Press release
Digital Transformation Market Soars, Projected to Reach $3,392.15 Billion by 2030
'Digital Transformation Market by Technology (IoT, Cloud Computing, Big Data Analytics, AI/ML, Cybersecurity, Mobility Solutions, AR/VR, RPA), Offerings, Enterprise Size, Deployment Mode, End-use Industry, and Geography - Global Forecast to 2030.'According to this latest publication from Meticulous Research®, the global digital transformation market is projected to reach $3,392.15 billion by 2030, at a CAGR of 19% from 2023-2030. The growth of this market is attributed to the increasing investments in sustainability initiatives in various industries, the rapid proliferation of smart devices and apps, the increasing adoption of technologies such as adaptive AI, and the continued focus on cybersecurity. In addition, high growth of e-commerce in Asian countries, high penetration rate of social media in Asian countries, and the increasing adoption of blockchain as a mainstream technology are expected to offer significant opportunities for the growth of this market.
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However, the ever-evolving regional data regulations and insufficient budget for technological changes in many legacy organizations hamper the growth of this market. In addition, the increasing risk of cybersecurity and the increasing digital skill gap are major challenges to the growth of this market.
Meticulous Research® has segmented this market based on technology, offerings, deployment mode, enterprise size, end-use industry, and geography for efficient analysis. The study also evaluates industry competitors and analyzes the market at the country level.
Scope of the Report
Digital Transformation Market, by Technology
• Mobility Solutions
• Internet of Things
• Network Connectivity
• Digital Twin & Simulation
• Robotic Process Automation
• Cloud Computing
• Artificial Intelligence and Machine Learning
• AR & VR
• Additive Manufacturing and 3D Printing
• Big Data & Analytics
• Cybersecurity
Digital Transformation Market, by Offerings
• Hardware
• Software
• Services
o Consulting Services
o Planning and Designing Services
o Engineering Services
o Support and Maintenance Services
o Application Development Services
o Network Infrastructure Management Services
o Other Services
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Digital Transformation Market, by Enterprise Size
• Small & Medium Enterprises
• Large Enterprises
Digital Transformation Market, by Deployment Mode
• Cloud
• On-premise
Digital Transformation Market, by End Use Industry
• Retail
• Government & Public Sector
• Healthcare
• Supply Chain & Logistics
• Utilities
• Manufacturing
• BFSI
• IT & Telecom
• Media & Entertainment
• Education
• Transportation
• Other End-use Industries
Digital Transformation Market, by Geography
• North America
o U.S.
o Canada
• Europe
o Germany
o U.K.
o France
o Italy
o Spain
o Rest of Europe
• Asia-Pacific
o China
o Japan
o South Korea
o India
o Rest of Asia-Pacific
• Latin America
• Middle East & Africa
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Key Players:
The key players operating in the global digital transformation market are IBM Corporation (U.S.), Siemens AG (Germany), Microsoft Corporation (U.S.), SAP SE (Germany), Capgemini SE (France), ABB Ltd. (Switzerland), Deutsche Telekom AG (Germany), Telefónica S.A. (Spain), plc (Ireland), TE Connectivity Ltd. (Switzerland), NXP Semiconductors N.V. (Netherlands), Telefonaktiebolaget LM Ericsson (Sweden), Intel Corporation (U.S.), Tata Consultancy Services (India), Cisco Systems, Inc. (U.S.).
Key Questions Answered in the Report:
• Which are the high-growth market segments in terms of technology, offerings, enterprise size, deployment mode, end-use industry, and geography?
• What is the historical market size for global digital transformation systems?
• What are the market forecasts and estimates for the period 2023-2030?
• What are the major drivers, opportunities, and challenges in the global digital transformation market?
• Who are the major players, and what shares do they hold in the global digital transformation market?
• What is the competitive landscape like?
• What are the recent key developments in the global digital transformation market?
• What are the strategies adopted by major players in this market?
• What are the key geographic trends and high-growth countries?
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ContactUs:
MeticulousResearch®
Email- sales@meticulousresearch.com
ContactSales-+1-646-781-8004
Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research
We are the trusted research partners for leading businesses around the world, providing market intelligence focused towards building revenue transformation strategies. Our research is used by Fortune 500 organizations to attain success by scouting next generation revenue opportunities well ahead of their competition.
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