ALL >> Technology,-Gadget-and-Science >> View Article
Digital Transformation Market Growth, Type And Application Trends Forecast 2019 – 2025
According to BlueWeave Consulting, the Global Digital Transformation Market is expected to grow with a significant rate during the forecast period 2019-2025, due to its better applications such as proficient of implanting intelligence into business manoeuvres to facilitate improved and more effective customer engagements.
The major factor driving the market is the rise independence of the retail, BFSI, and automotive sectors on IoT-based products & solutions. Furthermore, with the advent of AI and machine learning and rapid deployment of IoT and connected infrastructure will accelerate the growth of the Digital Transformation market.
Moreover, increasing solicitations of digital transformation in organizations for mitigating risks and handling disruption like corporate restructuring, marketplace fluctuation, and the geopolitical environment will contribute to digital transformation market growth during the forecast period.
Also, augmentation in the application of digital transformation in enterprises for enhancing their brand’s reputation, rising customer experience and retention ratios through the enactment of software which helps the organizations in instructing and exercise their internal teams about several aspects.
Request For The Sample Of This Report:
Artificial Intelligence Technology of Digital Transformation Market is projected to be the leading segment of the overall market during the forecast period
On the basis of Technology, the Digital Transformation market has been segmented into Cloud Computing, Big Data & Analytics, Mobility/Social Media, Cyber security and Artificial Intelligence. Artificial Intelligence segment dominates the global Digital Transformation Market owing to its technologies such as natural language processing, machine learning, and expert systems. Cloud Computing is driven by its features like with low initial investment help in enhancing IT capabilities.
The hosted segment of Digital Transformation Market is anticipated to be the dominating segment of the overall market during the forecast period
On the basis of Deployment, the Digital Transformation market has been categorized into Hosted and On-premise. The hosted segment will lead the market owing to its features like a less initial investment, Accessible anywhere anytime and very secure data center. On-premise is driven by its features like improving visibility and facilitating better decision-making, efficiency, and services.
Healthcare is projected to lead the industry for utilizing applications of the Digital Transformation during the forecast period
On the basis of End-User Industry, the Digital Transformation market has been segmented into BFSI, Telecom, Healthcare, Utility, Retail, Automotive, ICT, and Others. By End-User Industry, Healthcare will lead the market owing to the speedily rising customers has headed to the requirement of accessible business models to facilitate efficient handling of patients. BFSI will influence by its help in mitigating risks associated with costs and facilitate the implementation of new business strategies.
North America accounts for the lion’s share of the global Digital Transformation market during the anticipated period.
On the basis of region, the Digital Transformation market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. North America dominates the global digital transformation market over the forecast period due to early adoption of digital transformation, technological advancement and increasing investment in R&D activities for the development of new technologies. Europe market will drive by higher industrial penetration, and availability of capital is enabling companies to invest in new technology, and the focus on the automotive sector.
Global Digital Transformation Market Competitive Landscape
Companies such as SAP SE, IBM Corporation, Oracle Corporation, Google Inc., Dell EMC, Hewlett Packard Enterprise Co., CA Technologies, Microsoft Corporation, Adobe Systems Incorporated, Accenture PLC, Capgemini Group, Apple Inc., Siemens AG, Cognex Corporation, and Kellton Tech Solutions Ltd., are the key players in the global Digital Transformation market.
The in-depth analysis of the report provides the growth potential, upcoming trends and statistics of Global Digital Transformation Market size & forecast. The report promises to provide state-of-the-art technology of Digital Transformation production and industry insights which help decision makers to take sound strategic decisions. Furthermore, the report also analyzes the market drivers and challenges and competitive analysis of the market.
Request For Table Of Content:
BlueWeave Consulting is a one-stop solution for market intelligences regarding various products and services online & offline. We offer worldwide market research reports by analyzing both qualitative and quantitative data to boost up the performance of your business solution. Our primary forte lies in publishing more than 100 research reports annually. We have a seasoned team of analysts working only for various sub-domains like Chemical and Materials, Information Technology, Telecommunication, Medical Devices/Equipment, Healthcare, Automotive and many more. BlueWeave has built its reputation from the scratches by delivering quality performance and nourishing the long-lasting relationships with its clients for years. We are one of the leading market intelligence generation company delivering unique solutions for blooming your business and making the morning, more rising & shining.
Global Contact: +1 866 658 6826
Technology, Gadget and Science Articles1. The Ultimate Guide To Latest Tech News Today
2. Tips For Successful Ecommerce Web Development
Author: Cameron McCaughey
3. Some Things To Know About Business Voip Phone Service
Author: Lee Wood
4. The Importance Of Commercial Refrigeration Maintenance
5. Instagram Creators Now Have A Chance To Get Paid
Author: Aida Martin
6. Top 5 Tips For Diy Creative Baby Photography
Author: Gaurav Bansal
7. Fiber Laser Systems For Material Processing
8. What Is The Requirement Of Pos Billing Software In Supermarkets?
Author: Sukriti Sinha
9. Less Known Methods To Reduce Software Development Cost
Author: Cameron McCaughey
10. What Are The Benefits Of Mobile App Development To Your Business?
Author: Soumya Banerjee
11. Differences Between Vps Hosting And Cloud Server Hosting
Author: Paul Adam
12. Add Hbo Backgrounds Of Westworld And Game Of Thrones To Your Zoom Calls
Author: Aida Martin
13. Useful Tools For Successful Laravel Development
Author: Jonathan Paul
14. 5g Uploads By Verizon Is A Great News For Gaming, Social Media Video & Zoom Calls
Author: Aida Martin
15. Significant Benefits Of Allied Health Practice Management Software
Author: Renato Parletta