The Global Digital Transformation Market study provides readers with accurate insights by analyzing current and future market trends and pointing them toward the goods and services that are driving revenue growth and profitability. The study conducts a thorough analysis of all the key aspects affecting the market on a global and regional basis, including drivers, limitations, threats, challenges, prospects, and industry-specific trends. The research also discusses the state of the global market and the competition environment for the top players.
Global Digital Transformation Market size was valued at US$ 336.14 Bn. in 2020 and the total revenue is expected to grow at a CAGR of 23.6% through 2021 to 2027, reaching nearly US$ 1,481.32 Bn.
Digital Transformation Market Overview:
A research team conducted extensive primary and secondary research for the Digital Transformation market study of the global market. In order to augment already-existing data, segment the market, calculate the overall market size, and project market size and growth rate, secondary research was conducted.
Market revenue is determined by primary and secondary research, and market leaders are recognised through these two methods. In-depth interviews with influential thought leaders and business leaders, including CEOs and marketing executives, were conducted as part of the main study.
As part of the primary research, extensive interviews with key opinion leaders and business leaders, including CEOs and marketing executives, were done. As part of the secondary research, the annual and financial reports of the major manufacturers were examined. Global market percentage splits, market shares, growth rates, and breakdowns are produced from secondary sources and validated against primary data.
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Market Scope:
The report contributes to a better knowledge of the global Digital Transformation market’s dynamic structure by identifying and assessing market segments and estimating market size. The report also contains a comparison of key firms’ pricing, financial standing, application growth objectives, and regional presence. To assist shareholders in prioritising their efforts and investments in the global Digital Transformation market, the study also contains a PESTLE analysis.
Decision-makers now have a clear picture of the future of the market thanks to the investigation of external and internal factors that are expected to either benefit or harm enterprises. Through the analysis of market segmentation and projections of market size, the study also contributes to an understanding of the dynamic structure of the global Digital Transformation market. The study is a resource for investors by giving a thorough representation of the competitive analysis of significant organizations in the Global Digital Transformation Market based on price, financial position, growth strategies, and geographic presence.
Segmentation:
There are two market segments: On-Premises and Cloud. By 2027, the segment for cloud deployment is anticipated to have the biggest market share of. 60 percent of the market was accounted for by cloud deployment in 2019, and it is anticipated that this trend would continue from 2021 to 2027. Data and information can be easily accessed from any location at any time with the help of a cloud deployment solution. Due to these advantages, businesses are embracing cloud deployment on a wide scale. It also entails pay per usage, which is economical for a company. These are the primary factors that, between 2021 and 2027, will propel this segment’s expansion in the global market.
Top Companies in the Global Digital Transformation Market:
• Google
• Oracle
• Microsoft
• IBM
• Cognizant
• Dell EMC
• Adobe Systems Inc.
• Accenture
• Atos Origin
• Hewlett-Peckard
• MSG Systems
• Capgemini
• SAP SE
• CA Technologies
• Kellton Tech Solutions Ltd
• iOLAP
• Telstra Global
• Fujitsu Global
• Philips
• Itizzimo
• Softstone
• Stratford Managers Corporation
• TCS
• Infosys
• Infogain
• L&T Infotech
Regional Analysis:
The Digital Transformation Market is examined at the national level with a focus on nations with the largest market shares, categories with the potential for strong growth, and categories. The regional breakdowns in the Digital Transformation Market research include North America (USA, Canada), South America, Asia Pacific (China, Japan, India, Korea), Europe (Germany, UK, France, Italy), and other nations.
COVID-19 Impact Analysis on Digital Transformation Market: The report covers COVID-19 impact on Digital Transformation market.
Key Questions Answered in the Digital Transformation Market Report are:
- What will the CAGR of the Digital Transformation market be during the forecast period?
- In the Digital Transformation market, which market segment has become the market leader?
- Which companies dominate the Digital Transformation market?
- In 2029, how big will the Digital Transformation market be?
- Which company held the largest proportion of the Digital Transformation market?
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