Digital Transformation Market Is Expected To Reach Usd 4,617.78 Billion By 2030, Grow At A Cagr Of 26.7% During Forecast Period 2023 To 2030

The Global Digital Transformation Market Size was valued at USD 731.13 billion in 2022 and is anticipated to witness USD 4,617.78 billion by 2030 at a CAGR of 26.7% from 2023 to 2030. The market is driven by the presence of several large technology companies, high IT spending, and strong internet infrastructure in North America. The COVID-19 pandemic has also accelerated the shift to digital technologies, as businesses try to digitize their operations and processes to stay competitive. Infrastructure as a service (IaaS), platform as a service (PaaS), and software as a service (SaaS) are all parts of cloud computing (SaaS). Artificial Intelligence (AI) solutions for developing and deploying AI applications like natural language processing are also included in the market.