In contemporary times, digital transformation in India can be credited to Wipro Limited, Clarion Technologies Inc., Dell Technologies Inc., Tata Consultancy Services Limited, HCL Technologies Limited, Kellton Tech Solutions Ltd., Datamatics Global Services Limited, Cisco Systems Inc., Infosys Limited, Sasken Technologies Ltd., Mindtree Limited, Cognizant Technology Solutions Corporation, Accenture plc, and Tech Mahindra Limited.

These IT companies are currently focusing on content customization and differentiation to reach out to a greater number of customers. The vertical segment of the Indian digital transformation market is classified into banking, financial services, and insurance (BFSI), energy and utilities, healthcare, manufacturing, oil and gas, retail, telecom and IT, transportation and logistics, and others, such as construction, hospitality, and tourism.

Under this segment, the BFSI category generates the highest revenue and exhibits the fastest growth due to the surging focus of financial institutes on customer satisfaction and digital operating models. The BFSI sector needs to incorporate advanced technologies in its operational channels to cater to customer needs and increase its productivity. According to P&S Intelligence, the southern region accounts for the largest share in the Indian digital transformation market, and it demonstrates the fastest growth in the market.

This can be ascribed to the presence of prominent IT companies in Mysuru, Bengaluru, Mangalore, Chennai, Trivandrum, and Kochi, and the successful implementation of numerous industrial and technologies initiatives, on account of rapid economic growth and existence of a conducive business environment in the region. IT giants such as Infosys, Accenture, Wipro, and International Business Machines (IBM) Corporation have prominent branches in Bangalore.

Thus, the booming manufacturing sector will accelerate the adoption of digital solutions and services in India in the foreseeable future.