Press release
Digital Transformation Market Insights | Key Players: Cognizant, SAP, Dell EMC, Microsoft, Adobe Systems and Accenture
According to recent research "Digital Transformation Market by Component (Solution (Cloud Computing, Big Data & Analytics, Mobility, Disruptive Technologies, and Social Media) and Service), End User, Deployment Type (On-premise and Cloud), Vertical, and Region - Global Forecast to 2022", The digital transformation market is projected to grow from USD 205.99 Billion in 2017 to USD 493.39 Billion by 2022, at a CAGR of 19.1% from 2017 to 2022. The market is primarily driven by innovation in businesses, changing customer preferences, the proliferation of mobile devices & apps, increasing penetration of IoT, and rising adoption of the cloud platform.Browse 61 Market Data Tables and 38 Figures spread through 133 Pages and in-depth TOC on "Digital Transformation Market"
https://www.marketsandmarkets.com/Market-Reports/digital-transformation-market-43010479.html?utm_source=OpenPr
Early buyers will receive 10% customization on this report.
Based on component, the service segment is expected to witness the highest CAGR during the forecast period
Based on component, the digital transformation market has been segmented into solution and service. The service segment is expected to witness the highest growth rate during the forecast period due to the increasing need for professional services and system integration.
Based on deployment type, the cloud segment is expected to witness the highest CAGR during the forecast period
Based on deployment type, the digital transformation market has been segmented into on-premise and cloud. The cloud segment is expected to witness the highest growth rate during the forecast period. Cloud computing solution enables easy access to data and information from anywhere and anytime. It also involves pay per use, which is cost effective for an organization.
Based on end user, the SMBs segment is projected to grow at the highest CAGR during the forecast period
Based on end user, the SMBs (small & medium businesses) segment of the digital transformation market is estimated to witness a higher growth rate than the enterprises segment during the forecast period. SMBs predominantly opt for SaaS-based digital transformation solutions as these solutions are cost-effective and require basic IT infrastructure.
Based on vertical, the education segment is expected to witness the highest CAGR during the forecast period
Based on vertical, the education segment of the digital transformation market is projected to grow at the highest rate in the coming years. The education vertical includes academic and research industries. Increasing demand for platform independent or cross-platform applications from the education vertical translates into huge growth opportunities for the digital transformation solution vendors.
Get Free 10% Customization@ https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=43010479&utm_source=OpenPr
North America is estimated to lead the digital transformation market in 2017
North America is estimated to lead the digital transformation market in 2017. An early adopter of cloud technologies, the region has advanced infrastructure capabilities, which have helped in supporting the adoption of digital transformation solutions and services. Digital transformation requires a very agile and flexible IT support, which is present in the majority of companies in this region.
The report encompasses the competitive landscape, which presents the positioning of 25 key vendors of digital transformation solutions and services, based on their product offerings and business strategies. Some of the major solution and service vendors include Cognizant (US), SAP (Germany), Dell EMC (US), Microsoft (US), Adobe Systems (US), Accenture (Ireland), Capgemini (France), IBM (US), Oracle (US), Google (US), HPE (US), and CA Technologies (US).
IBM focuses on both inorganic and organic strategies, such as partnerships, collaborations, agreements, contracts, and new solution launches, to achieve growth in the digital transformation market. For instance, in June 2017, the company partnered with American Airlines (US) to help the Airlines transform and enhance its business processes with better customer experiences through the IBM Cloud. IBM also partnered with Finastra (UK) in June 2017, to accelerate digital transformation in banking operations using IBM Cloud and Cognitive technologies. Earlier, in March 2017, IBM and Cisco announced new solutions for VersaStack, a jointly developed converged infrastructure. The new solutions offer various benefits to IT organizations, such as improved manageability, recovery, and storage of data; and simplified & standardized service delivery through infrastructure automation.
Microsoft majorly focuses on inorganic growth strategies to gain a competitive advantage in the digital transformation market. For instance, in May 2017, it entered into a partnership agreement with Dell EMC (US) in which the Dell EMC Cloud, a new cloud platform, will be provided for the Microsoft Azure Stack. Earlier in April 2017, Microsoft also partnered with Maersk, an integrated transport & logistics company. Through this partnership, the Microsoft Azure digital platform will empower Maersk’s app store, thus helping enhance business model innovations.
Ask for Discount@ https://www.marketsandmarkets.com/discountreports.asp?id=43010479&utm_source=OpenPr
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
newsletter@marketsandmarkets.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Digital Transformation Market Insights | Key Players: Cognizant, SAP, Dell EMC, Microsoft, Adobe Systems and Accenture here
News-ID: 1447906 • Views: …
More Releases from MarketsandMarkets

Laser Interferometer Market Set to Grow at the Fastest Rate- Time to Grow your R …
The global laser interferometer market is expected to be valued at 315 million in 2024 and is projected to reach USD 447 million by 2029, at a CAGR of 7.2% from 2024 to 2029. Emerging applications in industries push the market's growth due to the growing demand for precision in the manufacturing sector. However, challenges such as higher initial investments and maintenance costs cause problems. Despite these, opportunities arise for…

With 19.6% CAGR, Battery Testing, Inspection, and Certification Market Growth to …
The battery testing, inspection, and certification market is projected to reach USD 36.7 billion by 2029 from USD 14.9 billion in 2024 at a CAGR of 19.6% during the forecast period. Increasing adoption of EVs and energy storage systems, rising enforcement of stringent standards to ensure battery safety, thriving portable electronics industry, and rapid advances in battery technology are the major factors contributing to the market growth.
Download PDF Brochure @…

Real-Time Location Systems Revolutionize Healthcare: Insights from MarketsandMar …
The global RTLS market for healthcare is projected to grow from USD 2.3 billion in 2024 to USD 5.7 billion by 2029, at a compound annual growth rate of 19.6% from 2024 to 2029. As it attracts more and more players who enter this market with innovative RTLS features for customers, the market for RTLS technology is rapidly increasing. Top companies in this market focus on healthcare, retail, and manufacturing…

Offsite Data Center Power Infrastructure Market Size to Reach $35.4 billion by 2 …
According to a research report "Offsite Data Center Power Infrastructure Market by Component (Solutions and Services), Vertical (BFSI, Media & Entertainment, Government & Defence, Healthcare, Manufacturing, IT & Telecom, Retail) and Region - Global Forecast to 2030" published by MarketsandMarkets, the market size for global offsite data center power infrastructure market is projected to reach approximately USD 35.4 billion by the year 2030, as compared to the estimated value of…
More Releases for Based
Electromagnetic Weapons Market : Land-Based, Air-Based, and Sea-Based 2021-2030
The global electromagnetic weapons market was valued at $350.0 million in 2020, and is projected to reach $2,060.1 million by 2030, registering a CAGR of 19.7% from 2021 to 2030.
Access Free sample PDF Copy of the Report - https://www.alliedmarketresearch.com/request-sample/15793
On the basis of platform, the electromagnetic weapons market is segregated into land-based, air-based, and sea-based. In 2020, the sea-based segment dominated the market. Developed nations such as the U.S. have started…
Battery Management System Market : Lithium-Ion Based, Lead-Acid Based, Nickel-Ba …
The global battery management system market generated $5.81 billion in 2019, and is estimated to reach $24.83 billion by 2027, registering a CAGR of 20.2% from 2020 to 2027 by Battery Type (Lithium-Ion Based, Lead-Acid Based, Nickel-Based, and Others), Topology (Centralized, Distributed, and Modular), and Application (Automotive, Telecommunication, Consumer Electronics, Industrial, and Others): Global Opportunity Analysis and Industry Forecast, 2020-2027
Download Report Sample : https://www.alliedmarketresearch.com/request-sample/7002
COVID-19 Scenario :
The manufacturers have stopped the…
Higher Education Game-based Learning Market By Type (Rognitive Ability-Based Gam …
On a global scale, the Higher Education Game-based Learning market is currently showing significant development. The innovative methods and market study have helped many of the major players McGraw-Hill Education, PlayGen, Toolwire, Totem Learning, Lumos Labs, Triseum, Designing Digitally, Forio, Innovative Dutch, LearningWare to carve a name for themselves in the competitive global market. The Higher Education Game-based Learning market is experiencing a massive growth velocity due to the new…
Hardware Security Modules Market by Type LAN Based, PCIE Based, USB Based
Hardware Security Modules Market is expected to witness high growth during the forecast period.The hardware security modules market was valued at USD 520.3 Million in 2016 and is expected to reach USD 1,101.2 Million by 2022, at a CAGR of 12.87% during the forecast period. The base year considered for the study is 2016, and the forecast for the market size is provided for the period between 2017 and 2022.
Factors…
Meat Substitute Market by Product Type (Tofu-based, Tempeh-based, TVP-based, Sei …
The global meat substitute market size was valued at $7.5 billion by 2025, registering a CAGR of 7.7% during the forecast period (2018-2025). Meat is an excellent source of protein but contains high level of cholesterol and saturated fats. Individuals who consume it on a regular basis are more prone to develop health problems such as obesity and atherosclerosis.
Get Sample@ https://www.researchbeam.com/meat-substitute-market/request-sample
Meat substitutes are products that resemble actual meat in…
Green & Bio-based Solvents Market Analysis, Demand, & Opportunities till 2023 | …
A latest research report titled as “Green & Bio-based Solvents Market for Paints & Coatings, Printing Inks, Commercial & Domestic Cleaning, Adhesives & Sealants, Pharmaceutical, Cosmetics, and Other Applications - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023” has been recently added to the vast portfolio of Market Research Reports Search Engine (MRRSE) online research offerings. This report is a professional and in-depth analysis on the…