Title: IT Transformation Market - Forecast(2022 - 2027)
1IT Transformation MarketMarket size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2022-2027
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- IT Transformation market is expected to reach
1.1 trillion by 2026 at a CAGR of 22.5 during
the forecast period 2021-2026. The growing demand
for the adoption of IoT across the organizations
and industries is promoting the initiation of
connected data solutions. - In addition IT transformation helps the
organizations and industries in reducing the risk
and handling of market fluctuation. Moreover, in
shifting from conventional to new digitalized
business facilitates the use of advanced products
and services will drive the market for IT
transformation in forecast period 2021-2026.
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- Key Takeaways
- North America dominated the market by a market
share of more than 35.9 in 2020, owing to the
presence of developed economies such as U.S and
Canada. - Blockchain enables a significant IT
transformation of a supply chain in the
manufacturing industry. The decentralized nature
of the block chain creates maximum transparency
in every transaction in the supply chain and
enables IT transformation. - Cloud deployment is growing at a highest CAGR of
26.9 in the forecast period. As it offers
operational flexibility and real-time deployment
ease to companies than on-premises deployment
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IT Transformation Market Segment Analysis - By
Deployment Cloud deployment is growing at a
highest CAGR of 26.9 in the forecast period
2021-2026 owing to its operational flexibility
and real-time deployment ease to companies than
on-premises deployment. It also offers numerous
benefits, including reduced operational costs,
simple deployment process, and higher scalability
in terms of connected resources. Additionally,
the cost-effective cloud-based solutions ease
installation when compared to the on-premises
solutions. The high level of data security and
reliability offered by the cloud deployment is
increasing the share of cloud deployment in the
forecast period.
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- IT Transformation Market Industry Outlook
- SAP SE
- IBM Corporation
- Oracle Corporation
- Google Inc.
- Dell EMC
- Hewlett Packard Enterprise Co.
- CA Technologies
- Microsoft Corporation
- Adobe Systems Incorporated
- Accenture PLC
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IT Transformation Market- Forecast 2022 -
2027 Learn More About the Report _at_
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formation-market-research-report-analysis.html
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- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
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