Digital Transformation Market 2018 – Industry Trends and Forecast to 2027
Market Highlights
As per the digital transformation market research report,
the global market for digital transformation is projected to grow swiftly by
US$817.05 billion by 2025. According to analysts, the increasing number of
mobile devices as well as advanced communication and networking infrastructure
will drive the market growth during the forecast period 2019–2025. The digital
transformation market research report offers a comprehensive analysis of the
global digital transformation market and its deployment, organization size,
region, vertical, and technology segments. The lack of skill set along with
strict rules of the ICT sector are the elements that could influence the
digital transformation market advancement throughout the forecast period
2019–2025. The digital transformation market research report by expert analysts
is developed to assist organizations in the digital transformation market.
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Segmentation:
The global
digital transformation market has been segmented based on deployment,
organization size, region, vertical, and technology. On the basis of
deployment, the market for digital transformation is segmented based on
on-premise and on-cloud. Additionally, the market on the basis of organization
size, is segmented into small and medium-sized enterprises and large enterprises.
The global market for digital transformation is also covered based on the
vertical segment which is further split into education, government, healthcare,
IT and telecommunication, media & entertainment, retail, and BFSI among
others. On the basis of technology, the market for digital transformation is
segmented based on artificial intelligence (AI), big data & analytics,
blockchain, internet of things (IoT), cloud computing, and others.
Major elements
such as high deployment cost could obstruct the digital transformation market
growth. However, according to the digital transformation market research
report, increasing IT spending along with increasing adoption of cloud-based
solutions will propel growth throughout the forecast period 2019–2025. The
digital transformation market is set to register growth at a high CAGR owing to
these key factors. The exploration of deployment, organization size, region,
vertical, and technology segments along with regional markets has been given in
the global digital transformation market research report. The research analysts
studying the digital transformation market have put out market forecasts in the
digital transformation market research report in order to support digital
transformation market-based companies. The digital transformation market
research report provides an extensive understanding of the digital
transformation market based on the information and forecasts till 2025.
Regional
Overview
North America,
Europe, Asia Pacific and the rest of the world regional market for digital
transformation are predominantly covered in the global digital transformation
market research report. Country-level digital transformation markets spread
across North America – the United States, Canada, and Mexico are also covered
in the report. In South America – Brazil and other country-level digital
transformation markets are covered in the report. In Asia-Pacific (APAC)
region, the country-level digital transformation markets covered are Japan,
India, China, and others. The digital transformation market research report
also explores the regional market for digital transformation present in Europe
in the United Kingdom, France, Italy, Spain, and Germany, etc. The digital
transformation market research report also covers regional markets from the
rest of the world alongside digital transformation markets of Africa and the
Middle East.
Competitive
Landscape
High adoption of
mobile devices and significant growth of industry 4.0 are presumed to drive the
digital transformation market growth worldwide. The global digital
transformation market could be challenged by unorganized business processes and
reluctance towards change, nevertheless, organizations in the digital
transformation market will carry the growth rate forward. The digital
transformation market research report presents company profiles of major
companies active in the digital transformation market globally. Furthermore,
the global digital transformation market report offers an all-inclusive
analysis of the market collected from the digital transformation market’s
primary and secondary sources covering both decision makers and thought
leaders. The digital transformation market research report highlights such key
areas assisting businesses operating in the digital transformation market to
build better growth strategies.
Industry News
Google and Ford
today revealed a new alliance with Ford and Lincoln's branded cars to offer
Android Automotive beginning in 2023. However, at the same time, both companies
have revealed the option of Google Cloud as their favorite cloud provider. As
in other car manufacturers, Ford often explores ways to use its data to link
its drivers beyond the purchase experience and, perhaps, sometimes visit a
dealer for maintenance. To do this, it must be capable of knowing its clients
and delivering customized experiences.
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Digital
Transformation Market Research Report: by Technology (Cloud Computing, Big Data
& Analytics, Artificial Intelligence (AI), Internet of things (IoT),
Blockchain), By Deployment (On-premise and On-cloud), By Organization Size
(Small and Medium-Sized Enterprises, Large Enterprises), By Vertical (BFSI,
Healthcare, IT and Telecommunication, Government, Retail, Education and Media
& Entertainment), by Region (North America, Europe, Asia-Pacific, Middle
East, and Africa, South America) - Forecast till 2025
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