Asia-Pacific Digital Transformation Market Overview
According to SPER Market Research, the Asia-Pacific Digital Transformation Market is estimated to reach USD XX billion by 2032 with a CAGR of XX%.
An array of rapid technological advancements over the last two decades has facilitated the transformation of customer expectations while providing organisations with digital tools to offer innovative services. Because of the significant benefits that digitalization provides to customers, the rate of digitization is expected to accelerate. Customers can now share their experiences, ideas, and opinions with the masses with a single click thanks to advances in technology. The current customer values strangers' reviews over advertisements and has high expectations for the customer experience. Furthermore, customers nowadays expect brands to respond quickly, to provide self-service options, to provide easy access to solutions and tools, and to provide customised messaging, among other services.
These expectations are expected to evolve over time, encouraging companies to provide advanced services in novel ways and to adopt sophisticated technologies, operational capabilities, and marketing strategies. Significant opportunities to generate revenues, reduce costs, and improve customer experience will emerge in this dynamic landscape. Companies are implementing digital solutions and abandoning traditional ways of working to achieve these goals. Companies can form customer-focused strategies that can withstand new levels of agility, efficiency, speed, and accuracy by reconsidering conventional operating models that prevent them from reaching their full potential and merging digital technologies and operating competences in a combined and synchronised mode. Thus, changing customer experiences are driving enterprises to implement digital solutions in order to compete effectively with their competitors.
Impact of COVID-19 on the Asia-pacific Digital Transformation Market
The COVID-19 crisis has accelerated digital transformation trends, as evidenced by the development and expansion of digital infrastructure; the shift to digital service delivery by firms and within organisations, such as in education, healthcare, and retail; and increased implementation of digital technologies in manufacturing. Despite the fact that the pandemic has had a negative impact on many businesses, it has also revealed new opportunities for entrepreneurship. It has boosted digital entrepreneurship, for example, as a result of changing consumer behaviour during and after the pandemic.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2032 |
| Base year considered | 2021 |
| Forecast period | 2022-2032 |
| Segments covered | By Component, By Type, By End-User.
|
| Regions covered | Australia, China, India, Japan, South-Korea, Rest of Asia-Pacific
|
| Companies Covered | Accenture, Adobe Systems, Capgemini, Cognizant Technology Solutions Corporation, Dell, Inc., Google, Inc., IBM Corporation, Microsoft Corporation, Oracle Corporation, SAP SE
|
Asia-Pacific Digital Transformation Market Segmentation:
1. By Component:
2. By Type:
3. By End-User:
- BFSI
- Healthcare
- Education
- Retail
4. By Region:
- Australia
- China
- India
- Japan
- South-Korea
- Rest of Asia-Pacific
Key Topics Covered in the Report:
- Asia-Pacific Digital Transformation Market (FY’2019-FY’2032)
- Overview of Asia-Pacific Digital Transformation Market
- Segmentation of Asia-Pacific Digital Transformation Market By Component(Solution, Service)
- Segmentation of Asia-Pacific Digital Transformation Market By Type(Cloud, On-Premise)
- Segmentation of Asia-pacific Digital Transformation Market By End-User(BFSI, Healthcare, Education, Retail, It & Telecom, Logistics & Transportation, Manufacturing, Others)
- Statistical Snap of Asia-pacific Digital Transformation Market
- Growth Analysis of Asia-pacific Digital Transformation Market
- Problems and Challenges in Asia-pacific Digital Transformation Market
- Competitive Landscape in the Asia-pacific Digital Transformation Market
- Impact of COVID-19 and Demonetization on Asia-pacific Digital Transformation Market
- Details on Recent Investment in Asia-pacific Digital Transformation Market
- Competitive Analysis of Asia-pacific Digital Transformation Market
- Major Players in the Asia-pacific Digital Transformation Market
- SWOT Analysis of Asia-pacific Digital Transformation Market
- Asia-pacific Digital Transformation Market Future Outlook and Projections (FY’2019-FY’2032)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1 Research data source
2.1.1 Secondary data
2.1.2 Primary data
2.1.3 SPER’s internal database
2.1.4 Premium insight from KOL’s
2.2 Market size estimation
2.2.1 Top-down and Bottom-up approach
2.3 Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2. COVID-19 Impacts of the Asia-Pacific Digital Transformation Market
5. Market variables and outlook
5.1. SWOT analysis
5.1.1 Strengths
5.1.2 Weaknesses
5.1.3 Opportunities
5.1.4 Threats
5.2. PESTEL analysis
5.2.1 Political landscape
5.2.2 Economic landscape
5.2.3 Social landscape
5.2.4 Technological landscape
5.2.5 Environmental landscape
5.2.6 Legal landscape
5.3. PORTER’S five forces analysis
5.3.1 Bargaining power of suppliers
5.3.2 Bargaining power of Buyers
5.3.3 Threat of Substitute
5.3.4 Threat of new entrant
5.3.5 Competitive rivalry
5.4. Heat map analysis
6. Competitive Landscape
6.1 Asia-Pacific Digital Transformation Market, Base Distribution, Sales Area, Product Type
6.2 Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Asia-Pacific Digital Transformation Market
7. Asia-Pacific Digital Transformation Market, By Component, 2019-2032 (USD Million)
7.1 Solution
7.2 Service
8. Asia-Pacific Digital Transformation Market, By Type, 2019-2032 (USD Million)
8.1 Cloud
8.2 On-Premise
9. Asia-Pacific Digital Transformation Market, By End-User, 2019-2032 (USD Million)
9.1 BFSI
9.2 Healthcare
9.3 Education
9.4 Retail
9.5 IT & Telecom
9.6 Logistics & Transportation
9.7 Manufacturing
9.8 Others
10. Global Corporate Lending Market, By Region, 2019-2032 (USD Million)
10.1 Global Corporate Lending Market Size and Market Share by Region (2019-2025)
10.2 Global Corporate Lending Market Size and Market Share by Region (2026-2032)
10.3 Australia
10.4 China
10.5 India
10.6 Japan
10.7 South-Korea
10.8 Rest of Asia-Pacific
11. Company Profiles
11.1 Accenture
11.1.1 Company details
11.1.2 Financial outlook
11.1.3 Product summary
11.1.4 Recent developments
11.2 Adobe Systems
11.2.1 Company details
11.2.2 Financial outlook
11.2.3 Product summary
11.2.4 Recent developments
11.3 Capgemini
11.3.1 Company details
11.3.2 Financial outlook
11.3.3 Product summary
11.3.4 Recent developments
11.4 Cognizant Technology Solutions Corporation
11.4.1 Company details
11.4.2 Financial outlook
11.4.3 Product summary
11.4.4 Recent developments
11.5 Dell, Inc.
11.5.1 Company details
11.5.2 Financial outlook
11.5.3 Product summary
11.5.4 Recent developments
11.6 Google, Inc.
11.6.1 Company details
11.6.2 Financial outlook
11.6.3 Product summary
11.6.4 Recent developments
11.7 IBM Corporation
11.7.1 Company details
11.7.2 Financial outlook
11.7.3 Product summary
11.7.4 Recent developments
11.8 Microsoft Corporation
11.8.1 Company details
11.8.2 Financial outlook
11.8.3 Product summary
11.8.4 Recent developments
11.9 Oracle Corporation
11.9.1 Company details
11.9.2 Financial outlook
11.9.3 Product summary
11.9.4 Recent developments
11.10 SAP SE
11.10.1 Company details
11.10.2 Financial outlook
11.10.3 Product summary
11.10.4 Recent developments
12. List of Abbreviations
13. Reference Links
14. Conclusion
15. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
