Digital Transformation Market : A Deep Dive into the Industry’s Key Applications and Technologies
The latest research report by Emergen Research, named ‘Global Digital Transformation Market – Forecast to 2030. The coronavirus outbreak has led to drastic changes in the current Digital Transformation Market business landscape, limiting the growth opportunities for various manufacturers and buyers for the next few years. Besides making speculations about the market’s post-COVID-19 scenario, the report discusses its existing situation. The report eventually offers conclusive data related to the Digital Transformation Market growth assessed on both regional and global levels.
The global digital transformation market size reached USD 492.43 Billion in 2021 and is expected to register a revenue CAGR of 20.8% during the forecast period, according to the latest analysis by Emergen Research. Increasing awareness among organizations to adopt digital technology is the key factor driving market revenue growth.The process of using digital technology to develop new or modify existing business processes, culture, and customer experiences to meet changing business and market requirements is known as digital transformation. Digital transformation is frequently fueled by customer expectations. Businesses must embrace digital transformation if they want to succeed. A lot of businesses think they need to change to keep up with the evolving market forces brought on by digitization. 56% of businesses intend to prioritize digital transformation by 2021.
The global digital transformation market size reached USD 492.43 Billion in 2021 and is expected to register a revenue CAGR of 20.8% during the forecast period, according to the latest analysis by Emergen Research. Increasing awareness among organizations to adopt digital technology is the key factor driving market revenue growth.The process of using digital technology to develop new or modify existing business processes, culture, and customer experiences to meet changing business and market requirements is known as digital transformation. Digital transformation is frequently fueled by customer expectations. Businesses must embrace digital transformation if they want to succeed. A lot of businesses think they need to change to keep up with the evolving market forces brought on by digitization. 56% of businesses intend to prioritize digital transformation by 2021.
Scope of the Global Digital Transformation Market Report The report performs an accurate estimation of the Digital Transformation Market growth prospects of the different market segments by studying the current market scenario, past performance, demand and supply ratio, production, consumption, sales, and revenue generation of the key players in the upcoming years. The market segmentation provides a 360° view of the Digital Transformation Market industry, which turns out to be beneficial for readers interested in this sector.
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Major companies in the market include
IBM, SAP SE, Oracle, Microsoft Corporation, Accenture, Google LLC, HCL Technologies Limited, Hewlett Packard Enterprise Development LP, Cisco Systems, Inc., Alibaba Cloud, Broadcom, Marlabs, Cognizant, and Capgemini.
Covid impact analysis:
The report considers Digital Transformation Market COVID-19 as a key contributor of the dynamically altered market scenario. The report covers a comprehensive impact analysis of the global health crisis on the overall growth of the market. Furthermore, the report covers the current and future impact of the COVID-19 crisis on the market and its key segments. The report is refurbished with the impact of the recent COVID-19 pandemic on the global Digital Transformation Market . The pandemic has dynamically changed the economic scenario of the world and has affected several segments of the Digital Transformation Market . The research report focuses on the present and future impact of this crisis to provide an extensive analysis of the market post-COVID-19 crisis.
The objective of the Digital Transformation Market study :
is to define Digital Transformation Market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market.
Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
To learn more details about the report visit @ https://www.emergenresearch.com/industry-report/digital-transformation-market
Emergen Research has segmented the global digital transformation market on the basis of component, deployment, organization size, end-use, and region:
· Component Outlook (Revenue, USD Billion; 2019-2030)
- Solutions
- Services
· Deployment Outlook (Revenue, USD Billion; 2019-2030)
- Cloud
- On-Premises
· Organization Size Outlook (Revenue, USD Billion; 2019-2030)
- Large Enterprise
- Small & Medium Enterprise
· End-Use Outlook (Revenue, USD Billion; 2019-2030)
- BFSI
- Healthcare
- Manufacturing
- IT & Telecom
- Government
- Retail
- Media and Entertainment
- Others
Digital Transformation Market Geographical Overview:
The latest report broadly categorizes the global Digital Transformation Market into several geographical terrains, including North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
The study is inclusive of essential information relevant to each region in this broad industry segment, along with the key drivers of the regional market growth.
The report further estimates the revenue accumulated by these regions over the forecast period.
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