Market Forecast by Countries (United States, Canada), By Technology (Cloud Computing, Big Data & Analytics, Mobility & Social Media Management, Cybersecurity, AI), By Business Function (Finance, Information Technology, Human Resources, Marketing & Sales), By Component (Solutions, Services), By Deployment Mode (Cloud, On-premises), By Organization Size (Large Enterprises, SMEs), By Vertical (BFSI, Retail & eCommerce, IT/ITES, Healthcare, Life Sciences & Pharmaceuticals, Government & Defense, Media & Entertainment, Manufacturing) And Competitive Landscape
Product Code: ETC4620969 | Publication Date: Jul 2023 | Updated Date: Dec 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 300 | |
Report Name | North America Digital Transformation Market |
Forecast period | 2025-2031 |
CAGR | 21.98% |
Growing Sector | Financial Sevices Sector |
The North America Digital Transformation Market Report thoroughly covers the market by Countries, Solution, Service, Deployment, Enterprise Size and End-Use. The North America Digital Transformation Market Outlook report provides an unbiased and detailed analysis of the ongoing North America Digital Transformation market trends, opportunities/high growth areas, and market drivers. This would help stakeholders devise and align their market strategies according to the current and future market dynamics.
The North America Digital Transformation market is expected to witness significant growth. This growth is propelled by the integration of digital technologies such as Analytics, Cloud Computing, Mobility, Social Media, etc. The increasing demand for digital solutions in various industries is also driving the market growth.
According to 6Wresearch, The North America Digital Transformation Market size is projected to grow at a CARG of 21.98% during 2025-2031. The growing need for technological advancement, increase in cyber threats, the spike in demand for cloud-based services, and the need to understand business performance and customer behavior are major factors that are driving the market growth.The focus on enhancing customer experiences, delivering personalized services, and engaging with customers across digital channels is a significant driver of digital transformation.
Despite the growing need for Digital Transformation in North America, the market faces several challenges such as legacy systems pose a significant challenge when integrating new digital technologies, as outdated infrastructure may not easily integrate with modern solutions. Ensuring seamless connectivity and data interoperability between legacy systems and new digital platforms is crucial for a successful digital transformation.
The North America Digital Transformation Market is experiencing significant growth, with key players like Microsoft Corporation, IBM Corporation, Oracle Corporation, SAP SE, and others. These industry leaders are recognized for their technologically advanced and robust digital transformation solutions. They focus on innovative designs and customer-centric strategies to strengthen their market positions.
Governments support smart city initiatives that leverage digital technologies to enhance urban infrastructure, transportation systems, energy efficiency, public services, and citizen engagement. Policies promoting smart city projects drive innovation, sustainability, and quality of life improvements through data-driven decision-making and IoT connectivity in urban environments.Government funding, grants, and incentives support innovation, research, and technology development in key digital transformation areas such as AI, IoT, blockchain, and cloud computing. Policies promoting R&D tax credits, startup incubators, industry-academia partnerships, and innovation clusters stimulate technology innovation, entrepreneurship, and economic growth in the digital sector.
The digital transformation market in North America is expected to witness substantial growth, with forecasts indicating a significant increase in market size and adoption rates. Projections suggest that the market share of digital transformation is set to grow from US$ 930.73 billion in 2023 to over US$ 10,401.77 billion by 2033, reflecting robust expansion and investment in digital technologies.As the market expands, there will be a continued focus on technological innovation and adoption of emerging technologies such as AI, IoT, cloud computing, and data analytics. Companies in North America will leverage these technologies to drive digital transformation initiatives, enhance operational efficiency, and deliver personalized experiences to customers.
According to Dhaval, Research Manager, 6Wresearch, the "United States" segment is witnessing rapid growth due to the increasing adoption of advanced technologies and the presence of major market players.
The North America Digital Printing Market is experiencing growth in cloud computing due to its scalability, accessibility, and cost-efficiency in digital printing operations. The ability to store, access, and process large volumes of print data on the cloud enhances workflow efficiency, collaboration, and remote access, driving the adoption of cloud solutions in the digital printing market.
The North America Digital Printing Market is witnessing growth in finance driven by the increasing adoption of digital printing technologies, finance teams focus on optimizing financial performance, analyzing investment decisions, and ensuring profitability through efficient resource utilization and revenue generation.
The demand for digital printing solutions is on the rise due to the increasing need for efficient, versatile, and technologically advanced printing capabilities.
Cloud deployment is experiencing growth in the digital printing market due to its scalability, flexibility, and accessibility benefits. The scalability of cloud solutions allows companies to adjust their printing capacity based on demand fluctuations, reducing upfront costs and enhancing operational efficiency.
The Small and Medium-Sized Enterprises (SMEs) are growing in this segment as they are able to gain access to scalable solutions tailored to their specific needs.
The BFSI sector is driving growth in this sector as they are using digital transformation for risk management and fraud detection. Also, the Healthcare sector is leveraging digital transformation for patient outcomes prediction and personalized medicine.
The report provides a detailed analysis of the following market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 North America Digital Transformation Market Overview |
3.1 North America Regional Macro Economic Indicators |
3.2 North America Digital Transformation Market Revenues & Volume, 2021 & 2031F |
3.3 North America Digital Transformation Market - Industry Life Cycle |
3.4 North America Digital Transformation Market - Porter's Five Forces |
3.5 North America Digital Transformation Market Revenues & Volume Share, By Countries, 2021 & 2031F |
3.6 North America Digital Transformation Market Revenues & Volume Share, By Technology , 2021 & 2031F |
3.7 North America Digital Transformation Market Revenues & Volume Share, By Business Function, 2021 & 2031F |
3.8 North America Digital Transformation Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.9 North America Digital Transformation Market Revenues & Volume Share, By Deployment Mode, 2021 & 2031F |
3.10 North America Digital Transformation Market Revenues & Volume Share, By Organization Size, 2021 & 2031F |
3.11 North America Digital Transformation Market Revenues & Volume Share, By Vertical, 2021 & 2031F |
4 North America Digital Transformation Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 North America Digital Transformation Market Trends |
6 North America Digital Transformation Market, 2021 - 2031 |
6.1 North America Digital Transformation Market, Revenues & Volume, By Technology , 2021 - 2031 |
6.2 North America Digital Transformation Market, Revenues & Volume, By Business Function, 2021 - 2031 |
6.3 North America Digital Transformation Market, Revenues & Volume, By Component, 2021 - 2031 |
6.4 North America Digital Transformation Market, Revenues & Volume, By Deployment Mode, 2021 - 2031 |
6.5 North America Digital Transformation Market, Revenues & Volume, By Organization Size, 2021 - 2031 |
6.6 North America Digital Transformation Market, Revenues & Volume, By Vertical, 2021 - 2031 |
7 United States Digital Transformation Market, 2021 - 2031 |
7.1 United States Digital Transformation Market, Revenues & Volume, By Technology , 2021 - 2031 |
7.2 United States Digital Transformation Market, Revenues & Volume, By Business Function, 2021 - 2031 |
7.3 United States Digital Transformation Market, Revenues & Volume, By Component, 2021 - 2031 |
7.4 United States Digital Transformation Market, Revenues & Volume, By Deployment Mode, 2021 - 2031 |
7.5 United States Digital Transformation Market, Revenues & Volume, By Organization Size, 2021 - 2031 |
7.6 United States Digital Transformation Market, Revenues & Volume, By Vertical, 2021 - 2031 |
8 Canada Digital Transformation Market, 2021 - 2031 |
8.1 Canada Digital Transformation Market, Revenues & Volume, By Technology , 2021 - 2031 |
8.2 Canada Digital Transformation Market, Revenues & Volume, By Business Function, 2021 - 2031 |
8.3 Canada Digital Transformation Market, Revenues & Volume, By Component, 2021 - 2031 |
8.4 Canada Digital Transformation Market, Revenues & Volume, By Deployment Mode, 2021 - 2031 |
8.5 Canada Digital Transformation Market, Revenues & Volume, By Organization Size, 2021 - 2031 |
8.6 Canada Digital Transformation Market, Revenues & Volume, By Vertical, 2021 - 2031 |
9 North America Digital Transformation Market Key Performance Indicators |
10 North America Digital Transformation Market - Opportunity Assessment |
10.1 North America Digital Transformation Market Opportunity Assessment, By Countries, 2021 & 2031F |
10.2 North America Digital Transformation Market Opportunity Assessment, By Technology , 2021 & 2031F |
10.3 North America Digital Transformation Market Opportunity Assessment, By Business Function, 2021 & 2031F |
10.4 North America Digital Transformation Market Opportunity Assessment, By Component, 2021 & 2031F |
10.5 North America Digital Transformation Market Opportunity Assessment, By Deployment Mode, 2021 & 2031F |
10.6 North America Digital Transformation Market Opportunity Assessment, By Organization Size, 2021 & 2031F |
10.7 North America Digital Transformation Market Opportunity Assessment, By Vertical, 2021 & 2031F |
11 North America Digital Transformation Market - Competitive Landscape |
11.1 North America Digital Transformation Market Revenue Share, By Companies, 2024 |
11.2 North America Digital Transformation Market Competitive Benchmarking, By Operating and Technical Parameters |
12 Company Profiles |
13 Recommendations |
14 Disclaimer |