North America Digital Transformation Market

Historic Data: 2015-2016   |   Base Year: 2017   |    Forecast Period: 2018-2025

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

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North America Digital Transformation Market
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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 Strategic Insights

Strategic insights for the North America Digital Transformation provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

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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
Global 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
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North America Digital Transformation Regional Insights

The geographic scope of the North America Digital Transformation refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

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Identical Market Reports with other Region/Countries

The List of Companies - North America Digital Transformation Market

The List of Companies

  1. IBM Corporation
  2. Accenture
  3. SAP SE
  4. Microsoft Corporation
  5. Oracle Corporation
  6. Capgemini
  7. Adobe Systems
  8. Google, Inc.
  9. Dell, Inc.
  10. cognizant technology solutions corporation
Frequently Asked Questions
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-

  • Components (Solution, Services)
  • Deployment Type (Cloud, On-Premise)
  • End-User (BFSI, Healthcare, Education, Retail, IT & Telecom, Logistics & Transportation, Manufacturing)

    • 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.

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