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Europe Digital Transformation Market 2024-2033 by Offering (Hardware, Software, Services), Technology (IoT, Cloud, Big Data & Analytics, AI, Mobility, Cybersecurity), Function (Production, Workforce, Operational, Customer), Deployment (On-Premises, On-Cloud), End User, Organization Size (Large, SMEs), and Country: Trend Forecast and Growth Opportunity

  • Report ID: 65596
  • Date: May, 2024
  • Pages: 130
  • Category: ICT & Media

Europe digital transformation market was valued at $ 147.1 billion in 2024 and will grow by 20.0% annually over 2024-2033, driven by the increasing availability of mobile devices and digital platforms, increasing demand for industrial automation and digitalization, government initiatives, increasing internet penetration, and the growing adoption of IoT/AI/cloud/big data/contactless solutions.

Highlighted with 37 tables and 61 figures, this 130-page report “Europe Digital Transformation Market 2024-2033 by Offering (Hardware, Software, Services), Technology (IoT, Cloud, Big Data & Analytics, AI, Mobility, Cybersecurity), Function (Production, Workforce, Operational, Customer), Deployment (On-Premises, On-Cloud), End User, Organization Size (Large, SMEs), and Country: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire Europe digital transformation market and all its sub-segments through extensively detailed classifications.

Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2021-2023 and provides forecast from 2024 till 2033 with 2023 as the base year.
(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)

In-depth qualitative analyses include identification and investigation of the following aspects:

• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces

The trend and outlook of Europe market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify Europe digital transformation market in every aspect of the classification from perspectives of Offering, Technology, Function, Deployment, End User, Organization Size, and Country.

Based on Offering, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2024-2033 included in each section.

• Hardware
• Software
• Services

Based on Technology, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2024-2033 included in each section.

• Internet of Things (IoT)
• Cloud Computing
• Big Data & Analytics
• Artificial Intelligence (AI)
• Mobility or Social Media
• Cybersecurity
• Other Technologies

By Function, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2024-2033 included in each section.

• Production Transformation
• Workforce Transformation
• Operational Transformation
• Customer Transformation

By Deployment, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2024-2033 included in each section.

• On-Premises
• On-Cloud

By End User, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2024-2033 included in each section.

• BFSI
• Healthcare
• IT & Telecom
• Manufacturing
• Retail & Consumer Goods
• Government & Defense
• Oil & Gas
• Automotive, Transportation & Logistics
• Media & Entertainment
• Education
• Other End Users

By Organization Size, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2024-2033 included in each section.

• Large Enterprises
• SMEs

Geographically, the following national/local markets are fully investigated:

• Germany
• UK
• France
• Spain
• Italy
• Netherlands
• Rest of Europe (further segmented into Russia, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)

For each key country, detailed analysis and annual revenue ($ mn) are available for 2024-2033. The breakdown of national markets by Technology, Function, and End User over the forecast years are also included.

The report also covers the current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.

Selected Key Players:

Accenture Plc
Adobe, Inc.
Alibaba Group (Alibaba Cloud)
Alphabet Inc. (Google Cloud Platform)
Amazon.Com, Inc. (Amazon Web Services, Inc.)
Cognizant Technology Solutions Corporation
Hewlett Packard Enterprise Development LP
IBM Corporation
Intel Corporation
Microsoft Corporation
NVIDIA Corporation
Oracle Corporation
Salesforce.Com, Inc.
SAP SE
Siemens AG
TIBCO Software Inc.

(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)

1 Introduction 7
1.1 Industry Definition and Research Scope 7
1.1.1 Industry Definition 7
1.1.2 Research Scope 8
1.2 Research Methodology 11
1.2.1 Overview of Market Research Methodology 11
1.2.2 Market Assumption 12
1.2.3 Secondary Data 12
1.2.4 Primary Data 12
1.2.5 Data Filtration and Model Design 13
1.2.6 Market Size/Share Estimation 14
1.2.7 Research Limitations 15
1.3 Executive Summary 16
2 Market Overview and Dynamics 19
2.1 Market Size and Forecast 19
2.1.1 Impact of COVID-19 on World Economy 20
2.1.2 Impact of COVID-19 on the Market 23
2.1.3 Impact of Russia-Ukraine Conflict: War Slows Economic Recovery 25
2.2 Major Growth Drivers 29
2.3 Market Restraints and Challenges 34
2.4 Emerging Opportunities and Market Trends 37
2.5 Porter’s Fiver Forces Analysis 41
3 Segmentation of Europe Market by Offering 45
3.1 Market Overview by Offering 45
3.2 Hardware 47
3.3 Software 48
3.4 Services 49
4 Segmentation of Europe Market by Technology 50
4.1 Market Overview by Technology 50
4.2 Internet of Things (IoT) 52
4.3 Cloud Computing 53
4.4 Big Data & Analytics 54
4.5 Artificial Intelligence (AI) 55
4.6 Mobility or Social Media 56
4.7 Cybersecurity 57
4.8 Other Technologies 58
5 Segmentation of Europe Market by Function 59
5.1 Market Overview by Function 59
5.2 Production Transformation 61
5.3 Workforce Transformation 62
5.4 Operational Transformation 63
5.5 Customer Transformation 64
6 Segmentation of Europe Market by Deployment 65
6.1 Market Overview by Deployment 65
6.2 On-Premises 67
6.3 On-Cloud 68
7 Segmentation of Europe Market by End User 69
7.1 Market Overview by End User 69
7.2 BFSI 71
7.3 Healthcare 72
7.4 IT & Telecom 73
7.5 Manufacturing 74
7.6 Retail & Consumer Goods 75
7.7 Government & Defense 76
7.8 Oil & Gas 77
7.9 Automotive, Transportation & Logistics 78
7.10 Media & Entertainment 79
7.11 Education 80
7.12 Other End Users 81
8 Segmentation of Europe Market by Organization Size 82
8.1 Market Overview by Organization Size 82
8.2 Large Enterprises 84
8.3 SMEs 85
9 European Market 2022-2032 by Country 86
9.1 Overview of European Market 86
9.2 Germany 89
9.3 U.K. 92
9.4 France 95
9.5 Spain 98
9.6 Italy 101
9.7 Netherlands 104
9.8 Rest of European Market 107
10 Competitive Landscape 109
10.1 Overview of Key Vendors 109
10.2 New Product Launch, Partnership, Investment, and M&A 112
10.3 Company Profiles 113
Accenture Plc 113
Adobe, Inc. 115
Alibaba Group (Alibaba Cloud) 116
Alphabet Inc. (Google Cloud Platform) 117
Amazon.Com, Inc. (Amazon Web Services, Inc.) 118
Cognizant Technology Solutions Corporation 119
Hewlett Packard Enterprise Development LP 120
IBM Corporation 121
Intel Corporation 122
Microsoft Corporation 123
NVIDIA Corporation 124
Oracle Corporation 125
Salesforce.Com, Inc. 126
SAP SE 127
Siemens AG 128
TIBCO Software Inc. 129
RELATED REPORTS 130


List of Tables



Table 1. Snapshot of Europe Digital Transformation Market in Balanced Perspective, 2022-2032 17
Table 2. World Economic Outlook, 2021-2031 21
Table 3. World Economic Outlook, 2021-2023 22
Table 4. Scenarios for Economic Impact of Ukraine Crisis 26
Table 5. World Smartphone Connections, Average Network Connection Speed for Smartphones and Tablets, 2020-2030 32
Table 6. World Mobile Data Traffic by Deployment Mode, 2020-2030, EB/year 33
Table 7. World Mobile Data Traffic by Device, 2020-2030, EB/year 33
Table 8. Main Product Trends and Market Opportunities in Europe Digital Transformation Market 37
Table 9. Europe Digital Transformation Market by Offering, 2022-2032, $ mn 45
Table 10. Europe Digital Transformation Market by Technology, 2022-2032, $ mn 50
Table 11. Europe Digital Transformation Market by Function, 2022-2032, $ mn 59
Table 12. Europe Digital Transformation Market by Deployment, 2022-2032, $ mn 65
Table 13. Europe Digital Transformation Market by End User, 2022-2032, $ mn 69
Table 14. Europe Digital Transformation Market by Organization Size, 2022-2032, $ mn 82
Table 15. Europe Digital Transformation Market by Country, 2022-2032, $ mn 88
Table 16. Germany Digital Transformation Market by Technology, 2022-2032, $ mn 90
Table 17. Germany Digital Transformation Market by Function, 2022-2032, $ mn 90
Table 18. Germany Digital Transformation Market by End User, 2022-2032, $ mn 91
Table 19. U.K. Digital Transformation Market by Technology, 2022-2032, $ mn 93
Table 20. U.K. Digital Transformation Market by Function, 2022-2032, $ mn 93
Table 21. U.K. Digital Transformation Market by End User, 2022-2032, $ mn 94
Table 22. France Digital Transformation Market by Technology, 2022-2032, $ mn 96
Table 23. France Digital Transformation Market by Function, 2022-2032, $ mn 96
Table 24. France Digital Transformation Market by End User, 2022-2032, $ mn 97
Table 25. Spain Digital Transformation Market by Technology, 2022-2032, $ mn 99
Table 26. Spain Digital Transformation Market by Function, 2022-2032, $ mn 99
Table 27. Spain Digital Transformation Market by End User, 2022-2032, $ mn 100
Table 28. Italy Digital Transformation Market by Technology, 2022-2032, $ mn 102
Table 29. Italy Digital Transformation Market by Function, 2022-2032, $ mn 102
Table 30. Italy Digital Transformation Market by End User, 2022-2032, $ mn 103
Table 31. Netherlands Digital Transformation Market by Technology, 2022-2032, $ mn 105
Table 32. Netherlands Digital Transformation Market by Function, 2022-2032, $ mn 105
Table 33. Netherlands Digital Transformation Market by End User, 2022-2032, $ mn 106
Table 34. Digital Transformation Market in Rest of Europe by Country, 2022-2032, $ mn 108
Table 35. Accenture Plc: Company Snapshot 113
Table 36. Accenture Plc: Business Segmentation 114
Table 37. Accenture Plc: Product Portfolio 114


List of Figures



Figure 1. Research Method Flow Chart 11
Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation 14
Figure 3. Europe Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2022-2032 16
Figure 4. Europe Digital Transformation Market, 2022-2032, $ mn 19
Figure 5. Impact of COVID-19 on Business 23
Figure 6. Primary Drivers and Impact Factors of Europe Digital Transformation Market 29
Figure 7. World 5G Traffic, 2019-2030, EB/year 32
Figure 8. Primary Restraints and Impact Factors of Europe Digital Transformation Market 34
Figure 9. Investment Opportunity Analysis 38
Figure 10. Porter’s Fiver Forces Analysis of Europe Digital Transformation Market 41
Figure 11. Breakdown of Europe Digital Transformation Market by Offering, 2022-2032, % of Revenue 46
Figure 12. Europe Addressable Market Cap in 2023-2032 by Offering, Value ($ mn) and Share (%) 46
Figure 13. Europe Digital Transformation Market by Offering: Hardware, 2022-2032, $ mn 47
Figure 14. Europe Digital Transformation Market by Offering: Software, 2022-2032, $ mn 48
Figure 15. Europe Digital Transformation Market by Offering: Services, 2022-2032, $ mn 49
Figure 16. Breakdown of Europe Digital Transformation Market by Technology, 2022-2032, % of Sales Revenue 51
Figure 17. Europe Addressable Market Cap in 2023-2032 by Technology, Value ($ mn) and Share (%) 51
Figure 18. Europe Digital Transformation Market by Technology: Internet of Things (IoT), 2022-2032, $ mn 52
Figure 19. Europe Digital Transformation Market by Technology: Cloud Computing, 2022-2032, $ mn 53
Figure 20. Europe Digital Transformation Market by Technology: Big Data & Analytics, 2022-2032, $ mn 54
Figure 21. Europe Digital Transformation Market by Technology: Artificial Intelligence (AI), 2022-2032, $ mn 55
Figure 22. Europe Digital Transformation Market by Technology: Mobility or Social Media, 2022-2032, $ mn 56
Figure 23. Europe Digital Transformation Market by Technology: Cybersecurity, 2022-2032, $ mn 57
Figure 24. Europe Digital Transformation Market by Technology: Other Technologies, 2022-2032, $ mn 58
Figure 25. Breakdown of Europe Digital Transformation Market by Function, 2022-2032, % of Sales Revenue 60
Figure 26. Europe Addressable Market Cap in 2023-2032 by Function, Value ($ mn) and Share (%) 60
Figure 27. Europe Digital Transformation Market by Function: Production Transformation, 2022-2032, $ mn 61
Figure 28. Europe Digital Transformation Market by Function: Workforce Transformation, 2022-2032, $ mn 62
Figure 29. Europe Digital Transformation Market by Function: Operational Transformation, 2022-2032, $ mn 63
Figure 30. Europe Digital Transformation Market by Function: Customer Transformation, 2022-2032, $ mn 64
Figure 31. Breakdown of Europe Digital Transformation Market by Deployment, 2022-2032, % of Revenue 66
Figure 32. Europe Addressable Market Cap in 2023-2032 by Deployment, Value ($ mn) and Share (%) 66
Figure 33. Europe Digital Transformation Market by Deployment: On-Premises, 2022-2032, $ mn 67
Figure 34. Europe Digital Transformation Market by Deployment: On-Cloud, 2022-2032, $ mn 68
Figure 35. Breakdown of Europe Digital Transformation Market by End User, 2022-2032, % of Revenue 70
Figure 36. Europe Addressable Market Cap in 2023-2032 by End User, Value ($ mn) and Share (%) 70
Figure 37. Europe Digital Transformation Market by End User: BFSI, 2022-2032, $ mn 71
Figure 38. Europe Digital Transformation Market by End User: Healthcare, 2022-2032, $ mn 72
Figure 39. Europe Digital Transformation Market by End User: IT & Telecom, 2022-2032, $ mn 73
Figure 40. Europe Digital Transformation Market by End User: Manufacturing, 2022-2032, $ mn 74
Figure 41. Europe Digital Transformation Market by End User: Retail & Consumer Goods, 2022-2032, $ mn 75
Figure 42. Europe Digital Transformation Market by End User: Government & Defense, 2022-2032, $ mn 76
Figure 43. Europe Digital Transformation Market by End User: Oil & Gas, 2022-2032, $ mn 77
Figure 44. Europe Digital Transformation Market by End User: Automotive, Transportation & Logistics, 2022-2032, $ mn 78
Figure 45. Europe Digital Transformation Market by End User: Media & Entertainment, 2022-2032, $ mn 79
Figure 46. Europe Digital Transformation Market by End User: Education, 2022-2032, $ mn 80
Figure 47. Europe Digital Transformation Market by End User: Other End Users, 2022-2032, $ mn 81
Figure 48. Breakdown of Europe Digital Transformation Market by Organization Size, 2022-2032, % of Revenue 82
Figure 49. Europe Addressable Market Cap in 2023-2032 by Organization Size, Value ($ mn) and Share (%) 83
Figure 50. Europe Digital Transformation Market by Organization Size: Large Enterprises, 2022-2032, $ mn 84
Figure 51. Europe Digital Transformation Market by Organization Size: SMEs, 2022-2032, $ mn 85
Figure 52. Breakdown of European Digital Transformation Market by Country, 2022 and 2032, % of Revenue 87
Figure 53. Contribution to Europe 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%) 88
Figure 54. Digital Transformation Market in Germany, 2022-2032, $ mn 89
Figure 55. Digital Transformation Market in U.K., 2022-2032, $ mn 92
Figure 56. Digital Transformation Market in France, 2022-2032, $ mn 95
Figure 57. Digital Transformation Market in Spain, 2022-2032, $ mn 98
Figure 58. Digital Transformation Market in Italy, 2022-2032, $ mn 101
Figure 59. Digital Transformation Market in Netherlands, 2022-2032, $ mn 104
Figure 60. Digital Transformation Market in Rest of Europe, 2022-2032, $ mn 107
Figure 61. Growth Stage of Europe Digital Transformation Industry over the Forecast Period 109

Research methodology is mainly referring to the practical how of any offered piece of research. More specifically, it’s all about how a researcher systematically designs a study in order to assure extremely valid as well as reliable results that ultimately address the targets and objectives of the research.

In any formal research including academic journal, article, dissertation and so on, there will be a special section on a research methodology that mainly describes what, by whom, how to gather as well as how to evaluate the data are provided.

This research methodology has been segmented into following types:

Primary Research:

It is said to be original information that the researchers collect for the crucial purposes of answering the research questions of readers with the help of surveys, observations and experiments.

Secondary Research:

The secondary research is the data that has already been collected by various other researchers in the form of government analysis or scientific studies.

Qualitative Research:

It is descriptive and subjective method irrespective of facts. Both observation and description are essential in this type of research methodology. Its main vision is to analyze knowledge, attitudes, behaviours as well as opinions of people related to the topic of any research. This method has been operated through grounded research, case study and actionable research.

Quantitative Research:

It contains several laboratory experiments, basic surveys, mathematical calculations, simulations and so on. The possible measurement, quantity or amount is considered to be a major factor in the quantitative research methodology.

Tab Four
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