Global Market Size, Forecast, and Trend Highlights Over 2025-2037
Digital Transformation Consulting Services Market size was over USD 787.85 billion in 2024 and is projected to reach USD 4.63 trillion by 2037, growing at around 14.6% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of digital transformation consulting services is assessed at USD 885.62 billion.
The growth of the market can be attributed to the global digitalization of every sector. The transformation of traditional businesses to digital needs expert guidance, which is primarily estimated to drive the market. Moreover, the increasing penetration of internet services, across the globe, is anticipated to fuel the market growth. According to the statistics by the World Bank, in 2019, 56.727% of the total population used internet globally. Besides, escalating use of smartphones, along with adoption of advanced technologies, such as, virtual reality, cloud-computing, and others, are projected to further strengthen the market growth.
Digital Transformation Consulting Services Sector: Growth Drivers and Challenges
Growth Drivers
- Transformation of Traditional to Digital Business
- Commencement of Industry 4.0 Globally
- Increasing Penetration of Internet Services
Challenges
- Lack of Awareness Regarding the Services
Digital Transformation Consulting Services Market: Key Insights
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Base Year |
2023 |
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Forecast Year |
2024-2036 |
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CAGR |
14.6% |
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Base Year Market Size (2023) |
USD 687.48 billion |
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Forecast Year Market Size (2036) |
USD 4.04 trillion |
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Regional Scope |
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Digital Transformation Consulting Services Segmentation
The market is segmented by application into BFSI, transportation & logistics, oil & gas, healthcare, IT & telecom, manufacturing, automotive, and others, out of which, the transportation and logistics segment is anticipated to hold the notable share in the global digital transformation consulting services market over the forecast period on account of increasing penetration of digitalization, such as, utilization of digital technology, modernized data recording and registration, and other features. Moreover, the increasing presence of large amount of data in the logistics sector is foreseen to fuel the market growth.
Our in-depth analysis of the global market includes the following segments:
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By Type |
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By Application |
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By End-User |
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Customize this ReportDigital Transformation Consulting Services Industry - Regional Synopsis
APAC Market Statistics
On the basis of geographical analysis, the global digital transformation consulting services market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Asia Pacific industry is likely to dominate majority revenue share by 2037, backed by growing digital transformation of various end-user sectors in the region.
North America Market Analysis
The market in the North America region is anticipated to gain the largest market share throughout the forecast period on the back of the increasing adoption of advanced technology, along with high demand for consultancy services to encourage digitalization.
Companies Dominating the Digital Transformation Consulting Services Landscape
- Infinity Software Consulting Ltd.
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- Code Zero, LLC
- Accelirate
- Cognizant Technology Solutions Corporation
- Coastal Cloud
- Google LLC
- Accenture PLC
- IBM Corporation
- Microsoft Corporation
- ADOBE, Inc.
In the News
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October, 2021: Cognizant announced collaboration with Cabot Corporation, leading global specialty chemicals and performance material company, to transform its digital operating model globally.
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November, 2020: Google Cloud to collaborate with ANSR to accelerate enterprise digital transformation for global capability centers at-scale in India.
Author Credits: Abhishek Verma
- Report ID: 3834
- Published Date: Dec 26, 2024
- Report Format: PDF, PPT
