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(Wireless-NewsWire.Com, May 25, 2018 ) Digital Transformation market is expected to grow US$ 2,279.4 billion by 2025 from US$ 445.4 billion in 2017.
The digital transformation offers solutions and services to various end-users such as BFSI, healthcare, education, retail, IT & Telecom, logistics & transportation, manufacturing, and others.
Space for implementation across SMEs provides significant opportunity to the players in the value chain and increasing adoption of digital solutions by different industry verticals offers huge scope to the market to expand are providing significant opportunities for the providers of digital transformation to increase the market share in the regions.
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Additionally, adoption of digital platform provides an opportunity of automating tasks by adoption of technology. Tasks that are highly skillful can be automated through Machine Learning and Artificial Intelligence thus, resulting in cost savings. Further, digitalization of processes help in time-saving and reduction of errors thereby, improving the work quality. Owing to the mentioned advantages, adoption of digital solutions by SMEs is gaining pace consequently, providing potential opportunities to the players the value chain of digital transformation market.
Rising concerns regarding the security and privacy can act as a restraining factor in the market. However, with the increasing technology towards the security of the data, the concerns regarding this restraint will decrease over the coming years.
The implementation of digital solutions is gaining pace across various industries including manufacturing, healthcare, automotive, BFSI, media & entertainment and retail among others. These industries are increasingly benefiting themselves from digital transformation. Analytics enable them to better apprehend and serve customers. Further, access to real-time information results in efficient decision-making. Automation of business operations facilitates them to escalate productivity. For instance, automotive manufacturers have revolutionized their manufacturing process with the use of robots; and airline companies have become proficient at pricing through real-time information of supply and demand. Furthermore, retail companies with robust digital capabilities have designed seamless omnichannel environments.
List of Companies
1. IBM Corporation
2. Accenture PLC
3. SAP SE
4. Microsoft Corporation
5. Oracle Corporation
6. Capgemini SE
7. Adobe Systems Inc.
8. Google Inc.
9. Dell Inc.
10. Cognizant Technology Solutions Corporation
Table Of Contents
1. Introduction 18
1.1 Scope Of The Study 18
1.2 The Insight Partners Research Reports Guidance 18
2. Key Takeaways 20
2.1 North America Holds The Largest Market Share In Digital Transformation Market In 2017 20
2.2 On-Premise Is The Leading Segment In Deployment Type In 2017 21
3. Digital Transformation Market Landscape 22
3.1 Market Overview 22
3.2 Market Segmentation 23
3.2.1 Global Digital Transformation Market – By Components 24
3.2.2 Global Digital Transformation Market – By Deployment Type 24
3.2.3 Global Digital Transformation Market – By End-User 24
3.2.4 Global Digital Transformation Market – By Geography 25
3.3 Pest Analysis 26
3.3.1 North America Pest Analysis 26
3.3.2 Europe Pest Analysis 28
3.3.3 Asia Pacific Pest Analysis 30
3.3.4 Middle East & Africa Pest Analysis 32
3.3.5 South America Pest Analysis 34
4. Digital Transformation Market – Key Industry Dynamics 36
4.1 Key Market Drivers 36
4.1.1 Digital Transformation Solutions Enabling Companies To Reach Large Masses Will Act As A Major Factor Driving The Growth Of The Market 36
4.1.2 Constantly Evolving Customer Experiences Encouraging Enterprises To Adopt Digital Solutions 36
4.2 Key Market Restraints 37
4.2.1 Issues Related To Security And Privacy Affecting Adoption Of Digital Solutions 37
4.3 Key Market Opportunities 37
4.3.1 Space For Implementation Across Smes Provides Significant Opportunity To The Players In The Value Chain 37
4.3.2 Increasing Adoption Of Digital Solutions By Different Industry Verticals Offers Huge Scope To The Market To Expand 37
4.4 Future Trends 38
4.4.1 Advent Of Artificial Intelligence (Ai) Across Industries 38
4.5 Impact Analysis Of Drivers And Restraints 39
5. Digital Transformation Market – Global Market Analysis 40
5.1 Digital Transformation Market – Global Market Overview 40
5.2 Digital Transformation Market – Global Market And Forecast To 2025 40
6. Digital Transformation Market Revenue And Forecasts To 2025 – Components 41
6.1 Overview 41
6.2 Components Market Forecasts And Analysis 41
6.3 Solutions 42
6.3.1 Overview 42
6.3.2 Solutions Market Forecasts And Analysis 42
6.3.2.1 Mobility 44
6.3.2.1.1 Overview 44
6.3.2.1.2 Mobility Market Forecasts And Analysis 44
6.3.2.2 Big Data & Analytics 46
6.3.2.2.1 Overview 46
6.3.2.2.2 Big Data & Analytics Market Forecasts And Analysis 46
6.3.2.3 Artificial Intelligence 47
6.3.2.3.1 Overview 47
6.3.2.3.2 Artificial Intelligence Market Forecasts And Analysis 47
6.3.2.4 Iot 48
6.3.2.4.1 Overview 48
6.3.2.4.2 Iot Market Forecasts And Analysis 48
6.3.2.5 Others 49
6.3.2.5.1 Overview 49
6.3.2.5.2 Others Market Forecasts And Analysis 49
6.4 Services 50
6.4.1 Overview 50
6.4.2 Services Market Forecasts And Analysis 50
6.4.2.1 Professional Services 52
6.4.2.1.1 Overview 52
6.4.2.1.2 Professional Services Market Forecasts And Analysis 52
6.4.2.2 Managed Services 53
6.4.2.2.1 Overview 53
6.4.2.2.2 Managed Services Market Forecasts And Analysis 53
7. Digital Transformation Market Revenue And Forecasts To 2025 – Deployment Type 54
7.1 Overview 54
7.2 Deployment Type Market Forecasts And Analysis 54
7.3 Cloud Market 54
7.3.1 Overview 54
7.3.2 Cloud Market Forecasts And Analysis 55
7.4 On-Premise Market 55
7.4.1 Overview 55
7.4.2 On-Premise Market Forecasts And Analysis 55
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The Insight Partners
Sameer Joshi
+91 9666111581
sam@theinsightpartners.com
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