Market Forecast By Technology (Cloud Computing, Big Data & Analytics, Mobility & Social Media Management, Cybersecurity, AI), By Component (Solutions, Services), By Deployment Mode (Cloud, On-premises, hybrid), By Application (BFSI, Retail & eCommerce, IT/ITES, Healthcare, Life Sciences & Pharmaceuticals, Government & Defense, Media & Entertainment, Manufacturing) And Competitive Landscape
Product Code: ETC5471446 | Publication Date: Nov 2023 | Updated Date: Jan 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 77 | No. of Figures: 20 | No. of Tables: 6 | |
Taiwan Digital Transformation Market Report thoroughly covers the market By Technology, By Components, By Deployment Mode and By Application. Taiwan Digital Transformation Market Outlook report provides an unbiased and detailed analysis of the ongoing Taiwan 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 Taiwan Digital Transformation Market is poised for significant growth, driven by rising investments in AI and ICT infrastructure, supported by government initiatives like the NT$320 billion (USD 10 billion) National Development Plan to boost AI output to USD 1 trillion by 2026. The rapid adoption of digital tools, fueled by increasing internet penetration (81.6% mobile broadband usage) and a thriving SME ecosystem comprising 98.9% of businesses, is transforming industries such as e-commerce, manufacturing, and ICT. These advancements, coupled with government incentives for digital and green transitions, position Taiwan as a leading hub for innovation and drive demand for digital solutions across sectors.
According to 6Wresearch, the Taiwan Digital Transformation Market is projected to grow at a CAGR of 12.6% during 2024–2030. In 2024, Taiwan's government announced a NT$320 billion (USD 10 billion) National Development Plan focused on AI and ICT infrastructure, aiming to achieve USD 1 trillion in AI output by 2026. These investments, along with increasing internet penetration (84.7%) and mobile broadband usage (81.6%), are accelerating digital adoption across industries, particularly among SMEs, which account for 98.9% of businesses in Taiwan. Additionally, the surge in e-commerce and advancements in the manufacturing and ICT sectors are expected to drive sustained demand for digital solutions, solidifying Taiwan’s position as a global hub for digital innovation.
By 2030, Cloud Computing is expected to hold the highest revenue share in Taiwan's Digital Transformation Market, driven by its role in advancing AI infrastructure, supporting e-commerce growth, and enhancing digital operations. Government initiatives like the National Development Plan, which boosts data center capacity and computing power, further solidify its importance.
By 2030, Solutions are projected to hold the highest revenue share in Taiwan's Digital Transformation Market by component, driven by their application in streamlining business processes and enhancing operational efficiency across industries. Government programs supporting digital adoption in SMEs, such as funding for digital marketing tools and enterprise resource planning (ERP) systems, are accelerating demand for tailored solutions. For instance, logistics providers in Taiwan are increasingly using digital solutions to optimize supply chain management and warehouse operations, making solutions a vital component in driving market growth and competitiveness.
By 2030, Cloud is projected to dominate the revenue share in Taiwan's Digital Transformation Market by deployment mode, supported by increasing investments in data center infrastructure and government-led digital initiatives. Programs like Taiwan’s National Development Plan, which aim to expand computing capacity and enhance connectivity, are driving demand for cloud-based solutions. For example, industries such as e-commerce and logistics are adopting cloud platforms to improve data storage, streamline operations, and enhance scalability, making cloud deployment a cornerstone of the market's growth.
By 2030, the BFSI (Banking, Financial Services, and Insurance) sector is projected to hold the highest revenue share in Taiwan's Digital Transformation Market, driven by the sector's rapid adoption of digital tools to enhance customer experiences and operational efficiency. Government-backed initiatives supporting financial digitalization and cybersecurity advancements are key enablers. For instance, leading financial institutions in Taiwan are deploying advanced digital solutions for online banking, fraud detection, and regulatory compliance, aligning with the market's push for innovation and trust in financial services.
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 Methodology |
2.5 Assumptions |
3. Taiwan Digital Transformation Market Overview |
3.1 Taiwan Digital Transformation Market Revenues, 2020 – 2030F |
3.2 Taiwan Digital Transformation Market Industry Life Cycle |
3.3 Taiwan Digital Transformation Market Porter’s Five Forces |
4. Taiwan Digital Transformation Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5. Taiwan Digital Transformation Market Evolution & Trends |
6. Taiwan Digital Transformation Market Overview, By Technology |
6.1 Taiwan Digital Transformation Market Revenue Share and Revenues, By Technology, 2020-2030F |
6.1.1 Taiwan Digital Transformation Market Revenues, By Cloud Computing, 2020-2030F |
6.1.2 Taiwan Digital Transformation Market Revenues, By Big Data & Analytics, 2020-2030F |
6.1.3 Taiwan Digital Transformation Market Revenues, By Mobility & Social Media Management, 2020-2030F |
6.1.4 Taiwan Digital Transformation Market Revenues, By Cybersecurity, 2020-2030F |
6.1.5 Taiwan Digital Transformation Market Revenues, By AI, 2020-2030F |
6.1.6 Taiwan Digital Transformation Market Revenues, By Others, 2020-2030F |
7. Taiwan Digital Transformation Market Overview, By Components |
7.1 Taiwan Digital Transformation Market Revenue Share and Revenues, By Components, 2020-2030F |
7.1.1 Taiwan Digital Transformation Market Revenues, By Solution, 2020-2030F |
7.1.2 Taiwan Digital Transformation Market Revenues, By Services, 2020-2030F |
8. Taiwan Digital Transformation Market Overview, By Deployment Mode |
8.1 Taiwan Digital Transformation Market Revenue Share and Revenues, By Deployment Mode, 2020-2030F |
8.1.1 Taiwan Digital Transformation Market Revenues, By Cloud, 2020-2030F |
8.1.2 Taiwan Digital Transformation Market Revenues, By On-Premises, 2020-2030F |
8.1.3 Taiwan Digital Transformation Market Revenues, By Hybrid, 2020-2030F |
9. Taiwan Digital Transformation Market Overview, By Applications |
9.1 Taiwan Digital Transformation Market Revenue Share & Revenues, By Applications, 2020-2030F |
9.1.1 Taiwan Digital Transformation Market Revenues, By BFSI, 2020-2030F |
9.1.2 Taiwan Digital Transformation Market Revenues, By Retail & E-commerce, 2020-2030F |
9.1.3 Taiwan Digital Transformation Market Revenues, By Healthcare, 2020-2030F |
9.1.4 Taiwan Digital Transformation Market Revenues, By Manufacturing, 2020-2030F |
9.1.5 Taiwan Digital Transformation Market Revenues, By IT & Telecom, 2020-2030F |
9.1.6 Taiwan Digital Transformation Market Revenues, By Others, 2020-2030F |
10. Taiwan Digital Transformation Market Key Performance Indicators |
11. Taiwan Digital Transformation Market Opportunity Assessment |
11.1 Taiwan Digital Transformation Market Opportunity Assessment, By Technology, 2030F |
11.2 Taiwan Digital Transformation Market Opportunity Assessment, By Components, 2030F |
11.3 Taiwan Digital Transformation Market Opportunity Assessment, By Deployment Mode, 2030F |
11.4 Taiwan Digital Transformation Market Opportunity Assessment, By Applications, 2030F |
12. Taiwan Digital Transformation Market Competitive Landscape |
12.1 Taiwan Digital Transformation Market Share, By Companies, 2023 |
12.2 Taiwan Digital Transformation Market Competitive Benchmarking, By Technical Parameters |
12.3 Taiwan Digital Transformation Market Competitive Benchmarking, By Operating Parameters |
13. Company Profiles |
13.1 KPMG |
13.2 HCL Technologies Ltd. |
13.3 Wipro Enterprises (P) Limited |
13.4 YCP Holding Ltd. |
13.5 TPI Software |
13.6 Taiwan Web Services Corporation |
13.7 IBM |
13.8 Infosys Limited |
13.9 Cisco Systems Co. Ltd. |
13.1 Accenture |
13.11 Microsoft Azure |
13.12 Oracle Corporation |
13.13 Amazon Web Services Inc. |
13.14 Google Clouds |
14. Key Strategic Recommendations |
15. Disclaimer |
List of Figures |
1. Taiwan Digital Transformation Market Revenues, 2020-2030F ($ Billion) |
2. Taiwan Distribution of AI Sector Budget, 2024, (In USD Million) |
3. Overview of Internet Usage in Taiwan 2024 |
4. Taiwan Online Population 2021-2028F in Millions |
5. Taiwan Sectors with Most Cyber Attacks Per Week, May 2024 – October 2024, (In Numbers) |
6. Taiwan Number of Cyber Attacks per Week, 2020-24, (In Numbers) |
7. Taiwan Digital Transformation Market Revenue Share, By Technology, 2023 & 2030F |
8. Taiwan Digital Transformation Market Revenue Share, By Components, 2023 & 2030F |
9. Taiwan Digital Transformation Market Revenue Share, By Deployment Mode, 2023 & 2030F |
10. Taiwan Digital Transformation Market Revenue Share, By Applications, 2023 & 2030F |
11. Taiwan ICT Industry GDP, 2019-2023 (USD Billion) |
12. Number of Taiwan’s Semiconductor Industries 2018-2023 |
13. Taiwan’s Manufacturing Sector Purchasing Mangers’ Index by Industries, in July 2024 (%) |
14. Taiwan’s Manufacturing Sector Purchasing Mangers’ Index, July-August 2024 (%) |
15. Taiwan Digital Transformation Market Opportunity Assessment, By Technology, 2030F |
16. Taiwan Digital Transformation Market Opportunity Assessment, By Components, 2030F |
17. Taiwan Digital Transformation Market Opportunity Assessment, By Deployment Mode, 2030F |
18. Taiwan Digital Transformation Market Opportunity Assessment, By Applications, 2030F |
19. Taiwan Digital Transformation Market Share, By Company, 2023 |
20. Taiwan SMEs Regional Distribution, 2022 |
List of Tables |
1. Taiwan Logistic Projects by Retailers for E-commerce Expansion |
2. Taiwan Digital Transformation Market Revenues, By Technology, 2023-2030F ($ Billion) |
3. Taiwan Digital Transformation Market Revenues, By Components, 2023-2030F ($ Billion) |
4. Taiwan Digital Transformation Market Revenues, By Deployment Mode, 2023-2030F ($ Billion) |
5. Taiwan Digital Transformation Market Revenues, By Applications, 2023-2030F ($ Billion) |
6. Taiwan Upcoming Investments in ICT Sector |