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The global Digital Transformation Market size is projected to grow from USD 695.5 billion in 2023 to USD 3,144.9 billion by 2030, at a Compound Annual Growth Rate (CAGR) of 24.1%. The healthcare, life sciences & pharmaceuticals vertical is expected to grow at the highest CAGR during the forecast period. By solutions, the digital transformation market has been segmented into cloud and on-premises. Cloud offers cost optimization opportunities by reducing the need for on-premises infrastructure and providing pay-as-you-go models that align with business needs.