Digital Transformation Market by Function (Customer Transformation, Operational Transformation, Product Transformation), Technology (3D Printing or Additive Manufacturing, Big Data & Analytics, Cloud Computing), Deployment, End-User - Global Forecast 2023-2030
The Digital Transformation Market size was estimated at USD 684.65 billion in 2022 and expected to reach USD 821.03 billion in 2023, at a CAGR 20.78% to reach USD 3,102.32 billion by 2030 .
Market Segmentation & Coverage:
This research report analyzes various sub-markets, forecasts revenues, and examines emerging trends in each category to provide a comprehensive outlook on the Digital Transformation Market.
- Based on Function, market is studied across Customer Transformation, Operational Transformation, Product Transformation, and Workforce Transformation. The Operational Transformation is projected to witness significant market share during forecast period.
- Based on Technology, market is studied across 3D Printing or Additive Manufacturing, Big Data & Analytics, Cloud Computing, Cybersecurity, Industrial Robotics, Internet of Things, Machine Learning or Artificial Intelligence, and Mobility or Social Media. The Cloud Computing is projected to witness significant market share during forecast period.
- Based on Deployment, market is studied across On-Cloud and On-Premises. The On-Cloud is projected to witness significant market share during forecast period.
- Based on End-User, market is studied across BFSI, Education, Government, Healthcare, IT & Telecom, Manufacturing, Media & Entertainment, and Retail & Consumer Goods. The Media & Entertainment is projected to witness significant market share during forecast period.
- Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa is projected to witness significant market share during forecast period.
The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.
FPNV Positioning Matrix:
The FPNV Positioning Matrix is an indispensable tool for assessing the Digital Transformation Market. It comprehensively evaluates vendors, analyzing key metrics related to Business Strategy and Product Satisfaction. This enables users to make informed decisions tailored to their specific needs. Through advanced analysis, vendors are categorized into four distinct quadrants, each representing a different level of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V). Be assured that this insightful framework empowers decision-makers to navigate the market with confidence.
Market Share Analysis:
The Market Share Analysis offers invaluable insights into the vendor landscape Digital Transformation Market. By evaluating their impact on overall revenue, customer base, and other key metrics, we provide companies with a comprehensive understanding of their performance and the competitive environment they confront. This analysis also uncovers the level of competition in terms of market share acquisition, fragmentation, dominance, and industry consolidation during the study period.
Key Company Profiles:
The report delves into recent significant developments in the Digital Transformation Market, highlighting leading vendors and their innovative profiles. These include Accenture PLC, AVEVA Group plc., Cisco System Inc., Cognex Corporation, Emerson Electric Co., ERICSSON Pvt Ltd., GENERAL ELECTRIC CORPORATION, Google LLC by Alphabet, Inc., Hewlett Packard Enterprise Company, INNOMINDS SOFTWARE SEZ INDIA PRIVATE LIMITED, Intel Corporation, International Business Machines Corporation, Kellton Tech Solutions Ltd., Microsoft Corporation, NVIDIA Corporation, Oracle Corporation, Red Hat, Inc., Salesforce, Inc., SAP SE, Siemens AG, THALES group, TIBCO Software, Inc, Whatfix Private Limited by Quicko TechnoSoft Labs Pvt. Ltd,, Wipro Products Limited, and Yokogawa India Ltd..
The report offers valuable insights on the following aspects:
- Market Penetration: It provides comprehensive information about key players' market dynamics and offerings.
- Market Development: In-depth analysis of emerging markets and penetration across mature market segments, highlighting lucrative opportunities.
- Market Diversification: Detailed information about new product launches, untapped geographies, recent developments, and investments.
- Competitive Assessment & Intelligence: Exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of leading players.
- Product Development & Innovation: Intelligent insights on future technologies, R&D activities, and breakthrough product developments.
- What is the market size and forecast for the Digital Transformation Market?
- Which products, segments, applications, and areas hold the highest investment potential in the Digital Transformation Market?
- What is the competitive strategic window for identifying opportunities in the Digital Transformation Market?
- What are the latest technology trends and regulatory frameworks in the Digital Transformation Market?
- What is the market share of the leading vendors in the Digital Transformation Market?
- Which modes and strategic moves are suitable for entering the Digital Transformation Market?
Note: PDF & Excel + Online Access - 1 Year
- 1. Preface
- 1.1. Objectives of the Study
- 1.2. Market Segmentation & Coverage
- 1.3. Years Considered for the Study
- 1.4. Currency & Pricing
- 1.5. Language
- 1.6. Limitations
- 1.7. Assumptions
- 1.8. Stakeholders
- 2. Research Methodology
- 2.1. Define: Research Objective
- 2.2. Determine: Research Design
- 2.3. Prepare: Research Instrument
- 2.4. Collect: Data Source
- 2.5. Analyze: Data Interpretation
- 2.6. Formulate: Data Verification
- 2.7. Publish: Research Report
- 2.8. Repeat: Report Update
- 3. Executive Summary
- 4. Market Overview
- 4.1. Introduction
- 4.2. Digital Transformation Market, by Region
- 5. Market Insights
- 5.1. Market Dynamics
- 5.1.1. Drivers
- 5.1.1.1. Increased penetration of evolving technologies for digitizing organizational business functions
- 5.1.1.2. Increased demand for the industrial automation and IoT
- 5.1.1.3. Government enforcement towards digitization in developing economies
- 5.1.2. Restraints
- 5.1.2.1. Limited availability of skilled professionals
- 5.1.3. Opportunities
- 5.1.3.1. Demand for personal digital transformations on social media and data-driven decision-making
- 5.1.3.2. Integration of AR/VR for enhancing consumer experience
- 5.1.4. Challenges
- 5.1.4.1. Concern related to data security and privacy
- 5.2. Market Segmentation Analysis
- 5.3. Market Trend Analysis
- 5.4. Cumulative Impact of COVID-19
- 5.5. Cumulative Impact of Russia-Ukraine Conflict
- 5.6. Cumulative Impact of High Inflation
- 5.7. Porter’s Five Forces Analysis
- 5.7.1. Threat of New Entrants
- 5.7.2. Threat of Substitutes
- 5.7.3. Bargaining Power of Customers
- 5.7.4. Bargaining Power of Suppliers
- 5.7.5. Industry Rivalry
- 5.8. Value Chain & Critical Path Analysis
- 5.9. Regulatory Framework
- 5.10. Client Customization
- 5.10.1. Blockchain Technology Trend
- 6. Digital Transformation Market, by Function
- 6.1. Introduction
- 6.2. Customer Transformation
- 6.3. Operational Transformation
- 6.4. Product Transformation
- 6.5. Workforce Transformation
- 7. Digital Transformation Market, by Technology
- 7.1. Introduction
- 7.2. 3D Printing or Additive Manufacturing
- 7.3. Big Data & Analytics
- 7.4. Cloud Computing
- 7.5. Cybersecurity
- 7.6. Industrial Robotics
- 7.7. Internet of Things
- 7.8. Machine Learning or Artificial Intelligence
- 7.9. Mobility or Social Media
- 8. Digital Transformation Market, by Deployment
- 8.1. Introduction
- 8.2. On-Cloud
- 8.3. On-Premises
- 9. Digital Transformation Market, by End-User
- 9.1. Introduction
- 9.2. BFSI
- 9.3. Education
- 9.4. Government
- 9.5. Healthcare
- 9.6. IT & Telecom
- 9.7. Manufacturing
- 9.8. Media & Entertainment
- 9.9. Retail & Consumer Goods
- 10. Americas Digital Transformation Market
- 10.1. Introduction
- 10.2. Argentina
- 10.3. Brazil
- 10.4. Canada
- 10.5. Mexico
- 10.6. United States
- 11. Asia-Pacific Digital Transformation Market
- 11.1. Introduction
- 11.2. Australia
- 11.3. China
- 11.4. India
- 11.5. Indonesia
- 11.6. Japan
- 11.7. Malaysia
- 11.8. Philippines
- 11.9. Singapore
- 11.10. South Korea
- 11.11. Taiwan
- 11.12. Thailand
- 11.13. Vietnam
- 12. Europe, Middle East & Africa Digital Transformation Market
- 12.1. Introduction
- 12.2. Denmark
- 12.3. Egypt
- 12.4. Finland
- 12.5. France
- 12.6. Germany
- 12.7. Israel
- 12.8. Italy
- 12.9. Netherlands
- 12.10. Nigeria
- 12.11. Norway
- 12.12. Poland
- 12.13. Qatar
- 12.14. Russia
- 12.15. Saudi Arabia
- 12.16. South Africa
- 12.17. Spain
- 12.18. Sweden
- 12.19. Switzerland
- 12.20. Turkey
- 12.21. United Arab Emirates
- 12.22. United Kingdom
- 13. Competitive Landscape
- 13.1. FPNV Positioning Matrix
- 13.2. Market Share Analysis, By Key Player
- 13.3. Competitive Scenario Analysis, By Key Player
- 13.3.1. Merger & Acquisition
- 13.3.1.1. Accenture To Acquire Objectivity to Expand Platform Engineering Capabilities in Europe
- 13.3.2. Agreement, Collaboration, & Partnership
- 13.3.2.1. Salam Collaborates with Oracle to Accelerate Digital Transformation
- 13.3.2.2. Telenor Norway to Accelerate Digital Transformation with Support from Accenture
- 14. Competitive Portfolio
- 14.1. Key Company Profiles
- 14.1.1. Accenture PLC
- 14.1.2. AVEVA Group plc.
- 14.1.3. Cisco System Inc.
- 14.1.4. Cognex Corporation
- 14.1.5. Emerson Electric Co.
- 14.1.6. ERICSSON Pvt Ltd.
- 14.1.7. GENERAL ELECTRIC CORPORATION
- 14.1.8. Google LLC by Alphabet, Inc.
- 14.1.9. Hewlett Packard Enterprise Company
- 14.1.10. INNOMINDS SOFTWARE SEZ INDIA PRIVATE LIMITED
- 14.1.11. Intel Corporation
- 14.1.12. International Business Machines Corporation
- 14.1.13. Kellton Tech Solutions Ltd.
- 14.1.14. Microsoft Corporation
- 14.1.15. NVIDIA Corporation
- 14.1.16. Oracle Corporation
- 14.1.17. Red Hat, Inc.
- 14.1.18. Salesforce, Inc.
- 14.1.19. SAP SE
- 14.1.20. Siemens AG
- 14.1.21. THALES group
- 14.1.22. TIBCO Software, Inc
- 14.1.23. Whatfix Private Limited by Quicko TechnoSoft Labs Pvt. Ltd,
- 14.1.24. Wipro Products Limited
- 14.1.25. Yokogawa India Ltd.
- 14.2. Key Product Portfolio
- 15. Appendix
- 15.1. Discussion Guide
- 15.2. License & Pricing
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