According to the current analysis of Reports and Data, the global digital transformation market was valued at USD 469.71 Billion in 2020 and is expected to reach USD 1,560.53 Billion by 2028, at a CAGR of 16.1%. The study provides an overall insight into the factors responsible for the growth in the Digital Transformation market. Owing to rising urbanization and digitalization across the world, organizations are switching towards using technology driving solutions to match the rapid pace of business growth and implementation of techniques in today’s scenario. Parallel growth of end user Industries like BFSI and Healthcare sectors is expected to drive the digital transformation market. Furthermore, digital transformation has helped organizations in expanding customer base through better interactions and swifter customer support services.
The growth of digital transformation market is expected to be restrained because of low awareness regarding use of digital transformation and stigma against using IOT and Cloud services owing to its vulnerability and possibility of leak of data. It is anticipated that extensive research and development funded by various companies and governments would help in overcoming this challenge and convert it into an opportunity for the market to thrive upon. The paramount importance of confidentiality and secrecy in the operation of many government and private companies is expected to grow the size of the digital transformation market. The digital transformation solutions have different applications in the several end-user industries. The manufacturing end-user industry offers the most opportunities in the digital transformation market. The manufacturing end-user has many different processes involved in their day-to-day operations. The solutions enable the transformation of the conventional practices digitally using automation, analytics, machine learning, and cloud computing technologies. There are several vendors offering the digital transformation solution in the market. These companies have adopted different growth strategies for increasing their geographical footprint and enhance their digital transformation products and services.
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For the purpose of this report, Reports and Data have segmented the digital transformation market on the basis of technology, component type, business function, deployment type, end-user, and region:
Component type (Revenue in USD Million; 2018–2028)
Technology (Revenue in USD Million; 2018–2028)
Business Function (Revenue in USD Million; 2018–2028)
Deployment type (Revenue in USD Million; 2018–2028)
Organization Size type (Revenue in USD Million; 2018–2028)
End-User (Revenue in USD Million; 2018–2028)
Regional Outlook (Revenue in USD Million; 2018–2028)
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Table of Content:
Chapter 1. Market Synopsis 1.1. Market Definition 1.2. Research Scope & Premise 1.3. Methodology 1.4. Market Estimation Technique Chapter 2. Executive Summary 2.1. Summary Snapshot, 2020 – 2028 Chapter 3. Indicative Metrics Chapter 4. Digital Transformation Market Segmentation & Impact Analysis 4.1. Digital Transformation Market Material Segmentation Analysis 4.2. Industrial Outlook 4.2.1. Market indicators analysis 4.2.2. Market drivers analysis 4.2.3. Advent of technologies like AI, ML, Cloud Computing and IoT 4.2.4. Increased efficiency, predictive maintenance & reduction if required 4.2.5. Market restraints analysis 4.2.6. Low awareness regarding benefits of using virtual sensors 4.2.7. Stigma among SMEs against using cloud based services. 4.3. Technological Insights 4.4. Regulatory Framework 4.5. ETOP Analysis 4.6. Porter’s Five Forces Analysis 4.7. Competitive Metric Space Analysis 4.8. Price trend Analysis 4.9. Customer Mapping 4.10. Covid-19 Impact Analysis 4.10.1. Outlook for Q1 2020 4.10.2. Outlook for Q2 2020 4.10.3. Outlook for Q3 2020 4.10.4. Outlook for Q4 2020 4.11. Global Recession Influence Chapter 5. Digital Transformation By Component Insights & Trends 5.1. Component Dynamics & Market Share, 2021 & 2028 5.2. Solutions 5.2.1. Market estimates and forecast, 2018 – 2028 (USD Billion) 5.2.2. Market estimates and forecast, By Region, 2018 – 2028 (USD Billion) 5.3. Services 5.3.1. Market estimates and forecast, 2018 – 2028 (USD Billion) 5.3.2. Market estimates and forecast, By Region, 2018 – 2028 (USD Billion) 5.3.3. Managed Services 5.3.3.1. Market estimates and forecast, 2018 – 2028 (USD Billion) 5.3.3.2. Market estimates and forecast, By Region, 2018 – 2028 (USD Billion) 5.3.4. Professional Services 5.3.4.1. Market estimates and forecast, 2018 – 2028 (USD Billion) 5.3.4.2. Market estimates and forecast, By Region, 2018 – 2028 (USD Billion) Chapter 6. Digital Transformation By Technology Insights & Trends 6.1. Technology Dynamics & Market Share, 2021 & 2028 6.2. Cloud Computing 6.2.1. Market estimates and forecast, 2018 – 2028 (USD Billion) 6.2.2. Market estimates and forecast, By Region, 2018 – 2028 (USD Billion) 6.3. Big Data & Analytics 6.3.1. Market estimates and forecast, 2018 – 2028 (USD Billion) 6.3.2. Market estimates and forecast, By Region, 2018 – 2028 (USD Billion) 6.4. Mobility/Social Media 6.4.1. Market estimates and forecast, 2018 – 2028 (USD Billion) 6.4.2. Market estimates and forecast, By Region, 2018 – 2028 (USD Billion) 6.5. Cybersecurity 6.5.1. Market estimates and forecast, 2018 – 2028 (USD Billion) 6.5.2. Market estimates and forecast, By Region, 2018 – 2028 (USD Billion) 6.6. Artificial Intelligence 6.6.1. Market estimates and forecast, 2018 – 2028 (USD Billion) 6.6.2. Market estimates and forecast, By Region, 2018 – 2028 (USD Billion) 6.7. Internet of Things (IoT) 6.7.1. Market estimates and forecast, 2018 – 2028 (USD Billion) 6.7.2. Market estimates and forecast, By Region, 2018 – 2028 (USD Billion) 6.8. Others 6.8.1. Market estimates and forecast, 2018 – 2028 (USD Billion) 6.8.2. Market estimates and forecast, By Region, 2018 – 2028 (USD Billion) Chapter 7. Digital Transformation By Business Function Insights & Trends 7.1. Business Function Dynamics & Market Share, 2021 & 2028 7.2. Customer Transformation 7.2.1. Market estimates and forecast, 2018 – 2028 (USD Billion) 7.2.2. Market estimates and forecast, By Region, 2018 – 2028 (USD Billion) 7.3. Workforce Transformation 7.3.1. Market estimates and forecast, 2018 – 2028 (USD Billion) 7.3.2. Market estimates and forecast, By Region, 2018 – 2028 (USD Billion) 7.4. Product Transformation 7.4.1. Market estimates and forecast, 2018 – 2028 (USD Billion) 7.4.2. Market estimates and forecast, By Region, 2018 – 2028 (USD Billion) 7.5. Others 7.5.1. Market estimates and forecast, 2018 – 2028 (USD Billion) 7.5.2. Market estimates and forecast, By Region, 2018 – 2028 (USD Billion) Chapter 8. Digital Transformation By Deployment Mode Insights & Trends 8.1. Deployment Mode Dynamics & Market Share, 2021 & 2028 8.2. Cloud 8.2.1. Market estimates and forecast, 2018 – 2028 (USD Billion) 8.2.2. Market estimates and forecast, By Region, 2018 – 2028 (USD Billion) 8.3. On-Premise 8.3.1. Market estimates and forecast, 2018 – 2028 (USD Billion) 8.3.2. Market estimates and forecast, By Region, 2018 – 2028 (USD Billion) Chapter 9. Digital Transformation By Organization Size Insights & Trends 9.1. Organization Size Dynamics & Market Share, 2021 & 2028 9.2. Large Enterprise 9.2.1. Market estimates and forecast, 2018 – 2028 (USD Billion) 9.2.2. Market estimates and forecast, By Region, 2018 – 2028 (USD Billion) 9.3. Medium scale Enterprise 9.3.1. Market estimates and forecast, 2018 – 2028 (USD Billion) 9.3.2. Market estimates and forecast, By Region, 2018 – 2028 (USD Billion) 9.4. Small scale Enterprise 9.4.1. Market estimates and forecast, 2018 – 2028 (USD Billion) 9.4.2. Market estimates and forecast, By Region, 2018 – 2028 (USD Billion) Chapter 10. Digital Transformation By End Use Industry Insights & Trends 10.1. End Use Industry Dynamics & Market Share, 2021 & 2028 10.2. BFSI
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Chapter 12. Competitive Landscape 12.1. Market Revenue Share 12.2. Manufacturing Cost Breakdown Analysis 12.3. Mergers & Acquisitions 12.4. Market positioning 12.5. Strategy Benchmarking 12.6. Vendor Landscape Chapter 13. Company Profiles 13.1. IBM Corp. 13.1.1. Company Overview 13.1.2. Financial Performance 13.1.3. Technology Insights 13.1.4. Strategic Initiatives 13.2. Microsoft Corp. 13.2.1. Company Overview
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