Market Overview
Increasing applications of digital technology in various fields such
as science, communications and healthcare are anticipated to be a key
factor affecting the market globally. Governments around the world are
changing their preference towards utilizing digital services for several
functions such as communication, data storage and public relations.
Reducing scope of data degradation and ease in accessing are the
major factors boosting the significance of digital storage spaces. This
development is anticipated to further complement the growth of the
digital transformation market. Advancements in digital electronics
technology with expansion in major industries such as construction and
automotives are predicted to enhance the market growth over the forecast
period.
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For better customer experience and advancements in operational
procedures, companies are adopting digital transformation products.
Market Segmentation And Useful Insights
The worldwide digital transformation market is segmented on the basis
of verticals, businesses, end users, services, regions and
developments. Important market participants such as distributors,
manufacturers and service providers are dynamically making use of
digital technologies such as 3D printing, social media and cloud storage
for enhancing their business output.
The utilization of digital tools by marketers to increase the reach
of their clients is yet another major factor for market growth. Growing
demand for simpler user interfaces and enhanced access to technologies
have resulted in the development of optical computing systems and
augmented reality (AR) devices. Such technologies are being broadly used
in military applications, medical industrial designs and construction.
Increasing marketplace for AR devices like spatial augmented reality,
eyeglass and heads-up is likely to boost the demand for digital
transformation services. This is estimated to positively affect the
overall digital transformation market.
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Regional Outlook
North America is the chief regional market. Improved understanding
regarding digital transformation among leading business organizations
and increasing use of platforms for e-marketing are anticipated to have a
positive impact on the North American digital transformation market.
Firms in the region are keenly adopting e-technologies to promote their
businesses.
Rising demand for digital transformation services in Asia Pacific is
likely to complement the market in the region. The emerging growth of IT
& IT services in developing markets such as India and China coupled
with existence of key industry players in South Korea and Japan is
anticipated to develop the market in Asia Pacific.
Vital Participants
The vital participants of the digital transformation market are
Cognizant, Persistent Systems, Econsultancy, Capgemini Consultancy
Global, and Tata Consultancy Services.
Table of Contents
Executive Summary & Digital Transformation industry critical success factors
Industry Outlook
* Industry Dynamics
* Digital Transformation Market drivers
* Digital Transformation Market restraints
* Digital Transformation Key Market Opportunities
* Digital Transformation Porters Analysis
* Digital Transformation - PESTEL Analysis
* Digital Transformation - Company Market Share Analysis
Digital Transformation Application Outlook
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Digital Transformation Regional Outlook
Digital Transformation Company profiles
Research Methodology
* Research scope & assumptions
* List of data sources
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