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Digital Transformation Market to Hit USD 2738 Billion by 2030 due to Increasing Emphasis on Data-Driven Insights | Research by SNS Insider

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Pune, June 15, 2023 (GLOBE NEWSWIRE) — “According to a report from SNS Insider, the Digital Transformation Market had a valuation of USD 596 billion in 2022. The report predicts that the market is projected to reach USD 2738 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 21% during the forecast period of 2023-2030.”

Market Overview

Digital transformation refers to the integration of digital technologies into various aspects of an organization’s operations, processes, and strategies to fundamentally change how it operates and delivers value to its customers. It involves leveraging technology to optimize business processes, enhance customer experiences, improve efficiency, and drive innovation.

Market Analysis

The digital transformation market is driven by a combination of technological advancements, changing customer expectations, competitive pressures, evolving business models, operational efficiency, data-driven insights, regulatory requirements, employee empowerment, business resilience, and sustainability. By leveraging these drivers, organizations can unlock new opportunities, drive innovation, and thrive in the digital age.

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Do you need any customization research study on Digital Transformation Market, make an Enquiry Now@ https://www.snsinsider.com/enquiry/2834

Key Company Profiles Listed in this Report Are:

  • IBM Corporation
  • Salesforce, Inc
  • Microsoft Corporation
  • Apple, Inc
  • SAP SE
  • Adobe
  • Yash Technologies
  • Alibaba
  • Amamzon.com, Inc
  • Cisco Systems, Inc & Others

Impact of Recession on Digital Transformation Market Growth

While recessions pose challenges for the digital transformation market, they also present opportunities for businesses to rethink their strategies, optimize costs, and embrace agility. Although some organizations may delay their digital transformation efforts due to financial constraints, others may view digitalization as a crucial survival strategy.

Impact of Russia-Ukraine War

The Russia-Ukraine war has had a multifaceted impact on the digital transformation market. While it has disrupted supply chains and investment patterns, it has also heightened cybersecurity concerns and led to changes in digital policies. However, it has also created opportunities for increased demand, collaboration, and innovation.

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Digital Transformation Market Report Scope:

Report Attributes Details
Market Size in 2022  US$ 596 Bn
Market Size by 2030  US$ 2738 Bn
CAGR   CAGR of 21% From 2023 to 2030
Base Year  2022
Forecast Period  2023-2030
Historical Data  2020-2021
Digital Transformation Market: Key Segmentation • By Technology (Cloud Computing, Big Data and Analytics, Cybersecurity, Artificial Intelligence (AI), Internet of Things (IoT), Blockchain)
• By Enterprise Type (Large Enterprises, Small & Medium Enterprises (SMEs))
• By Deployment (On-Premise, Cloud)
• By Industry (Manufacturing, Banking, Healthcare, Government, Transportation, Others)
Key Regional Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea, China, India, Australia, Rest of Asia-Pacific), The Middle East & Africa (Israel, UAE, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)

Impact of COVID-19 Pandemic

The COVID-19 pandemic has undoubtedly left an indelible mark on the digital transformation market. The crisis served as a wake-up call for businesses, urging them to accelerate their digital strategies and embrace innovative technologies. The demand for digital transformation solutions skyrocketed as companies sought to ensure business continuity, adapt to remote work models, and cater to changing consumer behaviors.

Get a Sample Report of Digital Transformation Market@ https://www.snsinsider.com/sample-request/2834

Key Regional Developments

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Among the region’s leading this transformative shift, North America stands out as a dominant force in the digital transformation market. With its robust technological infrastructure, innovative mindset, and supportive ecosystem, North America is poised to lead the way in shaping the future of digital transformation. North America boasts a highly advanced technological infrastructure, providing a solid foundation for digital transformation initiatives.

Key Takeaway from Digital Transformation Market Study

  • The cloud computing segment is set to maintain its dominance in the market, empowering businesses to thrive in the ever-evolving digital landscape. Organizations leveraging cloud computing gain a competitive edge by rapidly adapting to market dynamics, optimizing costs, fostering collaboration, and unlocking the power of data analytics.
  • Within the global landscape, large enterprises are poised to dominate the market, leveraging their resources, scale, and strategic vision to drive transformative change. Large enterprises have the advantage of significant financial resources, enabling them to invest in cutting-edge technologies and digital initiatives.

Recent Developments Related to Digital Transformation Market

  • Qualcomm, the renowned technology company known for its cutting-edge solutions, has recently introduced an exceptional video collaboration platform suite. This comprehensive suite aims to revolutionize the digital landscape by enabling seamless digital transformation in both homes and enterprises.
  • LzLabs GmbH, a leading software company specializing in mainframe modernization, and Huawei, a global technology leader, have joined forces to introduce the Core Joint Collaboration Initiative. This groundbreaking collaboration aims to support organizations worldwide in their digital transformation journeys by providing innovative solutions and services.

Buy Now Single-User PDF of Digital Transformation Market Report@ https://www.snsinsider.com/checkout/2834

Table of Contents

1. Introduction

2. Research Methodology

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3. Market Dynamics

4. Impact Analysis

4.1 COVID 19 Impact Analysis

4.2 Impact of the Ukraine- Russia war

5. Value Chain Analysis

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6. Porter’s 5 forces model

7. PEST Analysis

8. Global Digital Transformation Market Segmentation, by Technology

9. Global Digital Transformation Market Segmentation, by Enterprise Type

10. Global Digital Transformation Market Segmentation, by Deployment

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11. Global Digital Transformation Market Segmentation, by Industry

12. Regional Analysis

13. Company profile

14. Competitive Landscape

15. Used Cases and Best Practices

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16. Conclusion

Read More Latest Information & Communication Technology Related Market Report Here.

About Us:

SNS Insider is one of the leading market research and consulting agencies that dominate the market research industry globally. Our company’s aim is to give clients the knowledge they require in order to function in changing circumstances. In order to give you current, accurate market data, consumer insights, and opinions so that you can make decisions with confidence, we employ a variety of techniques, including surveys, video talks, and focus groups around the world.

Access Complete Report Details@ https://www.snsinsider.com/reports/digital-transformation-market-2834

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Artificial Intelligence

TeraBox Celebrates 2nd Anniversary of Its Massively Popular Referral Program

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Continuously expanding webmaster signups, especially in multiple regions, along with new highs in webmaster payouts, has ensured the smooth operation and continuous development of the project.
TOKYO, Sept. 21, 2024 /PRNewswire/ — TeraBox (“TeraBox” or “the Company”), a globally trusted cloud storage service headquartered in Tokyo, recently celebrated the second anniversary of its hugely popular Referral Program, a testament to the smooth operation and continuous development of the project. The number of webmaster signups, including in multiple new regions, continued to increase steadily with webmaster payouts reaching new highs.

TeraBox reveals some of its impressive Referral Program data.
TeraBox’s total number of webmasters worldwide reached over one million.The highest daily income of webmasters reached over $10,000, with the top earner making nearly $180,000.The total number of shares by all webmasters exceeds 500 million.The network of webmasters spans across the globe, including countries such as India, Indonesia, the United States, Latin America, Middle East, and South Korea. Moreover, as TeraBox’s influence continues to grow, the platform is excited to welcome many new webmasters from an expanding range of countries and regions.
TeraBox has achieved significant milestones, demonstrating its sustainable growth and increasing user impact. The journey started with the Webmaster Center launch in August 2022. Following this, several optimizations were implemented, including a self-withdrawal feature that simplified earnings management for webmasters and increased their engagement. Additionally, the Growth Analysis tool provided webmasters with valuable insights into their operational performance, enabling more effective decision-making.
As a result of these enhancements, both the number of participating webmasters and their earnings have seen remarkable increases. Looking ahead, the upcoming launch of the Webmaster App in September 2024 is set to further elevate user engagement and convenience, solidifying TeraBox’s position as an industry leader.
About TeraBox
TeraBox, developed by Flextech Inc. in Japan, is a leading global cloud storage solution. Headquartered in Tokyo, TeraBox proudly serves over 320 million users globally, providing an easy yet powerful way to store and manage data. With its generous 1TB of free storage, TeraBox ensures that your files are safe, secure, and accessible from anywhere. As a secure, reliable, and convenient service, TeraBox is certified with ISO 27001, ISO 27701, and ISO 27018, offering individual users around the world the opportunity to register for 1TB (1024GB) of free storage.
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Huawei Cloud: One Step to Intelligence, One Leap to Excellence

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SHANGHAI, Sept. 20, 2024 /PRNewswire/ — During HUAWEI CONNECT 2024, Huawei Cloud hosted a Summit themed “One Step to Intelligence, One Leap to Excellence”, gathering global industry leaders to explore the intelligent transformation trend, share pioneering cases, and assist customers in their journey to cloud-based operational excellence. At the summit, Huawei Cloud and global customers, unveiled the Data Center-to-Cloud solution and the PRIME Framework white paper.

Jacqueline Shi, President of Huawei Cloud Global Marketing and Sales Service, said: “Customers’ support enables us to innovate with finance, retail, autonomous driving, the Internet and many other sectors. By combining cutting-edge technologies with industry know-how, Huawei Cloud paves your way to digital and intelligence.”
Kevin Gao, President of Huawei Cloud Public Cloud Business, presented a keynote speech “One Step to Intelligence, One Leap to Excellence”. He outlined three critical factors for accelerating cloud migration and AI use: global infrastructure, continuous technological innovation, and lean operations.
In terms of global infrastructure, Huawei Cloud’s global infrastructure, KooVerse, offers extensive coverage, exceptional experience, and excellent quality. With 33 Regions and 93 Availability Zones (AZs) worldwide, Huawei Cloud supports over 10,000 customers in achieving business globalization. Huawei Cloud has interconnected with over 2,400 peers of global carriers, ensuring one hop to cloud and global business deployment for customers. Huawei Cloud data centers achieve Tier IV reliability.
Technological innovation is at the heart of Huawei Cloud’s mission to accelerate enterprise transformation. At this summit, three key areas were highlighted: compute upgrade, data-AI convergence, and application innovation.
The Data Center-to-Cloud solution released by Gao offers data center facilities, intelligent O&M, and DCN as a service, allowing customers to easily relocate and run dedicated compute resources on Huawei Cloud.
Huawei Cloud’s Ascend AI Cloud Service enables training jobs to run non-stop up to 40 days, shortens the fault recovery time to 10 minutes, and increases the linear scalability to 90% (the industry average are 2.8 days, 60 minutes, and 80%, respectively).
Huawei Cloud’s deterministic operations system has been adopted by over 300 global customers, maintaining a strong security record with zero intrusions and zero data breaches. 
DeFacto from Türkiye leverages Huawei Cloud’s cloud native solution with Cloud Container Engine (CCE) and streamlines their services.
Huawei Cloud helps Chery to deploy, use, and manage the cloud. Currently, Huawei Cloud nodes in more than 10 countries and regions are providing services for Chery.
NavInfo has adopted Huawei Cloud’s R&D expertise and CodeArts software development pipeline to establish efficient development management standards and efficiency measurement systems.
Kingsoft and Huawei Cloud have collaboratively developed an excellence framework to optimize cost management.
Tencent Music’s Tianqin Lab has developed the MUSELight AI model acceleration framework, utilizing Huawei Cloud’s Ascend AI Cloud Service.
At the end of the summit, Huawei Cloud and global customers jointly released the Enterprise Excellence PRIME Model White Paper. This white paper offers a reference framework for enterprises to leap to excellence with digital and intelligent technologies.
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Autonomous Mobile Robots (AMR) Market to cross $10 Billion TAM with around 500K AMRs shipment by 2030 – LogisticsIQ

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NEW DELHI, Sept. 20, 2024 /PRNewswire/ — The global Autonomous Mobile Robots (AMRs) market is poised for significant growth, driven by increasing demand for automation across various sectors, including logistics, manufacturing, and healthcare. According to the latest market research by LogisticsIQ (5th Edition), Autonomous Mobile Robots (AMR) Market to cross $10 Billion TAM by 2030 with a CAGR of ~30% between 2024 and 2030. We expect the installed base of AMRs to reach 2 million units in 2030.

Download a Free Sample of our report on Autonomous Mobile Robots Market
Key Market Drivers
Increased Efficiency: Businesses are rapidly adopting AMRs to enhance operational efficiency, reduce labour costs, and streamline workflows.Labor Shortages: The ongoing labour shortages in various industries have accelerated the need for automated solutions, making AMRs a crucial investment for companies.Technological Advancements: Innovations in artificial intelligence (AI), machine learning, and sensor technology are making AMRs more capable and reliable.Growing E-Commerce: The rise of e-commerce has created a demand for efficient warehouse management solutions, further boosting the AMR market.Regional Insights
North America leads the AMR market, accounting for the largest share due to the early adoption of automation technologies. Meanwhile, the Asia-Pacific region, especially China is expected to witness the fastest growth, fuelled by rapid industrialization and increasing investments in smart factories. US and China are going to contribute ~40% of this market by 2030.
Industry Applications
Autonomous mobile robots are being utilized in various applications, including:
Warehouse Automation: AMRs enhance inventory management and order fulfillment processes. This industry is expected to lead with more than 75% share by 2030.Manufacturing: Robots facilitate material handling and assembly line operations. Traditionally, it has been dominated by AGVs but are getting replaced by AMRs due to more flexibility and scalability features.Healthcare: AMRs assist in transporting medical supplies, improving patient care and operational efficiency. It is a niche market but high growing area to focus further.Purchase the full report on the Autonomous Mobile Robots Market – Growth, Trends, and Forecast
Top Factors & Challenges in the Autonomous Mobile Robots Market
Top Factors Driving Growth
Increased Demand for Automation: Businesses across industries are increasingly seeking automation to enhance efficiency and reduce operational costs.Technological Advancements: Innovations in AI, machine learning, and sensor technologies improve the capabilities and reliability of AMRs, making them more attractive to businesses.Labor Shortages: Ongoing labour shortages, especially in sectors like logistics and manufacturing, are pushing companies to adopt AMRs to maintain productivity.Growth of E-Commerce: The surge in online shopping requires efficient warehouse and logistics solutions, driving the adoption of AMRs for inventory management and order fulfillment.Improved Safety Standards: AMRs can reduce workplace accidents by taking over hazardous tasks, leading to safer working environments.Customization and Scalability: Many AMR solutions offer customizable features that allow businesses to scale operations according to their specific needs.Top Challenges
High Initial Costs: The upfront investment for AMRs can be substantial, which may deter smaller businesses from adoption.Integration with Existing Systems: Integrating AMRs into current operational workflows and legacy systems can be complex and resource-intensive.Regulatory Compliance: Navigating regulatory requirements and safety standards can pose challenges, especially in highly regulated industries.Limited Awareness and Understanding: Some businesses may lack knowledge about AMR technology and its potential benefits, hindering adoption.Technical Limitations: While technology is advancing, AMRs may still struggle with navigating complex environments or handling unexpected obstacles.Cybersecurity Concerns: As AMRs become more connected, they may be vulnerable to cybersecurity threats, requiring robust security measures.Know more about Autonomous Mobile Robots Market – Top Players, Cost Analysis, Competition, and Customer Expectation
What will you get in this report?
500 Pages and 160+ Exhibits Market ReportRevenue and Shipment data segmented:By form factor (Deck-load, Tugger/Pull, Forklift)By Navigation (Tape/Wire/Magnet, Reflector, QR Codes, LiDAR, Camera, Sensor, Fusion)By Function (Goods to person (G2P), Person to Goods (P2G), Conveying, Piece picking, Towing, Pallet Handling)By Application (Manufacturing, Logistics and Warehousing, Shipping, Delivery, Cleaning, Security, Hospital, Retail)Detailed excel file with 150+ market tables (Revenue and Shipment) including forecast till 2030A bottom-up analysis of Autonomous Mobile Robots Market for 19 countries (United States, Canada, Germany, UK, France, Italy, Spain, Nordics, China, Japan, South Korea, Australia, India, Taiwan, Thailand, Malaysia, Singapore, Indonesia, Phillippines) in 5 regionsIn-depth analysis of 700 companies in the ecosystem with more than 160 company profiles.Focus Group Discussion with 100+ key industry stakeholders across the value chain to collect the first-hand information to validate our analysis. Stakeholders include components and technology providers, system integrators, robot manufacturers (OEM/ODM), robotic software & service providers, and end-user industry verticals. Apart this, study also focuses on different components and integral parts of Autonomous Mobile Robots like Motion Control, Batteries & Chargers, Cameras / Vision Sensor, LiDAR, Sensor Fusion, QR Code and Wireless Communication.2 Analyst Sessions to brainstorm furtherInvestment details excel file with 175+ M&A and ~1000 funding dealsLogisticsIQ™ Exclusive Market Map (700+ Players across more than 15 categories)About LogisticsIQ
LogisticsIQ is a dedicated market research and advisory firm in Logistics & Supply Chain sector, empowering decision makers from top fortune 1000 companies, financial and research institutions, private equity and high potential start-ups with market insights to make better decisions. We enable this by analysing the right mix of the best data, the best research methodologies, and the best industry panel to deliver value to our clients.
Media Contact
Name: Sunny M.Email: [email protected]: +91-952-918-4938 
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