Transformation Market: Overview
The Global Digital Transformation Market is
anticipated to grow at a significant rate, during the forecast period
2019-2025. Digital transformation is the method of using digital technologies
to generate new or alter existing business processes, crocesses, culture, and customer proficiencies
to meet changing business and market necessities. This reconceptualize of
business in the digital age is digital transformation. Digital
transformation aids an establishment to compete well in an economic landscape
that's persistently changing as technology advances. The growth in penetration
of IoT-based products and devices in day to day life, increase in the usage of
mobile devices and apps, and rise in dependency of business on IoT based
products and solutions are vital factors anticipated to encourage the growth of the digital
transformation market in the upcoming period.
With the advent of AI, machine learning and rapid
deployment of IoT & connected infrastructure will contribute to the growth
of the Digital Transformation market. In addition, digitalizing organizational
business functions to serve changing customer preferences and enhance
operational efficiency coupled with increasing penetration of IoT and adoption
of cloud services, are other factors estimated to accelerate the growth of the
market in the upcoming years.
Additionally, an upsurge in applications of digital
transformation in business organizations for mitigating risks and handling
disruption such as marketplace fluctuation, corporate restructuring, and
geopolitical environment that are unanticipated, that can lead to the
unpredictable result. Furthermore, growing adoption of Digital Transformation
by many organizations in streamlining their operations to save time, efforts,
and money by replacing traditional processes with automation is expected to
escalate the global digital transformation in upcoming years.
Market Technology analysis
On the basis of Technology, the Digital
Transformation market has been segmented into Cloud Computing, Big Data &
Analytics, Mobility/Social Media, Cybersecurity and Artificial Intelligence.
Intelligence segment is projected to dominate the global Digital Transformation
Market owing to its application like builds data models automatically in
digital forms. Cloud Computing will boom its features like with cost-efficient,
as this solution can be deployed even with a basic on-premises IT infrastructure.
Transformation Market Deployment Analysis
On the basis of Deployment, the Digital
Transformation market has been categorized into Hosted and On-premise. The
hosted segment will lead the market owing to its features like increased flexibility
and enables large-scale customization of products and services for
organizations. On-premise will bolster by its application in improving cost
structures and setting up a control center for coordinating and arranging
various components of the supply chain.
Transformation Market Enterprise Size Analysis
On the basis of Enterprise Size, the Digital
Transformation market has been categorized into Large Enterprise and Small
& Medium Enterprise. Small & Medium Enterprise segment will dominate
the market due to less expensive devices and better emphasis on cloud
computing, therefore making it much more suitable for SMEs to streamline their
Enterprise grows by rapid advancements in the cloud technology and the
introduction of cutting-edge technologies such as artificial intelligence,
Internet of Things (IoT), and advanced data analytics.
Transformation Market End-User Industry Analysis
On the basis of End-User Industry, the Digital
Transformation market has been segmented into BFSI, Telecom, Healthcare,
Utility, Retail, Automotive, ICT, and Others. By End-User Industry, Healthcare
will lead the market in the account of increasing demand for electronic data
across operation channels and patient outreach. BFSI will boost by the growing
use of digital technologies in the BFSI helps in streamlining and centralizing
and communication channels and leveraging digitally integrated financial processes.
The regional analysis of
Digital Transformation Market
On the basis of region, the Digital
Transformation Market has been segmented into North America, Europe, Asia
Pacific, Middle East & Africa, and Latin America. North America dominates
the global Digital Transformation market over the forecast period due to accumulative
penetration of the internet and the enhanced use of the different type of
online payment modes, exclusively in the retail sector. The Asia Pacific will
be the fastest growing segment owing to the rising awareness regarding the
benefits of switching to the cloud, along with swift technological
The objective of the
To analyze and forecast the market size of the
global Digital Transformation Market, in terms of value.
To examine the careful market segmentation and
forecast the market size, in terms value, on the basis of the region by
segmenting Digital Transformation market into five regions, namely, North
America, Europe, Asia Pacific, Middle East, and their leading countries.
To outline, categorized and forecast the global
Digital Transformation market on the basis of technology, deployment, enterprise
size, and end-user industry.
To examine competitive developments like
technological advancement, services, and regulative framework within the global
Digital Transformation Market.
To highlight the impact analysis of the factors,
affecting the market dynamics such as drivers, restraints, opportunities, and
To strategically profile the key players and
comprehensively analyze their market shares along with detailing the
competitive landscape for market leaders.
Transformation Market Competitive Landscape
Companies such as SAP SE, IBM
Corporation, Oracle Corporation, Google Inc., Dell EMC, Hewlett Packard
Enterprise Co., CA Technologies, Microsoft Corporation, Adobe Systems
Incorporated, Accenture PLC, Capgemini Group, Apple Inc., Siemens AG, Cognex
Corporation, and Kellton Tech Solutions Ltd., are the key players in the global
Digital Transformation market.
Key Target Audience:
Market research and consulting firms
Global Digital Transformation service providers
Research organizations and consulting companies
Global Digital Transformation distributors
Organizations, associations, and alliances related
to Digital Transformation
Scope of the Report
Big Data & Analytics
By Enterprise Size
Small & Medium Enterprise
By End-User Industry
In addition, the report provides an analysis
of the Digital Transformation Market with respect to the following geographic
Rest of Europe
Asia Pacific (APAC)
Rest of Asia Pacific
Rest of Latin America
Rest of Middle-East
Business Questions answer by the report
How will the market drivers, restraints and opportunities
affect the market dynamics?
What will be the market size in terms of value
and volume and market statistics with detailed classification
Which segment dominates the market or region and
one will be the fastest growing and why?
A comprehensive survey of the competitive
landscape and the market participant players
Analysis of strategy adopted by the key player
and their impact on other players.
Customization Scope for the Client
is our first and last priority. And that’s why BlueWeave Consulting offers
customization according to Company’s specific needs. The following
customization options are available for the report:
With five additional company detail analysis.
Additional country analysis.
Detailed segment analysis.