Connect with us

Technology

Digital Transformation Market to Be Worth $5275.7 Billion by 2031 – Exclusive Report by Meticulous Research®

Published

on

REDDING, Calif., July 29, 2024 /PRNewswire/ — According to a new market research report titled, ‘Digital Transformation Market by Offering (Solutions, Services), Organization Size, Deployment Mode, Technology (Cloud Computing, AI&ML, IoT, AR&VR), End Use Industry (BFSI, Healthcare, Retail & E-commerce), and Geography—Global Forecast to 2031,’ the global digital transformation market is projected to reach $5275.7 billion by 2031, at a CAGR of 22.4% from 2024–2031.

Download Sample Report Now- https://www.meticulousresearch.com/download-sample-report/cp_id=4980 

Digital transformation is a process that incorporates digital technology across all areas of an organization. It evaluates and modernizes an organization’s processes, products, operations and technology stack to enable continuous, rapid, customer-driven innovation. Digital transformation helps companies to increase customer loyalty, attract talented employees, foster competitive advantage and build business value. There are various technologies are used in digital transformation such as IoT, cloud computing, AR & VR, artificial intelligence & machine learning.

The growth of the digital transformation market is driven by the rapid proliferation of smart devices and apps, and the increasing adoption of artificial intelligence & machine learning. However, the lack of data privacy and security concerns restraint growth of the market. Furthermore, the increasing adoption of blockchain as a mainstream technology is expected to generate growth opportunities for the players operating in this market. However, the reliance on legacy systems and outdated technologies is a major challenge impacting the market’s growth. Additionally, the growing use of IoT and edge computing in manufacturing facilities and the rising integration of robotic process automation (RPA) in E-commerce are the latest trend in the market.

The digital transformation market is segmented by offering (solutions and services [consulting services, planning and designing services, engineering services, support and maintenance services, application development services, network infrastructure management services, and other services]), deployment mode (cloud-based deployment and on-premise deployment), organization size (large enterprises and small & medium-sized enterprises), technology (mobile technology, internet-of-things (IoT), network connectivity, digital twin & simulation, robotic process automation, cloud computing, artificial intelligence & machine learning, AR & VR, additive manufacturing & 3D printing, big data & real-time analytics, cybersecurity, and other technologies), end-use industry (retail & E-commerce, government & public sector, healthcare, supply chain & logistics, energy & utility, manufacturing, BFSI, IT & telecommunications, media & entertainment, education, transportation, and other end-use industries), and geography. The study also evaluates industry competitors and analyses the market at the country & regional levels.

Get a Glimpse Inside: Request Sample Pages- https://www.meticulousresearch.com/request-sample-report/cp_id=4980 

Based on offering, in 2024, the services segment is expected to account for the larger share of around 57.0% of the digital transformation market. The segment’s large market share is attributed to the growing need to improve productivity and profitability through enhanced resource management using digital transformation services; increasing adoption of digital transformation services to increase organizational agility and resilience in business operations; and the rising use of digital transformation to stop errors by eliminating time-consuming manual data entry and human inefficiencies. Also, this segment is expected to register a higher CAGR during the forecast period.

Based on organization size, in 2024, the large enterprises segment is expected to account for the larger share of the digital transformation market. However, the small & medium-sized enterprises segment is expected to register a higher CAGR during the forecast period. The growth of this segment is attributed to the growing adoption of digital transformation in SMEs to reduce operational costs and improve productivity by automating routine tasks & processes, and the rising use of digital technologies in SMEs helps to adapt changing market conditions and customer demands for better agility in decision-making and operations.

Based on deployment mode, in 2024, the cloud-based deployment segment is expected to account for the larger share of over of the digital transformation market. The segment’s large market share is attributed to the growing adoption of cloud-based digital transformation systems that helps to improve access to data, allowing collaboration and communication of business process in real-time; the cloud-based digital transformation provides robust security measures such as data encryption, multi-factor authentication, and regular security audits to protect data and applications.

Also, this segment is expected to register a higher CAGR during the forecast period.

Have Specific Research Needs? Request a Customized Report- https://www.meticulousresearch.com/request-customization/cp_id=4980 

Based on technology, in 2024, the cloud computing segment is expected to account for the largest share of around 26.0% of the global digital transformation market. However, the artificial intelligence & machine learning segment is expected to register a highest CAGR during the forecast period. The growth of this segment is attributed to the growing adoption of AI in digital transformation to facilitate better decision-making through advanced analytics and predictive modeling, and the rising integration of AI in digital transformation due to advanced machine learning algorithms to analyze patterns & predict potential security threats.

Based on end use industry, in 2024, the BFSI segment is expected to account for the largest share of around 29.0% of the global digital transformation market. The segment’s large market share is attributed to the growing adoption of digital transformation in BFSI to streamline processes, improve customer services, and offer personalized experiences; the increasing integration of digital technologies such as AI & ML in banks & financial institutions to detect anomalous activity and prevent fraud.

However, the healthcare segment is expected to register the highest CAGR during the forecast period.

Based on geography, in 2024, North America is expected to account for the largest share of over 44.0% of the digital transformation market. North America’s significant market share can be attributed to the increasing investments in digital technologies such as cloud computing, IoT, and AI & ML in the region and the rising integration of robotic process automation (RPA) in retail & E-commerce companies in North America. However, the Asia-Pacific market is expected to register the highest CAGR of over 24.0% during the forecast period. The growth of this market is attributed to the increasing government initiatives & policies toward digitization in developing nations in Asia-Pacific; the increasing adoption of AI & robotics in manufacturing industries in the region, and the growing integration of AR & VR to enhance consumer experience in retail & E-commerce sector.

The key players operating in the digital transformation market are International Business Machines Corporation (U.S.), Siemens AG (Germany), Microsoft Corporation (U.S.), SAP SE (Germany), Capgemini SE (France), ABB Ltd. (Switzerland), Deutsche Telekom AG (Germany), Telefónica, S.A. (Spain), Accenture plc (Ireland), TE Connectivity Ltd. (Switzerland), NXP Semiconductors N.V. (Netherlands), Telefonaktiebolaget LM Ericsson (Sweden), Intel Corporation (U.S.), Tata Consultancy Services Limited (India), and Cisco Systems, Inc. (U.S.).

Browse In-depth Report Now- https://www.meticulousresearch.com/product/digital-transformation-market-4980 

Scope of the Report:

Digital Transformation Market Assessment—by Offering

SolutionsServicesConsulting ServicesPlanning & Designing ServicesEngineering ServicesSupport and Maintenance ServicesApplication Development ServicesNetwork Infrastructure Management ServicesOther Services

Digital Transformation Market Assessment—by Organization Size

Large EnterprisesSmall & Medium-sized Enterprises

Digital Transformation Market Assessment—by Deployment Mode

Cloud-based DeploymentOn-premise Deployment

Digital Transformation Market Assessment—by Technology

Mobile TechnologyInternet-of-Things (IoT)Network ConnectivityDigital Twin & SimulationRobotic Process AutomationCloud ComputingArtificial Intelligence & Machine LearningAR & VRAdditive Manufacturing & 3D PrintingBig Data & Real-time AnalyticsCybersecurityOther Technologies

Digital Transformation Market Assessment—by End-use Industry

Retail & E-commerceGovernment & Public SectorHealthcareSupply Chain & LogisticsEnergy & UtilityManufacturingBFSIIT & TelecommunicationsMedia & EntertainmentEducationTransportationOther End-use Industries

Digital Transformation Market Assessment—by Geography

North AmericaU.S.CanadaEuropeGermanyU.K.FranceItalyNetherlandsSpainSwedenRest of EuropeAsia-PacificJapanChinaIndiaSouth KoreaSingaporeAustralia & New ZealandIndonesiaRest of Asia-PacificLatin AmericaMexicoBrazilRest of Latin AmericaMiddle East & AfricaUAESaudi ArabiaIsraelRest of Middle East & Africa

Unlock Opportunities: Buy Now- https://www.meticulousresearch.com/Checkout/17916114 

Related Reports:

Cloud Computing Market by Service Model (Infrastructure as a Service, Platform as a Service, and Software as a Service), Deployment Mode, Organization Size, End User (BFSI, Retail, and Healthcare), and Geography – Global Forecast to 2030

Augmented and Virtual Reality Market by Type (Augmented Reality, Virtual Reality), Offering (Hardware, Software), Device (AR Devices, VR Devices), Application (Health and Safety, Training), End-use Industry and Geography – Global Forecast to 2030

Digital Twin Market by Component (Software, Services), Type (Component Twin/Part Twin, Asset Twin, Process Twin, System Twin/Unit Twin), Application, End-use Industry, and Geography—Global Forecast to 2030

Industrial Automation Market by Offering (Solutions (Enterprise-level Controls, Plant Instrumentation, Plant-level Controls), Services), Mode of Automation, End-use Industry (Oil & Gas, Automotive, Food & Beverage), and Geography – Global Forecast to 2031

Additive Manufacturing Market Size, Share, Forecast, & Trends Analysis by Offering (Hardware, Materials, Services) Technology (FDM, DMLS, SLA, SLS, Polyjet, DED) End User (Consumer, Electronics, Healthcare, Automotive, Aerospace) – Global Forecast to 2031

Industrial IoT Market by Component (Hardware, Platform, Services, Connectivity), Industry (Agriculture, Manufacturing, Energy & Utilities, Oil & Gas, Aerospace, Retail, Transportation & Logistics, Others) Geography – Global Forecast to 2031

About Meticulous Research®

Meticulous Research® was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

The name of our company defines our services, strengths, and values. Since the inception, we have only thrived to research, analyze, and present the critical market data with great attention to details. With the meticulous primary and secondary research techniques, we have built strong capabilities in data collection, interpretation, and analysis of data including qualitative and quantitative research with the finest team of analysts. We design our meticulously analyzed intelligent and value-driven syndicate market research reports, custom studies, quick turnaround research, and consulting solutions to address business challenges of sustainable growth.

Contact:
Mr. Khushal Bombe
Meticulous Market Research Inc.
1267 Willis St, Ste 200 Redding,
California, 96001, U.S.
USA: +1-646-781-8004
Europe : +44-203-868-8738
APAC: +91 744-7780008
Email- sales@meticulousresearch.com
Visit Our Website: https://www.meticulousresearch.com/
Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research
Content Source: https://www.meticulousresearch.com/pressrelease/268/digital-transformation-market-2031

Logo: https://mma.prnewswire.com/media/1757980/Meticulous_Research_Logo_1.jpg

 

 

View original content:https://www.prnewswire.co.uk/news-releases/digital-transformation-market-to-be-worth-5275-7-billion-by-2031—exclusive-report-by-meticulous-research-302206539.html

Continue Reading

Technology

TWSE deepens global capital market partnerships in London

Published

on

By

TAIPEI, Sept. 5, 2026 /PRNewswire/ — The Taiwan Stock Exchange (TWSE) will lead a delegation to London this September to strengthen investor engagement for Taiwan-listed companies, promote the Asian Asset Management Center (AAMC) initiative, and deepen collaboration with global financial institutions.

The visit comes as international participation in Taiwan’s equity market continues to expand. Foreign investors’ share of TWSE-listed market capitalization increased from 39.56% in 2022 to 48.61% in the second quarter of 2026, approaching half of the market’s total value and underscoring their increasingly important role in connecting Taiwan-listed companies with global capital.

“London is a key market for Taiwan as we deepen engagement with global investors and financial institutions,” said TWSE Chairman Sherman Lin. “Through this visit, we look forward to showcasing the latest developments and strengths of Taiwan’s companies and capital market, advancing the Asian Asset Management Center initiative, and strengthening two-way connections between Taiwan and global capital markets.”

Following the successful investor outreach program in New York in March, TWSE will partner with SinoPac Securities in London to facilitate meetings between Taiwan-listed companies and institutional investors. A luncheon presentation will also provide investors with an update on developments in Taiwan’s capital market and its investment opportunities.

TWSE will participate in the Taiwan Financial Briefing Forum – London Edition, jointly organized by the Taiwan Academy of Banking and Finance and Z/Yen Group. Under the theme, “Unlocking Taiwan’s Edge as Asia’s Asset Management Hub,” the forum will showcase Taiwan’s deep and liquid capital markets, substantial private wealth, and growing demand for wealth management services. TWSE will also highlight the policy direction of the Asian Asset Management Center initiative and its role in supporting Taiwan’s development as a leading asset management hub in Asia.

About TWSE

The Taiwan Stock Exchange (the TWSE) commenced operations on February 9, 1962, and is responsible for operating and advancing Taiwan’s securities market. Its core business activities include listing, trading, clearing and settlement, and market surveillance. These functions encompass listing promotion and review, post-listing supervision and corporate governance, maintaining orderly market operations, securities firm services, investor protection, clearing and settlement activities, safeguarding against market defaults, and monitoring illegal trading activities. Through these efforts, the TWSE provides comprehensive services to support the development and integrity of Taiwan’s securities market.

View original content:https://www.prnewswire.com/apac/news-releases/twse-deepens-global-capital-market-partnerships-in-london-302870637.html

SOURCE Taiwan Stock Exchange (TWSE)

Continue Reading

Technology

Asia-Pacific Media Forum Launches “Gather in Shenzhen, Create a Better Asia-Pacific” Media Cooperation Initiative

Published

on

By

SHENZHEN, China, Sept. 5, 2026 /PRNewswire/ — Shenzhen is a city born from China’s reform and opening-up. In just over four decades, it has grown from a small fishing village into a modern international metropolis. It is a remarkable story of development created by the Chinese people, and a window through which the world can better understand China.

As part of the overall outcomes of Asia-Pacific Media Forum, Shenzhen is launching three long-term initiatives under a media cooperation program titled “Gather in Shenzhen, Create a Better Asia-Pacific.”

The three initiatives are: Technology sharing ; Content co-creation; and Talent development.

On the occasion of the opening of the Asia-Pacific Media Forum, Shenzhen is officially launching this media cooperation initiative and inviting media partners from across the Asia-Pacific to take part. Together, we hope to contribute the strength of the media to building an Asia-Pacific community and promoting shared prosperity.

Video link: https://youtu.be/oJmxc-nYo10
Video produced by Shenzhen Media Group

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/asia-pacific-media-forum-launches-gather-in-shenzhen-create-a-better-asia-pacific-media-cooperation-initiative-302870640.html

SOURCE Shenzhen Media Group

Continue Reading

Technology

Best VPS Hosting (2026): Virterion Recognized for Performance, Reliability, and Scalability by Expert Consumers

Published

on

By

NEW YORK, Sept. 5, 2026 /PRNewswire/ — Expert Consumers has recognized Virterion in an assessment of the best VPS hosting solutions for 2026. The recognition highlights the provider’s performance-focused virtual servers, infrastructure reliability, and ability to scale from entry-level VPS plans to dedicated hardware.

Best VPS Hosting

Virterion – a provider of VPS hosting, Windows VPS, website hosting, and dedicated servers offering KVM virtualization, configurable resources, European server locations, backup options, and scalable infrastructure, supported by 24/7 technical assistance and remote server management tools.

Demand for virtual private servers continues to grow as websites, applications, and databases require more control than conventional shared hosting can provide. VPS hosting allocates processing power, memory, and storage to an independent virtual environment. This structure gives developers and organizations greater control over software, security settings, and server configuration.

Virterion addresses these requirements through several workload-specific services. The portfolio includes standard VPS hosting, high-CPU configurations, Windows VPS, storage-focused virtual servers, website hosting tools, and dedicated servers. The range allows customers to select infrastructure based on processing, storage, operating system, and location requirements.

Virtual Servers Designed Around Different Workloads

Virterion uses KVM virtualization across the VPS range. KVM technology separates virtual machines within a physical server and provides each environment with allocated resources. Customers receive administrative access and can install supported operating systems or use compatible ISO images.

Standard VPS plans are available in Naaldwijk, the Netherlands, and Sofia, Bulgaria. Entry configurations include 1 vCPU, 1 GB of RAM, and 10 GB of SSD or NVMe storage. Plans also provide a static IPv4 address, with IPv6 available on applicable configurations.

The Netherlands and Bulgaria VPS ranges support resource customization. CPU cores, memory, storage, bandwidth, IP addresses, and backup capacity can be adjusted through the ordering system. Existing configurations can also be upgraded when traffic or application requirements increase.

Several operational features are available across applicable VPS plans:

Remote server access: A VNC console allows server access when standard network connections are unavailable.Backup controls: Supported plans allow manual backups and scheduled backup creation.Network testing: Looking Glass tools provide information about routes, latency, upload speeds, and download speeds.Flexible operating systems: Customers can select supported Linux distributions or compatible custom images.Technical assistance: Support is available around the clock through email, tickets, and online chat.

These tools give technical teams direct control over routine server management. However, customers remain responsible for application configuration, data protection, and software security.

Performance and Reliability Across European Locations

Location can influence website speed because distance affects the time required to transfer information. Virterion positions the Netherlands location for audiences across Central and Northern Europe. The Sofia location can support projects targeting Southeastern Europe and nearby markets.

Standard plans at both locations provide 300 Mbit/s network options and unlimited traffic. The Netherlands range uses enterprise NVMe storage, while the Bulgaria range uses enterprise SSD storage. Both formats are designed to provide faster data access than traditional mechanical drives.

Projects requiring greater processing capacity can use the High CPU VPS range. These servers use dedicated CPU cores, modern server processors, DDR5 memory, and enterprise NVMe storage. Virterion reports approximately 80 to 90 percent greater CPU performance than the standard Netherlands VPS line. The comparison is based on provider testing and should be evaluated alongside the requirements of each workload.

Reliability also depends on the surrounding data-center and network infrastructure. Virterion cites service availability of up to 99.995 percent for overseas data-center operations. Prospective customers can use the available network-testing tools to evaluate latency and routing before selecting a location.

Backup policies require careful review. Manual and scheduled backups are available on several VPS products, but customers remain responsible for protecting important files and databases. The storage-focused VPS line does not include backup functionality.

Storage VPS configurations begin with 500 GB of SSD capacity. Standard options extend to 1.5 TB, while configurable upgrades can reach 3 TB. This category may suit media libraries, archives, or data-heavy applications when an independent backup process is already established.

Windows VPS and Website Hosting

Virterion provides Windows VPS options in both the Netherlands and Bulgaria. Entry plans include 1 vCPU, 2 GB of RAM, 20 GB of SSD storage, a 300 Mbit/s network connection, one IP address, and unlimited traffic.

Windows VPS plans include a graphical desktop through Remote Desktop Protocol. VNC console access provides another method of connecting to the virtual machine. Manual and scheduled backup tools are also available.

The Windows service is unmanaged. Technical support can help address issues involving the virtual machine, but software and applications running inside the server remain the customer’s responsibility.

Windows licensing is another important consideration. Virterion provides an evaluation version with a 180-day trial key. A permanent operating system license is not included. Organizations planning long-term deployment should account for licensing and administration requirements before selecting a plan.

Website hosting can be managed through optional control-panel software. Available editions support individual developers, teams handling multiple projects, and agencies maintaining larger website portfolios. Depending on the selected edition, domain allowances include 10, 30, 50, or unlimited domains.

Relevant control-panel options include visual website management, database administration, WordPress tools, subscription controls, and account management. These features can reduce the amount of command-line work required for common hosting tasks.

A VPS still requires more technical involvement than conventional shared website hosting. The tradeoff is greater control over allocated resources, operating system settings, application installation, and security configuration.

Scaling From VPS Hosting to Dedicated Servers

Virtual servers can support many websites, development environments, databases, and business applications. Dedicated servers become more appropriate when a workload requires physical hardware without virtualization, larger memory capacity, multiple storage devices, hardware RAID, or consistently high network throughput.

Virterion offers dedicated servers from the Netherlands location. The catalog includes configurations for smaller production workloads and higher-capacity business systems. Available specifications include ECC memory, enterprise SSD and NVMe storage, hardware RAID options, and multiple-drive configurations.

Selected systems provide network links ranging from 1 Gbit/s to 10 Gbit/s. Traffic allowances vary by configuration, with unmetered service available as an upgrade on applicable servers. Some systems support hundreds of gigabytes of memory, while higher-capacity models support multiple enterprise storage devices.

The dedicated-server range provides a migration path for projects that outgrow VPS resources. Customers can begin with virtual infrastructure and move to physical hardware when performance, storage, or network requirements justify the change.

Dedicated hardware involves more planning than a standard VPS. Processor requirements, memory capacity, drive layout, RAID configuration, bandwidth, remote management, and operating system selection should be evaluated before ordering. Virterion provides sales assistance for customers who need help selecting a suitable configuration.

Practical Considerations for Prospective Customers

Virterion is suited to developers, agencies, online businesses, and technical teams seeking configurable VPS hosting in Europe. The service may also fit organizations requiring Windows-based environments, large-capacity storage, or access to dedicated infrastructure through the same provider.

The platform requires a degree of technical knowledge. Windows VPS plans are unmanaged, permanent Windows licensing is separate, and some storage plans do not include backup tools. Application security and data protection remain customer responsibilities.

Expert Consumers’ recognition focuses on the combination of workload-specific VPS options, configurable resources, European server locations, practical management tools, and a direct route to dedicated hardware. For organizations evaluating VPS hosting in 2026, these factors provide a structured way to match infrastructure with current requirements while preserving room for future growth.

The full review is available at the Expert Consumers website.

About Virterion

Virterion provides virtual private servers, Windows VPS, storage-focused VPS configurations, website hosting tools, dedicated servers, domains, and SSL certificates. Virtual server locations include the Netherlands and Bulgaria, with scalable configurations available for websites, applications, databases, and other online projects.

About ExpertConsumers.org: Expert Consumers delivers news and insights on consumer products and services. As an affiliate, Expert Consumers may earn commissions from sales generated using links provided.

View original content:https://www.prnewswire.com/news-releases/best-vps-hosting-2026-virterion-recognized-for-performance-reliability-and-scalability-by-expert-consumers-302870035.html

SOURCE ExpertConsumers.org

Continue Reading

Trending