Digital Transformation as the integration of digital technology into all areas of a business resulting in fundamental changes to how businesses operate and how they deliver value to customers. The rise of cloud computing, big data, Internet of Things (IoT), and artificial intelligence (AI) are driving a digital and intelligent transformation of enterprises. With the in-depth integration of IT and enterprises, profound changes will take place in the production method, enterprise organization, product mode, and service mode of the industry.
Scope of the Report:Digital Transformation are mainly classified into the following types: Cloud Based, AI, LoT and Other. Cloud Based is the most widely used type which took up about 49.38% of the total in 2019 in Global.
Digital Transformation have wide range of applications, such as Manufacturing, Retail, BFSI, Government, Healthcare, IT and Telecom. And Manufacturing was the most widely used area which took up about 56.49% of the global total in 2019.
The global Digital Transformation market is valued at 263.4 million USD in 2020 and is expected to reach 472.6 million USD by the end of 2026, growing at a CAGR of 12.4% between 2020 and 2026.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Digital Transformation.
Europe also play important roles in global market, with market size of xx million USD in 2020 and will be xx million USD in 2026, with a CAGR of xx%.
This report studies the Digital Transformation market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Digital Transformation market by product type and applications/end industries.
Market Segment by Companies, this report covers IBM
Oracle
Google
Microsoft
Cisco
SAP SE
Dell
Hewlett Packard
Adobe Systems
Capgemini Group
Kelltontech Solutions
Accenture
Fujitsu
Hitachi
Alibaba
Huawei
Market Segment by Regions, regional analysis covers North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers Cloud Based
AI
IoT
Other
Market Segment by Applications, can be divided into BFSI
Government
Healthcare
IT and Telecom
Manufacturing
Retail
Others
Frequently Asked Questions
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
- By Type
- By Application
- By Region
- By Country
- By Manufacturer
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.