Digital Transformation Market by Component, Technology (Cloud Computing, Big Data & Analytics, Mobility & Social Media Management, Cybersecurity, AI), Deployment Mode, Organization Size, Business Function, Vertical and Region - Global Forecast to 2027
Digital Transformation Market by Component, Technology (Cloud Computing, Big Data & Analytics, Mobility & Social Media Management, Cybersecurity, AI), Deployment Mode, Organization Size, Business Function, Vertical and Region - Global Forecast to 2027
Abstract
The global digital transformation market size is expected to grow at a Compound Annual Growth Rate (CAGR) of 21.1% during the forecast period, to reach USD 1,548.9 Billion by 2027 from USD 594.5 Billion in 2022. The key elements anticipated to propel the adoption of digital transformation market technology throughout the forecast period are rising expenditure on marketing efforts, rising spending on television commercials, and changing consumer intelligence landscapes. In addition, the use of digital technology has led to developments that are reflected in the Digital Transformation Market. During the projection period, the adoption of the digital transformation market will increase due to its use across organizational processes, companies, competencies, and procedures.
The improvement of organizational functions, workforce optimization, and conversion of an organization's offerings and services are all achieved with the help of the digital transformation market, which is anticipated to fuel the market's expansion in the years to come. Manufacturers now require digitalization due to the development of digital technologies such as big data & analytics, cloud computing, blockchain, mobility, AI, robotics, IoT, and cybersecurity. These innovations are also used by businesses to enhance client relationships and add new features to their existing business processes, which is causing businesses to adopt digital transformation.
The AI technology to have the highest CAGR during the forecast period
By technology, the digital transformation market has been segmented into cloud computing, big data & analytics, mobility & social media management, cybersecurity, AI, IoT and other technologies. The CAGR of the AI technology is estimated to be the largest during the forecast period. The use of advanced technologies such as cloud, IoT, big data & analytics, mobility & social media management, AI and cybersecurity had led to innovate and transformation, stimulating the growth of business ecosystem. In the market for digital transformation, AI increases consumer satisfaction, which accelerates the market adoption of AI technology. The rise of artificial intelligence had changed how data is gathered and evaluated.
The Large Enterprises segment to register for the largest market size during the forecast period
The digital transformation market has been segmented by organization size into large enterprises and SMEs. The market for Large Enterprises is expected to register for the largest market size during the forecast period. Solutions for digital transformation are used by large businesses to improve operational effectiveness and consumer experiences. To develop a data-driven strategy, they must integrate, categorize, and evaluate a vast amount of data from many operations.
Among business functions, Other business functions is register to grow at highest CAGR during the forecast period
Legal, supply chain, and operations are included under other business functions. The legal industry must digitally alter all aspects of the legal experience, including service delivery, workflows, processes, team communications, and client involvement. The efficiency and workflow at a traditional law firm could seem slower than what clients expect from contemporary digital technologies, which provide instant satisfaction. Businesses are utilizing digital technology to share assets and information in unique ways related to the supply chain. The capabilities of the technologies that are accessible to organisations have a significant impact on the rate of supply chain digitalization. A s developers designed applications to benefit from the data produced by ERP systems, one of the first business functions to experience substantial technical advancements is supply chain management.
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 Managers: 40%
By Region: APAC: 25%, Europe: 30%, North America: 30%, MEA: 10%, Latin America: 5%
The report includes the study of key players offering digital transformation solutions and services. It profiles major vendors in the global digital transformation market. The major vendors in the global digital transformation market include Microsoft (US), SAP (Germany), Baidu (China), Adobe Systems (US), Alibaba (China), IBM (US), Google (US), Marlabs (US), Salesforce (US), Broadcom (CA Technologies) (US), Equinix (US), Oracle (US), Hewlett Packard Enterprise (US), HCL Technologies (India), Tibco Software (US), Alcor Solutions (US), Smartstream (US), Yash Technologies (US), Interfacing (US), Kissflow (India), eMudhra (India), ProcessMaker (US), Process Street (US), Happiest Minds (India), Scoro (UK), Dempton Consulting Group (Canada), Brillio (US), and Aexonic Technologies (India).
Research Coverage
The market study covers the digital transformation market across segments. It aims at estimating the market size and the growth potential of this market across different segments, such as components, technology, deployment mode, organization size, business function, vertical, and region. It includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.
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.
Content
Table of Content
1INTRODUCTION30
1.1STUDY OBJECTIVES30
1.2MARKET DEFINITION30
1.2.1INCLUSIONS AND EXCLUSIONS31
1.3MARKET SCOPE31
1.3.1MARKET SEGMENTATION32
1.3.2REGIONS COVERED32
1.3.3YEARS CONSIDERED33
1.4CURRENCY CONSIDERED33
TABLE 1UNITED STATES DOLLAR EXCHANGE RATE, 2019–202133
1.5STAKEHOLDERS33
1.6SUMMARY OF CHANGES34
2RESEARCH METHODOLOGY35
2.1RESEARCH DATA35
FIGURE 1DIGITAL TRANSFORMATION MARKET: RESEARCH DESIGN36
2.1.1SECONDARY DATA37
2.1.2PRIMARY DATA37
TABLE 2LIST OF PRIMARY INTERVIEWS37
2.1.2.1Breakup of primary sources38
2.1.2.2Key industry insights38
2.2DATA TRIANGULATION39
FIGURE 2DATA TRIANGULATION39
2.3MARKET SIZE ESTIMATION40
FIGURE 3DIGITAL TRANSFORMATION MARKET: TOP-DOWN AND BOTTOM-UP APPROACHES40
2.3.1TOP-DOWN APPROACH40
2.3.2BOTTOM-UP APPROACH41
FIGURE 4MARKET SIZE ESTIMATION METHODOLOGY-APPROACH 1 (SUPPLY SIDE): REVENUE OF SOLUTIONS/SERVICES OF DIGITAL TRANSFORMATION MARKET41
FIGURE 5MARKET SIZE ESTIMATION METHODOLOGY-APPROACH 2 - BOTTOM-UP (SUPPLY SIDE): COLLECTIVE REVENUE OF ALL SOLUTIONS/SERVICES OF DIGITAL TRANSFORMATION MARKET42
FIGURE 6MARKET SIZE ESTIMATION METHODOLOGY-APPROACH 3, BOTTOM-UP SUPPLY-SIDE): COLLECTIVE REVENUE FROM ALL SOFTWARE/SERVICES OF DIGITAL TRANSFORMATION MARKET43
FIGURE 7MARKET SIZE ESTIMATION METHODOLOGY-APPROACH 4, BOTTOM-UP (DEMAND-SIDE): SHARE OF DIGITAL TRANSFORMATION THROUGH OVERALL DIGITAL TRANSFORMATION SPENDING43
2.4MARKET FORECAST44
TABLE 3FACTOR ANALYSIS44
2.5COMPANY EVALUATION MATRIX45
FIGURE 8COMPANY EVALUATION MATRIX: CRITERIA WEIGHTAGE45
2.6STARTUP/SME EVALUATION MATRIX METHODOLOGY46
FIGURE 9STARTUP/SME EVALUATION MATRIX: CRITERIA WEIGHTAGE46
2.7STUDY ASSUMPTIONS46
2.8STUDY LIMITATIONS48
3EXECUTIVE SUMMARY49
TABLE 4GLOBAL DIGITAL TRANSFORMATION MARKET SIZE AND GROWTH RATE, 2016–2021 (USD MILLION, Y-O-Y %)50
TABLE 5GLOBAL DIGITAL TRANSFORMATION MARKET SIZE AND GROWTH RATE, 2022–2027 (USD MILLION, Y-O-Y %)50
FIGURE 10SOLUTIONS SEGMENT TO ACCOUNT FOR LARGER MARKET SHARE IN 202250
FIGURE 11CONSULTING SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE IN 202251
FIGURE 12MOBILITY & SOCIAL MEDIA MANAGEMENT SEGMENT TO DOMINATE DIGITAL TRANSFORMATION MARKET IN 202251
FIGURE 13CLOUD SEGMENT TO ACCOUNT FOR LARGER DIGITAL TRANSFORMATION MARKET IN 202252
FIGURE 14LARGE ENTERPRISES SEGMENT TO DOMINATE DIGITAL TRANSFORMATION MARKET IN 202252
FIGURE 15BANKING, FINANCIAL SERVICES, AND INSURANCE SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE IN 202253
FIGURE 16MARKETING & SALES SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE IN 202253
FIGURE 17NORTH AMERICA TO ACCOUNT FOR LARGEST MARKET SHARE IN 202254
4PREMIUM INSIGHTS55
4.1ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN DIGITAL TRANSFORMATION MARKET55
FIGURE 18DEMAND FOR PERSONALIZED DIGITAL TRANSFORMATION TO DRIVE MARKET GROWTH DURING FORECAST PERIOD55
4.2DIGITAL TRANSFORMATION MARKET: BY REGION55
FIGURE 19NORTH AMERICA TO ACCOUNT FOR LARGEST MARKET SHARE IN 202255
4.3DIGITAL TRANSFORMATION MARKET: TOP THREE TECHNOLOGIES56
FIGURE 20BANKING, FINANCIAL SERVICES, AND INSURANCE SEGMENT TO ACCOUNT FOR LARGEST MARKET SIZE DURING FORECAST PERIOD56
4.4DIGITAL TRANSFORMATION MARKET, BY TECHNOLOGY AND VERTICAL56
FIGURE 21MOBILITY & SOCIAL MEDIA MANAGEMENT AND BANKING, FINANCIAL SERVICES, AND INSURANCE SEGMENTS TO ACCOUNT FOR LARGE SHARES BY 202756
5MARKET OVERVIEW AND INDUSTRY TRENDS57
5.1INTRODUCTION57
5.2MARKET DYNAMICS57
FIGURE 22DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES: DIGITAL TRANSFORMATION MARKET58
5.2.1DRIVERS58
5.2.1.1Rising adoption of big data and other related technologies58
5.2.1.2Advent of ML and digital transformation59
5.2.1.3Cost benefits of cloud-based digital transformation solutions60
5.2.1.4Rapid proliferation of mobile devices and apps60
5.2.1.5Adoption and scaling of digital initiatives60
5.2.2RESTRAINTS61
5.2.2.1Changing regional data regulations to lead to time-consuming restructuring of predictive models61
5.2.2.2Data security concerns61
5.2.2.3Issues about privacy and security of information62
5.2.3OPPORTUNITIES62
5.2.3.1Rising internet proliferation and growing usage of connected and integrated technologies62
5.2.3.2Demand for personalized digital transformation62
5.2.3.3Increasing willingness of organizations to use digital technology63
5.2.4CHALLENGES63
5.2.4.1Integration of data from data silos63
5.2.4.2Issues related to IT modernization63
5.2.4.3Ownership and privacy of collected data64
5.3DIGITAL TRANSFORMATION: EVOLUTION64
FIGURE 23EVOLUTION OF DIGITAL TRANSFORMATION64
5.4ECOSYSTEM65
TABLE 6DIGITAL TRANSFORMATION MARKET: ECOSYSTEM65
5.5CASE STUDY ANALYSIS66
5.5.1BANKING, FINANCIAL SERVICES, AND INSURANCE66
5.5.1.1Case study 1: Cognizant’s AI and Automation solution helped insurance company improve insurance claims process66
5.5.1.2Case study 2: Microsoft Azure platform enabled Milliman Consulting to improve its business models67
5.5.1.3Case study 3: BSE made real-time decisions and reduced operational costs with Cloudera solutions67
5.5.2TELECOMMUNICATION68
5.5.2.1Case study 1: American Telecommunication Service Provider (TSP) collaborated with HCL to refine its digital journey68
5.5.2.2Case study 2: A1 Srbija accelerated 5G, revolutionizing digital services with HPE solutions68
5.5.3RETAIL & ECOMMERCE69
5.5.3.1Case study 1: ASOS used Microsoft Azure ML service to reduce time-to-market for recommendations model69
5.5.3.2Case study 2: Walmart optimized shopping experience by applying data mining69
5.5.3.3Case study 3: DOCOMO Digital categorized user behavior and improved campaign targeting by deploying Cloudera solutions70
5.5.4ENERGY & UTILITIES70
5.5.4.1Case study 1: Searcher Seismic made easy access in oil & gas industry with Cloudera solutions70
5.5.4.2Case study 2: TechnipFMC created data centralization by deploying Cloudera solutions71
5.5.5TRANSPORTATION & LOGISTICS71
5.5.5.1Case study 1: Scania made decisions related to route diversions with Cloudera based on live streaming traffic information71
5.5.6HEALTHCARE & LIFE SCIENCES72
5.5.6.1Case study 1: Leading healthcare company adopted Cognizant’s AI-driven solution to identify drug-seeking behavior72
5.5.6.2Case study 2: Inspire used ML to connect millions of patients and caregivers on AWS73
5.5.7MANUFACTURING73
5.5.7.1Case Study 1: IBM helped SHENZHEN CSOT boost production quality and throughput73
5.5.7.2Case study 2: Dell built 360-degree customer view with Cloudera Enterprise74
5.5.8EDUCATION74
5.5.8.1Case study 1: Happiest Minds used data modeling to predict student performance and track drop-out rates74
5.5.9MEDIA & ENTERTAINMENT75
5.5.9.1Case study 1: Leading media conglomerate adopted HCL’s digital transformation solution to redefine user experience through human-centric design75
5.5.9.2Case study 2: Gaia boosted subscriber engagement and data-driven decision-making75
5.5.10GOVERNMENT & DEFENSE76
5.5.10.1Case study 1: OANDA provided real-time access to foreign exchange trading market by moving to Equinix’s TY3 facility76
5.5.10.2Case study 2: Dubai government monetized and harnessed real-time data for community benefit with Cloudera76
5.6TECHNOLOGY ANALYSIS77
5.6.1ARTIFICIAL INTELLIGENCE AND DIGITAL TRANSFORMATION77
5.6.2MACHINE LEARNING AND DIGITAL TRANSFORMATION77
5.6.3INTERNET OF THINGS AND DIGITAL TRANSFORMATION77
5.6.4CLOUD COMPUTING AND DIGITAL TRANSFORMATION78
5.7MARKET ANALYSIS BY APPLICATION78
5.7.1CUSTOMER TRANSFORMATION78
5.7.2WORKFORCE TRANSFORMATION79
5.7.3OPERATIONAL TRANSFORMATION79
5.7.4PRODUCT TRANSFORMATION80
5.8SUPPLY/VALUE CHAIN ANALYSIS80
FIGURE 24SUPPLY/VALUE CHAIN ANALYSIS80
5.9PORTER’S FIVE FORCES ANALYSIS81
FIGURE 25DIGITAL TRANSFORMATION MARKET: PORTER’S FIVE FORCES ANALYSIS81
TABLE 7DIGITAL TRANSFORMATION MARKET: PORTER’S FIVE FORCES ANALYSIS82
5.9.1THREAT OF NEW ENTRANTS82
5.9.2THREAT OF SUBSTITUTES82
5.9.3BARGAINING POWER OF SUPPLIERS82
5.9.4BARGAINING POWER OF BUYERS83
5.9.5INTENSITY OF COMPETITIVE RIVALRY83
5.10PRICING MODEL ANALYSIS83
5.11PATENT ANALYSIS84
5.11.1METHODOLOGY84
5.11.2DOCUMENT TYPE84
TABLE 8PATENTS FILED, 2018–202184
5.11.3INNOVATION AND PATENT APPLICATIONS84
FIGURE 26TOTAL NUMBER OF PATENTS GRANTED ANNUALLY, 2018–202185
5.11.3.1Top applicants85
FIGURE 27TOP TEN COMPANIES WITH HIGHEST NUMBER OF PATENT APPLICATIONS, 2018–202185
TABLE 9TOP TEN PATENT OWNERS (US) IN DIGITAL TRANSFORMATION MARKET, 2018–202185
5.12KEY CONFERENCES & EVENTS IN 2022-202386
TABLE 10DIGITAL TRANSFORMATION MARKET: LIST OF CONFERENCES & EVENTS86
5.13TARIFF AND REGULATORY LANDSCAPE87
5.13.1REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS87
TABLE 11NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS87
TABLE 12EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS88
TABLE 13ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS88
TABLE 14MIDDLE EAST & AFRICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS89
TABLE 15LATIN AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS89
5.13.2NORTH AMERICA: REGULATIONS89
5.13.2.1Personal Information Protection and Electronic Documents Act (PIPEDA)89
5.13.2.2Gramm-Leach-Bliley (GLB) Act90
5.13.2.3Health Insurance Portability and Accountability Act (HIPAA) of 199690
5.13.2.4Federal Information Security Management Act (FISMA)90
5.13.2.5Federal Information Processing Standards (FIPS)90
5.13.2.6California Consumer Privacy Act (CSPA)91
5.13.3EUROPE: TARIFFS AND REGULATIONS91
5.13.3.1GDPR 2016/679 EU Regulation91
5.13.3.2General Data Protection Regulation92
5.13.3.3European Committee for Standardization (CEN)92
5.13.3.4European Technical Standards Institute (ETSI)92
5.14KEY STAKEHOLDERS & BUYING CRITERIA92
5.14.1KEY STAKEHOLDERS IN BUYING PROCESS92
TABLE 16INFLUENCE OF STAKEHOLDERS IN BUYING PROCESS FOR TOP THREE TECHNOLOGIES (%)92
5.14.2BUYING CRITERIA93
TABLE 17KEY BUYING CRITERIA FOR TOP THREE TECHNOLOGIES93
5.15BEST PRACTICES93
5.15.1SYNCHRONIZE EFFORTS93
5.15.2ALIGN STAFF FROM START93
5.15.3LOOK THROUGH PERSPECTIVE OF CUSTOMERS93
5.15.4LEVERAGE LATEST TECHNOLOGY93
5.16VALUE PROPOSITION – BY INDUSTRY94
TABLE 18VALUE PROPOSITION94
6DIGITAL TRANSFORMATION MARKET, BY COMPONENT95
6.1INTRODUCTION96
6.1.1COMPONENT: DIGITAL TRANSFORMATION MARKET DRIVERS96
FIGURE 28SERVICES SEGMENT TO GROW AT HIGHER CAGR DURING FORECAST PERIOD96
TABLE 19DIGITAL TRANSFORMATION MARKET, BY COMPONENT, 2016–2021 (USD MILLION)97
TABLE 20DIGITAL TRANSFORMATION MARKET, BY COMPONENT, 2022–2027 (USD MILLION)97
6.2SOLUTIONS97
6.2.1DIGITAL TRANSFORMATION SOLUTIONS ARE USED ACROSS ALL SECTORS TO DIGITIZE PROCESS97
TABLE 21SOLUTIONS: DIGITAL TRANSFORMATION MARKET, BY REGION, 2016–2021 (USD MILLION)97
TABLE 22SOLUTIONS: DIGITAL TRANSFORMATION MARKET, BY REGION, 2022–2027 (USD MILLION)98
6.3SERVICES98
6.3.1COMPLEX ALGORITHMS OF ADVANCED TECHNOLOGIES PROVIDING ONLINE AND OFFLINE SUPPORT SERVICES TO AI VENDORS98
TABLE 23DIGITAL TRANSFORMATION MARKET, BY SERVICE, 2016–2021 (USD MILLION)98
TABLE 24DIGITAL TRANSFORMATION MARKET, BY SERVICE, 2022–2027 (USD MILLION)98
TABLE 25SERVICES: DIGITAL TRANSFORMATION MARKET, BY REGION, 2016–2021 (USD MILLION)99
TABLE 26SERVICES: DIGITAL TRANSFORMATION MARKET, BY REGION, 2022–2027 (USD MILLION)99
6.4CONSULTING99
TABLE 27CONSULTING: DIGITAL TRANSFORMATION MARKET, BY REGION, 2016–2021 (USD MILLION)99
TABLE 28CONSULTING: DIGITAL TRANSFORMATION MARKET, BY REGION, 2022–2027 (USD MILLION)100
6.5DEPLOYMENT & INTEGRATION100
TABLE 29DEPLOYMENT & INTEGRATION: DIGITAL TRANSFORMATION MARKET, BY REGION, 2016–2021 (USD MILLION)100
TABLE 30DEPLOYMENT & INTEGRATION: DIGITAL TRANSFORMATION MARKET, BY REGION, 2022–2027 (USD MILLION)101
6.6SUPPORT & MAINTENANCE101
TABLE 31SUPPORT & MAINTENANCE: DIGITAL TRANSFORMATION MARKET, BY REGION, 2016–2021 (USD MILLION)101
TABLE 32SUPPORT & MAINTENANCE: DIGITAL TRANSFORMATION MARKET, BY REGION, 2022–2027 (USD MILLION)102
7DIGITAL TRANSFORMATION MARKET, BY TECHNOLOGY103
7.1INTRODUCTION104
7.1.1TECHNOLOGY: DIGITAL TRANSFORMATION MARKET DRIVERS104
FIGURE 29ARTIFICIAL INTELLIGENCE SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD105
TABLE 33DIGITAL TRANSFORMATION MARKET, BY TECHNOLOGY, 2016–2021 (USD MILLION)105
TABLE 34DIGITAL TRANSFORMATION MARKET, BY TECHNOLOGY, 2022–2027 (USD MILLION)106
7.2CLOUD COMPUTING106
7.2.1NEED FOR DATA SECURITY, FASTER DISASTER RECOVERY, AND MEETING COMPLIANCE REQUIREMENTS TO DRIVE MARKET GROWTH106
TABLE 35CLOUD COMPUTING: DIGITAL TRANSFORMATION MARKET, BY REGION, 2016–2021 (USD MILLION)107
TABLE 36CLOUD COMPUTING: DIGITAL TRANSFORMATION MARKET, BY REGION, 2022–2027 (USD MILLION)107
7.3ARTIFICIAL INTELLIGENCE107
7.3.1CUSTOMER SATISFACTION ENHANCEMENT AND INCREASED PRODUCTIVITY TO DRIVE MARKET GROWTH107
TABLE 37ARTIFICIAL INTELLIGENCE: DIGITAL TRANSFORMATION MARKET, BY REGION, 2016–2021 (USD MILLION)108
TABLE 38ARTIFICIAL INTELLIGENCE: DIGITAL TRANSFORMATION MARKET, BY REGION, 2022–2027 (USD MILLION)108
7.4BIG DATA & ANALYTICS109
7.4.1RISING UNSTRUCTURED DATA AND NEED TO OPTIMIZE LARGE DATA WORKLOADS TO LEAD TO ADVANCEMENTS IN BIG DATA & ANALYTICS109
TABLE 39BIG DATA & ANALYTICS: DIGITAL TRANSFORMATION MARKET, BY REGION, 2016–2021 (USD MILLION)109
TABLE 40BIG DATA & ANALYTICS: DIGITAL TRANSFORMATION MARKET, BY REGION, 2022–2027 (USD MILLION)110
7.5MOBILITY & SOCIAL MEDIA MANAGEMENT110
7.5.1EXPANDING MOBILE WORKFORCE, RISING SECURITY CONCERNS, AND PROLIFERATING MOBILE APPLICATIONS TO LEAD TO MARKET ADVANCEMENTS110
TABLE 41MOBILITY & SOCIAL MEDIA MANAGEMENT: DIGITAL TRANSFORMATION MARKET, BY REGION, 2016–2021 (USD MILLION)111
TABLE 42MOBILITY & SOCIAL MEDIA MANAGEMENT: DIGITAL TRANSFORMATION MARKET, BY REGION, 2022–2027 (USD MILLION)111
7.6CYBERSECURITY111
7.6.1GROWING CYBERATTACKS, DATA BREACHES, AND IDENTITY THEFTS TO LEAD TO INCREASED DEMAND FOR CYBERSECURITY111
TABLE 43CYBERSECURITY: DIGITAL TRANSFORMATION MARKET, BY REGION, 2016–2021 (USD MILLION)112
TABLE 44CYBERSECURITY: DIGITAL TRANSFORMATION MARKET, BY REGION, 2022–2027 (USD MILLION)112
7.7INTERNET OF THINGS113
7.7.1INTERNET OF THINGS TO HELP ORGANIZATIONS INCREASE OPERATIONAL EFFICIENCY AND PROVIDE PROFICIENT CUSTOMER SERVICE113
TABLE 45INTERNET OF THINGS: DIGITAL TRANSFORMATION MARKET, BY REGION, 2016–2021 (USD MILLION)113
TABLE 46INTERNET OF THINGS: DIGITAL TRANSFORMATION MARKET, BY REGION, 2022–2027 (USD MILLION)114
7.8OTHER TECHNOLOGIES114
TABLE 47OTHER TECHNOLOGIES: DIGITAL TRANSFORMATION MARKET, BY REGION, 2016–2021 (USD MILLION)114
TABLE 48OTHER TECHNOLOGIES: DIGITAL TRANSFORMATION MARKET, BY REGION, 2022–2027 (USD MILLION)115
8DIGITAL TRANSFORMATION MARKET, BY DEPLOYMENT TYPE116
8.1INTRODUCTION117
8.1.1DEPLOYMENT TYPE: DIGITAL TRANSFORMATION MARKET DRIVERS117
FIGURE 30CLOUD SEGMENT TO GROW AT HIGHER CAGR DURING FORECAST PERIOD118
TABLE 49DIGITAL TRANSFORMATION MARKET, BY DEPLOYMENT TYPE, 2016–2021 (USD MILLION)118
TABLE 50DIGITAL TRANSFORMATION MARKET, BY DEPLOYMENT TYPE, 2022–2027 (USD MILLION)118
8.2ON-PREMISES119
8.2.1SECURITY CONCERNS OVER SENSITIVE DATA TO DRIVE ADOPTION OF ON-PREMISES SOLUTIONS119
TABLE 51ON-PREMISES: DIGITAL TRANSFORMATION MARKET, BY REGION, 2016–2021 (USD MILLION)119
TABLE 52ON-PREMISES: DIGITAL TRANSFORMATION MARKET, BY REGION, 2022–2027 (USD MILLION)120
8.3CLOUD120
8.3.1AVAILABILITY OF SUBSCRIPTION-BASED CLOUD SOLUTIONS TO OFFER FLEXIBILITY AND EASE OF ADOPTION TO END USERS120
TABLE 53CLOUD: DIGITAL TRANSFORMATION MARKET, BY REGION, 2016–2021 (USD MILLION)121
TABLE 54CLOUD: DIGITAL TRANSFORMATION MARKET, BY REGION, 2022–2027 (USD MILLION)121
9DIGITAL TRANSFORMATION MARKET, BY ORGANIZATION SIZE122
9.1INTRODUCTION123
9.1.1ORGANIZATION SIZE: DIGITAL TRANSFORMATION MARKET DRIVERS123
FIGURE 31SMALL AND MEDIUM-SIZED ENTERPRISES SEGMENT TO GROW AT HIGHER CAGR DURING FORECAST PERIOD123
TABLE 55DIGITAL TRANSFORMATION MARKET, BY ORGANIZATION SIZE, 2016–2021 (USD MILLION)124
TABLE 56DIGITAL TRANSFORMATION MARKET, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION)124
9.2SMALL AND MEDIUM-SIZED ENTERPRISES124
9.2.1INCREASED COMPETITIVE MARKET SCENARIO PROMPTING SMALL AND MEDIUM-SIZED ENTERPRISES TO INVEST IN DIGITAL TRANSFORMATION124
TABLE 57SMALL AND MEDIUM-SIZED ENTERPRISES: DIGITAL TRANSFORMATION MARKET, BY REGION, 2016–2021 (USD MILLION)125
TABLE 58SMALL AND MEDIUM-SIZED ENTERPRISES: DIGITAL TRANSFORMATION MARKET, BY REGION, 2022–2027 (USD MILLION)125
9.3LARGE ENTERPRISES126
9.3.1DIGITAL TRANSFORMATION OF LARGE ENTERPRISES TO HELP ACHIEVE UNIQUE VALUE PROPOSITION FOR BUSINESSES126
TABLE 59LARGE ENTERPRISES: DIGITAL TRANSFORMATION MARKET, BY REGION, 2016–2021 (USD MILLION)126
TABLE 60LARGE ENTERPRISES: DIGITAL TRANSFORMATION MARKET, BY REGION, 2022–2027 (USD MILLION)127
10DIGITAL TRANSFORMATION MARKET, BY BUSINESS FUNCTION128
10.1INTRODUCTION129
10.1.1BUSINESS FUNCTION: DIGITAL TRANSFORMATION MARKET DRIVERS129
FIGURE 32OTHER BUSINESS FUNCTIONS SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD129
TABLE 61DIGITAL TRANSFORMATION MARKET, BY BUSINESS FUNCTION, 2016–2021 (USD MILLION)130
TABLE 62DIGITAL TRANSFORMATION MARKET, BY BUSINESS FUNCTION, 2022–2027 (USD MILLION)130
10.2DIGITAL TRANSFORMATION: ENTERPRISE USE CASES131
10.3FINANCE131
10.3.1ADVANCED TECHNOLOGIES TO GENERATE NEW POSSIBILITIES AND ACCELERATE REVOLUTION OF FINANCE ACROSS BUSINESSES131
TABLE 63FINANCE: DIGITAL TRANSFORMATION MARKET, BY REGION, 2016–2021 (USD MILLION)131
TABLE 64FINANCE: DIGITAL TRANSFORMATION MARKET, BY REGION, 2022–2027 (USD MILLION)132
10.4INFORMATION TECHNOLOGY132
10.4.1RAPID ADOPTION OF DIGITAL TRANSFORMATION SOLUTIONS TO HELP MAINTAIN DATA CONFIDENTIALITY AND INTEGRITY132
TABLE 65INFORMATION TECHNOLOGY: DIGITAL TRANSFORMATION MARKET, BY REGION, 2016–2021 (USD MILLION)133
TABLE 66INFORMATION TECHNOLOGY: DIGITAL TRANSFORMATION MARKET, BY REGION, 2022–2027 (USD MILLION)133
10.5HUMAN RESOURCES133
10.5.1DIGITAL TRANSFORMATION IN HUMAN RESOURCES TO PROVIDE ENHANCED DATA-DRIVEN JUDGEMENT AND IMPROVED STAFF ENGAGEMENT133
TABLE 67HUMAN RESOURCE: DIGITAL TRANSFORMATION MARKET, BY REGION, 2016–2021 (USD MILLION)134
TABLE 68HUMAN RESOURCE: DIGITAL TRANSFORMATION MARKET, BY REGION, 2022–2027 (USD MILLION)134
10.6MARKETING & SALES134
10.6.1DIGITAL TRANSFORMATION IN SALES & MARKETING TO PROVIDE WIDER MARKETING INSIGHTS AND CUSTOMER DATA134
TABLE 69MARKETING & SALES: DIGITAL TRANSFORMATION MARKET, BY REGION, 2016–2021 (USD MILLION)135
TABLE 70MARKETING & SALES: DIGITAL TRANSFORMATION MARKET, BY REGION, 2022–2027 (USD MILLION)135
10.7OTHER BUSINESS FUNCTIONS135
TABLE 71OTHER BUSINESS FUNCTIONS: DIGITAL TRANSFORMATION MARKET, BY REGION, 2016–2021 (USD MILLION)136
TABLE 72OTHER BUSINESS FUNCTIONS: DIGITAL TRANSFORMATION MARKET, BY REGION, 2022–2027 (USD MILLION)136
11DIGITAL TRANSFORMATION MARKET, BY VERTICAL137
11.1INTRODUCTION138
11.1.1VERTICAL: DIGITAL TRANSFORMATION MARKET DRIVERS138
FIGURE 33BANKING, FINANCIAL SERVICES, AND INSURANCE VERTICAL TO ACCOUNT FOR LARGEST MARKET SIZE DURING FORECAST PERIOD139
TABLE 73DIGITAL TRANSFORMATION MARKET, BY VERTICAL, 2016–2021 (USD MILLION)139
TABLE 74DIGITAL TRANSFORMATION MARKET, BY VERTICAL, 2022–2027 (USD MILLION)140
11.2BANKING, FINANCIAL SERVICES, AND INSURANCE140
11.2.1IMPROVED BUSINESS PERFORMANCE AND REDUCED COST TO BOOST DEMAND FOR DIGITAL TRANSFORMATION SOLUTIONS140
TABLE 75BANKING, FINANCIAL SERVICES, AND INSURANCE: USE CASES141
TABLE 76BANKING, FINANCIAL SERVICES, AND INSURANCE: DIGITAL TRANSFORMATION MARKET, BY REGION, 2016–2021 (USD MILLION)141
TABLE 77BANKING, FINANCIAL SERVICES, AND INSURANCE: DIGITAL TRANSFORMATION MARKET, BY REGION, 2022–2027 (USD MILLION)142
11.3RETAIL & ECOMMERCE142
11.3.1ADOPTION OF DIGITAL TRANSFORMATION SOLUTIONS TO BOOST BUSINESS DECISION PERFORMANCE AND PROFIT MARGINS142
TABLE 78RETAIL & ECOMMERCE: USE CASES143
TABLE 79RETAIL & ECOMMERCE: DIGITAL TRANSFORMATION MARKET, BY REGION, 2016–2021 (USD MILLION)143
TABLE 80RETAIL & ECOMMERCE: DIGITAL TRANSFORMATION MARKET, BY REGION, 2022–2027 (USD MILLION)144
11.4INFORMATION TECHNOLOGY/INFORMATION TECHNOLOGY-ENABLED SERVICES144
11.4.1DIGITALIZING BUSINESS PROCESSES TO MEET GROWING CUSTOMER DEMANDS TO DRIVE DIGITAL TRANSFORMATION MARKET144
TABLE 81INFORMATION TECHNOLOGY/INFORMATION TECHNOLOGY-ENABLED SERVICES: USE CASES144
TABLE 82INFORMATION TECHNOLOGY/INFORMATION TECHNOLOGY-ENABLED SERVICES: DIGITAL TRANSFORMATION MARKET, BY REGION, 2016–2021 (USD MILLION)145
TABLE 83INFORMATION TECHNOLOGY/INFORMATION TECHNOLOGY-ENABLED SERVICES: DIGITAL TRANSFORMATION MARKET, BY REGION, 2022–2027 (USD MILLION)145
11.5MEDIA & ENTERTAINMENT145
11.5.1RISING CONTENT CONSUMPTION, DIGITAL ENTERTAINMENT, AND CLOUD ADOPTION TO GENERATE DEMAND FOR DIGITAL TRANSFORMATION145
TABLE 84MEDIA & ENTERTAINMENT: USE CASES146
TABLE 85MEDIA & ENTERTAINMENT: DIGITAL TRANSFORMATION MARKET, BY REGION, 2016–2021 (USD MILLION)146
TABLE 86MEDIA & ENTERTAINMENT: DIGITAL TRANSFORMATION MARKET, BY REGION, 2022–2027 (USD MILLION)146
11.6MANUFACTURING147
11.6.1ADOPTION OF DIGITAL TRANSFORMATION WITH NEW TECHNOLOGIES TO BOOST PERFORMANCE AND IMPROVE DECISION-MAKING147
TABLE 87MANUFACTURING: USE CASES147
TABLE 88MANUFACTURING: DIGITAL TRANSFORMATION MARKET, BY REGION, 2016–2021 (USD MILLION)148
TABLE 89MANUFACTURING: DIGITAL TRANSFORMATION MARKET, BY REGION, 2022–2027 (USD MILLION)148
11.7HEALTHCARE, LIFE SCIENCES & PHARMACEUTICALS148
11.7.1REAL-TIME DECISION-MAKING TO DELIVER PROPER INSIGHTS FOR PATIENTS TO BOOST NEED FOR DIGITAL TRANSFORMATION SOLUTIONS148
TABLE 90HEALTHCARE, LIFE SCIENCES & PHARMACEUTICALS: USE CASES149
TABLE 91HEALTHCARE, LIFE SCIENCES & PHARMACEUTICALS: DIGITAL TRANSFORMATION MARKET, BY REGION, 2016–2021 (USD MILLION)149
TABLE 92HEALTHCARE, LIFE SCIENCES & PHARMACEUTICALS: DIGITAL TRANSFORMATION MARKET, BY REGION, 2022–2027 (USD MILLION)150
11.8ENERGY & UTILITIES150
11.8.1RISING NEED TO MANAGE MASSIVE AMOUNTS OF MISSION-CRITICAL MATERIAL IN REAL TIME TO DRIVE MARKET150
TABLE 93ENERGY & UTILITIES: USE CASES150
TABLE 94ENERGY & UTILITIES: DIGITAL TRANSFORMATION MARKET, BY REGION, 2016–2021 (USD MILLION)151
TABLE 95ENERGY & UTILITIES: DIGITAL TRANSFORMATION MARKET, BY REGION, 2022–2027 (USD MILLION)151
11.9GOVERNMENT & DEFENSE151
11.9.1TAX COLLECTION, SAFETY, PUBLIC INTEREST, AND CRITICAL INTERNATIONAL DATA SHARING TO BOOST DIGITAL TRANSFORMATION MARKET GROWTH151
TABLE 96GOVERNMENT & DEFENSE: USE CASES152
TABLE 97GOVERNMENT & DEFENSE: DIGITAL TRANSFORMATION MARKET, BY REGION, 2016–2021 (USD MILLION)152
TABLE 98GOVERNMENT & DEFENSE: DIGITAL TRANSFORMATION MARKET, BY REGION, 2022–2027 (USD MILLION)153
11.10TELECOMMUNICATIONS153
11.10.1INCREASING USE OF CONNECTED DEVICES, IOT, AND 5G TO HELP ADOPTION OF DIGITAL TRANSFORMATION SOLUTIONS153
TABLE 99TELECOMMUNICATIONS: USE CASES154
TABLE 100TELECOMMUNICATIONS: DIGITAL TRANSFORMATION MARKET, BY REGION, 2016–2021 (USD MILLION)154
TABLE 101TELECOMMUNICATIONS: DIGITAL TRANSFORMATION MARKET, BY REGION, 2022–2027 (USD MILLION)154
11.11OTHER VERTICALS155
TABLE 102OTHER VERTICALS: DIGITAL TRANSFORMATION MARKET, BY REGION, 2016–2021 (USD MILLION)156
TABLE 103OTHER VERTICALS: DIGITAL TRANSFORMATION MARKET, BY REGION, 2022–2027 (USD MILLION)156
12DIGITAL TRANSFORMATION MARKET, BY REGION157
12.1INTRODUCTION158
FIGURE 34VIETNAM TO ACCOUNT FOR HIGHEST CAGR DURING FORECAST PERIOD158
FIGURE 35ASIA PACIFIC TO ACCOUNT FOR HIGHEST CAGR DURING FORECAST PERIOD159
TABLE 104DIGITAL TRANSFORMATION MARKET, BY REGION, 2016–2021 (USD MILLION)159
TABLE 105DIGITAL TRANSFORMATION MARKET, BY REGION, 2022–2027 (USD MILLION)159
12.2NORTH AMERICA160
12.2.1NORTH AMERICA: DIGITAL TRANSFORMATION MARKET DRIVERS160
TABLE 106NORTH AMERICA: PROMINENT PLAYERS161
FIGURE 36NORTH AMERICA: MARKET SNAPSHOT161
TABLE 107NORTH AMERICA: DIGITAL TRANSFORMATION MARKET, BY COMPONENT, 2016–2021 (USD MILLION)162
TABLE 108NORTH AMERICA: DIGITAL TRANSFORMATION MARKET, BY COMPONENT, 2022–2027 (USD MILLION)162
TABLE 109NORTH AMERICA: DIGITAL TRANSFORMATION MARKET, BY SERVICE, 2016–2021 (USD MILLION)162
TABLE 110NORTH AMERICA: DIGITAL TRANSFORMATION MARKET, BY SERVICE, 2022–2027 (USD MILLION)162
TABLE 111NORTH AMERICA: DIGITAL TRANSFORMATION MARKET, BY TECHNOLOGY, 2016–2021 (USD MILLION)163
TABLE 112NORTH AMERICA: DIGITAL TRANSFORMATION MARKET, BY TECHNOLOGY, 2022–2027 (USD MILLION)163
TABLE 113NORTH AMERICA: DIGITAL TRANSFORMATION MARKET, BY DEPLOYMENT TYPE, 2016–2021 (USD MILLION)163
TABLE 114NORTH AMERICA: DIGITAL TRANSFORMATION MARKET, BY DEPLOYMENT TYPE, 2022–2027 (USD MILLION)164
TABLE 115NORTH AMERICA: DIGITAL TRANSFORMATION MARKET, BY ORGANIZATION SIZE, 2016–2021 (USD MILLION)164
TABLE 116NORTH AMERICA: DIGITAL TRANSFORMATION MARKET, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION)164
TABLE 117NORTH AMERICA: DIGITAL TRANSFORMATION MARKET, BY BUSINESS FUNCTION, 2016–2021 (USD MILLION)164
TABLE 118NORTH AMERICA: DIGITAL TRANSFORMATION MARKET, BY BUSINESS FUNCTION, 2022–2027 (USD MILLION)165
TABLE 119NORTH AMERICA: DIGITAL TRANSFORMATION MARKET, BY VERTICAL, 2016–2021 (USD MILLION)165
TABLE 120NORTH AMERICA: DIGITAL TRANSFORMATION MARKET, BY VERTICAL, 2022–2027 (USD MILLION)166
TABLE 121NORTH AMERICA: DIGITAL TRANSFORMATION MARKET, BY COUNTRY, 2016–2021 (USD MILLION)166
TABLE 122NORTH AMERICA: DIGITAL TRANSFORMATION MARKET, BY COUNTRY, 2022–2027 (USD MILLION)166
12.2.2US167
12.2.2.1Presence of various global players and increase in usage of digitalization in various verticals to drive market growth167
TABLE 123UNITED STATES: DIGITAL TRANSFORMATION MARKET, BY DEPLOYMENT TYPE, 2016–2021 (USD MILLION)167
TABLE 124UNITED STATES: DIGITAL TRANSFORMATION MARKET, BY DEPLOYMENT TYPE, 2022–2027 (USD MILLION)168
TABLE 125UNITED STATES: DIGITAL TRANSFORMATION MARKET, BY TECHNOLOGY, 2016–2021 (USD MILLION)168
TABLE 126UNITED STATES: DIGITAL TRANSFORMATION MARKET, BY TECHNOLOGY, 2022–2027 (USD MILLION)168
12.2.3CANADA169
12.2.3.1Huge investments and growing availability of advanced technologies to drive adoption of digital transformation169
12.3EUROPE169
12.3.1EUROPE: DIGITAL TRANSFORMATION MARKET DRIVERS170
TABLE 127EUROPE: PROMINENT PLAYERS170
TABLE 128EUROPE: DIGITAL TRANSFORMATION MARKET, BY COMPONENT, 2016–2021 (USD MILLION)170
TABLE 129EUROPE: DIGITAL TRANSFORMATION MARKET, BY COMPONENT, 2022–2027 (USD MILLION)171
TABLE 130EUROPE: DIGITAL TRANSFORMATION MARKET, BY SERVICE, 2016–2021 (USD MILLION)171
TABLE 131EUROPE: DIGITAL TRANSFORMATION MARKET, BY SERVICE, 2022–2027 (USD MILLION)171
TABLE 132EUROPE: DIGITAL TRANSFORMATION MARKET, BY TECHNOLOGY, 2016–2021 (USD MILLION)171
TABLE 133EUROPE: DIGITAL TRANSFORMATION MARKET, BY TECHNOLOGY, 2022–2027 (USD MILLION)172
TABLE 134EUROPE: DIGITAL TRANSFORMATION MARKET, BY DEPLOYMENT TYPE, 2016–2021 (USD MILLION)172
TABLE 135EUROPE: DIGITAL TRANSFORMATION MARKET, BY DEPLOYMENT TYPE, 2022–2027 (USD MILLION)172
TABLE 136EUROPE: DIGITAL TRANSFORMATION MARKET, BY ORGANIZATION SIZE, 2016–2021 (USD MILLION)173
TABLE 137EUROPE: DIGITAL TRANSFORMATION MARKET, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION)173
TABLE 138EUROPE: DIGITAL TRANSFORMATION MARKET, BY BUSINESS FUNCTION, 2016–2021 (USD MILLION)173
TABLE 139EUROPE: DIGITAL TRANSFORMATION MARKET, BY BUSINESS FUNCTION, 2022–2027 (USD MILLION)174
TABLE 140EUROPE: DIGITAL TRANSFORMATION MARKET, BY VERTICAL, 2016–2021 (USD MILLION)174
TABLE 141EUROPE: DIGITAL TRANSFORMATION MARKET, BY VERTICAL, 2022–2027 (USD MILLION)175
TABLE 142EUROPE: DIGITAL TRANSFORMATION MARKET, BY COUNTRY, 2016–2021 (USD MILLION)175
TABLE 143EUROPE: DIGITAL TRANSFORMATION MARKET, BY COUNTRY, 2022–2027 (USD MILLION)175
12.3.2UK176
12.3.2.1Advanced IT infrastructure and initiatives boosting digital transformation across several verticals to drive demand176
TABLE 144UNITED KINGDOM: DIGITAL TRANSFORMATION MARKET, BY DEPLOYMENT TYPE, 2016–2021 (USD MILLION)176
TABLE 145UNITED KINGDOM: DIGITAL TRANSFORMATION MARKET, BY DEPLOYMENT TYPE, 2022–2027 (USD MILLION)176
TABLE 146UNITED KINGDOM: DIGITAL TRANSFORMATION MARKET, BY TECHNOLOGY, 2016–2021 (USD MILLION)177
TABLE 147UNITED KINGDOM: DIGITAL TRANSFORMATION MARKET, BY TECHNOLOGY, 2022–2027 (USD MILLION)177
12.3.3GERMANY177
12.3.3.1Huge investments in technological developments and government initiatives to drive demand for digital transformation177
12.3.4FRANCE178
12.3.4.1Heavy demand for digitalization along with huge investments in R&D to drive market growth178
12.3.5POLAND178
12.3.5.1Private and public sectors to rapidly adopt digital transformation solutions to innovate business processes178
12.3.6REST OF EUROPE179
12.4ASIA PACIFIC179
12.4.1ASIA PACIFIC: DIGITAL TRANSFORMATION MARKET DRIVERS180
TABLE 148ASIA PACIFIC: PROMINENT PLAYERS180
FIGURE 37ASIA PACIFIC: MARKET SNAPSHOT181
TABLE 149ASIA PACIFIC: DIGITAL TRANSFORMATION MARKET, BY COMPONENT, 2016–2021 (USD MILLION)182
TABLE 150ASIA PACIFIC: DIGITAL TRANSFORMATION MARKET, BY COMPONENT, 2022–2027 (USD MILLION)182
TABLE 151ASIA PACIFIC: DIGITAL TRANSFORMATION MARKET, BY SERVICE, 2016–2021 (USD MILLION)182
TABLE 152ASIA PACIFIC: DIGITAL TRANSFORMATION MARKET, BY SERVICE, 2022–2027 (USD MILLION)182
TABLE 153ASIA PACIFIC: DIGITAL TRANSFORMATION MARKET, BY TECHNOLOGY, 2016–2021 (USD MILLION)183
TABLE 154ASIA PACIFIC: DIGITAL TRANSFORMATION MARKET, BY TECHNOLOGY, 2022–2027 (USD MILLION)183
TABLE 155ASIA PACIFIC: DIGITAL TRANSFORMATION MARKET, BY DEPLOYMENT TYPE, 2016–2021 (USD MILLION)183
TABLE 156ASIA PACIFIC: DIGITAL TRANSFORMATION MARKET, BY DEPLOYMENT TYPE, 2022–2027 (USD MILLION)184
TABLE 157ASIA PACIFIC: DIGITAL TRANSFORMATION MARKET, BY ORGANIZATION SIZE, 2016–2021 (USD MILLION)184
TABLE 158ASIA PACIFIC: DIGITAL TRANSFORMATION MARKET, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION)184
TABLE 159ASIA PACIF
The global digital transformation market size is expected to grow at a Compound Annual Growth Rate (CAGR) of 21.1% during the forecast period, to reach USD 1,548.9 Billion by 2027 from USD 594.5 Billion in 2022. The key elements anticipated to propel the adoption of digital transformation market technology throughout the forecast period are rising expenditure on marketing efforts, rising spending on television commercials, and changing consumer intelligence landscapes. In addition, the use of digital technology has led to developments that are reflected in the Digital Transformation Market. During the projection period, the adoption of the digital transformation market will increase due to its use across organizational processes, companies, competencies, and procedures.
The improvement of organizational functions, workforce optimization, and conversion of an organization's offerings and services are all achieved with the help of the digital transformation market, which is anticipated to fuel the market's expansion in the years to come. Manufacturers now require digitalization due to the development of digital technologies such as big data & analytics, cloud computing, blockchain, mobility, AI, robotics, IoT, and cybersecurity. These innovations are also used by businesses to enhance client relationships and add new features to their existing business processes, which is causing businesses to adopt digital transformation.
The AI technology to have the highest CAGR during the forecast period
By technology, the digital transformation market has been segmented into cloud computing, big data & analytics, mobility & social media management, cybersecurity, AI, IoT and other technologies. The CAGR of the AI technology is estimated to be the largest during the forecast period. The use of advanced technologies such as cloud, IoT, big data & analytics, mobility & social media management, AI and cybersecurity had led to innovate and transformation, stimulating the growth of business ecosystem. In the market for digital transformation, AI increases consumer satisfaction, which accelerates the market adoption of AI technology. The rise of artificial intelligence had changed how data is gathered and evaluated.
The Large Enterprises segment to register for the largest market size during the forecast period
The digital transformation market has been segmented by organization size into large enterprises and SMEs. The market for Large Enterprises is expected to register for the largest market size during the forecast period. Solutions for digital transformation are used by large businesses to improve operational effectiveness and consumer experiences. To develop a data-driven strategy, they must integrate, categorize, and evaluate a vast amount of data from many operations.
Among business functions, Other business functions is register to grow at highest CAGR during the forecast period
Legal, supply chain, and operations are included under other business functions. The legal industry must digitally alter all aspects of the legal experience, including service delivery, workflows, processes, team communications, and client involvement. The efficiency and workflow at a traditional law firm could seem slower than what clients expect from contemporary digital technologies, which provide instant satisfaction. Businesses are utilizing digital technology to share assets and information in unique ways related to the supply chain. The capabilities of the technologies that are accessible to organisations have a significant impact on the rate of supply chain digitalization. A s developers designed applications to benefit from the data produced by ERP systems, one of the first business functions to experience substantial technical advancements is supply chain management.
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 Managers: 40%
By Region: APAC: 25%, Europe: 30%, North America: 30%, MEA: 10%, Latin America: 5%
The report includes the study of key players offering digital transformation solutions and services. It profiles major vendors in the global digital transformation market. The major vendors in the global digital transformation market include Microsoft (US), SAP (Germany), Baidu (China), Adobe Systems (US), Alibaba (China), IBM (US), Google (US), Marlabs (US), Salesforce (US), Broadcom (CA Technologies) (US), Equinix (US), Oracle (US), Hewlett Packard Enterprise (US), HCL Technologies (India), Tibco Software (US), Alcor Solutions (US), Smartstream (US), Yash Technologies (US), Interfacing (US), Kissflow (India), eMudhra (India), ProcessMaker (US), Process Street (US), Happiest Minds (India), Scoro (UK), Dempton Consulting Group (Canada), Brillio (US), and Aexonic Technologies (India).
Research Coverage
The market study covers the digital transformation market across segments. It aims at estimating the market size and the growth potential of this market across different segments, such as components, technology, deployment mode, organization size, business function, vertical, and region. It includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.
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.
Table of Content
1INTRODUCTION30
1.1STUDY OBJECTIVES30
1.2MARKET DEFINITION30
1.2.1INCLUSIONS AND EXCLUSIONS31
1.3MARKET SCOPE31
1.3.1MARKET SEGMENTATION32
1.3.2REGIONS COVERED32
1.3.3YEARS CONSIDERED33
1.4CURRENCY CONSIDERED33
TABLE 1UNITED STATES DOLLAR EXCHANGE RATE, 2019–202133
1.5STAKEHOLDERS33
1.6SUMMARY OF CHANGES34
2RESEARCH METHODOLOGY35
2.1RESEARCH DATA35
FIGURE 1DIGITAL TRANSFORMATION MARKET: RESEARCH DESIGN36
2.1.1SECONDARY DATA37
2.1.2PRIMARY DATA37
TABLE 2LIST OF PRIMARY INTERVIEWS37
2.1.2.1Breakup of primary sources38
2.1.2.2Key industry insights38
2.2DATA TRIANGULATION39
FIGURE 2DATA TRIANGULATION39
2.3MARKET SIZE ESTIMATION40
FIGURE 3DIGITAL TRANSFORMATION MARKET: TOP-DOWN AND BOTTOM-UP APPROACHES40
2.3.1TOP-DOWN APPROACH40
2.3.2BOTTOM-UP APPROACH41
FIGURE 4MARKET SIZE ESTIMATION METHODOLOGY-APPROACH 1 (SUPPLY SIDE): REVENUE OF SOLUTIONS/SERVICES OF DIGITAL TRANSFORMATION MARKET41
FIGURE 5MARKET SIZE ESTIMATION METHODOLOGY-APPROACH 2 - BOTTOM-UP (SUPPLY SIDE): COLLECTIVE REVENUE OF ALL SOLUTIONS/SERVICES OF DIGITAL TRANSFORMATION MARKET42
FIGURE 6MARKET SIZE ESTIMATION METHODOLOGY-APPROACH 3, BOTTOM-UP SUPPLY-SIDE): COLLECTIVE REVENUE FROM ALL SOFTWARE/SERVICES OF DIGITAL TRANSFORMATION MARKET43
FIGURE 7MARKET SIZE ESTIMATION METHODOLOGY-APPROACH 4, BOTTOM-UP (DEMAND-SIDE): SHARE OF DIGITAL TRANSFORMATION THROUGH OVERALL DIGITAL TRANSFORMATION SPENDING43
2.4MARKET FORECAST44
TABLE 3FACTOR ANALYSIS44
2.5COMPANY EVALUATION MATRIX45
FIGURE 8COMPANY EVALUATION MATRIX: CRITERIA WEIGHTAGE45
2.6STARTUP/SME EVALUATION MATRIX METHODOLOGY46
FIGURE 9STARTUP/SME EVALUATION MATRIX: CRITERIA WEIGHTAGE46
2.7STUDY ASSUMPTIONS46
2.8STUDY LIMITATIONS48
3EXECUTIVE SUMMARY49
TABLE 4GLOBAL DIGITAL TRANSFORMATION MARKET SIZE AND GROWTH RATE, 2016–2021 (USD MILLION, Y-O-Y %)50
TABLE 5GLOBAL DIGITAL TRANSFORMATION MARKET SIZE AND GROWTH RATE, 2022–2027 (USD MILLION, Y-O-Y %)50
FIGURE 10SOLUTIONS SEGMENT TO ACCOUNT FOR LARGER MARKET SHARE IN 202250
FIGURE 11CONSULTING SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE IN 202251
FIGURE 12MOBILITY & SOCIAL MEDIA MANAGEMENT SEGMENT TO DOMINATE DIGITAL TRANSFORMATION MARKET IN 202251
FIGURE 13CLOUD SEGMENT TO ACCOUNT FOR LARGER DIGITAL TRANSFORMATION MARKET IN 202252
FIGURE 14LARGE ENTERPRISES SEGMENT TO DOMINATE DIGITAL TRANSFORMATION MARKET IN 202252
FIGURE 15BANKING, FINANCIAL SERVICES, AND INSURANCE SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE IN 202253
FIGURE 16MARKETING & SALES SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE IN 202253
FIGURE 17NORTH AMERICA TO ACCOUNT FOR LARGEST MARKET SHARE IN 202254
4PREMIUM INSIGHTS55
4.1ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN DIGITAL TRANSFORMATION MARKET55
FIGURE 18DEMAND FOR PERSONALIZED DIGITAL TRANSFORMATION TO DRIVE MARKET GROWTH DURING FORECAST PERIOD55
4.2DIGITAL TRANSFORMATION MARKET: BY REGION55
FIGURE 19NORTH AMERICA TO ACCOUNT FOR LARGEST MARKET SHARE IN 202255
4.3DIGITAL TRANSFORMATION MARKET: TOP THREE TECHNOLOGIES56
FIGURE 20BANKING, FINANCIAL SERVICES, AND INSURANCE SEGMENT TO ACCOUNT FOR LARGEST MARKET SIZE DURING FORECAST PERIOD56
4.4DIGITAL TRANSFORMATION MARKET, BY TECHNOLOGY AND VERTICAL56
FIGURE 21MOBILITY & SOCIAL MEDIA MANAGEMENT AND BANKING, FINANCIAL SERVICES, AND INSURANCE SEGMENTS TO ACCOUNT FOR LARGE SHARES BY 202756
5MARKET OVERVIEW AND INDUSTRY TRENDS57
5.1INTRODUCTION57
5.2MARKET DYNAMICS57
FIGURE 22DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES: DIGITAL TRANSFORMATION MARKET58
5.2.1DRIVERS58
5.2.1.1Rising adoption of big data and other related technologies58
5.2.1.2Advent of ML and digital transformation59
5.2.1.3Cost benefits of cloud-based digital transformation solutions60
5.2.1.4Rapid proliferation of mobile devices and apps60
5.2.1.5Adoption and scaling of digital initiatives60
5.2.2RESTRAINTS61
5.2.2.1Changing regional data regulations to lead to time-consuming restructuring of predictive models61
5.2.2.2Data security concerns61
5.2.2.3Issues about privacy and security of information62
5.2.3OPPORTUNITIES62
5.2.3.1Rising internet proliferation and growing usage of connected and integrated technologies62
5.2.3.2Demand for personalized digital transformation62
5.2.3.3Increasing willingness of organizations to use digital technology63
5.2.4CHALLENGES63
5.2.4.1Integration of data from data silos63
5.2.4.2Issues related to IT modernization63
5.2.4.3Ownership and privacy of collected data64
5.3DIGITAL TRANSFORMATION: EVOLUTION64
FIGURE 23EVOLUTION OF DIGITAL TRANSFORMATION64
5.4ECOSYSTEM65
TABLE 6DIGITAL TRANSFORMATION MARKET: ECOSYSTEM65
5.5CASE STUDY ANALYSIS66
5.5.1BANKING, FINANCIAL SERVICES, AND INSURANCE66
5.5.1.1Case study 1: Cognizant’s AI and Automation solution helped insurance company improve insurance claims process66
5.5.1.2Case study 2: Microsoft Azure platform enabled Milliman Consulting to improve its business models67
5.5.1.3Case study 3: BSE made real-time decisions and reduced operational costs with Cloudera solutions67
5.5.2TELECOMMUNICATION68
5.5.2.1Case study 1: American Telecommunication Service Provider (TSP) collaborated with HCL to refine its digital journey68
5.5.2.2Case study 2: A1 Srbija accelerated 5G, revolutionizing digital services with HPE solutions68
5.5.3RETAIL & ECOMMERCE69
5.5.3.1Case study 1: ASOS used Microsoft Azure ML service to reduce time-to-market for recommendations model69
5.5.3.2Case study 2: Walmart optimized shopping experience by applying data mining69
5.5.3.3Case study 3: DOCOMO Digital categorized user behavior and improved campaign targeting by deploying Cloudera solutions70
5.5.4ENERGY & UTILITIES70
5.5.4.1Case study 1: Searcher Seismic made easy access in oil & gas industry with Cloudera solutions70
5.5.4.2Case study 2: TechnipFMC created data centralization by deploying Cloudera solutions71
5.5.5TRANSPORTATION & LOGISTICS71
5.5.5.1Case study 1: Scania made decisions related to route diversions with Cloudera based on live streaming traffic information71
5.5.6HEALTHCARE & LIFE SCIENCES72
5.5.6.1Case study 1: Leading healthcare company adopted Cognizant’s AI-driven solution to identify drug-seeking behavior72
5.5.6.2Case study 2: Inspire used ML to connect millions of patients and caregivers on AWS73
5.5.7MANUFACTURING73
5.5.7.1Case Study 1: IBM helped SHENZHEN CSOT boost production quality and throughput73
5.5.7.2Case study 2: Dell built 360-degree customer view with Cloudera Enterprise74
5.5.8EDUCATION74
5.5.8.1Case study 1: Happiest Minds used data modeling to predict student performance and track drop-out rates74
5.5.9MEDIA & ENTERTAINMENT75
5.5.9.1Case study 1: Leading media conglomerate adopted HCL’s digital transformation solution to redefine user experience through human-centric design75
5.5.9.2Case study 2: Gaia boosted subscriber engagement and data-driven decision-making75
5.5.10GOVERNMENT & DEFENSE76
5.5.10.1Case study 1: OANDA provided real-time access to foreign exchange trading market by moving to Equinix’s TY3 facility76
5.5.10.2Case study 2: Dubai government monetized and harnessed real-time data for community benefit with Cloudera76
5.6TECHNOLOGY ANALYSIS77
5.6.1ARTIFICIAL INTELLIGENCE AND DIGITAL TRANSFORMATION77
5.6.2MACHINE LEARNING AND DIGITAL TRANSFORMATION77
5.6.3INTERNET OF THINGS AND DIGITAL TRANSFORMATION77
5.6.4CLOUD COMPUTING AND DIGITAL TRANSFORMATION78
5.7MARKET ANALYSIS BY APPLICATION78
5.7.1CUSTOMER TRANSFORMATION78
5.7.2WORKFORCE TRANSFORMATION79
5.7.3OPERATIONAL TRANSFORMATION79
5.7.4PRODUCT TRANSFORMATION80
5.8SUPPLY/VALUE CHAIN ANALYSIS80
FIGURE 24SUPPLY/VALUE CHAIN ANALYSIS80
5.9PORTER’S FIVE FORCES ANALYSIS81
FIGURE 25DIGITAL TRANSFORMATION MARKET: PORTER’S FIVE FORCES ANALYSIS81
TABLE 7DIGITAL TRANSFORMATION MARKET: PORTER’S FIVE FORCES ANALYSIS82
5.9.1THREAT OF NEW ENTRANTS82
5.9.2THREAT OF SUBSTITUTES82
5.9.3BARGAINING POWER OF SUPPLIERS82
5.9.4BARGAINING POWER OF BUYERS83
5.9.5INTENSITY OF COMPETITIVE RIVALRY83
5.10PRICING MODEL ANALYSIS83
5.11PATENT ANALYSIS84
5.11.1METHODOLOGY84
5.11.2DOCUMENT TYPE84
TABLE 8PATENTS FILED, 2018–202184
5.11.3INNOVATION AND PATENT APPLICATIONS84
FIGURE 26TOTAL NUMBER OF PATENTS GRANTED ANNUALLY, 2018–202185
5.11.3.1Top applicants85
FIGURE 27TOP TEN COMPANIES WITH HIGHEST NUMBER OF PATENT APPLICATIONS, 2018–202185
TABLE 9TOP TEN PATENT OWNERS (US) IN DIGITAL TRANSFORMATION MARKET, 2018–202185
5.12KEY CONFERENCES & EVENTS IN 2022-202386
TABLE 10DIGITAL TRANSFORMATION MARKET: LIST OF CONFERENCES & EVENTS86
5.13TARIFF AND REGULATORY LANDSCAPE87
5.13.1REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS87
TABLE 11NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS87
TABLE 12EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS88
TABLE 13ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS88
TABLE 14MIDDLE EAST & AFRICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS89
TABLE 15LATIN AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS89
5.13.2NORTH AMERICA: REGULATIONS89
5.13.2.1Personal Information Protection and Electronic Documents Act (PIPEDA)89
5.13.2.2Gramm-Leach-Bliley (GLB) Act90
5.13.2.3Health Insurance Portability and Accountability Act (HIPAA) of 199690
5.13.2.4Federal Information Security Management Act (FISMA)90
5.13.2.5Federal Information Processing Standards (FIPS)90
5.13.2.6California Consumer Privacy Act (CSPA)91
5.13.3EUROPE: TARIFFS AND REGULATIONS91
5.13.3.1GDPR 2016/679 EU Regulation91
5.13.3.2General Data Protection Regulation92
5.13.3.3European Committee for Standardization (CEN)92
5.13.3.4European Technical Standards Institute (ETSI)92
5.14KEY STAKEHOLDERS & BUYING CRITERIA92
5.14.1KEY STAKEHOLDERS IN BUYING PROCESS92
TABLE 16INFLUENCE OF STAKEHOLDERS IN BUYING PROCESS FOR TOP THREE TECHNOLOGIES (%)92
5.14.2BUYING CRITERIA93
TABLE 17KEY BUYING CRITERIA FOR TOP THREE TECHNOLOGIES93
5.15BEST PRACTICES93
5.15.1SYNCHRONIZE EFFORTS93
5.15.2ALIGN STAFF FROM START93
5.15.3LOOK THROUGH PERSPECTIVE OF CUSTOMERS93
5.15.4LEVERAGE LATEST TECHNOLOGY93
5.16VALUE PROPOSITION – BY INDUSTRY94
TABLE 18VALUE PROPOSITION94
6DIGITAL TRANSFORMATION MARKET, BY COMPONENT95
6.1INTRODUCTION96
6.1.1COMPONENT: DIGITAL TRANSFORMATION MARKET DRIVERS96
FIGURE 28SERVICES SEGMENT TO GROW AT HIGHER CAGR DURING FORECAST PERIOD96
TABLE 19DIGITAL TRANSFORMATION MARKET, BY COMPONENT, 2016–2021 (USD MILLION)97
TABLE 20DIGITAL TRANSFORMATION MARKET, BY COMPONENT, 2022–2027 (USD MILLION)97
6.2SOLUTIONS97
6.2.1DIGITAL TRANSFORMATION SOLUTIONS ARE USED ACROSS ALL SECTORS TO DIGITIZE PROCESS97
TABLE 21SOLUTIONS: DIGITAL TRANSFORMATION MARKET, BY REGION, 2016–2021 (USD MILLION)97
TABLE 22SOLUTIONS: DIGITAL TRANSFORMATION MARKET, BY REGION, 2022–2027 (USD MILLION)98
6.3SERVICES98
6.3.1COMPLEX ALGORITHMS OF ADVANCED TECHNOLOGIES PROVIDING ONLINE AND OFFLINE SUPPORT SERVICES TO AI VENDORS98
TABLE 23DIGITAL TRANSFORMATION MARKET, BY SERVICE, 2016–2021 (USD MILLION)98
TABLE 24DIGITAL TRANSFORMATION MARKET, BY SERVICE, 2022–2027 (USD MILLION)98
TABLE 25SERVICES: DIGITAL TRANSFORMATION MARKET, BY REGION, 2016–2021 (USD MILLION)99
TABLE 26SERVICES: DIGITAL TRANSFORMATION MARKET, BY REGION, 2022–2027 (USD MILLION)99
6.4CONSULTING99
TABLE 27CONSULTING: DIGITAL TRANSFORMATION MARKET, BY REGION, 2016–2021 (USD MILLION)99
TABLE 28CONSULTING: DIGITAL TRANSFORMATION MARKET, BY REGION, 2022–2027 (USD MILLION)100
6.5DEPLOYMENT & INTEGRATION100
TABLE 29DEPLOYMENT & INTEGRATION: DIGITAL TRANSFORMATION MARKET, BY REGION, 2016–2021 (USD MILLION)100
TABLE 30DEPLOYMENT & INTEGRATION: DIGITAL TRANSFORMATION MARKET, BY REGION, 2022–2027 (USD MILLION)101
6.6SUPPORT & MAINTENANCE101
TABLE 31SUPPORT & MAINTENANCE: DIGITAL TRANSFORMATION MARKET, BY REGION, 2016–2021 (USD MILLION)101
TABLE 32SUPPORT & MAINTENANCE: DIGITAL TRANSFORMATION MARKET, BY REGION, 2022–2027 (USD MILLION)102
7DIGITAL TRANSFORMATION MARKET, BY TECHNOLOGY103
7.1INTRODUCTION104
7.1.1TECHNOLOGY: DIGITAL TRANSFORMATION MARKET DRIVERS104
FIGURE 29ARTIFICIAL INTELLIGENCE SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD105
TABLE 33DIGITAL TRANSFORMATION MARKET, BY TECHNOLOGY, 2016–2021 (USD MILLION)105
TABLE 34DIGITAL TRANSFORMATION MARKET, BY TECHNOLOGY, 2022–2027 (USD MILLION)106
7.2CLOUD COMPUTING106
7.2.1NEED FOR DATA SECURITY, FASTER DISASTER RECOVERY, AND MEETING COMPLIANCE REQUIREMENTS TO DRIVE MARKET GROWTH106
TABLE 35CLOUD COMPUTING: DIGITAL TRANSFORMATION MARKET, BY REGION, 2016–2021 (USD MILLION)107
TABLE 36CLOUD COMPUTING: DIGITAL TRANSFORMATION MARKET, BY REGION, 2022–2027 (USD MILLION)107
7.3ARTIFICIAL INTELLIGENCE107
7.3.1CUSTOMER SATISFACTION ENHANCEMENT AND INCREASED PRODUCTIVITY TO DRIVE MARKET GROWTH107
TABLE 37ARTIFICIAL INTELLIGENCE: DIGITAL TRANSFORMATION MARKET, BY REGION, 2016–2021 (USD MILLION)108
TABLE 38ARTIFICIAL INTELLIGENCE: DIGITAL TRANSFORMATION MARKET, BY REGION, 2022–2027 (USD MILLION)108
7.4BIG DATA & ANALYTICS109
7.4.1RISING UNSTRUCTURED DATA AND NEED TO OPTIMIZE LARGE DATA WORKLOADS TO LEAD TO ADVANCEMENTS IN BIG DATA & ANALYTICS109
TABLE 39BIG DATA & ANALYTICS: DIGITAL TRANSFORMATION MARKET, BY REGION, 2016–2021 (USD MILLION)109
TABLE 40BIG DATA & ANALYTICS: DIGITAL TRANSFORMATION MARKET, BY REGION, 2022–2027 (USD MILLION)110
7.5MOBILITY & SOCIAL MEDIA MANAGEMENT110
7.5.1EXPANDING MOBILE WORKFORCE, RISING SECURITY CONCERNS, AND PROLIFERATING MOBILE APPLICATIONS TO LEAD TO MARKET ADVANCEMENTS110
TABLE 41MOBILITY & SOCIAL MEDIA MANAGEMENT: DIGITAL TRANSFORMATION MARKET, BY REGION, 2016–2021 (USD MILLION)111
TABLE 42MOBILITY & SOCIAL MEDIA MANAGEMENT: DIGITAL TRANSFORMATION MARKET, BY REGION, 2022–2027 (USD MILLION)111
7.6CYBERSECURITY111
7.6.1GROWING CYBERATTACKS, DATA BREACHES, AND IDENTITY THEFTS TO LEAD TO INCREASED DEMAND FOR CYBERSECURITY111
TABLE 43CYBERSECURITY: DIGITAL TRANSFORMATION MARKET, BY REGION, 2016–2021 (USD MILLION)112
TABLE 44CYBERSECURITY: DIGITAL TRANSFORMATION MARKET, BY REGION, 2022–2027 (USD MILLION)112
7.7INTERNET OF THINGS113
7.7.1INTERNET OF THINGS TO HELP ORGANIZATIONS INCREASE OPERATIONAL EFFICIENCY AND PROVIDE PROFICIENT CUSTOMER SERVICE113
TABLE 45INTERNET OF THINGS: DIGITAL TRANSFORMATION MARKET, BY REGION, 2016–2021 (USD MILLION)113
TABLE 46INTERNET OF THINGS: DIGITAL TRANSFORMATION MARKET, BY REGION, 2022–2027 (USD MILLION)114
7.8OTHER TECHNOLOGIES114
TABLE 47OTHER TECHNOLOGIES: DIGITAL TRANSFORMATION MARKET, BY REGION, 2016–2021 (USD MILLION)114
TABLE 48OTHER TECHNOLOGIES: DIGITAL TRANSFORMATION MARKET, BY REGION, 2022–2027 (USD MILLION)115
8DIGITAL TRANSFORMATION MARKET, BY DEPLOYMENT TYPE116
8.1INTRODUCTION117
8.1.1DEPLOYMENT TYPE: DIGITAL TRANSFORMATION MARKET DRIVERS117
FIGURE 30CLOUD SEGMENT TO GROW AT HIGHER CAGR DURING FORECAST PERIOD118
TABLE 49DIGITAL TRANSFORMATION MARKET, BY DEPLOYMENT TYPE, 2016–2021 (USD MILLION)118
TABLE 50DIGITAL TRANSFORMATION MARKET, BY DEPLOYMENT TYPE, 2022–2027 (USD MILLION)118
8.2ON-PREMISES119
8.2.1SECURITY CONCERNS OVER SENSITIVE DATA TO DRIVE ADOPTION OF ON-PREMISES SOLUTIONS119
TABLE 51ON-PREMISES: DIGITAL TRANSFORMATION MARKET, BY REGION, 2016–2021 (USD MILLION)119
TABLE 52ON-PREMISES: DIGITAL TRANSFORMATION MARKET, BY REGION, 2022–2027 (USD MILLION)120
8.3CLOUD120
8.3.1AVAILABILITY OF SUBSCRIPTION-BASED CLOUD SOLUTIONS TO OFFER FLEXIBILITY AND EASE OF ADOPTION TO END USERS120
TABLE 53CLOUD: DIGITAL TRANSFORMATION MARKET, BY REGION, 2016–2021 (USD MILLION)121
TABLE 54CLOUD: DIGITAL TRANSFORMATION MARKET, BY REGION, 2022–2027 (USD MILLION)121
9DIGITAL TRANSFORMATION MARKET, BY ORGANIZATION SIZE122
9.1INTRODUCTION123
9.1.1ORGANIZATION SIZE: DIGITAL TRANSFORMATION MARKET DRIVERS123
FIGURE 31SMALL AND MEDIUM-SIZED ENTERPRISES SEGMENT TO GROW AT HIGHER CAGR DURING FORECAST PERIOD123
TABLE 55DIGITAL TRANSFORMATION MARKET, BY ORGANIZATION SIZE, 2016–2021 (USD MILLION)124
TABLE 56DIGITAL TRANSFORMATION MARKET, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION)124
9.2SMALL AND MEDIUM-SIZED ENTERPRISES124
9.2.1INCREASED COMPETITIVE MARKET SCENARIO PROMPTING SMALL AND MEDIUM-SIZED ENTERPRISES TO INVEST IN DIGITAL TRANSFORMATION124
TABLE 57SMALL AND MEDIUM-SIZED ENTERPRISES: DIGITAL TRANSFORMATION MARKET, BY REGION, 2016–2021 (USD MILLION)125
TABLE 58SMALL AND MEDIUM-SIZED ENTERPRISES: DIGITAL TRANSFORMATION MARKET, BY REGION, 2022–2027 (USD MILLION)125
9.3LARGE ENTERPRISES126
9.3.1DIGITAL TRANSFORMATION OF LARGE ENTERPRISES TO HELP ACHIEVE UNIQUE VALUE PROPOSITION FOR BUSINESSES126
TABLE 59LARGE ENTERPRISES: DIGITAL TRANSFORMATION MARKET, BY REGION, 2016–2021 (USD MILLION)126
TABLE 60LARGE ENTERPRISES: DIGITAL TRANSFORMATION MARKET, BY REGION, 2022–2027 (USD MILLION)127
10DIGITAL TRANSFORMATION MARKET, BY BUSINESS FUNCTION128
10.1INTRODUCTION129
10.1.1BUSINESS FUNCTION: DIGITAL TRANSFORMATION MARKET DRIVERS129
FIGURE 32OTHER BUSINESS FUNCTIONS SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD129
TABLE 61DIGITAL TRANSFORMATION MARKET, BY BUSINESS FUNCTION, 2016–2021 (USD MILLION)130
TABLE 62DIGITAL TRANSFORMATION MARKET, BY BUSINESS FUNCTION, 2022–2027 (USD MILLION)130
10.2DIGITAL TRANSFORMATION: ENTERPRISE USE CASES131
10.3FINANCE131
10.3.1ADVANCED TECHNOLOGIES TO GENERATE NEW POSSIBILITIES AND ACCELERATE REVOLUTION OF FINANCE ACROSS BUSINESSES131
TABLE 63FINANCE: DIGITAL TRANSFORMATION MARKET, BY REGION, 2016–2021 (USD MILLION)131
TABLE 64FINANCE: DIGITAL TRANSFORMATION MARKET, BY REGION, 2022–2027 (USD MILLION)132
10.4INFORMATION TECHNOLOGY132
10.4.1RAPID ADOPTION OF DIGITAL TRANSFORMATION SOLUTIONS TO HELP MAINTAIN DATA CONFIDENTIALITY AND INTEGRITY132
TABLE 65INFORMATION TECHNOLOGY: DIGITAL TRANSFORMATION MARKET, BY REGION, 2016–2021 (USD MILLION)133
TABLE 66INFORMATION TECHNOLOGY: DIGITAL TRANSFORMATION MARKET, BY REGION, 2022–2027 (USD MILLION)133
10.5HUMAN RESOURCES133
10.5.1DIGITAL TRANSFORMATION IN HUMAN RESOURCES TO PROVIDE ENHANCED DATA-DRIVEN JUDGEMENT AND IMPROVED STAFF ENGAGEMENT133
TABLE 67HUMAN RESOURCE: DIGITAL TRANSFORMATION MARKET, BY REGION, 2016–2021 (USD MILLION)134
TABLE 68HUMAN RESOURCE: DIGITAL TRANSFORMATION MARKET, BY REGION, 2022–2027 (USD MILLION)134
10.6MARKETING & SALES134
10.6.1DIGITAL TRANSFORMATION IN SALES & MARKETING TO PROVIDE WIDER MARKETING INSIGHTS AND CUSTOMER DATA134
TABLE 69MARKETING & SALES: DIGITAL TRANSFORMATION MARKET, BY REGION, 2016–2021 (USD MILLION)135
TABLE 70MARKETING & SALES: DIGITAL TRANSFORMATION MARKET, BY REGION, 2022–2027 (USD MILLION)135
10.7OTHER BUSINESS FUNCTIONS135
TABLE 71OTHER BUSINESS FUNCTIONS: DIGITAL TRANSFORMATION MARKET, BY REGION, 2016–2021 (USD MILLION)136
TABLE 72OTHER BUSINESS FUNCTIONS: DIGITAL TRANSFORMATION MARKET, BY REGION, 2022–2027 (USD MILLION)136
11DIGITAL TRANSFORMATION MARKET, BY VERTICAL137
11.1INTRODUCTION138
11.1.1VERTICAL: DIGITAL TRANSFORMATION MARKET DRIVERS138
FIGURE 33BANKING, FINANCIAL SERVICES, AND INSURANCE VERTICAL TO ACCOUNT FOR LARGEST MARKET SIZE DURING FORECAST PERIOD139
TABLE 73DIGITAL TRANSFORMATION MARKET, BY VERTICAL, 2016–2021 (USD MILLION)139
TABLE 74DIGITAL TRANSFORMATION MARKET, BY VERTICAL, 2022–2027 (USD MILLION)140
11.2BANKING, FINANCIAL SERVICES, AND INSURANCE140
11.2.1IMPROVED BUSINESS PERFORMANCE AND REDUCED COST TO BOOST DEMAND FOR DIGITAL TRANSFORMATION SOLUTIONS140
TABLE 75BANKING, FINANCIAL SERVICES, AND INSURANCE: USE CASES141
TABLE 76BANKING, FINANCIAL SERVICES, AND INSURANCE: DIGITAL TRANSFORMATION MARKET, BY REGION, 2016–2021 (USD MILLION)141
TABLE 77BANKING, FINANCIAL SERVICES, AND INSURANCE: DIGITAL TRANSFORMATION MARKET, BY REGION, 2022–2027 (USD MILLION)142
11.3RETAIL & ECOMMERCE142
11.3.1ADOPTION OF DIGITAL TRANSFORMATION SOLUTIONS TO BOOST BUSINESS DECISION PERFORMANCE AND PROFIT MARGINS142
TABLE 78RETAIL & ECOMMERCE: USE CASES143
TABLE 79RETAIL & ECOMMERCE: DIGITAL TRANSFORMATION MARKET, BY REGION, 2016–2021 (USD MILLION)143
TABLE 80RETAIL & ECOMMERCE: DIGITAL TRANSFORMATION MARKET, BY REGION, 2022–2027 (USD MILLION)144
11.4INFORMATION TECHNOLOGY/INFORMATION TECHNOLOGY-ENABLED SERVICES144
11.4.1DIGITALIZING BUSINESS PROCESSES TO MEET GROWING CUSTOMER DEMANDS TO DRIVE DIGITAL TRANSFORMATION MARKET144
TABLE 81INFORMATION TECHNOLOGY/INFORMATION TECHNOLOGY-ENABLED SERVICES: USE CASES144
TABLE 82INFORMATION TECHNOLOGY/INFORMATION TECHNOLOGY-ENABLED SERVICES: DIGITAL TRANSFORMATION MARKET, BY REGION, 2016–2021 (USD MILLION)145
TABLE 83INFORMATION TECHNOLOGY/INFORMATION TECHNOLOGY-ENABLED SERVICES: DIGITAL TRANSFORMATION MARKET, BY REGION, 2022–2027 (USD MILLION)145
11.5MEDIA & ENTERTAINMENT145
11.5.1RISING CONTENT CONSUMPTION, DIGITAL ENTERTAINMENT, AND CLOUD ADOPTION TO GENERATE DEMAND FOR DIGITAL TRANSFORMATION145
TABLE 84MEDIA & ENTERTAINMENT: USE CASES146
TABLE 85MEDIA & ENTERTAINMENT: DIGITAL TRANSFORMATION MARKET, BY REGION, 2016–2021 (USD MILLION)146
TABLE 86MEDIA & ENTERTAINMENT: DIGITAL TRANSFORMATION MARKET, BY REGION, 2022–2027 (USD MILLION)146
11.6MANUFACTURING147
11.6.1ADOPTION OF DIGITAL TRANSFORMATION WITH NEW TECHNOLOGIES TO BOOST PERFORMANCE AND IMPROVE DECISION-MAKING147
TABLE 87MANUFACTURING: USE CASES147
TABLE 88MANUFACTURING: DIGITAL TRANSFORMATION MARKET, BY REGION, 2016–2021 (USD MILLION)148
TABLE 89MANUFACTURING: DIGITAL TRANSFORMATION MARKET, BY REGION, 2022–2027 (USD MILLION)148
11.7HEALTHCARE, LIFE SCIENCES & PHARMACEUTICALS148
11.7.1REAL-TIME DECISION-MAKING TO DELIVER PROPER INSIGHTS FOR PATIENTS TO BOOST NEED FOR DIGITAL TRANSFORMATION SOLUTIONS148
TABLE 90HEALTHCARE, LIFE SCIENCES & PHARMACEUTICALS: USE CASES149
TABLE 91HEALTHCARE, LIFE SCIENCES & PHARMACEUTICALS: DIGITAL TRANSFORMATION MARKET, BY REGION, 2016–2021 (USD MILLION)149
TABLE 92HEALTHCARE, LIFE SCIENCES & PHARMACEUTICALS: DIGITAL TRANSFORMATION MARKET, BY REGION, 2022–2027 (USD MILLION)150
11.8ENERGY & UTILITIES150
11.8.1RISING NEED TO MANAGE MASSIVE AMOUNTS OF MISSION-CRITICAL MATERIAL IN REAL TIME TO DRIVE MARKET150
TABLE 93ENERGY & UTILITIES: USE CASES150
TABLE 94ENERGY & UTILITIES: DIGITAL TRANSFORMATION MARKET, BY REGION, 2016–2021 (USD MILLION)151
TABLE 95ENERGY & UTILITIES: DIGITAL TRANSFORMATION MARKET, BY REGION, 2022–2027 (USD MILLION)151
11.9GOVERNMENT & DEFENSE151
11.9.1TAX COLLECTION, SAFETY, PUBLIC INTEREST, AND CRITICAL INTERNATIONAL DATA SHARING TO BOOST DIGITAL TRANSFORMATION MARKET GROWTH151
TABLE 96GOVERNMENT & DEFENSE: USE CASES152
TABLE 97GOVERNMENT & DEFENSE: DIGITAL TRANSFORMATION MARKET, BY REGION, 2016–2021 (USD MILLION)152
TABLE 98GOVERNMENT & DEFENSE: DIGITAL TRANSFORMATION MARKET, BY REGION, 2022–2027 (USD MILLION)153
11.10TELECOMMUNICATIONS153
11.10.1INCREASING USE OF CONNECTED DEVICES, IOT, AND 5G TO HELP ADOPTION OF DIGITAL TRANSFORMATION SOLUTIONS153
TABLE 99TELECOMMUNICATIONS: USE CASES154
TABLE 100TELECOMMUNICATIONS: DIGITAL TRANSFORMATION MARKET, BY REGION, 2016–2021 (USD MILLION)154
TABLE 101TELECOMMUNICATIONS: DIGITAL TRANSFORMATION MARKET, BY REGION, 2022–2027 (USD MILLION)154
11.11OTHER VERTICALS155
TABLE 102OTHER VERTICALS: DIGITAL TRANSFORMATION MARKET, BY REGION, 2016–2021 (USD MILLION)156
TABLE 103OTHER VERTICALS: DIGITAL TRANSFORMATION MARKET, BY REGION, 2022–2027 (USD MILLION)156
12DIGITAL TRANSFORMATION MARKET, BY REGION157
12.1INTRODUCTION158
FIGURE 34VIETNAM TO ACCOUNT FOR HIGHEST CAGR DURING FORECAST PERIOD158
FIGURE 35ASIA PACIFIC TO ACCOUNT FOR HIGHEST CAGR DURING FORECAST PERIOD159
TABLE 104DIGITAL TRANSFORMATION MARKET, BY REGION, 2016–2021 (USD MILLION)159
TABLE 105DIGITAL TRANSFORMATION MARKET, BY REGION, 2022–2027 (USD MILLION)159
12.2NORTH AMERICA160
12.2.1NORTH AMERICA: DIGITAL TRANSFORMATION MARKET DRIVERS160
TABLE 106NORTH AMERICA: PROMINENT PLAYERS161
FIGURE 36NORTH AMERICA: MARKET SNAPSHOT161
TABLE 107NORTH AMERICA: DIGITAL TRANSFORMATION MARKET, BY COMPONENT, 2016–2021 (USD MILLION)162
TABLE 108NORTH AMERICA: DIGITAL TRANSFORMATION MARKET, BY COMPONENT, 2022–2027 (USD MILLION)162
TABLE 109NORTH AMERICA: DIGITAL TRANSFORMATION MARKET, BY SERVICE, 2016–2021 (USD MILLION)162
TABLE 110NORTH AMERICA: DIGITAL TRANSFORMATION MARKET, BY SERVICE, 2022–2027 (USD MILLION)162
TABLE 111NORTH AMERICA: DIGITAL TRANSFORMATION MARKET, BY TECHNOLOGY, 2016–2021 (USD MILLION)163
TABLE 112NORTH AMERICA: DIGITAL TRANSFORMATION MARKET, BY TECHNOLOGY, 2022–2027 (USD MILLION)163
TABLE 113NORTH AMERICA: DIGITAL TRANSFORMATION MARKET, BY DEPLOYMENT TYPE, 2016–2021 (USD MILLION)163
TABLE 114NORTH AMERICA: DIGITAL TRANSFORMATION MARKET, BY DEPLOYMENT TYPE, 2022–2027 (USD MILLION)164
TABLE 115NORTH AMERICA: DIGITAL TRANSFORMATION MARKET, BY ORGANIZATION SIZE, 2016–2021 (USD MILLION)164
TABLE 116NORTH AMERICA: DIGITAL TRANSFORMATION MARKET, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION)164
TABLE 117NORTH AMERICA: DIGITAL TRANSFORMATION MARKET, BY BUSINESS FUNCTION, 2016–2021 (USD MILLION)164
TABLE 118NORTH AMERICA: DIGITAL TRANSFORMATION MARKET, BY BUSINESS FUNCTION, 2022–2027 (USD MILLION)165
TABLE 119NORTH AMERICA: DIGITAL TRANSFORMATION MARKET, BY VERTICAL, 2016–2021 (USD MILLION)165
TABLE 120NORTH AMERICA: DIGITAL TRANSFORMATION MARKET, BY VERTICAL, 2022–2027 (USD MILLION)166
TABLE 121NORTH AMERICA: DIGITAL TRANSFORMATION MARKET, BY COUNTRY, 2016–2021 (USD MILLION)166
TABLE 122NORTH AMERICA: DIGITAL TRANSFORMATION MARKET, BY COUNTRY, 2022–2027 (USD MILLION)166
12.2.2US167
12.2.2.1Presence of various global players and increase in usage of digitalization in various verticals to drive market growth167
TABLE 123UNITED STATES: DIGITAL TRANSFORMATION MARKET, BY DEPLOYMENT TYPE, 2016–2021 (USD MILLION)167
TABLE 124UNITED STATES: DIGITAL TRANSFORMATION MARKET, BY DEPLOYMENT TYPE, 2022–2027 (USD MILLION)168
TABLE 125UNITED STATES: DIGITAL TRANSFORMATION MARKET, BY TECHNOLOGY, 2016–2021 (USD MILLION)168
TABLE 126UNITED STATES: DIGITAL TRANSFORMATION MARKET, BY TECHNOLOGY, 2022–2027 (USD MILLION)168
12.2.3CANADA169
12.2.3.1Huge investments and growing availability of advanced technologies to drive adoption of digital transformation169
12.3EUROPE169
12.3.1EUROPE: DIGITAL TRANSFORMATION MARKET DRIVERS170
TABLE 127EUROPE: PROMINENT PLAYERS170
TABLE 128EUROPE: DIGITAL TRANSFORMATION MARKET, BY COMPONENT, 2016–2021 (USD MILLION)170
TABLE 129EUROPE: DIGITAL TRANSFORMATION MARKET, BY COMPONENT, 2022–2027 (USD MILLION)171
TABLE 130EUROPE: DIGITAL TRANSFORMATION MARKET, BY SERVICE, 2016–2021 (USD MILLION)171
TABLE 131EUROPE: DIGITAL TRANSFORMATION MARKET, BY SERVICE, 2022–2027 (USD MILLION)171
TABLE 132EUROPE: DIGITAL TRANSFORMATION MARKET, BY TECHNOLOGY, 2016–2021 (USD MILLION)171
TABLE 133EUROPE: DIGITAL TRANSFORMATION MARKET, BY TECHNOLOGY, 2022–2027 (USD MILLION)172
TABLE 134EUROPE: DIGITAL TRANSFORMATION MARKET, BY DEPLOYMENT TYPE, 2016–2021 (USD MILLION)172
TABLE 135EUROPE: DIGITAL TRANSFORMATION MARKET, BY DEPLOYMENT TYPE, 2022–2027 (USD MILLION)172
TABLE 136EUROPE: DIGITAL TRANSFORMATION MARKET, BY ORGANIZATION SIZE, 2016–2021 (USD MILLION)173
TABLE 137EUROPE: DIGITAL TRANSFORMATION MARKET, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION)173
TABLE 138EUROPE: DIGITAL TRANSFORMATION MARKET, BY BUSINESS FUNCTION, 2016–2021 (USD MILLION)173
TABLE 139EUROPE: DIGITAL TRANSFORMATION MARKET, BY BUSINESS FUNCTION, 2022–2027 (USD MILLION)174
TABLE 140EUROPE: DIGITAL TRANSFORMATION MARKET, BY VERTICAL, 2016–2021 (USD MILLION)174
TABLE 141EUROPE: DIGITAL TRANSFORMATION MARKET, BY VERTICAL, 2022–2027 (USD MILLION)175
TABLE 142EUROPE: DIGITAL TRANSFORMATION MARKET, BY COUNTRY, 2016–2021 (USD MILLION)175
TABLE 143EUROPE: DIGITAL TRANSFORMATION MARKET, BY COUNTRY, 2022–2027 (USD MILLION)175
12.3.2UK176
12.3.2.1Advanced IT infrastructure and initiatives boosting digital transformation across several verticals to drive demand176
TABLE 144UNITED KINGDOM: DIGITAL TRANSFORMATION MARKET, BY DEPLOYMENT TYPE, 2016–2021 (USD MILLION)176
TABLE 145UNITED KINGDOM: DIGITAL TRANSFORMATION MARKET, BY DEPLOYMENT TYPE, 2022–2027 (USD MILLION)176
TABLE 146UNITED KINGDOM: DIGITAL TRANSFORMATION MARKET, BY TECHNOLOGY, 2016–2021 (USD MILLION)177
TABLE 147UNITED KINGDOM: DIGITAL TRANSFORMATION MARKET, BY TECHNOLOGY, 2022–2027 (USD MILLION)177
12.3.3GERMANY177
12.3.3.1Huge investments in technological developments and government initiatives to drive demand for digital transformation177
12.3.4FRANCE178
12.3.4.1Heavy demand for digitalization along with huge investments in R&D to drive market growth178
12.3.5POLAND178
12.3.5.1Private and public sectors to rapidly adopt digital transformation solutions to innovate business processes178
12.3.6REST OF EUROPE179
12.4ASIA PACIFIC179
12.4.1ASIA PACIFIC: DIGITAL TRANSFORMATION MARKET DRIVERS180
TABLE 148ASIA PACIFIC: PROMINENT PLAYERS180
FIGURE 37ASIA PACIFIC: MARKET SNAPSHOT181
TABLE 149ASIA PACIFIC: DIGITAL TRANSFORMATION MARKET, BY COMPONENT, 2016–2021 (USD MILLION)182
TABLE 150ASIA PACIFIC: DIGITAL TRANSFORMATION MARKET, BY COMPONENT, 2022–2027 (USD MILLION)182
TABLE 151ASIA PACIFIC: DIGITAL TRANSFORMATION MARKET, BY SERVICE, 2016–2021 (USD MILLION)182
TABLE 152ASIA PACIFIC: DIGITAL TRANSFORMATION MARKET, BY SERVICE, 2022–2027 (USD MILLION)182
TABLE 153ASIA PACIFIC: DIGITAL TRANSFORMATION MARKET, BY TECHNOLOGY, 2016–2021 (USD MILLION)183
TABLE 154ASIA PACIFIC: DIGITAL TRANSFORMATION MARKET, BY TECHNOLOGY, 2022–2027 (USD MILLION)183
TABLE 155ASIA PACIFIC: DIGITAL TRANSFORMATION MARKET, BY DEPLOYMENT TYPE, 2016–2021 (USD MILLION)183
TABLE 156ASIA PACIFIC: DIGITAL TRANSFORMATION MARKET, BY DEPLOYMENT TYPE, 2022–2027 (USD MILLION)184
TABLE 157ASIA PACIFIC: DIGITAL TRANSFORMATION MARKET, BY ORGANIZATION SIZE, 2016–2021 (USD MILLION)184
TABLE 158ASIA PACIFIC: DIGITAL TRANSFORMATION MARKET, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION)184
TABLE 159ASIA PACIF
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