Digital transformation MARKET Table of Contents

Transcript:Digital transformation MARKET Table of Contents:
Digital transformation MARKET Table of Contents Key trends in Digital transformation by technology Key Industries driving digital transformation Market Understanding Digital Client and adopting new strategies Digital Transformation market by geography Top Players in Digital Transformation Market and recent M&A deals Other Significant M&A Deals and Competitive Risks Digital Transformation Market risks Focus points before taking a move Key trends in DIGITAL transformation by technology Key trends continued… Key Industries driving digital transformation Market Key Industries Continued… Understanding Digital Client and adopting new strategies It's the customer who is in the driver’s seat. The digital technology has transformed consumer habits. Smart electronic devices, digital apps, and automation has enabled the customers to get what they want at the moment they need it. The digital wave have caused a shift in customer expectations, resulting a modern buyer who is constantly connected, app-native, and aware of the digital revolution. Owing to the opportunities that rise from modern technology usage, customers rate organizations on the basis of digital experience first. Digital Transformation market by geography North America region is expected to dominate the global digital transformation market in near future Major factors attributing to the growth include the growing demand for digital transformation solutions across various industries, Increasing internet penetration, and the rapid adoption of online payment modes. Additionally, presence of key players in the region such as Microsoft Corp., IBM Corp., and Google amongst others is the factor that accounts for the large market share. Europe region is expected to witness a steady growth Key growth driver is implementation of digital solutions gaining momentum across various industries, including healthcare, BFSI, manufacturing, automotive, media & entertainment, and retail, among others. However, an increasing number of cyber-attacks, security breached, and growing privacy concerns might slow down the growth of Europe digital transformation market Asia Pacific region is expected to grow at faster pace The region to witness rapid technological developments, increasing awareness about benefits of the cloud are the key factors that will push small and medium businesses to adopt digitization. Additionally, this trend of digital transformation is expected to increase the region's market share. Developing nations: Business Hotspots Promising digitization initiatives by government in developing countries might add to growth of global digital transformation market Government of India’s digital initiatives such as AADHAAR (citizen identification program), Digital payments (BHIM), and direct benefit transfer (DBT), e-health, e-education (SWAYAM), digital farming, and digitization of internal