Dublin, Dec. 24, 2024 (GLOBE NEWSWIRE) — The “Digital Transformation – Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.
The global market for Digital Transformation was estimated at US$1.1 Trillion in 2023 and is projected to reach US$3.7 Trillion by 2030, growing at a CAGR of 18.4% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the digital transformation market is driven by several factors, including the escalating need for businesses to increase efficiency and improve customer engagement in the face of global competition. The advent of COVID-19 accelerated the shift to digital operations, highlighting the necessity for robust digital infrastructure to support remote work, digital commerce, and online communication.
Additionally, the increasing penetration of high-speed internet and smart devices has made digital technologies more accessible, enabling more businesses to undertake digital transformation initiatives. Moreover, as consumer and regulatory demands for sustainability and transparency rise, businesses are leveraging digital solutions to meet these demands effectively.
These factors, coupled with the decreasing cost of digital technologies and the increasing value derived from data-driven strategies, ensure ongoing investment and innovation in digital transformation initiatives, positioning them as critical for long-term business success.
Key Questions Answered:
- How is the Global Digital Transformation Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Accenture PLC, Adobe Systems, Inc., CA Technologies, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 46 Featured):
- Accenture PLC
- Adobe Systems, Inc.
- CA Technologies
- Capgemini SE
- Cognizant Technology Solutions Corporation
- Dell EMC
- Google LLC
- Hewlett Packard Enterprise Development LP (HPE)
- IBM Corporation
- Microsoft Corporation
- Oracle Corporation
- SAP SE
Key Attributes
Report Attribute | Details |
No. of Pages | 196 |
Forecast Period | 2023-2030 |
Estimated Market Value (USD) in 2023 | $1.1 Trillion |
Forecasted Market Value (USD) by 2030 | $3.7 Trillion |
Compound Annual Growth Rate | 18.4% |
Regions Covered | Global |
MARKET OVERVIEW
- Influencer Market Insights
- Digital Transformation – Global Key Competitors Percentage Market Share in 2024
- Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2024
- Global Economic Update
MARKET TRENDS & DRIVERS
- Rising Demand for Data-Driven Decision Making Drives Growth in Digital Transformation Market
- Integration of AI and Machine Learning in Business Processes Propels Digital Transformation
- Expansion of Remote Work Trends Spurs Demand for Digital Transformation Solutions
- Growing Role of IoT in Industrial Automation Sets the Stage for Digital Transformation Growth
- Focus on Business Process Optimization Spurs Adoption of Digital Transformation Solutions
- Increasing Investments in Cybersecurity Strengthen Market for Digital Transformation
- Growing Use of Digital Transformation in Healthcare Expands Market Opportunities
- Adoption of Digital Twins in Manufacturing Processes Drives Market for Digital Transformation
- Expansion of Smart City Initiatives Propels Demand for Digital Transformation Technologies
- Adoption of Digital Transformation in Supply Chain Management Expands Market Opportunities
For more information about this report visit https://www.researchandmarkets.com/r/27r6mz
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- Digital Transformation Market