{"id":69882,"date":"2020-09-16T19:00:00","date_gmt":"2020-09-16T19:00:00","guid":{"rendered":"https:\/\/icrowdnewswire.com\/?p=2728459"},"modified":"2020-09-16T19:00:00","modified_gmt":"2020-09-16T19:00:00","slug":"digital-transformation-market-projected-to-reach-1009-8-billion-by-2025-with-a-remarkable-cagr-of-16-5","status":"publish","type":"post","link":"https:\/\/ipsnews.net\/business\/2020\/09\/16\/digital-transformation-market-projected-to-reach-1009-8-billion-by-2025-with-a-remarkable-cagr-of-16-5\/","title":{"rendered":"Digital Transformation Market projected to reach $1009.8 Billion by 2025, with a remarkable CAGR of 16.5%"},"content":{"rendered":"

According to a new market research report<\/strong> “Digital Transformation Market<\/a> by Technology (Cloud Computing, Big Data and Analytics, Mobility\/Social Media, Cybersecurity, Artificial Intelligence), Deployment Type, Vertical (BFSI, Retail, Education), and Region – Global Forecast to 2025″,<\/strong> by MarketsandMarkets, the market size is expected to grow from USD 469.8 billion in 2020 to USD 1009.8 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 16.5% during the forecast period. Major factors fueling the market growth are the increasing penetration of mobile devices and app and the increasing adoption of cloud services.<\/p>\n

Browseand in-depth TOC on<\/em> “<\/strong>Digital Transformation Market<\/strong>” <\/strong><\/p>\n

247 – Tables<\/strong><\/p>\n

56 – Figures <\/strong><\/p>\n

274 – Pages <\/strong><\/p>\n

Download PDF Brochure @ <\/strong>https:\/\/www.marketsandmarkets.com\/pdfdownloadNew.asp?id=43010479<\/a><\/p>\n

The large enterprises segment to hold a larger market size during the forecast period<\/strong><\/p>\n

The digital transformation market is segmented into large enterprises and Small and Medium-sized Enterprises (SMEs) by organization size. The large enterprises segment is expected to have a larger market size during the forecast period, owing to large volumes of data being generated by large enterprises and the increasing demand for real-time digital transformation. However, the SMEs segment is expected to grow at a higher CAGR during the forecast period<\/p>\n

Digitalization helps enterprises achieve growth and attain scalability by generating more employment. It has become important for large enterprises to invest more in digital for achieving growth and sustaining in the market leading to the adoption of digital transformation. Investments done in digitalization enables enterprises to discover new opportunities for maximizing customer experiences and operational efficiencies<\/p>\n

By vertical, Education industry vertical to grow at the highest CAGR during the forecast period<\/strong><\/p>\n

The digital transformation market by vertical has been segmented into banking, financial services, and insurance (BFSI), healthcare, IT and telecom, education, retail, media and entertainment, manufacturing, government, and others (transportation and logistics, and travel and hospitality). The rapid adoption of the internet and Bring Your Own Device (BYOD) trend in the education industry have led to the growth of the digital transformation market across the globe in this vertical.<\/p>\n

Speak to Our Expert Analyst @ <\/strong>https:\/\/www.marketsandmarkets.com\/speaktoanalystNew.asp?id=43010479<\/a><\/p>\n

North America to hold the largest market size during the forecast period<\/strong><\/p>\n

North America is becoming a new hotspot in the digital transformation market, due to rising investments in the process of digitalization across potential economies and is an extremely open market for digital transformation. The indispensable requirement of companies to transform their traditional business operations into digital, and the rapid adoption of mobile devices, IoT solutions, and cloud technology, have led to the increased adoption of digital transformation solutions in this region.<\/p>\n

Major vendors in the global digital transformation market are Microsoft (US), SAP (Germany), Cognizant (US), Adobe (US), Dell EMC (US), IBM (US), Google (US), Marlabs (US), Accenture (Ireland), Broadcom (US), Equinix (US), Oracle (US), HPE (US), HCL Technologies (India), Tibco software (US), Alcor Solutions (US), Smartstream (UK), Yash Technologies (US), Interfacing (Canada), Kissflow (India), Emudhra (India), Process Maker (US), Process Street (US), Happiest Minds (India), Scoro (UK), Brillio (US), Aexonic Technologies (US).<\/p>\n

Browse Adjacent Markets @ Analytics Market Research<\/a><\/strong> Reports & Consulting<\/strong><\/p>\n

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MarketsandMarkets\"™\" provides quantified B2B research on 30,000 high growth niche opportunities\/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets\"™\" for their pain points around revenues decisions.<\/p>\n

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

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Tags: Digital Transformation Market growth<\/a>, Digital Transformation Market Share<\/a>, Digital Transformation Market Trends<\/a>, Digital Transformation Market Size<\/a>, Digital Transformation Market<\/a><\/p>\n

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Contact Information:<\/b>
Mr. Aashish Mehra
\nMarketsandMarkets\"™\" INC.
\n630 Dundee Road
\nSuite 430
\nNorthbrook, IL 60062
\nUSA: 1-888-600-6441<\/p>\n

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Contact Information:<\/h3>\n

Mr. Aashish Mehra
\nMarketsandMarkets\u2122 INC.
\n630 Dundee Road
\nSuite 430
\nNorthbrook, IL 60062
\nUSA: 1-888-600-6441<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

According to a new market research report “Digital Transformation Market by Technology (Cloud Computing, Big Data and Analytics, Mobility\/Social Media, Cybersecurity, Artificial Intelligence), Deployment Type, Vertical (BFSI, Retail, Education), and Region – Global Forecast to 2025″, by MarketsandMarkets, the market size is expected to grow from USD 469.8 billion in 2020 to USD 1009.8 billion … Continue reading Digital Transformation Market projected to reach $1009.8 Billion by 2025, with a remarkable CAGR of 16.5%<\/span><\/a> Continue Reading →<\/span><\/a><\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,5,67,57,4,54],"tags":[],"class_list":["post-69882","post","type-post","status-publish","format-standard","hentry","category-english","category-extended-distribution","category-icn-internal-distribution","category-ips","category-research-newswire","category-wire"],"yoast_head":"\nDigital Transformation Market projected to reach $1009.8 Billion by 2025, with a remarkable CAGR of 16.5% - Business<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/ipsnews.net\/business\/2020\/09\/16\/digital-transformation-market-projected-to-reach-1009-8-billion-by-2025-with-a-remarkable-cagr-of-16-5\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Digital Transformation Market projected to reach $1009.8 Billion by 2025, with a remarkable CAGR of 16.5% - Business\" \/>\n<meta property=\"og:description\" content=\"According to a new market research report “Digital Transformation Market by Technology (Cloud Computing, Big Data and Analytics, Mobility\/Social Media, Cybersecurity, Artificial Intelligence), Deployment Type, Vertical (BFSI, Retail, Education), and Region – Global Forecast to 2025″, by MarketsandMarkets, the market size is expected to grow from USD 469.8 billion in 2020 to USD 1009.8 billion … Continue reading Digital Transformation Market projected to reach $1009.8 Billion by 2025, with a remarkable CAGR of 16.5% Continue Reading →\" \/>\n<meta property=\"og:url\" content=\"http:\/\/ipsnews.net\/business\/2020\/09\/16\/digital-transformation-market-projected-to-reach-1009-8-billion-by-2025-with-a-remarkable-cagr-of-16-5\/\" \/>\n<meta property=\"og:site_name\" content=\"Business\" \/>\n<meta property=\"article:published_time\" content=\"2020-09-16T19:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/s.w.org\/images\/core\/emoji\/13.0.0\/72x72\/2122.png\" \/>\n<meta name=\"author\" content=\"SamirS\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"SamirS\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"http:\/\/ipsnews.net\/business\/2020\/09\/16\/digital-transformation-market-projected-to-reach-1009-8-billion-by-2025-with-a-remarkable-cagr-of-16-5\/\",\"url\":\"http:\/\/ipsnews.net\/business\/2020\/09\/16\/digital-transformation-market-projected-to-reach-1009-8-billion-by-2025-with-a-remarkable-cagr-of-16-5\/\",\"name\":\"Digital Transformation Market projected to reach $1009.8 Billion by 2025, with a remarkable CAGR of 16.5% - 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