Digital Transformation Market is expected to witness a steady growth, expanding at a CAGR of over 15% from 2016 to 2023

According to a new market report published by Credence Research, Inc. “Digital Transformation Market By Type (Solution, Service), By Solution (Data Analytics, CRM, Mobility, Social Media, Other Solutions), By Service (Consulting, Implementation & Integration, Support) By Deployment Model (On-premise, Cloud-based) By End-user (BFSI, Retail, Public Sector, Healthcare, Manufacturing, Energy & Utility, Transportation, IT & Telecom, Other End-users) – Growth, Share, Opportunities & Competitive Analysis, 2016 -2023”, the global digital transformation market is expected to witness a steady growth, expanding at a CAGR of over 15% from 2016 to 2023.

Market Insights

Burgeoning demand for digital technology to enhance business productivity and real-time communication across enterprise is expected to boost market growth. Also, introduction of digital initiative by governments in emerging economies such as China, India and Brazil is driving the growth of the digital transformation market. Further, enterprise focus to enhance mobile workforce and increasing uptake of connected devices across major end-user verticals are projected to support market growth over the forecast period. However, lack of awareness among end-users in developing countries and data privacy and security threats are anticipated to hamper growth of the digital transformation market to certain extent.

Browse the Digital Transformation Market – Growth, Share, Opportunities & Competitive Analysis, 2016 -2023 report at http://www.credenceresearch.com/report/digital-transformation-market

Competitive Insights:

The global digital transformation market ecosystem consists of solution providers, connected device providers, system integrators and service providers. The market is primarily dominated by major digital solution providers such as IBM Corporation, Microsoft Corporation and Adobe System. Key players in the digital transformation market are emphasizing more on investing substantial amount on research and development activities to come up with innovative and cost-effective solutions to gain competitive advantage. The major players operating in the global digital transformation market are SAP SE, IBM Corporation, Oracle Corporation, Google Inc., Microsoft Corporation, Accenture PLC, Adobe System, Cap Gemini S.A, CA Technologies and Hewlett-Packard (HP).

Key Trends:

Increasing number of strategic partnerships, acquisitions & mergers, and joint ventures to assist the market growth
Enterprise shift towards smart technologies
Solution providers are focused towards introducing cloud-based solutions to gain competitive advantage in the long run

Latest Reports:

Video Conferencing Market By Product (On-premise, Cloud-based, Managed Video Conferencing Services), End User (Corporate Enterprises, Healthcare, Government & Defense, Education, Media & Entertainment, Others), Deployment (On-premise, Cloud-based, Managed Video Conferencing Services) – Growth, Share, Opportunities & Competitive Analysis, 2015 – 2022

Head Mounted Display (HMD) Market By Product (Helmet Mounted Display, Eyewear Computing Glasses), By Application (Security, Training And Simulation, Tracking, Imaging), By End-use (Defense, Air Force, Military, Navy, Consumer, Engineering And Design, Healthcare, Public Safety) – Growth, Share, Opportunities & Competitive Analysis, 2015 -2022

Dispatch Console Systems Market By Application (Transportation, Public Safety, Utilities, Manufacturing, Government and Military & Others) – Growth, Share, Opportunities & Competitive Analysis, 2015 – 2022

About Us:

Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.

Who we are

Credence Research is a worldwide firm, containing more than 15 research consultants and almost 100 research and information professionals.

Our customers mirror our worldwide nature. Around 45% are in Europe, 30% in the Americas, 13% in Asia Pacific and 12% in the Middle East and Africa.

Our firm is intended to work as one. We are a solitary global research organization united by a solid arrangement of qualities, concentrated on customer effect.

What we do

We serve customers at each level of their organization, in whatever limit we can be most helpful, whether as a trusted counsel to top management or as a hands-on mentor for forefront representatives. For each engagement, we collect a group with the most suitable experience and ability.

No matter the challenge, we concentrate on delivering functional and persevering results, and preparing our customers to develop and lead. We join forces with customers to place suggestions into practice. Our research specialist work straightforwardly with customers over long stretches to create workforce aptitudes, drive operational change, and apply new working strategies.

Contact:

Name: Chris Smith

Designation: Global Sales Manager

E-mail: sales@credenceresearch.com

Ph: 1-800-361-8290

Web:  Credence Research

The post Digital Transformation Market is expected to witness a steady growth, expanding at a CAGR of over 15% from 2016 to 2023 appeared first on PDF Devices – eReaders and Tablets.

ReleaseID: 8311