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    Digital Transformation Market

    Digital Transformation Market Size, Share, Forecast, & Trends Analysis by Offering (Solutions, Services), Organization Size, Deployment Mode, Technology (Cloud Computing, AI&ML, IoT, AR&VR), End Use Industry (BFSI, Healthcare, Retail & E-commerce), and Geography - Global Forecast to 2031

    Report ID:MRICT - 104279 Pages: 350 Aug-2024 Formats*: PDF Category: Information and Communications Technology Delivery: 24 to 48 Hours

    Digital Transformation Market Size & Forecast

    The Digital Transformation Market is projected to reach $5275.7 billion by 2031, at a CAGR of 22.4% from 2024–2031. The growth of the digital transformation market is driven by the high acceptance of smart devices and apps, and the increasing adoption of artificial intelligence & machine learning. Furthermore, the increasing adoption of blockchain as an important technology is expected to generate growth opportunities for the players operating in this market.

    Digital Transformation Market Growth Drivers

    Increasing Adoption of Artificial Intelligence and Machine Learning

    Artificial intelligence (AI) and machine learning (ML) are growing technologies accelerating and enhancing the process of digital transformation within organizations. The integration of AI in digital transformation allows businesses to automate routine processes, streamline operations, and enhance decision-making with tools such as machine learning, natural language processing, and computer vision. Additionally, businesses are increasingly integrating AI into digital transformation due to its numerous benefits such as improved efficiency in decision-making, increased profitability, enriched analytics, and a more comprehensive understanding of customer needs leading to better customer experiences.

    Moreover, the growing use of AI in digital transformation helps businesses optimize product timelines and transforms business strategies using advanced algorithms, data analytics, and machine learning. Thus, several companies are launching platforms to help organizations confidently adopt artificial intelligence (AI).

    For instance, in September 2023, Ernst & Young Global Limited (U.K.) launched EY.ai, a unifying platform that brings together human capabilities and AI, to assist clients in revolutionizing their businesses through the assured and ethical integration of AI. EY.ai leverages leading-edge EY technology platforms and AI capabilities, with deep experience in strategy, transactions, transformation, risk, assurance, and tax, all augmented by a robust AI ecosystem. Such developments help boost the demand of AI & ML in digital transformation during the forecast period.

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    Digital Transformation Market Opportunity

    Increasing Adoption of Blockchain as a Mainstream Technology

    The blockchain technology is one of the mainstream technologies used in digital transformation for better transparency and trust in industries such as finance, supply chain, and healthcare to reduce fraud and chance of errors. These industries are increasingly integrating blockchain due to its cryptographic nature, making it highly secure against tampering & unauthorized access to sensitive data. Additionally, blockchain technology streamlines the process by eliminating intermediaries and automates transaction through smart contracts that help reduce costs associated with traditional methods.

    Furthermore, the growing demand for blockchain technology stems from the increasing requirements for transparency, security, and efficiency in transactions and data management among both consumers and businesses. Many financial institutes are increasingly integrating blockchain platform in their businesses to improve security and efficiency. For instance, in April 2023, Skandinaviska Enskilda Banken AB (publ) (Sweden) and Crédit Agricole CIB (France) jointly launched so|bond, a sustainable and open platform for digital bonds built on blockchain technology aiming at improving efficiency and enabling real-time data synchronization across participants. This blockchain technology uses a validation protocol and proof of climate awareness that encourages its participants to minimize their environmental footprint. These advancements contribute to the accelerated adoption of blockchain technology in the realm of digital transformation.

    Digital Transformation Market Trends

    Rising Integration of Robotic Process Automation (RPA) in E-commerce

    The increasing integration of robotic process automation (RPA) in e-commerce aims to automate repetitive tasks, streamline operations, and enhance overall business efficiency. RPA employs software bots to automate tasks that are typically rules-based and repetitive, traditionally performed by humans within e-commerce systems. These tasks include data entry, generating and processing standard invoices, answering common customer queries, sending automated messages to customers and suppliers, and tracking inventory status.

    Moreover, one of the most significant advantages of RPA in E-commerce is inventory management. Therefore, RPA systems, when combined with predictive analytics, facilitate highly accurate demand forecasting, automatically adjusting supplier orders and reallocating inventory as necessary. Numerous companies offer RPA systems tailored for e-commerce applications. For instance, in January 2024, Zuci Systems Inc (U.S.) partnered with Automation Anywhere, Inc. (U.S.) to offers robotic process automation (RPA) solution. A combined solution integrating RPA, AI, and deep learning will significantly benefit job roles that entail manually performing repetitive, rule-based tasks in business processes, especially within industries such as banking, financial services, and e-commerce. These sectors often rely heavily on manual and repetitive tasks, such as customer service operations. Such growing developments help to increase the demand of RPA technology in E-commerce during the forecast period.

    Digital Transformation Market Analysis: Key Findings

    By Offering: In 2024, the Services Segment to Dominate the Digital Transformation Market

    Based on offering, the global digital transformation market is segmented into solutions and services. In 2024, the services segment is expected to account for the large share of over 57.0% of the global digital transformation market. The segment's large market share is attributed to the growing need to improve productivity and profitability through improved resource management using digital transformation services; the growing adoption of digital transformation services, aiming to enhance organizational agility and resilience in business operations. Digital transformation is increasingly utilized to prevent errors by eliminating time-consuming manual data entry and addressing human inefficiencies. Furthermore, the increasing use of digital transformation services includes reducing overhead costs through integration with back-office systems, automating delivery processes and product updates, and facilitating inter-device activation.

    The services segment is expected to register the highest CAGR during the forecast period.

    By Organization Size: In 2024, the Large Enterprises Segment to Dominate the Digital Transformation Market

    Based on organization size, the global digital transformation market is segmented into large enterprises and small & medium-sized enterprises. In 2024, the large enterprises segment is expected to account for the larger share of over 58.0% of the global digital transformation market. The segment's large market share is attributed to the growing adoption of digital transformation in large enterprises to automate process and workflows, thereby enhancing operational efficiency. Digital transformation allows large enterprises to provide personalized experiences to customers through data analytics and targeted marketing strategies. This digital transformation helps to enhance security measures ensuring data protection in large enterprises to mitigate risks associated with cyberthreats.

    However, the small & medium-sized enterprises segment is expected to register a higher CAGR during the forecast period. The growth of this segment is attributed to the growing adoption of digital transformation in SMEs to reduce operational costs and improve productivity by automating routine tasks and processes, and the rising use of digital technologies in SMEs helps to adapt changing market conditions and customer demands for better agility in decision-making and operations. Moreover, the digital transformation helps SME’s to streamlines their operations and enhance customer relationship that aid them in achieving sustainable growth and success in their respective industries.

    By Deployment Mode: In 2024, the Cloud-based Deployment Segment to Dominate the Digital Transformation Market

    Based on deployment mode, the global digital transformation market is segmented into cloud-based deployment and on-premise deployment. In 2024, the cloud-based deployment segment is expected to account for the larger share of over 56.0% of the global digital transformation market. The segment's large market share is attributed to the growing adoption of cloud-based digital transformation systems, helping in improving access to data, allowing collaboration and communication of business process in real-time.

    The cloud-based digital transformation provides robust security measures such as data encryption, multi-factor authentication, and regular security audits to protect data and applications. Additionally, there is an increasing adoption of cloud architecture by organizations to enhance IT compliances and lower complexity of IT infrastructure management.

    The cloud-based segment is expected to register a higher CAGR during the forecast period.

    By Technology: In 2024, the Cloud Computing Segment to Dominate the Digital Transformation Market

    Based on technology, the global digital transformation market is segmented into mobile technology, internet-of-things (IoT), Network connectivity, digital twin & simulation, robotic process automation, cloud computing, artificial intelligence & machine learning, AR & VR, additive manufacturing & 3D printing, big data & real-time analytics, cybersecurity, and other technologies. In 2024, the cloud computing segment is expected to account for the largest share of over 26.0% of the global digital transformation market. The segment's large market share is attributed to the growing adoption of cloud computing in digital transformation for enhancing collaboration within and outside an organization by enabling seamless access and sharing of data & applications across devices and departments, and the growing use cloud computing in digital transformation providing automation advantages that enhance efficiency, agility, and cost-effectiveness in multiple areas of business operations. Moreover, cloud computing offers access to high-speed servers, up-to-date databases, and the latest new-age technology tools crucial for driving digital transformations.

    However, the artificial intelligence & machine learning segment is expected to register the highest CAGR during the forecast period. The growth of this segment is attributed to the growing adoption of AI in digital transformation to facilitate better decision-making through advanced analytics and predictive modelling; the rising integration of AI in digital renovation caused by advanced machine learning algorithms to analyze patterns and predict potential security threats. Additionally, the growing use of AI to gain a comprehensive understanding of customers by collecting real-time data that helps enhance customer engagement and automate routine CRM tasks.

    By End-use Industry: In 2024, the BFSI Segment to Dominate the Digital Transformation Market

    Based on end-use industry, the global digital transformation market is segmented into retail & E-commerce, government & public sector, healthcare, supply chain & logistics, energy & utility, manufacturing, BFSI, IT & telecommunications, media & entertainment, education, transportation, and other end-use industries. In 2024, the BFSI segment is expected to account for the largest share of over 29.0% of the global digital transformation market. The segment's large market share is attributed to the growing adoption of digital transformation in BFSI to streamline processes, improve customer services, and offer personalized experiences; the increasing integration of digital technologies such as AI & ML in banks and financial institutions to detect anomalous activity and prevent fraud. Moreover, the increasing adoption of cloud computing in banks & financial institutions to store & manage large volumes of information, increase productivity, and scale operations.

    However, the healthcare segment is expected to register the highest CAGR during the forecast period. The growth in this sector is attributed to the increasing adoption of digital transformation in healthcare facilities. This includes streamlining appointment scheduling and maintaining patient records. The rising use of digital technologies in healthcare aims to enhance patient outcomes, such as improved care coordination and personalized treatment regimens. Additionally, the increasing adoption of telehealth and virtual care allows patients to receive remote monitoring and healthcare services from the comfort of their homes.

    Geographical Analysis

    In 2024, North America Region to Dominate the Digital Transformation Market

    In 2024, North America is expected to account for the largest share of over 44.0% of the global digital transformation market. North America’s significant market share can be attributed to the increasing investments in digital technologies such as cloud computing, IoT, and AI & ML in the region; the rising integration of robotic process automation (RPA) in retail & E-commerce companies in North America; and the increasing integration of digital technologies such as AI & ML in BFSI sector of the region to detect anomalous activity and prevent fraud.

    However, the Asia-Pacific market is expected to register the highest CAGR of over 24.0% during the forecast period. The growth of this market is attributed to the increasing government initiatives & policies towards digitization in developing nations in Asia-Pacific; the increasing adoption of AI & robotics in manufacturing industries in the region; the growing integration of AR & VR to enhance consumer experience in retail & E-commerce sector; and the rapid proliferation of smart devices and apps in business operation in the region.

    Digital Transformation Market: Key Companies

    The report offers a competitive analysis based on an extensive assessment of the leading players’ product portfolios, geographic presence, and key growth strategies adopted in the last three to four years. Some of the key players operating in the digital transformation market are International Business Machines Corporation (U.S.), Siemens AG (Germany), Microsoft Corporation (U.S.), SAP SE (Germany), Capgemini SE (France), ABB Ltd. (Switzerland), Deutsche Telekom AG (Germany), Telefónica, S.A. (Spain), Accenture plc (Ireland), TE Connectivity Ltd. (Switzerland), NXP Semiconductors N.V. (Netherlands), Telefonaktiebolaget LM Ericsson (Sweden), Intel Corporation (U.S.), Tata Consultancy Services Limited (India), and Cisco Systems, Inc. (U.S.).

    Digital Transformation Industry Overview: Latest Developments from Key Industry Players
    • In February 2023, Siemens AG (Germany) launched Tecnomatix Process Simulate Collaborate, a web-based application designed to maximize productivity on Process Simulate studies. The use of 3D simulation and visualization help improve digital environment, design, safety and quality of products.
    • In February 2023, General Electric Company (U.S.) announced new enhancements to its cloud-based Manufacturing Execution Systems (MES) software in the Proficy Smart Factory portfolio. With MES as a Service, manufacturers can fast track modern manufacturing operations and frontline guidance, enabling connected workers across the enterprise.
    • In October 2022, Rockwell Automation, Inc. (U.S.) partnered with Cognite A.S. (Norway) to unlock the value of manufacturing data and accelerate technological change for the industry. The Rockwell’s FactoryTalk® software offering of next-generation edge connectivity to plant assets, operations management applications, and industry-tailored analytics with Cognite’s leading Industrial DataOps platform, Cognite Data Fusion, to create an industrial data hub ready for enterprise-wide scaling.
     

    Digital Transformation Market Research Summary

    Particulars

    Details

    Number of Pages

    350

    Format

    PDF

    Forecast Period

    2024–2031

    Base Year

    2023

    CAGR (Value)

    22.4%

    Market Size (Value)

    USD 5275.7 Billion by 2031

    Segments Covered

    By Offering

    • Solutions
    • Services
      • Consulting Services
      • Planning and Designing Services
      • Engineering Services
      • Support and Maintenance Services
      • Application Development Services
      • Network Infrastructure Management Services
      • Other Services

    By Organization Size

    • Large Enterprises
    • Small & Medium-sized Enterprises

    By Deployment Mode

    • Cloud-based Deployment
    • On-premise Deployment

    By Technology

    • Mobile Technology
    • Internet-of-Things (IoT)
    • Network Connectivity
    • Digital Twin & Simulation
    • Robotic Process Automation
    • Cloud Computing
    • Artificial Intelligence & Machine Learning
    • AR & VR
    • Additive Manufacturing & 3D Printing
    • Big Data & Real-time Analytics
    • Cybersecurity
    • Other Technologies

    By End-use Industry

    • Retail & E-commerce
    • Government & Public Sector
    • Healthcare
    • Supply Chain & Logistics
    • Energy & Utility
    • Manufacturing
    • BFSI
    • IT & Telecommunications
    • Media & Entertainment
    • Education
    • Transportation
    • Other End-use Industries

    Countries Covered

    North America (U.S., Canada), Europe (Germany, U.K., France, Italy, Netherlands, Spain, Sweden, and Rest of Europe), Asia-Pacific (China, India, Japan, South Korea, Singapore, Australia & New Zealand, Indonesia, and Rest of Asia-Pacific), Latin America (Brazil, Mexico, and Rest of Latin America), and Middle East & Africa (Saudi Arabia, UAE, Israel, and Rest of Middle East & Africa)

    Key Companies

    International Business Machines Corporation (U.S.), Siemens AG (Germany), Microsoft Corporation (U.S.), SAP SE (Germany), Capgemini SE (France), ABB Ltd. (Switzerland), Deutsche Telekom AG (Germany), Telefónica, S.A. (Spain), Accenture plc (Ireland), TE Connectivity Ltd. (Switzerland), NXP Semiconductors N.V. (Netherlands), Telefonaktiebolaget LM Ericsson (Sweden), Intel Corporation (U.S.), Tata Consultancy Services Limited (India), and Cisco Systems, Inc. (U.S.).

    Key questions answered in the digital transformation market report:

    The digital transformation market study focuses on the market assessment and opportunity analysis through the sales of digital transformation solutions across various regions and countries through different market segments. This study is also focused on competitive analysis for digital transformation based on an extensive assessment of the leading players’ product portfolios, geographic presence, and key growth strategies.

    The global digital transformation market is projected to reach $5275.7 billion by 2031, at a CAGR of 22.4% from 2024–2031.

    In 2024, the cloud computing segment is expected to account for the largest share of over 26.0% of the global digital transformation market. The segment's large market share is attributed to the growing adoption of cloud computing in digital renovation for enhancing collaboration within and outside an organization by enabling seamless access & sharing of data and applications across devices and departments, and the growing use cloud computing in digital transformation provides automation advantages that enhance efficiency, agility, and cost-effectiveness in multiple areas of business operations.

    The healthcare segment is expected to register the highest CAGR during the forecast period. The growth of this segment is attributed to the growing adoption of digital transformation in healthcare facilities to streamline appointment scheduling & maintaining patient records; the increasing use of digital technologies in healthcare is to improve patient outcomes such as better care coordination and individualized treatment regimens; and the rising use of telehealth and virtual care, patients receive remote monitoring & care from their homes.

    The growth of the digital transformation market is driven by the rapid proliferation of smart devices and apps and the increasing adoption of artificial intelligence & machine learning. Furthermore, the increasing adoption of blockchain as a mainstream technology is expected to generate growth opportunities for the players operating in this market.

    The key players operating in the digital transformation market are Samsung Electronics Co., Ltd. (key players operating in the digital transformation market are International Business Machines Corporation (U.S.), Siemens AG (Germany), Microsoft Corporation (U.S.), SAP SE (Germany), Capgemini SE (France), ABB Ltd. (Switzerland), Deutsche Telekom AG (Germany), Telefónica, S.A. (Spain), Accenture plc (Ireland), TE Connectivity Ltd. (Switzerland), NXP Semiconductors N.V. (Netherlands), Telefonaktiebolaget LM Ericsson (Sweden), Intel Corporation (U.S.), Tata Consultancy Services Limited (India), and Cisco Systems, Inc. (U.S.).

    The Asia-Pacific market is expected to register the highest CAGR of over 24.0% during the forecast period. The growth of this market is attributed to increasing government initiatives and policies for digitization in developing nations in Asia-Pacific; the increasing adoption of AI & robotics in manufacturing industries in the region; the growing integration of AR & VR to enhance consumer experience in retail & E-commerce sector; and the rapid proliferation of smart devices and apps in business operations in the region.

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    Related Tag: Digital Transformation Market Cloud Computing Internet of Things (IoT) Digital Twin & Simulation Robotic Process Automation Artificial Intelligence & Machine Learning Additive Manufacturing & 3D Printing Cybersecurity Retail & E-commerce BFSI IT & Telecommunication Planning & Designing Services Support and Maintenance Services Network Infrastructure Management Services
    Next Generation Technologies
    Information and Communications Technology

    1.  Introduction
        1.1.  Market Definition & Scope
        1.2.  Currency & Limitations
            1.2.1.  Currency
            1.2.2.  Limitations
    2.  Research Methodology
        2.1.  Research Approach
        2.2.  Process of Data Collection and Validation
            2.2.1.  Secondary Research
            2.2.2.  Primary Research / Interviews with Key Opinion Leaders from the Industry
        2.3.  Market Sizing and Forecast
            2.3.1.  Market Size Estimation Approach
            2.3.2.  Growth Forecast Approach
    3.  Executive Summary
        3.1.  Market Overview
        3.2.  Market Analysis, by Offering
        3.3.  Market Analysis, by Organization Size
        3.4.  Market Analysis, by Deployment Mode
        3.5.  Market Analysis, by Technology
        3.6.  Market Analysis, by End-use Industry
        3.7.  Market Analysis, by Geography
        3.8.  Competitive Analysis
    4.  Market Insights
        4.1.  Overview
        4.2.  Factors Affecting Market Growth
            4.2.1.  Drivers
                4.2.1.1.  Rapid Proliferation of Smart Devices and Apps
                4.2.1.2.  Increasing Adoption of Artificial Intelligence & Machine Learning
            4.2.2.  Restraints
                4.2.2.1.  Lack of Data Privacy and Security Concerns
            4.2.3.  Opportunities
                4.2.3.1.  Increasing Adoption of Blockchain as a Mainstream Technology
            4.2.4.  Challenges
                4.2.4.1.  Reliance on Legacy Systems and Outdated Technologies
        4.3.  Key Trends
            4.3.1.  Growing Use of IoT and Edge Computing in Manufacturing Facilities
            4.3.2.  Rising Integration of Robotic Process Automation (RPA) in E-commerce
        4.4.  Case Studies
            4.4.1.  Case Study A
            4.4.2.  Case Study B
            4.4.3.  Case Study C
        4.5.  Supply Chain Analysis
    5.  Digital Transformation Market Assessment—by Offering
        5.1.  Overview
        5.2.  Solutions
        5.3.  Services
            5.3.1.  Consulting Services
            5.3.2.  Planning & Designing Services
            5.3.3.  Engineering Services
            5.3.4.  Support & Maintenance Services
            5.3.5.  Application Development Services
            5.3.6.  Network Infrastructure Management Services
            5.3.7.  Other Services
    6.  Digital Transformation Market Assessment—by Organization Size
        6.1.  Overview
        6.2.  Large Enterprises
        6.3.  Small & Medium-sized Enterprises
    7.  Digital Transformation Market Assessment—by Deployment Mode
        7.1.  Overview
        7.2.  Cloud-based Deployment
        7.3.  On-premise Deployment
    8.  Digital Transformation Market Assessment—by Technology
        8.1.  Overview
        8.2.  Mobile Technology
        8.3.  Internet-of-Things (IoT)
        8.4.  Network Connectivity
        8.5.  Digital Twin & Simulation
        8.6.  Robotic Process Automation
        8.7.  Cloud Computing
        8.8.  Artificial Intelligence & Machine Learning
        8.9.  AR & VR
        8.10.  Additive Manufacturing & 3D Printing
        8.11.  Big Data & Real-time Analytics
        8.12.  Cybersecurity
        8.13.  Other Technologies
    9.  Digital Transformation Market Assessment—by End-use Industry
        9.1.  Overview
        9.2.  Retail & E-commerce
        9.3.  Government & Public Sector
        9.4.  Healthcare
        9.5.  Supply Chain & Logistics
        9.6.  Energy & Utility
        9.7.  Manufacturing
        9.8.  BFSI
        9.9.  IT & Telecommunications
        9.10.  Media & Entertainment
        9.11.  Education
        9.12.  Transportation
        9.13.  Other End-use Industries
    10.  Digital Transformation Market Assessment—by Geography
        10.1.  Overview
        10.2.  North America
            10.2.1.  U.S.
            10.2.2.  Canada
        10.3.  Europe
            10.3.1.  Germany
            10.3.2.  U.K.
            10.3.3.  France
            10.3.4.  Italy
            10.3.5.  Netherlands
            10.3.6.  Spain
            10.3.7.  Sweden
            10.3.8.  Rest of Europe
        10.4.  Asia-Pacific
            10.4.1.  Japan
            10.4.2.  China
            10.4.3.  India
            10.4.4.  South Korea
            10.4.5.  Singapore
            10.4.6.  Australia & New Zealand
            10.4.7.  Indonesia
            10.4.8.  Rest of Asia-Pacific
        10.5.  Latin America
            10.5.1.  Mexico
            10.5.2.  Brazil
            10.5.3.  Rest of Latin America
        10.6.  Middle East & Africa
            10.6.1.  UAE
            10.6.2.  Saudi Arabia
            10.6.3.  Israel
            10.6.4.  Rest of Middle East & Africa
    11.  Competition Analysis
        11.1.  Overview
        11.2.  Key Growth Strategies
        11.3.  Competitive Benchmarking
        11.4.  Competitive Dashboard
            11.4.1.  Industry Leaders
            11.4.2.  Market Differentiators
            11.4.3.  Vanguards
            11.4.4.  Emerging Companies
        11.5.  Market Ranking, by Key Players
    12.  Company Profiles (Company Overview, Financial Overview, Product Portfolio, Strategic Development, and SWOT Analysis)
        12.1.  International Business Machines Corporation
        12.2.  Siemens AG
        12.3.  Microsoft Corporation
        12.4.  SAP SE
        12.5.  Capgemini SE
        12.6.  ABB Ltd.
        12.7.  Deutsche Telekom AG
        12.8.  Telefónica, S.A.
        12.9.  Accenture plc
        12.10.  TE Connectivity Ltd.
        12.11.  NXP Semiconductors N.V.
        12.12.  Telefonaktiebolaget LM Ericsson
        12.13.  Intel Corporation
        12.14.  Tata Consultancy Services Limited
        12.15.  Cisco Systems, Inc.
                   (Note: SWOT Analysis Will Be Provided for the Top 5 Companies)
    13.  Appendix
        13.1.  Available Customization
        13.2.  Related Report

    List of Tables
    Table 1    Currency Conversion Rate (2019–2023)
    Table 2    Global Digital Transformation Market, by Offering, 2022–2031 (USD Million)
    Table 3    Global Digital Transformation Solutions Market, by Country/Region, 2022–2031 (USD Million)
    Table 4    Global Digital Transformation Services Market, by Type, 2022–2031 (USD Million)
    Table 5    Global Digital Transformation Services Market, by Country/Region, 2022–2031 (USD Million)
    Table 6    Global Consulting Services Market, by Country/Region, 2022–2031 (USD Million)
    Table 7    Global Planning and Designing Services Market, by Country/Region, 2022–2031 (USD Million)
    Table 8    Global Engineering Services Market, by Country/Region, 2022–2031 (USD Million)
    Table 9    Global Support & Maintenance Services Market, by Country/Region, 2022–2031 (USD Million)
    Table 10    Global Application Development Services Market, by Country/Region, 2022–2031 (USD Million)
    Table 11    Global Network Infrastructure Management Services Market, by Country/Region, 2022–2031 (USD Million)
    Table 12    Global Other Services Market, by Country/Region, 2022–2031 (USD Million)
    Table 13    Global Digital Transformation Market, by Organization Size, 2022–2031 (USD Million)
    Table 14    Global Digital Transformation Market for Large Enterprises, by Country/Region, 2022–2031 (USD Million)
    Table 15    Global Digital Transformation Market for Small & Medium-sized Enterprises, by Country/Region, 2022–2031 (USD Million)
    Table 16    Global Digital Transformation Market, by Deployment Mode, 2022–2031 (USD Million)
    Table 17    Global Cloud-based Digital Transformation Market, by Country/Region, 2022–2031 (USD Million)
    Table 18    Global On-premise Digital Transformation Market, by Country/Region, 2022–2031 (USD Million)
    Table 19    Global Digital Transformation Market, by Technology, 2022–2031 (USD Million)
    Table 20    Global Mobile Technology Market, by Country/Region, 2022–2031 (USD Million)
    Table 21    Global Internet of Things (IoT) Market, by Country/Region, 2022–2031 (USD Million)
    Table 22    Global Network Connectivity Market, by Country/Region, 2022–2031 (USD Million)
    Table 23    Global Digital Twin & Simulation Market, by Country/Region, 2022–2031 (USD Million)
    Table 24    Global Robotic Process Automation Market, by Country/Region, 2022–2031 (USD Million)
    Table 25    Global Cloud Computing Market, by Country/Region, 2022–2031 (USD Million)
    Table 26    Global Artificial Intelligence & Machine Learning Market, by Country/Region, 2022–2031 (USD Million)
    Table 27    Global AR & VR Market, by Country/Region, 2022–2031 (USD Million)
    Table 28    Global Additive Manufacturing & 3D Printing Market, by Country/Region, 2022–2031 (USD Million)
    Table 29    Global Big Data & Real-time Analytics Market, by Country/Region, 2022–2031 (USD Million)
    Table 30    Global Cybersecurity Market, by Country/Region, 2022–2031 (USD Million)
    Table 31    Global Other Technologies Market, by Country/Region, 2022–2031 (USD Million)
    Table 32    Global Digital Transformation Market, by End-use Industry, 2022–2031 (USD Million)
    Table 33    Global Digital Transformation Market for Retail & E-commerce, by Country/Region, 2022–2031 (USD Million)
    Table 34    Global Digital Transformation Market for Government & Public Sector, by Country/Region, 2022–2031 (USD Million)
    Table 35    Global Digital Transformation Market for Healthcare, by Country/Region, 2022–2031 (USD Million)
    Table 36    Global Digital Transformation Market for Supply Chain & Logistics, by Country/Region, 2022–2031 (USD Million)
    Table 37    Global Digital Transformation Market for Energy & Utility, by Country/Region, 2022–2031 (USD Million)
    Table 38    Global Digital Transformation Market for Manufacturing, by Country/Region, 2022–2031 (USD Million)
    Table 39    Global Digital Transformation Market for BFSI, by Country/Region, 2022–2031 (USD Million)
    Table 40    Global Digital Transformation Market for IT & Telecommunications, by Country/Region, 2022–2031 (USD Million)
    Table 41    Global Digital Transformation Market for Media & Entertainment, by Country/Region, 2022–2031 (USD Million)
    Table 42    Global Digital Transformation Market for Education, by Country/Region, 2022–2031 (USD Million)
    Table 43    Global Digital Transformation Market for Transportation, by Country/Region, 2022–2031 (USD Million)
    Table 44    Global Digital Transformation Market for Other End-use Industries, by Country/Region, 2022–2031 (USD Million)
    Table 45    Global Digital Transformation Market , by Country/Region, 2022–2031 (USD Million)
    Table 46    North America: Digital Transformation Market , by Country, 2022–2031 (USD Million)
    Table 47    North America: Digital Transformation Market, by Offering, 2022–2031 (USD Million)
    Table 48    North America: Digital Transformation Services Market, by Type, 2022–2031 (USD Million)
    Table 49    North America: Digital Transformation Market, by Organization Size, 2022–2031 (USD Million)
    Table 50    North America: Digital Transformation Market, by Deployment Mode, 2022–2031 (USD Million)
    Table 51    North America: Digital Transformation Market, by Technology, 2022–2031 (USD Million)
    Table 52    North America: Digital Transformation Market, by End-use Industry, 2022–2031 (USD Million)
    Table 53    U.S.: Digital Transformation Market, by Offering, 2022–2031 (USD Million)
    Table 54    U.S.: Digital Transformation Services Market, by Type, 2022–2031 (USD Million)
    Table 55    U.S.: Digital Transformation Market, by Organization Size, 2022–2031 (USD Million)
    Table 56    U.S.: Digital Transformation Market, by Deployment Mode, 2022–2031 (USD Million)
    Table 57    U.S.: Digital Transformation Market, by Technology, 2022–2031 (USD Million)
    Table 58    U.S.: Digital Transformation Market, by End-use Industry, 2022–2031 (USD Million)
    Table 59    Canada: Digital Transformation Market, by Offering, 2022–2031 (USD Million)
    Table 60    Canada: Digital Transformation Services Market, by Type, 2022–2031 (USD Million)
    Table 61    Canada: Digital Transformation Market, by Organization Size, 2022–2031 (USD Million)
    Table 62    Canada: Digital Transformation Market, by Deployment Mode, 2022–2031 (USD Million)
    Table 63    Canada: Digital Transformation Market, by Technology, 2022–2031 (USD Million)
    Table 64    Canada: Digital Transformation Market, by End-use Industry, 2022–2031 (USD Million)
    Table 65    Europe: Digital Transformation Market , by Country/Region, 2022–2031 (USD Million)
    Table 66    Europe: Digital Transformation Market, by Offering, 2022–2031 (USD Million)
    Table 67    Europe: Digital Transformation Services Market, by Type, 2022–2031 (USD Million)
    Table 68    Europe: Digital Transformation Market, by Organization Size, 2022–2031 (USD Million)
    Table 69    Europe: Digital Transformation Market, by Deployment Mode, 2022–2031 (USD Million)
    Table 70    Europe: Digital Transformation Market, by Technology, 2022–2031 (USD Million)
    Table 71    Europe: Digital Transformation Market, by End-use Industry, 2022–2031 (USD Million)
    Table 72    Germany: Digital Transformation Market, by Offering, 2022–2031 (USD Million)
    Table 73    Germany: Digital Transformation Services Market, by Type, 2022–2031 (USD Million)
    Table 74    Germany: Digital Transformation Market, by Organization Size, 2022–2031 (USD Million)
    Table 75    Germany: Digital Transformation Market, by Deployment Mode, 2022–2031 (USD Million)
    Table 76    Germany: Digital Transformation Market, by Technology, 2022–2031 (USD Million)
    Table 77    Germany: Digital Transformation Market, by End-use Industry, 2022–2031 (USD Million)
    Table 78    France: Digital Transformation Market, by Offering, 2022–2031 (USD Million)
    Table 79    France: Digital Transformation Services Market, by Type, 2022–2031 (USD Million)
    Table 80    France: Digital Transformation Market, by Organization Size, 2022–2031 (USD Million)
    Table 81    France: Digital Transformation Market, by Deployment Mode, 2022–2031 (USD Million)
    Table 82    France: Digital Transformation Market, by Technology, 2022–2031 (USD Million)
    Table 83    France: Digital Transformation Market, by End-use Industry, 2022–2031 (USD Million)
    Table 84    U.K.: Digital Transformation Market, by Offering, 2022–2031 (USD Million)
    Table 85    U.K.: Digital Transformation Services Market, by Type, 2022–2031 (USD Million)
    Table 86    U.K.: Digital Transformation Market, by Organization Size, 2022–2031 (USD Million)
    Table 87    U.K.: Digital Transformation Market, by Deployment Mode, 2022–2031 (USD Million)
    Table 88    U.K.: Digital Transformation Market, by Technology, 2022–2031 (USD Million)
    Table 89    U.K.: Digital Transformation Market, by End-use Industry, 2022–2031 (USD Million)
    Table 90    Spain: Digital Transformation Market, by Offering, 2022–2031 (USD Million)
    Table 91    Spain: Digital Transformation Services Market, by Type, 2022–2031 (USD Million)
    Table 92    Spain: Digital Transformation Market, by Organization Size, 2022–2031 (USD Million)
    Table 93    Spain: Digital Transformation Market, by Deployment Mode, 2022–2031 (USD Million)
    Table 94    Spain: Digital Transformation Market, by Technology, 2022–2031 (USD Million)
    Table 95    Spain: Digital Transformation Market, by End-use Industry, 2022–2031 (USD Million)
    Table 96    Italy: Digital Transformation Market, by Offering, 2022–2031 (USD Million)
    Table 97    Italy: Digital Transformation Services Market, by Type, 2022–2031 (USD Million)
    Table 98    Italy: Digital Transformation Market, by Organization Size, 2022–2031 (USD Million)
    Table 99    Italy: Digital Transformation Market, by Deployment Mode, 2022–2031 (USD Million)
    Table 100    Italy: Digital Transformation Market, by Technology, 2022–2031 (USD Million)
    Table 101    Italy: Digital Transformation Market, by End-use Industry, 2022–2031 (USD Million)
    Table 102    Netherlands: Digital Transformation Market, by Offering, 2022–2031 (USD Million)
    Table 103    Netherlands: Digital Transformation Services Market, by Type, 2022–2031 (USD Million)
    Table 104    Netherlands: Digital Transformation Market, by Organization Size, 2022–2031 (USD Million)
    Table 105    Netherlands: Digital Transformation Market, by Deployment Mode, 2022–2031 (USD Million)
    Table 106    Netherlands: Digital Transformation Market, by Technology, 2022–2031 (USD Million)
    Table 107    Netherlands: Digital Transformation Market, by End-use Industry, 2022–2031 (USD Million)
    Table 108    Sweden: Digital Transformation Market, by Offering, 2022–2031 (USD Million)
    Table 109    Sweden: Digital Transformation Services Market, by Type, 2022–2031 (USD Million)
    Table 110    Sweden: Digital Transformation Market, by Organization Size, 2022–2031 (USD Million)
    Table 111    Sweden: Digital Transformation Market, by Deployment Mode, 2022–2031 (USD Million)
    Table 112    Sweden: Digital Transformation Market, by Technology, 2022–2031 (USD Million)
    Table 113    Sweden: Digital Transformation Market, by End-use Industry, 2022–2031 (USD Million)
    Table 114    Rest of Europe: Digital Transformation Market, by Offering, 2022–2031 (USD Million)
    Table 115    Rest of Europe: Digital Transformation Services Market, by Type, 2022–2031 (USD Million)
    Table 116    Rest of Europe: Digital Transformation Market, by Organization Size, 2022–2031 (USD Million)
    Table 117    Rest of Europe: Digital Transformation Market, by Deployment Mode, 2022–2031 (USD Million)
    Table 118    Rest of Europe: Digital Transformation Market, by Technology, 2022–2031 (USD Million)
    Table 119    Rest of Europe: Digital Transformation Market, by End-use Industry, 2022–2031 (USD Million)
    Table 120    Asia-Pacific: Digital Transformation Market , by Country/Region, 2022–2031 (USD Million)
    Table 121    Asia-Pacific: Digital Transformation Market, by Offering, 2022–2031 (USD Million)
    Table 122    Asia-Pacific: Digital Transformation Services Market, by Type, 2022–2031 (USD Million)
    Table 123    Asia-Pacific: Digital Transformation Market, by Organization Size, 2022–2031 (USD Million)
    Table 124    Asia-Pacific: Digital Transformation Market, by Deployment Mode, 2022–2031 (USD Million)
    Table 125    Asia-Pacific: Digital Transformation Market, by Technology, 2022–2031 (USD Million)
    Table 126    Asia-Pacific: Digital Transformation Market, by End-use Industry, 2022–2031 (USD Million)
    Table 127    China: Digital Transformation Market, by Offering, 2022–2031 (USD Million)
    Table 128    China: Digital Transformation Services Market, by Type, 2022–2031 (USD Million)
    Table 129    China: Digital Transformation Market, by Organization Size, 2022–2031 (USD Million)
    Table 130    China: Digital Transformation Market, by Deployment Mode, 2022–2031 (USD Million)
    Table 131    China: Digital Transformation Market, by Technology, 2022–2031 (USD Million)
    Table 132    China: Digital Transformation Market, by End-use Industry, 2022–2031 (USD Million)
    Table 133    Japan: Digital Transformation Market, by Offering, 2022–2031 (USD Million)
    Table 134    Japan: Digital Transformation Services Market, by Type, 2022–2031 (USD Million)
    Table 135    Japan: Digital Transformation Market, by Organization Size, 2022–2031 (USD Million)
    Table 136    Japan: Digital Transformation Market, by Deployment Mode, 2022–2031 (USD Million)
    Table 137    Japan: Digital Transformation Market, by Technology, 2022–2031 (USD Million)
    Table 138    Japan: Digital Transformation Market, by End-use Industry, 2022–2031 (USD Million)
    Table 139    India: Digital Transformation Market, by Offering, 2022–2031 (USD Million)
    Table 140    India: Digital Transformation Services Market, by Type, 2022–2031 (USD Million)
    Table 141    India: Digital Transformation Market, by Organization Size, 2022–2031 (USD Million)
    Table 142    India: Digital Transformation Market, by Deployment Mode, 2022–2031 (USD Million)
    Table 143    India: Digital Transformation Market, by Technology, 2022–2031 (USD Million)
    Table 144    India: Digital Transformation Market, by End-use Industry, 2022–2031 (USD Million)
    Table 145    South Korea: Digital Transformation Market, by Offering, 2022–2031 (USD Million)
    Table 146    South Korea: Digital Transformation Services Market, by Type, 2022–2031 (USD Million)
    Table 147    South Korea: Digital Transformation Market, by Organization Size, 2022–2031 (USD Million)
    Table 148    South Korea: Digital Transformation Market, by Deployment Mode, 2022–2031 (USD Million)
    Table 149    South Korea: Digital Transformation Market, by Technology, 2022–2031 (USD Million)
    Table 150    South Korea: Digital Transformation Market, by End-use Industry, 2022–2031 (USD Million)
    Table 151    Singapore: Digital Transformation Market, by Offering, 2022–2031 (USD Million)
    Table 152    Singapore: Digital Transformation Services Market, by Type, 2022–2031 (USD Million)
    Table 153    Singapore: Digital Transformation Market, by Organization Size, 2022–2031 (USD Million)
    Table 154    Singapore: Digital Transformation Market, by Deployment Mode, 2022–2031 (USD Million)
    Table 155    Singapore: Digital Transformation Market, by Technology, 2022–2031 (USD Million)
    Table 156    Singapore: Digital Transformation Market, by End-use Industry, 2022–2031 (USD Million)
    Table 157    Australia & New Zealand: Digital Transformation Market, by Offering, 2022–2031 (USD Million)
    Table 158    Australia & New Zealand: Digital Transformation Services Market, by Type, 2022–2031 (USD Million)
    Table 159    Australia & New Zealand: Digital Transformation Market, by Organization Size, 2022–2031 (USD Million)
    Table 160    Australia & New Zealand: Digital Transformation Market, by Deployment Mode, 2022–2031 (USD Million)
    Table 161    Australia & New Zealand: Digital Transformation Market, by Technology, 2022–2031 (USD Million)
    Table 162    Australia & New Zealand: Digital Transformation Market, by End-use Industry, 2022–2031 (USD Million)
    Table 163    Indonesia: Digital Transformation Market, by Offering, 2022–2031 (USD Million)
    Table 164    Indonesia: Digital Transformation Services Market, by Type, 2022–2031 (USD Million)
    Table 165    Indonesia: Digital Transformation Market, by Organization Size, 2022–2031 (USD Million)
    Table 166    Indonesia: Digital Transformation Market, by Deployment Mode, 2022–2031 (USD Million)
    Table 167    Indonesia: Digital Transformation Market, by Technology, 2022–2031 (USD Million)
    Table 168    Indonesia: Digital Transformation Market, by End-use Industry, 2022–2031 (USD Million)
    Table 169    Rest of Asia-Pacific: Digital Transformation Market, by Offering, 2022–2031 (USD Million)
    Table 170    Rest of Asia-Pacific: Digital Transformation Services Market, by Type, 2022–2031 (USD Million)
    Table 171    Rest of Asia-Pacific: Digital Transformation Market, by Organization Size, 2022–2031 (USD Million)
    Table 172    Rest of Asia-Pacific: Digital Transformation Market, by Deployment Mode, 2022–2031 (USD Million)
    Table 173    Rest of Asia-Pacific: Digital Transformation Market, by Technology, 2022–2031 (USD Million)
    Table 174    Rest of Asia-Pacific: Digital Transformation Market, by End-use Industry, 2022–2031 (USD Million)
    Table 175    Latin America: Digital Transformation Market , by Country/Region, 2022–2031 (USD Million)
    Table 176    Latin America: Digital Transformation Market, by Offering, 2022–2031 (USD Million)
    Table 177    Latin America: Digital Transformation Services Market, by Type, 2022–2031 (USD Million)
    Table 178    Latin America: Digital Transformation Market, by Organization Size, 2022–2031 (USD Million)
    Table 179    Latin America: Digital Transformation Market, by Deployment Mode, 2022–2031 (USD Million)
    Table 180    Latin America: Digital Transformation Market, by Technology, 2022–2031 (USD Million)
    Table 181    Latin America: Digital Transformation Market, by End-use Industry, 2022–2031 (USD Million)
    Table 182    Mexico: Digital Transformation Market, by Offering, 2022–2031 (USD Million)
    Table 183    Mexico: Digital Transformation Services Market, by Type, 2022–2031 (USD Million)
    Table 184    Mexico: Digital Transformation Market, by Organization Size, 2022–2031 (USD Million)
    Table 185    Mexico: Digital Transformation Market, by Deployment Mode, 2022–2031 (USD Million)
    Table 186    Mexico: Digital Transformation Market, by Technology, 2022–2031 (USD Million)
    Table 187    Mexico: Digital Transformation Market, by End-use Industry, 2022–2031 (USD Million)
    Table 188    Brazil: Digital Transformation Market, by Offering, 2022–2031 (USD Million)
    Table 189    Brazil: Digital Transformation Services Market, by Type, 2022–2031 (USD Million)
    Table 190    Brazil: Digital Transformation Market, by Organization Size, 2022–2031 (USD Million)
    Table 191    Brazil: Digital Transformation Market, by Deployment Mode, 2022–2031 (USD Million)
    Table 192    Brazil: Digital Transformation Market, by Technology, 2022–2031 (USD Million)
    Table 193    Brazil: Digital Transformation Market, by End-use Industry, 2022–2031 (USD Million)
    Table 194    Rest of Latin America: Digital Transformation Market, by Offering, 2022–2031 (USD Million)
    Table 195    Rest of Latin America: Digital Transformation Services Market, by Type, 2022–2031 (USD Million)
    Table 196    Rest of Latin America: Digital Transformation Market, by Organization Size, 2022–2031 (USD Million)
    Table 197    Rest of Latin America: Digital Transformation Market, by Deployment Mode, 2022–2031 (USD Million)
    Table 198    Rest of Latin America: Digital Transformation Market, by Technology, 2022–2031 (USD Million)
    Table 199    Rest of Latin America: Digital Transformation Market, by End-use Industry, 2022–2031 (USD Million)
    Table 200    Middle East & Africa: Digital Transformation Market , by Country/Region, 2022–2031 (USD Million)
    Table 201    Middle East & Africa: Digital Transformation Market, by Offering, 2022–2031 (USD Million)
    Table 202    Middle East & Africa: Digital Transformation Services Market, by Type, 2022–2031 (USD Million)
    Table 203    Middle East & Africa: Digital Transformation Market, by Organization Size, 2022–2031 (USD Million)
    Table 204    Middle East & Africa: Digital Transformation Market, by Deployment Mode, 2022–2031 (USD Million)
    Table 205    Middle East & Africa: Digital Transformation Market, by Technology, 2022–2031 (USD Million)
    Table 206    Middle East & Africa: Digital Transformation Market, by End-use Industry, 2022–2031 (USD Million)
    Table 207    UAE: Digital Transformation Market, by Offering, 2022–2031 (USD Million)
    Table 208    UAE: Digital Transformation Services Market, by Type, 2022–2031 (USD Million)
    Table 209    UAE: Digital Transformation Market, by Organization Size, 2022–2031 (USD Million)
    Table 210    UAE: Digital Transformation Market, by Deployment Mode, 2022–2031 (USD Million)
    Table 211    UAE: Digital Transformation Market, by Technology, 2022–2031 (USD Million)
    Table 212    UAE: Digital Transformation Market, by End-use Industry, 2022–2031 (USD Million)
    Table 213    Saudi Arabia: Digital Transformation Market, by Offering, 2022–2031 (USD Million)
    Table 214    Saudi Arabia: Digital Transformation Services Market, by Type, 2022–2031 (USD Million)
    Table 215    Saudi Arabia: Digital Transformation Market, by Organization Size, 2022–2031 (USD Million)
    Table 216    Saudi Arabia: Digital Transformation Market, by Deployment Mode, 2022–2031 (USD Million)
    Table 217    Saudi Arabia: Digital Transformation Market, by Technology, 2022–2031 (USD Million)
    Table 218    Saudi Arabia: Digital Transformation Market, by End-use Industry, 2022–2031 (USD Million)
    Table 219    Israel: Digital Transformation Market, by Offering, 2022–2031 (USD Million)
    Table 220    Israel: Digital Transformation Services Market, by Type, 2022–2031 (USD Million)
    Table 221    Israel: Digital Transformation Market, by Organization Size, 2022–2031 (USD Million)
    Table 222    Israel: Digital Transformation Market, by Deployment Mode, 2022–2031 (USD Million)
    Table 223    Israel: Digital Transformation Market, by Technology, 2022–2031 (USD Million)
    Table 224    Israel: Digital Transformation Market, by End-use Industry, 2022–2031 (USD Million)
    Table 225    Rest of Middle East & Africa: Digital Transformation Market, by Offering, 2022–2031 (USD Million)
    Table 226    Rest of Middle East & Africa: Digital Transformation Services Market, by Type, 2022–2031 (USD Million)
    Table 227    Rest of Middle East & Africa: Digital Transformation Market, by Organization Size, 2022–2031 (USD Million)
    Table 228    Rest of Middle East & Africa: Digital Transformation Market, by Deployment Mode, 2022–2031 (USD Million)
    Table 229    Rest of Middle East & Africa: Digital Transformation Market, by Technology, 2022–2031 (USD Million)
    Table 230    Rest of Middle East & Africa: Digital Transformation Market, by End-use Industry, 2022–2031 (USD Million)
    Table 231    Recent Developments by Major Market Players (2021–2024)
    Table 232    Market Ranking, by Key Players 

    List of Figures
    Figure 1    Market Ecosystem
    Figure 2    Key Stakeholders
    Figure 3    Research Process
    Figure 4    Key Secondary Sources
    Figure 5    Primary Research Techniques
    Figure 6    Key Executives Interviewed
    Figure 7    Breakdown of Primary Interviews (Supply-side & Demand-side)
    Figure 8    Market Sizing and Growth Forecast Approach
    Figure 9    Key Insights
    Figure 10    In 2024, the Services Segment is Expected to Dominate the Global Digital Transformation Market
    Figure 11    In 2024, the Large Enterprises Segment is Expected to Dominate the Global Digital Transformation Market
    Figure 12    In 2024, the Cloud-based Deployment Segment is Expected to Dominate the Global Digital Transformation Market
    Figure 13    In 2024, the Cloud Computing Segment is Expected to Dominate the Global Digital Transformation Market
    Figure 14    In 2024, the BFSI Segment is Expected to Dominate the Global Digital Transformation Market
    Figure 15    Global Digital Transformation Market, by Region (2024 Vs. 2031)
    Figure 16    Impact Analysis Of Market Dynamics
    Figure 17    Global Digital Transformation Market, by Offering 2024 Vs. 2031 (USD Million)
    Figure 18    Global Digital Transformation Market, by Organization Size, 2024 Vs. 2031 (USD Million)
    Figure 19    Global Digital Transformation Market, by Deployment Mode, 2024 Vs. 2031 (USD Million)
    Figure 20    Global Digital Transformation Market, by Technology, 2024 Vs. 2031 (USD Million)
    Figure 21    Global Digital Transformation Market, by End-use Industry, 2024 Vs. 2031 (USD Million)
    Figure 22    Global Digital Transformation Market, by Geography, 2024 Vs. 2031 (USD Million)
    Figure 23    Geographic Snapshot: Digital Transformation Market In North America
    Figure 24    Geographic Snapshot: Digital Transformation Market In Europe
    Figure 25    Geographic Snapshot: Digital Transformation Market In Asia-Pacific
    Figure 26    Geographic Snapshot: Digital Transformation Market In Latin America
    Figure 27    Geographic Snapshot: Digital Transformation Market In Middle East & Africa
    Figure 28    Growth Strategies Adopted by Leading Market Player (2021–2024)
    Figure 29    Competitive Benchmarking Analysis (2021–2024)
    Figure 30    Competitive Dashboard: Digital Transformation Market
    Figure 31    International Business Machines Corporation: Financial Overview (2023)
    Figure 32    Siemens AG: Financial Overview (2023)
    Figure 33    Microsoft Corporation: Financial Overview (2023)
    Figure 34    SAP SE: Financial Overview (2023)
    Figure 35    Capgemini SE: Financial Overview (2023)
    Figure 36    ABB Ltd.: Financial Overview (2023)
    Figure 37    Deutsche Telekom AG: Financial Overview (2023)
    Figure 38    Telefónica, S.A.: Financial Overview (2023)
    Figure 39    Accenture plc: Financial Overview (2023)
    Figure 40    TE Connectivity Ltd.: Financial Overview (2023)
    Figure 41    NXP Semiconductors N.V.: Financial Overview (2023)
    Figure 42    Telefonaktiebolaget LM Ericsson: Financial Overview (2023)
    Figure 43    Intel Corporation: Financial Overview (2023)
    Figure 44    Tata Consultancy Services Limited: Financial Overview (2023)
    Figure 45    Cisco Systems, Inc.: Financial Overview (2023)

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    Author Name:

    Aniket Hade, Rajdeep Bhawal

    Related Tag: Digital Transformation Market Cloud Computing Internet of Things (IoT) Digital Twin & Simulation Robotic Process Automation Artificial Intelligence & Machine Learning Additive Manufacturing & 3D Printing Cybersecurity Retail & E-commerce BFSI IT & Telecommunication Planning & Designing Services Support and Maintenance Services Network Infrastructure Management Services
    Next Generation Technologies
    Information and Communications Technology
     
     
     

    The Digital Transformation Market is expected to grow at a CAGR of 22.4% from 2024 to reach $5275.7 billion by 2031, Asia Pacific global digital transformation market is expected to grow at the highest CAGR. Digital transformation has emerged as one of the most prominent strategies for public and private organizations over the past few years. It is increasingly transforming the conventional technology landscape across all industry verticals. Although enterprise applications based on digital transformation technologies are still in their nascent stages of development, they are gradually beginning to drive innovation into the business strategies and proving their significance at every step of an organization.

    Here are the top 10 companies operating in the Digital Transformation Market

    Cognizant

    Cognizant provides IT, system technology, consulting, and operations services. The company deals with systems integration, supply chain management, engineering & manufacturing solutions, analytics, business intelligence, data warehousing, CRM, ERP, R&D outsourcing, and testing solutions. Cognizant helps clients re-engineer, digitize, manage, and operate business processes that improve customer experiences, heighten efficiency, and lower operating costs to deliver clear outcomes and topline growth.

    With its subsidiaries and a strong network of distribution, the company has its presence in various regions such as North America, Europe, Asia- Pacific, Latin America, and the Middle East & Africa. Some of the subsidiaries of Cognizant include Erisco, IMS International, Nielsen Media Research, Pilot Software, Strategic Technologies, and DBSS.

    HP Inc.

    HP Inc.

    HP is a multinational information technology company that provides a wide variety of software components as well as hardware and associated services to consumers, small- and medium-sized businesses (SMBs), large enterprises, and health & education sectors. The company specializes in developing & manufacturing computing products, data storage, networking hardware, designing software, delivering services, and a diverse range of printers & imaging products.

    With its subsidiaries and a strong network of distributors, the company has its presence across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. Some of the subsidiaries of the company are VoodooPC, Apogee Corporation Limited, HP PPS Sales Sdn. Bhd., Hewlett-Packard Development Company, HP PPS Asia-Pacific Pte. Ltd., and Indigo America, Inc.

    Microsoft Corporation

    Microsoft is one of the leading technology providers globally. The company mainly offers software products comprising Internet Explorer, Microsoft Windows OS, Microsoft Office Suite, and Edge Web browsers. Its leading hardware products are the Microsoft Surface lineup of touchscreen individual computers and Xbox video game consoles.

    With its subsidiaries and strong distribution network, the company has its presence across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. Some of the subsidiaries of Microsoft are Double Fine Productions, GitHub, Semantic Machines, Mojang, Skype, and LinkedIn Corporation.

    Intel Corporation

    Intel is engaged in designing and manufacturing innovative products and technologies. The company operates in the market through six segments, namely, Client Computing Group (CCG), Data Center Group (DCG), Internet of Things Group (IOTG), Non-Volatile Memory Solution Group (NSG), Intel Security Group (ISecG), Programmable Solution Group (PSG), and New Technology Group (NTG). The company’s major products include microprocessors, chipsets, embedded processors and microcontrollers, flash memory, graphic, network and communication, systems management software, conferencing, and digital imaging products. Deep learning and computer vision capabilities from Intel extend AI to the device and gateway level, giving businesses the ability to recognize loyal customers in the store, optimize inventory, or perform other intelligent tasks.

    With its subsidiaries and a strong network of distribution, the company has its presence in various regions such as North America, Europe, Asia- Pacific, Latin America, and the Middle East & Africa. Intel has more than 150 locations around the globe with assembly and test facilities in China, Costa Rica, Malaysia, and Vietnam. The major subsidiaries of the company are Altera, Mobileye, Nervana Systems, Wind River, and eASIC Corporation.

    Google LLC

    Google is one of the global pioneers in internet-based products and services. The company’s product portfolio ranges from search engines, cloud computing, online advertising technologies, and computer hardware & software. In addition to product and services, Google also focuses on digital transformation either directly or through its multiple subsidiaries.

    Google has a strong global network with more than 70 offices in 50 countries across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.


    IBM Corporation

    IBM provides computer solutions. The company offers application, technology consulting and support, process design and operations, cloud, digital workplace, and network services, as well as business resiliency, strategy, and design solutions. The company functions through five key segments, namely, Cognitive Solutions, Technology Services & Cloud Platforms, Global Business Services, Systems, and Global Financing. The company has a diverse and vast portfolio of products and services based on technologies, such as AI, IoT, cloud computing, security, and more. IBM is the world’s enterprise AI leader and the largest cybersecurity enterprise. The company has a diverse and vast products and services portfolio, including AI, IoT, cloud computing, security, among others.

    The company offers solutions for its clients to transform their business and helps them to engage with clients and employees effectively. The company has one of the largest workforces in the world.

    Accenture PLC

    Accenture is a leading global professional services company that provides a variety of services and solutions in operations, consulting digital, and technology. It also provides multinational professional services that specialize in Application, Infrastructure Outsourcing, Business Process Outsourcing, Management Consulting, and Systems Integration & Technology.

    With its subsidiaries and strong distribution of network, the company has its presence in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. Accenture provides its products through various subsidiaries such as Avanade, Droga5 and IMJ Corporation. The company serves clients in more than 200 cities in 120 countries that include 95 of the Fortune Global 100 and more than three-quarters of the Fortune Global 500.

    Cisco Systems

    Cisco Systems designs and sells a broad range of technologies that have been powering the Internet. Across networking, security, collaboration, applications, and the cloud, the company’s intent-based technologies continuously learning and adapt to provide customers with a highly secure, intelligent platform for their digital business. The company operates in four business segments, namely, Infrastructure Platform, Services, Application, Security, and Others. Its cybersecurity products and services come under the Security segment.

    With its subsidiaries and a strong network of distribution, the company has its presence in various regions such as North America, Europe, Asia-Pacific, and the Middle East & Africa. Some of its subsidiaries are Cisco WebEx, Inc (U.S.), OpenDNS (U.S.), and BroadSoft, Inc (U.S.).

    SAP SE

    SAP SE is the market leader in enterprise application software, helping companies of all sizes by providing machine learning, IoT, and advanced analytics technologies to help them turn customers’ businesses into intelligent enterprises. The company provides an integrated suite of applications, intelligent technologies, and digital platforms for industries to pursue innovative business models and deliver relevant personalized customer experience. SAP SE offers applications and platforms, such as SAP S/4HANA and SAP Customer Activity Repository for merchandise management.

    With its subsidiaries and a strong network of distribution, the company has its presence in various regions, such as North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. The major subsidiaries of SAP SE are SuccesFactors (U.S.), Qualtrics (U.S.), and SAP Concur (U.S.).

    Oracle Corporation

    Oracle develops and builds tools for database management and systems for middle-tier, ERP, CRM, and SCM software. Oracle Digital Engagement provides business with the foundation to transform, interact, and collaborate using modern digital applications and devices. Oracle provides digital engagement, digital security, and tools in this market.

    With its subsidiaries and a strong network of distribution, the company has its presence in North America, Europe, Asia-Pacific, and the Middle East & Africa. The major subsidiaries of the company include NetSuite, Taleo, BlueKai, Dyn, Responsys, and Textura Corporation.

    Popular Mentions: Nvidia Corporation (U.S.), Samsung (South Korea), LLamasoft, Inc. (U.S.), General Electric (U.S.), Deutsche Post DHL Group (Germany), Xilinx, Inc. (U.S.), Micron Technology, Inc. (U.S.), FedEx Corporation (U.S.), ClearMetal, Inc. (U.S.), Dassault Systèmes (France), and JDA Software Group, Inc. (U.S.)

     

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