Digital Transformation Market – Global Industry Size, Share, Trends, Opportunity, and Forecast. 2018-2028, Segmented By Technology (Data Analytics, Cloud Computing, AI, IoT, and Block Chain),By End Use (Healthcare, Government, BFSI, Retail, Manufacturing, Telecom & IT, and Others), By Deployment (Cloud and On-premises), By Region, Competition

Published Date: November - 2024 | Publisher: MIR | No of Pages: 320 | Industry: ICT | Format: Report available in PDF / Excel Format

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Digital Transformation Market – Global Industry Size, Share, Trends, Opportunity, and Forecast. 2018-2028, Segmented By Technology (Data Analytics, Cloud Computing, AI, IoT, and Block Chain),By End Use (Healthcare, Government, BFSI, Retail, Manufacturing, Telecom & IT, and Others), By Deployment (Cloud and On-premises), By Region, Competition

The global digital transformation market

Digital transformation across industries addresses several global issues within industries, including companies modernizing their supply chains, data-driven planning, and help companies gain a competitive advantage over their competitors. Through the software, digital transformation enables businesses to enhance their brand presence, customer experience, and customer retention rates. Organizations are gradually implementing digitalization to succeed in the rapidly changing technology world and address abrupt changes in the sector.

Internet Of Things Development

IoT is fueling the expansion of digital transformation across sectors. To increase productivity and decrease downtime, it transforms how industries approach the increasingly complex systems and machines they use. Smart industrial automation, also known as Industry 4.0 and IoT, is a new technical technique for creating, managing, and controlling the entire logistical chain.

Digitizing Enterprise Business Functions

Advanced technologies such as cloud, IoT, big data and analytics, mobility, and social media are driving innovation and changing the business landscape, leading to increased revenue. Digital transformation is about introducing digital technology into your business processes to change how you use technology and resources to deliver better value to your customers. Companies worldwide are accelerating their digital transformation through migration to the cloud, modernization of legacy IT infrastructure, IoT and more. For example, major cloud providers such as Microsoft Azure, Google Cloud, and Amazon Web Services (AWS) are investing billions of dollars in upgrading their cloud infrastructure, for improving redundancy, security and expanding busniness functionality.

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Market Segmentation

Global

Growing Need For Industrial Automation

Companies in the market are also expanding their offerings by adding new features to automation lifecycle management, workload management, credential management, SLA-based automation, Citrix Automation, and new data APIs. Such improvements will attract new industries seeking more advanced operational and security capabilities.Hence diriving the growth in the market.

Market player


MIR Segment1

Recent Development

In September 2021, SAP SE launched "Rise with SAP," a digital product that would make it possible for businesses and customers to use technology for digital transformation. It is a collection of subscription services that combines a number of services and product offers.

In October 2018, a prominent provider of digital solutions, Oracle Corporation, purchased the California-based artificial intelligence firm DataFox Intelligence, Inc. Oracle will provide businesses with AI-based enterprise data management into cloud apps as a result of this acquisition.

Attribute

Details

Base Year

2022

Historic Data

2018 â€“ 2021

Estimated Year

2023

Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Million and CAGR for 2018-2022 and 2024-2028

Report coverage

Revenue forecast, company share, growth factors, and trends

Segments covered

·         By Technology

·         By End Use

·         By Deployment

Regional scope

North America,Asia-Pacific, Europe, South America, Middle East

Country scope

United States, Canada, Mexico, China, Indian, Japan, South Korea, Australia, Singapore, Malaysia, Germany, United Kingdom, France, Russia, Spain, Belgium, Italy, Brazil, Colombia, Argentina, Peru, Chile,, Saudi Arabia, South Africa, UAE, Israel, Turkey

Key companies profiled

Amazon Web Services, Oracle Corporation,  Microsoft Corporation, VMware, Inc., SAP SE, IBM Corporation, Salesforce.com Inc., HCL Technologies Limited, Wipro Limited , Accenture plc

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