Digital Transformation Market: Current Scenario and Forecast (2020-2026)

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Digital transformation is the integration of digital technology into all areas of a business, fundamentally changing how organizations operate and deliver value to customers. It affects all sectors of society, in particular economies. Companies are now being provided with an opportunity to radically change their business models by new digital technologies like social networks, mobile, big data, Internet of things, other innovations like blockchain. This typically includes changes of the core business operations and modifies products and processes, as well as organizational structures, as companies ought to set up management practices to conduct these complex transformations. Organizations today increasingly realize they can no longer focus on just selling products; they need to sell an experience. An increasing number of products today both consume and generate data, and many are interconnected through the Web. Because of this increased intelligence, their usage can be monitored, additional services can be proactively offered, or maintenance can be provided when a problem is detected. Digitalization is the cause of large-scale and sweeping transformations across multiple aspects of business, providing unparalleled opportunities for value creation and capture, while also representing a major source of risk. The rapid advances in digital technology are redefining the society. A study conducted by Econsultancy and Marketing Week surveyed XX marketers across the world from various sectors and revealed a dramatic shift in focus towards digital transformation as a result of COVID-19 pandemic. The study further showed the extent to which organizations, majorly large enterprises are honing in on digital in response to changes in the customer behavior during the pandemic crisis. Digital transformation provides industry with unparalleled opportunities for value creation. It used to take Fortune 500 companies an average of 20 years to reach a billion dollar valuation. The digital technologies are creating new profit pools by transforming customer expectations and how companies can address them. A technology is an important element of digital transformation. But often, it's more about shedding outdated processes and legacy technology than it is about adopting new tech. The Federal IT Dashboard shows that in fiscal year 2017, over 70% of IT spend government-wide went toward operating and maintaining legacy systems. A digital transformation requires any sort of enterprise to shift much of its computing infrastructure from its own data centers to those operated by private or public cloud providers A cloud-based digital transformation strategy offers great opportunities: • Reduced costs, replacements for aging back-office applications • The chance to capitalize on far greater computational resources provided by cloud providers that run data-intensive computing chores • The flexibility to ramp up or down according to business needs • The ability to handle the enormous volumes of data coming from Internet of Things-related digital sensors (from machines in the field, products in customers’ hands and places of business) • Resources to support the use of artificial intelligence and other systems that identify business opportunities, solve operational problems and provide winning digital customer experiences Based on the component, the digital transformation market is bifurcated into Solutions and Services. The solution sub-segment is further subdivided into cloud computing, big data and analytics, mobility, disruptive technology and social media. Moreover, Service segment is divided into professional services and system integration. Digital transformation helps the organization to compete better in the market by understanding customer preferences and enhance operational efficiency. Solutions Market generated revenue of US$ 924 billion in 2019 and is expected to grow at a CAGR of 15% during the forecast period to reach a market valuation of US$ 2,724 billion by 2026. However, Services Market is expected to witness highest CAGR growth during the forecast period 2021-2026. Based on industry vertical, the digital transformation market is fragmented banking, financial services & insurance (BFSI), healthcare, telecom & IT, automotive, education, retail & consumer goods, media & entertainment, manufacturing, government and others. For instance: in the BFSI industry, digital transformation helps to make financial transactions speedy, secure, simple, and error-free. BFSI generated revenue of US$ 297 billion in 2019. The market is expected to grow at a CAGR of 14.68% during the forecast period to reach a market valuation of US$ 856 billion by 2026. However, Healthcare is expected to witness highest CAGR growth during the forecast period 2021-2026. For better understanding of the market penetration of digital transformation, the market is analyzed based on its worldwide presence in the region such as North America (US, Canada, Mexico, Rest of North America), Europe (Germany, UK, France, Italy, Spain, Russia, Rest of Europe), Asia-Pacific (China, Japan, India, Singapore, South Korea, Australia and Rest of Asia-Pacific), Latin America (Brazil, Argentina, Rest of Latin America) and MEA (United Arab Emirates, Kingdom of Saudi Arabia, Qatar, South Africa, Rest of MEA). North America constitutes a major market for digital transformation industry. Some of the major players operating in the market include IBM Corporation, Cognizant, SAP SE, Dell, Microsoft Corporation, Adobe Systems Incorporated, Accenture PLC, Capgemini, Oracle Corporation and Google Inc. The global digital transformation market was valued US$ 1,180 billion in 2019 and is projected to expand significantly with the CAGR of 16% from 2021-2026. The global digital transformation market is expected to witness a boost, owing to the adoption and advancement in technologies.

1. MARKET INTRODUCTION 17 1.1 Market Definition 17 1.2 Objective of the Study 17 1.3 Limitation 17 1.4 Stakeholders 18 1.5 Currency used in the Report 18 1.6 Scope of the Global Digital Transformation Market Study 18 2. RESEARCH METHODOLOGY OR ASSUMPTION 19 2.1 Research Methodology for the Digital Transformation Market Study 19 2.1.1 Main objective of the Digital Transformation Market Study 20 3. INDUSTRY PERFORMANCE 21 4. EXECUTIVE SUMMARY 23 5. MARKET OVERVIEW 26 5.1 Introduction 26 5.2 Market Dynamics 27 5.2.1 Market Trend & Drivers 27 5.2.1.1 Digitalizing Business Functions 27 5.2.1.2 Rapid Proliferation of Mobile Devices and Apps 29 5.2.1.3 Increasing Penetration of IoT and Adoption of Cloud Services 29 5.2.2 Market Challenges 30 5.2.2.1 Security and Privacy Concerns for Confidential Data 30 5.2.2.2 Issues Related to IT Modernization 30 5.2.3 Market Opportunities 31 5.2.3.1 Demand for Personalized Digital Transformation 31 5.2.3.2 Increasing Usage of Disruptive Technologies Such as AI, ML, and Big Data 31 6. LEGAL & REGULATORY FRAMEWORK 32 6.1 General Overview 32 7. DEMAND AND SUPPLY SIDE ANALYSIS 34 7.1 Demand Side Analysis 34 7.2 Supply Side Analysis 34 7.2.1 Top Product Launches 36 7.2.2 Top Business Partnerships 36 7.2.3 Top Mergers and Acquisitions 36 7.2.4 Top Business Expansions and Investment 37 7.2.5 Top Start-ups under Digital Transformation Sector 38 8. VALUE CHAIN ANALYSIS 39 8.1 Value Chain Analysis 39 9. MARKET INSIGHTS BY COMPONENT 40 9.1 General Overview 40 9.1.1 Solutions 41 9.1.1.1 Cloud Computing 42 9.1.1.2 Big Data & Analytics 44 9.1.1.3 Mobility 45 9.1.1.4 Disruptive Technology 46 9.1.1.5 Social Media 47 9.1.2 Services 47 9.1.2.1 Professional Services 48 9.1.2.2 System Integration 50 10. MARKET INSIGHTS BY DEPLOYMENT TYPE 51 10.1 General Overview 51 10.1.1 On-Premise 53 10.1.2 Cloud 54 11. MARKET INSIGHTS BY END-USER 55 11.1 General Overview 55 11.1.1 Large Enterprise 57 11.1.2 Small and Medium Enterprises 58 12. MARKET INSIGHTS BY INDUSTRY VERTICALS 59 12.1 General Overview 59 12.1.1 Banking Financial Services & Insurance (BFSI) 61 12.1.2 Government 63 12.1.3 Healthcare 63 12.1.4 Telecommunication & IT 64 12.1.5 Automotive 65 12.1.6 Education 66 12.1.7 Retail & Consumer Goods 67 12.1.8 Media & Entertainment 67 12.1.9 Manufacturing 68 12.1.10 Other Industry 69 13. MARKET INSIGHTS BY REGION 70 13.1 General Overview 70 13.2 North America Digital Transformation Market 73 13.2.1 United States Digital Transformation Market 78 13.2.2 Canada Digital Transformation Market 83 13.2.3 Rest of North America Digital Transformation Market 91 13.3 Europe Digital Transformation Market 95 13.3.1 Germany Digital Transformation Market 99 13.3.2 UK Digital Transformation Market 103 13.3.3 Russia Digital Transformation Market 106 13.3.4 France Digital Transformation Market 111 13.3.5 Italy Digital Transformation Market 115 13.3.6 Spain Digital Transformation Market 119 13.3.7 Rest of Europe Digital Transformation Market 123 13.4 Asia-Pacific Digital Transformation Market 127 13.4.1 China Digital Transformation Market 131 13.4.2 Japan Digital Transformation Market 135 13.4.3 India Digital Transformation Market 138 13.4.4 South Korea Digital Transformation Market 143 13.4.5 Singapore Digital Transformation Market 147 13.4.6 Australia Digital Transformation Market 151 13.4.7 Rest of Asia-Pacific Digital Transformation Market 155 13.5 MEA Digital Transformation Market 159 13.5.1 KSA Digital Transformation Market 163 13.5.2 UAE Digital Transformation Market 168 13.5.3 Qatar Digital Transformation Market 171 13.5.4 South Africa Digital Transformation Market 176 13.5.5 Rest of MEA Digital Transformation Market 180 13.6 Latin America Digital Transformation Market 184 13.6.1 Brazil Digital Transformation Market 188 13.6.2 Argentina Digital Transformation Market 193 13.6.3 Rest of Latin America Digital Transformation Market 196 14. COMPETITIVE SCENARIO 201 14.1 Porter’s Five forces analysis 201 14.1.1 Bargaining power of Supplier 202 14.1.2 Bargaining power of Buyer 202 14.1.3 Industry Rivalry 202 14.1.4 Availability of Substitute 202 14.1.5 Threat of new Entrants 202 14.2 Competitive Landscape 203 14.2.1 Market Share of Key Players in Digital Transformation Market, 2019 204 15. TOP COMPANY PROFILES 205 15.1 IBM Corporation 205 15.1.1 Key Facts 205 15.1.2 Business Description 206 15.1.3 IBM Corporation, Digital Journey 206 15.1.4 Key Product/Services Offerings 206 15.1.5 Growth Strategy 207 15.1.6 SWOT Analysis 207 15.1.7 Key Financials 208 15.1.7.1 Revenue Split 209 15.1.7.2 Financial Overview of IBM Corporation 209 15.1.8 Recent Developments 210 15.1.8.1 Product Launch 210 15.1.8.2 Partnerships 211 15.1.8.3 Mergers and Acquisitions 213 15.1.8.1 Business Expansions and Investment 213 15.2 SAP SE 214 15.3 Google Inc. 220 15.4 Oracle Corporation 226 15.5 Microsoft Corporation 232 15.6 Dell Emc 238 15.7 Adobe Systems Incorporated 244 15.8 Accenture PLC 250 15.9 Capgemini 256 15.10 Cognizant 262

FIG. 1 Scope of the Global Digital Transformation Market Study 18 FIG. 2 Research Methodology for the Digital Transformation Market Study 19 FIG. 3 Trends Observed in Consumer Behavior as a result of COVID-19 Outbreak (Organizations over US$ 60 Mn+) 23 FIG. 4 Digital Transformation 24 FIG. 5 Global Digital Transformation Market, 2019-2026 (US$ Billion) 25 FIG. 6 Benefits of Cloud 26 FIG. 7 Organisations with successful tranformations deploy more technologies than others do 27 FIG. 8 Nonprofit Workers Who Use Digital Accelerators See Increased Efficiency 28 FIG. 9 Priniciples for the future of Regulation 33 FIG. 10 Mobile-cellular subscriptions (millions) 34 FIG. 11 Global Investments in Digital Transformation 35 FIG. 12 Value Chain Analysis in Digital Transformation Market 39 FIG. 13 Global Digital Transformation Market Share by Component, 2019 & 2026 (%) 40 FIG. 14 Global Digital Transformation Market Size by Component, 2019-2026 (US$ Billion) 40 FIG. 15 The Changing Tech Investment Landscape 41 FIG. 16 Global Digital Transformation Market Share by Solutions, 2019 & 2026 (%) 42 FIG. 17 Global Digital Transformation Market Size by Solutions Type, 2019-2026 (US$ Billion) 42 FIG. 18 Role of Cloud Computing in Digital Transformation 43 FIG. 19 Global Cloud Computing Digital Transformation Market by Region, 2019-2026 (US$ Billion) 43 FIG. 20 Global Big Data & Analytics Digital Transformation Market by Region, 2019-2026 (US$ Billion) 44 FIG. 21 Global Mobility Digital Transformation Market by Region, 2019-2026 (US$ Billion) 45 FIG. 22 Global Disruptive Technology Digital Transformation Market by Region, 2019-2026 (US$ Billion) 46 FIG. 23 Global Social Media Digital Transformation Market by Region, 2019-2026 (US$ Billion) 47 FIG. 24 Global Digital Transformation Market Share by Services, 2019 & 2026 (%) 48 FIG. 25 Global Digital Transformation Market Size by Services Type, 2019-2026 (US$ Billion) 48 FIG. 26 Global Professional Services Digital Transformation Market by Region, 2019-2026 (US$ Billion) 49 FIG. 27 Global System Integration Digital Transformation Market by Region, 2019-2026 (US$ Billion) 50 FIG. 28 Public & Private Cloud Services 51 FIG. 29 Global Digital Transformation Market Share by Deployment Type 2019 & 2026 (%) 52 FIG. 30 Global Digital Transformation Market Share by Deployment Type, 2019-2026 (US$ Billion) 52 FIG. 31 Global On-Premise Digital Transformation Market by Region, 2019-2026 (US$ Billion) 53 FIG. 32 Global Cloud Digital Transformation Market by Region, 2019-2026 (US$ Billion) 54 FIG. 33 Global Digital Transformation Market Share by End-User, 2019 & 2026 (%) 55 FIG. 34 Overall focus of Large Enterprises and Unicorns in Advanced Technologies 56 FIG. 35 Global Digital Transformation Market Size by End-User, 2019-2026 (US$ Billion) 56 FIG. 36 Global Large Enterprise Digital Transformation Market by Region, 2019-2026 (US$ Billion) 57 FIG. 37 Global Small and Medium Enterprises Digital Transformation Market by Region, 2019-2026 (US$ Billion) 58 FIG. 38 Global Digital Transformation Market Share by Industry Verticals, 2019 & 2026 (%) 59 FIG. 39 Measuring Success in the IoT 60 FIG. 40 Global Digital Transformation Market Size by Industry Verticals, 2019-2026 (US$ Billion) 60 FIG. 41 Top Trends Impacting FS&Is over 1 to 3 years 61 FIG. 42 Top Strategic Priorities over the next 1 to 3 years 62 FIG. 43 Global BFSI Digital Transformation Market by Region, 2019-2026 (US$ Billion) 62 FIG. 44 Global Government Digital Transformation Market by Region, 2019-2026 (US$ Billion) 63 FIG. 45 Global Healthcare Digital Transformation Market by Region, 2019-2026 (US$ Billion) 63 FIG. 46 Global Telecommunication & IT Digital Transformation Market by Region, 2019-2026 (US$ Billion) 65 FIG. 47 Global Automotive Digital Transformation Market by Region, 2019-2026 (US$ Billion) 66 FIG. 48 Global Education Digital Transformation Market by Region, 2019-2026 (US$ Billion) 66 FIG. 49 Global Retail & Consumer Goods Digital Transformation Market by Region, 2019-2026 (US$ Billion) 67 FIG. 50 Global Media & Entertainment Digital Transformation Market by Region, 2019-2026 (US$ Billion) 68 FIG. 51 Global Manufacturing Digital Transformation Market by Region, 2019-2026 (US$ Billion) 68 FIG. 52 Global Other Industry Digital Transformation Market by Region, 2019-2026 (US$ Billion) 69 FIG. 53 Global Digital Transformation Market Share by Region, 2019 & 2026 (%) 70 FIG. 54 Global State Of Enterprise Digital Transformation Strategies 71 FIG. 55 Global Digital Transformation Market Size by Region, 2019-2026 (US$ Billion) 72 FIG. 56 North America Digital Transformation Market Size by Component, 2019-2026 (US$ Billion) 73 FIG. 57 North America Digital Transformation Market Size by Solution Type, 2019-2026 (US$ Billion) 74 FIG. 58 North America Digital Transformation Market Size by Service Type, 2019-2026 (US$ Billion) 74 FIG. 59 North America Digital Transformation Market Size by Deployment Type, 2019-2026 (US$ Billion) 76 FIG. 60 North America Digital Transformation Market Size by End-User, 2019-2026 (US$ Billion) 76 FIG. 61 North America Digital Transformation Market Size by Industry Verticals, 2019-2026 (US$ Billion) 77 FIG. 62 North America Digital Transformation Market Size by Country, 2019-2026 (US$ Billion) 77 FIG. 63 US Digital Transformation Market Size by Component, 2019-2026 (US$ Billion) 79 FIG. 64 US Digital Transformation Market Size by Solution Type, 2019-2026 (US$ Billion) 79 FIG. 65 US Digital Transformation Market Market Size by Service Type, 2019-2026 (US$ Billion) 80 FIG. 66 US Digital Transformation Market Market Size by Deployment Type, 2019-2026 (US$ Billion) 80 FIG. 67 US Digital Transformation Market Market Size by End-User, 2019-2026 (US$ Billion) 81 FIG. 68 US Digital Transformation Market Market Size by Industry Verticals, 2019-2026 (US$ Billion) 82 FIG. 69 Canada Digital Transformation Market Size by Component, 2019-2026 (US$ Billion) 83 FIG. 70 Canada Digital Transformation Market Size by Solution Type, 2019-2026 (US$ Billion) 84 FIG. 71 Canada Digital Transformation Market Market Size by Service Type, 2019-2026 (US$ Billion) 84 FIG. 72 Canada Digital Transformation Market Market Size by Deployment Type, 2019-2026 (US$ Billion) 85 FIG. 73 Canada Digital Transformation Market Market Size by End-User, 2019-2026 (US$ Billion) 85 FIG. 74 Canada Digital Transformation Market Market Size by Industry Verticals, 2019-2026 (US$ Billion) 86 FIG. 75 Mexico Digital Transformation Market Size by Component, 2019-2026 (US$ Billion) 87 FIG. 76 Mexico Digital Transformation Market Size by Solution Type, 2019-2026 (US$ Billion) 87 FIG. 77 Mexico Digital Transformation Market Market Size by Service Type, 2019-2026 (US$ Billion) 88 FIG. 78 Mexico Digital Transformation Market Market Size by Deployment Type, 2019-2026 (US$ Billion) 88 FIG. 79 Mexico Digital Transformation Market Market Size by End-User, 2019-2026 (US$ Billion) 89 FIG. 80 Mexico Digital Transformation Market Market Size by Industry Verticals, 2019-2026 (US$ Billion) 90 FIG. 81 Rest of North America Digital Transformation Market Size by Component, 2019-2026 (US$ Billion) 91 FIG. 82 Rest of North America Digital Transformation Market Size by Solution Type, 2019-2026 (US$ Billion) 92 FIG. 83 Rest of North America Digital Transformation Market Market Size by Service Type, 2019-2026 (US$ Billion) 92 FIG. 84 Rest of North America Digital Transformation Market Market Size by Deployment Type, 2019-2026 (US$ Billion) 93 FIG. 85 Rest of North America Digital Transformation Market Market Size by End-User, 2019-2026 (US$ Billion) 93 FIG. 86 Rest of North America Digital Transformation Market Market Size by Industry Verticals, 2019-2026 (US$ Billion) 94 FIG. 87 Europe Digital Transformation Market Size by Component, 2019-2026 (US$ Billion) 95 FIG. 88 Europe Digital Transformation Market Size by Solution Type, 2019-2026 (US$ Billion) 96 FIG. 89 Europe Digital Transformation Market Size by Service Type, 2019-2026 (US$ Billion) 96 FIG. 90 Europe Digital Transformation Market Size by Deployment Type, 2019-2026 (US$ Billion) 97 FIG. 91 Europe Digital Transformation Market Size by End-User, 2019-2026 (US$ Billion) 97 FIG. 92 Europe Digital Transformation Market Size by Industry Verticals, 2019-2026 (US$ Billion) 98 FIG. 93 Europe Digital Transformation Market Size by Country, 2019-2026 (US$ Billion) 98 FIG. 94 Germany Digital Transformation Market Size by Component, 2019-2026 (US$ Billion) 100 FIG. 95 Germany Digital Transformation Market Size by Solution Type, 2019-2026 (US$ Billion) 100 FIG. 96 Germany Digital Transformation Market Market Size by Service Type, 2019-2026 (US$ Billion) 101 FIG. 97 Germany Digital Transformation Market Market Size by Deployment Type, 2019-2026 (US$ Billion) 101 FIG. 98 Germany Digital Transformation Market Market Size by End-User, 2019-2026 (US$ Billion) 102 FIG. 99 Germany Digital Transformation Market Market Size by Industry Verticals, 2019-2026 (US$ Billion) 102 FIG. 100 UK Digital Transformation Market Size by Component, 2019-2026 (US$ Billion) 103 FIG. 101 UK Digital Transformation Market Size by Solution Type, 2019-2026 (US$ Billion) 104 FIG. 102 UK Digital Transformation Market Market Size by Service Type, 2019-2026 (US$ Billion) 104 FIG. 103 UK Digital Transformation Market Market Size by Deployment Type, 2019-2026 (US$ Billion) 105 FIG. 104 UK Digital Transformation Market Market Size by End-User, 2019-2026 (US$ Billion) 105 FIG. 105 UK Digital Transformation Market Market Size by Industry Verticals, 2019-2026 (US$ Billion) 106 FIG. 106 Russia Digital Transformation Market Size by Component, 2019-2026 (US$ Billion) 107 FIG. 107 Russia Digital Transformation Market Size by Solution Type, 2019-2026 (US$ Billion) 107 FIG. 108 Russia Digital Transformation Market Market Size by Service Type, 2019-2026 (US$ Billion) 108 FIG. 109 Russia Digital Transformation Market Market Size by Deployment Type, 2019-2026 (US$ Billion) 108 FIG. 110 Russia Digital Transformation Market Market Size by End-User, 2019-2026 (US$ Billion) 109 FIG. 111 Russia Digital Transformation Market Market Size by Industry Verticals, 2019-2026 (US$ Billion) 110 FIG. 112 France Digital Transformation Market Size by Component, 2019-2026 (US$ Billion) 111 FIG. 113 France Digital Transformation Market Size by Solution Type, 2019-2026 (US$ Billion) 112 FIG. 114 France Digital Transformation Market Market Size by Service Type, 2019-2026 (US$ Billion) 112 FIG. 115 France Digital Transformation Market Market Size by Deployment Type, 2019-2026 (US$ Billion) 113 FIG. 116 France Digital Transformation Market Market Size by End-User, 2019-2026 (US$ Billion) 113 FIG. 117 France Digital Transformation Market Market Size by Industry Verticals, 2019-2026 (US$ Billion) 114 FIG. 118 Italy Digital Transformation Market Size by Component, 2019-2026 (US$ Billion) 115 FIG. 119 Italy Digital Transformation Market Size by Solution Type, 2019-2026 (US$ Billion) 116 FIG. 120 Italy Digital Transformation Market Market Size by Service Type, 2019-2026 (US$ Billion) 116 FIG. 121 Italy Digital Transformation Market Market Size by Deployment Type, 2019-2026 (US$ Billion) 117 FIG. 122 Italy Digital Transformation Market Market Size by End-User, 2019-2026 (US$ Billion) 117 FIG. 123 Italy Digital Transformation Market Market Size by Industry Verticals, 2019-2026 (US$ Billion) 118 FIG. 124 Spain Digital Transformation Market Size by Component, 2019-2026 (US$ Billion) 119 FIG. 125 Spain Digital Transformation Market Size by Solution Type, 2019-2026 (US$ Billion) 120 FIG. 126 Spain Digital Transformation Market Market Size by Service Type, 2019-2026 (US$ Billion) 120 FIG. 127 Spain Digital Transformation Market Market Size by Deployment Type, 2019-2026 (US$ Billion) 121 FIG. 128 Spain Digital Transformation Market Market Size by End-User, 2019-2026 (US$ Billion) 121 FIG. 129 Spain Digital Transformation Market Market Size by Industry Verticals, 2019-2026 (US$ Billion) 122 FIG. 130 Rest of Europe Digital Transformation Market Size by Component, 2019-2026 (US$ Billion) 123 FIG. 131 Rest of Europe Digital Transformation Market Size by Solution Type, 2019-2026 (US$ Billion) 124 FIG. 132 Rest of Europe Digital Transformation Market Market Size by Service Type, 2019-2026 (US$ Billion) 124 FIG. 133 Rest of Europe Digital Transformation Market Market Size by Deployment Type, 2019-2026 (US$ Billion) 125 FIG. 134 Rest of Europe Digital Transformation Market Market Size by End-User, 2019-2026 (US$ Billion) 125 FIG. 135 Rest of Europe Digital Transformation Market Market Size by Industry Verticals, 2019-2026 (US$ Billion) 126 FIG. 136 Asia-Pacific Digital Transformation Market Size by Component, 2019-2026 (US$ Billion) 127 FIG. 137 Asia-Pacific Digital Transformation Market Size by Solution Type, 2019-2026 (US$ Billion) 128 FIG. 138 Asia-Pacific Digital Transformation Market Size by Service Type, 2019-2026 (US$ Billion) 128 FIG. 139 Asia-Pacific Digital Transformation Market Size by Deployment Type, 2019-2026 (US$ Billion) 129 FIG. 140 Asia-Pacific Digital Transformation Market Size by End-User, 2019-2026 (US$ Billion) 129 FIG. 141 Asia-Pacific Digital Transformation Market Size by Industry Verticals, 2019-2026 (US$ Billion) 130 FIG. 142 Asia-Pacific Digital Transformation Market Size by Country, 2019-2026 (US$ Billion) 130 FIG. 143 China Digital Transformation Market Size by Component, 2019-2026 (US$ Billion) 132 FIG. 144 China Digital Transformation Market Size by Solution Type, 2019-2026 (US$ Billion) 132 FIG. 145 China Digital Transformation Market Market Size by Service Type, 2019-2026 (US$ Billion) 133 FIG. 146 China Digital Transformation Market Market Size by Deployment Type, 2019-2026 (US$ Billion) 133 FIG. 147 China Digital Transformation Market Market Size by End-User, 2019-2026 (US$ Billion) 134 FIG. 148 China Digital Transformation Market Market Size by Industry Verticals, 2019-2026 (US$ Billion) 134 FIG. 149 Japan Digital Transformation Market Size by Component, 2019-2026 (US$ Billion) 135 FIG. 150 Japan Digital Transformation Market Size by Solution Type, 2019-2026 (US$ Billion) 136 FIG. 151 Japan Digital Transformation Market Size by Service Type, 2019-2026 (US$ Billion) 136 FIG. 152 Japan Digital Transformation Market Size by Deployment Type, 2019-2026 (US$ Billion) 137 FIG. 153 Japan Digital Transformation Market Size by End-User, 2019-2026 (US$ Billion) 137 FIG. 154 Japan Digital Transformation Market Size by Industry Verticals, 2019-2026 (US$ Billion) 138 FIG. 155 India Digital Transformation Market Size by Component, 2019-2026 (US$ Billion) 139 FIG. 156 India Digital Transformation Market Size by Solution Type, 2019-2026 (US$ Billion) 139 FIG. 157 India Digital Transformation Market Size by Service Type, 2019-2026 (US$ Billion) 140 FIG. 158 India Digital Transformation Market Size by Deployment Type, 2019-2026 (US$ Billion) 140 FIG. 159 India Digital Transformation Market Size by End-User, 2019-2026 (US$ Billion) 141 FIG. 160 India Digital Transformation Market Size by Industry Verticals, 2019-2026 (US$ Billion) 141 FIG. 161 South Korea Digital Transformation Market Size by Component, 2019-2026 (US$ Billion) 143 FIG. 162 South Korea Digital Transformation Market Size by Solution Type, 2019-2026 (US$ Billion) 144 FIG. 163 South Korea Digital Transformation Market Size by Service Type, 2019-2026 (US$ Billion) 144 FIG. 164 South Korea Digital Transformation Market Size by Deployment Type, 2019-2026 (US$ Billion) 145 FIG. 165 South Korea Digital Transformation Market Size by End-User, 2019-2026 (US$ Billion) 145 FIG. 166 South Korea Digital Transformation Market Size by Industry Verticals, 2019-2026 (US$ Billion) 146 FIG. 167 Singapore Digital Transformation Market Size by Component, 2019-2026 (US$ Billion) 147 FIG. 168 Singapore Digital Transformation Market Size by Solution Type, 2019-2026 (US$ Billion) 148 FIG. 169 Singapore Digital Transformation Market Size by Service Type, 2019-2026 (US$ Billion) 148 FIG. 170 Singapore Digital Transformation Market Size by Deployment Type, 2019-2026 (US$ Billion) 149 FIG. 171 Singapore Digital Transformation Market Size by End-User, 2019-2026 (US$ Billion) 149 FIG. 172 Singapore Digital Transformation Market Size by Industry Verticals, 2019-2026 (US$ Billion) 150 FIG. 173 Australia Digital Transformation Market Size by Component, 2019-2026 (US$ Billion) 151 FIG. 174 Australia Digital Transformation Market Size by Solution Type, 2019-2026 (US$ Billion) 152 FIG. 175 Australia Digital Transformation Market Size by Service Type, 2019-2026 (US$ Billion) 152 FIG. 176 Australia Digital Transformation Market Size by Deployment Type, 2019-2026 (US$ Billion) 153 FIG. 177 Australia Digital Transformation Market Size by End-User, 2019-2026 (US$ Billion) 153 FIG. 178 Australia Digital Transformation Market Size by Industry Verticals, 2019-2026 (US$ Billion) 154 FIG. 179 Rest of Asia-Pacific Digital Transformation Market Size by Component, 2019-2026 (US$ Billion) 155 FIG. 180 Rest of Asia-Pacific Digital Transformation Market Size by Solution Type, 2019-2026 (US$ Billion) 156 FIG. 181 Rest of Asia-Pacific Digital Transformation Market Size by Service Type, 2019-2026 (US$ Billion) 156 FIG. 182 Rest of Asia-Pacific Digital Transformation Market Size by Deployment Type, 2019-2026 (US$ Billion) 157 FIG. 183 Rest of Asia-Pacific Digital Transformation Market Size by End-User, 2019-2026 (US$ Billion) 157 FIG. 184 Rest of Asia-Pacific Digital Transformation Market Size by Industry Verticals, 2019-2026 (US$ Billion) 158 FIG. 185 MEA Digital Transformation Market Size by Component, 2019-2026 (US$ Billion) 159 FIG. 186 MEA Digital Transformation Market Size by Solution Type, 2019-2026 (US$ Billion) 160 FIG. 187 MEA Digital Transformation Market Size by Service Type, 2019-2026 (US$ Billion) 160 FIG. 188 MEA Digital Transformation Market Size by Deployment Type, 2019-2026 (US$ Billion) 161 FIG. 189 MEA Digital Transformation Market Size by End-User, 2019-2026 (US$ Billion) 161 FIG. 190 MEA Digital Transformation Market Size by Industry Verticals, 2019-2026 (US$ Billion) 162 FIG. 191 MEA Digital Transformation Market Size by Country, 2019-2026 (US$ Billion) 162 FIG. 192 KSA Digital Transformation Market Size by Component, 2019-2026 (US$ Billion) 164 FIG. 193 KSA Digital Transformation Market Size by Solution Type, 2019-2026 (US$ Billion) 164 FIG. 194 KSA Digital Transformation Market Size by Service Type, 2019-2026 (US$ Billion) 165 FIG. 195 KSA Digital Transformation Market Size by Deployment Type, 2019-2026 (US$ Billion) 165 FIG. 196 KSA Digital Transformation Market Size by End-User, 2019-2026 (US$ Billion) 166 FIG. 197 KSA Digital Transformation Market Size by Industry Verticals, 2019-2026 (US$ Billion) 166 FIG. 198 UAE Digital Transformation Market Size by Component, 2019-2026 (US$ Billion) 168 FIG. 199 UAE Digital Transformation Market Size by Solution Type, 2019-2026 (US$ Billion) 169 FIG. 200 UAE Digital Transformation Market Size by Service Type, 2019-2026 (US$ Billion) 169 FIG. 201 UAE Digital Transformation Market Size by Deployment Type, 2019-2026 (US$ Billion) 170 FIG. 202 UAE Digital Transformation Market Size by End-User, 2019-2026 (US$ Billion) 170 FIG. 203 UAE Digital Transformation Market Size by Industry Verticals, 2019-2026 (US$ Billion) 171 FIG. 204 Qatar Digital Transformation Market Size by Component, 2019-2026 (US$ Billion) 172 FIG. 205 Qatar Digital Transformation Market Size by Solution Type, 2019-2026 (US$ Billion) 172 FIG. 206 Qatar Digital Transformation Market Market Size by Service Type, 2019-2026 (US$ Billion) 173 FIG. 207 Qatar Digital Transformation Market Size by Deployment Type, 2019-2026 (US$ Billion) 173 FIG. 208 Qatar Digital Transformation Market Size by End-User, 2019-2026 (US$ Billion) 174 FIG. 209 Qatar Digital Transformation Market Size by Industry Verticals, 2019-2026 (US$ Billion) 174 FIG. 210 South Africa Digital Transformation Market Size by Component, 2019-2026 (US$ Billion) 176 FIG. 211 South Africa Digital Transformation Market Size by Solution Type, 2019-2026 (US$ Billion) 177 FIG. 212 South Africa Digital Transformation Market Size by Service Type, 2019-2026 (US$ Billion) 177 FIG. 213 South Africa Digital Transformation Market Size by Deployment Type, 2019-2026 (US$ Billion) 178 FIG. 214 South Africa Digital Transformation Market Size by End-User, 2019-2026 (US$ Billion) 178 FIG. 215 South Africa Digital Transformation Market Size by Industry Verticals, 2019-2026 (US$ Billion) 179 FIG. 216 Rest of MEA Digital Transformation Market Size by Component, 2019-2026 (US$ Billion) 180 FIG. 217 Rest of MEA Digital Transformation Market Size by Solution Type, 2019-2026 (US$ Billion) 181 FIG. 218 Rest of MEA Digital Transformation Market Size by Service Type, 2019-2026 (US$ Billion) 181 FIG. 219 Rest of MEA Digital Transformation Market Size by Deployment Type, 2019-2026 (US$ Billion) 182 FIG. 220 Rest of MEA Digital Transformation Market Size by End-User, 2019-2026 (US$ Billion) 182 FIG. 221 Rest of MEA Digital Transformation Market Size by Industry Verticals, 2019-2026 (US$ Billion) 183 FIG. 222 Latin America Digital Transformation Market Size by Component, 2019-2026 (US$ Billion) 184 FIG. 223 Latin America Digital Transformation Market Size by Solution Type, 2019-2026 (US$ Billion) 185 FIG. 224 Latin America Digital Transformation Market Size by Service Type, 2019-2026 (US$ Billion) 185 FIG. 225 Latin America Digital Transformation Market Size by Deployment Type, 2019-2026 (US$ Billion) 186 FIG. 226 Latin America Digital Transformation Market Size by End-User, 2019-2026 (US$ Billion) 186 FIG. 227 Latin America Digital Transformation Market Size by Industry Verticals, 2019-2026 (US$ Billion) 187 FIG. 228 Latin America Digital Transformation Market Size by Country, 2019-2026 (US$ Billion) 187 FIG. 229 Brazil Digital Transformation Market Size by Component, 2019-2026 (US$ Billion) 189 FIG. 230 Brazil Digital Transformation Market Size by Solution Type, 2019-2026 (US$ Billion) 189 FIG. 231 Brazil Digital Transformation Market Size by Service Type, 2019-2026 (US$ Billion) 190 FIG. 232 Brazil Digital Transformation Market Size by Deployment Type, 2019-2026 (US$ Billion) 190 FIG. 233 Brazil Digital Transformation Market Size by End-User, 2019-2026 (US$ Billion) 191 FIG. 234 Brazil Digital Transformation Market Size by Industry Verticals, 2019-2026 (US$ Billion) 191 FIG. 235 Argentina Digital Transformation Market Size by Component, 2019-2026 (US$ Billion) 193 FIG. 236 Argentina Digital Transformation Market Size by Solution Type, 2019-2026 (US$ Billion) 194 FIG. 237 Argentina Digital Transformation Market Size by Service Type, 2019-2026 (US$ Billion) 194 FIG. 238 Argentina Digital Transformation Market Size by Deployment Type, 2019-2026 (US$ Billion) 195 FIG. 239 Argentina Digital Transformation Market Size by End-User, 2019-2026 (US$ Billion) 195 FIG. 240 Argentina Digital Transformation Market Size by Industry Verticals, 2019-2026 (US$ Billion) 196 FIG. 241 Rest of Latin America Digital Transformation Market Size by Component, 2019-2026 (US$ Billion) 197 FIG. 242 Rest of Latin America Digital Transformation Market Size by Solution Type, 2019-2026 (US$ Billion) 198 FIG. 243 Rest of Latin America Digital Transformation Market Size by Service Type, 2019-2026 (US$ Billion) 198 FIG. 244 Rest of Latin America Digital Transformation Market Size by Deployment Type, 2019-2026 (US$ Billion) 199 FIG. 245 Rest of Latin America Digital Transformation Market Size by End-User, 2019-2026 (US$ Billion) 199 FIG. 246 Rest of Latin America Digital Transformation Market Size by Industry Verticals, 2019-2026 (US$ Billion) 200 FIG. 247 Porter’s Five forces analysis of Digital Transformation Market 201 FIG. 248 Market Share of Key Players in Digital Transformation Market, 2019 (%) 204 FIG. 249 Moments from IBM’s Transformation – Digital Journey 206 FIG. 250 IBM Corporation, SWOT Analysis 207 FIG. 251 Key Financials of IBM Corporation 208 FIG. 252 IBM Corporation, Revenue Split, 2019 209 FIG. 253 SAP SE, SWOT Analysis 216 FIG. 254 Key Financials of SAP SE 217 FIG. 255 SAP SE, Revenue Split, 2019 218 FIG. 256 Google Inc., SWOT Analysis 222 FIG. 257 Key Financials of Google Inc. 223 FIG. 258 Google Inc., Revenue Split, 2019 224 FIG. 259 Oracle Corporation, SWOT Analysis 228 FIG. 260 Key Financials of Oracle Corporation 229 FIG. 261 Oracle Corporation, Revenue Split, 2019 230 FIG. 262 Microsoft Corporation, SWOT Analysis 234 FIG. 263 Key Financials of Microsoft Corporation 235 FIG. 264 Microsoft Corporation, Revenue Split, 2019 236 FIG. 265 Dell Emc, SWOT Analysis 240 FIG. 266 Key Financials of Dell Emc 241 FIG. 267 Dell Emc, Revenue Split, 2019 242 FIG. 268 Adobe Systems Incorporated, SWOT Analysis 246 FIG. 269 Key Financials of Adobe Systems Incorporated 247 FIG. 270 Adobe Systems Incorporated, Revenue Split, 2019 248 FIG. 271 Accenture PLC, SWOT Analysis 252 FIG. 272 Key Financials of Accenture PLC 253 FIG. 273 Accenture PLC, Revenue Split, 2019 254 FIG. 274 Capgemini, SWOT Analysis 258 FIG. 275 Key Financials of Capgemini 259 FIG. 276 Capgemini, Revenue Split, 2019 260 FIG. 277 Cognizant, SWOT Analysis 264 FIG. 278 Key Financials of Cognizant 265 FIG. 279 Cognizant, Revenue Split, 2019 266

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