Security News > 2022 > March > Digital transformation market to reach $1,759.4 billion by 2028

Digital transformation market to reach $1,759.4 billion by 2028
2022-03-09 04:00

The global digital transformation market size is estimated to reach $1,759.

The increasing adoption of advanced technologies, such as the Internet of Things and machine learning, across several industries/sectors, is encouraging businesses to implement connected, analytical, and data-rich solutions via digital transformation.

The rising implementation of digital transformation solutions across industries and verticals is driving the demand for support and maintenance services.

Large enterprise is expected to be the largest enterprise size segment due to the increased focus of large-scale firms on improving productivity and efficiency of workforces by using digital transformation solutions.

The rapid urbanization and digitization across the globe are enabling organizations to embrace digital transformation using technology-driven solutions.

Benefits, such as improvements in operational flexibility and overall customer experience, are encouraging digital transformation initiatives across SMEs, driving the market.


News URL

https://www.helpnetsecurity.com/2022/03/09/digital-transformation-market-2028/

Related vendor

VENDOR LAST 12M #/PRODUCTS LOW MEDIUM HIGH CRITICAL TOTAL VULNS
Billion 2 0 1 6 3 10