Press release
Digital Transformation Market 2022 Developments and Analysis by Top Manufacturers- Accen-ture PLC, Google LLC, Siemens AG, IBM Corporation, Microsoft Corporation
The Digital Transformation Market provides a unique tool for evaluating the market highlighting opportunities, and supporting strategic and tactical decision-making. This report recognizes that in this rapidly-evolving and competitive environment, up-to-date marketing information is essential to monitor performance and make critical decisions for growth and profitability. It provides information on trends and developments, and focuses on markets capacities and on the changing structure of the Digital Transformation Market forecast 2026.The global digital transformation 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 18.5% over 2021-2026.
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https://www.marketinsightsreports.com/reports/02082592210/digital-transformation-market-growth-trends-covid-19-impact-and-forecasts-2021-2026/inquiry?Mode=Iris
The Digital Transformation market is highly competitive and consists of a number of major players. Companies like Accen-ture PLC, Google LLC, Siemens AG, IBM Corporation, Microsoft Corporation, Cognex Corporation, Hewlett Packard Company, SAP SE, EMC Corporation, Oracle Corporation, Adobe Systems Inc. Amongst Others.
Key Developments:
- Oct 2020 - Accen-ture PLC agreed to acquire Avenai, an Ottawa-based provider of consulting and technology services. Financial terms were not disclosed. With Avenais significant focus on the public sector market, the acquisition will enhance Accent-ures capacity to drive the technology transformation taking place across the public sector in Canada.
- Jun 2020 - Renault Cars and Google Cloud announced a new industrial and technology partnership to accelerate the digitization of Renaults industrial system and of Industry 4.0 transformation. Google Clouds solutions and experience in smart analytics, machine learning (ML) and artificial intelligence (AI) will enable Renault to improve its supply chain and manufacturing efficiency, its production quality, and the reduction in environmental impact through energy savings.
Key Market Trends:
Industrial Robotics to Have Significant Growth
- Expeditiously changing market demands and the dynamic development of information technologies is significantly contributing to digital transformation. Currently, industrial robots play a crucial role in industrial automation, as robots manage many core operations in industries. With increased demand across economies, product manufacturers are adopting robots to automate repetitive processes. The automotive sector's growth largely drives the tremendous growth in the deployment of industrial robotics.
- Industrial robots have witnessed a massive demand over the past decade, owing to the increasing adoption of smart factory systems where these robots play a vital part. The stock of industrial robots operating in smart factories increased by about 85% within five years (2014-2019), driven by the massive growth of smart production and automation.
Browse the Full report description and TOC at:
https://www.marketinsightsreports.com/reports/02082592210/digital-transformation-market-growth-trends-covid-19-impact-and-forecasts-2021-2026?Mode=Iris
What are the market factors that are explained in the report?
-Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a regional scale.
-Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
-Analytical Tools: Digital Transformation Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter's five forces analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
Frequently asked questions by our customers:
-What are the drivers governing the growth of the market?
-What is the annual growth rate of the Digital Transformation market?
-What is the impact of Covid-19 on the market?
Finally, Digital Transformation Market report is the believable source for gaining the Market research that will exponentially accelerate your business. The report gives the principal locale, economic situations with the item value, benefit, limit, generation, supply, request and Market development rate and figure and so on. This report additionally Present new task SWOT examination, speculation attainability investigation, and venture return investigation.
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Irfan Tamboli (Head of Sales) - Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com
About Us:
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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