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Digital Transformation - The Most Interesting Stats #12

1. The global big data and business analytics market garnered $171.39 billion in 2018 and is estimated to reach $512.04 billion by 2026, growing at a CAGR of 14.8% from 2019 to 2026.

2. The Asia Pacific digital transformation market accounted for US$ 138.94 Bn in 2017 and is expected to grow at a CAGR of 26.9% over the forecast period 2018-2025, to account for US$ 825.11 Bn in 2025.

3. Digital Transformation Market is expected to grow at a CAGR of 22.7% to reach $3,294 Billion by 2025.

4. The global artificial intelligence (AI) chips market is expected to post a CAGR of around 39% during the period 2019-2023.

5. North America digital banking platform market is expected to grow from US$ 1,006.3 Mn in 2018 to US$ 2,766.3 Mn by the year 2027. This represents a CAGR of 12.1% from the year 2018 to 2027.