Digital Adoption Industry Statistics

In this post, we explore key statistics shaping the digital adoption industry, shedding light on market size, growth projections, challenges faced by organizations, regional trends, and the transformative impact of events like the COVID-19 pandemic. From a significant market value in 2020 to projections for 2028, these statistics offer valuable insights into the evolving landscape of digital adoption platforms and strategies.

Statistic 1

"The global digital adoption platform market size was valued at USD 2.6 billion in 2020."

Statistic 2

"It is expected to expand at a compound annual growth rate (CAGR) of around 21.34% from 2021 to 2028."

Statistic 3

"As of 2021, 70% of employees still lack proficiency in digital tools used at work."

Statistic 4

"Despite significant investment, 64% of companies still need help with digital adoption."

Statistic 5

"The Asia Pacific region is projected to witness the highest growth in digital adoption platforms, with a CAGR of 23.2% between 2021 to 2028."

Statistic 6

"The small-medium business segment is expected to achieve the fastest growth rate at 24.8% over the forecast period."

Statistic 7

"In 2020, the digital adoption software industry saw an acceleration of trends and software revenue growth at nearly 2.2x the 2019 levels."

Statistic 8

"The impact of COVID-19 on digital adoption shattered C-suite estimations of tech adoption timelines, condensing 5-year strategic plans into only a few months."

Statistic 9

"More than 75% of consumption in India is digitally influenced."

Statistic 10

"Cloud-based deployment accounted for the highest share in the market in 2020 at around 61.0%."

Statistic 11

"The BFSI end-use segment accounted for the largest revenue share in 2020 at over 32.0%."

Statistic 12

"The U.S. alone digital adoption platform market size crossed USD 900 million in 2020."

Statistic 13

"About 60% of organizations face difficulties in training their employees on new software."

Statistic 14

"70% of digital transformations in 2020 didn't reach their goals."

Statistic 15

"The majority of digital adopters (55%) are struggling to achieve scale across their corporate portfolio."

Statistic 16

"By 2028, the global digital adoption platform market is expected to reach $15.8 billion."

Statistic 17

"By 2022, about 70% of enterprises expect to implement artificial intelligence as a part of their digital adoption strategy."

The global digital adoption platform market is experiencing rapid growth, with significant investment and increasing demand for assistance in digital adoption. Despite the challenges faced in training employees and achieving digital transformation goals, the market is projected to expand substantially, particularly in regions like Asia Pacific and among small-medium businesses. The impact of COVID-19 has accelerated digital adoption trends, condensing strategic plans and pushing enterprises towards implementing technologies like artificial intelligence. As organizations navigate the complexities of digital tools and transformations, there is a clear opportunity for continued growth and innovation in the digital adoption industry.