Analysis and Forecasts by Components (Solution and Services); Deployment Type (Cloud and On-Premise); and End-User (BFSI, Healthcare, Education, Retail, IT & Telecom, Logistics & Transportation, Manufacturing, and Others)
No. of Pages:148
Report Code:
TIPRE00005037
Category:
Technology, Media and Telecommunications
Digital transformation market in North America is expected to grow from US$ 166.07 Bn in 2017 to US$ 757.63 Bn by the year 2025. This represents a CAGR of 22.1% from the year 2018 to 2025.
With the adoption of digital solutions, organizations are being able to reach maximum number of end-users. This is due to rising adoption of smart devices including, tablets and smartphones globally, as well as increasing penetration of internet services. Over the past few years, there has been a significant growth in the number of smartphone and internet users, in the developing and emerging countries. This is attributed to the constantly decreasing prices of internet and smart devices as well as rising affordability of people in these countries. Digital solutions has created a potential for companies to reach a huge mass of audience worldwide. For instance, Uber and Lyft, on-demand transportation companies, utilized digital platform and earned a huge success. These companies can be considered as a key illustration of how implementation of strategy and innovation, empowered by technology, can suddenly impact the development of the whole industry. Furthermore, in the fastest growing e-commerce market, more and more SMEs are now using online platform for providing their offerings to the customers. This has enabled them to extend their market reach, enhance external communication, augment sales, improve speed of processing, improve company image, as well as increase employee productivity.
Currently, US is dominating the global digital transformation market in terms of installation which in turn boost the demand for digital Transformation. This is due to the reason that the region is highly advanced in terms of technology as well as economy. Also, the region is one of the early adopters of new technology in any market. Therefore, the digital transformation solution has already been adopted by most of the industry verticals in the region and is still increasing with the increase in the number of companies in the region in different verticals. The figure given below highlights the revenue share of Mexico in the North American digital transformation market in the forecast period:
Exhibit: Mexico Digital Transformation Market Revenue and Forecasts to 2025 (US$ Bn)
NORTH AMERICA DIGITAL TRANSFORMATION MARKET - SEGMENTATION
North America Digital Transformation Market By Component
• Solution
• Service
North America Digital Transformation Market By Type
• Cloud
• On-Premise
North America Digital Transformation Market By End-User
• BFSI
• Healthcare
• Education
• Retail
• IT & Telecom
• Logistics & Transportation
• Manufacturing
• Others
North America Digital Transformation Market By Country
• U.S.
• Canada
• Mexico
Companies Mentioned
• IBM Corporation
• Accenture
• SAP SE
• Microsoft Corporation
• Oracle Corporation
• Capgemini
• Adobe Systems
• Google, Inc.
• Dell, Inc.
• Cognizant Technology Solutions Corporation
North America Digital Transformation Market Strategic Insights
Get more information on this report
North America Digital Transformation Market Segmentation Analysis
North America Digital Transformation Market Report Highlights
North America Digital Transformation Report Scope
Report Attribute
Details
Market size in 2017
US$ 166.07 Billion
Market Size by 2025
US$ 757.63 Billion
CAGR (2018 - 2025)
22.1%
Historical Data
2015-2016
Forecast period
2018-2025
Segments Covered
By Components
Solution
Services
By Deployment Type
Cloud
On-Premise
By End-User
BFSI
Healthcare
Education
Retail
IT & Telecom
Logistics & Transportation
Manufacturing
Regions and Countries Covered
North America
US
Canada
Mexico
Market leaders and key company profiles
IBM Corporation
Accenture
SAP SE
Microsoft Corporation
Oracle Corporation
Capgemini
Adobe Systems
Google, Inc.
Dell, Inc.
cognizant technology solutions corporation
Get more information on this report
North America Digital Transformation Market Country and Regional Insights
Get more information on this report
Identical Market Reports with other Region/Countries
How big is the North America Digital Transformation Market?
The North America Digital Transformation Market is valued at US$ 166.07 Billion in 2017, it is projected to reach US$ 757.63 Billion by 2025.
What is the CAGR for North America Digital Transformation Market by (2018 - 2025)?
As per our report North America Digital Transformation Market, the market size is valued at US$ 166.07 Billion in 2017, projecting it to reach US$ 757.63 Billion by 2025. This translates to a CAGR of approximately 22.1% during the forecast period.
What segments are covered in this report?
The North America Digital Transformation Market report typically cover these key segments-
What is the historic period, base year, and forecast period taken for North America Digital Transformation Market?
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the North America Digital Transformation Market report:
Historic Period : 2015-2016
Base Year : 2017
Forecast Period : 2018-2025
Who are the major players in North America Digital Transformation Market?
The North America Digital Transformation Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
IBM Corporation
Accenture
SAP SE
Microsoft Corporation
Oracle Corporation
Capgemini
Adobe Systems
Google, Inc.
Dell, Inc.
cognizant technology solutions corporation
Who should buy this report?
The North America Digital Transformation Market report is valuable for diverse stakeholders, including:
Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.
Essentially, anyone involved in or considering involvement in the North America Digital Transformation Market value chain can benefit from the information contained in a comprehensive market report.
Get Free Sample For North America Digital Transformation Market
