Investors Chronicle recently quoted MarketsandMarkets as a major source of reference for digital transformation market in their article on Made Tech IPO.
The article mainly talks about Made Tech (MTEC), which was one of the most recent companies to IPO in London, being admitted to the Aim market only at the end of September. The business is wholly focused on digital transformation within public sector organisations in the UK for now but with an eye longer-term on global markets. The UK government’s drive to modernise its data handling to promote efficiency and save money is producing substantial workloads for IT businesses.
The global Digital Transformation Market is expected to grow from USD 469.8 billion in 2020 to USD 1009.8 billion by 2025, at a CAGR of 16.5% during the forecast period. Major growth drivers of the market are the increasing penetration of mobile devices and app and the adoption of cloud services.
For more details, please visit: https://www.investorschronicle.co.uk/education/2021/11/10/made-tech-and-digital-transformation-third-time-s-a-charm/
Press Release :
https://www.marketsandmarkets.com/PressReleases/digital-transformation.asp