Digital Transformation Market Report

The global Digital Transformation market is expected to witness significant growth in the coming years on account of growing need among enterprises to improve overall business and operational efficiency. Emergence of technologies such as cloud computing, Internet of Things (IoT), big data, and artificial intelligence has given a boost to the overall Digital Transformation market growth. Industries nowadays are also investing in the research and development activities for the development of new technologies.

Mergers and acquisitions have emerged as a key strategic initiative among the market players. For instance, one of the key companies, Cognizant has lately announced its agreement to acquire Contino, a privately-held technology consulting firm. This acquisition will strengthen the digital engineering as well as core modernization capabilities and enable to deploy transformative cloud-based solutions.

Key Players to Collaborate with Other Software Companies to Serve the Customers Better

The report offers detailed coverage of the key companies operating in the Digital Transformation market including Accenture PLC, Oracle Corporation, Capgemini, Cognizant, Siemens AG, Cognex Corporation, IBM Corporation, Microsoft Corporation, Google, Deloitte Touche Tohmatsu Ltd., PricewaterhouseCoopers (PWC), Dell EMC, EMC Corporation, The Hewlett-Packard Company, AP SE, and Adobe Systems Inc.

Manufacturers are expected to take up collaborations to strengthen their market position. For instance, Microsoft Corp. and Salesforce entered into a partnership to help customers meet their businesses needs and enhance team productivity. They together want to harness the power of the Microsoft Cloud to serve the customers better.

Need for Improved Efficiency among the End-User Industries to Drive the Market

Growing need to improve the overall business efficiency among the end-user industries is one of the key factors driving the Digital Transformation market. Penetration of mobile devices and expansion of Internet of Things are some of the key factors supporting the Digital Transformation market growth. In addition, growing dependence of the industries on IoT based devices is increasing the need for Digital Transformation solutions.

On the flip side, lack of awareness regarding the benefits of digitalization and security concerns for confidential data are expected to hamper the Digital Transformation market growth in the forthcoming years. Moreover, underdeveloped ICT infrastructure in some countries may restrain the market growth.

Market Segmentation

By Offering

●  Technology

●  Service

By Application

●  Automotive

●  Aerospace & Defense

●   Food & Beverages

●  Pharmaceuticals

●  Consumer Goods

●  Cosmetics

●  Banking & Financial Services

●  Education

●  Others

By Deployment

●  On-Premise

●  Cloud

Cloud deployment type is anticipated to witness a surge in the demand on account of its easy deployment, low cost, and easy accessibility. Adoption of cloud Digital Transformation solutions is increasing in most of the small organizations. Application of Digital Transformation is anticipated to expand in the education sector as digital technologies help in creating unique learning experiences. Education is getting digitally transformed due to incorporation of AI, gamification, and personalization in learning. The report also offers detailed analysis of the offering types associated with the Digital Transformation market.

By Region

Growing inclination of industries towards Digital Transformation and increased adoption of cloud computing solutions are likely to support the market growth in North America to an extent. Increasing industrialization and technological advancements in the emerging countries of Asia Pacific are generating the need for Digital Transformation solutions. Europe is also likely to emerge as a lucrative regional market in the years to come.

Agriculture is expected to be an important sector of the global business in the coming years. At QYR Consulting we make sincere efforts to help you improve your performance and transform your business by seizing the opportunities. Our research reports include an assessment of the shifting agricultural trends, evolving energy needs, and introduction of disruptive technologies. We offer market outlooks after through research, which is conducted using primary and secondary research methodologies.

Our reports highlight the best investment opportunities by evaluating the risk factors. Over a period of time, we have built a valuable network of market experts, which makes its own, invaluable contribution in writing these business reports. With our understanding of the promising markets, we present to you a heuristic approach towards discovering the future of energy and agriculture sector.

Energy and power systems across the globe have undergone massive changes in recent years. The surging demand for power consumption has drastically impacted generation and distribution of energy through the years. The changing landscape, with innovation in automotive, housing, and industrial sectors, has pushed energy and power companies to not just boost production but also look for alternatives for sustainability. The sector is challenged by issues of soaring demand and rising CO2 emissions.

The research reports shed light on the energy and power needs of the future. They predict the rise and fall from conventional energy consumption to renewable power production. Analysts have discussed the benefits and hurdles that energy mixes are expected to bring. Wind, solar, and other renewable and less harmful energy sources have been extensively researched and written about in these research reports.

The software industry has reinvented the future of business over the years. From providing top-notch solutions to customizing them for specific needs, the software industry offers myriad services. Shifting trends and needs of the global citizens has drastically helped the service and software industry as devised applications that were unheard of. We understand your changing needs that demand unique vision and strategy.

The software industry has reinvented the future of business over the years. From providing top-notch solutions to customizing them for specific needs, the software industry offers myriad services. Shifting trends and needs of the global citizens has drastically helped the service and software industry to devise applications that were unheard of. We understand your changing needs that demand unique vision and strategy.

The research reports have been collated by an expert team of analysts who aim to be your guiding hand through the coming years. The thoughtful evaluation of the service and software industry attempts to provide a detailed picture of the changing competitive landscape. Analysts have discussed products and evaluated the way they must progress to stay ahead of the game.