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Digital Transformation Market Size, Share & Trends Analysis Report by Type (Solution, Service), Deployment (Hosted, On-premise), Enterprise Size (Large, SME), End-use (BFSI, Healthcare), and Segment Forecasts, 2021-2028

  • ID: 4312547
  • Report
  • May 2021
  • Region: Global
  • 110 pages
  • Grand View Research
The global digital transformation market size is estimated to reach USD 1,759.4 billion by 2028, registering a CAGR of 23.6% over the forecast period. The increasing adoption of advanced technologies, such as the Internet of Things (IoT) and machine learning, across several industries/sectors, is encouraging businesses to implement connected, analytical, and data-rich solutions via digital transformation. These solutions are capable of encapsulating intelligence into business operations to facilitate improved and more effective customer engagements. Moreover, the growing usage of mobile devices, smartphones, and applications across business functions is increasingly promoting digitization.



Digital transformation enables organizations to mitigate business risks and manage disruptions, such as corporate restructuring, marketplace fluctuations, unforeseen pandemics, and unpredictable geopolitical environments, more efficiently. It enables organizations to address a range of process optimization. Moreover, it enables businesses to target a larger customer base by designing new business models, products, and services leveraging digitization. Furthermore, it helps facilitate the transformation of business activities, traditional processes, and business models to benefit from upcoming changes and opportunities pertaining to futuristic technologies.

The rapid urbanization and digitization across the globe are enabling organizations to embrace digital transformation using technology-driven solutions. The growing usage of cloud technology by various Small & Medium Enterprises (SMEs) helps them adopt modern Digital Experience Platforms (DXP) at reasonable costs without constant upgradation or replacement of systems. This is estimated to drive the market during the forecast period. Moreover, benefits, such as improvements in operational flexibility and overall customer experience, are encouraging digital transformation initiatives across SMEs, driving the market.

Digital Transformation Market Report Highlights

  • The solution segment is expected to capture the largest share by 2028 due to the exponential rise in the use of mobile technology across several industries, and the subsequent shift in the way content is consumed via social media platforms
  • The rising implementation of digital transformation solutions across industries and verticals is driving the demand for support and maintenance services. This is expected to boost the demand for professional services over the forecast period
  • The hosted deployment segment is expected to gain momentum over the forecast period owing to advantages, such as lower cost, convenience, flexibility, and improved security
  • Large enterprise is expected to be the largest enterprise size segment due to the increased focus of large-scale firms on improving productivity and efficiency of workforces by using digital transformation solutions
  • In terms of end-use, the healthcare segment is projected to register the fastest CAGR of more than 24% from 2021 to 2028
  • The growing implementation of digital processes and technologies, such as telemedicine, blockchain, Electronic Health Records (EHRs), and AI-enabled medical devices, is allowing healthcare providers to improve patient care
  • Asia Pacific is anticipated to be the fastest-growing regional market from 2021 to 2028 due to the increasing penetration of advanced technologies

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Note: Product cover images may vary from those shown
Chapter 1 Methodology and Scope
1.1 Research Methodology
1.2 Research Scope and Assumptions
1.3 List of Data Sources

Chapter 2 Executive Summary
2.1 Global Digital Transformation Market - Industry Snapshot & Key Buying Criteria, 2016-2028
2.2 Global Digital Transformation Market, 2016-2028

Chapter 3 Digital Transformation Industry Outlook
3.1 Market Segmentation and Scope
3.2 Market Size and Growth Prospects
3.3 Digital Transformation Market - Value Chain Analysis
3.4 Digital Transformation Market Dynamics
3.5 Penetration and Growth Prospect Mapping
3.6 Digital Transformation Market - Company Market Share Analysis
3.7 Digital Transformation Market - Porter’s Five Forces Analysis
3.8 Digital Transformation Market - PESTLE Analysis
3.9 Digital Transformation Market - Technology Landscape
3.10 Digital Transformation Market - COVID-19 Impact Analysis

Chapter 4 Digital Transformation Type Outlook
4.1 Global Digital Transformation Market Share by Type, 2020
4.2 Solution
4.3 Service

Chapter 5 Global Digital Transformation Deployment Outlook
5.1 Global Digital Transformation Market Share by Deployment, 2020
5.2 Hosted
5.3 On-premise

Chapter 6 Global Digital Transformation Enterprise Size Outlook
6.1 Global Digital Transformation Market Share by Enterprise Size, 2020
6.2 Large Enterprise
6.3 Small & Medium Enterprise

Chapter 7 Global Digital Transformation End-use Outlook
7.1 Global Digital Transformation Market Share by End Use, 2020
7.2 BFSI
7.3 Government
7.4 Healthcare
7.5 IT & Telecom
7.6 Manufacturing
7.7 Retail
7.8 Others

Chapter 8 Global Digital Transformation Regional Outlook
8.1 Global Digital Transformation Market Share by Region, 2020
8.2 North America
8.3 Europe
8.4 Asia Pacific
8.5 Latin America
8.6 MEA

Chapter 9 Competitive Landscape
9.1 Accenture plc
9.2 Apple Inc.
9.3 ADOBE INC.
9.4 CA Technologies (Broadcom Inc.)
9.5 Dell Technologies Inc.
9.6 HEWLETT PACKARD ENTERPRISE COMPANY
9.7 International Business Machines Corp.
9.8 Microsoft Corporation
9.9 Kellton Tech Solutions Ltd
9.10 Alphabet Inc. (Google Inc.)

List of Tables
Table 1 Global digital transformation market - Industry snapshot & key buying criteria, 2016-2028
Table 2 Global digital transformation market, 2016-2028 (USD Billion)
Table 3 Global digital transformation market, by region, 2016-2028 (USD Billion)
Table 4 Global digital transformation market, by type, 2016-2028 (USD Billion)
Table 5 Global digital transformation market, by solution, 2016-2028 (USD Billion)
Table 6 Global digital transformation market, by service, 2016-2028 (USD Billion)
Table 7 Global digital transformation market, by deployment, 2016-2028 (USD Billion)
Table 8 Global digital transformation market, by enterprise size, 2016-2028 (USD Billion)
Table 9 Global digital transformation market, by end-use, 2016-2028 (USD Billion)
Table 10 Digital transformation market - Key market driver impact
Table 11 Digital transformation market - Key market challenge impact
Table 12 Digital transformation market - Company ranking analysis, 2020
Table 13 Vendor landscape
Table 14 Analytics solution market, 2016-2028 (USD Billion)
Table 15 Analytics solution market, by region, 2016-2028 (USD Billion)
Table 16 Cloud computing solution market, 2016-2028 (USD Billion)
Table 17 Cloud computing solution market, by region, 2016-2028 (USD Billion)
Table 18 Mobility solution market, 2016-2028 (USD Billion)
Table 19 Mobility solution market, by region, 2016-2028 (USD Billion)
Table 20 Social media solution market, 2016-2028 (USD Billion)
Table 21 Social media solution market, by region, 2016-2028 (USD Billion)
Table 22 Other solution market, 2016-2028 (USD Billion)
Table 23 Other market, by region, 2016-2028 (USD Billion)
Table 24 Digital transformation professional service market, 2016-2028 (USD Billion)
Table 25 Digital transformation professional service market, by region, 2016-2028 (USD Billion)
Table 26 Digital transformation implementation & integration service market, 2016-2028 (USD Billion)
Table 27 Digital transformation implementation & integration service market, by region, 2016-2028 (USD Billion)
Table 28 Hosted digital transformation solution market, 2016-2028 (USD Billion)
Table 29 Hosted digital transformation solution market, by region, 2016-2028 (USD Billion)
Table 30 On-premise digital transformation solution, 2016-2028 (USD Billion)
Table 31 On-premise digital transformation solution, by region, 2016-2028 (USD Billion)
Table 32 Digital transformation market for large enterprise, 2016-2028 (USD Billion)
Table 33 Digital transformation market for large enterprise, by region, 2016-2028 (USD Billion)
Table 34 Digital transformation market for small & medium enterprise, 2016-2028 (USD Billion)
Table 35 Digital transformation market for small & medium enterprise, by region, 2016-2028 (USD Billion)
Table 36 Digital transformation market in BFSI, 2016-2028 (USD Billion)
Table 37 Digital transformation market in BFSI, by region, 2016-2028 (USD Billion)
Table 38 Digital transformation market in government, 2016-2028 (USD Billion)
Table 39 Digital transformation market in government, by region, 2016-2028 (USD Billion)
Table 40 Digital transformation market in healthcare, 2016-2028 (USD Billion)
Table 41 Digital transformation market in healthcare, by region, 2016-2028 (USD Billion)
Table 42 Digital transformation market in IT & telecom, 2016-2028 (USD Billion)
Table 43 Digital transformation market in IT & telecom, by region, 2016-2028 (USD Billion)
Table 44 Digital transformation market in manufacturing, 2016-2028 (USD Billion)
Table 45 Digital transformation market in manufacturing, by region, 2016-2028 (USD Billion)
Table 46 Digital transformation market in retail, 2016-2028 (USD Billion)
Table 47 Digital transformation market in retail, by region, 2016-2028 (USD Billion)
Table 48 Digital transformation market in other end-use, 2016-2028 (USD Billion)
Table 49 Digital transformation market in other end-use, by region, 2016-2028 (USD Billion)
Table 50 North America digital transformation market, 2016-2028 (USD Billion)
Table 51 North America digital transformation market, by type, 2016-2028 (USD Billion)
Table 52 North America digital transformation market, by solution, 2016-2028 (USD Billion)
Table 53 North America digital transformation market, by service, 2016-2028 (USD Billion)
Table 54 North America digital transformation market, by deployment, 2016-2028 (USD Billion)
Table 55 North America digital transformation market, by enterprise size, 2016-2028 (USD Billion)
Table 56 North America digital transformation market, by end-use, 2016-2028 (USD Billion)
Table 57 The U.S. digital transformation market, 2016-2028 (USD Billion)
Table 58 The U.S. digital transformation market, by type 2016-2028 (USD Billion)
Table 59 The U.S. digital transformation market, by solution, 2016-2028 (USD Billion)
Table 60 The U.S. digital transformation market, by service, 2016-2028 (USD Billion)
Table 61 The U.S. digital transformation market, by deployment, 2016-2028 (USD Billion)
Table 62 The U.S. digital transformation market, by enterprise size, 2016-2028 (USD Billion)
Table 63 The U.S. digital transformation market, by end-use, 2016-2028 (USD Billion)
Table 64 Canada digital transformation market, 2016-2028 (USD Billion)
Table 65 Canada digital transformation market, by type, 2016-2028 (USD Billion)
Table 66 Canada digital transformation market, by solution, 2016-2028 (USD Billion)
Table 67 Canada digital transformation market, by service, 2016-2028 (USD Billion)
Table 68 Canada digital transformation market, by deployment, 2016-2028 (USD Billion)
Table 69 Canada digital transformation market, by enterprise size, 2016-2028 (USD Billion
Table 70 Canada digital transformation market, by end-use, 2016-2028 (USD Billion)
Table 71 Europe digital transformation market, 2016-2028 (USD Billion)
Table 72 Europe digital transformation market, by type, 2016-2028 (USD Billion)
Table 73 Europe digital transformation market, by solution, 2016-2028 (USD Billion)
Table 74 Europe digital transformation market, by service, 2016-2028 (USD Billion)
Table 75 Europe digital transformation market, by deployment, 2016-2028 (USD Billion)
Table 76 Europe digital transformation market, by enterprise size, 2016-2028 (USD Billion)
Table 77 Europe digital transformation market, by end-use, 2016-2028 (USD Billion)
Table 78 The U.K. digital transformation market, 2016-2028 (USD Billion)
Table 79 The U.K. digital transformation market, by type, 2016-2028 (USD Billion)
Table 80 The U.K. digital transformation market, by solution, 2016-2028 (USD Billion)
Table 81 The U.K. digital transformation market, by service, 2016-2028 (USD Billion)
Table 82 The U.K. digital transformation market, by deployment, 2016-2028 (USD Billion)
Table 83 The U.K. digital transformation market, by enterprise size, 2016-2028 (USD Billion)
Table 84 The U.K. digital transformation market, by end-use, 2016-2028 (USD Billion)
Table 85 Germany digital transformation market, 2016-2028 (USD Billion)
Table 86 Germany digital transformation market, by type, 2016-2028 (USD Billion)
Table 87 Germany digital transformation market, by solution, 2016-2028 (USD Billion)
Table 88 Germany digital transformation market, by service, 2016-2028 (USD Billion)
Table 89 Germany digital transformation market, by deployment, 2016-2028 (USD Billion)
Table 90 Germany digital transformation market, by enterprise size, 2016-2028 (USD Billion)
Table 91 Germany digital transformation market, by end-use, 2016-2028 (USD Billion)
Table 92 Asia Pacific digital transformation market, 2016-2028 (USD Billion)
Table 93 Asia Pacific digital transformation market, by type, 2016-2028 (USD Billion)
Table 94 Asia Pacific digital transformation market, by solution, 2016-2028 (USD Billion)
Table 95 Asia Pacific digital transformation market, by service, 2016-2028 (USD Billion)
Table 96 Asia Pacific digital transformation market, by deployment, 2016-2028 (USD Billion)
Table 97 Asia Pacific digital transformation market, by enterprise size, 2016-2028 (USD Billion)
Table 98 Asia Pacific digital transformation market, by end-use, 2016-2028 (USD Billion)
Table 99 China digital transformation market, 2016-2028 (USD Billion)
Table 100 China digital transformation market, by type, 2016-2028 (USD Billion)
Table 101 China digital transformation market, by solution, 2016-2028 (USD Billion)
Table 102 China digital transformation market, by service, 2016-2028 (USD Billion)
Table 103 China digital transformation market, by deployment, 2016-2028 (USD Billion)
Table 104 China digital transformation market, by enterprise size, 2016-2028 (USD Billion)
Table 105 China digital transformation market, by end-use, 2016-2028 (USD Billion)
Table 106 India digital transformation market, 2016-2028 (USD Billion)
Table 107 India digital transformation market, by type, 2016-2028 (USD Billion)
Table 108 India digital transformation market, by solution, 2016-2028 (USD Billion)
Table 109 India digital transformation market, by service, 2016-2028 (USD Billion)
Table 110 India digital transformation market, by deployment, 2016-2028 (USD Billion)
Table 111 India digital transformation market, by enterprise size, 2016-2028 (USD Billion)
Table 112 India digital transformation market, by end-use, 2016-2028 (USD Billion)
Table 113 Japan digital transformation market, 2016-2028 (USD Billion)
Table 114 Japan digital transformation market, by type, 2016-2028 (USD Billion)
Table 115 Japan digital transformation market, by solution, 2016-2028 (USD Billion)
Table 116 Japan digital transformation market, by service, 2016-2028 (USD Billion)
Table 117 Japan digital transformation market, by deployment, 2016-2028 (USD Billion)
Table 118 Japan digital transformation market, by enterprise size, 2016-2028 (USD Billion
Table 119 Japan digital transformation market, by end-use, 2016-2028 (USD Billion)
Table 120 Latin America digital transformation market, 2016-2028 (USD Billion)
Table 121 Latin America digital transformation market, by type, 2016-2028 (USD Billion)
Table 122 Latin America digital transformation market, by solution, 2016-2028 (USD Billion)
Table 123 Latin America digital transformation market, by service, 2016-2028 (USD Billion)
Table 124 Latin America digital transformation market, by deployment, 2016-2028 (USD Billion)
Table 125 Latin America digital transformation market, by enterprise size, 2016-2028 (USD Billion)
Table 126 Latin America digital transformation market, by end-use, 2016-2028 (USD Billion)
Table 127 Brazil digital transformation market, 2016-2028 (USD Billion)
Table 128 Brazil digital transformation market, by type, 2016-2028 (USD Billion)
Table 129 Brazil digital transformation market, by solution, 2016-2028 (USD Billion)
Table 130 Brazil digital transformation market, by service, 2016-2028 (USD Billion)
Table 131 Brazil digital transformation market, by deployment, 2016-2028 (USD Billion)
Table 132 Brazil digital transformation market, by end-use, 2016-2028 (USD Billion)
Table 133 MEA digital transformation market, 2016-2028 (USD Billion)
Table 134 MEA digital transformation market, by type, 2016-2028 (USD Billion)
Table 135 MEA digital transformation market, by solution, 2016-2028 (USD Billion)
Table 136 MEA digital transformation market, by service, 2016-2028 (USD Billion)
Table 137 MEA digital transformation market, by deployment, 2016-2028 (USD Billion)
Table 138 MEA digital transformation market, by enterprise size, 2016-2028 (USD Billion)
Table 139 MEA digital transformation market, by end-use, 2016-2028 (USD Billion)

List of Figures
Fig. 1 Market segmentation and scope
Fig. 2 Global digital transformation market, 2016-2028 (USD Billion)
Fig. 3 Digital transformation market - Value chain analysis
Fig. 4 Digital transformation market dynamics
Fig. 5 Key opportunities prioritized
Fig. 6 Digital transformation market - Porter’s five forces analysis
Fig. 7 Digital transformation market - PESTEL analysis
Fig. 8 COVID-19 impact on tech spending
Fig. 9 Digital transformation market share, by type, 2020
Fig. 10 Digital transformation market share, by deployment, 2020
Fig. 11 Digital transformation market share, by enterprise size, 2020
Fig. 12 Digital transformation market share, by end-use, 2020
Fig. 13 Digital transformation market share by region, 2020
Fig. 14 Regional marketplace - Key takeaways
Fig. 15 North America digital transformation market - Key takeaways
Fig. 16 Europe digital transformation market - Key takeaways
Fig. 17 Asia Pacific digital transformation market - Key takeaways
Fig. 18 Latin America digital transformation market - Key takeaways
Fig. 19 MEA digital transformation market - Key takeaways
Note: Product cover images may vary from those shown
  • Accenture plc
  • Apple Inc.
  • ADOBE INC.
  • CA Technologies (Broadcom Inc.)
  • Dell Technologies Inc.
  • HEWLETT PACKARD ENTERPRISE COMPANY
  • International Business Machines Corp.
  • Microsoft Corporation
  • Kellton Tech Solutions Ltd
  • Alphabet Inc. (Google Inc.)
Note: Product cover images may vary from those shown

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