Market Definition: Global Digital Transformation Market
Digital transformation is the use of digital technology in different areas of business to solve problems. It also changes a way, that how a business operate and deliver values to the customers. It also helps the organization to compete better in the market by making changes as per the new technologies. Digital transformation helps the company to reach to the large masses easily.
Market Analysis: Global Digital Transformation Market
Global Digital Transformation Market is expected to rise from its initial estimated value of USD 299.30 billion in 2018 to an estimated value of USD 1223.97 billion by 2026, registering a CAGR of 19.25% in the forecast period of 2019-2026. Increasing adoption of cloud platform is the major factor for the growth of this market.
Segmentation: Global Digital Transformation Market
- By Component
- Solution
- Cloud Computing
- Big Data & Analytics
- Mobility
- Disruptive
Technology
- Internet of Things (IoT)
- Blockchain Technology
- Artificial Intelligence (AI)
- Social Media
- Solution
Major Market Competitors/Players
Few of the major competitors currently working in the digital transformation market are Cognizant, Dell Inc., Microsoft, Adobe, Accenture, Capgemini, IBM Corporation, Oracle, Google, Hewlett Packard Enterprise Development LP, Broadcom., EMC Corporation., PwC, Deloitte, COGNEX CORPORATION, SAP SE, Deloitte, Siemens, PwC, COGNEX CORPORATION.
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