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Digital Transformation Market Worth 493.39 Billion USD by 2022
  • USA - English


News provided by

MarketsandMarkets

20 Sep, 2017, 19:00 IST

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PUNE, India, September 20, 2017 /PRNewswire/ --

According to a new market research report "Digital Transformation Market by Component (Solution (Cloud Computing, Big Data & Analytics, Mobility, Disruptive Technologies, and Social Media) and Service), End User, Deployment Type (On-premise and Cloud), Vertical, and Region - Global Forecast to 2022", published by MarketsandMarkets™, the market is projected to grow from USD 205.99 Billion in 2017 to USD 493.39 Billion by 2022, at a CAGR of 19.1% from 2017 to 2022.

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Browse 61 Market Data Tables and 38 Figures spread through 133 Pages and in-depth TOC on "Digital Transformation Market"

http://www.marketsandmarkets.com/Market-Reports/digital-transformation-market-43010479.html

Early buyers will receive 10% customization on this report 

Based on component, the service segment is expected to witness the highest CAGR during the forecast period 

Based on component, the Digital Transformation Market has been segmented into solution and service. The service segment is expected to witness the highest growth rate during the forecast period due to the increasing need for professional services and system integration.

Based on deployment type, the cloud segment is expected to witness the highest CAGR during the forecast period 

Based on deployment type, the Digital Transformation Market has been segmented into on-premise and cloud. The cloud segment is expected to witness the highest growth rate during the forecast period. Cloud computing solution enables easy access to data and information from anywhere and anytime. It also involves pay per use, which is cost effective for an organization.

Ask for PDF Brochure @ http://www.marketsandmarkets.com/pdfdownload.asp?id=43010479  

Based on end user, the SMBs segment is projected to grow at the highest CAGR during the forecast period 

Based on end user, the SMBs (small & medium businesses) segment of the Digital Transformation Market is estimated to witness a higher growth rate than the enterprises segment during the forecast period. SMBs predominantly opt for SaaS-based digital transformation solutions as these solutions are cost-effective and require basic IT infrastructure.

Based on vertical, the education segment is expected to witness the highest CAGR during the forecast period 

Based on vertical, the education segment of the Digital Transformation Market is projected to grow at the highest rate in the coming years. The education vertical includes academic and research industries. Increasing demand for platform independent or cross-platform applications from the education vertical translates into huge growth opportunities for the digital transformation solution vendors.

North America is estimated to lead the Digital Transformation Market in 2017 

North America is estimated to lead the Digital Transformation Market in 2017. An early adopter of cloud technologies, the region has advanced infrastructure capabilities, which have helped in supporting the adoption of digital transformation solutions and services. Digital transformation requires a very agile and flexible IT support, which is present in the majority of companies in this region.

The report encompasses the competitive landscape, which presents the positioning of 25 key vendors of digital transformation solutions and services, based on their product offerings and business strategies. Some of the major solution and service vendors include Cognizant (US), SAP (Germany), Dell EMC (US), Microsoft (US), Adobe Systems (US), Accenture (Ireland), Capgemini (France), IBM (US), Oracle (US), Google (US), HPE (US), and CA Technologies (US).

Enquiry Before Buying @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=43010479

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Enterprise File Sharing and Synchronization (EFSS) Market by Application Types (Enterprise Storage & Backup, Cloud Virtualization, Document Collaboration, Content Management and Enterprise Mobility), by Deployment Type (Hosted and On-Premises), by Vertical, by Region - Global Forecast to 2020

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About MarketsandMarkets™  

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.


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