North America 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
North America 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
North America digital transformation market is projected to grow by 19.4% annually in the forecast period and reach $1.26 trillion by 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 27 tables and 57 figures, this 120-page report “North America 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 North America 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 North America 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 North America 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 North America 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 North America 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 North America 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 North America 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 North America 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 North America 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:
• U.S.
• Canada
• Mexico
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 North America 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 North America 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 North America 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 North America Market by Deployment 65
6.1 Market Overview by Deployment 65
6.2 On-Premises 67
6.3 On-Cloud 68
7 Segmentation of North America 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 North America Market by Organization Size 82
8.1 Market Overview by Organization Size 82
8.2 Large Enterprises 84
8.3 SMEs 85
9 North America Market 2022-2032 by Country 86
9.1 Overview of North America Market 86
9.2 U.S. 89
9.3 Canada 93
9.4 Mexico 96
10 Competitive Landscape 99
10.1 Overview of Key Vendors 99
10.2 New Product Launch, Partnership, Investment, and M&A 102
10.3 Company Profiles 103
Accenture Plc 103
Adobe, Inc. 105
Alibaba Group (Alibaba Cloud) 106
Alphabet Inc. (Google Cloud Platform) 107
Amazon.Com, Inc. (Amazon Web Services, Inc.) 108
Cognizant Technology Solutions Corporation 109
Hewlett Packard Enterprise Development LP 110
IBM Corporation 111
Intel Corporation 112
Microsoft Corporation 113
NVIDIA Corporation 114
Oracle Corporation 115
Salesforce.Com, Inc. 116
SAP SE 117
Siemens AG 118
TIBCO Software Inc. 119
RELATED REPORTS 120
List of Tables:
Table 1. Snapshot of North America 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 North America Digital Transformation Market 37
Table 9. North America Digital Transformation Market by Offering, 2022-2032, $ mn 45
Table 10. North America Digital Transformation Market by Technology, 2022-2032, $ mn 50
Table 11. North America Digital Transformation Market by Function, 2022-2032, $ mn 59
Table 12. North America Digital Transformation Market by Deployment, 2022-2032, $ mn 65
Table 13. North America Digital Transformation Market by End User, 2022-2032, $ mn 69
Table 14. North America Digital Transformation Market by Organization Size, 2022-2032, $ mn 82
Table 15. North America Digital Transformation Market by Country, 2022-2032, $ mn 87
Table 16. U.S. Digital Transformation Market by Technology, 2022-2032, $ mn 91
Table 17. U.S. Digital Transformation Market by Function, 2022-2032, $ mn 91
Table 18. U.S. Digital Transformation Market by End User, 2022-2032, $ mn 92
Table 19. Canada Digital Transformation Market by Technology, 2022-2032, $ mn 94
Table 20. Canada Digital Transformation Market by Function, 2022-2032, $ mn 94
Table 21. Canada Digital Transformation Market by End User, 2022-2032, $ mn 95
Table 22. Mexico Digital Transformation Market by Technology, 2022-2032, $ mn 97
Table 23. Mexico Digital Transformation Market by Function, 2022-2032, $ mn 97
Table 24. Mexico Digital Transformation Market by End User, 2022-2032, $ mn 98
Table 25. Accenture Plc: Company Snapshot 103
Table 26. Accenture Plc: Business Segmentation 104
Table 27. Accenture Plc: Product Portfolio 104List of Figures:
Figure 1. Research Method Flow Chart 11
Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation 14
Figure 3. North America Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2022-2032 16
Figure 4. North America Digital Transformation Market, 2022-2032, $ mn 19
Figure 5. Impact of COVID-19 on Business 23
Figure 6. Primary Drivers and Impact Factors of North America Digital Transformation Market 29
Figure 7. World 5G Traffic, 2019-2030, EB/year 32
Figure 8. Primary Restraints and Impact Factors of North America Digital Transformation Market 34
Figure 9. Investment Opportunity Analysis 38
Figure 10. Porter’s Fiver Forces Analysis of North America Digital Transformation Market 41
Figure 11. Breakdown of North America Digital Transformation Market by Offering, 2022-2032, % of Revenue 46
Figure 12. North America Addressable Market Cap in 2023-2032 by Offering, Value ($ mn) and Share (%) 46
Figure 13. North America Digital Transformation Market by Offering: Hardware, 2022-2032, $ mn 47
Figure 14. North America Digital Transformation Market by Offering: Software, 2022-2032, $ mn 48
Figure 15. North America Digital Transformation Market by Offering: Services, 2022-2032, $ mn 49
Figure 16. Breakdown of North America Digital Transformation Market by Technology, 2022-2032, % of Sales Revenue 51
Figure 17. North America Addressable Market Cap in 2023-2032 by Technology, Value ($ mn) and Share (%) 51
Figure 18. North America Digital Transformation Market by Technology: Internet of Things (IoT), 2022-2032, $ mn 52
Figure 19. North America Digital Transformation Market by Technology: Cloud Computing, 2022-2032, $ mn 53
Figure 20. North America Digital Transformation Market by Technology: Big Data & Analytics, 2022-2032, $ mn 54
Figure 21. North America Digital Transformation Market by Technology: Artificial Intelligence (AI), 2022-2032, $ mn 55
Figure 22. North America Digital Transformation Market by Technology: Mobility or Social Media, 2022-2032, $ mn 56
Figure 23. North America Digital Transformation Market by Technology: Cybersecurity, 2022-2032, $ mn 57
Figure 24. North America Digital Transformation Market by Technology: Other Technologies, 2022-2032, $ mn 58
Figure 25. Breakdown of North America Digital Transformation Market by Function, 2022-2032, % of Sales Revenue 60
Figure 26. North America Addressable Market Cap in 2023-2032 by Function, Value ($ mn) and Share (%) 60
Figure 27. North America Digital Transformation Market by Function: Production Transformation, 2022-2032, $ mn 61
Figure 28. North America Digital Transformation Market by Function: Workforce Transformation, 2022-2032, $ mn 62
Figure 29. North America Digital Transformation Market by Function: Operational Transformation, 2022-2032, $ mn 63
Figure 30. North America Digital Transformation Market by Function: Customer Transformation, 2022-2032, $ mn 64
Figure 31. Breakdown of North America Digital Transformation Market by Deployment, 2022-2032, % of Revenue 66
Figure 32. North America Addressable Market Cap in 2023-2032 by Deployment, Value ($ mn) and Share (%) 66
Figure 33. North America Digital Transformation Market by Deployment: On-Premises, 2022-2032, $ mn 67
Figure 34. North America Digital Transformation Market by Deployment: On-Cloud, 2022-2032, $ mn 68
Figure 35. Breakdown of North America Digital Transformation Market by End User, 2022-2032, % of Revenue 70
Figure 36. North America Addressable Market Cap in 2023-2032 by End User, Value ($ mn) and Share (%) 70
Figure 37. North America Digital Transformation Market by End User: BFSI, 2022-2032, $ mn 71
Figure 38. North America Digital Transformation Market by End User: Healthcare, 2022-2032, $ mn 72
Figure 39. North America Digital Transformation Market by End User: IT & Telecom, 2022-2032, $ mn 73
Figure 40. North America Digital Transformation Market by End User: Manufacturing, 2022-2032, $ mn 74
Figure 41. North America Digital Transformation Market by End User: Retail & Consumer Goods, 2022-2032, $ mn 75
Figure 42. North America Digital Transformation Market by End User: Government & Defense, 2022-2032, $ mn 76
Figure 43. North America Digital Transformation Market by End User: Oil & Gas, 2022-2032, $ mn 77
Figure 44. North America Digital Transformation Market by End User: Automotive, Transportation & Logistics, 2022-2032, $ mn 78
Figure 45. North America Digital Transformation Market by End User: Media & Entertainment, 2022-2032, $ mn 79
Figure 46. North America Digital Transformation Market by End User: Education, 2022-2032, $ mn 80
Figure 47. North America Digital Transformation Market by End User: Other End Users, 2022-2032, $ mn 81
Figure 48. Breakdown of North America Digital Transformation Market by Organization Size, 2022-2032, % of Revenue 82
Figure 49. North America Addressable Market Cap in 2023-2032 by Organization Size, Value ($ mn) and Share (%) 83
Figure 50. North America Digital Transformation Market by Organization Size: Large Enterprises, 2022-2032, $ mn 84
Figure 51. North America Digital Transformation Market by Organization Size: SMEs, 2022-2032, $ mn 85
Figure 52. Breakdown of North America Digital Transformation Market by Country, 2022 and 2032, % of Revenue 87
Figure 53. Contribution to North America 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%) 88
Figure 54. U.S. Digital Transformation Market, 2022-2032, $ mn 90
Figure 55. Canada Digital Transformation Market, 2022-2032, $ mn 93
Figure 56. Digital Transformation Market in Mexico, 2022-2032, $ mn 96
Figure 57. Growth Stage of North America Digital Transformation Industry over the Forecast Period 99
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) |
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Market Forecast (2021-2026) |
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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.
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Qualitative Analysis |
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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
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