding benefits of using virtual sensors
4.2.7. Stigma among SMEs against using cloud based services.
4.3. Technological Insights
4.4. Regulatory Framework
4.5. ETOP Analysis
4.6. Porter’s Five Forces Analysis
4.7. Competitive Metric Space Analysis
4.8. Price trend Analysis
4.9. Customer Mapping
4.10. Covid-19 Impact Analysis
4.10.1. Outlook for Q1 2020
4.10.2. Outlook for Q2 2020
4.10.3. Outlook for Q3 2020
4.10.4. Outlook for Q4 2020
4.11. Global Recession Influence
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