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Digital Transformation Global Market Report 2024

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    Report

  • 200 Pages
  • February 2024
  • Region: Global
  • The Business Research Company
  • ID: 5939230
The digital transformation market size has grown exponentially in recent years. It will grow from $1382.64 billion in 2023 to $1666.84 billion in 2024 at a compound annual growth rate (CAGR) of 20.6%. The expansion observed in the historical period can be ascribed to robust economic development in emerging markets, a rising trend in the integration of digital transformation within the healthcare sector, a surge in the generation of data volumes, and an escalating adoption of 5G networks.

The digital transformation market size is expected to see rapid growth in the next few years. It will grow to $3248.34 billion in 2028 at a compound annual growth rate (CAGR) of 18.2%. Forecasted growth is fueled by mobile device availability, government initiatives, increased internet penetration, higher marketing spending, and rising demand for industrial automation. Key trends include AI integration, advancing digital transformation, creative networks, frequent product launches, IoT prevalence, startups in big data and analytics, and a focus on strategic partnerships.

The anticipated surge in the adoption of machine learning and artificial intelligence is poised to propel the expansion of the digital transformation market in the foreseeable future. Traditional businesses are leveraging digital transformation solutions such as cloud computing, big data analytics, and data management, coupled with advanced features such as artificial intelligence and machine learning. These technologies optimize business operations, resulting in enhanced operational efficiency and reduced resource allocation. The pervasive integration of these solutions across various sectors, including healthcare, banking, transportation, and manufacturing, has significantly heightened the demand in the digital transformation market. Notably, a report by Cloudmantra revealed that the utilization of machine learning in the Indian manufacturing industry led to a 20% increase in manufacturing capacity and a 4% reduction in material usage in 2021. Moreover, machine learning empowered manufacturers to govern Overall Equipment Effectiveness (OEE) at the plant level, elevating OEE performance from 65% to 85%. The MIT Technology Review Insights report in 2022 indicated that approximately 60% of manufacturers are leveraging artificial intelligence to enhance daily operations, product design, and future planning. The escalating adoption of machine learning and AI is a driving force behind the digital transformation market.

The growth trajectory of the digital transformation market is further accentuated by favorable government initiatives in developed countries, charting a course for expansion in the forecast period. Notably, in April 2022, the United States Government, through the United States Agency for International Development (USAID), launched a digital transformation initiative for 200 micro, small, and medium-sized enterprises (MSMEs) operating in metalworking, manufacturing, and agribusiness sectors. This initiative aims to enable companies to explore new avenues in electronic commerce, digital marketing, and modernization of production and marketing processes. The project involves the selection of 100 MSMEs each from the metalworking and manufacturing sectors, along with 100 companies from the agribusiness sector. The intervention encompasses training and personalized technical assistance in digital innovation processes, implementation of new technological tools for the participating sectors, and sector-specific business roundtables. Additionally, in December 2021, the Finnish government initiated two transformation projects as part of its mission to pioneer a digital economy. The Real-Time Economy (RTE) project, spearheaded by the Ministry of Economic Affairs (MEA), is slated to run until 2024. This initiative seeks to solidify Finland's position at the forefront of global digitization and leverage IT to enhance the international competitiveness of domestic companies in the digital economy. Government initiatives, such as these, are poised to significantly contribute to the growth of the digital transformation market.

The integration of artificial intelligence (AI) capabilities stands out as a prominent trend gaining momentum within the digital transformation market. AI, encompassing advancements such as machine learning, natural language processing (NLP), data labeling platforms, and predictive analytics, plays a pivotal role in driving digital transformation initiatives. A notable illustration of this trend is evident in IBM's actions, a US-based technology company specializing in computer hardware, software, cloud computing, and data analytics. In May 2021, IBM launched hybrid cloud and AI capabilities aimed at expediting digital transformation processes. These innovations underscore IBM's commitment to assisting clients and partners in accelerating their digital transformations, fostering intelligent return-to-work strategies, and cultivating strategic ecosystems that contribute to enhanced business outcomes. The significance of incorporating AI into business operations became particularly pronounced during the pandemic, as highlighted by a recent IBM study on AI usage in the business landscape.

Prominent players in the market are strategically focusing on the introduction of new products to enhance their portfolio offerings. For instance, in April 2021, EY, a UK-based company offering assurance, tax, consulting, and advisory services, unveiled the IBM TechHub@EY. This initiative serves as a centralized point of contact for all IBM technology-related needs across the EY network, thereby expanding the capabilities and offerings of the existing EY-IBM Alliance. The technical support provided encompasses solution architecture evaluations, proof-of-concept assistance, and access to sandbox testing and development environments. Moreover, it extends to ideation, design, and the construction of solutions, including the enablement and certification of EY services practitioners. This strategic move by EY reflects a commitment to staying at the forefront of technological advancements and delivering comprehensive solutions to meet evolving client demands.

In October 2021, Accenture plc, an Ireland-based professional services company, acquired Umlaut Systems Gmbh for an undisclosed sum. This strategic move is geared towards bolstering Accenture's engineering capabilities in leveraging digital technologies such as cloud and artificial intelligence. The acquisition also brings on board top engineers and consultants from 17 countries worldwide, enriching Accenture's Industry X services. This development enhances Accenture's strengths in key industries such as automotive, aerospace and defense, energy, telecom, and utilities. Umlaut Systems Gmbh, headquartered in Germany, specializes in custom engineering solutions and contributes expertise in organizational culture, structure, and processes.

Major companies operating in the digital transformation market report are Google LLC, Microsoft Corporation, IBM Corporation, Accenture PLC, Adobe Systems Inc, Oracle Corporation, SAP SE, Capgemini, Salesforce.com, Dell EMC, Shanghai Electric Group Co., Ltd., Chongqing Changan Automobile Co., Ltd., Hakuna Matata, Midea Group's, Weichai Power Co., Ltd, Lianbao (Hefei) Electronic Technology Co., Ltd., Sany Heavy Industry Co., Ltd., CITIC Dicastal Co., Ltd., Space-O Technologies, Sophie Candau Communication, Xella, SQLI, Siemens AG, Deloitte, Nixu, Honeywell International Inc, 4iG Plc., Tibco Software Inc, ASG, CIOReview, Protiviti, Cognex Corporation, Cognizant, Apple Inc., Hewlett-Packard Company, Hisense Group Holdings Co., Ltd.

North America was the largest region in the digital transformation market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the digital transformation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the digital transformation market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.

The primary categories of digital transformation encompass cloud computing, big data and analytics, artificial intelligence (AI), the Internet of Things (IoT), and blockchain. Cloud computing is widely adopted by organizations leveraging digital technologies to create or adapt their services and business processes. Cloud service providers offer a pay-as-you-go cloud platform, allowing clients to store business databases and optimize their operations. Utilizing virtual technology, the cloud-based server hosts the client's applications off-premises, providing convenient access for business operations. Deployment options include both cloud and on-premises, catering to the needs of large enterprises and small to medium-sized enterprises (SMEs). Diverse end-user sectors, including BFSI, healthcare, telecom and IT, automotive, retail and consumer goods, manufacturing, government, and others, benefit from these digital transformation initiatives.

The digital transformation market research report is one of a series of new reports that provides digital transformation market statistics, including digital transformation industry global market size, regional shares, competitors with a digital transformation market share, detailed digital transformation market segments, market trends and opportunities, and any further data you may need to thrive in the digital transformation industry. This digital transformation market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.

The digital transformation market includes revenues earned by entities by reducing operation costs to improve efficiency and customer satisfaction, generating data-based insights, and reducing human errors. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Table of Contents

1. Executive Summary2. Digital Transformation Market Characteristics3. Digital Transformation Market Trends and Strategies
4. Digital Transformation Market - Macro Economic Scenario
4.1. Impact of High Inflation on the Market
4.2. Ukraine-Russia War Impact on the Market
4.3. COVID-19 Impact on the Market
5. Global Digital Transformation Market Size and Growth
5.1. Global Digital Transformation Market Drivers and Restraints
5.1.1. Drivers of the Market
5.1.2. Restraints of the Market
5.2. Global Digital Transformation Historic Market Size and Growth, 2018-2023, Value ($ Billion)
5.3. Global Digital Transformation Forecast Market Size and Growth, 2023-2028, 2033F, Value ($ Billion)
6. Digital Transformation Market Segmentation
6.1. Global Digital Transformation Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Cloud Computing
  • Big Data and Analytics
  • Artificial intelligence (AI)
  • Internet of Things (IoT)
  • Blockchain and Other Technologies
6.2. Global Digital Transformation Market, Segmentation by Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Cloud
  • on-Premises
6.3. Global Digital Transformation Market, Segmentation by Organization, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Large Enterprises
  • Small and Medium-sized Enterprises (SMEs)
6.4. Global Digital Transformation Market, Segmentation by End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • BFSI
  • Healthcare
  • Telecom and IT
  • Automotive
  • Retail and Consumer Goods
  • Manufacturing
  • Government
  • Other End Users
7. Digital Transformation Market Regional and Country Analysis
7.1. Global Digital Transformation Market, Split by Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Digital Transformation Market, Split by Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8. Asia-Pacific Digital Transformation Market
8.1. Asia-Pacific Digital Transformation Market Overview
Region Information, Impact of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Digital Transformation Market, Segmentation by Organization, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Digital Transformation Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Digital Transformation Market, Segmentation by End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
9. China Digital Transformation Market
9.1. China Digital Transformation Market Overview
9.2. China Digital Transformation Market, Segmentation by Organization, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Digital Transformation Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Digital Transformation Market, Segmentation by End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
10. India Digital Transformation Market
10.1. India Digital Transformation Market, Segmentation by Organization, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Digital Transformation Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Digital Transformation Market, Segmentation by End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11. Japan Digital Transformation Market
11.1. Japan Digital Transformation Market Overview
11.2. Japan Digital Transformation Market, Segmentation by Organization, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Digital Transformation Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Digital Transformation Market, Segmentation by End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12. Australia Digital Transformation Market
12.1. Australia Digital Transformation Market, Segmentation by Organization, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Digital Transformation Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Digital Transformation Market, Segmentation by End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13. Indonesia Digital Transformation Market
13.1. Indonesia Digital Transformation Market, Segmentation by Organization, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Digital Transformation Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Digital Transformation Market, Segmentation by End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14. South Korea Digital Transformation Market
14.1. South Korea Digital Transformation Market Overview
14.2. South Korea Digital Transformation Market, Segmentation by Organization, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Digital Transformation Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Digital Transformation Market, Segmentation by End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15. Western Europe Digital Transformation Market
15.1. Western Europe Digital Transformation Market Overview
15.2. Western Europe Digital Transformation Market, Segmentation by Organization, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Digital Transformation Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Digital Transformation Market, Segmentation by End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16. UK Digital Transformation Market
16.1. UK Digital Transformation Market, Segmentation by Organization, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Digital Transformation Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Digital Transformation Market, Segmentation by End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17. Germany Digital Transformation Market
17.1. Germany Digital Transformation Market, Segmentation by Organization, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Digital Transformation Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Digital Transformation Market, Segmentation by End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18. France Digital Transformation Market
18.1. France Digital Transformation Market, Segmentation by Organization, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Digital Transformation Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Digital Transformation Market, Segmentation by End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19. Italy Digital Transformation Market
19.1. Italy Digital Transformation Market, Segmentation by Organization, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Digital Transformation Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Digital Transformation Market, Segmentation by End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20. Spain Digital Transformation Market
20.1. Spain Digital Transformation Market, Segmentation by Organization, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Digital Transformation Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Digital Transformation Market, Segmentation by End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21. Eastern Europe Digital Transformation Market
21.1. Eastern Europe Digital Transformation Market Overview
21.2. Eastern Europe Digital Transformation Market, Segmentation by Organization, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Digital Transformation Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Digital Transformation Market, Segmentation by End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22. Russia Digital Transformation Market
22.1. Russia Digital Transformation Market, Segmentation by Organization, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Digital Transformation Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Digital Transformation Market, Segmentation by End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23. North America Digital Transformation Market
23.1. North America Digital Transformation Market Overview
23.2. North America Digital Transformation Market, Segmentation by Organization, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Digital Transformation Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Digital Transformation Market, Segmentation by End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24. USA Digital Transformation Market
24.1. USA Digital Transformation Market Overview
24.2. USA Digital Transformation Market, Segmentation by Organization, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Digital Transformation Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Digital Transformation Market, Segmentation by End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25. Canada Digital Transformation Market
25.1. Canada Digital Transformation Market Overview
25.2. Canada Digital Transformation Market, Segmentation by Organization, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Digital Transformation Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Digital Transformation Market, Segmentation by End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26. South America Digital Transformation Market
26.1. South America Digital Transformation Market Overview
26.2. South America Digital Transformation Market, Segmentation by Organization, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Digital Transformation Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Digital Transformation Market, Segmentation by End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27. Brazil Digital Transformation Market
27.1. Brazil Digital Transformation Market, Segmentation by Organization, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Digital Transformation Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Digital Transformation Market, Segmentation by End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28. Middle East Digital Transformation Market
28.1. Middle East Digital Transformation Market Overview
28.2. Middle East Digital Transformation Market, Segmentation by Organization, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Digital Transformation Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Digital Transformation Market, Segmentation by End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29. Africa Digital Transformation Market
29.1. Africa Digital Transformation Market Overview
29.2. Africa Digital Transformation Market, Segmentation by Organization, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Digital Transformation Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Digital Transformation Market, Segmentation by End Users, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
30. Digital Transformation Market Competitive Landscape and Company Profiles
30.1. Digital Transformation Market Competitive Landscape
30.2. Digital Transformation Market Company Profiles
30.2.1. Google LLC
30.2.1.1. Overview
30.2.1.2. Products and Services
30.2.1.3. Strategy
30.2.1.4. Financial Performance
30.2.2. Microsoft Corporation
30.2.2.1. Overview
30.2.2.2. Products and Services
30.2.2.3. Strategy
30.2.2.4. Financial Performance
30.2.3. IBM Corporation
30.2.3.1. Overview
30.2.3.2. Products and Services
30.2.3.3. Strategy
30.2.3.4. Financial Performance
30.2.4. Accenture PLC
30.2.4.1. Overview
30.2.4.2. Products and Services
30.2.4.3. Strategy
30.2.4.4. Financial Performance
30.2.5. Adobe Systems Inc
30.2.5.1. Overview
30.2.5.2. Products and Services
30.2.5.3. Strategy
30.2.5.4. Financial Performance
31. Digital Transformation Market Other Major and Innovative Companies
31.1. Oracle Corporation
31.2. SAP SE
31.3. Capgemini
31.4. Salesforce.com
31.5. Dell EMC
31.6. Shanghai Electric Group Co., Ltd.
31.7. Chongqing Changan Automobile Co., Ltd.
31.8. Hakuna Matata
31.9. Midea Group's
31.10. Weichai Power Co., Ltd
31.11. Lianbao (Hefei) Electronic Technology Co., Ltd.
31.12. Sany Heavy Industry Co., Ltd.
31.13. CITIC Dicastal Co., Ltd.
31.14. Space-O Technologies
31.15. Sophie Candau Communication
32. Global Digital Transformation Market Competitive Benchmarking33. Global Digital Transformation Market Competitive Dashboard34. Key Mergers and Acquisitions in the Digital Transformation Market
35. Digital Transformation Market Future Outlook and Potential Analysis
35.1 Digital Transformation Market in 2028 - Countries Offering Most New Opportunities
35.2 Digital Transformation Market in 2028 - Segments Offering Most New Opportunities
35.3 Digital Transformation Market in 2028 - Growth Strategies
35.3.1 Market Trend-based Strategies
35.3.2 Competitor Strategies
36. Appendix
36.1. Abbreviations
36.2. Currencies
36.3. Historic and Forecast Inflation Rates
36.4. Research Inquiries
36.5. About the Analyst
36.6. Copyright and Disclaimer

Executive Summary

Digital Transformation Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on digital transformation market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
  • Understand how the market has been affected by the coronavirus and how it is responding as the impact of the virus abates.
  • Assess the Russia-Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
  • Measure the impact of high global inflation on market growth.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market shares.
  • Benchmark performance against key competitors.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis.
  • Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
  • All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for digital transformation? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
  • The forecasts are made after considering the major factors currently impacting the market. These include:
  • The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
  • The impact of higher inflation in many countries and the resulting spike in interest rates.
  • The continued but declining impact of COVID-19 on supply chains and consumption patterns.
  • Market segmentations break down the market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Report Scope

Markets Covered:
1) By Technology: Cloud Computing; Big Data and Analytics; Artificial intelligence (AI); Internet Of Things (IoT); Blockchain and Other Technologies
2) By Deployment: Cloud; On-Premises
3) By Organization: Large Enterprises; Small and Medium-sized Enterprises (SMEs)
4) By End-users: BFSI; Healthcare; Telecom and IT; Automotive; Retail and Consumer Goods; Manufacturing; Government; Others

Key Companies Mentioned: Google LLC; Microsoft Corporation; IBM Corporation; Accenture PLC; Adobe Systems Inc

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time Series: Five years historic and ten years forecast

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita

Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes

Delivery Format: PDF, Word and Excel Data Dashboard

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Google LLC
  • Microsoft Corporation
  • IBM Corporation
  • Accenture PLC
  • Adobe Systems Inc
  • Oracle Corporation
  • SAP SE
  • Capgemini
  • Salesforce.com
  • Dell EMC
  • Shanghai Electric Group Co., Ltd.
  • Chongqing Changan Automobile Co., Ltd.
  • Hakuna Matata
  • Midea Group's
  • Weichai Power Co., Ltd
  • Lianbao (Hefei) Electronic Technology Co., Ltd.
  • Sany Heavy Industry Co., Ltd.
  • CITIC Dicastal Co., Ltd.
  • Space-O Technologies
  • Sophie Candau Communication
  • Xella
  • SQLI
  • Siemens AG
  • Deloitte
  • Nixu
  • Honeywell International Inc
  • 4iG Plc.
  • Tibco Software Inc
  • ASG
  • CIOReview
  • Protiviti
  • Cognex Corporation
  • Cognizant
  • Apple Inc.
  • Hewlett-Packard Company
  • Hisense Group Holdings Co., Ltd

Methodology

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Table Information