PUNE, India, November 14, 2016 /PRNewswire/ -- According to a new market research report "Digital Transformation Marketby Solution (Cloud Computing, Big Data, Mobility, and Social Media), Service (Professional and System Integrators), Business Type (B2B, B2B2C, & B2C), End User, Deployment type, Vertical, and Region - Global Forecast to 2021", published by MarketsandMarkets, the market is estimated to grow from USD 148.04 Billion in 2015 to USD 392.15 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 18.7%. (Logo: http://photos.prnewswire.com/prnh/20160303/792302 ) Browse 70 market dataTables and 41Figures spread through 135Pages and in-depth TOC on"Digital Transformation Market"http://www.marketsandmarkets.com/Market-Reports/digital-transformation-market-43010479.htmlEarly buyers will receive 10% customization on this report. The major forces driving the Digital Transformation Market are the increased demand of Internet of Things and increased innovation offered by digitalization techniques. Digital transformation aims to provide increased penetration of mobile devices and apps thereby generating data in the form of log data through various applications, financial transactions, and online shopping. This increase in mobile device and app usage has enhanced the growth of digitalization. Cloud deployment type is estimated to grow at fastest growth rate during the forecast period The cloud deployment segment of Digital Transformation Market, by deployment type is estimated to grow at the highest growth rate during the forecast period. Cloud-based deployment, also known as hosted deployment, provides users the liberty to access the tools from all computers and mobile devices. It offers the advantages of easy deployment, minimum costs, easy upgradability, accessibility, and no requirement of initial capital for purchasing the software. Cloud-based digital transformation solutions providers are actively delivering continual innovation with security as top priority. Hence, the market for cloud digital transformation solutions is expected to witness significant traction during the forecast period.