Press release
Digital Transformation Market | Why it matters and 5 key areas for action 2029
The growth in penetration of IoT-based products and devices in day-to-day life, increase in the usage of mobile devices and apps, and rise in dependency of business on IoT-based products and solutions drive the digital transformation market growth.However, factors such as underdeveloped ICT infrastructure in underdeveloped and developing nations, and high data security threats hinder the growth of the market. In addition, rise in dependence of the retail, BFSI, and automotive sectors on IoT-based products & solutions is expected to provide lucrative growth opportunities for the market.
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The report segments the digital transformation market based on solutions, services, end users, industry verticals, and region. By solution, the market is divided into cloud computing, big data, mobility, and social media. Based on services, it is categorized into training, maintenance, and consulting.
Based on end users, it is bifurcated into small medium enterprises (SMEs) and large enterprises. By industry vertical, the market is segmented into BFSI, telecom, healthcare, utility, retail, automotive, ICT, and others. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
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Comprehensive competitive analysis and profiles of major digital transformation market players such as SAP AG, IBM Corporation, Oracle Corporation, Google, Inc., Dell EMC, Adobe Systems, Hewlett-Packard (HP), CA Technologies, and Microsoft Corporation, are also provided in this report.
The report has offered an all-inclusive analysis of the global digital transformation Market taking into consideration all the crucial aspects like growth factors, constraints, market developments, top investment pockets, future prospects, and trends. At the start, the report lays emphasis on the key trends and opportunities that may emerge in the near future and positively impact the overall industry growth.
Key drivers that are propelling the growth of the market are included in the report. Additionally, challenges and restraining factors that are likely to curb the growth of the market are put forth by analysts to prepare manufacturers for future challenges in advance.
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Key Benefits:
• The report provides an extensive analysis of the current and emerging digital transformation market trends and dynamics in the global digital transformation industry.
• In-depth analysis is conducted by constructing market estimations for the key market segments between 2016 and 2023.
• This study evaluating competitive landscape and value chain is taken into account to elucidate the competitive environment across the geographies.
• This report entails the detailed quantitative analysis of the current digital transformation market and estimations through 2016-2023, which assists in identifying the prevailing market opportunities.
• Comprehensive analysis of factors that drive and restrict the growth of the digital transformation market is provided.
Access the full summary at: https://www.alliedmarketresearch.com/digital-transformation-market
Thanks for reading this article; you can also get individual chapter-wise sections or region-wise report versions like North America, Europe, or Asia.
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Lastly, this report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.
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