London, Feb. 05, 2020 (GLOBE NEWSWIRE) -- Digital transformation is vital for all businesses to remain competitive as the world becomes increasingly digital. Digital transformation is the process of using digital technologies to change processes, models, business, and organizational activities to further improve the performance of businesses. With increasing awareness about the benefits of digitization, organizations across several industry verticals are adopting digital transformation technologies to expand and sustain their existing positions in a highly competitive market.
According to a new market research report “Digital Transformation Market by Technology (IoT, Cloud, Big Data, AI, Cybersecurity, AR/VR, RPA), Process Transformation (Customer, Operation, Product, Workforce), End-use Industry (Retail, Healthcare, Manufacturing, Insurance, IT & Telecom, BFSI), Industry Size, and Geography- Global Forecast to 2025”, published by Meticulous Research®, the digital transformation market is expected to grow at a CAGR of 22.7% from 2019 to reach $3,294 billion by 2025.Show Full Article
Are you looking for VA's? Want to hire a Virtual Assistant? You're just one step away. Our system will help you get the right Assistant for your Business. It's easy and relaible way of getting connected with an Assistant. Register Now.
- or -
Are you an Assistant? Want to offer your service virtually? Register as a Company and get connected to clients.
The Virtual List process is Simple! Want to know how?
Simply register and post your task sample as requirement on Request Quote tab, when you are looking to hire a Virtual Assistant Company.
And, when you are offering your VA services. Register and Send Quotes on the submitted request. It is just that simple. Prospects will review your proposal and get in touch directly.
Disclaimer: We do not charge any type of commission or fees for the service.
Our service is Free.
Download Free Sample Report Now @ https://www.Meticulousresearch.Com/download-sample-report/cp_id=4980
The digital transformation systems are witnessing tremendous growth in the past few years owing to growing awareness of disruptive technologies and merits offered by these technologies. The growth of the overall digital transformation market is mainly attributed to the increasing adoption of AI & robotics in manufacturing, lack of skilled workers in traditional manufacturing, increasing adoption of Internet of Things, and government initiatives & policies towards digitization in developing nations. Furthermore, factors such as growing adoption of 5G technology, rising innovation by digitalization techniques, and growing focus of enterprises on streamlining their business processes are also expected to support the growth of the overall digital transformation market by 2025.
The overall digital transformation market is segmented by technology (IoT, cloud computing, big data analytics, artificial intelligence, cybersecurity, mobility solutions, AR/VR, robotic process automation, and others), end-use industry (retail, government & public sector, healthcare, supply chain & logistics, utilities, manufacturing, insurance, IT & telecom, media & entertainment, banking & financial services, education, and others), industry size (small and medium enterprises, large enterprises), process (customer transformation, operational transformation, product transformation, and workforce transformation), and geography).
Based on technology, the Internet of Things (IoT) segment commanded the largest share of the overall digital transformation market in 2019, owing to the extensive adoption of cloud services; growing digital initiatives by the government such as smart cities; increasing penetration of mobile devices; increasing awareness about health & fitness; and constant urge to improve the existing operational performance. However, artificial intelligence is anticipated to grow at the fastest CAGR during the forecast period owing to increasing demand for intelligent virtual assistants, surging penetration of mobile devices, increasing adoption of cloud-based applications, and government initiatives and investments in the advanced technology.
Based on the end-use industry, the banking & financial services segment commanded the largest share of the overall digital transformation market in 2019, owing to these institution’s rising focus on strengthening customer engagement with personalized offerings, virtual assistant, and fraud detection systems as well as growing need for integrating advanced analytics tools & solutions.
Enquire before buying: https://www.Meticulousresearch.Com/enquire-before-buying/cp_id=4980
Based on industry size, the small & medium enterprises (SME) segment commanded the largest share of the overall digital transformation market in 2019, owing to emergence of startups and technological developments along with the need to enhance customer experience & improve speed & accuracy of delivery services in SMEs. Based on process, the operational transformation segment commanded the largest share of the overall digital transformation market in 2019, owing to growing need of organizations to deliver enhanced customer services, optimize business cost, improve productivity, and offer real-time operational intelligence.
Geographically, North America region commanded the largest share of the overall digital transformation market in 2019, followed by Asia Pacific. The large share of North America region is mainly attributed to rapidly developing economies, presence of young population coupled with the rising disposable income, and increasing government initiatives and investment in research & development for advanced technologies in this region. However, Asia-Pacific region is expected to witness a rapid growth during the forecast period, which is mainly attributed to rising industrialization and infrastructural developments, growing proliferation of smart devices, rising private & government investment in manufacturing sectors, and rising demand for various consumer goods from a large population base.
Some of the key players operating in the overall market are Microsoft Corporation (U.S.), IBM Corporation (U.S.), Dell EMC (U.S.), HP Inc. (U.S.), Google LLC (U.S.), SAP SE (Germany), Adobe Inc. (U.S.), Oracle Corporation (U.S.), Intel Corporation (U.S.), Nvidia Corporation (U.S.), Cognizant (U.S.), Accenture PLC (Ireland), Capgemini SE (France), Cognex Corporation (U.S.), Deloitte Touche Tohmatsu Limited (U.K.), PricewaterhouseCoopers (U.K), Salesforce.Com, Inc. (U.S.), Cisco Systems, Inc. (U.S.) Hakuna Matata Solutions Pvt. Ltd. (India), ScienceSoft Inc (U.S.), Sumatosoft (Belarus), and Space-O Technologies (India) among others.
To gain more insights into the market with a detailed table of content and figures, click here: https://www.Meticulousresearch.Com/product/digital-transformation-market-4980/
Report of the Scope:
Digital Transformation Market, by Technology
Digital Transformation Market, by End User Industry
Digital Transformation Market, by Industry Size
Digital Transformation Market, by Process
Digital Transformation Market, by Region
Key Players in the Market
Download Free Sample Report Now @ https://www.Meticulousresearch.Com/download-sample-report/cp_id=4980
Internet of Things (IoT) in Healthcare Market by Component (Medical Device, Connectivity Solutions, Systems and Software, Services), Application (Telemedicine, Clinical Operations and Workflow Management, Medication Management, Connected Imaging, Inpatient Monitoring), and by End User - Global Forecast to 2025
Automotive IoT Market by Platform (Data Management), Component (Sensor, GPS, Bluetooth, Wi-Fi), Data Converter (ADC), Connectivity (Embedded), End User (OEM), Application (ADAS, Fleet Management, Infotainment)– Global Forecast to 2025
Artificial Intelligence in Supply Chain Market by Component (Platforms, Solutions) Technology (Machine Learning, Computer Vision, Natural Language Processing), Application (Warehouse, Fleet, Inventory Management), and by End User - Global Forecast to 2027
Cybersecurity Market by Type (Network Security, Endpoint Security, Application Security, Cloud Security), Solution (Unified Threat Management, Antimalware, Firewall, Disaster Recovery, Web Filtering, DDS Management, Encryption) - Global Forecast to 2027
Smart Waste Management Market by Type (Smart Collection, Processing, Disposal), Component (Fleet Management, Remote Monitoring, Asset Management), Application (Residential, Industrial, Commercial, Construction, Energy), and Region - Global Forecast to 2025
Smart Home Market by Product (Smart Speakers, Smart Lighting, and Smart Home Security), Standards and Protocols (Bluetooth, Wi-Fi, and ZigBee), and Geography – Global Forecast to 2025
Humanoid Robot Market by Motion Type (Biped, Wheel Drive), Component (Hardware, Software), Application (Education and Entertainment, Research and Space Exploration, Personal Assistance and Caregiving, Search and Rescue, Public Relations), and Geography - Global Forecast to 2025
About Meticulous Research®
The name of our company defines our services, strengths, and values. Since the inception, we have only thrived to research, analyze and present the critical market data with great attention to details.
Meticulous Research® was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. In 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, with the help of its unique research methodologies, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa regions.
With the meticulous primary and secondary research techniques, we have built strong capabilities in data collection, interpretation, and analysis of data including qualitative and quantitative research with the finest team of analysts. We design our meticulously analyzed intelligent and value-driven syndicate market research reports, custom studies, quick turnaround research, and consulting solutions to address business challenges of sustainable growth.Mr. Khushal Bombe Meticulous Research® Direct Lines: +1-646-781-8004 (North America) +44-203-868-8738 (Europe) +91 744-7780008 (Asia-Pacific) Email- [email protected] Visit Our Website: https://www.Meticulousresearch.Com/ Meticulous Research® Blog: https://meticulousblog.Org/ Connect with us on LinkedIn- https://www.Linkedin.Com/company/meticulous-research
Thank you for your valuable time considering TheVirtualList.com as your Virtual Assistant Community Forum. The team has curated more valuable news on "Digital Transformation Market Is Expected To Grow At A CAGR Of 22.7% To Reach $3,294 Billion By 2025 - Exclusive Report By Meticulous Research®". Are you excited and wanna learn more! Excellent here are more articles on Tasker Virtual Assistance Services Pvt Ltd.