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Digital Transformation Market Trend,Growth and analysis to 2020

Digital Transformation Market: MENA Industry Analysis and Opportunity Assessment 2014 - 2020

This Future Market Insights report examines the ‘MENA Digital Transformation market for the period 2014–2020. The primary objective of the report is to offer updates on the advancements in ICT and embedded systems that have given rise to a futuristic technology: the digital transformation, which is significantly transforming business to business (B2B) verticals.

Digital transformation describes the adaptation of a company’s value proposition, technology strategy and operational model to the fundamental changes brought about by digital technologies. Digital transformation technologies are transforming organization’s business models, value chains, ecosystem as well as revolutionizing its interaction with customer through online platforms, social media and mobile devices. Digital Transformationtakes indigital services and digital software which are becoming mainstream in various major verticals such as banking, financial services and insurance (BFSI) sector, manufacturing and retail sector as these services and software enhance customer experience at all the levels of customer touchpoints.

Complete Report with TOC @ http://www.mrrse.com/mena-digital-transformation-market .

Scope

The MENA digital transformation market was valued at 897.0 Mn in 2013 and is projected to account for US$ 2,398.3 Mn by 2020, registering a healthy CAGR of 15.1% from 2014 to 2020. Increasing need for enhanced customer experience at all levels of customer interaction points and enhanced process transparency in enterprises across the MENA region is driving the growth of MENA digital transformation market. Moreover, increasing eGovernment and smart city initiatives in Saudi Arabia and the UAE, with the objective to transform themselves into digitally-enabled countries, is further supporting the market growth.

By end-user vertical banking, financial services and insurance (BFSI) and public sectors dominated with over 40% share of the MENA digital transformation market in 2013. However, the media & entertainment sector sub-segment is projected to exhibit the fastest CAGR during the forecast period, followed by the retail sector sub-segment. This growth is attributed to the shift from print to digital media, increasing penetration of smartphones and changing consumer buying habits.

Key Players

Key players in the MENA digital transformation market are continuing to innovate by including advanced features into digital technology solutions. Additionally, major participants such as IBM, Accenture and Deloitte have been focusing on mergers and acquisitions in order to expand their geographical presence and enhance customer base. Major players included in the report are IBM Corporation, CGI Group Incorporation, Accenture PLC, Deloitte Touche Tohmatsu Limited, Booz & Co. and PWC.

Request a Sample Copy of the Report @ http://www.mrrse.com/sample/238 .

About MRRSE

MRRSE stands for Market Research Reports Search Engine, the largest online catalog of latest market research reports based on industries, companies, and countries. MRRSE sources thousands of industry reports, market statistics, and company profiles from trusted entities and makes them available at a click. Besides well-known private publishers, the reports featured on MRRSE typically come from national statistics agencies, investment agencies, leading media houses, trade unions, governments, and embassies.


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