Digital transformation market is anticipated to grow at a CAGR of 22.2% during the forecast period. Industry 4.0 enables autonomous decision-making processes, monitors assets, and processes in real-time, and brings more automation than in the third industrial revolution. The arrival of digital transformation in industry 4.0 to increase production capacity, improve customer service and delivery lead times, achieve higher employee satisfaction, and reduce their environmental impact is driving the growth of the global digital transformation market. Industry 4.0 is used interchangeably with the fourth industrial revolution and represents a new stage in the organization and control of the industrial value chain. For instance, in August 2021, Intel India collaborated with Society for Innovation & Entrepreneurship (SINE)-IIT Bombay to launch Plugin Alliance, a first-of-its-kind industry-technology grouping with a focus on accelerating Industry 4.0 transformation in India. Furthermore, the alliance is designed to evolve into a community with the participation of these members, representing all facets of the Industry 4.0 ecosystem.
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Key regions are discussed in this Digital Transformation Market report such as Europe, Middle East, Africa, North America, Latin America and Asia Pacific. It works as the most effective tool which businesses can make use of for developing the way it understands consumers and augment the potential for gains and growth. It is necessary for businesses of all sizes and benefits them completely. It helps to grow business forward. In order to get several benefits from product portfolio enlargement, it is essential to know more about latest market developments its entire scenario. This Digital Transformation Market report also helps business owners in knowing market size of major regions as well as market advancements.
Digital Transformation Market research report also involves discussing about major competitors and their future actions and such information is useful to invest in product launch and start any business. It has the potent to augment the product or service offerings. Competitive analysis covered here for the estimation period 2022-2028 greatly helps business participants to make a few vital actions required for the business expansion. Digital Transformation Market report also helps start ups by providing them best opportunities available in the market. It also helps them to make the best out of these opportunities.
When launching or releasing any product, it is important to refer Digital Transformation Market research report as it covers all the latest market related updates. It also helps to increase the product portfolio by providing all the basics needed. Following an effective marketing strategy has great significance to make business fruitful and here comes the role of market report. Digital Transformation Market study report brings value to the business by offering all the relevant market data and increasing the chances of success. Important updates are covered in this Market report regarding corona virus and its major consequences on the entire economy.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Digital Transformation Market Report Segment
By Component
- Solution
- Services
By Deployment
- Cloud
- On-Premise
By Technology
- Cloud-Computing
- Big Data & Analytics
- Cybersecurity
- Artificial Intelligence (AI)
- Internet of Things (IoT)
- Robotic Process Automation (RPA)
- Others (Mobility & Social Media Management & AR/VR)
By End-Users
- BFSI
- Healthcare
- IT and Telecom
- Government
- Retail & E-commerce
- Media and Communication
- Others
Global Digital Transformation Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global digital transformation market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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