Digital Transformation Market 2020-2025: Key Findings, Regional Study, Emerging Technologies, Business Trends, Industry Segments and Future Prospects

Digital Transformation Market 2020-2025: Key Findings, Regional Study, Emerging Technologies, Business Trends, Industry Segments and Future Prospects

“Digital Transformation Market”
Global Digital Transformation Market was valued at USD 250.65 Billion in 2018 and is expected to reach USD 817.05 Billion by 2025 growing at a CAGR of 18.87% during the forecast period 2019–2025 and Digital Transformation Market Research Report: by Technology (Cloud Computing, Big Data & Analytics, Artificial Intelligence (AI), Internet of things (IoT), Blockchain)

Digital Transformation Market Segmentation:

By Technology, the market has been segmented into cloud computing, big data & analytics, artificial intelligence (AI), internet of things (IoT), blockchain, and others. By deployment, the market has been segmented into on-premise and on-cloud.

By organization size, the market has been segmented into small- and medium-sized enterprises and large enterprises. By vertical, the market has been categorized into BFSI, healthcare, IT and telecommunication, government, retail, education, and media & entertainment among others

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Major Key Players:

MRFR has considered IBM Corporation (US), Microsoft Corporation (US), SAP SE (Germany), Google (US), Dell EMC (US), Accenture Plc (Ireland), Cisco Systems, Inc. (US), Oracle Corporation (US), Tibco Software Inc (US), Hewlett Packard Enterprise (US), Cognizant (US), Marlabs (US), Equinix Inc. (US), CA Technologies (US), Rockwell Automation Inc. (US), Salesforce.com, Inc. (US) and HCL Technologies (India) as some of the key players in the Global Digital Transformation market.

Regional Analysis

The market for Digital Transformation Market Is Estimated to grow at a CAGR of 18.87% during the forecast period from 2019 to 2025. The geographic analysis of the digital transformation market has been done for North America (the US, Canada, and Mexico), Europe (Germany, the UK, France, Spain, Norway, Benelux, and Italy), Asia-Pacific (China, Japan, India, South Korea, Australia, Malaysia, Indonesia, and the Philippines), Middle East and Africa (Saudi Arabia, Israel, Turkey, and South Africa) and South America (Brazil, Peru, Chile, and Argentina).

North America is currently dominating the global digital transformation market. The US followed by Canada is leading the market. Well-established infrastructure, developed economy, and availability of skilled experts in the US are some of the prime factors driving the digital transformation market in the country. Furthermore, BFSI, communications, retail, and government are the key markets in the US for digital transformation.

Europe is the second-highest contributor in terms of market share in the global digital transformation market. Enterprises across the UK, Germany, Spain, and Norway, among others, are witnessing significant adoption of digital technologies such as cloud computing, AI, and IoT in order to streamline their business operations and production facilities. 

Asia-Pacific region is projected to grow at the fastest CAGR in the global digital transformation market. Growing adoption of cloud-based services and government initiatives supporting digitalization across countries has increased the demand for cloud-based and AI-enabled solutions. Furthermore, the growing number of SMEs across the region opting for cloud-based services is further contributing to the market growth.

Segmentation:

The Global Digital Transformation Market has been segmented on the basis of Technology, Deployment, Organization Size, Vertical, and Region.

  • By Technology, the market has been segmented into cloud computing, big data & analytics, artificial intelligence (AI), internet of things (IoT), blockchain, and others.
  • By Deployment, the market has been segmented into on-premise and on-cloud.
  • By Organization Size, the market has been segmented into small and medium-sized enterprises and large enterprises.
  • By Vertical, the market has been categorized into BFSI, healthcare, IT and telecommunication, government, retail, education, and media & entertainment among others.
  • By Region, the market has been segmented into North America, Europe, Asia-Pacific, the Middle East and Africa, and South America.

Table of Contents

1 Executive Summary

2 Scope of The Report

2.1 Market Definition

2.2 Scope of The Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

Continued…

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List of Tables

Table1 Global Digital Transformation Market, By Country, 2019–2025

Table2 North America: Digital Transformation Market, By Country, 2019–2025

Table3 Europe: Digital Transformation Market. By Country, 2019–2025

Table4 Asia-Pacific: Digital Transformation Market By Country, 2019–2025

Table5 North America: Digital Transformation Market, By Country

Continued…

List of Figures

Figure 1 Global Digital Transformation Market Segmentation

Figure 2 Forecast Methodology

Figure 3 Porter’s Five Forces Analysis of The Global Digital Transformation Market

Figure 4 Value Chain of Global Digital Transformation Market

Figure 5 Share of The Digital Transformation Market In 2018, By Country (In %)

Continued…

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