Product Code: TC 3447
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. 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.
Scope of the Report |
Years Considered for the Study | 2019-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Units Considered | USD (Billion) |
Segments | Offering, Technology, Business Function, Vertical, and Region |
Regions covered | North America, Europe, Asia Pacific, Middle East & Africa, and Latin America |
"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
- 1.1 STUDY OBJECTIVES
- 1.2 MARKET DEFINITION
- 1.2.1 INCLUSIONS AND EXCLUSIONS
- 1.3 STUDY SCOPE
- 1.3.1 MARKET SEGMENTATION
- 1.3.2 YEARS CONSIDERED
- 1.4 CURRENCY CONSIDERED
- 1.5 STAKEHOLDERS
- 1.6 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY
- 2.1 RESEARCH DATA
- 2.1.1 SECONDARY DATA
- 2.1.2 PRIMARY DATA
- 2.1.2.1 Breakup of primary profiles
- 2.1.2.2 Key insights from industry experts
- 2.2 MARKET BREAKUP AND DATA TRIANGULATION
- 2.3 MARKET SIZE ESTIMATION
- 2.3.1 TOP-DOWN APPROACH
- 2.3.2 BOTTOM-UP APPROACH
- 2.4 MARKET FORECAST
- 2.5 RESEARCH ASSUMPTIONS
- 2.6 RESEARCH LIMITATIONS
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
- 4.1 ATTRACTIVE OPPORTUNITIES FOR KEY PLAYERS IN DIGITAL TRANSFORMATION MARKET
- 4.2 DIGITAL TRANSFORMATION MARKET: TOP THREE TECHNOLOGIES
- 4.3 NORTH AMERICA: DIGITAL TRANSFORMATION MARKET, BY OFFERING AND VERTICAL
- 4.4 DIGITAL TRANSFORMATION MARKET, BY REGION
5 MARKET OVERVIEW AND INDUSTRY TRENDS
- 5.1 INTRODUCTION
- 5.2 MARKET DYNAMICS
- 5.2.1 DRIVERS
- 5.2.1.1 Increasing adoption of advanced technologies to address rising customer expectations
- 5.2.1.2 Emergence of Digital Public Infrastructure (DPI)
- 5.2.1.3 Need for improved operational efficiency and cost reduction
- 5.2.2 RESTRAINTS
- 5.2.2.1 Evolving regional data regulations to lead to time-consuming restructuring of predictive models
- 5.2.2.2 Achieving seamless integration between various digital platforms and legacy systems
- 5.2.2.3 Implementation of cybersecurity to protect sensitive data in increasingly connected digital ecosystem
- 5.2.3 OPPORTUNITIES
- 5.2.3.1 Looming advent of practical quantum computing
- 5.2.3.2 Expansion of IoT devices & platforms driving integration of connected technologies
- 5.2.3.3 Adoption of blockchain technology for secure and transparent digital transactions
- 5.2.4 CHALLENGES
- 5.2.4.1 Digital skill gap and shortage of adjacent technological resources
- 5.2.4.2 Lack of organizational change management strategy
- 5.2.4.3 Challenges regarding rapid adoption of new tools and processes
- 5.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
- 5.4 PRICING ANALYSIS
- 5.4.1 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY TECHNOLOGY
- 5.4.2 INDICATIVE PRICING ANALYSIS, BY OFFERING
- 5.5 SUPPLY CHAIN ANALYSIS
- 5.6 IMPACT OF GENERATIVE AI ON DIGITAL TRANSFORMATION
- 5.6.1 TOP USE CASES & MARKET POTENTIAL
- 5.6.1.1 Key use cases
- 5.6.1.1.1 Automated code generation
- 5.6.1.1.2 Customer support chatbots
- 5.6.1.1.3 Predictive maintenance
- 5.6.1.1.4 Fraud detection & prevention
- 5.6.1.1.5 Product development & design
- 5.6.1.1.6 Automated content creation
- 5.7 ECOSYSTEM ANALYSIS
- 5.7.1 DIGITAL TRANSFORMATION SOFTWARE PROVIDERS
- 5.7.2 DIGITAL TRANSFORMATION SERVICE PROVIDERS
- 5.7.3 VALUE-ADDED SERVICE PROVIDERS
- 5.7.4 SYSTEM INTEGRATORS
- 5.7.5 END USERS
- 5.8 TECHNOLOGY ANALYSIS
- 5.8.1 KEY TECHNOLOGIES
- 5.8.1.1 Low-code/No-code development platforms
- 5.8.1.2 MLOps
- 5.8.1.3 NLP
- 5.8.2 COMPLEMENTARY TECHNOLOGIES
- 5.8.2.1 AR/VR
- 5.8.2.2 Edge computing
- 5.8.2.3 3D printing (additive manufacturing)
- 5.8.3 ADJACENT TECHNOLOGIES
- 5.8.3.1 Digital twin modeling
- 5.8.3.2 Quantum computing
- 5.8.3.3 API management platforms
- 5.9 PATENT ANALYSIS
- 5.9.1 METHODOLOGY
- 5.9.2 PATENTS FILED, BY DOCUMENT TYPE
- 5.9.3 INNOVATION AND PATENT APPLICATIONS
- 5.10 KEY CONFERENCES AND EVENTS, 2024-2025
- 5.11 REGULATORY LANDSCAPE
- 5.11.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
- 5.11.2 REGULATIONS, BY REGION
- 5.11.2.1 North America
- 5.11.2.1.1 US
- 5.11.2.1.2 Canada
- 5.11.2.2 Europe
- 5.11.2.3 Asia Pacific
- 5.11.2.3.1 Singapore
- 5.11.2.3.2 China
- 5.11.2.3.3 India
- 5.11.2.3.4 Japan
- 5.11.2.4 Middle East & Africa
- 5.11.2.4.1 UAE
- 5.11.2.4.2 KSA
- 5.11.2.4.3 South Africa
- 5.11.2.5 Latin America
- 5.11.2.5.1 Brazil
- 5.11.2.5.2 Mexico
- 5.12 PORTER'S FIVE FORCES ANALYSIS
- 5.12.1 THREAT OF NEW ENTRANTS
- 5.12.2 THREAT OF SUBSTITUTES
- 5.12.3 BARGAINING POWER OF SUPPLIERS
- 5.12.4 BARGAINING POWER OF BUYERS
- 5.12.5 INTENSITY OF COMPETITIVE RIVALRY
- 5.13 KEY STAKEHOLDERS AND BUYING CRITERIA
- 5.13.1 KEY STAKEHOLDERS IN BUYING PROCESS
- 5.13.2 BUYING CRITERIA
- 5.14 DIGITAL TRANSFORMATION MARKET: EVOLUTION
- 5.15 DIGITAL TRANSFORMATION MARKET TECHNOLOGY ROADMAP
- 5.16 BUSINESS MODELS OF DIGITAL TRANSFORMATION MARKET
- 5.17 DIGITAL TRANSFORMATION MARKET: MATURITY MODELS
- 5.18 INVESTMENT LANDSCAPE AND FUNDING SCENARIO
- 5.19 CASE STUDY ANALYSIS
- 5.19.1 BFSI
- 5.19.1.1 Cognizant's AI and automation solution helped leading property and casualty insurance company improve insurance claims process
- 5.19.2 TELECOMMUNICATIONS
- 5.19.2.1 American TSP provider collaborated with HCL to personalize customer-centric approach and enhance experience in dynamic virtual ecosystem
- 5.19.3 RETAIL & ECOMMERCE
- 5.19.3.1 ASOS used Microsoft Azure ML service to reduce time-to-market for recommendation model
- 5.19.4 ENERGY & UTILITIES
- 5.19.4.1 Searcher Seismic made easy access in oil & gas industry with Cloudera solutions
- 5.19.5 HEALTHCARE & LIFE SCIENCES
- 5.19.5.1 Leading healthcare company adopted Cognizant's AI-driven solution to identify drug-seeking behavior
- 5.19.6 MANUFACTURING
- 5.19.6.1 IBM helped Shenzhen CSOT boost production quality and output
- 5.19.7 MEDIA & ENTERTAINMENT
- 5.19.7.1 Leading media conglomerate redefined user experience through human-centric design with HCL's digital transformation solution
6 DIGITAL TRANSFORMATION MARKET, BY OFFERING
- 6.1 INTRODUCTION
- 6.1.1 OFFERINGS: DIGITAL TRANSFORMATION MARKET DRIVERS
- 6.2 SOFTWARE
- 6.2.1 CYBERSECURITY SOFTWARE TO MAKE PROCESSES SMOOTHER, ENHANCE OPERATIONS, AND PROMOTE INNOVATION
- 6.2.2 SOFTWARE, BY TYPE
- 6.2.2.1 Business process transformation
- 6.2.2.2 Business model transformation
- 6.2.2.3 Business domain transformation
- 6.2.2.4 Culture/Organization transformation
- 6.2.3 SOFTWARE, BY DEPLOYMENT MODE
- 6.2.3.1 On-premises
- 6.2.3.2 Cloud
- 6.3 SERVICES
- 6.3.1 DIGITAL TRANSFORMATION SERVICES TO IDENTIFY INNOVATION POSSIBILITIES, EVALUATE TECHNOLOGY LANDSCAPE, AND DEVELOP CUSTOMIZED ROADMAPS
- 6.3.2 PROFESSIONAL SERVICES
- 6.3.2.1 Training & consulting
- 6.3.2.2 System integration & implementation
- 6.3.2.3 Support & maintenance
- 6.3.2.4 Application modernization
- 6.3.3 MANAGED SERVICES
7 DIGITAL TRANSFORMATION MARKET, BY TECHNOLOGY
- 7.1 INTRODUCTION
- 7.1.1 TECHNOLOGIES: DIGITAL TRANSFORMATION MARKET DRIVERS
- 7.2 CLOUD COMPUTING
- 7.2.1 CLOUD COMPUTING TO STORE, PROCESS, AND ANALYZE LARGE AMOUNTS OF DATA WITHOUT BEING CONFINED IN TRADITIONAL IN-HOUSE SYSTEM
- 7.2.2 PUBLIC CLOUD
- 7.2.3 PRIVATE CLOUD
- 7.2.4 HYBRID CLOUD
- 7.3 ARTIFICIAL INTELLIGENCE
- 7.3.1 ARTIFICIAL INTELLIGENCE TO HELP AUTOMATE REPETITIVE TASKS, USE STREAMLINED PROCESSES, AND MAKE INFORMED DECISIONS BASED ON DATA
- 7.3.2 NARROW AI
- 7.3.3 GENERAL PURPOSE AI
- 7.4 BIG DATA ANALYTICS
- 7.4.1 BIG DATA ANALYTICS TO SUPPORT REAL-TIME SURVEILLANCE, ANTICIPATE MARKET CHANGES, AND ANALYZE HISTORICAL RECORDS
- 7.4.2 DESCRIPTIVE ANALYTICS
- 7.4.3 DIAGNOSTIC ANALYTICS
- 7.4.4 PREDICTIVE ANALYTICS
- 7.4.5 PRESCRIPTIVE ANALYTICS
- 7.5 BLOCKCHAIN
- 7.5.1 BLOCKCHAIN TECHNOLOGY TO HELP IMPROVE OPERATIONS, INCREASE TRANSPARENCY, AND MAINTAIN DATA ACCURACY
- 7.5.2 PUBLIC BLOCKCHAIN
- 7.5.3 PRIVATE BLOCKCHAIN
- 7.5.4 HYBRID BLOCKCHAIN
- 7.5.5 CONSORTIUM BLOCKCHAIN
- 7.6 CYBERSECURITY
- 7.6.1 ADVANCED CYBERSECURITY MEASURES TO PREVENT UNAUTHORIZED ACCESS TO SYSTEMS, SAFEGUARD SENSITIVE DATA, AND ENSURE SYSTEM'S INTEGRITY
- 7.6.2 NETWORK SECURITY
- 7.6.3 APPLICATION SECURITY
- 7.6.4 CLOUD SECURITY
- 7.6.5 ENDPOINT & INTERNET OF THINGS (IOT) SECURITY
- 7.7 INTERNET OF THINGS (IOT)
- 7.7.1 NEED TO IMPROVE OPERATIONS BY REDUCING DOWNTIME, OPTIMIZING PROCESSES, AND ENHANCING RESOURCE MANAGEMENT TO PROPEL MARKET
- 7.7.2 INTERNET OF THINGS CONNECTIVITY MANAGEMENT PLATFORMS
- 7.7.3 INTERNET OF THINGS DEVICE MANAGEMENT PLATFORMS
- 7.7.4 INTERNET OF THINGS CLOUD PLATFORMS
- 7.7.5 INTERNET OF THINGS APPLICATION ENABLEMENT PLATFORMS
- 7.7.6 INTERNET OF THINGS ADVANCED ANALYTICS PLATFORMS
- 7.8 ROBOTICS PROCESS AUTOMATION
- 7.8.1 ROBOTIC PROCESS AUTOMATION TO INTEGRATE WITH EXISTING IT SYSTEMS AND OTHER ADVANCED TECHNOLOGIES
- 7.8.2 ATTENDED AUTOMATION
- 7.8.3 UNATTENDED AUTOMATION
- 7.8.4 HYBRID ROBOTIC PROCESS AUTOMATION
8 DIGITAL TRANSFORMATION MARKET, BY BUSINESS FUNCTION
- 8.1 INTRODUCTION
- 8.1.1 BUSINESS FUNCTIONS: DIGITAL TRANSFORMATION MARKET DRIVERS
- 8.2 ACCOUNTING & FINANCE
- 8.2.1 CLOUD COMPUTING INTEGRATION TO ENABLE ACCESS TO FINANCIAL DATA IN REAL-TIME, ENHANCE TEAMWORK, AND IMPROVE PRODUCTIVITY
- 8.3 IT & OPERATIONS
- 8.3.1 IT DEPARTMENTS TO REMOVE MANUAL BOTTLENECKS IN WORKFLOWS, REDUCE INCIDENTS, AND STRENGTHEN DATA GOVERNANCE BY SHIFTING TOWARD "DIGITAL FIRST" STRATEGY
- 8.4 HUMAN RESOURCES
- 8.4.1 HUMAN RESOURCES DEPARTMENTS TO UTILIZE DIGITAL PLATFORMS TO ENHANCE RECRUITMENT PROCEDURES, EMPLOYEE INVOLVEMENT, AND TALENT OVERSIGHT
- 8.5 MARKETING & SALES
- 8.5.1 INTEGRATING DIGITAL TECHNIQUES INTO OPERATIONS TO STREAMLINE WORKFLOWS, CONVERT PROSPECTS FASTER, AND BOOST REVENUES
- 8.6 RESEARCH & DEVELOPMENT
- 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
9 DIGITAL TRANSFORMATION MARKET, BY VERTICAL
- 9.1 INTRODUCTION
- 9.1.1 VERTICALS: DIGITAL TRANSFORMATION MARKET DRIVERS
- 9.2 BFSI
- 9.2.1 AUTOMATION TO REDUCE MANUAL WORK PROCESSES, BOOST PRODUCTIVITY, AND LOWER COSTS OF OPERATION
- 9.2.2 AUTOMATIC FRAUD DETECTION & PREVENTION
- 9.2.3 ASSET & INVESTMENT MANAGEMENT
- 9.2.4 AUTOMATED CUSTOMER SERVICE (CHATBOTS)
- 9.2.5 HYPER-PERSONALIZED FINANCIAL SERVICES
- 9.2.6 REGULATORY COMPLIANCE MONITORING
- 9.2.7 OTHER BANKING, FINANCIAL SERVICES, AND INSURANCE APPLICATIONS
- 9.3 RETAIL & ECOMMERCE
- 9.3.1 DIGITAL TRANSITION TO HELP CUSTOMERS INTERACT WITH BRANDS, IMPROVE CUSTOMER EXPERIENCES, AND OPTIMIZE OPERATIONS
- 9.3.2 PERSONALIZED PRODUCT RECOMMENDATIONS
- 9.3.3 CUSTOMER RELATIONSHIP MANAGEMENT
- 9.3.4 PAYMENT SERVICES MANAGEMENT
- 9.3.5 SELF-CHECKOUT SYSTEMS
- 9.3.6 OMNICHANNEL INTEGRATION
- 9.3.7 OTHER RETAIL & ECOMMERCE APPLICATIONS
- 9.4 IT & ITES
- 9.4.1 NEED TO IMPROVE USER EXPERIENCES, ESTABLISH NEW REVENUE STREAMS, AND SCALE UP SERVICES TO FOSTER MARKET GROWTH
- 9.4.2 AUTOMATED CODE GENERATION & OPTIMIZATION
- 9.4.3 AUTOMATED IT ASSET MANAGEMENT
- 9.4.4 IT TICKETING & SUPPORT AUTOMATION
- 9.4.5 INTELLIGENT DATA BACKUP & RECOVERY
- 9.4.6 AUTOMATED SOFTWARE TESTING & QUALITY ASSURANCE
- 9.4.7 OTHER IT & ITES APPLICATIONS
- 9.5 MEDIA & ENTERTAINMENT
- 9.5.1 ENHANCEMENT IN CONTENT CREATION & GENERATION AND NEED FOR PERSONALIZED ADVERTISEMENT TO PROPEL MARKET
- 9.5.2 CONTENT RECOMMENDATION SYSTEMS
- 9.5.3 CONTENT CREATION & GENERATION
- 9.5.4 CONTENT COPYRIGHT PROTECTION
- 9.5.5 AUDIENCE ENGAGEMENT & PERSONALIZATION
- 9.5.6 PERSONALIZED ADVERTISING
- 9.5.7 OTHER MEDIA & ENTERTAINMENT APPLICATIONS
- 9.6 MANUFACTURING
- 9.6.1 NEED TO OPTIMIZE PRODUCTION SCHEDULES, ALLOCATE RESOURCES BETTER, AND REDUCE TIME-TO-MARKET TO FOSTER MARKET GROWTH
- 9.6.2 PREDICTIVE MAINTENANCE & MACHINERY INSPECTION
- 9.6.3 PRODUCTION PLANNING
- 9.6.4 DEFECT DETECTION & PREVENTION
- 9.6.5 QUALITY CONTROL
- 9.6.6 PRODUCTION LINE OPTIMIZATION
- 9.6.7 INTELLIGENT INVENTORY MANAGEMENT
- 9.6.8 OTHER MANUFACTURING APPLICATIONS
- 9.7 HEALTHCARE, LIFE SCIENCES, AND PHARMACEUTICALS
- 9.7.1 NEED FOR OPTIMIZED CLINICAL TRIALS, FAST-TRACKING OF NEW DRUG TIME-TO-MARKET, AND EHRS TO DRIVE MARKET
- 9.7.2 ELECTRONIC HEALTH & MEDICAL RECORDS
- 9.7.3 TELEMEDICINE & REMOTE PATIENT MONITORING
- 9.7.4 AUTOMATIC APPOINTMENT SCHEDULING
- 9.7.5 MEDICAL IMAGING & DIAGNOSTICS
- 9.7.6 PATIENT BILLING MANAGEMENT
- 9.7.7 OTHER HEALTHCARE, LIFE SCIENCES, AND PHARMACEUTICAL APPLICATIONS
- 9.8 ENERGY & UTILITIES
- 9.8.1 NEED TO ACCOMPLISH OPERATIONAL EFFICIENCY, BOOST CUSTOMER SATISFACTION, AND ENCOURAGE SUSTAINABILITY TO DRIVE MARKET
- 9.8.2 ENERGY DEMAND FORECASTING
- 9.8.3 GRID OPTIMIZATION & MANAGEMENT
- 9.8.4 AUTOMATED ASSET TRACKING
- 9.8.5 SMART METERING & ENERGY DATA MANAGEMENT
- 9.8.6 REAL-TIME ENERGY MONITORING & CONTROL
- 9.8.7 OTHER ENERGY & UTILITIES APPLICATIONS
- 9.9 GOVERNMENT & DEFENSE
- 9.9.1 TRANSITION TO CLOUD-BASED SOLUTIONS TO ENABLE EFFECTIVE COOPERATION FOR SAFE AND FAST SHARING OF CRUCIAL INFORMATION
- 9.9.2 INTELLIGENCE ANALYSIS & DATA PROCESSING
- 9.9.3 EGOVERNANCE & DIGITAL CITY SERVICES
- 9.9.4 BORDER SECURITY & SURVEILLANCE
- 9.9.5 DIGITAL IDENTITY & AUTHENTICATION
- 9.9.6 COMMAND & CONTROL SYSTEMS
- 9.9.7 TAX & REVENUE MANAGEMENT
- 9.9.8 OTHER GOVERNMENT & DEFENSE APPLICATIONS
- 9.10 TELECOMMUNICATIONS
- 9.10.1 NEED FOR ENHANCED SERVICE DELIVERY, OPTIMIZATION, AND RESPONSIVENESS TO CHANGING CUSTOMER NEEDS TO PROPEL MARKET
- 9.10.2 NETWORK OPTIMIZATION
- 9.10.3 NETWORK SECURITY
- 9.10.4 CUSTOMER SERVICE & SUPPORT
- 9.10.5 NETWORK PLANNING & OPTIMIZATION
- 9.10.6 VOICE & SPEECH RECOGNITION
- 9.10.7 OTHER TELECOMMUNICATION APPLICATIONS
- 9.11 EDUCATION
- 9.11.1 NEED FOR PERSONALIZED LEARNING EXPERIENCES AND ENHANCING TEACHING AND LEARNING PROCESSES TO BOOST MARKET GROWTH
- 9.11.2 PERSONALIZED LEARNING
- 9.11.3 SMART CLASSROOMS
- 9.11.4 ADAPTIVE LEARNING & ASSESSMENT
- 9.11.5 DIGITAL TEXTBOOKS & EBOOKS
- 9.11.6 INTERACTIVE SIMULATIONS
- 9.11.7 OTHER EDUCATIONAL APPLICATIONS
- 9.12 TRANSPORTATION & LOGISTICS
- 9.12.1 OPTIMIZED RESOURCE USAGE, IMPLEMENTATION OF ADVANCED TECHNOLOGIES, AND ROUTE ENHANCEMENT TO DRIVE MARKET
- 9.12.2 ROUTE OPTIMIZATION
- 9.12.3 TRAFFIC MANAGEMENT
- 9.12.4 LAST-MILE LOGISTICS SYSTEMS
- 9.12.5 FLEET MANAGEMENT
- 9.12.6 INTELLIGENT PARKING SYSTEMS
- 9.12.7 OTHER TRANSPORTATION & LOGISTICS APPLICATIONS
- 9.13 OTHER VERTICALS
10 DIGITAL TRANSFORMATION MARKET, BY REGION
- 10.1 INTRODUCTION
- 10.2 NORTH AMERICA
- 10.2.1 NORTH AMERICA: DIGITAL TRANSFORMATION MARKET DRIVERS
- 10.2.2 NORTH AMERICA: MACROECONOMIC OUTLOOK
- 10.2.3 US
- 10.2.3.1 Need to improve efficiency, create excellent customer experience, and changing consumer habits to drive market
- 10.2.4 CANADA
- 10.2.4.1 Government initiatives and need to prevent in-person sales and marketing to propel market
- 10.3 EUROPE
- 10.3.1 EUROPE: DIGITAL TRANSFORMATION MARKET DRIVERS
- 10.3.2 EUROPE: MACROECONOMIC OUTLOOK
- 10.3.3 UK
- 10.3.3.1 Technological advancements and government initiatives to improve digital capabilities to fuel market growth
- 10.3.4 GERMANY
- 10.3.4.1 Increased technology, strategic government regulations, and rapid digital transformation to foster market growth
- 10.3.5 FRANCE
- 10.3.5.1 Increasing focus on incorporating high-tech and Ministry's digital transformation plan to accelerate market growth
- 10.3.6 ITALY
- 10.3.6.1 Need to enhance automation, optimize resource allocation, and enable personalized public services to boost market growth
- 10.3.7 SPAIN
- 10.3.7.1 Extensive investments into digital infrastructure, promotion of emerging technology adoption, and implementation of Spain Digital 2025 to drive market
- 10.3.8 FINLAND
- 10.3.8.1 Establishment of "Digital Finland Framework" to promote innovation and improve digital skills to propel market
- 10.3.9 REST OF EUROPE
- 10.4 ASIA PACIFIC
- 10.4.1 ASIA PACIFIC: DIGITAL TRANSFORMATION MARKET DRIVERS
- 10.4.2 ASIA PACIFIC: MACROECONOMIC OUTLOOK
- 10.4.3 CHINA
- 10.4.3.1 Need to integrate sophisticated technologies into contemporary business systems and surge in investment by start-ups to fuel market growth
- 10.4.4 INDIA
- 10.4.4.1 Technological advancements, higher internet access, and government efforts to bolster market growth
- 10.4.5 JAPAN
- 10.4.5.1 Innovative technologies, government backing for modernization, and focus on reinforcing cybersecurity systems to boost market growth
- 10.4.6 SOUTH KOREA
- 10.4.6.1 Ongoing government support, greater investment in innovative technologies, and thriving start-up scenario to drive market
- 10.4.7 AUSTRALIA & NEW ZEALAND
- 10.4.7.1 Technological advancements and government policies encouraging innovation and competition to drive market
- 10.4.8 ASEAN COUNTRIES
- 10.4.8.1 Need for operational excellence and customer service using IT solutions to accelerate digital innovation
- 10.4.9 REST OF ASIA PACIFIC
- 10.5 MIDDLE EAST & AFRICA
- 10.5.1 MIDDLE EAST & AFRICA: DIGITAL TRANSFORMATION MARKET DRIVERS
- 10.5.2 MIDDLE EAST & AFRICA: MACROECONOMIC OUTLOOK
- 10.5.3 MIDDLE EAST
- 10.5.3.1 Saudi Arabia
- 10.5.3.1.1 Vision 2030 initiative, investments in digital infrastructure, and focus on eGovernance to boost market growth
- 10.5.3.2 UAE
- 10.5.3.2.1 Strong infrastructure, supportive regulatory environment, and government's focus on technology and innovation to fuel market growth
- 10.5.3.3 Turkey
- 10.5.3.3.1 Robust telecommunications infrastructure and growing digital economy to offer conducive environment for adopting AI
- 10.5.3.4 Qatar
- 10.5.3.4.1 Strategic investments in AI R&D and implementation of Vision 2030 plan to foster market growth
- 10.5.3.5 Rest of Middle East
- 10.5.4 AFRICA
- 10.6 LATIN AMERICA
- 10.6.1 LATIN AMERICA: DIGITAL TRANSFORMATION MARKET DRIVERS
- 10.6.2 LATIN AMERICA: MACROECONOMIC OUTLOOK
- 10.6.3 BRAZIL
- 10.6.3.1 Digital Transformation Strategy (E-digital), new business techniques, and changing consumer habits to boost market growth
- 10.6.4 MEXICO
- 10.6.4.1 Need to increase customer experiences and streamline operations to fuel adoption of digital transformation
- 10.6.5 ARGENTINA
- 10.6.5.1 Need to improve digital infrastructure, promote digital literacy, and facilitate innovation processes to accelerate market growth
- 10.6.6 CHILE
- 10.6.6.1 Focus on advanced technology, change in consumer behavior, and fast-growing digital revolution to drive market
- 10.6.7 REST OF LATIN AMERICA
11 COMPETITIVE LANDSCAPE
- 11.1 OVERVIEW
- 11.2 KEY PLAYER STRATEGIES/RIGHT TO WIN
- 11.3 REVENUE ANALYSIS
- 11.4 MARKET SHARE ANALYSIS
- 11.4.1 MARKET RANKING ANALYSIS
- 11.5 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023
- 11.5.1 STARS
- 11.5.2 EMERGING LEADERS
- 11.5.3 PERVASIVE PLAYERS
- 11.5.4 PARTICIPANTS
- 11.5.5 COMPANY FOOTPRINT: KEY PLAYERS, 2023
- 11.5.5.1 Company footprint
- 11.5.5.2 Business function footprint
- 11.5.5.3 Technology footprint
- 11.5.5.4 Vertical footprint
- 11.5.5.5 Regional footprint
- 11.6 COMPANY EVALUATION MATRIX: START-UPS/SMES, 2023
- 11.6.1 PROGRESSIVE COMPANIES
- 11.6.2 RESPONSIVE COMPANIES
- 11.6.3 DYNAMIC COMPANIES
- 11.6.4 STARTING BLOCKS
- 11.6.5 COMPETITIVE BENCHMARKING: START-UPS/SMES, 2023
- 11.6.5.1 Detailed list of key start-ups/SMEs
- 11.6.5.2 Competitive benchmarking of key start-ups/SMEs
- 11.7 BRAND/PRODUCT COMPARISON
- 11.7.1 DIGITAL TRANSFORMATION (MICROSOFT)
- 11.7.2 DIGITAL TRANSFORMATION (AWS)
- 11.7.3 DIGITAL TRANSFORMATION (GOOGLE)
- 11.7.4 DIGITAL TRANSFORMATION (ORACLE)
- 11.7.5 DIGITAL TRANSFORMATION (IBM)
- 11.8 COMPANY VALUATION AND FINANCIAL METRICS
- 11.9 COMPETITIVE SCENARIO AND TRENDS
12 COMPANY PROFILES
- 12.1 INTRODUCTION
- 12.1.1 MICROSOFT
- 12.1.1.1 Business overview
- 12.1.1.2 Products/Solutions/Services offered
- 12.1.1.3 Recent developments
- 12.1.1.4 MnM view
- 12.1.1.4.1 Right to win
- 12.1.1.4.2 Strategic choices
- 12.1.1.4.3 Weaknesses and competitive threats
- 12.1.2 SAP
- 12.1.2.1 Business overview
- 12.1.2.2 Products/Solutions/Services offered
- 12.1.2.3 Recent developments
- 12.1.2.4 MnM view
- 12.1.2.4.1 Right to win
- 12.1.2.4.2 Strategic choices
- 12.1.2.4.3 Weaknesses and competitive threats
- 12.1.3 GOOGLE
- 12.1.3.1 Business overview
- 12.1.3.2 Products/Solutions/Services offered
- 12.1.3.3 Recent developments
- 12.1.3.4 MnM view
- 12.1.3.4.1 Right to win
- 12.1.3.4.2 Strategic choices
- 12.1.3.4.3 Weaknesses and competitive threats
- 12.1.4 IBM
- 12.1.4.1 Business overview
- 12.1.4.2 Products/Solutions/Services offered
- 12.1.4.3 Recent developments
- 12.1.4.4 MnM view
- 12.1.4.4.1 Right to win
- 12.1.4.4.2 Strategic choices
- 12.1.4.4.3 Weaknesses and competitive threats
- 12.1.5 ORACLE
- 12.1.5.1 Business overview
- 12.1.5.2 Products/Solutions/Services offered
- 12.1.5.3 Recent developments
- 12.1.5.4 MnM view
- 12.1.5.4.1 Right to win
- 12.1.5.4.2 Strategic choices
- 12.1.5.4.3 Weaknesses and competitive threats
- 12.1.6 ADOBE
- 12.1.6.1 Business overview
- 12.1.6.2 Products/Solutions/Services offered
- 12.1.6.3 Recent developments
- 12.1.7 SALESFORCE
- 12.1.7.1 Business overview
- 12.1.7.2 Products/Solutions/Services offered
- 12.1.7.3 Recent developments
- 12.1.8 HPE
- 12.1.8.1 Business overview
- 12.1.8.2 Products/Solutions/Services offered
- 12.1.8.3 Recent developments
- 12.1.9 HCL TECHNOLOGIES
- 12.1.9.1 Business overview
- 12.1.9.2 Products/Solutions/Services offered
- 12.1.9.3 Recent developments
- 12.1.10 AWS
- 12.1.10.1 Business overview
- 12.1.10.2 Products/Solutions/Services offered
- 12.1.10.3 Recent developments
- 12.1.11 ERNST & YOUNG (EY)
- 12.1.12 COGNIZANT
- 12.1.13 ACCENTURE
- 12.1.14 BROADCOM
- 12.1.15 EQUINIX
- 12.1.16 ALIBABA CLOUD
- 12.1.17 BAIDU
- 12.1.18 CISCO
- 12.1.19 EMUDHRA
- 12.1.20 HAPPIEST MINDS
- 12.1.21 CENTIFIC
- 12.2 START-UPS/SMES
- 12.2.1 BUDIBASE
- 12.2.2 ELECTRONEEK
- 12.2.3 AIXORA.AI
- 12.2.4 MATTERWAY
- 12.2.5 LAIYE
- 12.2.6 ORBY AI
- 12.2.7 KISSFLOW
- 12.2.8 DEMPTON CONSULTING GROUP
- 12.2.9 PROCESSMAKER
- 12.2.10 PROCESS STREET
- 12.2.11 INFINITUS SYSTEMS
- 12.2.12 SCORO
- 12.2.13 ALCOR SOLUTIONS
- 12.2.14 SMARTSTREAM
- 12.2.15 CLOUD ANGLES
- 12.2.16 MAGNETAR IT
- 12.2.17 SCITARA
- 12.2.18 INTRINSIC
- 12.2.19 BRILLIO
- 12.2.20 AEXONIC TECHNOLOGIES
- 12.3 OTHER VENDORS
- 12.3.1 TIBCO SOFTWARE
- 12.3.2 MARLABS
- 12.3.3 AGICENT
- 12.3.4 SOFTWARE AG
- 12.3.5 GENPACT
- 12.3.6 DELOITTE
- 12.3.7 TWILIO
- 12.3.8 KYNDRYL
- 12.3.9 VERITIS
- 12.3.10 SCIENCESOFT
13 ADJACENT AND RELATED MARKETS
- 13.1 INTRODUCTION
- 13.2 ARTIFICIAL INTELLIGENCE (AI) MARKET - GLOBAL FORECAST TO 2030
- 13.2.1 MARKET DEFINITION
- 13.2.2 MARKET OVERVIEW
- 13.2.2.1 Artificial intelligence market, by offering
- 13.2.2.2 Artificial intelligence market, by technology
- 13.2.2.3 Artificial intelligence market, by business function
- 13.2.2.4 Artificial intelligence market, by vertical
- 13.2.2.5 Artificial intelligence market, by region
- 13.3 CLOUD COMPUTING MARKET - GLOBAL FORECAST TO 2028
- 13.3.1 MARKET DEFINITION
- 13.3.2 MARKET OVERVIEW
- 13.3.2.1 Cloud computing market, by service model
- 13.3.2.2 Cloud computing market, by deployment model
- 13.3.2.3 Cloud computing market, by organization size
- 13.3.2.4 Cloud computing market, by vertical
- 13.3.2.5 Cloud computing market, by region
14 APPENDIX
- 14.1 DISCUSSION GUIDE
- 14.2 KNOWLEDGESTORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
- 14.3 CUSTOMIZATION OPTIONS
- 14.4 RELATED REPORTS
- 14.5 AUTHOR DETAILS