조사회사 : MarketsandMarkets (마켓츠앤마켓츠) 출판년월 : 2024년08월
Digital Transformation Market – Global Forecast To 2030
디지털 트랜스포메이션 시장 – 비즈니스 변화(프로세스, 모델, 도메인), 기술(클라우드 컴퓨팅, AI, 빅 데이터 분석(예측, 규범), 블록체인, 사이버 보안(네트워크, 클라우드 보안), IoT, RPA) – 2030년까지의 세계 예측
Digital Transformation Market by Business Transformation (Process, Model, Domain), Technology (Cloud Computing, AI, Big Data Analytics (Predictive, Prescriptive), Blockchain, Cybersecurity (Network, Cloud Security), IoT, RPA) – Global Forecast to 2030
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Report Overview
The digital transformation market is projected to grow from USD 911.2 billion in 2024 to USD 3,289.4 billion by 2030, at a compound annual growth rate (CAGR) of 23.9% during the forecast period.
디지털 트랜스포메이션 시장은 2024년 9,112억 달러에서 2030년까지 3조 2,894억 달러로 성장할 것으로 예측되며, 예측 기간 중 연간 평균 성장률(CAGR)은 23.9%입니다.
Market is anticipated to grow due to the availability of customizable cloud solutions for industry-specific needs, predictive maintenance with IoT sensors, and digital payment systems & fintech innovations.
“The Impact of Customized Solutions on System Integration and Implementation Growth”
The market for system integration and implementation is poised to grow during the forecast period, driven by increasing complexity in the IT environment and rising demand for seamless connectivity across multiple platforms. As organizations pursue digital transformation, they have made significant investments in integrating different technologies like cloud computing, IoT, AI into their existing systems. The rising uptake of hybrid IT infrastructures coupled with demands for customized solutions are also fueling market expansion. Further system integrators are finding new openings related to automation trends and a shift towards cloud-native architectures which enables them offer niche services that allow them to sustain this momentum.
“BFSI Sector Leads Digital Transformation with AI, Blockchain, and Cloud Adoption”
During the forecast period, business, finance, services and insurance (BFSI) vertical is expected to have largest market share in digital transformation market due to rising requirements for improved customer experience, effectiveness in operations and adherence to regulations. Financial institutions have embraced AI, blockchain technology and cloud computing systems to simplify their processes, lower costs and tailor services on an individual basis. The market is expanding as a result of digital banking sector development, emergence of fintech’s and move towards cashless economies. The increasing need for superior cybersecurity solutions and data analytics for risk management purposes as well as compliance reasons are opening doors for new entrants making BFSI one of the key drivers in the landscape of digital transformation growth.
“By Region, Asia Pacific is slated to grow at the fastest rate and North America to have the largest market share during the forecast period.”
During the forecast period, the Asia-Pacific region is emerging as the fastest-growing market for digital transformation. Asia-Pacific region is growing very fast because of rapid economic development, increasing digital infrastructure and a booming technology ecosystem. The rise of e-commerce, mobile technology adoption and government initiatives on digitalization are some of the main factors driving this growth. Digital technologies such as AI, IoT, cloud computing have been adopted extensively in these countries to improve business operations and customer experience. on the other hand, North America region will have largest market share because it has advanced technological infrastructure, high rates of adoption for digital solutions and a strong emphasis on innovation. Consequently, the region’s well-established finance and technology sectors result in huge investments done towards digital transformation programs. Alongside that regulatory frameworks plus high levels of digital literacy among business people and consumers help keep its leading position in market share.
Breakdown of primaries
In-depth interviews were conducted with Chief Executive Officers (CEOs), innovation and technology directors, system integrators, and executives from various key organizations operating in the Digital transformation market.
- By Company: Tier I – 35%, Tier II – 45%, and Tier III – 20%
- By Designation: C-Level Executives – 35%, D-Level Executives – 25%, and others – 40%
- By Region: North America – 30%, Europe – 30%, Asia Pacific – 25%, Middle East & Africa – 10%, and Latin America – 5%
The report includes the study of key players offering Digital transformation solutions and services. It profiles major vendors in the Digital transformation market. The major players in the Digital transformation market include Microsoft (US), IBM (US), SAP (Germany), Oracle (US), Google (US), Salesforce (US). HPE (US), Adobe (US), AWS (US), HCL Technologies (US), EY (UK), Cognizant (US), Accenture (Ireland), Broadcom (US), Equinix (US), Alibaba Cloud (US), Baidu (China), Cisco (US), eMudhra (India), Happiest Minds (India), Budibase (Ireland), ElcrtoNeek (US), Aixira.ai (US), Matterway (Germany), Laiye (China), KissFlow (India), Orby AI (US), ProcessMaker (US), Process Street (US), Infinitus Systems (US), Scoro (UK), Alcor Solution (US), SmartStream (UK), Cloud Angles (US), Magnetar IT (US), Scitara (US), Intrinsic (US), Dempton Consulting Group (Canada), Brillio (US), Aexonic Technologies (US), TIBCO software (US), Marlabs (US), Agicent (US), Software AG (Germany), Genpact (US), Deloitte (UK), Twilio (US), Kyndryl (US), Veritis (US) and ScienceSoft (US).
Research coverage
This research report categorizes the Digital transformation Market by Offering (Software and Services), Software By Type (Business process transformation, Business model transformation, Business domain transformation and Culture/Organization transformation), Software By Deployment Mode (Cloud and On-premises), By Services (Professional Services [Training & Consulting services, System Integration & Implementation services, Application Modernization services and Support & Maintenance services] and Managed Services), By Technology (cloud computing, Artificial Intelligence, Big Data Analysis, Blockchain, Cybersecurity, Internet of Things and Robotics Process Automation), By Business Function (Accounting & Finance, IT & Operations, Human Resource, Marketing & sales and R&D), By Vertical (Media & Entertainment, BFSI, Healthcare Life Sciences & Pharmaceuticals, Manufacturing, Retail & Ecommerce, Transportation & Logistics, Education, Energy & Utilities, Government & Defense, IT & ITeS, Telecommunications, and Other Verticals[Travel & Hospitality, Agriculture and Construction & Real-estate]), and By Region (North America, Europe, Asia Pacific, Middle East & Africa, and Latin America). The scope of the report covers detailed information regarding the major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of the Digital transformation market. A detailed analysis of the key industry players has been done to provide insights into their business overview, solutions, and services; key strategies; contracts, partnerships, agreements, new product & service launches, mergers and acquisitions, and recent developments associated with the Digital transformation market. Competitive analysis of upcoming startups in the Digital transformation market ecosystem is covered in this report.
Key Benefits of Buying the Report
The report would provide the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall Digital transformation market and its subsegments. It would help stakeholders understand the competitive landscape and gain more insights better to position their business and plan suitable go-to-market strategies. It also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
- Analysis of key drivers (The increasing adoption of advanced technologies to address the rising customer expectations, The emergence of digital public infrastructure (DPI) and The need for improved operational efficiency and cost reduction), restraints (Evolving regional data regulations, Achieving seamless integration between various digital platforms and legacy systems and Implementation of cybersecurity to protect sensitive data in an increasingly connected digital ecosystem), opportunities (The looming advent of practical quantum computing, expansion of IoT devices & platforms driving the integration of connected technologies in industries and Adoption of blockchain technology for secure and transparent digital transactions), and challenges (Digital skill gap and shortage of adjacent technological resources, Lack of organizational change management strategy and Growing adoption of new tools and processes).
- Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the Digital transformation market.
- Market Development: Comprehensive information about lucrative markets – the report analyses the Digital transformation market across varied regions.
- Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the Digital transformation market.
- Competitive Assessment: In-depth assessment of market shares, growth strategies and service offerings of leading players like Microsoft (US), IBM (US), SAP (Germany), Oracle (US), Google (US), Salesforce (US). HPE (US), Adobe (US), AWS (US), HCL Technologies (US), EY (UK), Cognizant (US), Accenture (Ireland), Broadcom (US), Equinix (US), Alibaba Cloud (US), Baidu (China), Cisco (US), eMudhra (India) and Happiest Minds (India), Budibase (Ireland), ElcrtoNeek (US), Aixira.ai (US), Matterway (Germany), Laiye (China), KissFlow (India), Orby AI (US), ProcessMaker (US), Process Street (US), Infinitus Systems (US), Scoro (UK), Alcor Solution (US), SmartStream (UK), Cloud Angles (US), Magnetar IT (US), Scitara (US), Intrinsic (US), Dempton Consulting Group (Canada), Brillio (US), Aexonic Technologies (US), TIBCO software (US), Marlabs (US), Agicent (US), Software AG (Germany), Genpact (US), Deloitte (UK), Twilio (US), Kyndryl (US), Veritis (US) and ScienceSoft (US), among others in the Digital transformation market. The report also helps stakeholders understand the pulse of the Digital transformation market and provides them with information on key market drivers, restraints, challenges, and opportunities.
Table of Contents
1 INTRODUCTION 39
1.1 STUDY OBJECTIVES 39
1.2 MARKET DEFINITION 39
1.2.1 INCLUSIONS AND EXCLUSIONS 40
1.3 STUDY SCOPE 41
1.3.1 MARKET SEGMENTATION 41
1.3.2 YEARS CONSIDERED 42
1.4 CURRENCY CONSIDERED 42
1.5 STAKEHOLDERS 42
1.6 SUMMARY OF CHANGES 43
2 RESEARCH METHODOLOGY 45
2.1 RESEARCH DATA 45
2.1.1 SECONDARY DATA 46
2.1.2 PRIMARY DATA 46
2.1.2.1 Breakup of primary profiles 47
2.1.2.2 Key insights from industry experts 47
2.2 MARKET BREAKUP AND DATA TRIANGULATION 48
2.3 MARKET SIZE ESTIMATION 49
2.3.1 TOP-DOWN APPROACH 49
2.3.2 BOTTOM-UP APPROACH 50
2.4 MARKET FORECAST 53
2.5 RESEARCH ASSUMPTIONS 54
2.6 RESEARCH LIMITATIONS 56
3 EXECUTIVE SUMMARY 57
4 PREMIUM INSIGHTS 63
4.1 ATTRACTIVE OPPORTUNITIES FOR KEY PLAYERS IN DIGITAL TRANSFORMATION MARKET 63
4.2 DIGITAL TRANSFORMATION MARKET: TOP THREE TECHNOLOGIES 64
4.3 NORTH AMERICA: DIGITAL TRANSFORMATION MARKET, BY OFFERING AND VERTICAL 64
4.4 DIGITAL TRANSFORMATION MARKET, BY REGION 65
5 MARKET OVERVIEW AND INDUSTRY TRENDS 66
5.1 INTRODUCTION 66
5.2 MARKET DYNAMICS 66
5.2.1 DRIVERS 67
5.2.1.1 Increasing adoption of advanced technologies to address rising customer expectations 67
5.2.1.2 Emergence of Digital Public Infrastructure (DPI) 67
5.2.1.3 Need for improved operational efficiency and cost reduction 67
5.2.2 RESTRAINTS 68
5.2.2.1 Evolving regional data regulations to lead to time-consuming restructuring of predictive models 68
5.2.2.2 Achieving seamless integration between various digital platforms and legacy systems 68
5.2.2.3 Implementation of cybersecurity to protect sensitive data in increasingly connected digital ecosystem 68
5.2.3 OPPORTUNITIES 69
5.2.3.1 Looming advent of practical quantum computing 69
5.2.3.2 Expansion of IoT devices & platforms driving integration of connected technologies 69
5.2.3.3 Adoption of blockchain technology for secure and transparent digital transactions 70
5.2.4 CHALLENGES 70
5.2.4.1 Digital skill gap and shortage of adjacent technological resources 70
5.2.4.2 Lack of organizational change management strategy 71
5.2.4.3 Challenges regarding rapid adoption of new tools and processes 71
5.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS 72
5.4 PRICING ANALYSIS 72
5.4.1 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY TECHNOLOGY 73
5.4.2 INDICATIVE PRICING ANALYSIS, BY OFFERING 74
5.5 SUPPLY CHAIN ANALYSIS 75
5.6 IMPACT OF GENERATIVE AI ON DIGITAL TRANSFORMATION 76
5.6.1 TOP USE CASES & MARKET POTENTIAL 76
5.6.1.1 Key use cases 77
5.6.1.1.1 Automated code generation 77
5.6.1.1.2 Customer support chatbots 78
5.6.1.1.3 Predictive maintenance 78
5.6.1.1.4 Fraud detection & prevention 78
5.6.1.1.5 Product development & design 78
5.6.1.1.6 Automated content creation 78
5.7 ECOSYSTEM ANALYSIS 79
5.7.1 DIGITAL TRANSFORMATION SOFTWARE PROVIDERS 81
5.7.2 DIGITAL TRANSFORMATION SERVICE PROVIDERS 82
5.7.3 VALUE-ADDED SERVICE PROVIDERS 82
5.7.4 SYSTEM INTEGRATORS 82
5.7.5 END USERS 82
5.8 TECHNOLOGY ANALYSIS 82
5.8.1 KEY TECHNOLOGIES 83
5.8.1.1 Low-code/No-code development platforms 83
5.8.1.2 MLOps 83
5.8.1.3 NLP 83
5.8.2 COMPLEMENTARY TECHNOLOGIES 83
5.8.2.1 AR/VR 83
5.8.2.2 Edge computing 84
5.8.2.3 3D printing (additive manufacturing) 84
5.8.3 ADJACENT TECHNOLOGIES 84
5.8.3.1 Digital twin modeling 84
5.8.3.2 Quantum computing 85
5.8.3.3 API management platforms 85
5.9 PATENT ANALYSIS 85
5.9.1 METHODOLOGY 85
5.9.2 PATENTS FILED, BY DOCUMENT TYPE 86
5.9.3 INNOVATION AND PATENT APPLICATIONS 86
5.10 KEY CONFERENCES AND EVENTS, 2024–2025 90
5.11 REGULATORY LANDSCAPE 91
5.11.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 91
5.11.2 REGULATIONS, BY REGION 94
5.11.2.1 North America 94
5.11.2.1.1 US 94
5.11.2.1.2 Canada 94
5.11.2.2 Europe 94
5.11.2.3 Asia Pacific 95
5.11.2.3.1 Singapore 95
5.11.2.3.2 China 95
5.11.2.3.3 India 95
5.11.2.3.4 Japan 95
5.11.2.4 Middle East & Africa 96
5.11.2.4.1 UAE 96
5.11.2.4.2 KSA 96
5.11.2.4.3 South Africa 96
5.11.2.5 Latin America 96
5.11.2.5.1 Brazil 96
5.11.2.5.2 Mexico 96
5.12 PORTER’S FIVE FORCES ANALYSIS 97
5.12.1 THREAT OF NEW ENTRANTS 98
5.12.2 THREAT OF SUBSTITUTES 98
5.12.3 BARGAINING POWER OF SUPPLIERS 98
5.12.4 BARGAINING POWER OF BUYERS 98
5.12.5 INTENSITY OF COMPETITIVE RIVALRY 98
5.13 KEY STAKEHOLDERS AND BUYING CRITERIA 99
5.13.1 KEY STAKEHOLDERS IN BUYING PROCESS 99
5.13.2 BUYING CRITERIA 100
5.14 DIGITAL TRANSFORMATION MARKET: EVOLUTION 101
5.15 DIGITAL TRANSFORMATION MARKET TECHNOLOGY ROADMAP 102
5.16 BUSINESS MODELS OF DIGITAL TRANSFORMATION MARKET 104
5.17 DIGITAL TRANSFORMATION MARKET: MATURITY MODELS 105
5.18 INVESTMENT LANDSCAPE AND FUNDING SCENARIO 105
5.19 CASE STUDY ANALYSIS 106
5.19.1 BFSI 106
5.19.1.1 Cognizant’s AI and automation solution helped leading property and casualty insurance company improve insurance claims process 106
5.19.2 TELECOMMUNICATIONS 106
5.19.2.1 American TSP provider collaborated with HCL to personalize customer-centric approach and enhance experience in dynamic virtual ecosystem 106
5.19.3 RETAIL & ECOMMERCE 107
5.19.3.1 ASOS used Microsoft Azure ML service to reduce time-to-market for recommendation model 107
5.19.4 ENERGY & UTILITIES 107
5.19.4.1 Searcher Seismic made easy access in oil & gas industry with Cloudera solutions 107
5.19.5 HEALTHCARE & LIFE SCIENCES 108
5.19.5.1 Leading healthcare company adopted Cognizant’s AI-driven solution to identify drug-seeking behavior 108
5.19.6 MANUFACTURING 108
5.19.6.1 IBM helped Shenzhen CSOT boost production quality and output 108
5.19.7 MEDIA & ENTERTAINMENT 109
5.19.7.1 Leading media conglomerate redefined user experience through human-centric design with HCL’s digital transformation solution 109
6 DIGITAL TRANSFORMATION MARKET, BY OFFERING 110
6.1 INTRODUCTION 111
6.1.1 OFFERINGS: DIGITAL TRANSFORMATION MARKET DRIVERS 111
6.2 SOFTWARE 112
6.2.1 CYBERSECURITY SOFTWARE TO MAKE PROCESSES SMOOTHER, ENHANCE OPERATIONS, AND PROMOTE INNOVATION 112
6.2.2 SOFTWARE, BY TYPE 113
6.2.2.1 Business process transformation 115
6.2.2.2 Business model transformation 116
6.2.2.3 Business domain transformation 117
6.2.2.4 Culture/Organization transformation 118
6.2.3 SOFTWARE, BY DEPLOYMENT MODE 119
6.2.3.1 On-premises 120
6.2.3.2 Cloud 121
6.3 SERVICES 122
6.3.1 DIGITAL TRANSFORMATION SERVICES TO IDENTIFY INNOVATION POSSIBILITIES, EVALUATE TECHNOLOGY LANDSCAPE, AND DEVELOP CUSTOMIZED ROADMAPS 122
6.3.2 PROFESSIONAL SERVICES 124
6.3.2.1 Training & consulting 125
6.3.2.2 System integration & implementation 126
6.3.2.3 Support & maintenance 127
6.3.2.4 Application modernization 128
6.3.3 MANAGED SERVICES 129
7 DIGITAL TRANSFORMATION MARKET, BY TECHNOLOGY 131
7.1 INTRODUCTION 132
7.1.1 TECHNOLOGIES: DIGITAL TRANSFORMATION MARKET DRIVERS 132
7.2 CLOUD COMPUTING 134
7.2.1 CLOUD COMPUTING TO STORE, PROCESS, AND ANALYZE LARGE AMOUNTS OF DATA WITHOUT BEING CONFINED IN TRADITIONAL IN-HOUSE SYSTEM 134
7.2.2 PUBLIC CLOUD 135
7.2.3 PRIVATE CLOUD 135
7.2.4 HYBRID CLOUD 135
7.3 ARTIFICIAL INTELLIGENCE 136
7.3.1 ARTIFICIAL INTELLIGENCE TO HELP AUTOMATE REPETITIVE TASKS, USE STREAMLINED PROCESSES, AND MAKE INFORMED DECISIONS BASED ON DATA 136
7.3.2 NARROW AI 137
7.3.3 GENERAL PURPOSE AI 137
7.4 BIG DATA ANALYTICS 137
7.4.1 BIG DATA ANALYTICS TO SUPPORT REAL-TIME SURVEILLANCE, ANTICIPATE MARKET CHANGES, AND ANALYZE HISTORICAL RECORDS 137
7.4.2 DESCRIPTIVE ANALYTICS 138
7.4.3 DIAGNOSTIC ANALYTICS 139
7.4.4 PREDICTIVE ANALYTICS 139
7.4.5 PRESCRIPTIVE ANALYTICS 139
7.5 BLOCKCHAIN 140
7.5.1 BLOCKCHAIN TECHNOLOGY TO HELP IMPROVE OPERATIONS, INCREASE TRANSPARENCY, AND MAINTAIN DATA ACCURACY 140
7.5.2 PUBLIC BLOCKCHAIN 141
7.5.3 PRIVATE BLOCKCHAIN 141
7.5.4 HYBRID BLOCKCHAIN 141
7.5.5 CONSORTIUM BLOCKCHAIN 141
7.6 CYBERSECURITY 142
7.6.1 ADVANCED CYBERSECURITY MEASURES TO PREVENT UNAUTHORIZED ACCESS TO SYSTEMS, SAFEGUARD SENSITIVE DATA, AND ENSURE SYSTEM’S INTEGRITY 142
7.6.2 NETWORK SECURITY 143
7.6.3 APPLICATION SECURITY 143
7.6.4 CLOUD SECURITY 144
7.6.5 ENDPOINT & INTERNET OF THINGS (IOT) SECURITY 144
7.7 INTERNET OF THINGS (IOT) 144
7.7.1 NEED TO IMPROVE OPERATIONS BY REDUCING DOWNTIME, OPTIMIZING PROCESSES, AND ENHANCING RESOURCE MANAGEMENT TO PROPEL MARKET 144
7.7.2 INTERNET OF THINGS CONNECTIVITY MANAGEMENT PLATFORMS 146
7.7.3 INTERNET OF THINGS DEVICE MANAGEMENT PLATFORMS 146
7.7.4 INTERNET OF THINGS CLOUD PLATFORMS 146
7.7.5 INTERNET OF THINGS APPLICATION ENABLEMENT PLATFORMS 147
7.7.6 INTERNET OF THINGS ADVANCED ANALYTICS PLATFORMS 147
7.8 ROBOTICS PROCESS AUTOMATION 147
7.8.1 ROBOTIC PROCESS AUTOMATION TO INTEGRATE WITH EXISTING IT SYSTEMS AND OTHER ADVANCED TECHNOLOGIES 147
7.8.2 ATTENDED AUTOMATION 148
7.8.3 UNATTENDED AUTOMATION 149
7.8.4 HYBRID ROBOTIC PROCESS AUTOMATION 149
8 DIGITAL TRANSFORMATION MARKET, BY BUSINESS FUNCTION 150
8.1 INTRODUCTION 151
8.1.1 BUSINESS FUNCTIONS: DIGITAL TRANSFORMATION MARKET DRIVERS 151
8.2 ACCOUNTING & FINANCE 153
8.2.1 CLOUD COMPUTING INTEGRATION TO ENABLE ACCESS TO FINANCIAL DATA IN REAL-TIME, ENHANCE TEAMWORK, AND IMPROVE PRODUCTIVITY 153
8.3 IT & OPERATIONS 154
8.3.1 IT DEPARTMENTS TO REMOVE MANUAL BOTTLENECKS IN WORKFLOWS, REDUCE INCIDENTS, AND STRENGTHEN DATA GOVERNANCE BY SHIFTING TOWARD “DIGITAL FIRST” STRATEGY 154
8.4 HUMAN RESOURCES 155
8.4.1 HUMAN RESOURCES DEPARTMENTS TO UTILIZE DIGITAL PLATFORMS TO ENHANCE RECRUITMENT PROCEDURES, EMPLOYEE INVOLVEMENT, AND TALENT OVERSIGHT 155
8.5 MARKETING & SALES 156
8.5.1 INTEGRATING DIGITAL TECHNIQUES INTO OPERATIONS TO STREAMLINE WORKFLOWS, CONVERT PROSPECTS FASTER, AND BOOST REVENUES 156
8.6 RESEARCH & DEVELOPMENT 157
8.6.1 NEED TO REDUCE ENGINEERING HOURS, MINIMIZE REWORK AND FASTER TIME-TO-MARKET, AND IDENTIFY HIGH-VALUE DIGITAL USE CASES TO DRIVE MARKET 157
9 DIGITAL TRANSFORMATION MARKET, BY VERTICAL 159
9.1 INTRODUCTION 160
9.1.1 VERTICALS: DIGITAL TRANSFORMATION MARKET DRIVERS 160
9.2 BFSI 162
9.2.1 AUTOMATION TO REDUCE MANUAL WORK PROCESSES, BOOST PRODUCTIVITY, AND LOWER COSTS OF OPERATION 162
9.2.2 AUTOMATIC FRAUD DETECTION & PREVENTION 163
9.2.3 ASSET & INVESTMENT MANAGEMENT 163
9.2.4 AUTOMATED CUSTOMER SERVICE (CHATBOTS) 164
9.2.5 HYPER-PERSONALIZED FINANCIAL SERVICES 164
9.2.6 REGULATORY COMPLIANCE MONITORING 164
9.2.7 OTHER BANKING, FINANCIAL SERVICES, AND INSURANCE APPLICATIONS 165
9.3 RETAIL & ECOMMERCE 165
9.3.1 DIGITAL TRANSITION TO HELP CUSTOMERS INTERACT WITH BRANDS, IMPROVE CUSTOMER EXPERIENCES, AND OPTIMIZE OPERATIONS 165
9.3.2 PERSONALIZED PRODUCT RECOMMENDATIONS 166
9.3.3 CUSTOMER RELATIONSHIP MANAGEMENT 166
9.3.4 PAYMENT SERVICES MANAGEMENT 167
9.3.5 SELF-CHECKOUT SYSTEMS 167
9.3.6 OMNICHANNEL INTEGRATION 167
9.3.7 OTHER RETAIL & ECOMMERCE APPLICATIONS 168
9.4 IT & ITES 168
9.4.1 NEED TO IMPROVE USER EXPERIENCES, ESTABLISH NEW REVENUE STREAMS, AND SCALE UP SERVICES TO FOSTER MARKET GROWTH 168
9.4.2 AUTOMATED CODE GENERATION & OPTIMIZATION 169
9.4.3 AUTOMATED IT ASSET MANAGEMENT 170
9.4.4 IT TICKETING & SUPPORT AUTOMATION 170
9.4.5 INTELLIGENT DATA BACKUP & RECOVERY 170
9.4.6 AUTOMATED SOFTWARE TESTING & QUALITY ASSURANCE 171
9.4.7 OTHER IT & ITES APPLICATIONS 171
9.5 MEDIA & ENTERTAINMENT 171
9.5.1 ENHANCEMENT IN CONTENT CREATION & GENERATION AND NEED FOR PERSONALIZED ADVERTISEMENT TO PROPEL MARKET 171
9.5.2 CONTENT RECOMMENDATION SYSTEMS 172
9.5.3 CONTENT CREATION & GENERATION 173
9.5.4 CONTENT COPYRIGHT PROTECTION 173
9.5.5 AUDIENCE ENGAGEMENT & PERSONALIZATION 173
9.5.6 PERSONALIZED ADVERTISING 174
9.5.7 OTHER MEDIA & ENTERTAINMENT APPLICATIONS 174
9.6 MANUFACTURING 174
9.6.1 NEED TO OPTIMIZE PRODUCTION SCHEDULES, ALLOCATE RESOURCES BETTER, AND REDUCE TIME-TO-MARKET TO FOSTER MARKET GROWTH 174
9.6.2 PREDICTIVE MAINTENANCE & MACHINERY INSPECTION 175
9.6.3 PRODUCTION PLANNING 176
9.6.4 DEFECT DETECTION & PREVENTION 176
9.6.5 QUALITY CONTROL 176
9.6.6 PRODUCTION LINE OPTIMIZATION 177
9.6.7 INTELLIGENT INVENTORY MANAGEMENT 177
9.6.8 OTHER MANUFACTURING APPLICATIONS 177
9.7 HEALTHCARE, LIFE SCIENCES, AND PHARMACEUTICALS 178
9.7.1 NEED FOR OPTIMIZED CLINICAL TRIALS, FAST-TRACKING OF NEW DRUG TIME-TO-MARKET, AND EHRS TO DRIVE MARKET 178
9.7.2 ELECTRONIC HEALTH & MEDICAL RECORDS 179
9.7.3 TELEMEDICINE & REMOTE PATIENT MONITORING 179
9.7.4 AUTOMATIC APPOINTMENT SCHEDULING 180
9.7.5 MEDICAL IMAGING & DIAGNOSTICS 180
9.7.6 PATIENT BILLING MANAGEMENT 180
9.7.7 OTHER HEALTHCARE, LIFE SCIENCES, AND PHARMACEUTICAL APPLICATIONS 181
9.8 ENERGY & UTILITIES 181
9.8.1 NEED TO ACCOMPLISH OPERATIONAL EFFICIENCY, BOOST CUSTOMER SATISFACTION, AND ENCOURAGE SUSTAINABILITY TO DRIVE MARKET 181
9.8.2 ENERGY DEMAND FORECASTING 182
9.8.3 GRID OPTIMIZATION & MANAGEMENT 183
9.8.4 AUTOMATED ASSET TRACKING 183
9.8.5 SMART METERING & ENERGY DATA MANAGEMENT 183
9.8.6 REAL-TIME ENERGY MONITORING & CONTROL 184
9.8.7 OTHER ENERGY & UTILITIES APPLICATIONS 184
9.9 GOVERNMENT & DEFENSE 184
9.9.1 TRANSITION TO CLOUD-BASED SOLUTIONS TO ENABLE EFFECTIVE COOPERATION FOR SAFE AND FAST SHARING OF CRUCIAL INFORMATION 184
9.9.2 INTELLIGENCE ANALYSIS & DATA PROCESSING 185
9.9.3 EGOVERNANCE & DIGITAL CITY SERVICES 186
9.9.4 BORDER SECURITY & SURVEILLANCE 186
9.9.5 DIGITAL IDENTITY & AUTHENTICATION 186
9.9.6 COMMAND & CONTROL SYSTEMS 187
9.9.7 TAX & REVENUE MANAGEMENT 187
9.9.8 OTHER GOVERNMENT & DEFENSE APPLICATIONS 187
9.10 TELECOMMUNICATIONS 188
9.10.1 NEED FOR ENHANCED SERVICE DELIVERY, OPTIMIZATION, AND RESPONSIVENESS TO CHANGING CUSTOMER NEEDS TO PROPEL MARKET 188
9.10.2 NETWORK OPTIMIZATION 189
9.10.3 NETWORK SECURITY 189
9.10.4 CUSTOMER SERVICE & SUPPORT 189
9.10.5 NETWORK PLANNING & OPTIMIZATION 190
9.10.6 VOICE & SPEECH RECOGNITION 190
9.10.7 OTHER TELECOMMUNICATION APPLICATIONS 190
9.11 EDUCATION 191
9.11.1 NEED FOR PERSONALIZED LEARNING EXPERIENCES AND ENHANCING TEACHING AND LEARNING PROCESSES TO BOOST MARKET GROWTH 191
9.11.2 PERSONALIZED LEARNING 192
9.11.3 SMART CLASSROOMS 192
9.11.4 ADAPTIVE LEARNING & ASSESSMENT 193
9.11.5 DIGITAL TEXTBOOKS & EBOOKS 193
9.11.6 INTERACTIVE SIMULATIONS 193
9.11.7 OTHER EDUCATIONAL APPLICATIONS 194
9.12 TRANSPORTATION & LOGISTICS 194
9.12.1 OPTIMIZED RESOURCE USAGE, IMPLEMENTATION OF ADVANCED TECHNOLOGIES, AND ROUTE ENHANCEMENT TO DRIVE MARKET 194
9.12.2 ROUTE OPTIMIZATION 195
9.12.3 TRAFFIC MANAGEMENT 196
9.12.4 LAST-MILE LOGISTICS SYSTEMS 196
9.12.5 FLEET MANAGEMENT 196
9.12.6 INTELLIGENT PARKING SYSTEMS 197
9.12.7 OTHER TRANSPORTATION & LOGISTICS APPLICATIONS 197
9.13 OTHER VERTICALS 197
10 DIGITAL TRANSFORMATION MARKET, BY REGION 199
10.1 INTRODUCTION 200
10.2 NORTH AMERICA 202
10.2.1 NORTH AMERICA: DIGITAL TRANSFORMATION MARKET DRIVERS 202
10.2.2 NORTH AMERICA: MACROECONOMIC OUTLOOK 202
10.2.3 US 209
10.2.3.1 Need to improve efficiency, create excellent customer experience, and changing consumer habits to drive market 209
10.2.4 CANADA 210
10.2.4.1 Government initiatives and need to prevent in-person sales and marketing to propel market 210
10.3 EUROPE 211
10.3.1 EUROPE: DIGITAL TRANSFORMATION MARKET DRIVERS 211
10.3.2 EUROPE: MACROECONOMIC OUTLOOK 211
10.3.3 UK 217
10.3.3.1 Technological advancements and government initiatives to improve digital capabilities to fuel market growth 217
10.3.4 GERMANY 218
10.3.4.1 Increased technology, strategic government regulations, and rapid digital transformation to foster market growth 218
10.3.5 FRANCE 219
10.3.5.1 Increasing focus on incorporating high-tech and Ministry’s digital transformation plan to accelerate market growth 219
10.3.6 ITALY 220
10.3.6.1 Need to enhance automation, optimize resource allocation, and enable personalized public services to boost market growth 220
10.3.7 SPAIN 221
10.3.7.1 Extensive investments into digital infrastructure, promotion of emerging technology adoption, and implementation of Spain Digital 2025 to drive market 221
10.3.8 FINLAND 222
10.3.8.1 Establishment of “Digital Finland Framework” to promote innovation and improve digital skills to propel market 222
10.3.9 REST OF EUROPE 223
10.4 ASIA PACIFIC 224
10.4.1 ASIA PACIFIC: DIGITAL TRANSFORMATION MARKET DRIVERS 225
10.4.2 ASIA PACIFIC: MACROECONOMIC OUTLOOK 225
10.4.3 CHINA 231
10.4.3.1 Need to integrate sophisticated technologies into contemporary business systems and surge in investment by start-ups to fuel market growth 231
10.4.4 INDIA 232
10.4.4.1 Technological advancements, higher internet access, and government efforts to bolster market growth 232
10.4.5 JAPAN 233
10.4.5.1 Innovative technologies, government backing for modernization, and focus on reinforcing cybersecurity systems to boost market growth 233
10.4.6 SOUTH KOREA 234
10.4.6.1 Ongoing government support, greater investment in innovative technologies, and thriving start-up scenario to drive market 234
10.4.7 AUSTRALIA & NEW ZEALAND 235
10.4.7.1 Technological advancements and government policies encouraging innovation and competition to drive market 235
10.4.8 ASEAN COUNTRIES 237
10.4.8.1 Need for operational excellence and customer service using IT solutions to accelerate digital innovation 237
10.4.9 REST OF ASIA PACIFIC 238
10.5 MIDDLE EAST & AFRICA 239
10.5.1 MIDDLE EAST & AFRICA: DIGITAL TRANSFORMATION MARKET DRIVERS 240
10.5.2 MIDDLE EAST & AFRICA: MACROECONOMIC OUTLOOK 240
10.5.3 MIDDLE EAST 246
10.5.3.1 Saudi Arabia 246
10.5.3.1.1 Vision 2030 initiative, investments in digital infrastructure, and focus on eGovernance to boost market growth 246
10.5.3.2 UAE 247
10.5.3.2.1 Strong infrastructure, supportive regulatory environment, and government’s focus on technology and innovation to fuel market growth 247
10.5.3.3 Turkey 248
10.5.3.3.1 Robust telecommunications infrastructure and growing digital economy to offer conducive environment for adopting AI 248
10.5.3.4 Qatar 249
10.5.3.4.1 Strategic investments in AI R&D and implementation of Vision 2030 plan to foster market growth 249
10.5.3.5 Rest of Middle East 250
10.5.4 AFRICA 251
10.6 LATIN AMERICA 252
10.6.1 LATIN AMERICA: DIGITAL TRANSFORMATION MARKET DRIVERS 253
10.6.2 LATIN AMERICA: MACROECONOMIC OUTLOOK 253
10.6.3 BRAZIL 259
10.6.3.1 Digital Transformation Strategy (E-digital), new business techniques, and changing consumer habits to boost market growth 259
10.6.4 MEXICO 260
10.6.4.1 Need to increase customer experiences and streamline operations to fuel adoption of digital transformation 260
10.6.5 ARGENTINA 261
10.6.5.1 Need to improve digital infrastructure, promote digital literacy, and facilitate innovation processes to accelerate market growth 261
10.6.6 CHILE 262
10.6.6.1 Focus on advanced technology, change in consumer behavior, and fast-growing digital revolution to drive market 262
10.6.7 REST OF LATIN AMERICA 263
11 COMPETITIVE LANDSCAPE 265
11.1 OVERVIEW 265
11.2 KEY PLAYER STRATEGIES/RIGHT TO WIN 265
11.3 REVENUE ANALYSIS 267
11.4 MARKET SHARE ANALYSIS 268
11.4.1 MARKET RANKING ANALYSIS 269
11.5 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023 270
11.5.1 STARS 270
11.5.2 EMERGING LEADERS 271
11.5.3 PERVASIVE PLAYERS 271
11.5.4 PARTICIPANTS 271
11.5.5 COMPANY FOOTPRINT: KEY PLAYERS, 2023 273
11.5.5.1 Company footprint 273
11.5.5.2 Business function footprint 274
11.5.5.3 Technology footprint 275
11.5.5.4 Vertical footprint 276
11.5.5.5 Regional footprint 277
11.6 COMPANY EVALUATION MATRIX: START-UPS/SMES, 2023 278
11.6.1 PROGRESSIVE COMPANIES 278
11.6.2 RESPONSIVE COMPANIES 278
11.6.3 DYNAMIC COMPANIES 278
11.6.4 STARTING BLOCKS 278
11.6.5 COMPETITIVE BENCHMARKING: START-UPS/SMES, 2023 280
11.6.5.1 Detailed list of key start-ups/SMEs 280
11.6.5.2 Competitive benchmarking of key start-ups/SMEs 281
11.7 BRAND/PRODUCT COMPARISON 282
11.7.1 DIGITAL TRANSFORMATION (MICROSOFT) 282
11.7.2 DIGITAL TRANSFORMATION (AWS) 282
11.7.3 DIGITAL TRANSFORMATION (GOOGLE) 283
11.7.4 DIGITAL TRANSFORMATION (ORACLE) 283
11.7.5 DIGITAL TRANSFORMATION (IBM) 283
11.8 COMPANY VALUATION AND FINANCIAL METRICS 283
11.9 COMPETITIVE SCENARIO AND TRENDS 284
11.9.1 DEALS 290
12 COMPANY PROFILES 301
12.1 INTRODUCTION 301
12.1.1 MICROSOFT 301
12.1.1.1 Business overview 301
12.1.1.2 Products/Solutions/Services offered 303
12.1.1.3 Recent developments 304
12.1.1.4 MnM view 306
12.1.1.4.1 Right to win 306
12.1.1.4.2 Strategic choices 306
12.1.1.4.3 Weaknesses and competitive threats 306
12.1.2 SAP 307
12.1.2.1 Business overview 307
12.1.2.2 Products/Solutions/Services offered 308
12.1.2.3 Recent developments 309
12.1.2.4 MnM view 310
12.1.2.4.1 Right to win 310
12.1.2.4.2 Strategic choices 311
12.1.2.4.3 Weaknesses and competitive threats 311
12.1.3 GOOGLE 312
12.1.3.1 Business overview 312
12.1.3.2 Products/Solutions/Services offered 313
12.1.3.3 Recent developments 315
12.1.3.4 MnM view 318
12.1.3.4.1 Right to win 318
12.1.3.4.2 Strategic choices 318
12.1.3.4.3 Weaknesses and competitive threats 318
12.1.4 IBM 319
12.1.4.1 Business overview 319
12.1.4.2 Products/Solutions/Services offered 320
12.1.4.3 Recent developments 322
12.1.4.4 MnM view 323
12.1.4.4.1 Right to win 323
12.1.4.4.2 Strategic choices 323
12.1.4.4.3 Weaknesses and competitive threats 323
12.1.5 ORACLE 324
12.1.5.1 Business overview 324
12.1.5.2 Products/Solutions/Services offered 325
12.1.5.3 Recent developments 327
12.1.5.4 MnM view 329
12.1.5.4.1 Right to win 329
12.1.5.4.2 Strategic choices 329
12.1.5.4.3 Weaknesses and competitive threats 329
12.1.6 ADOBE 330
12.1.6.1 Business overview 330
12.1.6.2 Products/Solutions/Services offered 331
12.1.6.3 Recent developments 332
12.1.7 SALESFORCE 335
12.1.7.1 Business overview 335
12.1.7.2 Products/Solutions/Services offered 336
12.1.7.3 Recent developments 337
12.1.8 HPE 340
12.1.8.1 Business overview 340
12.1.8.2 Products/Solutions/Services offered 341
12.1.8.3 Recent developments 342
12.1.9 HCL TECHNOLOGIES 344
12.1.9.1 Business overview 344
12.1.9.2 Products/Solutions/Services offered 345
12.1.9.3 Recent developments 347
12.1.10 AWS 349
12.1.10.1 Business overview 349
12.1.10.2 Products/Solutions/Services offered 350
12.1.10.3 Recent developments 352
12.1.11 ERNST & YOUNG (EY) 354
12.1.12 COGNIZANT 355
12.1.13 ACCENTURE 356
12.1.14 BROADCOM 357
12.1.15 EQUINIX 357
12.1.16 ALIBABA CLOUD 358
12.1.17 BAIDU 359
12.1.18 CISCO 360
12.1.19 EMUDHRA 361
12.1.20 HAPPIEST MINDS 361
12.1.21 CENTIFIC 362
12.2 START-UPS/SMES 363
12.2.1 BUDIBASE 363
12.2.2 ELECTRONEEK 363
12.2.3 AIXORA.AI 364
12.2.4 MATTERWAY 364
12.2.5 LAIYE 365
12.2.6 ORBY AI 365
12.2.7 KISSFLOW 366
12.2.8 DEMPTON CONSULTING GROUP 366
12.2.9 PROCESSMAKER 367
12.2.10 PROCESS STREET 367
12.2.11 INFINITUS SYSTEMS 368
12.2.12 SCORO 368
12.2.13 ALCOR SOLUTIONS 369
12.2.14 SMARTSTREAM 370
12.2.15 CLOUD ANGLES 371
12.2.16 MAGNETAR IT 371
12.2.17 SCITARA 372
12.2.18 INTRINSIC 372
12.2.19 BRILLIO 373
12.2.20 AEXONIC TECHNOLOGIES 374
12.3 OTHER VENDORS 375
12.3.1 TIBCO SOFTWARE 375
12.3.2 MARLABS 375
12.3.3 AGICENT 376
12.3.4 SOFTWARE AG 376
12.3.5 GENPACT 377
12.3.6 DELOITTE 377
12.3.7 TWILIO 378
12.3.8 KYNDRYL 378
12.3.9 VERITIS 379
12.3.10 SCIENCESOFT 379
13 ADJACENT AND RELATED MARKETS 380
13.1 INTRODUCTION 380
13.2 ARTIFICIAL INTELLIGENCE (AI) MARKET – GLOBAL FORECAST TO 2030 380
13.2.1 MARKET DEFINITION 380
13.2.2 MARKET OVERVIEW 380
13.2.2.1 Artificial intelligence market, by offering 381
13.2.2.2 Artificial intelligence market, by technology 381
13.2.2.3 Artificial intelligence market, by business function 382
13.2.2.4 Artificial intelligence market, by vertical 383
13.2.2.5 Artificial intelligence market, by region 385
13.3 CLOUD COMPUTING MARKET – GLOBAL FORECAST TO 2028 386
13.3.1 MARKET DEFINITION 386
13.3.2 MARKET OVERVIEW 386
13.3.2.1 Cloud computing market, by service model 386
13.3.2.2 Cloud computing market, by deployment model 387
13.3.2.3 Cloud computing market, by organization size 388
13.3.2.4 Cloud computing market, by vertical 389
13.3.2.5 Cloud computing market, by region 390
14 APPENDIX 391
14.1 DISCUSSION GUIDE 391
14.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 396
14.3 CUSTOMIZATION OPTIONS 398
14.4 RELATED REPORTS 398
14.5 AUTHOR DETAILS 399
LIST OF TABLES
TABLE 1 UNITED STATES DOLLAR EXCHANGE RATE, 2019–2023 42
TABLE 2 LIST OF PRIMARY INTERVIEWS 46
TABLE 3 FACTOR ANALYSIS 53
TABLE 4 GLOBAL DIGITAL TRANSFORMATION MARKET SIZE AND GROWTH RATE,
2019–2023 (USD BILLION, Y-O-Y) 59
TABLE 5 GLOBAL DIGITAL TRANSFORMATION MARKET SIZE AND GROWTH RATE,
2024–2030 (USD BILLION, Y-O-Y) 59
TABLE 6 AVERAGE SELLING PRICES OF KEY PLAYERS FOR TOP THREE
TECHNOLOGIES (USD) 73
TABLE 7 INDICATIVE PRICING LEVELS OF DIGITAL TRANSFORMATION SOFTWARE, SOLUTIONS, AND PLATFORMS, BY OFFERING 74
TABLE 8 DIGITAL TRANSFORMATION MARKET: ECOSYSTEM 79
TABLE 9 PATENTS FILED, 2015–2024 86
TABLE 10 LIST OF FEW PATENTS IN DIGITAL TRANSFORMATION MARKET, 2023–2024 87
TABLE 11 DIGITAL TRANSFORMATION MARKET: DETAILED LIST OF CONFERENCES AND EVENTS, 2024–2025 90
TABLE 12 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 91
TABLE 13 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 92
TABLE 14 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 92
TABLE 15 MIDDLE EAST & AFRICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 93
TABLE 16 LATIN AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 93
TABLE 17 PORTER’S FIVE FORCES’ IMPACT ON DIGITAL TRANSFORMATION MARKET 97
TABLE 18 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE
VERTICALS (%) 99
TABLE 19 KEY BUYING CRITERIA FOR TOP THREE VERTICALS 100
TABLE 20 DIGITAL TRANSFORMATION MARKET, BY OFFERING, 2019–2023 (USD MILLION) 112
TABLE 21 DIGITAL TRANSFORMATION MARKET, BY OFFERING, 2024–2030 (USD MILLION) 112
TABLE 22 SOFTWARE: DIGITAL TRANSFORMATION MARKET, BY REGION,
2019–2023 (USD BILLION) 113
TABLE 23 SOFTWARE: DIGITAL TRANSFORMATION MARKET, BY REGION,
2024–2030 (USD BILLION) 113
TABLE 24 DIGITAL TRANSFORMATION MARKET, BY SOFTWARE TYPE,
2019–2023 (USD BILLION) 114
TABLE 25 DIGITAL TRANSFORMATION MARKET, BY SOFTWARE TYPE,
2024–2030 (USD BILLION) 114
TABLE 26 SOFTWARE TYPE: DIGITAL TRANSFORMATION MARKET, BY REGION,
2019–2023 (USD BILLION) 115
TABLE 27 SOFTWARE TYPE: DIGITAL TRANSFORMATION MARKET, BY REGION,
2024–2030 (USD BILLION) 115
TABLE 28 BUSINESS PROCESS TRANSFORMATION: DIGITAL TRANSFORMATION MARKET,
BY REGION, 2019–2023 (USD BILLION) 116
TABLE 29 BUSINESS PROCESS TRANSFORMATION: DIGITAL TRANSFORMATION MARKET,
BY REGION, 2024–2030 (USD BILLION) 116
TABLE 30 BUSINESS MODEL TRANSFORMATION: DIGITAL TRANSFORMATION MARKET,
BY REGION, 2019–2023 (USD BILLION) 117
TABLE 31 BUSINESS MODEL TRANSFORMATION: DIGITAL TRANSFORMATION MARKET,
BY REGION, 2024–2030 (USD BILLION) 117
TABLE 32 BUSINESS DOMAIN TRANSFORMATION: DIGITAL TRANSFORMATION MARKET,
BY REGION, 2019–2023 (USD BILLION) 118
TABLE 33 BUSINESS DOMAIN TRANSFORMATION: DIGITAL TRANSFORMATION MARKET,
BY REGION, 2024–2030 (USD BILLION) 118
TABLE 34 CULTURE/ORGANIZATION TRANSFORMATION: DIGITAL TRANSFORMATION MARKET, BY REGION, 2019–2023 (USD BILLION) 119
TABLE 35 CULTURE/ORGANIZATION TRANSFORMATION: DIGITAL TRANSFORMATION MARKET, BY REGION, 2024–2030 (USD BILLION) 119
TABLE 36 DIGITAL TRANSFORMATION MARKET, BY DEPLOYMENT MODE,
2019–2023 (USD BILLION) 120
TABLE 37 DIGITAL TRANSFORMATION MARKET, BY DEPLOYMENT MODE,
2024–2030 (USD BILLION) 120
TABLE 38 ON-PREMISES: DIGITAL TRANSFORMATION MARKET, BY REGION,
2019–2023 (USD BILLION) 121
TABLE 39 ON-PREMISES: DIGITAL TRANSFORMATION MARKET, BY REGION,
2024–2030 (USD BILLION) 121
TABLE 40 CLOUD: DIGITAL TRANSFORMATION MARKET, BY REGION,
2019–2023 (USD BILLION) 122
TABLE 41 CLOUD: DIGITAL TRANSFORMATION MARKET, BY REGION,
2024–2030 (USD BILLION) 122
TABLE 42 DIGITAL TRANSFORMATION MARKET, BY SERVICE, 2019–2023 (USD BILLION) 123
TABLE 43 DIGITAL TRANSFORMATION MARKET, BY SERVICE, 2024–2030 (USD BILLION) 123
TABLE 44 DIGITAL TRANSFORMATION MARKET, BY PROFESSIONAL SERVICE,
2019–2023 (USD BILLION) 124
TABLE 45 DIGITAL TRANSFORMATION MARKET, BY PROFESSIONAL SERVICE,
2024–2030 (USD BILLION) 124
TABLE 46 PROFESSIONAL SERVICES: DIGITAL TRANSFORMATION MARKET, BY REGION, 2019–2023 (USD BILLION) 125
TABLE 47 PROFESSIONAL SERVICES: DIGITAL TRANSFORMATION MARKET, BY REGION, 2024–2030 (USD BILLION) 125
TABLE 48 TRAINING & CONSULTING: DIGITAL TRANSFORMATION MARKET, BY REGION, 2019–2023 (USD MILLION) 126
TABLE 49 TRAINING & CONSULTING: DIGITAL TRANSFORMATION MARKET, BY REGION, 2024–2030 (USD MILLION) 126
TABLE 50 SYSTEM INTEGRATION & IMPLEMENTATION: DIGITAL TRANSFORMATION MARKET, BY REGION, 2019–2023 (USD MILLION) 127
TABLE 51 SYSTEM INTEGRATION & IMPLEMENTATION: DIGITAL TRANSFORMATION MARKET, BY REGION, 2024–2030 (USD MILLION) 127
TABLE 52 SUPPORT & MAINTENANCE: DIGITAL TRANSFORMATION MARKET, BY REGION, 2019–2023 (USD MILLION) 128
TABLE 53 SUPPORT & MAINTENANCE: DIGITAL TRANSFORMATION MARKET, BY REGION, 2024–2030 (USD MILLION) 128
TABLE 54 APPLICATION MODERNIZATION: DIGITAL TRANSFORMATION MARKET, BY REGION, 2019–2023 (USD MILLION) 129
TABLE 55 APPLICATION MODERNIZATION: DIGITAL TRANSFORMATION MARKET, BY REGION, 2024–2030 (USD MILLION) 129
TABLE 56 MANAGED SERVICES: DIGITAL TRANSFORMATION MARKET, BY REGION,
2019–2023 (USD MILLION) 130
TABLE 57 MANAGED SERVICES: DIGITAL TRANSFORMATION MARKET, BY REGION,
2024–2030 (USD MILLION) 130
TABLE 58 DIGITAL TRANSFORMATION MARKET, BY TECHNOLOGY,
2019–2023 (USD BILLION) 133
TABLE 59 DIGITAL TRANSFORMATION MARKET, BY TECHNOLOGY,
2024–2030 (USD BILLION) 133
TABLE 60 CLOUD COMPUTING: DIGITAL TRANSFORMATION MARKET, BY REGION,
2019–2023 (USD BILLION) 134
TABLE 61 CLOUD COMPUTING: DIGITAL TRANSFORMATION MARKET, BY REGION,
2024–2030 (USD BILLION) 134
TABLE 62 ARTIFICIAL INTELLIGENCE: DIGITAL TRANSFORMATION MARKET, BY REGION, 2019–2023 (USD BILLION) 136
TABLE 63 ARTIFICIAL INTELLIGENCE: DIGITAL TRANSFORMATION MARKET, BY REGION, 2024–2030 (USD BILLION) 136
TABLE 64 BIG DATA ANALYTICS: DIGITAL TRANSFORMATION MARKET, BY REGION,
2019–2023 (USD BILLION) 138
TABLE 65 BIG DATA ANALYTICS: DIGITAL TRANSFORMATION MARKET, BY REGION,
2024–2030 (USD BILLION) 138
TABLE 66 BLOCKCHAIN: DIGITAL TRANSFORMATION MARKET, BY REGION,
2019–2023 (USD BILLION) 140
TABLE 67 BLOCKCHAIN: DIGITAL TRANSFORMATION MARKET, BY REGION,
2024–2030 (USD BILLION) 140
TABLE 68 CYBERSECURITY: DIGITAL TRANSFORMATION MARKET, BY REGION,
2019–2023 (USD BILLION) 142
TABLE 69 CYBERSECURITY: DIGITAL TRANSFORMATION MARKET, BY REGION,
2024–2030 (USD BILLION) 143
TABLE 70 INTERNET OF THINGS: DIGITAL TRANSFORMATION MARKET, BY REGION,
2019–2023 (USD BILLION) 145
TABLE 71 INTERNET OF THINGS: DIGITAL TRANSFORMATION MARKET, BY REGION,
2024–2030 (USD BILLION) 145
TABLE 72 ROBOTICS PROCESS AUTOMATION: DIGITAL TRANSFORMATION MARKET,
BY REGION, 2019–2023 (USD BILLION) 148
TABLE 73 ROBOTICS PROCESS AUTOMATION: DIGITAL TRANSFORMATION MARKET,
BY REGION, 2024–2030 (USD BILLION) 148
TABLE 74 DIGITAL TRANSFORMATION MARKET, BY BUSINESS FUNCTION,
2019–2023 (USD BILLION) 152
TABLE 75 DIGITAL TRANSFORMATION MARKET, BY BUSINESS FUNCTION,
2024–2030 (USD BILLION) 152
TABLE 76 ACCOUNTING & FINANCE: DIGITAL TRANSFORMATION MARKET, BY REGION, 2019–2023 (USD BILLION) 153
TABLE 77 ACCOUNTING & FINANCE: DIGITAL TRANSFORMATION MARKET, BY REGION, 2024–2030 (USD BILLION) 154
TABLE 78 IT & OPERATIONS: DIGITAL TRANSFORMATION MARKET, BY REGION,
2019–2023 (USD BILLION) 155
TABLE 79 IT & OPERATIONS: DIGITAL TRANSFORMATION MARKET, BY REGION,
2024–2030 (USD BILLION) 155
TABLE 80 HUMAN RESOURCES: DIGITAL TRANSFORMATION MARKET, BY REGION,
2019–2023 (USD BILLION) 156
TABLE 81 HUMAN RESOURCES: DIGITAL TRANSFORMATION MARKET, BY REGION,
2024–2030 (USD BILLION) 156
TABLE 82 MARKETING & SALES: DIGITAL TRANSFORMATION MARKET, BY REGION,
2019–2023 (USD BILLION) 157
TABLE 83 MARKETING & SALES: DIGITAL TRANSFORMATION MARKET, BY REGION,
2024–2030 (USD BILLION) 157
TABLE 84 RESEARCH & DEVELOPMENT: DIGITAL TRANSFORMATION MARKET, BY REGION, 2019–2023 (USD BILLION) 158
TABLE 85 RESEARCH & DEVELOPMENT: DIGITAL TRANSFORMATION MARKET, BY REGION, 2024–2030 (USD BILLION) 158
TABLE 86 DIGITAL TRANSFORMATION MARKET, BY VERTICAL, 2019–2023 (USD BILLION) 161
TABLE 87 DIGITAL TRANSFORMATION MARKET, BY VERTICAL, 2024–2030 (USD BILLION) 162
TABLE 88 BFSI: DIGITAL TRANSFORMATION MARKET, BY REGION,
2019–2023 (USD BILLION) 163
TABLE 89 BFSI: DIGITAL TRANSFORMATION MARKET, BY REGION,
2024–2030 (USD BILLION) 163
TABLE 90 RETAIL & ECOMMERCE: DIGITAL TRANSFORMATION MARKET, BY REGION,
2019–2023 (USD BILLION) 166
TABLE 91 RETAIL & ECOMMERCE: DIGITAL TRANSFORMATION MARKET, BY REGION,
2024–2030 (USD BILLION) 166
TABLE 92 IT & ITES: DIGITAL TRANSFORMATION MARKET, BY REGION,
2019–2023 (USD BILLION) 169
TABLE 93 IT & ITES: DIGITAL TRANSFORMATION MARKET, BY REGION,
2024–2030 (USD BILLION) 169
TABLE 94 MEDIA & ENTERTAINMENT: DIGITAL TRANSFORMATION MARKET, BY REGION, 2019–2023 (USD BILLION) 172
TABLE 95 MEDIA & ENTERTAINMENT: DIGITAL TRANSFORMATION MARKET, BY REGION, 2024–2030 (USD BILLION) 172
TABLE 96 MANUFACTURING: DIGITAL TRANSFORMATION MARKET, BY REGION,
2019–2023 (USD BILLION) 175
TABLE 97 MANUFACTURING: DIGITAL TRANSFORMATION MARKET, BY REGION,
2024–2030 (USD BILLION) 175
TABLE 98 HEALTHCARE, LIFE SCIENCES, AND PHARMACEUTICALS: DIGITAL TRANSFORMATION MARKET, BY REGION, 2019–2023 (USD BILLION) 178
TABLE 99 HEALTHCARE, LIFE SCIENCES, AND PHARMACEUTICALS: DIGITAL TRANSFORMATION MARKET, BY REGION, 2024–2030 (USD BILLION) 179
TABLE 100 ENERGY & UTILITIES: DIGITAL TRANSFORMATION MARKET, BY REGION,
2019–2023 (USD BILLION) 182
TABLE 101 ENERGY & UTILITIES: DIGITAL TRANSFORMATION MARKET, BY REGION,
2024–2030 (USD BILLION) 182
TABLE 102 GOVERNMENT & DEFENSE: DIGITAL TRANSFORMATION MARKET, BY REGION, 2019–2023 (USD BILLION) 185
TABLE 103 GOVERNMENT & DEFENSE: DIGITAL TRANSFORMATION MARKET, BY REGION, 2024–2030 (USD BILLION) 185
TABLE 104 TELECOMMUNICATIONS: DIGITAL TRANSFORMATION MARKET, BY REGION,
2019–2023 (USD BILLION) 188
TABLE 105 TELECOMMUNICATIONS: DIGITAL TRANSFORMATION MARKET, BY REGION,
2024–2030 (USD BILLION) 189
TABLE 106 EDUCATION: DIGITAL TRANSFORMATION MARKET, BY REGION,
2019–2023 (USD BILLION) 191
TABLE 107 EDUCATION: DIGITAL TRANSFORMATION MARKET, BY REGION,
2024–2030 (USD BILLION) 192
TABLE 108 TRANSPORTATION & LOGISTICS: DIGITAL TRANSFORMATION MARKET, BY REGION, 2019–2023 (USD BILLION) 195
TABLE 109 TRANSPORTATION & LOGISTICS: DIGITAL TRANSFORMATION MARKET, BY REGION, 2024–2030 (USD BILLION) 195
TABLE 110 OTHER VERTICALS: DIGITAL TRANSFORMATION MARKET, BY REGION,
2019–2023 (USD BILLION) 198
TABLE 111 OTHER VERTICALS: DIGITAL TRANSFORMATION MARKET, BY REGION,
2024–2030 (USD BILLION) 198
TABLE 112 DIGITAL TRANSFORMATION MARKET, BY REGION, 2019–2023 (USD BILLION) 201
TABLE 113 DIGITAL TRANSFORMATION MARKET, BY REGION, 2024–2030 (USD BILLION) 201
TABLE 114 NORTH AMERICA: DIGITAL TRANSFORMATION MARKET, BY OFFERING,
2019–2023 (USD BILLION) 204
TABLE 115 NORTH AMERICA: DIGITAL TRANSFORMATION MARKET, BY OFFERING,
2024–2030 (USD BILLION) 204
TABLE 116 NORTH AMERICA: DIGITAL TRANSFORMATION MARKET, BY SOFTWARE TYPE, 2019–2023 (USD BILLION) 204
TABLE 117 NORTH AMERICA: DIGITAL TRANSFORMATION MARKET, BY SOFTWARE TYPE, 2024–2030 (USD BILLION) 204
TABLE 118 NORTH AMERICA: DIGITAL TRANSFORMATION MARKET, BY DEPLOYMENT MODE, 2019–2023 (USD BILLION) 205
TABLE 119 NORTH AMERICA: DIGITAL TRANSFORMATION MARKET, BY DEPLOYMENT MODE, 2024–2030 (USD BILLION) 205
TABLE 120 NORTH AMERICA: DIGITAL TRANSFORMATION MARKET, BY SERVICE,
2019–2023 (USD BILLION) 205
TABLE 121 NORTH AMERICA: DIGITAL TRANSFORMATION MARKET, BY SERVICE,
2024–2030 (USD BILLION) 205
TABLE 122 NORTH AMERICA: DIGITAL TRANSFORMATION MARKET, BY TECHNOLOGY,
2019–2023 (USD BILLION) 206
TABLE 123 NORTH AMERICA: DIGITAL TRANSFORMATION MARKET, BY TECHNOLOGY,
2024–2030 (USD BILLION) 206
TABLE 124 NORTH AMERICA: DIGITAL TRANSFORMATION MARKET, BY BUSINESS FUNCTION, 2019–2023 (USD BILLION) 206
TABLE 125 NORTH AMERICA: DIGITAL TRANSFORMATION MARKET, BY BUSINESS FUNCTION, 2024–2030 (USD BILLION) 207
TABLE 126 NORTH AMERICA: DIGITAL TRANSFORMATION MARKET, BY VERTICAL,
2019–2023 (USD BILLION) 207
TABLE 127 NORTH AMERICA: DIGITAL TRANSFORMATION MARKET, BY VERTICAL,
2024–2030 (USD BILLION) 208
TABLE 128 NORTH AMERICA: DIGITAL TRANSFORMATION MARKET, BY COUNTRY,
2019–2023 (USD BILLION) 208
TABLE 129 NORTH AMERICA: DIGITAL TRANSFORMATION MARKET, BY COUNTRY,
2024–2030 (USD BILLION) 208
TABLE 130 US: DIGITAL TRANSFORMATION MARKET, BY OFFERING,
2019–2023 (USD BILLION) 209
TABLE 131 US: DIGITAL TRANSFORMATION MARKET, BY OFFERING,
2024–2030 (USD BILLION) 209
TABLE 132 CANADA: DIGITAL TRANSFORMATION MARKET, BY OFFERING,
2019–2023 (USD BILLION) 210
TABLE 133 CANADA: DIGITAL TRANSFORMATION MARKET, BY OFFERING,
2024–2030 (USD BILLION) 210
TABLE 134 EUROPE: DIGITAL TRANSFORMATION MARKET, BY OFFERING,
2019–2023 (USD BILLION) 212
TABLE 135 EUROPE: DIGITAL TRANSFORMATION MARKET, BY OFFERING,
2024–2030 (USD BILLION) 212
TABLE 136 EUROPE: DIGITAL TRANSFORMATION MARKET, BY SOFTWARE TYPE,
2019–2023 (USD BILLION) 212
TABLE 137 EUROPE: DIGITAL TRANSFORMATION MARKET, BY SOFTWARE TYPE,
2024–2030 (USD BILLION) 213
TABLE 138 EUROPE: DIGITAL TRANSFORMATION MARKET, BY DEPLOYMENT MODE,
2019–2023 (USD BILLION) 213
TABLE 139 EUROPE: DIGITAL TRANSFORMATION MARKET, BY DEPLOYMENT MODE,
2024–2030 (USD BILLION) 213
TABLE 140 EUROPE: DIGITAL TRANSFORMATION MARKET, BY SERVICE,
2019–2023 (USD BILLION) 213
TABLE 141 EUROPE: DIGITAL TRANSFORMATION MARKET, BY SERVICE,
2024–2030 (USD BILLION) 214
TABLE 142 EUROPE: DIGITAL TRANSFORMATION MARKET, BY TECHNOLOGY,
2019–2023 (USD BILLION) 214
TABLE 143 EUROPE: DIGITAL TRANSFORMATION MARKET, BY TECHNOLOGY,
2024–2030 (USD BILLION) 214
TABLE 144 EUROPE: DIGITAL TRANSFORMATION MARKET, BY BUSINESS FUNCTION,
2019–2023 (USD BILLION) 215
TABLE 145 EUROPE: DIGITAL TRANSFORMATION MARKET, BY BUSINESS FUNCTION,
2024–2030 (USD BILLION) 215
TABLE 146 EUROPE: DIGITAL TRANSFORMATION MARKET, BY VERTICAL,
2019–2023 (USD BILLION) 215
TABLE 147 EUROPE: DIGITAL TRANSFORMATION MARKET, BY VERTICAL,
2024–2030 (USD BILLION) 216
TABLE 148 EUROPE: DIGITAL TRANSFORMATION MARKET, BY COUNTRY,
2019–2023 (USD BILLION) 216
TABLE 149 EUROPE: DIGITAL TRANSFORMATION MARKET, BY COUNTRY,
2024–2030 (USD BILLION) 217
TABLE 150 UK: DIGITAL TRANSFORMATION MARKET, BY OFFERING,
2019–2023 (USD MILLION) 218
TABLE 151 UK: DIGITAL TRANSFORMATION MARKET, BY OFFERING,
2024–2030 (USD MILLION) 218
TABLE 152 GERMANY: DIGITAL TRANSFORMATION MARKET, BY OFFERING,
2019–2023 (USD MILLION) 219
TABLE 153 GERMANY: DIGITAL TRANSFORMATION MARKET, BY OFFERING,
2024–2030 (USD MILLION) 219
TABLE 154 FRANCE: DIGITAL TRANSFORMATION MARKET, BY OFFERING,
2019–2023 (USD MILLION) 220
TABLE 155 FRANCE: DIGITAL TRANSFORMATION MARKET, BY OFFERING,
2024–2030 (USD MILLION) 220
TABLE 156 ITALY: DIGITAL TRANSFORMATION MARKET, BY OFFERING,
2019–2023 (USD MILLION) 221
TABLE 157 ITALY: DIGITAL TRANSFORMATION MARKET, BY OFFERING,
2024–2030 (USD MILLION) 221
TABLE 158 SPAIN: DIGITAL TRANSFORMATION MARKET, BY OFFERING,
2019–2023 (USD MILLION) 222
TABLE 159 SPAIN: DIGITAL TRANSFORMATION MARKET, BY OFFERING,
2024–2030 (USD MILLION) 222
TABLE 160 FINLAND: DIGITAL TRANSFORMATION MARKET, BY OFFERING,
2019–2023 (USD MILLION) 223
TABLE 161 FINLAND: DIGITAL TRANSFORMATION MARKET, BY OFFERING,
2024–2030 (USD MILLION) 223
TABLE 162 REST OF EUROPE: DIGITAL TRANSFORMATION MARKET, BY OFFERING,
2019–2023 (USD MILLION) 224
TABLE 163 REST OF EUROPE: DIGITAL TRANSFORMATION MARKET, BY OFFERING,
2024–2030 (USD MILLION) 224
TABLE 164 ASIA PACIFIC: DIGITAL TRANSFORMATION MARKET, BY OFFERING,
2019–2023 (USD BILLION) 226
TABLE 165 ASIA PACIFIC: DIGITAL TRANSFORMATION MARKET, BY OFFERING,
2024–2030 (USD BILLION) 227
TABLE 166 ASIA PACIFIC: DIGITAL TRANSFORMATION MARKET, BY SOFTWARE TYPE,
2019–2023 (USD BILLION) 227
TABLE 167 ASIA PACIFIC: DIGITAL TRANSFORMATION MARKET, BY SOFTWARE TYPE,
2024–2030 (USD BILLION) 227
TABLE 168 ASIA PACIFIC: DIGITAL TRANSFORMATION MARKET, BY DEPLOYMENT MODE, 2019–2023 (USD BILLION) 227
TABLE 169 ASIA PACIFIC: DIGITAL TRANSFORMATION MARKET, BY DEPLOYMENT MODE, 2024–2030 (USD BILLION) 228
TABLE 170 ASIA PACIFIC: DIGITAL TRANSFORMATION MARKET, BY SERVICE,
2019–2023 (USD BILLION) 228
TABLE 171 ASIA PACIFIC: DIGITAL TRANSFORMATION MARKET, BY SERVICE,
2024–2030 (USD BILLION) 228
TABLE 172 ASIA PACIFIC: DIGITAL TRANSFORMATION MARKET, BY TECHNOLOGY,
2019–2023 (USD BILLION) 228
TABLE 173 ASIA PACIFIC: DIGITAL TRANSFORMATION MARKET, BY TECHNOLOGY,
2024–2030 (USD BILLION) 229
TABLE 174 ASIA PACIFIC: DIGITAL TRANSFORMATION MARKET, BY BUSINESS FUNCTION, 2019–2023 (USD BILLION) 229
TABLE 175 ASIA PACIFIC: DIGITAL TRANSFORMATION MARKET, BY BUSINESS FUNCTION, 2024–2030 (USD BILLION) 229
TABLE 176 ASIA PACIFIC: DIGITAL TRANSFORMATION MARKET, BY VERTICAL,
2019–2023 (USD BILLION) 230
TABLE 177 ASIA PACIFIC: DIGITAL TRANSFORMATION MARKET, BY VERTICAL,
2024–2030 (USD BILLION) 230
TABLE 178 ASIA PACIFIC: DIGITAL TRANSFORMATION MARKET, BY SUBREGION/COUNTRY, 2019–2023 (USD BILLION) 231
TABLE 179 ASIA PACIFIC: DIGITAL TRANSFORMATION MARKET, BY SUBREGION/COUNTRY, 2024–2030 (USD BILLION) 231
TABLE 180 CHINA: DIGITAL TRANSFORMATION MARKET, BY OFFERING,
2019–2023 (USD MILLION) 232
TABLE 181 CHINA: DIGITAL TRANSFORMATION MARKET, BY OFFERING,
2024–2030 (USD MILLION) 232
TABLE 182 INDIA: DIGITAL TRANSFORMATION MARKET, BY OFFERING,
2019–2023 (USD MILLION) 233
TABLE 183 INDIA: DIGITAL TRANSFORMATION MARKET, BY OFFERING,
2024–2030 (USD MILLION) 233
TABLE 184 JAPAN: DIGITAL TRANSFORMATION MARKET, BY OFFERING,
2019–2023 (USD MILLION) 234
TABLE 185 JAPAN: DIGITAL TRANSFORMATION MARKET, BY OFFERING,
2024–2030 (USD MILLION) 234
TABLE 186 SOUTH KOREA: DIGITAL TRANSFORMATION MARKET, BY OFFERING,
2019–2023 (USD MILLION) 235
TABLE 187 SOUTH KOREA: DIGITAL TRANSFORMATION MARKET, BY OFFERING,
2024–2030 (USD MILLION) 235
TABLE 188 AUSTRALIA & NEW ZEALAND: DIGITAL TRANSFORMATION MARKET, BY OFFERING, 2019–2023 (USD MILLION) 236
TABLE 189 AUSTRALIA & NEW ZEALAND: DIGITAL TRANSFORMATION MARKET, BY OFFERING, 2024–2030 (USD MILLION) 236
TABLE 190 ASEAN COUNTRIES: DIGITAL TRANSFORMATION MARKET, BY OFFERING,
2019–2023 (USD MILLION) 237
TABLE 191 ASEAN COUNTRIES: DIGITAL TRANSFORMATION MARKET, BY OFFERING,
2024–2030 (USD MILLION) 238
TABLE 192 REST OF ASIA PACIFIC: DIGITAL TRANSFORMATION MARKET, BY OFFERING, 2019–2023 (USD MILLION) 239
TABLE 193 REST OF ASIA PACIFIC: DIGITAL TRANSFORMATION MARKET, BY OFFERING, 2024–2030 (USD MILLION) 239
TABLE 194 MIDDLE EAST & AFRICA: DIGITAL TRANSFORMATION MARKET, BY OFFERING, 2019–2023 (USD MILLION) 240
TABLE 195 MIDDLE EAST & AFRICA: DIGITAL TRANSFORMATION MARKET, BY OFFERING, 2024–2030 (USD MILLION) 241
TABLE 196 MIDDLE EAST & AFRICA: DIGITAL TRANSFORMATION MARKET, BY SOFTWARE TYPE, 2019–2023 (USD MILLION) 241
TABLE 197 MIDDLE EAST & AFRICA: DIGITAL TRANSFORMATION MARKET, BY SOFTWARE TYPE, 2024–2030 (USD MILLION) 241
TABLE 198 MIDDLE EAST & AFRICA: DIGITAL TRANSFORMATION MARKET, BY DEPLOYMENT MODE, 2019–2023 (USD MILLION) 241
TABLE 199 MIDDLE EAST & AFRICA: DIGITAL TRANSFORMATION MARKET, BY DEPLOYMENT MODE, 2024–2030 (USD MILLION) 242
TABLE 200 MIDDLE EAST & AFRICA: DIGITAL TRANSFORMATION MARKET, BY SERVICE, 2019–2023 (USD MILLION) 242
TABLE 201 MIDDLE EAST & AFRICA: DIGITAL TRANSFORMATION MARKET, BY SERVICE, 2024–2030 (USD MILLION) 242
TABLE 202 MIDDLE EAST & AFRICA: DIGITAL TRANSFORMATION MARKET, BY TECHNOLOGY, 2019–2023 (USD MILLION) 242
TABLE 203 MIDDLE EAST & AFRICA: DIGITAL TRANSFORMATION MARKET, BY TECHNOLOGY, 2024–2030 (USD MILLION) 243
TABLE 204 MIDDLE EAST & AFRICA: DIGITAL TRANSFORMATION MARKET, BY BUSINESS FUNCTION, 2019–2023 (USD MILLION) 243
TABLE 205 MIDDLE EAST & AFRICA: DIGITAL TRANSFORMATION MARKET, BY BUSINESS FUNCTION, 2024–2030 (USD MILLION) 243
TABLE 206 MIDDLE EAST & AFRICA: DIGITAL TRANSFORMATION MARKET, BY VERTICAL, 2019–2023 (USD BILLION) 244
TABLE 207 MIDDLE EAST & AFRICA: DIGITAL TRANSFORMATION MARKET, BY VERTICAL, 2024–2030 (USD BILLION) 244
TABLE 208 MIDDLE EAST & AFRICA: DIGITAL TRANSFORMATION MARKET, BY SUBREGION, 2019–2023 (USD MILLION) 245
TABLE 209 MIDDLE EAST & AFRICA: DIGITAL TRANSFORMATION MARKET, BY SUBREGION, 2024–2030 (USD MILLION) 245
TABLE 210 MIDDLE EAST: DIGITAL TRANSFORMATION MARKET, BY COUNTRY,
2019–2023 (USD MILLION) 245
TABLE 211 MIDDLE EAST: DIGITAL TRANSFORMATION MARKET, BY COUNTRY,
2024–2030 (USD MILLION) 246
TABLE 212 SAUDI ARABIA: DIGITAL TRANSFORMATION MARKET, BY OFFERING,
2019–2023 (USD MILLION) 247
TABLE 213 SAUDI ARABIA: DIGITAL TRANSFORMATION MARKET, BY OFFERING,
2024–2030 (USD MILLION) 247
TABLE 214 UAE: DIGITAL TRANSFORMATION MARKET, BY OFFERING,
2019–2023 (USD MILLION) 248
TABLE 215 UAE: DIGITAL TRANSFORMATION MARKET, BY OFFERING,
2024–2030 (USD MILLION) 248
TABLE 216 TURKEY: DIGITAL TRANSFORMATION MARKET, BY OFFERING,
2019–2023 (USD MILLION) 249
TABLE 217 TURKEY: DIGITAL TRANSFORMATION MARKET, BY OFFERING,
2024–2030 (USD MILLION) 249
TABLE 218 QATAR: DIGITAL TRANSFORMATION MARKET, BY OFFERING,
2019–2023 (USD MILLION) 250
TABLE 219 QATAR: DIGITAL TRANSFORMATION MARKET, BY OFFERING,
2024–2030 (USD MILLION) 250
TABLE 220 REST OF MIDDLE EAST: DIGITAL TRANSFORMATION MARKET, BY OFFERING, 2019–2023 (USD MILLION) 251
TABLE 221 REST OF MIDDLE EAST: DIGITAL TRANSFORMATION MARKET, BY OFFERING, 2024–2030 (USD MILLION) 251
TABLE 222 AFRICA: DIGITAL TRANSFORMATION MARKET, BY OFFERING,
2019–2023 (USD MILLION) 252
TABLE 223 AFRICA: DIGITAL TRANSFORMATION MARKET, BY OFFERING,
2024–2030 (USD MILLION) 252
TABLE 224 LATIN AMERICA: DIGITAL TRANSFORMATION MARKET, BY OFFERING,
2019–2023 (USD MILLION) 254
TABLE 225 LATIN AMERICA: DIGITAL TRANSFORMATION MARKET, BY OFFERING,
2024–2030 (USD MILLION) 254
TABLE 226 LATIN AMERICA: DIGITAL TRANSFORMATION MARKET, BY SOFTWARE TYPE,
2019–2023 (USD MILLION) 254
TABLE 227 LATIN AMERICA: DIGITAL TRANSFORMATION MARKET, BY SOFTWARE TYPE,
2024–2030 (USD MILLION) 255
TABLE 228 LATIN AMERICA: DIGITAL TRANSFORMATION MARKET, BY DEPLOYMENT MODE, 2019–2023 (USD MILLION) 255
TABLE 229 LATIN AMERICA: DIGITAL TRANSFORMATION MARKET, BY DEPLOYMENT MODE, 2024–2030 (USD MILLION) 255
TABLE 230 LATIN AMERICA: DIGITAL TRANSFORMATION MARKET, BY SERVICE,
2019–2023 (USD MILLION) 255
TABLE 231 LATIN AMERICA: DIGITAL TRANSFORMATION MARKET, BY SERVICE,
2024–2030 (USD MILLION) 256
TABLE 232 LATIN AMERICA: DIGITAL TRANSFORMATION MARKET, BY TECHNOLOGY,
2019–2023 (USD MILLION) 256
TABLE 233 LATIN AMERICA: DIGITAL TRANSFORMATION MARKET, BY TECHNOLOGY,
2024–2030 (USD MILLION) 256
TABLE 234 LATIN AMERICA: DIGITAL TRANSFORMATION MARKET, BY BUSINESS FUNCTION, 2019–2023 (USD MILLION) 257
TABLE 235 LATIN AMERICA: DIGITAL TRANSFORMATION MARKET, BY BUSINESS FUNCTION, 2024–2030 (USD MILLION) 257
TABLE 236 LATIN AMERICA: DIGITAL TRANSFORMATION MARKET, BY VERTICAL,
2019–2023 (USD BILLION) 257
TABLE 237 LATIN AMERICA: DIGITAL TRANSFORMATION MARKET, BY VERTICAL,
2024–2030 (USD BILLION) 258
TABLE 238 LATIN AMERICA: DIGITAL TRANSFORMATION MARKET, BY COUNTRY,
2019–2023 (USD MILLION) 258
TABLE 239 LATIN AMERICA: DIGITAL TRANSFORMATION MARKET, BY COUNTRY,
2024–2030 (USD MILLION) 259
TABLE 240 BRAZIL: DIGITAL TRANSFORMATION MARKET, BY OFFERING,
2019–2023 (USD MILLION) 260
TABLE 241 BRAZIL: DIGITAL TRANSFORMATION MARKET, BY OFFERING,
2024–2030 (USD MILLION) 260
TABLE 242 MEXICO: DIGITAL TRANSFORMATION MARKET, BY OFFERING,
2019–2023 (USD MILLION) 261
TABLE 243 MEXICO: DIGITAL TRANSFORMATION MARKET, BY OFFERING,
2024–2030 (USD MILLION) 261
TABLE 244 ARGENTINA: DIGITAL TRANSFORMATION MARKET, BY OFFERING,
2019–2023 (USD MILLION) 262
TABLE 245 ARGENTINA: DIGITAL TRANSFORMATION MARKET, BY OFFERING,
2024–2030 (USD MILLION) 262
TABLE 246 CHILE: DIGITAL TRANSFORMATION MARKET, BY OFFERING,
2019–2023 (USD MILLION) 263
TABLE 247 CHILE: DIGITAL TRANSFORMATION MARKET, BY OFFERING,
2024–2030 (USD MILLION) 263
TABLE 248 REST OF LATIN AMERICA: DIGITAL TRANSFORMATION MARKET, BY OFFERING, 2019–2023 (USD MILLION) 264
TABLE 249 REST OF LATIN AMERICA: DIGITAL TRANSFORMATION MARKET, BY OFFERING, 2024–2030 (USD MILLION) 264
TABLE 250 OVERVIEW OF STRATEGIES ADOPTED BY KEY DIGITAL TRANSFORMATION VENDORS 265
TABLE 251 DIGITAL TRANSFORMATION MARKET: DEGREE OF COMPETITION 269
TABLE 252 BUSINESS FUNCTION FOOTPRINT (23 COMPANIES) 274
TABLE 253 TECHNOLOGY FOOTPRINT (23 COMPANIES) 275
TABLE 254 VERTICAL FOOTPRINT (23 COMPANIES) 276
TABLE 255 REGIONAL FOOTPRINT (23 COMPANIES) 277
TABLE 256 DIGITAL TRANSFORMATION MARKET: DETAILED LIST OF KEY START-UPS/SMES 280
TABLE 257 DIGITAL TRANSFORMATION MARKET: COMPETITIVE BENCHMARKING OF START-UPS/SMES 281
TABLE 258 DIGITAL TRANSFORMATION MARKET: PRODUCT LAUNCHES AND ENHANCEMENTS, JANUARY 2021–AUGUST 2024 284
TABLE 259 DIGITAL TRANSFORMATION MARKET: DEALS, JANUARY 2021–AUGUST 2024 290
TABLE 260 MICROSOFT: COMPANY OVERVIEW 302
TABLE 261 MICROSOFT: PRODUCTS/SOLUTIONS/SERVICES OFFERED 303
TABLE 262 MICROSOFT: PRODUCT ENHANCEMENTS 304
TABLE 263 MICROSOFT: DEALS 304
TABLE 264 SAP: COMPANY OVERVIEW 307
TABLE 265 SAP: PRODUCTS/SOLUTIONS/SERVICES OFFERED 308
TABLE 266 SAP: PRODUCT LAUNCHES AND ENHANCEMENTS 309
TABLE 267 SAP: DEALS 310
TABLE 268 GOOGLE: COMPANY OVERVIEW 312
TABLE 269 GOOGLE: PRODUCTS/SOLUTIONS/SERVICES OFFERED 313
TABLE 270 GOOGLE: PRODUCT LAUNCHES AND ENHANCEMENTS 315
TABLE 271 GOOGLE: DEALS 316
TABLE 272 IBM: COMPANY OVERVIEW 319
TABLE 273 IBM: PRODUCTS/SOLUTIONS/SERVICES OFFERED 320
TABLE 274 IBM: PRODUCT LAUNCHES AND ENHANCEMENTS 322
TABLE 275 IBM: DEALS 322
TABLE 276 ORACLE: COMPANY OVERVIEW 324
TABLE 277 ORACLE: PRODUCTS/SOLUTIONS/SERVICES OFFERED 325
TABLE 278 ORACLE: PRODUCT ENHANCEMENTS 327
TABLE 279 ORACLE: DEALS 327
TABLE 280 ADOBE: COMPANY OVERVIEW 330
TABLE 281 ADOBE: PRODUCTS/SOLUTIONS/SERVICES OFFERED 331
TABLE 282 ADOBE: PRODUCT LAUNCHES AND ENHANCEMENTS 332
TABLE 283 ADOBE: DEALS 333
TABLE 284 SALESFORCE: COMPANY OVERVIEW 335
TABLE 285 SALESFORCE: PRODUCTS/SOLUTIONS/SERVICES OFFERED 336
TABLE 286 SALESFORCE: PRODUCT ENHANCEMENTS 337
TABLE 287 SALESFORCE: DEALS 338
TABLE 288 HPE: COMPANY OVERVIEW 340
TABLE 289 HPE: PRODUCTS/SOLUTIONS/SERVICES OFFERED 341
TABLE 290 HPE: PRODUCT ENHANCEMENTS 342
TABLE 291 HPE: DEALS 343
TABLE 292 HCL TECHNOLOGIES: COMPANY OVERVIEW 344
TABLE 293 HCL TECHNOLOGIES: PRODUCTS/SOLUTIONS/SERVICES OFFERED 345
TABLE 294 HCL TECHNOLOGIES: PRODUCT LAUNCHES 347
TABLE 295 HCL TECHNOLOGIES: DEALS 347
TABLE 296 AWS: COMPANY OVERVIEW 349
TABLE 297 AWS: PRODUCTS/SOLUTIONS/SERVICES OFFERED 350
TABLE 298 AWS: PRODUCT LAUNCHES AND ENHANCEMENTS 352
TABLE 299 AWS: DEALS 353
TABLE 300 ARTIFICIAL INTELLIGENCE MARKET, BY OFFERING, 2019–2023 (USD MILLION) 381
TABLE 301 ARTIFICIAL INTELLIGENCE MARKET, BY OFFERING, 2024–2030 (USD BILLION) 381
TABLE 302 ARTIFICIAL INTELLIGENCE MARKET, BY TECHNOLOGY, 2019–2023 (USD BILLION) 382
TABLE 303 ARTIFICIAL INTELLIGENCE MARKET, BY TECHNOLOGY, 2024–2030 (USD BILLION) 382
TABLE 304 ARTIFICIAL INTELLIGENCE MARKET, BY BUSINESS FUNCTION,
2019–2023 (USD BILLION) 383
TABLE 305 ARTIFICIAL INTELLIGENCE MARKET, BY BUSINESS FUNCTION,
2024–2030 (USD BILLION) 383
TABLE 306 ARTIFICIAL INTELLIGENCE MARKET, BY VERTICAL, 2019–2023 (USD BILLION) 384
TABLE 307 ARTIFICIAL INTELLIGENCE MARKET, BY VERTICAL, 2024–2030 (USD BILLION) 384
TABLE 308 ARTIFICIAL INTELLIGENCE MARKET, BY REGION, 2019–2023 (USD BILLION) 385
TABLE 309 ARTIFICIAL INTELLIGENCE MARKET, BY REGION, 2024–2030 (USD BILLION) 385
TABLE 310 CLOUD COMPUTING MARKET, BY SERVICE MODEL, 2018–2022 (USD BILLION) 387
TABLE 311 CLOUD COMPUTING MARKET, BY SERVICE MODEL, 2023–2028 (USD BILLION) 387
TABLE 312 CLOUD COMPUTING MARKET, BY DEPLOYMENT MODEL,
2018–2022 (USD BILLION) 387
TABLE 313 CLOUD COMPUTING MARKET, BY DEPLOYMENT MODEL,
2023–2028 (USD BILLION) 388
TABLE 314 CLOUD COMPUTING MARKET, BY ORGANIZATION SIZE, 2018–2022 (USD BILLION) 388
TABLE 315 CLOUD COMPUTING MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD BILLION) 388
TABLE 316 CLOUD COMPUTING MARKET, BY VERTICAL, 2018–2022 (USD BILLION) 389
TABLE 317 CLOUD COMPUTING MARKET, BY VERTICAL, 2023–2028 (USD BILLION) 389
TABLE 318 CLOUD COMPUTING MARKET, BY REGION, 2018–2022 (USD BILLION) 390
TABLE 319 CLOUD COMPUTING MARKET, BY REGION, 2023–2028 (USD BILLION) 390
LIST OF FIGURES
FIGURE 1 DIGITAL TRANSFORMATION MARKET: RESEARCH DESIGN 45
FIGURE 2 DATA TRIANGULATION 48
FIGURE 3 DIGITAL TRANSFORMATION MARKET: TOP-DOWN AND BOTTOM-UP APPROACHES 49
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY – APPROACH 1, BOTTOM-UP (SUPPLY-SIDE): REVENUE FROM SOLUTIONS/SERVICES OF DIGITAL TRANSFORMATION MARKET 50
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY – APPROACH 2, BOTTOM-UP (SUPPLY SIDE): COLLECTIVE REVENUE FROM ALL SOLUTIONS/SERVICES OF DIGITAL TRANSFORMATION MARKET 51
FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY – APPROACH 3, BOTTOM-UP (SUPPLY-SIDE): COLLECTIVE REVENUE FROM ALL SOLUTIONS/SERVICES OF DIGITAL TRANSFORMATION MARKET 52
FIGURE 7 MARKET SIZE ESTIMATION METHODOLOGY – APPROACH 4, BOTTOM-UP (DEMAND-SIDE): SHARE OF DIGITAL TRANSFORMATION THROUGH OVERALL TECHNOLOGY SPENDING 52
FIGURE 8 SOFTWARE SEGMENT TO HOLD LARGER MARKET SIZE IN 2024 59
FIGURE 9 BUSINESS PROCESS TRANSFORMATION SEGMENT TO ACCOUNT FOR LARGEST MARKET IN 2024 60
FIGURE 10 CLOUD SEGMENT TO ACCOUNT FOR LARGER DEPLOYMENT MODE DURING FORECAST PERIOD 60
FIGURE 11 PROFESSIONAL SERVICES SEGMENT TO HOLD LARGER MARKET SHARE IN 2024 60
FIGURE 12 TRAINING & CONSULTING SERVICES SEGMENT TO REGISTER LARGEST MARKET
IN 2024 61
FIGURE 13 CLOUD COMPUTING TECHNOLOGY SEGMENT TO ACCOUNT FOR LARGEST MARKET IN 2024 61
FIGURE 14 MARKETING & SALES BUSINESS FUNCTION TO ACCOUNT FOR LARGEST MARKET SHARE IN 2024 61
FIGURE 15 BFSI TO WITNESS HIGHEST GROWTH RATE DURING FORECAST PERIOD 62
FIGURE 16 ASIA PACIFIC TO REGISTER HIGHEST GROWTH RATE DURING FORECAST PERIOD 62
FIGURE 17 INCREASING DEMAND FOR CLOUD COMPUTING AND ARTIFICIAL INTELLIGENCE TO DRIVE MARKET GROWTH 63
FIGURE 18 ARTIFICIAL INTELLIGENCE SEGMENT TO ACCOUNT FOR HIGHEST GROWTH RATE DURING FORECAST PERIOD 64
FIGURE 19 SOFTWARE AND BFSI SEGMENTS TO BE LARGEST SHAREHOLDERS IN NORTH AMERICAN DIGITAL TRANSFORMATION MARKET IN 2024 64
FIGURE 20 NORTH AMERICA TO HOLD LARGEST MARKET SHARE IN 2024 65
FIGURE 21 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES: DIGITAL TRANSFORMATION MARKET 66
FIGURE 22 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS 72
FIGURE 23 AVERAGE SELLING PRICES OF KEY PLAYERS FOR TOP THREE TECHNOLOGIES 73
FIGURE 24 DIGITAL TRANSFORMATION MARKET: SUPPLY CHAIN ANALYSIS 75
FIGURE 25 MARKET POTENTIAL OF GENERATIVE AI IN ENHANCING DIGITAL TRANSFORMATION ACROSS INDUSTRIES 77
FIGURE 26 KEY PLAYERS IN DIGITAL TRANSFORMATION MARKET ECOSYSTEM 81
FIGURE 27 NUMBER OF PATENTS GRANTED FOR DIGITAL TRANSFORMATION MARKET,
2015–2024 86
FIGURE 28 REGIONAL ANALYSIS OF PATENTS GRANTED FOR DIGITAL TRANSFORMATION MARKET, 2015–2024 89
FIGURE 29 DIGITAL TRANSFORMATION MARKET: PORTER’S FIVE FORCES ANALYSIS 97
FIGURE 30 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE VERTICALS 99
FIGURE 31 KEY BUYING CRITERIA FOR TOP THREE VERTICALS 100
FIGURE 32 EVOLUTION OF DIGITAL TRANSFORMATION MARKET 101
FIGURE 33 TECHNOLOGY ROADMAP OF DIGITAL TRANSFORMATION MARKET, 2023–2030 102
FIGURE 34 BUSINESS MODELS OF DIGITAL TRANSFORMATION MARKET 104
FIGURE 35 MATURITY MODELS OF DIGITAL TRANSFORMATION MARKET 105
FIGURE 36 INVESTMENT LANDSCAPE AND FUNDING SCENARIO (USD MILLION AND NUMBER OF FUNDING ROUNDS) 105
FIGURE 37 SERVICES SEGMENT TO REGISTER HIGHER CAGR DURING FORECAST PERIOD 112
FIGURE 38 BUSINESS PROCESS TRANSFORMATION SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 114
FIGURE 39 CLOUD DEPLOYMENT MODE TO REGISTER HIGHER CAGR DURING FORECAST PERIOD 120
FIGURE 40 MANAGED SERVICES SEGMENT TO REGISTER HIGHER CAGR DURING FORECAST PERIOD 123
FIGURE 41 ARTIFICIAL INTELLIGENCE TECHNOLOGY TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD 133
FIGURE 42 ACCOUNTING & FINANCE BUSINESS FUNCTION TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD 152
FIGURE 43 BFSI SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD 161
FIGURE 44 ASIA PACIFIC TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 200
FIGURE 45 INDIA TO REGISTER HIGHEST GROWTH RATE IN DIGITAL TRANSFORMATION MARKET DURING FORECAST PERIOD 201
FIGURE 46 NORTH AMERICA: MARKET SNAPSHOT 203
FIGURE 47 ASIA PACIFIC: MARKET SNAPSHOT 226
FIGURE 48 TOP FIVE PLAYERS DOMINATING MARKET FOR PAST FIVE YEARS 267
FIGURE 49 SHARE OF LEADING COMPANIES IN DIGITAL TRANSFORMATION MARKET, 2023 268
FIGURE 50 DIGITAL TRANSFORMATION MARKET: COMPANY EVALUATION MATRIX
(KEY PLAYERS), 2023 272
FIGURE 51 COMPANY FOOTPRINT (23 COMPANIES) 273
FIGURE 52 DIGITAL TRANSFORMATION MARKET: COMPANY EVALUATION MATRIX
(START-UPS/SMES), 2023 279
FIGURE 53 BRAND/PRODUCT COMPARISON 282
FIGURE 54 COMPANY VALUATION AND FINANCIAL METRICS OF KEY VENDORS 283
FIGURE 55 YEAR-TO-DATE (YTD) PRICE TOTAL RETURN AND 5-YEAR STOCK BETA OF KEY VENDORS 284
FIGURE 56 MICROSOFT: COMPANY SNAPSHOT 302
FIGURE 57 SAP: COMPANY SNAPSHOT 308
FIGURE 58 GOOGLE: COMPANY SNAPSHOT 313
FIGURE 59 IBM: COMPANY SNAPSHOT 320
FIGURE 60 ORACLE: COMPANY SNAPSHOT 325
FIGURE 61 ADOBE: COMPANY SNAPSHOT 331
FIGURE 62 SALESFORCE: COMPANY SNAPSHOT 336
FIGURE 63 HPE: COMPANY SNAPSHOT 341
FIGURE 64 HCL TECHNOLOGIES: COMPANY SNAPSHOT 345
FIGURE 65 AWS: COMPANY SNAPSHOT 350
