Digital Business Transformation Market Trends, Business Overview, Industry Growth and Forecast to 2028

The global digital transformation market was valued at USD 998 billion in 2020 and is expected to reach a value of USD 2744 billion by 2021, at a CAGR of 17% during the forecast period of 2022-2028.

With the advent of industry 4.0 in the manufacturing industry, various plants are adopting digital technologies to enhance, automate, and modernize the whole process. The integration of different digital transformation technologies, such as the internet of things (IoT), are significantly becoming prevalent, as it provides exceptional benefits. Also, Digital transformation helps organizations in improving their brand’s reputation, customer experience, and customer retention ratios through the implementation of the software. Digitally transformed organizations can adapt to the evolving technological landscape and can tackle sudden shifts in the industry.

 

Key Players

Capgemini
HCL Technologies
HGS
IBM
Oracle
Google

 

By Type

Cloud
On-Premise

 

By Application

BFSI
Healthcare
Education
Retail
IT and Telecom
Logistics and Transportation
Manufacturing
Others

 

Scope of the Report

The research study analyses the Digital Business Transformation Market   from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis

o Import and Export Overview

o Volume Analysis

o Current Market Trends and Future Outlook

o Market Opportunistic and Attractive Investment Segment

 

Geographic Coverage 

o North America Market Size and/or Volume

o Latin America Market Size and/or Volume

o Europe Market Size and/or Volume

o Asia-Pacific Market Size and/or Volume

o Rest of the world Market Size and/or Volume

 

Key Questions Answered by Digital Business Transformation Market  Report

What was the Digital Business Transformation Market    size in 2020 and 2021; what are the estimated growth trends and market forecast (2022-2028).

What will be the CAGR of the Digital Business Transformation Market during the forecast period (2022-2028)?

Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2022-2028).

Which manufacturer/vendor/players in the Digital Business Transformation Market was the market leader in 2021?

Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.