Digital Transformation Market Analysis

  • Report ID: 3624
  • Published Date: Aug 26, 2024
  • Report Format: PDF, PPT

Digital Transformation Market Analysis

The market is segmented by technology into industrial robotics, internet of things, advanced human machine interface, big data and analytics, 3D printing/additive manufacturing, machine learning, and artificial intelligence, out of which, the industrial robotics segment is anticipated to hold the largest share in the global digital transformation market. This can be accounted to the growing adoption of new technologies such as collaborative robots, single-axis, AI-enabled robots and SCARA robots. Apart from this, enhanced production capabilities and rise in workplace safety are also assessed to lead industries to raise their investments in robotic systems implementation. Additionally, on the basis of vertical, the BFSI segment is assessed to occupy the largest share over the forecast period owing to the large volumes of data generated every day in this sector. The healthcare segment is predicted to witness the highest growth by the end of 2030 in view of the escalating demand for electronic data for patient outreach and across operation channels.

Our in-depth analysis of the global market includes the following segments:

           By Technology

  • Industrial Robotics
  • Internet of Things
  • Advanced Human Machine Interface
  • Big Data and Analytics
  • 3D Printing/Additive Manufacturing
  • Machine Learning
  • Artificial Intelligence

             By Deployment

  • Cloud
  • On-Premise

 

 

           By Vertical

  • Automotive
  • Food and Beverages
  • IT
  • Telecom
  • BFSI
  • Retail
  • Others
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Browse Key Market Insights with Data Illustration:


Author Credits:  Abhishek Verma


  • Report ID: 3624
  • Published Date: Aug 26, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of digital transformation is evaluated at USD 1.07 trillion.

Digital Transformation Market size was valued at USD 887.41 billion in 2023 and is set to cross USD 18.84 trillion by 2036, expanding at more than 26.5% CAGR during the forecast period i.e., between 2024-2036. The market growth is driven by advent of industry 4.0 in manufacturing sector and increasing integration of several digital transformation technologies.

Asia Pacific industry is predicted to hold largest revenue share by 2036, ascribed to upsurge in usage of cloud technologies among various industries, and growing number of small and medium sized organizations in the region.

The major players in the market are Google LLC, Accenture PLC, IBM Corporation, Microsoft Corporation, and others.
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