Digital Transformation Hub

Digital Transformation Facts

  • Global Digital Transformation Market Size Forecast 2027

    Global Digital Transformation Market Size Forecast 2027

    2021 ReportLinker

    The Global Digital Transformation market size is expected to reach $1,302.9bn by 2027, rising at a market growth of 20% CAGR.

  • Artificial Intelligence Software Worldwide Market 2025 Forecast

    Artificial Intelligence Software Worldwide Market 2025 Forecast

    2020 Omdia

    The worldwide market for artificial intelligence software will expand to $98.8 billion by 2025, rising by a factor of six from $16.4 billion in 2019 despite the varying effects of the COVID-19 pandemic across different industries.

  • Digital Transformation Market Growth & Trends 2020-2027 Projection

    Digital Transformation Market Growth & Trends 2020-2027 Projection

    2020 Reportlinker

    The global digital transformation market size is expected to reach USD 1,392.91 billion by 2027, registering a CAGR of 22.5% from 2020 to 2027.

  • Growing Innovation Significance

    Growing Innovation Significance

    2020 Boomi

    56% of global business and IT leaders anticipate that innovation will be everyone’s responsibility in 3 years – and not just that of the leadership.

  • Digital Transformation Focus Areas

    Digital Transformation Focus Areas

    2020 Boomi

    Today’s digital transformation efforts are focused primarily on customer experience (54%) and employee productivity (50%).

  • Digital Transformation Top Barriers

    Digital Transformation Top Barriers

    2020 Boomi

    The top barriers for digital transformation and innovation efforts include insufficient in-house skills (41%) followed by a restrictive budget (33%).

  • Digital Transformation accelerated by COVID-19

    Digital Transformation accelerated by COVID-19

    2020 DMEXCO

    70% of digital decision-makers from Germany, Austria and Switzerland expect the coronavirus pandemic to accelerate the pace of the digital transformation.

  • The Global Digital Transformation Spending 2020-2023 Forecast

    The Global Digital Transformation Spending 2020-2023 Forecast

    2020 Veeam

    Digital Transformation (DX) spending is expected to approach $7.4 trillion between 2020 and 2023, a CAGR of 17.5%.

  • The Global Artificial Intelligence (AI) Market in Manufacturing Industry 2019-2023 Forecast

    The Global Artificial Intelligence (AI) Market in Manufacturing Industry 2019-2023 Forecast

    2020 Technavio

    The global artificial intelligence (AI) market in manufacturing industry and it is poised to grow by USD 7.22 billion during 2019-2023, progressing at a CAGR of about 31% during the forecast period.

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