Digital Transformation Market Size Worth $889.8 Billion, but...

In recent times two global events affected all of us one being Covid 19 Pandemic and another being the War Crisis, this has not only affected commoners but even disrupted fuel prices as well as supply chains.

These all have changed the landscape of how businesses and customers will interact with each other, how things will be designed and delivered and profits can be achieved.

This all forced many firms to make some predictions about the pillars on which the future of businesses will stay put on and these are Multi-Platform digital system, digital-first business strategies, and redefining the landscape on how business and clients as well as employees interacts.

As per one of the assumptions, Digital market transformation would be accounting for USD 889.8 Billion by 2028 which was around USD 374.8 Billion in 2020, which brings the?CAGR?compound annual growth of more than 11%.

So it is important to understand what this Digital market transformation means, in one line it can be defined as Customer-Customer transformation, where everything begins and ends with customers, how you think about it. engage with customers. This transformation will modify or impact the existing business process, culture, and customer experiences.

To achieve all this every organization would need to develop

1. Legendary Teams
2. Building best-in-class digital practices
3. Zero trust policy for secure networks

along with these, what is needed is a strategic investment into digital transformation, and it will improve stock prices as well as revenue in the long run.

It is interesting how organizations go on with their new line of products to make this landscape profitable for customers, employees, and organizations themselves.

The opinion share is personal :) and a review work, contact author for further questions