Europe digital transformation market was valued at $ 147.1 billion in 2022 and will grow by 20.0% annually over 2022-2032, driven by the increasing availability of mobile devices and digital platforms, increasing demand for industrial automation and digitalization, government initiatives, increasing internet penetration, and the growing adoption of IoT/AI/cloud/big data/contactless solutions.

Highlighted with 37 tables and 61 figures, this 130-page report “Europe Digital Transformation Market 2022-2032 by Offering (Hardware, Software, Services), Technology (IoT, Cloud, Big Data & Analytics, AI, Mobility, Cybersecurity), Function (Production, Workforce, Operational, Customer), Deployment (On-Premises, On-Cloud), End User, Organization Size (Large, SMEs), and Country: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire Europe digital transformation market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2020-2022 and provides forecast from 2023 till 2032 with 2022 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)

In-depth qualitative analyses include identification and investigation of the following aspects:

• Market Structure

• Growth Drivers

• Restraints and Challenges

• Emerging Product Trends & Market Opportunities

• Porter’s Fiver Forces

The trend and outlook of Europe market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify Europe digital transformation market in every aspect of the classification from perspectives of Offering, Technology, Function, Deployment, End User, Organization Size, and Country.

Based on Offering, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.

• Hardware

• Software

• Services

Based on Technology, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.

• Internet of Things (IoT)

• Cloud Computing

• Big Data & Analytics

• Artificial Intelligence (AI)

• Mobility or Social Media

• Cybersecurity

• Other Technologies

By Function, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.

• Production Transformation

• Workforce Transformation

• Operational Transformation

• Customer Transformation

By Deployment, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.

• On-Premises

• On-Cloud

By End User, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.

• BFSI

• Healthcare

• IT & Telecom

• Manufacturing

• Retail & Consumer Goods

• Government & Defense

• Oil & Gas

• Automotive, Transportation & Logistics

• Media & Entertainment

• Education

• Other End Users

By Organization Size, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.

• Large Enterprises

• SMEs

Geographically, the following national/local markets are fully investigated:

• Germany

• UK

• France

• Spain

• Italy

• Netherlands

• Rest of Europe (further segmented into Russia, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)

For each key country, detailed analysis and annual revenue ($ mn) are available for 2022-2032. The breakdown of national markets by Technology, Function, and End User over the forecast years are also included.

The report also covers the current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.

Selected Key Players:

Accenture Plc

Adobe, Inc.

Alibaba Group (Alibaba Cloud)

Alphabet Inc. (Google Cloud Platform)

Amazon.Com, Inc. (Amazon Web Services, Inc.)

Cognizant Technology Solutions Corporation

Hewlett Packard Enterprise Development LP

IBM Corporation

Intel Corporation

Microsoft Corporation

NVIDIA Corporation

Oracle Corporation

Salesforce.Com, Inc.

SAP SE

Siemens AG

TIBCO Software Inc.

(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)

1 Introduction 7

1.1 Industry Definition and Research Scope 7

1.1.1 Industry Definition 7

1.1.2 Research Scope 8

1.2 Research Methodology 11

1.2.1 Overview of Market Research Methodology 11

1.2.2 Market Assumption 12

1.2.3 Secondary Data 12

1.2.4 Primary Data 12

1.2.5 Data Filtration and Model Design 13

1.2.6 Market Size/Share Estimation 14

1.2.7 Research Limitations 15

1.3 Executive Summary 16

2 Market Overview and Dynamics 19

2.1 Market Size and Forecast 19

2.1.1 Impact of COVID-19 on World Economy 20

2.1.2 Impact of COVID-19 on the Market 23

2.1.3 Impact of Russia-Ukraine Conflict: War Slows Economic Recovery 25

2.2 Major Growth Drivers 29

2.3 Market Restraints and Challenges 34

2.4 Emerging Opportunities and Market Trends 37

2.5 Porter’s Fiver Forces Analysis 41

3 Segmentation of Europe Market by Offering 45

3.1 Market Overview by Offering 45

3.2 Hardware 47

3.3 Software 48

3.4 Services 49

4 Segmentation of Europe Market by Technology 50

4.1 Market Overview by Technology 50

4.2 Internet of Things (IoT) 52

4.3 Cloud Computing 53

4.4 Big Data & Analytics 54

4.5 Artificial Intelligence (AI) 55

4.6 Mobility or Social Media 56

4.7 Cybersecurity 57

4.8 Other Technologies 58

5 Segmentation of Europe Market by Function 59

5.1 Market Overview by Function 59

5.2 Production Transformation 61

5.3 Workforce Transformation 62

5.4 Operational Transformation 63

5.5 Customer Transformation 64

6 Segmentation of Europe Market by Deployment 65

6.1 Market Overview by Deployment 65

6.2 On-Premises 67

6.3 On-Cloud 68

7 Segmentation of Europe Market by End User 69

7.1 Market Overview by End User 69

7.2 BFSI 71

7.3 Healthcare 72

7.4 IT & Telecom 73

7.5 Manufacturing 74

7.6 Retail & Consumer Goods 75

7.7 Government & Defense 76

7.8 Oil & Gas 77

7.9 Automotive, Transportation & Logistics 78

7.10 Media & Entertainment 79

7.11 Education 80

7.12 Other End Users 81

8 Segmentation of Europe Market by Organization Size 82

8.1 Market Overview by Organization Size 82

8.2 Large Enterprises 84

8.3 SMEs 85

9 European Market 2022-2032 by Country 86

9.1 Overview of European Market 86

9.2 Germany 89

9.3 U.K. 92

9.4 France 95

9.5 Spain 98

9.6 Italy 101

9.7 Netherlands 104

9.8 Rest of European Market 107

10 Competitive Landscape 109

10.1 Overview of Key Vendors 109

10.2 New Product Launch, Partnership, Investment, and M&A 112

10.3 Company Profiles 113

Accenture Plc 113

Adobe, Inc. 115

Alibaba Group (Alibaba Cloud) 116

Alphabet Inc. (Google Cloud Platform) 117

Amazon.Com, Inc. (Amazon Web Services, Inc.) 118

Cognizant Technology Solutions Corporation 119

Hewlett Packard Enterprise Development LP 120

IBM Corporation 121

Intel Corporation 122

Microsoft Corporation 123

NVIDIA Corporation 124

Oracle Corporation 125

Salesforce.Com, Inc. 126

SAP SE 127

Siemens AG 128

TIBCO Software Inc. 129

RELATED REPORTS 130

List of Tables:

Table 1. Snapshot of Europe Digital Transformation Market in Balanced Perspective, 2022-2032 17

Table 2. World Economic Outlook, 2021-2031 21

Table 3. World Economic Outlook, 2021-2023 22

Table 4. Scenarios for Economic Impact of Ukraine Crisis 26

Table 5. World Smartphone Connections, Average Network Connection Speed for Smartphones and Tablets, 2020-2030 32

Table 6. World Mobile Data Traffic by Deployment Mode, 2020-2030, EB/year 33

Table 7. World Mobile Data Traffic by Device, 2020-2030, EB/year 33

Table 8. Main Product Trends and Market Opportunities in Europe Digital Transformation Market 37

Table 9. Europe Digital Transformation Market by Offering, 2022-2032, $ mn 45

Table 10. Europe Digital Transformation Market by Technology, 2022-2032, $ mn 50

Table 11. Europe Digital Transformation Market by Function, 2022-2032, $ mn 59

Table 12. Europe Digital Transformation Market by Deployment, 2022-2032, $ mn 65

Table 13. Europe Digital Transformation Market by End User, 2022-2032, $ mn 69

Table 14. Europe Digital Transformation Market by Organization Size, 2022-2032, $ mn 82

Table 15. Europe Digital Transformation Market by Country, 2022-2032, $ mn 88

Table 16. Germany Digital Transformation Market by Technology, 2022-2032, $ mn 90

Table 17. Germany Digital Transformation Market by Function, 2022-2032, $ mn 90

Table 18. Germany Digital Transformation Market by End User, 2022-2032, $ mn 91

Table 19. U.K. Digital Transformation Market by Technology, 2022-2032, $ mn 93

Table 20. U.K. Digital Transformation Market by Function, 2022-2032, $ mn 93

Table 21. U.K. Digital Transformation Market by End User, 2022-2032, $ mn 94

Table 22. France Digital Transformation Market by Technology, 2022-2032, $ mn 96

Table 23. France Digital Transformation Market by Function, 2022-2032, $ mn 96

Table 24. France Digital Transformation Market by End User, 2022-2032, $ mn 97

Table 25. Spain Digital Transformation Market by Technology, 2022-2032, $ mn 99

Table 26. Spain Digital Transformation Market by Function, 2022-2032, $ mn 99

Table 27. Spain Digital Transformation Market by End User, 2022-2032, $ mn 100

Table 28. Italy Digital Transformation Market by Technology, 2022-2032, $ mn 102

Table 29. Italy Digital Transformation Market by Function, 2022-2032, $ mn 102

Table 30. Italy Digital Transformation Market by End User, 2022-2032, $ mn 103

Table 31. Netherlands Digital Transformation Market by Technology, 2022-2032, $ mn 105

Table 32. Netherlands Digital Transformation Market by Function, 2022-2032, $ mn 105

Table 33. Netherlands Digital Transformation Market by End User, 2022-2032, $ mn 106

Table 34. Digital Transformation Market in Rest of Europe by Country, 2022-2032, $ mn 108

Table 35. Accenture Plc: Company Snapshot 113

Table 36. Accenture Plc: Business Segmentation 114

Table 37. Accenture Plc: Product Portfolio 114


List of Figures:

Figure 1. Research Method Flow Chart 11

Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation 14

Figure 3. Europe Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2022-2032 16

Figure 4. Europe Digital Transformation Market, 2022-2032, $ mn 19

Figure 5. Impact of COVID-19 on Business 23

Figure 6. Primary Drivers and Impact Factors of Europe Digital Transformation Market 29

Figure 7. World 5G Traffic, 2019-2030, EB/year 32

Figure 8. Primary Restraints and Impact Factors of Europe Digital Transformation Market 34

Figure 9. Investment Opportunity Analysis 38

Figure 10. Porter’s Fiver Forces Analysis of Europe Digital Transformation Market 41

Figure 11. Breakdown of Europe Digital Transformation Market by Offering, 2022-2032, % of Revenue 46

Figure 12. Europe Addressable Market Cap in 2023-2032 by Offering, Value ($ mn) and Share (%) 46

Figure 13. Europe Digital Transformation Market by Offering: Hardware, 2022-2032, $ mn 47

Figure 14. Europe Digital Transformation Market by Offering: Software, 2022-2032, $ mn 48

Figure 15. Europe Digital Transformation Market by Offering: Services, 2022-2032, $ mn 49

Figure 16. Breakdown of Europe Digital Transformation Market by Technology, 2022-2032, % of Sales Revenue 51

Figure 17. Europe Addressable Market Cap in 2023-2032 by Technology, Value ($ mn) and Share (%) 51

Figure 18. Europe Digital Transformation Market by Technology: Internet of Things (IoT), 2022-2032, $ mn 52

Figure 19. Europe Digital Transformation Market by Technology: Cloud Computing, 2022-2032, $ mn 53

Figure 20. Europe Digital Transformation Market by Technology: Big Data & Analytics, 2022-2032, $ mn 54

Figure 21. Europe Digital Transformation Market by Technology: Artificial Intelligence (AI), 2022-2032, $ mn 55

Figure 22. Europe Digital Transformation Market by Technology: Mobility or Social Media, 2022-2032, $ mn 56

Figure 23. Europe Digital Transformation Market by Technology: Cybersecurity, 2022-2032, $ mn 57

Figure 24. Europe Digital Transformation Market by Technology: Other Technologies, 2022-2032, $ mn 58

Figure 25. Breakdown of Europe Digital Transformation Market by Function, 2022-2032, % of Sales Revenue 60

Figure 26. Europe Addressable Market Cap in 2023-2032 by Function, Value ($ mn) and Share (%) 60

Figure 27. Europe Digital Transformation Market by Function: Production Transformation, 2022-2032, $ mn 61

Figure 28. Europe Digital Transformation Market by Function: Workforce Transformation, 2022-2032, $ mn 62

Figure 29. Europe Digital Transformation Market by Function: Operational Transformation, 2022-2032, $ mn 63

Figure 30. Europe Digital Transformation Market by Function: Customer Transformation, 2022-2032, $ mn 64

Figure 31. Breakdown of Europe Digital Transformation Market by Deployment, 2022-2032, % of Revenue 66

Figure 32. Europe Addressable Market Cap in 2023-2032 by Deployment, Value ($ mn) and Share (%) 66

Figure 33. Europe Digital Transformation Market by Deployment: On-Premises, 2022-2032, $ mn 67

Figure 34. Europe Digital Transformation Market by Deployment: On-Cloud, 2022-2032, $ mn 68

Figure 35. Breakdown of Europe Digital Transformation Market by End User, 2022-2032, % of Revenue 70

Figure 36. Europe Addressable Market Cap in 2023-2032 by End User, Value ($ mn) and Share (%) 70

Figure 37. Europe Digital Transformation Market by End User: BFSI, 2022-2032, $ mn 71

Figure 38. Europe Digital Transformation Market by End User: Healthcare, 2022-2032, $ mn 72

Figure 39. Europe Digital Transformation Market by End User: IT & Telecom, 2022-2032, $ mn 73

Figure 40. Europe Digital Transformation Market by End User: Manufacturing, 2022-2032, $ mn 74

Figure 41. Europe Digital Transformation Market by End User: Retail & Consumer Goods, 2022-2032, $ mn 75

Figure 42. Europe Digital Transformation Market by End User: Government & Defense, 2022-2032, $ mn 76

Figure 43. Europe Digital Transformation Market by End User: Oil & Gas, 2022-2032, $ mn 77

Figure 44. Europe Digital Transformation Market by End User: Automotive, Transportation & Logistics, 2022-2032, $ mn 78

Figure 45. Europe Digital Transformation Market by End User: Media & Entertainment, 2022-2032, $ mn 79

Figure 46. Europe Digital Transformation Market by End User: Education, 2022-2032, $ mn 80

Figure 47. Europe Digital Transformation Market by End User: Other End Users, 2022-2032, $ mn 81

Figure 48. Breakdown of Europe Digital Transformation Market by Organization Size, 2022-2032, % of Revenue 82

Figure 49. Europe Addressable Market Cap in 2023-2032 by Organization Size, Value ($ mn) and Share (%) 83

Figure 50. Europe Digital Transformation Market by Organization Size: Large Enterprises, 2022-2032, $ mn 84

Figure 51. Europe Digital Transformation Market by Organization Size: SMEs, 2022-2032, $ mn 85

Figure 52. Breakdown of European Digital Transformation Market by Country, 2022 and 2032, % of Revenue 87

Figure 53. Contribution to Europe 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%) 88

Figure 54. Digital Transformation Market in Germany, 2022-2032, $ mn 89

Figure 55. Digital Transformation Market in U.K., 2022-2032, $ mn 92

Figure 56. Digital Transformation Market in France, 2022-2032, $ mn 95

Figure 57. Digital Transformation Market in Spain, 2022-2032, $ mn 98

Figure 58. Digital Transformation Market in Italy, 2022-2032, $ mn 101

Figure 59. Digital Transformation Market in Netherlands, 2022-2032, $ mn 104

Figure 60. Digital Transformation Market in Rest of Europe, 2022-2032, $ mn 107

Figure 61. Growth Stage of Europe Digital Transformation Industry over the Forecast Period 109

Methodology/Research Approach

This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.

Research Programs/Design

Historical Data (2015-2019)	Industry Trends Competitive Landscape By Company Expansion Mergers and Acquisitions Market Segment by Type by Application By Regions/ Geography	Value Status and Outlook Value for Major Players Market Share Growth Rate Present Situation Analysis Value Market Share Growth Rate Present Situation Analysis
Influencing Factors	Market Environment Government Policy Technological Changes Market Risks	Market Drivers Growing Demand of Downstream Reduction in Cost
Market Forecast (2021-2026)	Overall Size by Type by Application By Regions/Geography	Key Data (Value) Market Share Growth Rate CAGR (2021-2026)

Market Size Estimation

Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).

The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.

Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.

All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report

The following figure shows an illustrative representation of the overall market size estimation process used for this study.

Market Breakdown and Data Triangulation

After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.

Data Source

Secondary Sources

Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.

Market Size	Segmental value Geographic Penetration Product Adoption Rate for Different market	Journals, Websites, and Press Releases Annual Reports and SEC Filings Company Websites and Press Releases Public and Paid Databases Market Intellix Data Repository
Market Position of Top Company	Product Financials Geographic value Mix Total Company value Business/Segmental value Mix
Qualitative Analysis	Influence Factors Market Potential Market Risks and Opportunities Industry Trends Geographical Features Government Policies	Company Websites and Press Releases Public and Paid Databases Annual Reports Industry Associations Market Intellix Data Repository

Primary Sources

In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.

The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.

Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.

Key Executives Interviewed

Key Data Information from Primary Sources

Primary Sources	Parameters	Key Data
Market Segments(by Application, by Type)	Value by Type Status and Forecast Value by Application Value by Regions, Status and Forecast (2021-2026)	Value Market Share by Type Value Growth Rate by Type Value by Application Percentage and Growth Rate by Application Value Growth Rate and Market Share by Regions Market Size Status and Forecast (2021-2026)
Total Market	Overall Size, Status and Forecast	Market Size Status and Forecast (2021-2026)