20 Digital Transformation Statistics: Spending & Market Size in 2025

Digital transformation is the process of using digital technologies to fundamentally change the way an organization operates.

This can include changes to the way businesses interact with customers, the way they manage their operations, and the way they deliver products and services.

The global digital transformation market is growing rapidly, and it is expected to continue to grow in the coming years.

In 2022, the worldwide market was estimated to be worth $731.13 billion, and it is expected to reach $4,617.78 billion by 2030.

There are several factors driving the growth of the digital transformation market.

These include customer demand for more personalized and convenient experiences, competitive pressure from other businesses that are adopting digital technologies, and regulatory compliance requirements.

The most common technologies used in digital transformation are cloud computing, big data analytics, and artificial intelligence.

These technologies can be used to improve customer experience, increase operational efficiency, and reduce costs.

In this resource, we will look at some of the digital transformation statistics: spending and market size.

We will also discuss the drivers of digital transformation and the benefits that businesses can achieve by adopting digital technologies.

Key Statistics

• A of 2022, the global digital transformation (DX) market size was estimated at $731.13 billion (USD).
• Analytics had the highest revenue share of over 36.3%. 
• Professional services held the highest share of the market with 74.9%.
• The on-premises sector ruled in 2022 with a revenue share of 50.8%.
• The end-user market share in the digital transformation market accounted for 30%.
• The regional dominating market with 43.2% of the revenue share was in North America.
• 29.4% of the digital transformation market was held by the Asia-Pacific region in 2022.
• Social media is forecast to achieve a CAGR of 28.7% in the digital transformation market.
•  In 2022, spending on digital transformation in the U.S. would reach $1.6 trillion (USD). 
• Global spending in the digital transformation market is expected to reach $3.4 trillion (USD) by 2026.

Digital Transformation Statistics in 2025: Market Size

1. As of 2022, the Global Digital Transformation (DX) Market Size Was Estimated at $731.13 Billion (USD)

Besides the 2022 global DX market size estimation of $731.13 billion (USD), it’s expected to see growth up to over $4.6 billion by 2030.

This is based on a CAGR of 26.7% between 2023 and 2030.

Moreover, it’s estimated to reach $1.548.9 billion (USD) by 202 at a CAGR of 21.1% between 2022 and 2027. 

(Grandview Research 2022, Markets and Markets 2023)

2. In Terms of Solutions, Analytics Had the Highest Revenue Share of Over 36.3%.

Data shows that in 2022, analytics solutions held the highest revenue share of the digital transformation market with over 36.6%.

This accounted for $535 billion (USD).

For perspective, the analytics solutions sector is expected to grow by $3,375 billion (USD) by 2032.

(Global Newswire 2023)

3. In the Services Sector, Professional Services Held the Highest Share of The Market with 74.9%.

When we look at the digital transformation market by service, the professional services category had a share of almost 74.9% (almost three-quarters) in 2022, making this the highest in the sector.

It’s expected to grow at a CAGR of 26.4% in terms of implementation and integration.

(Global Newswire 2023, Grandview Research 2022 Market Analysis)

4. Deployment Insights Show that The On-Premises Sector Ruled in 2022 with A Revenue Share of 50.8%.

According to our sources, the deployment among the on-premises market had a 50.8% share which is the largest in 2022 in this segment.

One reason for this segment to have such a large share of the digital transformation market is how it helped businesses to comply with government rules and regulations.

(Global Newswire 2023)

5. The End-User Market Share in The Digital Transformation Market Accounted for 28.3%.

In the Banking, financial services, and insurance industries (BSFI) the end-user market share was the highest in digital transformation with 28.3% of the share in 2022.

Remember that the global COVID-19 pandemic had an enormous impact on the banking and financial sector.

(Grandview Research 2022 Market Analysis)

6. The Regional Dominating Market with 43.2% of The Revenue Share Was in North America.

In terms of regional digital transformation markets, North America held the highest share at 43.2% in 2022.

This is likely due to the development and adoption of new online payment models and the boost in internet usage in the region.

It didn’t hurt that governments worked to swiftly speed up the process of digital transformation in North America.

(Grandview Research 2022 Market Analysis)

7. 29.4% of The Digital Transformation Market Was Held by The Asia-Pacific Region in 2022.

Though the Asia-Pacific regional digital transformation market holds a much lower share than North America, it still help a 29.4% share in 2022.

Moreover, this regional market is expected to grow faster with the enhanced awareness of better technologies at hand.

(Grandview Research 2022 Market Analysis)

8. Social Media Is Forecast to Achieve a CAGR of 28.7% in The Digital Transformation Market.

According to Grandview Research, in 2022, the social media segment is expected to see a large 28.7% CAGR between 2023 and 2030.

As technologies evolve, there will be pressure from the consumer base, which results in fiercer competition among companies.

This is one reason that leveraging social media is happening across all industries and niches.

(Grandview Research 2022)

9. The Large Enterprise Segment Is Predicted to Have a CAGR of 25.5% Between 2023 and 2030.

In the large enterprise segment, it’s expected to have a CAGR of 25.5% between now and 2030.

These large enterprises have the funds and resources to deploy more advanced technologies and techniques across companies to super charge change across many areas. 

(Grandview Research 2022)

10. Between 2023 and 2030, the Healthcare Market Is Expected to See a CAGR of 28.6%.

The experts believe the healthcare segment will grow the fastest among segments at a CAGR of 28.6% from now until 2030.

Let’s face it, the healthcare industry has faced its data breaches, which means it’s time for digital transformation that could not only improve the quality of care they deliver, but also improve the overall privacy and data protection protocols.

It’s a much-needed facelift.

(Grandview Research 2022)

Digital Transformation Spending Statistics

11. Statista Revealed that In 2022, Spending on Digital Transformation in The U.S. Would Reach $1.6 Trillion (USD)  

You can’t implement digital transformation without spending money.

In 2022, the estimated spending on digital transformation was $1.6 trillion (USD) in the United States. 

(Statista)

12. Global Spending in The Digital Transformation (DX) Market Is Expected to Reach $3.4 Trillion (USD) by 2026.

As the world moves forward by adopting new digital technologies, global spending in the digital transformation market is expected to be $3.4 trillion (USD) by 2026.

Since the global pandemic, worldwide organizations have realized the benefits and cost savings of digital technology.

Therefore, they have been adopting and adapting it more. 

(IDC) 

13. 20% of The Spend in DX Will Go Into Innovations, Scaling, and Operations.

DX statistics tell us that 20% of DX spending is expected to go into innovations, scaling, and operations.

Moreover, 15% of DX spending will go into back-office support, and infrastructure.

DX spending on the customer experience will account for 8%. 

(IDC) 

14. Approximately 30% of Global DX Spending Will Be from The Discrete and Process Manufacturing Industries.

According to data, about 30% of all global DX spending will come from the Discrete and Process Manufacturing sectors.

This can include augmented manufacturing, robotic manufacturing, autonomic operations, and self-healing assets.

This is where the most DX spending will go.

(IDC) 

15. The Securities and Investment Services Industries Will Account for The Fastest Growing DX Spending Segment.

Data reveals that the securities and investment services sectors will see a CAGR of 20.6 over the next five years.

Currently, this sector is considered the fastest growing of all DX spending sectors.

(IDC) 

16. Healthcare and Banking Will Account for The Second Fastest Growing DX Spending Sectors.

We can see a correlation between the market size and shares and the DX spending in various markets.

We know that the healthcare sector is expected to be one of the fastest growing segments in market share, but it’s also becoming the third fastest in DX spending alongside the banking industry.

(IDC) 

17. DX Spending Will Be the Highest in The United States.

It shouldn’t be a surprise to know that DX spending is expected to be the highest in the United States.

In fact, the United States is expected to account for almost 35% of the global total, which goes beyond the $1 trillion (USD) mark. 

(IDC) 

18. The Second Highest Spending in The DX Market Will Be from Western Europe.

After the United States, Western Europe comes in second in DX market spending.

This region is expected to make up almost a quarter of all global DX spending.

In light of the pandemic, various regions have picked up the pace in adopting digital transformation technologies.

(IDC)  

19. China Is Expected to Experience the Most Potent Growth in The DX Spending Market.

Again, this shouldn’t surprise us since China is a world leader and a leader in technology.

The expectation for China is that it will see the most potent growth in the DX spending arena.

The region is expected to see a five-year CAGR of 18.6%.

(IDC) 

20. Latin America Is Expected to Be Close Behind China in DX Spending. 

We are a little surprised about the extensive and fast growth in DX spending in the Latin American region, but they are right behind China with a CAGR of 18.2%.

When we said closely behind China, we meant it.

(IDC) 

FAQs

Conclusion

Digital transformation is a complex and challenging process, but it’s essential for businesses that want to keep a competitive edge in this digital age. 

By understanding the drivers, benefits, challenges, and technologies of digital transformation, businesses can make informed and better decisions about how to adopt and adapt these technologies to improve operations.

The future of digital transformation is bright and businesses that can successfully implement these technologies will be in good shape for future success.

It’s important to note that digital transformation is not a one-time thing.

It is an ongoing process that requires businesses to constantly adapt to the changing digital landscape. 

Moreover, it’s not just about technology. It’s also about culture and change management.

Businesses need to create a culture that is open and can adapt to change and that encourages employees to embrace innovative technologies.

The benefits of digital transformation are clear, but the challenges are also significant.

Businesses need to take care to consider the challenges before they decide to implement any kind of digital transformation.

We hope this digital transformation statistics: spending and market size data has helped you in some way.

Sources

Markets and Markets 2023	Grandview Research 2022	Global Newswire 2023
Grandview Research 2022 Market Analysis	Statista	IDC