Middle-East Digital Transformation Market

Middle-East Digital Transformation Market size is expected to grow at 15.8% throughout the forecast period, reaching nearly US$ 336.47 Bn. by 2030.

The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.To know about the Research Methodology :- Request Free Sample Report

The Middle-East digital transformation market is segmented into component, deployment type, enterprise size, vertical and geography. In terms of component, the Middle-East digital transformation market is classified into solution and services. Based on the deployment type, the Middle-East digital transformation market is categorized into on-premises and cloud. On the basis of enterprise size, the Middle-East digital transformation market is segregated into a large enterprise, small and medium enterprise. In terms of vertical, the Middle-East digital transformation market is classified into banking, financial services and insurance (BFSI), telecom & IT, automotive, education, retail & consumer goods, media & entertainment, manufacturing, government, aviation &defense, transportation, and others.

Increasing e-government and smart city initiatives, growing internet penetration and social media usage, rapid adoption of digital services in BFSI sector and enterprise mobility are estimated to be major growth drivers of Middle-East digital transformation market over the forecast period. However, high switching cost and rise in threat of cybercrimes are expected to dampen the Middle-East digital transformation market growth over next few years. Moreover, firms and electric utilities companies in the Middle-East region are introducing digital initiatives to provide digital services such as online utility bills, outage notification and regular updates to their customers, which is creating potential growth opportunities for the Middle-East market.

Middle-East Digital Transformation Market Segment Analysis:

The component segment is divided into solutions and services, where solutions dominated the market followed by services. Higher demand and utilities associated with big data analytics and cloud computing considered under the solutions segment has resulted in advanced implementation for digital transformation solutions.

Cloud and on-premises are two segments based on which the Middle-East digital transformation market is classified by deployment type. The cloud-based deployment type dominated the market with factors such as higher scalability, flexibility in access and cost-effectiveness boosting the overall segment growth.

Large enterprises and small & medium enterprises (SMEs) are the two types for the enterprise segment in the digital transformation market. The higher amount of data crunching and a larger requirement for organized data are some of the crucial factors contributing to the overall market growth.

Considering the geographic segmentation, Middle-East comprises of GCC countries and Israel among other countries. It is the growing emphasis of industrialists on delivering value worthy products at a shorter span of time to be at par with other competitors has resulted in Middle-East opting for digitization and is a booming market for digital transformation.

The objective of the report is to present comprehensive analysis of Middle-East Digital Transformation market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with analysis of complicated data in simple language. The report covers all the aspects of industry with dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give clear futuristic view of the industry to the decision makers.

The report also helps in understanding Middle-East Digital Transformation market dynamics, structure by analyzing the market segments, and project the Middle-East market size. Clear representation of competitive analysis of key players by type, price, financial position, product portfolio, growth strategies, and regional presence in the market make the report investor’s guide.

Middle-East Digital Transformation Market, Key Highlights:

• Middle-East market analysis and forecast, in terms of value.

• Comprehensive study and analysis of market drivers, restraints and opportunities influencing the growth of the Middle-East market

• Middle-East market segmentation on the basis of type, source, end-user, and region (country-wise) has been provided.

• Middle-East market strategic analysis with respect to individual growth trends, future prospects along with the contribution of various sub-market stakeholders have been considered under the scope of study.

• Middle-East market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA) and Latin America along with country-wise segmentation.

• Profiles of key industry players, their strategic perspective, market positioning and analysis of core competencies are further profiled.

• Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the Middle-East market are also profiled.

Middle-East Digital Transformation Market Scope: Inquire before buying

Middle-East Digital Transformation Market, by Geography

GCC Countries
Israel
Others

Middle-East Digital Transformation Market Key Players

1. TM Forum
2. Protiviti
3. Oracle Corporation
4. Microsoft Corporation
5. Ixtel
6. Fingent
7. Rhumbnet
8. Shift Technologies
9. Google Inc
10. SAP
11. DXC Technology
12. Network Information Technology
13. Accenture PLC
14. Cognizant
15. IBM Corporation
16. AT&T Inc.
17. HCL Technologies Limited
18. ISON Technologies Private Limited
19. Computer Sciences Corporation
20. International Turnkey Systems Group Company.