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The Global Digital Transformation Market is expected to grow by $ 177.53 bn during 2022-2026, decelerating at a CAGR of 17.46% during the forecast period

·3-min read

Global Digital Transformation Market 2022-2026 The analyst has been monitoring the digital transformation market and it is poised to grow by $ 177. 53 bn during 2022-2026, decelerating at a CAGR of 17.

New York, Sept. 19, 2022 (GLOBE NEWSWIRE) -- announces the release of the report "Global Digital Transformation Market in the Retail Sector 2022-2026" -
46% during the forecast period. Our report on the digital transformation market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by need to enhance operational efficiency, increasing penetration of IoT and adoption of cloud service, and increasing focus on providing omnichannel experience.
The digital transformation market analysis includes the technology segments and geographic landscape.

The digital transformation market is segmented as below:
By Technology
• IoT
• Cloud computing
• Big data
• AI

By Geographical Landscape
• North America
• Europe
• South America
• Middle East and Africa

This study identifies the increasing technology partnerships in retail sector as one of the prime reasons driving the digital transformation market growth during the next few years. Also, increasing use of analytics and the growth of m-commerce will lead to sizable demand in the market.

The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the digital transformation market covers the following areas:
• Digital transformation market sizing
• Digital transformation market forecast
• Digital transformation market industry analysis

This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading digital transformation market vendors that include Alibaba Group Holding Ltd., Accenture Plc, Alphabet Inc., Inc., American Software Inc., Capgemini Service SAS, Daisy Intelligence Corp., DXC Technology Co., Element AI Inc., Inc., Hewlett Packard Enterprise Co., International Business Machines Corp., Infosys Ltd., Intel Corp., Marxent Labs LLC, Microsoft Corp., Oracle Corp., Salesforce Inc., SAP SE, and Tata Consultancy Services Ltd.. Also, the digital transformation market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio’s market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Read the full report:

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