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Global Digital Transformation Market (2021 to 2028) - Featuring IBM, Microsoft and Dell EMC Among Others

Research and Markets
·10-min read

Dublin, Nov. 11, 2021 (GLOBE NEWSWIRE) -- The "Digital Transformation Market Size, Share & Analysis, By Technology, By Component, By Deployment Mode, By Organization Size, By Business Function, By End-Use Industry, And By Region, Forecast To 2028" report has been added to ResearchAndMarkets.com's offering.

Growing adoption of high-end technologies such as cloud platform, Big Data analytics, Internet of Things, Internet of Everything, Machine Learning, etc. is a key factor driving market growth

The global digital transformation market size is expected to reach 1,560.53 Billion in 2028, and register a CAGR of 16.1% during the forecast period. Rapid digitalization globally shifting approach towards modernized business functioning set-up, rising need for Big Data analysis in various sectors for analyzing customer data and offering enhanced products and services are factors driving growth of the global digital transformation market.

Rapidly growing electronics industry, especially in developing countries in Asia Pacific, increasing sales of consumer electronics such as personal computers laptops, smartphones, tablets, etc. is further supporting growth of the global digital transformation market. Rising trend of Bring Your Own Device concept, as well as recent outbreak of COVID-19 are resulting in digitalization of operations. These major trends are gaining traction, thereby driving market growth. However, high cost required for digitalization, possibilities of security breaches are factors that could restrain market growth to some extent.

Some Key Findings From the Report:

  • Among the component segments, the solution segment accounted for the largest revenue share of 64.4% in 2020. The services segment is expected to register the highest revenue growth rate during the forecast period.

  • Among the end-use industry segments, the BFSI segment accounted for major revenue share in 2020. Increasing use of smartphones and Internet for Internet banking, and online transactions is expected to drive revenue growth of the BFSI segment

  • North America market accounted for the largest revenue share in the global digital transformation market in 2020, due to high use of Internet and online payment methods, strong presence of major players in countries in the region.

  • The Asia Pacific market size was USD 98.64 Billion in 2020, due to rapid digitalization in the region, Government initiatives to promote use of digital platforms, and rising adoption of cloud services.

  • Key players profiled in the report include IBM Corporation, Microsoft Corporation, SAP, Dell EMC, Google, Accenture PLC, CA Technologies, Cognizant, Adobe Systems, Oracle Corporation, Hewlett Packard Enterprise, HCL Technologies, TIBCO Software, Marlabs, and Equinix have been profiled in the report. The market players have adopted various strategies including mergers, acquisitions, partnerships, and new product developments, among other strategies, to stay ahead of the competition and expand market footprint.

Reasons to Buy the Report

  • A robust analysis and estimation of the Digital Transformation Market with four levels of quality check - in-house database, expert interviews, governmental regulation, and a forecast specifically done through time series analysis

  • A holistic competitive landscape of all the major players in the Digital Transformation Market. The report covers their market shares, strategic initiatives, new product launches, R&D expenditure, M&As, Joint ventures, expansionary plans, product wise metric space analysis and key developments

  • Go-to-market strategies specifically formulated in line with location analysis which takes into the factors such as government regulations, supplier mapping, supply chain obstacles, and feedback from local vendors

  • Most deep dive segmental bifurcation available currently in the market. Our stellar methodology helps us understand the overall gamut of the supply chain and will help you explain the current market dynamics

  • Special focus given on vendor landscape, supplier portfolio, customer mapping, production capacity, and yearly capacity utilization

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Key Topics Covered:

Chapter 1. Market Synopsis

Chapter 2. Executive Summary

Chapter 3. Indicative Metrics

Chapter 4. Digital Transformation Market Segmentation & Impact Analysis
4.1. Digital Transformation Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.3. Advent of technologies like AI, ML, Cloud Computing and IoT
4.2.4. Increased efficiency, predictive maintenance & reduction if required
4.2.5. Market restraints analysis
4.2.6. Low awareness regarding benefits of using virtual sensors
4.2.7. Stigma among SMEs against using cloud based services.
4.3. Technological Insights
4.4. Regulatory Framework
4.5. ETOP Analysis
4.6. Porter's Five Forces Analysis
4.7. Competitive Metric Space Analysis
4.8. Price trend Analysis
4.9. Customer Mapping
4.10. Covid-19 Impact Analysis
4.10.1. Outlook for Q1 2020
4.10.2. Outlook for Q2 2020
4.10.3. Outlook for Q3 2020
4.10.4. Outlook for Q4 2020
4.11. Global Recession Influence

Chapter 5. Digital Transformation By Component Insights & Trends
5.1. Component Dynamics & Market Share, 2021 & 2028
5.2. Solutions
5.2.1. Market estimates and forecast, 2018 - 2028 (USD Billion)
5.2.2. Market estimates and forecast, By Region, 2018 - 2028 (USD Billion)
5.3. Services
5.3.1. Market estimates and forecast, 2018 - 2028 (USD Billion)
5.3.2. Market estimates and forecast, By Region, 2018 - 2028 (USD Billion)
5.3.3. Managed Services
5.3.3.1. Market estimates and forecast, 2018 - 2028 (USD Billion)
5.3.3.2. Market estimates and forecast, By Region, 2018 - 2028 (USD Billion)
5.3.4. Professional Services
5.3.4.1. Market estimates and forecast, 2018 - 2028 (USD Billion)
5.3.4.2. Market estimates and forecast, By Region, 2018 - 2028 (USD Billion)

Chapter 6. Digital Transformation By Technology Insights & Trends
6.1. Technology Dynamics & Market Share, 2021 & 2028
6.2. Cloud Computing
6.2.1. Market estimates and forecast, 2018 - 2028 (USD Billion)
6.2.2. Market estimates and forecast, By Region, 2018 - 2028 (USD Billion)
6.3. Big Data & Analytics
6.3.1. Market estimates and forecast, 2018 - 2028 (USD Billion)
6.3.2. Market estimates and forecast, By Region, 2018 - 2028 (USD Billion)
6.4. Mobility/Social Media
6.4.1. Market estimates and forecast, 2018 - 2028 (USD Billion)
6.4.2. Market estimates and forecast, By Region, 2018 - 2028 (USD Billion)
6.5. Cybersecurity
6.5.1. Market estimates and forecast, 2018 - 2028 (USD Billion)
6.5.2. Market estimates and forecast, By Region, 2018 - 2028 (USD Billion)
6.6. Artificial Intelligence
6.6.1. Market estimates and forecast, 2018 - 2028 (USD Billion)
6.6.2. Market estimates and forecast, By Region, 2018 - 2028 (USD Billion)
6.7. Internet of Things (IoT)
6.7.1. Market estimates and forecast, 2018 - 2028 (USD Billion)
6.7.2. Market estimates and forecast, By Region, 2018 - 2028 (USD Billion)
6.8. Others
6.8.1. Market estimates and forecast, 2018 - 2028 (USD Billion)
6.8.2. Market estimates and forecast, By Region, 2018 - 2028 (USD Billion)

Chapter 7. Digital Transformation By Business Function Insights & Trends
7.1. Business Function Dynamics & Market Share, 2021 & 2028
7.2. Customer Transformation
7.2.1. Market estimates and forecast, 2018 - 2028 (USD Billion)
7.2.2. Market estimates and forecast, By Region, 2018 - 2028 (USD Billion)
7.3. Workforce Transformation
7.3.1. Market estimates and forecast, 2018 - 2028 (USD Billion)
7.3.2. Market estimates and forecast, By Region, 2018 - 2028 (USD Billion)
7.4. Product Transformation
7.4.1. Market estimates and forecast, 2018 - 2028 (USD Billion)
7.4.2. Market estimates and forecast, By Region, 2018 - 2028 (USD Billion)
7.5. Others
7.5.1. Market estimates and forecast, 2018 - 2028 (USD Billion)
7.5.2. Market estimates and forecast, By Region, 2018 - 2028 (USD Billion)

Chapter 8. Digital Transformation By Deployment Mode Insights & Trends
8.1. Deployment Mode Dynamics & Market Share, 2021 & 2028
8.2. Cloud
8.2.1. Market estimates and forecast, 2018 - 2028 (USD Billion)
8.2.2. Market estimates and forecast, By Region, 2018 - 2028 (USD Billion)
8.3. On-Premise
8.3.1. Market estimates and forecast, 2018 - 2028 (USD Billion)
8.3.2. Market estimates and forecast, By Region, 2018 - 2028 (USD Billion)

Chapter 9. Digital Transformation By Organization Size Insights & Trends
9.1. Organization Size Dynamics & Market Share, 2021 & 2028
9.2. Large Enterprise
9.2.1. Market estimates and forecast, 2018 - 2028 (USD Billion)
9.2.2. Market estimates and forecast, By Region, 2018 - 2028 (USD Billion)
9.3. Medium scale Enterprise
9.3.1. Market estimates and forecast, 2018 - 2028 (USD Billion)
9.3.2. Market estimates and forecast, By Region, 2018 - 2028 (USD Billion)
9.4. Small scale Enterprise
9.4.1. Market estimates and forecast, 2018 - 2028 (USD Billion)
9.4.2. Market estimates and forecast, By Region, 2018 - 2028 (USD Billion)

Chapter 10. Digital Transformation By End Use Industry Insights & Trends
10.1. End Use Industry Dynamics & Market Share, 2021 & 2028
10.2. BFSI
10.2.1. Market estimates and forecast, 2018 - 2028 (USD Billion)
10.2.2. Market estimates and forecast, By Region, 2018 - 2028 (USD Billion)
10.3. Government & Defense
10.3.1. Market estimates and forecast, 2018 - 2028 (USD Billion)
10.3.2. Market estimates and forecast, By Region, 2018 - 2028 (USD Billion)
10.4. Healthcare & Life sciences
10.4.1. Market estimates and forecast, 2018 - 2028 (USD Billion)
10.4.2. Market estimates and forecast, By Region, 2018 - 2028 (USD Billion)
10.5. Manufacturing
10.5.1. Market estimates and forecast, 2018 - 2028 (USD Billion)
10.5.2. Market estimates and forecast, By Region, 2018 - 2028 (USD Billion)
10.6. Retail & E-commerce
10.6.1. Market estimates and forecast, 2018 - 2028 (USD Billion)
10.6.2. Market estimates and forecast, By Region, 2018 - 2028 (USD Billion)
10.7. IT & Telecommunications
10.7.1. Market estimates and forecast, 2018 - 2028 (USD Billion)
10.7.2. Market estimates and forecast, By Region, 2018 - 2028 (USD Billion)
10.8. Energy & utilities
10.8.1. Market estimates and forecast, 2018 - 2028 (USD Billion)
10.8.2. Market estimates and forecast, By Region, 2018 - 2028 (USD Billion)
10.9. Others
10.9.1. Market estimates and forecast, 2018 - 2028 (USD Billion)
10.9.2. Market estimates and forecast, By Region, 2018 - 2028 (USD Billion)

Chapter 11. Digital Transformation Market Regional Outlook

Chapter 12. Competitive Landscape
12.1. Market Revenue Share
12.2. Manufacturing Cost Breakdown Analysis
12.3. Mergers & Acquisitions
12.4. Market positioning
12.5. Strategy Benchmarking
12.6. Vendor Landscape

Chapter 13. Company Profiles
13.1. IBM Corp.
13.1.1. Company Overview
13.1.2. Financial Performance
13.1.3. Technology Insights
13.1.4. Strategic Initiatives
13.2. Microsoft Corp.
13.2.1. Company Overview
13.2.2. Financial Performance
13.2.3. Technology Insights
13.2.4. Strategic Initiatives
13.3. SAP
13.3.1. Company Overview
13.3.2. Financial Performance
13.3.3. Technology Insights
13.3.4. Strategic Initiatives
13.4. Dell EMC
13.4.1. Company Overview
13.4.2. Financial Performance
13.4.3. Technology Insights
13.4.4. Strategic Initiatives
13.5. Google
13.5.1. Company Overview
13.5.2. Financial Performance
13.5.3. Technology Insights
13.5.4. Strategic Initiatives
13.6. Accenture PLC
13.6.1. Company Overview
13.6.2. Financial Performance
13.6.3. Technology Insights
13.6.4. Strategic Initiatives
13.7. CA Technologies
13.7.1. Company Overview
13.7.2. Financial Performance
13.7.3. Technology Insights
13.7.4. Strategic Initiatives
13.8. Cognizant
13.8.1. Company Overview
13.8.2. Financial Performance
13.8.3. Technology Insights
13.8.4. Strategic Initiatives
13.9. Adobe Systems
13.9.1. Company Overview
13.9.2. Financial Performance
13.9.3. Technology Insights
13.9.4. Strategic Initiatives
13.10. Oracle Corp.
13.10.1. Company Overview
13.10.2. Financial Performance
13.10.3. Technology Insights
13.10.4. Strategic Initiatives

For more information about this report visit https://www.researchandmarkets.com/r/jte2so

CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900