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Digital Transformation Market: Navigating the Future of Business

The global digital transformation market size is anticipated to reach USD 4,617.78 billion by 2030 and it is projected to grow at a CAGR of 27.6% from 2024 to 2030, according to new report by Grand View Research, Inc.Digital transformation assists companies in improving their brand reputation, customer experience, and customer retention ratios. These solutions also help end-user companies in education and training their employees to improve their productivity and speed up the organization’s journey to achieve business objectives. Furthermore, with the implementation of digital transformation solutions, organizations can meet the evolving market needs and improve their business profitability. Further, the market growth is particularly driven by rising companies’ investments in big data, mobility, and cloud technologies to develop advanced Digital Experience Platforms (DXPs).

 

Gather more insights about the market drivers, restrains and growth of the Global Digital Transformation Market

 

Digital Transformation Market Report Highlights

 

• Based on solution, the social media segment is expected to grow at a fastest CAGR of 29.5% over the forecast period. The growing number of users of social media platforms, the shifting focus of end-user companies on improving their brand identity through creative advertisements on social media platforms, and advancements in social media tools are driving the segment growth

• Based on service, the professional services segment is expected to grow at a fastest CAGR of 29.2% over the forecast period as these services help organizations in digitizing their business operations. The professional services help end-user organizations select proper digital transformation solutions, manage the operations of cloud-based digital transformation solutions, address client issues, and effective resource utilization, among other assistance

• Based on deployment, the hosted segment is expected to grow at a CAGR of 30.8% over the forecast period. The proliferation of cloud-based digital transformation solutions, cloud technology’s various benefits such as minimum hardware requirement, low operating costs, & easy accessibility, and rising public & private investment in cloud platforms are driving the segment growth

• Based on enterprise, the small & medium-sized enterprises (SMEs) segment is expected to grow at a fastest CAGR of 29.2% over the forecast period. The increasing importance of digital technologies and the availability of low-cost digital transformation solutions are driving the market growth among SMEs

• Based on end-use, the healthcare segment is expected to grow with a fastest CAGR of 29.4% during the forecast period. Digital transformation is anticipated to improve the quality of patient care. The COVID-19 pandemic propelled the adoption of advanced medical technologies such as remote patient monitoring, telemedicine, virtual reality, and neurotechnology, supporting the segment's growth

• The Asia Pacific market is expected to grow at a remarkable CAGR of 30.3% during the forecast period, owing to the expansion of the e-commerce industry, government investments in digital infrastructure, and the growing use of process automation tools powered by the latest technologies, such as AI, ML, Blockchain, and cloud computing.


Browse through Grand View Research's Next Generation Technologies Industry Research Reports.


• The global API marketplace market size was estimated at USD 18.00 billion in 2024 and is projected to grow at a CAGR of 18.9% from 2025 to 2030.

• The global public safety and security market size was valued at USD 516.68 billion in 2024 and is projected to grow at a CAGR of 14.3% from 2025 to 2030.

 

Segments Covered in the Report

 

Grand View Research has segmented the global digital transformation market based on solution, service, deployment, enterprise size, end-use, and region:

 

Digital Transformation Solution Outlook (Revenue, USD Billion, 2018 - 2030)

  • Big Data & Analytics

  • Artificial Intelligence (AI)

  • Cyber Security

  • Cloud Computing

  • Mobility

  • Social Media

  • Others (Internet-of-Things (IoT), Blockchain)

 

Digital Transformation Service Outlook (Revenue, USD Billion, 2018 - 2030)

  • Professional Services

  • Implementation & Integration

 

Digital Transformation Deployment Outlook (Revenue, USD Billion, 2018 - 2030)

  • Hosted

  • On-premise

 

Digital Transformation Enterprise Outlook (Revenue, USD Billion, 2018 - 2030)

  • Large Enterprise

  • Small & Medium Enterprise

 

Digital Transformation End-use Outlook (Revenue, USD Billion, 2018 - 2030)

  • BFSI

  • Government

  • Healthcare

  • IT & Telecom

  • Manufacturing

  • Retail

  • Others (Education, Media & Entertainment, Transportation, Travel & Hospitality)

 

Digital Transformation Regional Outlook (Revenue, USD Billion, 2018 - 2030)

  • North America

    • U.S.

    • Canada

  • Europe

    • Germany

    • UK

    • France

    • Spain

    • Italy

  • Asia Pacific

    • China

    • India

    • Japan

    • Australia

    • South Korea

  • Latin America

    • Brazil

    • Mexico

    • Argentina

  • MEA

    • UAE

    • Saudi Arabia

    • South Africa

 

Order a free sample PDF of the Digital Transformation Market Intelligence Study, published by Grand View Research.

 

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