The business and government organizations have become more aware about the efficiencies and growth opportunities provided by the digital transformation solutions. Also, public agencies are utilizing AI-enabled applications, such as robotics and image and speech recognition solutions, to improve defense technology and equipment, and for digital transformation. Additionally, the surging adoption of internet of things (IoT) technology is a prime factor driving the Indian digital transformation industry.
The BFSI sector needs to reconfigure each channel and accelerate its digital transformation to meet customer demands. Financial organizations of India are enhancing their digital service offerings and transforming into efficient digital organizations to increase their businesses. Additionally, end-use industries like telecom and information technology (IT), retail, manufacturing, and transportation and logistics are also adopting digital solutions to scale their businesses and improve customer interaction.
According to P&S Intelligence, South India has witnessed the fastest digital transformation, owing to the presence of major IT hubs in the country. The leading IT hubs, such as Chennai, Kochi, Bengaluru, Mysuru, Mangalore, and Trivandrum, are present in southern part of India, owing to which this region has been observing a rapid transformation. South India has also been successful in implementing several technological and industrial initiatives, on account of the harmonious industrial relations with conglomerates and robust economic growth.
This market research report provides a comprehensive overview of the market
The BFSI sector needs to reconfigure each channel and accelerate its digital transformation to meet customer demands. Financial organizations of India are enhancing their digital service offerings and transforming into efficient digital organizations to increase their businesses. Additionally, end-use industries like telecom and information technology (IT), retail, manufacturing, and transportation and logistics are also adopting digital solutions to scale their businesses and improve customer interaction.
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According to P&S Intelligence, South India has witnessed the fastest digital transformation, owing to the presence of major IT hubs in the country. The leading IT hubs, such as Chennai, Kochi, Bengaluru, Mysuru, Mangalore, and Trivandrum, are present in southern part of India, owing to which this region has been observing a rapid transformation. South India has also been successful in implementing several technological and industrial initiatives, on account of the harmonious industrial relations with conglomerates and robust economic growth.
This market research report provides a comprehensive overview of the market
- Future potential of the market through its forecast for the period 2020– 2030
- Major factors driving the market and their impact during the short, medium, and long terms
- Market restraints and their impact during the short, medium, and long terms
- Recent trends and evolving opportunities for the market participants
- Historical and the present size of the market segments and understand their comparative future potential
- Potential of on-demand logistics services, so the market players make informed decisions on the sales of their offerings
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