Global Digital Business Support Systems Market to Reach $19 Billion by 2030
The global market for Digital Business Support Systems estimated at US$7.3 Billion in the year 2023, is expected to reach US$19 Billion by 2030, growing at a CAGR of 14.5% over the period 2023-2030. Digital Business Support Services, one of the segments analyzed in the report, is expected to record 15.3% CAGR and reach US$13.3 Billion by the end of the analysis period. Growth in the Digital Business Support Solutions segment is estimated at 13% CAGR for the next 7-year period.
The U.S. Market is Estimated at $1.9 Billion, While China is Forecast to Grow at 18.9% CAGR
The Digital Business Support Systems market in the U.S. is estimated at US$1.9 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$4.8 Billion by the year 2030 trailing a CAGR of 18.9% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 10% and 12.3% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 11.2% CAGR.
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