The global digital transformation market is expected to witness growth with a CAGR of 17.5 % during the forecast period. Digital transformation is the integration of digital technology in all areas of business that results in fundamental changes in how the service is delivered to the customers and how the business is operated. Digital transformation helps an organisation to improve the experience of their customers, employees, suppliers, stakeholders, and partners. The technology also provides benefits such as improved efficiency, better decision-making, customer satisfaction, and profitability.
Nowadays, companies are using the digital transformation platform to stay relevant and competitive in the business world. Digital technology enables organizations to use cutting-edge technology in order to improve customer experience. Due to this, various companies are now adopting digital transformation strategies to gain customer trust and respect.
The growing digital business platform demands skillsets such as artificial intelligence, augmented reality, cloud computing, machine learning, and others. The cloud computing technology provides features such as cost and labour effectiveness, agility, faster prototyping, and others. Due to this, there is an increase in the adoption of cloud computing technology by organisations, thereby driving the growth of the digital transformation market.
The digital transformation market is segmented based on component, deployment, technology, and end-user. Based on technology, the cloud computing technology dominated the market in 2018, owing to the benefits offered by the segment such as cost efficiency, labor effectiveness, and others. In terms of deployment, the cloud segment holds a significant share in the market, owing to advantages such as easy accessibility and upgradeability, low deployment cost, and others. It also enables users to access solutions from their mobile devices or desktops, which is driving the demand for the segment.
North America dominated the market in 2018 and is expected to show similar trends in coming years. The increasing adoption of the digital transformation platform by organizations is driving the market in the region.
Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Research Methodology
1.3.1 Phase I – Secondary Research
1.3.2 Phase II – Primary Research
1.3.3 Phase III – Expert Panel Review
1.3.4 Approach Adopted
1.3.4.1 Top-Down Approach
1.3.4.2 Bottom-Up Approach
1.3.5 Assumptions
1.4 Market Segmentation Scope
Chapter 2 Executive Summary
2.1 Market Summary
2.1.1 Global Digital Transformation Market, 2016-2023, (US$ Mn)
2.1 Market Snapshot: Global Digital Transformation Market
2.2 Market Dynamics
2.3 Global Digital Transformation Market, by Segment, 2018
2.3.1 Global Digital Transformation Market, by Component , 2018, (US$ Mn)
2.3.2 Global Digital Transformation Market, by Deployment, 2018, (US$ Mn)
2.3.3 Global Digital Transformation Market, by Technology, 2018, (US$ Mn)
2.3.4 Global Digital Transformation Market, by End-user, 2018, (US$ Mn)
2.3.5 Global Digital Transformation Market, by Region, 2018 (US$ Mn)
2.4 Premium Insights
2.4.1 Digital Transformation Market In Developed Vs. Developing Economies, 2018 vs 2023
2.4.2 Global Digital Transformation Market: Regional Life Cycle Analysis
Chapter 3 Market Dynamics
3.1 Market Overview
3.2 Market Drivers
3.2.1 Rising adoption of cloud services
3.2.2 Increasing penetration of the Internet of Things
3.3 Market Restraints
3.3.1 Increasing security and privacy concerns
3.4 Market Opportunities
3.4.1 Growing demand for industrial automation
3.5 Industry Value Chain Analysis
3.5.1 Analyst’s Views
3.6 Industry SWOT Analysis
Chapter 4 Global Digital Transformation Market, by Component
4.1 Market Overview, by Component
4.1.1 Global Digital Transformation Market, by Component , 2016-2023 (US$ Mn)
4.1.2 Incremental Opportunity, by Component , From 2018-2023
4.2 Solutions
4.2.1 Global Digital Transformation Market, by Solutions, 2016-2023, (US$ Mn)
4.3 Services
4.3.1 Global Digital Transformation Market, by Services, 2016-2023, (US$ Mn)
Chapter 5 Global Digital Transformation Market, by Deployment
5.1 Market Overview, by Deployment
5.1.1 Global Digital Transformation Market, by Deployment, 2016-2023 (US$ Mn)
5.1.2 Incremental Opportunity, by Deployment, From 2018-2023
5.2 On-premises
5.2.1 Global Digital Transformation Market, by On-premises, 2016-2023, (US$ Mn)
5.3 Cloud
5.3.1 Global Digital Transformation Market, by Cloud, 2016-2023, (US$ Mn)
Chapter 6 Global Digital Transformation Market, by Technology
6.1 Market Overview, by Technology
6.1.1 Global Digital Transformation Market, by Technology, 2016-2023 (US$ Mn)
6.1.2 Incremental Opportunity, by Technology, From 2018-2023
6.2 Internet of Things
6.2.1 Global Digital Transformation Market, by Internet of Things, 2016-2023, (US$ Mn)
6.3 Big Data and Analytics
6.3.1 Global Digital Transformation Market, by Big Data and Analytics, 2016-2023, (US$ Mn)
6.4 Machine Learning
6.4.1 Global Digital Transformation Market, by Machine Learning, 2016-2023, (US$ Mn)
6.5 Cloud Computing
6.5.1 Global Digital Transformation Market, by Cloud Computing, 2016-2023, (US$ Mn)
6.6 Others
6.6.1 Global Digital Transformation Market, by Others, 2016-2023, (US$ Mn)
Chapter 7 Global Digital Transformation Market, by End-user
7.1 Market Overview, by End-user
7.1.1 Global Digital Transformation Market, by End-user, 2016-2023 (US$ Mn)
7.1.2 Incremental Opportunity, by End-user, From 2018-2023
7.2 BFSI
7.2.1 Global Digital Transformation Market, by BFSI, 2016-2023, (US$ Mn)
7.3 Retail
7.3.1 Global Digital Transformation Market, by Retail, 2016-2023, (US$ Mn)
7.4 Automotive
7.4.1 Global Digital Transformation Market, by Automotive, 2016-2023, (US$ Mn)
7.5 IT & Telecommunication
7.5.1 Global Digital Transformation Market, by IT & Telecommunication, 2016-2023, (US$ Mn)
7.6 Others
7.6.1 Global Digital Transformation Market, by Others, 2016-2023, (US$ Mn)
Chapter 8 Global Digital Transformation Market, by Region
8.1 Market Overview, by Region
8.1.1 Global Digital Transformation Market, by Region, 2016-2023, (US$ Mn)
8.2 Attractive Investment Opportunity, by Region, 2018
8.3 North America Digital Transformation Market
8.3.1 North America Digital Transformation Market, by Component , 2016-2023 (US$ Mn)
8.3.2 North America Digital Transformation Market, by Deployment, 2016-2023 (US$ Mn)
8.3.3 North America Digital Transformation Market, by Technology, 2016-2023 (US$ Mn)
8.3.4 North America Digital Transformation Market, by End-user, 2016-2023 (US$ Mn)
8.3.5 United States Country Profile
8.3.5.1 United States Digital Transformation Market, 2016-2023 (US$ Mn)
8.3.6 Canada Country Profile
8.3.6.1 Canada Digital Transformation Market, 2016-2023 (US$ Mn)
8.3.7 Mexico Country Profile
8.3.7.1 Mexico Digital Transformation Market, 2016-2023 (US$ Mn)
8.4 Europe Digital Transformation Market
8.4.1 Europe Digital Transformation Market, by Component , 2016-2023 (US$ Mn)
8.4.2 Europe Digital Transformation Market, by Deployment, 2016-2023 (US$ Mn)
8.4.3 Europe Digital Transformation Market, by Technology, 2016-2023 (US$ Mn)
8.4.4 Europe Digital Transformation Market, by End-user, 2016-2023 (US$ Mn)
8.4.5 United Kingdom Country Profile
8.4.5.1 United Kingdom Digital Transformation Market, 2016-2023 (US$ Mn)
8.4.6 Germany Country Profile
8.4.6.1 Germany Digital Transformation Market, 2016-2023 (US$ Mn)
8.4.7 France Country Profile
8.4.7.1 France Digital Transformation Market, 2016-2023 (US$ Mn)
8.4.8 Italy Country Profile
8.4.8.1 Italy Digital Transformation Market, 2016-2023 (US$ Mn)
8.4.9 Spain Country Profile
8.4.9.1 Spain Digital Transformation Market, 2016-2023 (US$ Mn)
8.4.10 Rest of Europe
8.4.10.1 Rest of Europe Digital Transformation Market, 2016-2023 (US$ Mn)
8.5 Asia Pacific Digital Transformation Market
8.5.1 Asia Pacific Digital Transformation Market, by Component , 2016-2023 (US$ Mn)
8.5.2 Asia Pacific Digital Transformation Market, by Deployment, 2016-2023 (US$ Mn)
8.5.3 Asia Pacific Digital Transformation Market, by Technology, 2016-2023 (US$ Mn)
8.5.4 Asia Pacific Digital Transformation Market, by End-user, 2016-2023 (US$ Mn)
8.5.5 China Country Profile
8.5.5.1 China Digital Transformation Market, 2016-2023 (US$ Mn)
8.5.6 Japan Country Profile
8.5.6.1 Japan Digital Transformation Market, 2016-2023 (US$ Mn)
8.5.7 India Country Profile
8.5.7.1 India Digital Transformation Market, 2016-2023 (US$ Mn)
8.5.8 Indonesia Country Profile
8.5.8.1 Indonesia Digital Transformation Market, 2016-2023 (US$ Mn)
8.5.9 Thailand Country Profile
8.5.9.1 Thailand Digital Transformation Market, 2016-2023 (US$ Mn)
8.5.10 Rest of Asia Pacific
8.5.10.1 Rest of Asia Pacific Digital Transformation Market, 2016-2023 (US$ Mn)
8.6 Latin America Digital Transformation Market
8.6.1 Latin America Digital Transformation Market, by Component , 2016-2023 (US$ Mn)
8.6.2 Latin America Digital Transformation Market, by Deployment, 2016-2023 (US$ Mn)
8.6.3 Latin America Digital Transformation Market, by Technology , 2016-2023 (US$ Mn)
8.6.4 Latin America Digital Transformation Market, by End-user, 2016-2023 (US$ Mn)
8.6.5 Brazil Country Profile
8.6.5.1 Brazil Digital Transformation Market, 2016-2023 (US$ Mn)
8.6.6 Argentina Country Profile
8.6.6.1 Argentina Digital Transformation Market, 2016-2023 (US$ Mn)
8.6.7 Rest of Latin America
8.6.7.1 Rest of Latin America Digital Transformation Market, 2016-2023 (US$ Mn)
8.7 Middle East & Africa Digital Transformation Market
8.7.1 Middle East & Africa Digital Transformation Market, by Component , 2016-2023 (US$ Mn)
8.7.2 Middle East & Africa Digital Transformation Market, by Deployment, 2016-2023 (US$ Mn)
8.7.3 Middle East & Africa Digital Transformation Market, by Technology, 2016-2023 (US$ Mn)
8.7.4 Middle East & Africa Digital Transformation Market, by End-user, 2016-2023 (US$ Mn)
8.7.5 South Africa
8.7.5.1 South Africa Digital Transformation Market, 2016-2023 (US$ Mn)
8.7.6 GCC
8.7.6.1 GCC Digital Transformation Market, 2016-2023 (US$ Mn)
8.7.7 Rest of Middle East & Africa
8.7.7.1 Rest of Middle East & Africa Digital Transformation Market, 2016-2023 (US$ Mn)
Chapter 9 Competitive Intelligence
9.1 Introduction
9.2 Players Evaluated During the Study
9.3 Market Players Present in Market Life Cycle
9.4 Top 5 Players Comparison
9.5 Market Positioning of Key Players, 2018
9.6 Market Players Mapping
9.6.1 By Component
9.6.2 By Deployment
9.6.3 By Technology
9.6.4 By End-user
9.6.5 By Region
9.7 Strategies Adopted by Key Market Players
9.8 Recent Developments in the Market
9.8.1 Mergers & Acquisitions, Partnership, New Product Developments
9.9 Operational Efficiency Comparison by Key Players
Chapter 10 Company Profiles
10.1 IBM Corporation
10.1.1 IBM Corporation Overview
10.1.2 Key Stakeholders/Person in IBM Corporation
10.1.3 IBM Corporation Products Portfolio
10.1.4 IBM Corporation Financial Overview
10.1.5 IBM Corporation News/Recent Developments
10.2 Microsoft Corporation
10.2.1 Microsoft Corporation Overview
10.2.2 Key Stakeholders/Person in Microsoft Corporation
10.2.3 Microsoft Corporation Products Portfolio
10.2.4 Microsoft Corporation Financial Overview
10.2.5 Microsoft Corporation News/Recent Developments
10.3 SAP SE
10.3.1 SAP SE Overview
10.3.2 Key Stakeholders/Person in SAP SE
10.3.3 SAP SE Products Portfolio
10.3.4 SAP SE Financial Overview
10.3.5 SAP SE News/Recent Developments
10.4 Dell EMC
10.4.1 Dell EMC Overview
10.4.2 Key Stakeholders/Person in Dell EMC
10.4.3 Dell EMC Products Portfolio
10.4.4 Dell EMC Financial Overview
10.4.5 Dell EMC News/Recent Developments
10.5 Google LLC
10.5.1 Google LLC Overview
10.5.2 Key Stakeholders/Person in Google LLC
10.5.3 Google LLC Products Portfolio
10.5.4 Google LLC Financial Overview
10.5.5 Google LLC News/Recent Developments
10.6 Accenture PLC
10.6.1 Accenture PLC Overview
10.6.2 Key Stakeholders/Person in Accenture PLC
10.6.3 Accenture PLC Products Portfolio
10.6.4 Accenture PLC Financial Overview
10.6.5 Accenture PLC News/Recent Developments
10.7 CA Technologies
10.7.1 CA Technologies Overview
10.7.2 Key Stakeholders/Person in CA Technologies
10.7.3 CA Technologies Products Portfolio
10.7.4 CA Technologies Financial Overview
10.7.5 CA Technologies News/Recent Developments
10.8 Cognizant
10.8.1 Cognizant Overview
10.8.2 Key Stakeholders/Person in Cognizant
10.8.3 Cognizant Products Portfolio
10.8.4 Cognizant Financial Overview
10.8.5 Cognizant News/Recent Developments
10.9 Adobe Inc.
10.9.1 Adobe Inc. Overview
10.9.2 Key Stakeholders/Person in Adobe Inc.
10.9.3 Adobe Inc. Products Portfolio
10.9.4 Adobe Inc. Financial Overview
10.9.5 Adobe Inc. News/Recent Developments
10.10 Oracle Corporation
10.10.1 Oracle Corporation Overview
10.10.2 Key Stakeholders/Person in Oracle Corporation
Summary: Get latest Market Research Reports on Digital Transformation . Industry analysis & Market Report on Digital Transformation is a syndicated market report, published as Global Digital Transformation Market - Segment Analysis, Opportunity Assessment, Competitive Intelligence, Industry Outlook 2016-2023. It is complete Research Study and Industry Analysis of Digital Transformation market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.