Market Overview:
The global digital platforms market is expected to grow from USD XX million in 2018 to USD XX million by 2030, at a CAGR of X.X%. The growth of the global digital platforms market can be attributed to the increasing demand for cloud-based solutions and services, rising adoption of big data and analytics, and growing need for mobility solutions. However, the high cost associated with deployment and management of digital platforms may restrain the growth of this market during the forecast period. Based on type, the global digital platforms market is segmented into software and services. The software segment is further classified into platform as a service (PaaS), infrastructure as a service (IaaS), application development & deployment (AD&D) tools, enterprise resource planning (ERP), customer relationship management (CRM), supply chain management (SCM), business intelligence & analytics tools, content management system (CMS)/web content management system(WCM)and others. The services segment includes managed services, professional services,, training & education,, consulting,, system integration,. Thebanking,.
Product Definition:
A digital platform is a type of business model that allows companies to create and deliver digital products and services. The most common type of digital platform is the app store, which allows companies to sell their apps to consumers. Other types of digital platforms include marketplaces, social networks, and content-sharing platforms.
Digital platforms are important because they allow companies to reach a large number of consumers with their products and services. Additionally, they provide a way for companies to collect data about their customers so that they can better understand them and serve them better in the future.
Software:
Software is the Collection of instructions, rules or protocols that tell the computer what to do. Software can be used in many ways such as for gaming, web designing, music production and photo editing among others. The software industry has been growing at a steady pace over the years owing to its increasing demand across various application areas.
The global software market size was valued at USD transacting online which is expected to grow rapidly over the forecast period due to increase in internet usage and smartphone proliferation worldwide.
Services:
The services are classified into two types, Platform-as-a-Service (PaaS) and Infrastructure-as-a-Service (IaaS). The IaaS service includes the virtualized hardware resources such as servers, storage devices, network connectivity etc. whereas the PaaS service offers an environment where software applications can be run without requiring any physical hardware to be present.
Application Insights:
The banking, financial services, and insurance (BFSI) segment accounted for the largest revenue share in 2016. The growth can be attributed to the increasing usage of digital platforms by banks and other financial institutions to provide their customers with convenient access to their accounts. Moreover, rising demand for innovative technologies that enable secure transactions is also expected to drive the segment over the forecast period.
The healthcare and life sciences sector is anticipated to witness substantial growth over the forecast period owing to factors such as an increase in medical emergencies due to accidents or diseases that require immediate medical attention. In such cases, patients usually seek help from hospitals or clinics but face difficulty in finding a reliable contact information of hospitals/clinics due either absence of information about them on digital platforms or lack of response from these centers regarding queries raised through these channels.
Regional Analysis:
The North American region dominated the global market in 2017. The growth of digital platforms in the region can be attributed to various factors such as technological advancements, increased internet penetration, and government initiatives favoring e-commerce. For instance, according to a study by the United States Digital Service (USDS), e-commerce accounted for only 2% of total retail sales in 2015 but 4% of all online purchases were made using mobile devices. Thus it can be concluded that mobile commerce is still nascent in this region and has huge potential to grow further through digital platforms.
Asia Pacific is expected to emerge as one of the fastest growing regional markets over the forecast period owing to increasing internet penetration rates coupled with rising disposable income levels among consumers especially those living under poverty line which are more likelyto use these services thereby boosting demand for digital platforms over this period (2018 - 2030).
Growth Factors:
- Increasing demand for digital platforms from small and medium businesses (SMBs) to manage their operations effectively.
- Proliferation of mobile devices and the increasing demand for mobile-friendly digital platforms.
- The growing trend of cloud-based services and the need for digital platforms that can be integrated with cloud-based applications.
- Emergence of new technologies such as big data, Internet of Things (IoT), and artificial intelligence, which are creating new opportunities for digital platform providers to expand their offerings.
- Rapid growth in the ecommerce sector, which is fueling the demand for advanced digital platforms that can support complex online transactions
Scope Of The Report
Report Attributes
Report Details
Report Title
Digital Platforms Market Research Report
By Type
Software, Services
By Application
Banking, Financial Services, And Insurance (BFSI), Government And Public Sector, Healthcare And Life Sciences, Manufacturing, Retail And Consumer Packaged Goods, Energy And Utilities, Others
By Companies
IBM, Oracle, NetSuite, Adobe Systems, Accenture, Magento, Cloudcraze Software, SAP, Apttus
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
120
Number of Tables & Figures
84
Customization Available
Yes, the report can be customized as per your need.
Global Digital Platforms Market Report Segments:
The global Digital Platforms market is segmented on the basis of:
Types
Software, Services
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Banking, Financial Services, And Insurance (BFSI), Government And Public Sector, Healthcare And Life Sciences, Manufacturing, Retail And Consumer Packaged Goods, Energy And Utilities, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- IBM
- Oracle
- NetSuite
- Adobe Systems
- Accenture
- Magento
- Cloudcraze Software
- SAP
- Apttus
Highlights of The Digital Platforms Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Software
- Services
- By Application:
- Banking, Financial Services, And Insurance (BFSI)
- Government And Public Sector
- Healthcare And Life Sciences
- Manufacturing
- Retail And Consumer Packaged Goods
- Energy And Utilities
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Digital Platforms Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Digital platforms are online services that allow users to share, connect, and collaborate with others. They include social media sites like Facebook and Twitter, as well as online marketplaces like eBay and Amazon. Digital platforms make it easy for people to find information, share ideas, and sell products or services.
Some of the key players operating in the digital platforms market are IBM, Oracle, NetSuite, Adobe Systems, Accenture, Magento, Cloudcraze Software, SAP, Apttus.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Digital Platforms Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Digital Platforms Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Digital Platforms Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Digital Platforms Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Digital Platforms Market Size & Forecast, 2018-2028
4.5.1 Digital Platforms Market Size and Y-o-Y Growth
4.5.2 Digital Platforms Market Absolute $ Opportunity
Chapter 5 Global Digital Platforms Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Digital Platforms Market Size Forecast by Type
5.2.1 Software
5.2.2 Services
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Digital Platforms Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Digital Platforms Market Size Forecast by Applications
6.2.1 Banking
6.2.2 Financial Services
6.2.3 And Insurance (BFSI)
6.2.4 Government And Public Sector
6.2.5 Healthcare And Life Sciences
6.2.6 Manufacturing
6.2.7 Retail And Consumer Packaged Goods
6.2.8 Energy And Utilities
6.2.9 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Digital Platforms Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Digital Platforms Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Digital Platforms Analysis and Forecast
9.1 Introduction
9.2 North America Digital Platforms Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Digital Platforms Market Size Forecast by Type
9.6.1 Software
9.6.2 Services
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Digital Platforms Market Size Forecast by Applications
9.10.1 Banking
9.10.2 Financial Services
9.10.3 And Insurance (BFSI)
9.10.4 Government And Public Sector
9.10.5 Healthcare And Life Sciences
9.10.6 Manufacturing
9.10.7 Retail And Consumer Packaged Goods
9.10.8 Energy And Utilities
9.10.9 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Digital Platforms Analysis and Forecast
10.1 Introduction
10.2 Europe Digital Platforms Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Digital Platforms Market Size Forecast by Type
10.6.1 Software
10.6.2 Services
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Digital Platforms Market Size Forecast by Applications
10.10.1 Banking
10.10.2 Financial Services
10.10.3 And Insurance (BFSI)
10.10.4 Government And Public Sector
10.10.5 Healthcare And Life Sciences
10.10.6 Manufacturing
10.10.7 Retail And Consumer Packaged Goods
10.10.8 Energy And Utilities
10.10.9 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Digital Platforms Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Digital Platforms Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Digital Platforms Market Size Forecast by Type
11.6.1 Software
11.6.2 Services
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Digital Platforms Market Size Forecast by Applications
11.10.1 Banking
11.10.2 Financial Services
11.10.3 And Insurance (BFSI)
11.10.4 Government And Public Sector
11.10.5 Healthcare And Life Sciences
11.10.6 Manufacturing
11.10.7 Retail And Consumer Packaged Goods
11.10.8 Energy And Utilities
11.10.9 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Digital Platforms Analysis and Forecast
12.1 Introduction
12.2 Latin America Digital Platforms Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Digital Platforms Market Size Forecast by Type
12.6.1 Software
12.6.2 Services
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Digital Platforms Market Size Forecast by Applications
12.10.1 Banking
12.10.2 Financial Services
12.10.3 And Insurance (BFSI)
12.10.4 Government And Public Sector
12.10.5 Healthcare And Life Sciences
12.10.6 Manufacturing
12.10.7 Retail And Consumer Packaged Goods
12.10.8 Energy And Utilities
12.10.9 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Digital Platforms Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Digital Platforms Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Digital Platforms Market Size Forecast by Type
13.6.1 Software
13.6.2 Services
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Digital Platforms Market Size Forecast by Applications
13.10.1 Banking
13.10.2 Financial Services
13.10.3 And Insurance (BFSI)
13.10.4 Government And Public Sector
13.10.5 Healthcare And Life Sciences
13.10.6 Manufacturing
13.10.7 Retail And Consumer Packaged Goods
13.10.8 Energy And Utilities
13.10.9 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Digital Platforms Market: Competitive Dashboard
14.2 Global Digital Platforms Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 IBM
14.3.2 Oracle
14.3.3 NetSuite
14.3.4 Adobe Systems
14.3.5 Accenture
14.3.6 Magento
14.3.7 Cloudcraze Software
14.3.8 SAP
14.3.9 Apttus
