Press release
Digital Transformation Market Projected to Reach US$ 493.39 Billion by 2022
ReportsnReports always aims at offering their clients an in-depth analysis and the best research material of the various market. This report on the global Digital Transformation Market is committed fulfilling the requirements of the clients by giving them thorough insights into the market. An exclusive data offered in this report is collected by research and industry experts team.
The Digital Transformation Market is projected to grow from US$ 205.99 Billion in 2017 to US$ 493.39 Billion by 2022, at a CAGR of 19.1% during the forecast period. Factors such as innovation in businesses, changing customer preferences, the rapid proliferation of mobile devices & apps, increasing penetration of IoT, and growing adoption of the cloud platform are expected to drive the digital transformation market.
Top Key Players in the “Digital Transformation Market” include are
• Cognizant (US)
• SAP (Germany)
• Dell EMC (US)
• Microsoft (US)
• Adobe Systems (US)
• Accenture (Ireland)
• Capgemini (France)
• IBM (US)
• Oracle (US)
• Google (US)
• HPE (US)
• CA Technologies (US)
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Based on end user, the BFSI (banking, financial services & insurance) segment is estimated to lead the digital transformation market in 2017. The BFSI vertical incorporates high-end digital technology to make transactions secure, simple, and error free.
The Digital Transformation Market has been studied for North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. The Asia Pacific region has been widely implementing digital transformation solutions to significantly to improve and streamline business processes and facilitate informed business decision making. Rising number of mobile device users, increasing use of social media analytics, and growing online commerce are some of the factors expected to fuel the growth of the digital transformation market in this region.
Study Objectives:
• To forecast the size of market segments with respect to five main regions, namely, North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA), and Latin America
• To determine and forecast the global digital transformation industry based on component, deployment type, end user, vertical, and region from 2017 to 2022, and to analyze various macro- and micro-economic factors that affect market growth
• To provide detailed information regarding major factors, such as drivers, restraints, opportunities, and challenges influencing the growth of the market
• To strategically analyze each submarket with respect to individual growth trends, prospects, and contribution to the total digital transformation industry
• To analyze the opportunities in the market for stakeholders by identifying high-growth segments of the market
• To track and analyze competitive developments, such as mergers & acquisitions, product developments, partnerships & collaborations, and research & development (R&D) activities in the market
Access Complete report on Digital Transformation Market spread across 133 Pages, profiling 13 companies and supported with tables and figures. Buy Research at https://www.reportsnreports.com/purchase.aspx?name=401290 .
Reason to buy this report:
The report will help market leaders/new entrants in this market by providing them the closest approximations of revenues of the digital transformation market and its sub segments. This report will also help stakeholders better understand the competitor landscape, gain more insights to better position their businesses, and implement suitable go-to-market strategies.
The Target Audience of the Digital Transformation Market report is given below:
• Cloud Solutions Providers
• System Administrators
• Digital Solutions Providers
• System Integrators
• Infrastructure as a Service (IaaS) Providers
• Platform as a Service (PaaS) Providers
• Investors and Venture Capitalists
• Government Agencies
• Market Research and Consulting Firms
• Application Consumers
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