US $ 3,546.80 Billion Global Digital Transformation Market Size Outlook By Share, Future Growth and Forecast 2021-2028
Posted on Jul 5 2022 5:00 AM
"Digital Transformation Market Size, Share,& Analysis, By Technology (Cloud Computing, Big Data and Analytics, Cybersecurity, Artificial Intelligence (AI), Internet of Things (IoT)), By Enterprise Size (Large Enterprises, SMEs), By Deployment Model (On-Premises, Cloud), By Industry Vertical ( BFSI, Manufacturing, IT and Telecommunications, Retail and Consumer Goods, Healthcare), and Regional Forecast, 2021-2028 "
The global “Digital Transformation Market Size ” is expected to rise with an impressive CAGR and generate the highest revenue by 2026. Fortune Business Insights™ in its latest report published this information. The report is titled "Digital Transformation Market Size 2022, Share & Trends Forecast". The report discusses research objectives, research scope, methodology, timeline and challenges during the entire forecast period.
The report evaluates the important characteristics of the market based on present industry scenarios, market demands and business strategies. Also, the research report separates the industry based on the Digital Transformation Market share, types, applications, growth factor, key players and regions.
|Market Size Value in 2020||USD 737.88 Billion|
|Growth Rate||CAGR of 22.1 % from 2021-2028|
|Revenue forecast in 2028||USD 3,546.80 Billion|
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Drivers & Restraints-
Increasing Adoption of Cloud Computing & Big Data to Favor Growth
Several enterprises are slowly entering into a new customer engagement era stoked by the evolving regulatory environment and rapid technological changes. In this era, digital technologies are considered to be essential. Hence, these companies are adopting artificial intelligence, cloud computing, and big data technologies to bolster the organizational growth. They are striving to change conventional business models to modern strategies. However, the increasing risks of security breaches and cyber-attacks may hinder the digital transformation market growth in the near future.
Companies involved in the global Digital Transformation Market research report are:
- Amazon Web Services (Washington, United States),
- Oracle Corporation (California, United States),
- Microsoft Corporation (Mexico, United States),
- VMware, Inc. (California, United States),
- SAP SE (Walldorf, Germany),
- IBM Corporation (New York, United States),
- com Inc. (California, United States),
- HCL Technologies Limited (Noida, India),
- Wipro Limited (Bengaluru, India),
- Accenture plc (Dublin, Ireland),
- Cisco Systems, Inc. (California, United States).
This research study made extensive use of secondary sources, directories, and databases such as Hoover’s, Bloomberg BusinessWeek, Factiva, and OneSource to identify and collect information useful for a technical, market-oriented, and commercial study of the global portable generator market. Other secondary sources included company annual reports, press releases, and investor presentations, white papers, certified publications, articles by recognized authors, manufacturer associations, trade directories, and databases.
Various sources from both the supply and demand sides were interviewed during the primary research process to obtain qualitative and quantitative information for this report. Primary sources included industry experts from the core and related industries, as well as preferred suppliers, manufacturers, distributors, technology developers, researchers, and organizations from all segments of the value chain of this industry. To obtain and verify critical qualitative and quantitative information, in-depth interviews were conducted with a variety of primary respondents, including key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants.
Estimation of Market Size
The total size of the Digital Transformation Market was estimated and validated using both top-down and bottom-up approaches. These methods were also widely used to estimate the size of various market sub segments. The following research methodologies were used to estimate market size:
Extensive secondary research was used to identify the industry’s key players.
The revenues generated by the market’s leading players in molecular diagnostics have been determined through primary and secondary research.
All percentage shares, splits, and breakdowns were calculated using secondary sources and confirmed using primary sources.
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What exactly is included in Digital Transformation Market Report?
- Industry Trends and Developments: In this section, the authors of the research discuss the significant trends and developments that are occurring in the Digital Transformation Market place, as well as their expected impact on the overall growth.
- Analysis of the industry’s size and forecast: The industry analysts have provided information on the size of the industry from both a value and volume standpoint, including historical, present and projected figures.
- Future Prospects: In this portion of the study, participants are presented with information about the prospects that the industry is likely to supply them with.
- The Competitive Landscape: This section of the study sheds light on the competitive landscape of the Digital Transformation Market growth by examining the important strategies implemented by vendors to strengthen their position in the market.
- Study on Industry Segmentation: This section of the study contains a detailed overview of the important segments, which include product type, application, and vertical, among others.
- In-Depth Regional Analysis: Vendors are provided with in-depth information about high-growth regions and their particular countries, allowing them to place their money in more profitable areas.
Geographic Segment Covered in the Report:
The Digital Transformation Market report offer insights and statistics about the market area which is further also divided into sub-regions and countries. For the purpose of this study, the report has been segmented into following regions and countries-
- North America (USA and Canada)
- Europe (UK, Germany, France and the rest of Europe)
- Asia Pacific (China, Japan, India, and the rest of the Asia Pacific region)
- Latin America (Brazil, Mexico, and the rest of Latin America)
- Middle East and Africa (GCC and rest of the Middle East and Africa)
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Table of Content:
- Research Scope
- Market Segmentation
- Research Methodology
- Definitions and Assumptions
- Market Drivers
- Market Restraints
- Market Opportunities
- Value Chain
- Key Mergers, Acquisitions, Partnerships, etc.
- Covid-19 Impact on the Market
Fortune Business Insights™ delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses. Our aim is to empower them with holistic market intelligence, providing a granular overview of the market they are operating in.
Name: Ashwin Arora
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