Digital Transformation Market - Growth, Trends, Covid-19 Impact, And Forecasts (2023 - 2028)
The digital transformation market is expected to register at a CAGR of 17.42% during the forecast period. Businesses and government organizations are moving into a new era of customer engagement where digital technologies play a crucial role due to quick technological advancements and a constantly changing regulatory environment. Moreover, businesses are experimenting with advanced technologies like big data, cloud computing, artificial intelligence, and others to encourage organizational growth. Due to digital technologies, modern business strategies have evolved from the traditional business model approach.
Key HighlightsThe digital transformation market is moderately fragmented. The players have adopted various growth strategies such as partnerships, agreements, collaborations, new product launches, and product enhancements to expand their market presence further and broaden their customer base.
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