Digital transformation market projected to reach $4.6 trillion by 2030, driven by AI and automation adoption.
The digital transformation market is expected to reach $4.6 trillion by 2030, growing at a CAGR of 26.7% from 2024 to 2030, as businesses increasingly implement AI and automation for growth. Grand View Research, Inc.'s Horizon Databook projects this growth, with companies like Huawei introducing solutions to accelerate digital transformation journeys. AI is crucial for enhancing productivity and boosting a nation's GDP, leading industries to prioritize digital transformation and strategic investment in AI technologies.
July 08, 2024
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