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Digital Transformation Market Share, Size, Analysis by 2027

According to the latest report by IMARC Group, titled “Digital Transformation Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” the global digital transformation market reached a value of US$ 483.4 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 1,349.2 Billion by 2027, exhibiting a CAGR of 18.57% during 2022-2027. Digital transformation stands for the organizational, operational, and cultural change of an enterprise through digital technologies. It primarily relies on numerous advanced technologies, including artificial intelligence (AI), additive manufacturing, robotics, 3D printing, etc.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Informed covered in the report:

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Digital Transformation Market Trends:

The growing digitalization and automation levels of various business processes are among the key factors driving the digital transformation market. In addition to this, the inflating adoption of digital transformation solutions by small, medium, and large-scale enterprises to respond to the consumers in real-time is further propelling the market growth. Moreover, the expanding usage of industrial robots and the introduction of Industry 5.0 trends for improving the efficiency of smart factory systems are acting as significant growth-inducing factors.

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Key Market Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

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Key highlights of the Report:

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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