The latest research report by Emergen Research, named ‘Global Digital Transformation Market - Forecast to 2030 The coronavirus outbreak has led to drastic changes in the current Digital Transformation Market business landscape, limiting the growth opportunities for various manufacturers and buyers for the next few years. Besides making speculations about the market’s post-COVID-19 scenario, the report discusses its existing situation. The report eventually offers conclusive data related to the Digital Transformation Market growth assessed on both regional and global levels.
The global digital transformation market size reached USD 492.43 Billion in 2021 and is expected to register a revenue CAGR of 20.8% during the forecast period, according to the latest analysis by Emergen Research. Increasing awareness among organizations to adopt digital technology is the key factor driving market revenue growth.The process of using digital technology to develop new or modify existing business processes, culture, and customer experiences to meet changing business and market requirements is known as digital transformation. Digital transformation is frequently fueled by customer expectations. Businesses must embrace digital transformation if they want to succeed. A lot of businesses think they need to change to keep up with the evolving market forces brought on by digitization.
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This comprehensive study provides various aspects of business such as important definition, end use and total revenue generated across various regions. Besides this, researchers behind this study put in vigilant and persistent effort to keep a proximate attention on top performers of Digital Transformation Market industry. Import and export, demand and supply, gross margin, supply chain management and distribution channel are the other aspects examined during the research.
Overview of the Digital Transformation Market Report:
Competitive Landscape:
The latest report encases an in-depth summary of the intensely competitive landscape of the global Digital Transformation Market , with systematic profiling of the companies operating across this industry. In this section of the report, experts have listed down the strategic initiatives undertaken by these market rivals for proposed business expansion. Additionally, it highlights the key developments and financial positions of these companies to explain the overall market scenario. The company profiles of the established and new players have also been assessed in the report through effective analytical tools like SWOT analysis.
Major Companies and Competitive Landscape
The globalDigital Transformation Market is fragmented, with a number of small- and medium-sized players accounting for majority revenue share. Established companies are engaged in various research and development activities and initiatives to develop and deploy new and more efficient technologies and solutions in the
Digital Transformation Market . Some prominent players operating in the market are:
IBM, SAP SE, Oracle, Microsoft Corporation, Accenture, Google LLC, HCL Technologies Limited, Hewlett Packard Enterprise Development LP, Cisco Systems, Inc., Alibaba Cloud, Broadcom, Marlabs, Cognizant, and Capgemini.
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Emergen Research has segmented the global digital transformation market on the basis of component, deployment, organization size, end-use, and region:
Segmentation:
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