Global Digital Transformation Services Market Overview:
Digital transformation is a cause that contributes to the realignment of people, processes, and technology and is increasingly used as a means of gaining a competitive advantage. These solutions include digital transformation software and services. Digital software includes digital platforms, digital content, and applications, integration platforms, analytics, the web, mobile and social solutions. Digital transformation services include integration, advisory, implementation, and managed services. Digital transformation services are strategies and guidelines that have been created with the aim of providing transformation-related services in aspects of consultation and campaign management in order to increase productivity and performance. These services are provided so that top management can use digital technology to make changes in their current business model.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
The Increasing Integration of Marketing and Technology and Demand for Personalized Digital Transformation
Market Growth Drivers:
Increasing Demand for Mobile Phones Is Driving the Market, The Increasing Adoption of Cloud Services and Digitalizing Organizational Business Functions to Serve Changing Customer Preferences and Enhance Operational Efficiency
Challenges:
Lack of Awareness about Digital Transformation Services
Restraints:
Increasing Privacy and Security Concern among Population Is Restraining Market and Lack of Skilled and Trained Professionals
Opportunities:
The Growing Demand in Digital Solutions in Customer Service and Growth in Usage of IoT Based Products and Solutions in Businesses and Various Organizations
Competitive Landscape:
The companies are exploring the market by adopting expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to avail of competitive advantage through combined collaborations.
Some of the key players profiled in the report are Adobe Systems Incorporated (United States), Microsoft Corporation (United States), Key Innovators (Philippines), Siemens AG (Germany), Capgemini (France), Accenture PLC (Ireland), Oracle Corporation (United States), IBM Corporation (United States), Google Inc. (United States), Apple Inc. (United States), Hewlett Packard Enterprise (United States), Cognizant (United States), Dell EMC (United States) and SAP SE (Germany). Additionally, following companies can also be profiled that are part of our coverage like CA Technologies (United States) and Kellton Tech Solutions Ltd. (India). Analyst at AMA Research see United States Players to retain maximum share of Global Digital Transformation Services market by 2028. Considering Market by Deployment Type, the sub-segment i.e. Hosted will boost the Digital Transformation Services market. Considering Market by Industry Vertical, the sub-segment i.e. BFSI will boost the Digital Transformation Services market. Considering Market by Technology, the sub-segment i.e. Cloud Computing will boost the Digital Transformation Services market.
Latest Market Insights:
In December 2023, Tata Communications announced strengthens partnership with JLR for digital transformation, this partnership reinforces Tata Communications' role as JLR's preferred network and cloud provider for global digital initiatives.
In September 2023, Jio announced strengthens partnership with Microsoft for Digital Transformation in India. This strategic partnership aims to accelerate digital adoption for businesses in India by leveraging Microsoft Azure cloud and Jio's extensive network infrastructure.
What Can be Explored with the Digital Transformation Services Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Digital Transformation Services Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Digital Transformation Services
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Digital Transformation Services market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Digital Transformation Services market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes New Entrants/Investors, Analysts and Strategic Business Planners, Government Regulatory, Enterprise Users, Commercial Users and Industrial Users.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.