Digital Transformation Market In 2019 With Competitors Like Dell EMC, Google, Microsoft, IBM, Apple, SAP, Capgemini, Oracle, Cognizant, HP, Accenture, Adobe, CGI, PwC, Cognex Corporation, CA Technologies, Deloitte Touche Tohmatsu LLC

The digital transformation report gives market definition in the form of market driving factors and market restraints which aids in estimating the requirement of particular product where several aspects have to be considered. The report provides a profound overview of product specification, technology, product type and production analysis considering major factors such as digital transformation Revenue, Cost, Gross and Gross Margin. Assessment of potential market for new product, knowhow of consumer’s reaction for particular product, figuring out general market tendencies, knowing the types of customers, identifying dimension of marketing problem and many other scopes are carefully evaluated through this digital transformation report.

This digital transformation market report consists of extensive study about diverse market segments and regions, emerging trends along with major drivers, challenges and opportunities in the market. The digital transformation report also provides CAGR value fluctuation during the forecast period of 2019-2026 for the market. All the market parameters can be explored to analyse market status, market share, growth rate, future trends, market drivers, opportunities, challenges, risks, entry barriers, sales channels, and distributors. The wide-ranging market information of the digital transformation report will surely grow business and improve return on investment (ROI).

Global digital transformation market is expected to rise from its initial estimated value of USD 299.30 billion in 2018 to an estimated value of USD 1223.97 billion by 2026, registering a CAGR of 19.25% in the forecast period of 2019-2026. Increasing adoption of cloud platform is the major factor for the growth of this market.
Market Definition: Global Digital Transformation Market

Digital transformation is the use of digital technology in different areas of business to solve problems. It also changes a way, that how a business operate and deliver values to the customers. It also helps the organization to compete better in the market by making changes as per the new technologies. Digital transformation helps the company to reach to the large masses easily.

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Market Drivers:

• Increasing demand for mobile phones is driving the market.
• Growth in usage of IoT based products and solutions in businesses and various organisations

Market Restraints:

• Increasing privacy and security concern among population is restraining market.
• Lack of skilled and trained professionals.

Key Developments in the Market:

• In November 2018, Oracle announced the launch of their new customer innovation centre which is mainly focused on digital transformation for the public sector in Brazil. This mainly focuses on transport, security and health and involves technologies including artificial intelligence, Internet of Things (IoT) and blockchain. The main aim of the company is to promote this idea in all the sectors of government.

• In December 2018, Australia has published a Digital Transformation Strategy whose main motive is to create a digital identity system for users so that they can easily access all the government services digitally by 2025. Eligibility for different services and payments reminders can be easily known through this new service.
Major Market Competitors/Players

Few of the major competitors currently working in the digital transformation market are Cognizant, Dell Inc., Microsoft, Adobe, Accenture, Capgemini, IBM Corporation, Oracle, Google, Hewlett Packard Enterprise Development LP, Broadcom., EMC Corporation., PwC, Deloitte, COGNEX CORPORATION, SAP SE, Deloitte, Siemens, PwC, COGNEX CORPORATION.

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Competitive Analysis
Global digital transformation market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of digital transformation market for global, Europe, North America, Asia Pacific and South America.

Segmentation: Global Digital Transformation Market

• By Component

o Solution
o Cloud Computing
o Big Data & Analytics
o Mobility
o Disruptive Technology

• Internet of Things (IoT)
• Blockchain Technology
• Artificial Intelligence (AI)

o Social Media
o Services
 Professional Services
 System Integration

• By Deployment Type

o On-Premise
o Cloud

• By End User

o Small & Medium Businesses (SMBS)
o Enterprises

• By Vertical

o Banking Financial Services & Insurance (BFSI)
o Healthcare
o Telecommunication & IT
o Automotive
o Education
o Retail & Consumer Goods
o Media & Entertainment
o Manufacturing
o Government
o Others

• By Services

o Training
o Maintenance
o Consulting

• By Technology

o Industrial Robotics
o Internet of Things
o 3d Printing/Additive Manufacturing
o Advanced Human Machine Interface (HMI)
o Big Data and Analytics
o Machine Learning and Artificial Intelligence
o Cybersecurity
o Others

• By Geography

• North America
o US
o Canada
o Mexico

• South America
o Brazil
o Argentina
o Rest of South America

• Europe
o Germany
o France
o United Kingdom
o Italy
o Spain
o Russia
o Turkey
o Belgium
o Netherlands
o Rest of Europe

• Asia-Pacific
o Japan
o China
o South Korea
o India
o Australia
o Singapore
o Malaysia
o Indonesia
o Thailand
o Philippines
o Rest of Asia-Pacific

• Middle East and Africa
o South Africa
o Egypt
o Saudi Arabia
o United Arab Emirates
o Israel
o Rest of Middle East and Africa

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