Global Digital Transformation Consulting Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Digital Transformation Consulting Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Digital Transformation Consulting is a service that brings the power of a design-led approach to digital process simplification. Digital consulting is all about incorporating emerging technologies to improve the experience design, customer experience, and marketing transformation. The digital transformation consulting services analyze the organizations’ requirements, existing resources, and their ability to scale to recommend the right digital processes and the experience transformation guideposts that help them to effectively use the digital technology, tools, and platforms.

Market Overview:

The latest research study on the global Digital Transformation Consulting market finds that the global Digital Transformation Consulting market reached a value of USD 59992.91 million in 2022. It’s expected that the market will achieve USD 129412.16 million by 2028, exhibiting a CAGR of 13.67% during the forecast period.

Region Overview:

In global comparison, a significant portion of the revenue was generated in North America (42.37% in 2021).

Company Overview:

Deloitte is one of the major players operating in the Digital Transformation Consulting market, holding a share of 10.46% in 2022.

Deloitte

An international professional service network that provides professional consulting and auditing services for large enterprises and public institutions in four areas: auditing, taxation, corporate management consulting, and financial consulting.

PwC

International accounting and auditing professional service network, including: authentication, taxation, consulting, financial consulting, actuarial, legal affairs, etc.

Segmentation Overview:

By type, Technical Implementation segment accounted for the largest share of market in 2021.

Strategy

Digital transformation strategy consulting can help visionary companies determine strategic steps to achieve their goals. The digital transformation consulting firm will help the company collect the required data, transition to the new infrastructure, and implement new technologies. A company’s digital strategy approach can help create a seamless customer experience that supports the company’s brand, regardless of touch point, channel, or device. It also promotes the transparency and agility required to make informed decisions to quickly respond to rapid market changes.

Technical Implementation

Technology and data solutions are an integral part of digital transformation. The technical implementation consulting team provides end-to-end technical consulting transformation support through comprehensive consulting services to help companies identify growth opportunities, gain insights, identify problem areas, transform insights into actionable modules and move them to the execution stage. They help companies have a sustainable competitive advantage, build strong organizations and deliver lasting results.

Change Management

Change management can be defined as a structured process that ensures that the required changes are implemented thoroughly and smoothly, and realize the long-term benefits of the changes. Changes may be simple process changes or major changes in company strategy or policies. The focus of change management is usually on people and how they, as individuals and teams, transform from current conditions to new ones. The ideal change management method depends on the scope of the change. Digital transformation usually involves large-scale changes, requiring strong execution support, targeted communication plans, and a large number of dedicated resources.

Application Overview:

In the Digital Transformation Consulting market, 24.09% of the total value was generated through the Financial Services segment by application in 2021.

Key Companies in the global Digital Transformation Consulting market covered in Chapter 3:

PwC
A.T. Kearney Inc
McKinsey and Company
Accenture PLC
Bain and Company
KPMG
Mercer LLC
Arthur D Little
Deloitte
ABeam Consulting Ltd.
IBM
The Boston Consulting Group
Ernst and Young Ltd.
Cognizant

In Chapter 4 and Chapter 14.2, on the basis of types, the Digital Transformation Consulting market from 2018 to 2029 is primarily split into:

Strategy
Technical Implementation
Change Management

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Digital Transformation Consulting market from 2018 to 2029 covers:

Financial Services
Retail
Travel
Healthcare & Pharmaceutical
Oil & gas
Manufacturing

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)