This Future Market Insights report examines the ‘MENA Digital Transformation market for the period 2014–2020. The primary objective of the report is to offer updates on the advancements in ICT and embedded systems that have given rise to a futuristic technology: the digital transformation, which is significantly transforming business to business (B2B) verticals.
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Digital Transformation Market Analysis and Research Report to 2020
1. Digital Transformation Market: MENA Industry Analysis
and Opportunity Assessment 2014 - 2020
Published By:
Future Market Insights
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2. Report Description
This Future Market Insights report examines the ‘MENA Digital Transformation market for the
period 2014–2020. The primary objective of the report is to offer updates on the
advancements in ICT and embedded systems that have given rise to a futuristic technology:
the digital transformation, which is significantly transforming business to business (B2B)
verticals.
Digital transformation describes the adaptation of a company’s value proposition, technology
strategy and operational model to the fundamental changes brought about by digital
technologies. Digital transformation technologies are transforming organization’s business
models, value chains, ecosystem as well as revolutionizing its interaction with customer
through online platforms, social media and mobile devices.
Complete Report with TOC @ http://www.mrrse.com/mena-digital-transformation-market .
3. Scope
The MENA digital transformation market was valued at 897.0 Mn in 2013 and is projected to
account for US$ 2,398.3 Mn by 2020, registering a healthy CAGR of 15.1% from 2014 to 2020.
Increasing need for enhanced customer experience at all levels of customer interaction points
and enhanced process transparency in enterprises across the MENA region is driving the
growth of MENA digital transformation market. Moreover, increasing eGovernment and smart
city initiatives in Saudi Arabia and the UAE, with the objective to transform themselves into
digitally-enabled countries, is further supporting the market growth.
By end-user vertical banking, financial services and insurance (BFSI) and public sectors
dominated with over 40% share of the MENA digital transformation market in 2013. However,
the media & entertainment sector sub-segment is projected to exhibit the fastest CAGR during
the forecast period, followed by the retail sector sub-segment.
4. Key Players
Key players in the MENA digital transformation market are continuing to innovate by including
advanced features into digital technology solutions. Additionally, major participants such as
IBM, Accenture and Deloitte have been focusing on mergers and acquisitions in order to
expand their geographical presence and enhance customer base. Major players included in
the report are IBM Corporation, CGI Group Incorporation, Accenture PLC, Deloitte Touche
Tohmatsu Limited, Booz & Co. and PWC.
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