According to a new market research report published by Global Insight Services “Digital Transformation Market is expected to reach US$ XX bn by 2031”. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Digital transformation is the process of using digital technologies to create new or modify existing business processes, products, and services to deliver value to customers and employees.
Through digital transformation, organizations can use technology to create new revenue streams, improve operational efficiency, and enhance customer experiences. When done right, digital transformation can help organizations become more agile, adaptive, and competitive in the marketplace.
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Key Players
- SAP
- IBM Corporation
- Oracle Corporation
- Google Inc.
- Cognizant
- Accenture
Key Trends and Drivers
The major drivers for this market are the increasing adoption of cloud-based solutions, big data and analytics, and the Internet of Things (IoT).
The key trends in digital transformation market include the increasing adoption of digital technologies, the increasing need for organizations to reduce costs, the increasing focus on customer experience, and the increasing demand for faster and more efficient services.
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Market Segments
By Deployment
- Cloud
- On-Premises
By Organization Size
- Small and Medium-sized Enterprises (SMEs)
- Large Enterprises
By Technologies
- Cloud Computing
- Big Data and Analytics
- Mobility/Social Media
- Cybersecurity
- AI
- IoT
By Industrial Vertical
- BFSI
- Retail and eCommerce
- IT and Telecom
- Healthcare and Life Sciences
- Education
- Government and Defense
- Media and Entertainment
- Manufacturing
Reasons to buy Digital Transformation Market Report:
- Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
- Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
- Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
- Develop business and M&A strategies through understanding of latest trends and emerging players in the market
- Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
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Key Questions answered in the report:
- How is the market structured and what the key drivers and trends of this industry?
- How is the market segmented and what is the size of each segment?
- Which segments and geographies provide best growth opportunities?
- What’s the competitive landscape and positioning of players in this market?
- What is the impact of latest events such as Covid-19 and Russia-Ukraine conflict on the market?
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About Global Insight Services:
Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.
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