Digital transformation refers as the use of digital technology with an objective to address the conventional issues. The switch from traditional to new digitized business models accelerates the introduction of advanced high-tech products & solutions. The digital transformation helps the companies to improve the image of their brand, customer experience and customer stays with the help of software installation. Digitally transformation companies can be flexible for changing the technological panorama and can appeal to the abrupt changes in the industry. The increasing digitization of organizational business functions to meet changing customer preferences and improve operational efficiency has directly impacted the growth of the digital transformation market throughout the forecast period. Rising focus on collaboration among departments, growing demand for personalized digital transformation and increasing usage of disruptive technologies like artificial intelligence (AI), machine learning (ML) and big data will open up new opportunities that will lead to the growth of the digital transformation market throughput the forecast period.
Referring
to the study, “North America Digital Transformation Market: Current
Analysis and Forecast (2021-2027)” the key companies
operating in the North-America digital transformation market include Dell,
Microsoft Corporation, IBM Corporation, Adobe Systems Incorporated, Accenture
PLC, Oracle Corporation, Capgemini, Google Inc, Cognizant, SAP SE and among others.
Small, medium and large businesses are increasingly adopting digital
transformation solutions to gain the competitive advantage and respond to
consumers in real time. In addition, the widespread adoption of industrial
robots and the advent of Industry 5.0 to improve the efficiency of intelligent
factory systems are driving the growth of the market. Moreover, a range of
technological advances, such as the integration of devices connected to the
Internet of Things (IoT) and cloud computing solutions are other growth
drivers. These connected, data-rich technologies are integrated into business
operations, making it easier for the business to take concrete steps for better
and more efficient customer engagement. Few other factors, including the
increasing use of wireless communication technologies, as well as the
development of large-scale infrastructure, especially in developing economies,
are expected to drive the market towards growth.
Based
on country-wise analysis, the North-America digital transformation market is
primarily driven by increase in investment in research & development
(R&D) for introduction of new technologies, presence of many digital
transformation solution providers and surge in use of different types of online
payment modes across the region. Digital transformation requires a very responsive
& flexible IT support, which is available in the majority of companies in
this region. There is tremendous demand in the region for robotics and software
solutions due to high manufacturing, automotive, and retail in the United
States and Canada. It is projected that future of the North-America digital
transformation market will be bright as a result of various technological
advancements for instance integration of connected devices with
Internet-of-Things (IoT) & cloud computing solutions during the forecast
period.
For More Information, refer to
below link:-
North
America Digital Transformation Market
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