Press release
India Digital Transformation Market by Offering, Service, Enterprise Size, Vertical, Region, Share, Development, Growth and Demand Forecast, 2014–2024
Insights into the market segments
Based on offering, the India digital transformation market is categorized into solutions and services. Among these, services expected to be the fastest growing category in the market. Service sector is on high growth trajectory driven by digital initiatives of the government, attracting highest FDI inflows as well as availability of highly skilled and low-cost manpower. Various government initiatives such as Smart Cities and Digital India are creating high growth opportunities giving further push to the service sectors namely communication, healthcare, technology, energy, banking, and others. Owing to these factors, services category is forecasted to register exponential growth during the period 2019-2024.
Request to Get the Sample Report@ https://www.psmarketresearch.com/market-analysis/india-digital-transformation-market/report-sample
Indian businesses as well as the government has been witnessing multiple use cases of AI in recent years, with digital assistants, cab aggregators, targeted advertisements, biometric recognition and online recommendation engines being the most common applications. Organizations have started realizing the efficiencies and growth opportunities of digital transformation solutions. Similarly, government bodies are increasingly employing AI-powered applications such as image and speech recognition, and robotics to bolster defense equipment and techniques. Hence, with increasing use of AI by government bodies, the market for AI is expected to be fastest growing solution type in the forecast period.
Based on region, India digital transformation market is categorized into North, South, East, and West regions. Among these, Eastern region, particularly North-East is exhibiting steady implementation of Digital India initiative. The e-governance capacity building program works by enhancing skills of government officers in the state to lead, support, and manage the projects under e-governance projects in their respective state governments. This in turn, is providing a major boost to the digital transformation market in the region.Increasing adoption of internet of things (IoT) in India to drive the market growth
Explore Full Report Description At@ https://www.psmarketresearch.com/market-analysis/india-digital-transformation-market
Increasing adoption of IoT in India is a key factor driving India digital transformation market. IoT helps to build smart products through new functionality, reliability, greater product capabilities, and product utilization. Indian companies are considering IoT to be a strategic tool for business scalability, and is helping businesses to generate new and innovative user experiences. As a result, companies are moving toward digital transformation.
In addition, the Government of India is on the verge of developing smart cities across the country, and is also driving the adoption of IoT. In 2018-2019 union budget, the government allocated around $26,625 for 99 smart cities. Further, in 2015, the Government of India launched ‘Digital India’ program, a plan to digitize government processes is further aiding the growth of IoT market in India. Thus, increasing adoption of IoT by businesses as well as government, is driving India digital transformation market.
Make Enquiry Before Buying the Report@ https://www.psmarketresearch.com/send-enquiry?enquiry-url=india-digital-transformation-market
Some of the key players operating in India digital transformation market includes Wipro Limited, Kellton Tech Solutions Ltd., Sasken Technologies Ltd., Cognizant Technology Solutions Corporation, Clarion Technologies, Inc., Datamatics Global Services Limited, Mindtree Limited, Tech Mahindra Limited, Accenture plc, Dell Technologies Inc., Cisco Systems Inc., International Business Machines (IBM) Corporation, Microsoft Corporation, Tata Consultancy Services Limited, Infosys Limited., and HCL Technologies Limited.
Contact:
P&S Intelligence
Toll-free: +1-888-778-7886 (USA/Canada)
International: +1-347-960-6455
Email: enquiry@psmarketresearch.com
Web: https://www.psmarketresearch.com
About P&S Intelligence
P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.
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 India Digital Transformation Market by Offering, Service, Enterprise Size, Vertical, Region, Share, Development, Growth and Demand Forecast, 2014–2024 here
News-ID: 1772671 • Views: …
More Releases from P&S Intelligence
Remote Access Provided by Cloud Category Fuels Call Center AI Market
In 2021, the call center AI market generated sales worth $1,982.9 million, and it is expected to contribute $12,910.6 million in 2030, progressing at a rate of 23.1% from 2021 to 2030, ascribed to the growing up requirements for improved data analytics to manage customer inquiries with the real-time response to improve customer engagement through social media.
In order to pace up the 4th industrial revolution, businesses across various industries…
Growing Demand for CSM System Will Drive the Customer Engagement Solutions Marke …
The total value of the customer engagement solutions market was $18,186.8 million in 2021, and it will rise at a growth rate of above 10% in the near future, to reach $43,398.9 million by 2030. The major reasons behind the growth of this industry are growing usage of such solutions in serval industries like healthcare, telecommunications, BFSI and FMCG.
North America will grow the fastest with a rate of 10.5% in…
Reduced Operational Cost of Energy Efficient Motors Propels Motion Control Marke …
The motion control market generated a revenue of $14,887.5 million in 2021, and it is expected to contribute $23,286.4 million in 2030, progressing at a rate of 5.1% from 2021 to 2030, ascribed to the rising demand for industrial robots and integration of components with the motion control systems for convenient use.
Moreover, the evolving motion control standards and protocols propel the market, for example, the OPC UA TSN protocol controls…
North America, the Largest Revenue Producer in Public Safety and Security Market
The size of the public safety and security market was at $411 billion in the year 2021, which will reach over $1,115 billion by the year 2030, advancing at a growth rate of around 12% in the years to come. This is largely ascribed to the rising application of innovative technologies in smart cities, increasing crime rates, the increasing cases of disastrous accidents, and the growing count of terrorist activities…
More Releases for India
Ayurvedic Service Market is Flourishing Like Never Before | Patanjali Ayurved Li …
RnM newly added a research report on the Ayurvedic Service market, which represents a study for the period from 2020 to 2026.
The research study provides a near look at the market scenario and dynamics impacting its growth. This report highlights the crucial developments along with other events happening in the market which are marking on the growth and opening doors for future growth in the coming years. Additionally, the…
Pasta Market Report 2019 Companies included Bambino (India), Nestle (USA), Field …
We have recently published this report and it is available for immediate purchase. For inquiry Email us on: jasonsmith@marketreportscompany.com
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2019 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2019 to 2025, etc. The report also provides detailed segmentation on the…
Pasta Market Report 2018 Companies included Bambino (India), Nestle (USA), Field …
We have recently published this report and it is available for immediate purchase. For inquiry Email us on: jasonsmith@marketreportscompany.com *********
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc. The report also provides…
Interior Designers India, Designers and Architects India, Interior Design Consul …
Synergy Corporate Interiors Pvt. Ltd. are offer Designers and Architects India Our architects, designers are working an national and international client base. The final design output is then integrated with the various technical and engineering aspects and taken into production. The expression is also individualistic, based on the communication of the correct corporate identity. Our designers, engineers and architects perform any plan successfully combine handy knowledge with creative ideas into…
Domain Registration India, Web Hosting India, VPS Hosting India , SSL Certificat …
All the Domain Registration services are at affordable price and assure you for the 100% quality.
India Internet offers cheap domain name registration for many domain extensions available. We are a full-service web site solutions provider. We offer a full range of web services including domain registration India, Web Hosting India, Web design, SEO marketing and etc.
We offer different standard and different Windows .NET low-cost, full-featured, all-inclusive web hosting and domain…
Domain Registration India, Web Hosting India, Payment Gateway India
Indiainternet.in is a Quality Web Hosting Company India, provide all web related support and Web hosting services like linux web hosting, windows web hosting, web hosting packages, domain registration in india, Corporate email solution, business email hosting, payment gateway integration, SSL with supports like free php, cgi, asp, free msaccess, free cdonts, free webmail, web based control panel, unlimited ftp access, unlimited data transfer.
During the domain registration process, you will…
