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Digital Transformation Market 2023 : By Type, Application, Competitive Landscape And Overview 2032 | Microsoft Corporation, IBM Corporation, Oracle Corporation, Google Inc., Cognizant
Digital Transformation Market Growth
As per the digital transformation market report by The Business Research Company, The increasing adoption of machine learning and artificial intelligence is expected to drive the growth of the digital transformation market going forward. Digital transformation provides traditional businesses with solutions like cloud computing, big data & analytics, data management, and other advanced features such as artificial intelligence and machine learning, which help in the optimization of business operations, leading to reduced efforts in operations and increased efficiency.
The global digital transformation market size grew from $1169.02 billion in 2022 to $1434.84 billion in 2023 at a compound annual growth rate (CAGR) of 22.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The digital transformation market size is expected to grow to $3152.85 billion in 2027 at a CAGR of 21.8%.
Read More On The Digital Transformation Market Report Here:
https://www.thebusinessresearchcompany.com/report/digital-transformation-global-market-report
Major competitors in the Digital Transformation market include Microsoft Corporation, IBM Corporation, Oracle Corporation, Google Inc., Cognizant, Dell EMC, Siemens AG, Hewlett-Packard Company, Adobe Systems Inc., Capgemini, Cognex Corporation, Deloitte, Marlabs Inc., Equinix Inc., PricewaterhouseCoopers, Apple Inc., Broadcom, CA Technologies, KELLTON TECH, International Business Machines Corporation, Hakuna Matata Solutions, ScienceSoft Inc., SumatoSoft, Space-O Technologies, HCL Technologies, and Tibco Software Inc.
The Digital Transformation market is segmented -
By Voltage Level: Low, Medium, High
By Type: Transmission, Distribution
By Module: Fiber Optics Communication Network, Supervisory Control And Data Acquisition, Hardware
By Industry Vertical: Power Generation, Metal & Mining, Oil & Gas, Transportation & Logistics, Defence & Aerospace, Process & Manufacturing, Other Industry Verticals
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Europe was the largest region in the Digital Transformation market.
Request A Free Sample Of The Digital Transformation Market Report Here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=6966&type=smp
Digital transformation, referred to as the process of using digital technology to create new or alter existing business processes, cultures, and consumer experiences by using tools such as cloud computing, big data analytics, artificial intelligence, and the Internet of Things, are examples of digital transformation solutions that enable traditional enterprises to optimize company operations, minimize operational efforts, and boost efficiency.
The Table Of Content For The Digital Transformation Market Include:
1. Executive Summary
2. Digital Transformation Market Characteristics
3. Digital Transformation Market Trends And Strategies
4. Digital Transformation Market - Macro Economic Scenario
5. Digital Transformation Market Size And Growth
……
26. Africa Digital Transformation Market
27. Digital Transformation Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Digital Transformation Market
29. Digital Transformation Market Future Outlook and Potential Analysis
30. Appendix
The "Global Digital Transformation Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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