The Europe digital transformation market is projected to reach $832.84 billion by 2030, at a CAGR of 18.5% from 2023-2030. This growth is attributed to the increasing investments in sustainability initiatives in various industries, a stronger focus on resilient supply chains by leveraging analytics, growth of flexible work culture, remote talent management, and continued focus on cybersecurity. However, the lack of harmonized digitalization in SMEs across Europe and lack of tailored support for SMEs in different industries to support their digital transformation initiatives are major challenges to the growth of this market. Meticulous Research® has segmented this market based on technology, offerings, deployment mode, enterprise size, end-use industry, and geography.
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