2020 Study on Digital Transformation Markets, Technologies & Players

Dublin, May 07, 2020 (GLOBE NEWSWIRE) — The “Digital Transformation Market by Technology (IoT, Cloud, Big Data, AI), Process Transformation (Customer, Operation, Product, Workforce), End-use Industry (Retail, Healthcare, Manufacturing, Insurance), Industry Size – Global Forecast to 2025” report has been added to ResearchAndMarkets.com’s offering.The growth in the global digital transformation market is primarily driven by factors, such as perpetually growing internet users & smart devices, increasing technological advancements, and government initiatives towards digitization. Furthermore, untapped opportunities to increase sales efficiency, enterprises demand streamlining business process, and to take advantage of market dynamics are also contributing to the growth of the global digital transformation market.The study offers a comprehensive analysis of the global digital transformation market with respect to technology (IoT, cloud computing, big data analytics, artificial intelligence, cybersecurity, mobility solutions, AR/VR, robotic process automation, others), end-use industry (retail, government & public sector, healthcare, supply chain & logistics, utilities, manufacturing, insurance, IT & telecom, media & entertainment, banking & financial services, education, others), industry size (small & medium enterprises, large enterprises), process (customer transformation, operational transformation, product transformation, workforce transformation), and geography. The study also evaluates industry competitors and analyses the market at a country level.Furthermore, government initiatives supporting the adoption of advanced technologies such as AI and 5G technology and increasing demand to streamline business processes and facilitate informed business decision-making are further contributing to the growth of the market in this region. However, the Asia-Pacific region is projected to grow at the fastest CAGR during the forecast period from 2019 to 2025.Market Dynamics
DriversGovernment Initiatives & Policies Towards Digitization in Developing NationsLack of Skilled WorkforceGrowing E-Commerce Retail ChannelIncreasing Adoption of AI & Robotics in Manufacturing IndustriesRestraintsHigh Cost of TransformationLack of InfrastructureOpportunitiesIntegration of AR/VR for Enhancing Consumer ExperienceProliferation of Digital Transformation in Healthcare SectorUntapped Opportunities in Construction SectorChallengesLack of Overall Digital StrategyLack of Thought Leadership in Driving Digital TransformationTrendsRising Focus on BlockchainAdoption of 5G TechnologyTechnological Advancements in Artificial Intelligence and Big Data & Analytics
Scope of the ReportInternet of ThingsCloud ComputingBig Data & AnalyticsArtificial IntelligenceCybersecurityMobility SolutionsAugmented Reality/Virtual RealityRobotic Process AutomationOthersMarket by End-Use IndustryRetailGovernment & Public SectorHealthcareSupply Chain & LogisticsUtilitiesManufacturingInsuranceIT & TelecomMedia & EntertainmentBanking & Financial ServicesEducationOthersMarket by Industry SizeSmall & Medium EnterprisesLarge EnterprisesMarket by ProcessCustomer transformationOperational TransformationProduct TransformationWorkforce TransformationMarket by GeographyNorth AmericaU.S.CanadaEuropeU.K.GermanyFranceItalySpainRest of EuropeAsia-PacificChinaIndiaJapanRest of Asia-PacificLatin AmericaMexicoArgentinaChileRoLATMMiddle East & AfricaKey Players Profiled
Accenture PLC (Ireland)Adobe Systems Inc. (U.S.)Capgemini (France)Cognex Corporation (U.S.)Cognizant (U.S.)Dell EMC (U.S.)Deloitte Touche Tohmatsu Ltd. (U.S.)Google (U.S.)Hakuna Matata SolutionsHewlett-Packard Company (U.S.)IBM Corporation (U.S.)Microsoft Corporation (U.S.)Oracle Corporation (U.S.)PricewaterhouseCoopers (PWC) (U.K.)SAP SE (Germany)ScienceSoft Inc.(U.S.)Siemens AG (Germany)Space-O Technologies (India).SumatoSoft (U.S.)For more information about this report visit https://www.researchandmarkets.com/r/urs4x3Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.CONTACT: ResearchAndMarkets.com
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