Digital Transformation Market Technology Trends and Forecasts to 2019 Digital Transformation Market | Page 2

Artificial Intelligence Technology of Digital Transformation Market is projected
to be the leading segment of the overall market during the forecast period
On the basis of Technology, the Digital Transformation market has been segmented into
Cloud Computing, Big Data & Analytics, Mobility/Social Media, Cyber security and Artificial
Intelligence. Artificial Intelligence segment dominates the global Digital Transformation
Market owing to its technologies such as natural language processing, machine learning,
and expert systems. Cloud Computing is driven by its features like with low initial
investment help in enhancing IT capabilities.
The hosted segment of Digital Transformation Market is anticipated to be the
dominating segment of the overall market during the forecast period
On the basis of Deployment, the Digital Transformation market has been categorized into
Hosted and On-premise. The hosted segment will lead the market owing to its features like
a less initial investment, Accessible anywhere anytime and very secure data center. On-
premise is driven by its features like improving visibility and facilitating better decision-
making, efficiency, and services.
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Healthcare is projected to lead the industry for utilizing applications of the Digital
Transformation during the forecast period
On the basis of End-User Industry, the Digital Transformation market has been segmented
into BFSI, Telecom, Healthcare, Utility, Retail, Automotive, ICT, and Others. By End-User
Industry, Healthcare will lead the market owing to the speedily rising customers has headed
to the requirement of accessible business models to facilitate efficient handling of patients.
BFSI will influence by its help in mitigating risks associated with costs and facilitate the
implementation of new business strategies.
North America accounts for the lion’s share of the global Digital Transformation
market during the anticipated period.
On the basis of region, the Digital Transformation market has been segmented into North
America, Europe, Asia Pacific, Middle East & Africa, and Latin America. North America
dominates the global digital transformation market over the forecast period due to early
adoption of digital transformation, technological advancement and increasing investment in
R&D activities for the development of new technologies. Europe market will drive by higher
industrial penetration, and availability of capital is enabling companies to invest in new
technology, and the focus on the automotive sector.
Global Digital Transformation Market Competitive Landscape
Companies such as SAP SE, IBM Corporation, Oracle Corporation, Google Inc., Dell EMC,
Hewlett Packard Enterprise Co., CA Technologies, Microsoft Corporation, Adobe Systems
Incorporated, Accenture PLC, Capgemini Group, Apple Inc., Siemens AG, Cognex
Corporation, and Kellton Tech Solutions Ltd., are the key players in the global Digital
Transformation market.
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