Digitization IT Spending Market updates, demand analysis, and expected growth forecast 2022-2027 | Tech Mahindra, Atos

Dec , 2021 (Market intelligence data) —The “Digitization IT Spending” market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global Digitization IT Spending market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations. This report also compares the Digitization IT Spending markets of Pre COVID-19 and Post COVID-19. In addition, research considers the impact of COVID-19 on the regional economy.      

The global Digitization IT Spending market was valued at USD 998.99 billion in 2020 and is expected to reach a value of USD 2744.68 billion by 2026, at a CAGR of 17.42% during the forecast period of 2022-2027.

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Some of the key players profiled in the study are

Tech Mahindra, Atos, EY, HP, Microsoft, iGate, EMC, Adobe, Samsung, Alcatel-Lucent, TCS, Yahoo, Wipro, Dell, Cognizant, Cisco, Google, Infosys, SAP, IBM, Verizon, HCL, Apple, KPMG, PwC, Deloitte, CSC, Capgemini, Fujitsu, Xerox, CGI, Unisys, Oracle, AT&T

Recent Developments
June 2021 - Deutsche Bank partnered with Oracle Corporation to modernize its database technology and accelerate its digital transformation. Oracle will help Deutsche Bank to upgrade its existing database systems and migrate the bulk of its Oracle Database estate to Oracle Exadata Cloud Customer, an on-premises deployment option of the Oracle Exadata Cloud Service to support applications that either will not move to the public cloud or may in the future. This will provide a dedicated platform to support and scale the bank’s existing mission-critical systems and services, including trading, payments processing, risk, and capital planning, and regulatory reporting.
April 2021 - Adobe Systems Inc. partnered with FedEx to integrate Adobe Commerce with ShopRunner, a leading eCommerce platform and a subsidiary of FedEx Services. The integration will give Adobe merchants access to FedEx post-purchase logistics intelligence, which will help them drive demand, reduce cost and gain customer insights.

Most important types of Digitization IT Spending covered in this report are:

Text and Images

Audio and Video

Data

Others

Most widely used downstream fields of Digitization IT Spending market covered in this report are:

BFSI

Manufacturing

Telecommunications

Retail/Wholesale

Healthcare

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Asia Pacific is Expected to Hold a Significant Market Share
The use of advanced technologies, such as cloud computing, AI, big data and analytics, mobility/social media, cybersecurity, IoT, among others, led to innovation and transformation, thereby stimulating growth in the business ecosystem of Asia Pacific. Digital technologies have transformed the legacy approach to business into a modern approach. Besides, the region is becoming a new hotspot in the digital transformation market due to rising investments in the process of digitalization across potential economies.
The digital transformation market is witnessing strong growth in the country owing to government initiatives, vendor investments, among others. In September 2021, the Japanese government launched the Digital Agency to drive Japan's digital transformation as part of the administrative reform agenda. The government's move pushed the digitalization of the public sector.

Region Included are:

North America (the United States, Canada, and Mexico)

Europe (Germany, France, UK, Russia, and Italy)

Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)

South America (Brazil, Argentina, etc.)

Middle East & Africa (Saudi Arabia, Egypt, Nigeria, and South Africa)

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Key Points of The Digitization IT Spending Market Report:

Define, describe and forecast the Digitization IT Spending product market by type, application, end user and region.
Provide business external environment analysis and pest analysis.
Provide strategies for the company to address the impact of COVID-19.
Provide dynamic market analysis, including market drivers, market development constraints.
Provide market entry strategy analysis for new players or players who are ready to enter the market, including market segment definition, customer analysis, distribution model, messaging and product positioning, and price strategy analysis.
Keep up with international market trends and provide analysis of the impact of the COVID-19 outbreak on major regions of the world.
Analyze investor market opportunities and provide market leaders with insights into the competitive landscape.

The content of the study subjects, includes 14 chapters:

Chapter 1, to define Digitization IT Spending product scope, market overview, market opportunities, market driving force and market risks.

Chapter 2, to profile the top manufacturers with price, sales, revenue and global market share of Digitization IT Spending from 2019 to 2021.

Chapter 3, the market situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Digitization IT Spending breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2022 to 2027.

Chapter 5 and 6, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2022 to 2027.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2016 to 2021.and Digitization IT Spending market forecast, by regions, type and application, with sales and revenue, from 2022 to 2027.

Chapter 12, 13 and 14, to describe Digitization IT Spending sales channel, distributors, customers, research findings and conclusion, appendix and data source.

… To be continued

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