According to the report, The rise in adoption of digital technology by various banks across the globe is one of the primary growth factors for the market. Growing demand for customized IT solutions for specific banking need is also expected to contribute significantly to the Digital Transformation In BFSI market. Overall, Banks applications of Digital Transformation In BFSI, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. New players are beginning to enter the market and established companies have been changing their business models – a trend that will continue in the future.

AMA’s Analyst on the Global Digital Transformation In BFSI Market identified that the demand is rising in many different parts of the world due to "Rise in adoption of advanced technology AI and machine learning and increase in adoption of digital services among the developing nations ". Furthermore, some recent industry insights like "On 20 July 2020, Finastra and Microsoft Corp. announced a strategic, multiyear cloud agreement to help accelerate the digital transformation of financial services. This provides people, businesses, and communities the solutions and services that fit around their needs and lives, unlocking the power and potential of finance for everyone and help accelerate the digital shift." is constantly making the industry dynamic. One of the challenges that industry facing is "Formulation of rules and regulations by regulating authorities to protect the environmental damage due to heavy technology implementation and High cost of maintenance, repairing, and managing technology"

The By Technology, such as Artificial Intelligence, is boosting the Digital Transformation In BFSI market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

The By Deployment, such as On-Premise, is boosting the Digital Transformation In BFSI market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

The By Organization Size, such as Small Scale Organization, is boosting the Digital Transformation In BFSI market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

The report provides an in-depth analysis and forecast about the industry covering the following key features:
o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies
o Analyses the Global Digital Transformation In BFSI market according to Type, Application, and regions
o Analyzes the top 10 players in terms of market reach, business strategy, and business focus
o Provides stakeholders’ insights and key drivers & trends of the market

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Digital Transformation In BFSI market and other related sub-markets covered in the study.

o Key & emerging players in the Digital Transformation In BFSI market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Data Triangulation
The overall Digital Transformation In BFSI market size is calculated using market estimation process, the Digital Transformation In BFSI market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Digital Transformation In BFSI market size has been validated using both top-down and bottom-up approaches.