Digital Transformation Market Scope
Digital transformation is the integration of digital technology into all areas of a business in order to change how they operate and how they deliver value to their customers. It’s used to optimizing processes and improve productivity, deliver better customer and employee experiences, manage business risk, and control cost. Increasing numbers of organizations that are switching towards using technology driving solutions to match the rapid pace of business growth boosting the demand for digital transformation market. Growth of end-user industries like BFSI and healthcare sectors is expected to drive the digital transformation market. Furthermore, digital transformation has helped organizations in expanding customer base through better interactions and swifter customer support services.
The market study is being classified, by Application (Small Medium Enterprises and Large Enterprises) and major geographies with country level break-up.
Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Digital Transformation market throughout the predicted period.
IBM Corporation (United States), Cognizant (United States), SAP (Germany), Dell EMC (United States), Microsoft Corporation (United States), Adobe Systems (United States), Accenture PLC (Ireland), Capgemini (France), Oracle Corporation (United States) and Google (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Hewlett Packard Enterprise (United States), CA Technologies (United States), TIBCO Software (United States) and Marlabs (United States).
AdvanceMarketAnalytics has segmented the market of Global Digital Transformation market by Type, Application and Region.
On the basis of geography, the market of Digital Transformation has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Leaders and their expansionary development strategies
In Feb 2019, COFCO International (CIL), China's largest food and agriculture company has selected IBM to integrate and digitally transform its business processes with the implementation of a new SAP platform, including SAP S/4HANA®, SAP® Ariba®, SAP® SuccessFactors®, and SAP Master Data Governance.
In Feb 2019, Microsoft Corp. and Telecom Egypt announced their collaboration to extend Microsoft’s cloud network to Egypt. Telecom Egypt will provide low-latency connectivity into and across Egypt to help enhance performance and increase reliability for customers of Microsoft services. The partnership will increase Microsoft’s reach to the large Egyptian market in addition to improving connectivity across North Africa and the Middle East.
- The Emergence of AI to Collect and Analyzed Data
- Governments Initiative for Investing in Digital Transformation
- Rising Penetration of IoT and Adoption of Cloud Services
- Automation and Digitalization in Business Functions
- Growth in Demand from Developing Countries
- Upsurging Usage of Different Technologies such as IoT, AI, Machine Learning, etc.
- Security and Privacy Concern for Data
- Lack of Skilled Professional
- Underdeveloped IT Infrastructure in Developing Countries
Key Target AudienceService Providers, Software Companies, Government and Private Organisation, End-User Industries, Potential Investors and IT Companies
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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