TECH SUPPLIER Dec 2018 - Market Forecast - Doc # US44124518

Worldwide Digital Transformation Professional Services Forecast, 2018–2022

By: Gard LittleVice President, Global Services Markets and Trends

Abstract

This IDC study examines the market for digital transformation professional services, which is forecast to grow rapidly, with a CAGR of 13.9%, and is expected to reach over $178 billion by 2022.

"Projected spending growth for digital transformation professional services remains among the highest in the services industry because of the omnipresence of digital transformation itself," says Gard Little, research vice president, Global Services, Markets, and Trends. "However, in 2018, IDC has improved its forecast methodology to eliminate the spending overlaps between cloud, analytics, mobile, and social technologies because this had overstated the absolute size of the spending opportunity. Even so, digital transformation will remain a central focus for virtually every organization in 2019."


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