GCC Digital Transformation Market Analysis and Forecast, 2024-2030

GCC Digital Transformation Market A Dive from 25.7% CAGR in 2024-30| MarkNtel Advisors

MarkNtel Advisors has recently released an all-encompassing report on GCC Digital Transformation market. The report thoroughly explores the present and future market scenarios, providing valuable insights into market size, share, and competitor segmentation. It also delivers an overview of manufacturers, regions, product categories, and application areas. This extensive research is designed to empower clients with the knowledge required to comprehend and capitalize on market trends for their business strategies.

Forecast 2024-30: Revealing GCC Digital Transformation Market Insights and Analysis

The GCC Digital Transformation Market size is estimated to grow at a CAGR of around 25.7% during the forecast period, i.e., 2024-30.

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Driving Innovation: Exploring the GCC Digital Transformation Market and its Growth Challenge

GCC GCC Digital Transformation Market Challenge:

Cyberattacks and Data Security Concerns Preventing Market’s Growth – As the GCC region increases the adoption and integration of digital technology in various sectors, also the rise in social engineering attacks has been seen over the years. These cyberattacks and data breaches affect businesses as well as stakeholders and erode their trust in GCC Digital Transformation.

According to Kaspersky statistics in 2022, cyberattacks including social engineering and other threats to data loss increased in the UAE in the second quarter of 2022 by 230% when compared to the same period in 2021. These increasing c and data stealing affected the cost of many businesses as they have to invest in cybersecurity measures heavily to protect their data and other digital assets. Also, such data breaches affected the reputation of many organizations which is affecting the adoption of new digital technology and GCC Digital Transformation service providers adversely. As the GCC region actively developing smart city infrastructures and pacing out GCC Digital Transformation for economic growth, cyberattacks, and data security concerns could negatively impact the GCC GCC Digital Transformation Market in the coming years.

GCC Digital Transformation Market: Key Players

Microsoft Corporation

-Business Description

-Product Portfolio

-Strategic Alliances or Partnerships

-Recent Developments

-Financial Details

-Others

Salesforce, Inc.

-Business Description

-Product Portfolio

-Strategic Alliances or Partnerships

-Recent Developments

-Financial Details

-Others

SAP SE

-Business Description

-Product Portfolio

-Strategic Alliances or Partnerships

-Recent Developments

-Financial Details

-Others

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GCC Digital Transformation Market Segmentation Outline:

By Technology

-Artificial Intelligence- Market Size & Forecast 2019-2030, (USD Million)

-Cloud Computing- Market Size & Forecast 2019-2030, (USD Million)

-Internet of Things - Market Size & Forecast 2019-2030, (USD Million)

-Blockchain- Market Size & Forecast 2019-2030, (USD Million)

-Cybersecurity- Market Size & Forecast 2019-2030, (USD Million)

-Others (Robotics, Extended Reality, etc.) - Market Size & Forecast 2019-2030, (USD Million)

By Deployment

-On-Premise- Market Size & Forecast 2019-2030, (USD Million)

-Cloud- Market Size & Forecast 2019-2030, (USD Million)

By Services

-Consulting Services

-Planning & Designing

-Engineering & Re-Engineering Services

-Network & Infrastructure Management

-Application Development

-Others

By Enterprise Size

-Small and Medium- Market Size & Forecast 2019-2030, (USD Million)

-Large- Market Size & Forecast 2019-2030, (USD Million)

By End User

-Banking, Financial Services and Insurance (BFSI)- Market Size & Forecast 2019-2030, (USD Million)

-Healthcare- Market Size & Forecast 2019-2030, (USD Million)

-Retail - Market Size & Forecast 2019-2030, (USD Million)

-Government Sector- Market Size & Forecast 2019-2030, (USD Million)

-Energy - Market Size & Forecast 2019-2030, (USD Million)

-Telecommunication- Market Size & Forecast 2019-2030, (USD Million)

-Manufacturing- Market Size & Forecast 2019-2030, (USD Million)

-Others (Education, Transportation, etc.) - Market Size & Forecast 2019-2030, (USD Million)

By Function

-Finance & Control

-Marketing & Sales

-Human Resource Management

-Production

-Operations & Logistics

-Customer Service & Support

-Others

By Country

-The UAE

-Saudi Arabia

-Qatar

-Kuwait

-Oman

-Bahrain

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