Global Cloud Migration Services Market Overview
Cloud is an advanced technologies pertaining to IT. Cloud computing helps enterprises serve their customers via internet, at the same time offering a flexible and cost friendly alternative. Cloud migration services combine the know-hows of research and innovation, with the complete lifecycle of cloud-ready solutions, to offer accelerated Time-to-Market (TTM) and enhanced operational processes. Cloud migration services are also supporting business processes, applications, and moving infrastructure.
Global Cloud Migration Services Market Dynamics
The demand for cloud migration services is expected to be driven by many factors, such as lower costs, flexibility, agility, and security. This increasing demand found in telecommunication and IT industries is boosting the global market. Additionally, cloud migration services is fostering penetration of artificial intelligence as well as machine learning. Increasing awareness about business continuity, rising penetration of cloud computing & technological advancements, adopting improved security, flexibility, and reducing operational costs are some of the key factors fostering global migration services market growth. Cloud migration services market is becoming well known among SMEs as well as big enterprises due to the verify that it recommends a commercial alternative and business dexterity. In addition, several service providers are initiating new recompense schemes, such as “pay-as-you-go” model, in order to encourage cloud migration services among SMEs. These characteristics are projected to considerably motivate the development of the cloud migration services market. However, factors such as fear of vendor lock-in and lack of stringent SLAs are inhibiting the market. The cloud migration services market creates opportunities for the MSPs. The MSPs can handle numerous tasks, such as managing virtual machines, cloud services, storage services, migration services, and applications that are running on public cloud environments.
Global Cloud Migration Services Market Segmentation
The cloud migration services market is segmented on the basis of service type, application, organization size, deployment model, end-user, and region.
Based on service type, the cloud migration services market is segmented into automation and integration, disaster recovery, application hosting and monitoring, devops, training and consulting, support and maintenance, and managed services. The automation and integration service type is estimated to have the largest market size in 2017, due to the large scale adoption of cloud migration services worldwide. Automation enables enterprises to streamline their cloud migration activities efficiently. Automation helps in reducing costs, manual intervention, time, and risk of failure. It supports improved business agility and migration of the entire workload for rapid recovery during downtime. Based on application, the global market is classified into project management, infrastructure management, security and compliance management, and others. The security and compliance management is expected to grow at highest rate. A few of the major reasons for large-scale adoption of the security and compliance application are protecting data from misuse, meeting compliance needs, accessing control, delivering robust data encryption, and enhancing integration. Based on organization size, the target market is characterized into large enterprises, and small and medium-sized enterprises. Based on deployment model the global market is segmented into public cloud, private cloud, and hybrid cloud. Based on end-user the target market is bifurcated into BFSI, healthcare and life sciences, telecommunications and ITES, government and public sector, manufacturing, consumer goods and retail, media and entertainment, and others. The need to consolidate the cost of IT and infrastructure is driving BFSI organizations to migrate their workloads in the cloud. Migrating workload to the cloud provides BFSI organizations with agility and flexibility to deploy IT infrastructure and legacy systems in a cost-effective way.
Based on the region the cloud migration services market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market in North America accounts highest revenue share to the cloud migration services market due to the presence of large enterprises, better technical expertise, and the implementation of the latest technologies. Asia Pacific cloud migration services market is projected to register a high CAGR over the forecast period as many large enterprises are expected to utilize significant growth opportunities to expand their market in this regions.
Cloud Migration Services Market, By Service Type:
- Automation and Integration
- Disaster Recovery
- Application Hosting and Monitoring
- Devops, Training and Consulting
- Support and Maintenance
- Managed Services
Cloud Migration Services Market, By Application:
- Project Management
- Infrastructure Management
- Security and Compliance Management
- Others
Cloud Migration Services Market, By Organization size:
- Large Enterprises
- Small and Medium-Sized Enterprises
Cloud Migration Services Market, By Deployment Model:
- Public Cloud
- Private Cloud
- Hybrid Cloud
Cloud Migration Services Market, By End-User:
- BFSI
- Healthcare and Life Sciences
- Telecommunications and ITES
- Government and Public Sector
- Manufacturing, Consumer Goods and Retail
- Media and Entertainment
- Others
Cloud Migration Services Market, By Region:
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- North America
- North America Cloud Migration Services Market, By Service Type
- North America Cloud Migration Services Market, By Application
- North America Cloud Migration Services Market, By Organization Size
- North America Cloud Migration Services Market, By Deployment Model
- North America Cloud Migration Services Market, By End-User
- North America Cloud Migration Services Market, By Country
- U.S.
- Canada
- Europe
- Europe Cloud Migration Services Market, By Service Type
- Europe Cloud Migration Services Market, By Application
- Europe Cloud Migration Services Market, By Organization Size
- Europe Cloud Migration Services Market, By Deployment Model
- Europe Cloud Migration Services Market, By End-User
- Europe Cloud Migration Services Market, By Country
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Asia Pacific Cloud Migration Services Market, By Service Type
- Asia Pacific Cloud Migration Services Market, By Application
- Asia Pacific Cloud Migration Services Market, By Organization Size
- Asia Pacific Cloud Migration Services Market, By Deployment Model
- Asia Pacific Cloud Migration Services Market, By End-User
- Asia Pacific Cloud Migration Services Market, By Country
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Latin America Cloud Migration Services Market, By Service Type
- Latin America Cloud Migration Services Market, By Application
- Latin America Cloud Migration Services Market, By Organization Size
- Latin America Cloud Migration Services Market, By Deployment Model
- Latin America Cloud Migration Services Market, By End-User
- Latin America Cloud Migration Services Market, By Country
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Middle East & Africa Cloud Migration Services Market, By Service Type
- Middle East & Africa Cloud Migration Services Market, By Application
- Middle East & Africa Cloud Migration Services Market, By Organization Size
- Middle East & Africa Cloud Migration Services Market, By Deployment Model
- Middle East & Africa Cloud Migration Services Market, By End-User
- Middle East & Africa Cloud Migration Services Market, By Country
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- North America
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Global Cloud Migration Services Market Key Players
The key players operating the cloud migration services market involves AWS, IBM, Microsoft, Google, Cisco, NTT Data, VMware, Amazon Web Services, Informatica, Dxc Technology. Prominent players operating in the target market are focusing on strategic partnerships as well as the launching of the products to gain a competitive edge in the target market. For instance, in July 2019, NTT DATA Services, announced it has become a Google Cloud Premier Partner, the highest status a Google Cloud partner can achieve. This milestone is a result of a multi-year collaboration and joint cloud investments between the two companies, as well as NTT DATA demonstrating a high level of competency with Google Cloud products.
Global Cloud Migration Services Market Company Profile
- AWS
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- IBM
- Microsoft
- Cisco
- NTT Data
- VMware
- Amazon Web Services
- Informatica
- Dxc Technology
“*” marked represents similar segmentation in other categories in the respective section
Global Cloud Migration Services Market Table of Contents
Table of Contents
- Research Objective and Assumption
- Preface
- Research Objectives
- Study Scope
- Years considered for the study
- Assumptions
- Abbreviations
- Research Methodology
- Research data
- Primary Data
- Primary Interviews
- Primary Breakdown
- Key data from Primary Sources
- Key Industry Insights
- Secondary Data
- Major Secondary Sources
- Secondary Sources
- Market Estimation
- Top-Down Approach
- Approach for estimating Market Share by Top-Down Analysis (Supply Side)
- Bottom-Up Approach
- Approach for estimating market share by Bottom-up Analysis (Demand Side)
- Market Breakdown and Data Triangulation
- Research Assumptions
- Market Preview
- Executive Summary
- Key Findings—Global Outlook for Cloud Migration Services Strategies
- Key Questions this Study will Answer
- Market Snippet, By Service Type
- Market Snippet, By Application
- Market Snippet, By Organization Size
- Market Snippet, By Deployment Model
- Market Snippet, By End-User
- Market Snippet, By Region
- Opportunity Map Analysis
- Executive Summary—3 Big Predictions
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
- Market Dynamics
- Market Segmentation, By Service Type, 2020 – 2030, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- Automation and Integration
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Disaster Recovery
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Application Hosting and Monitoring
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Devops
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Training and Consulting
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Support and Maintenance
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Managed Services
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Overview
- Market Segmentation, By Application, 2020 – 2030, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- Project Management
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Infrastructure Management
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Security and Compliance Management
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Others
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Overview
- Market Segmentation, By Organization Size, 2020 – 2030, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- Large Enterprises
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Small and Medium-Sized Enterprises
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Overview
- Market Segmentation, By Deployment Model, 2020 – 2030, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- Public Cloud
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Private Cloud
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Hybrid Cloud
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Overview
- Market Segmentation, By End-User, 2020 – 2030, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- BFSI
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Healthcare and Life Sciences
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Telecommunications and ITES
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Government and Public Sector
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Manufacturing
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Consumer Goods and Retail
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Media and Entertainment
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Others
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Overview
- Global Market, By Region, 2020 – 2030, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Regional Trends
- North America
- Market Size and Forecast (US$ Mn), By Service Type, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Organization Size, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Deployment Model, 2020 – 2030
- Market Size and Forecast (US$ Mn), By End-User, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Mn), By Service Type, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Organization Size, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Deployment Model, 2020 – 2030
- Market Size and Forecast (US$ Mn), By End-User, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Mn), By Service Type, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Organization Size, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Deployment Model, 2020 – 2030
- Market Size and Forecast (US$ Mn), By End-User, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast (US$ Mn), By Service Type, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Organization Size, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Deployment Model, 2020 – 2030
- Market Size and Forecast (US$ Mn), By End-User, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Market Size and Forecast (US$ Mn), By Service Type, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Organization Size, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Deployment Model, 2020 – 2030
- Market Size and Forecast (US$ Mn), By End-User, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- GCC
- Israel
- South Africa
- Rest of Middle East
- Overview
- Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
- Company Profiles
-
- AWS
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Business Strategies
- IBM
- Microsoft
- Cisco
- NTT Data
- VMware
- Amazon Web Services
- Informatica
- Dxc Technology
- AWS
-
- The Last Word
- Future Impact
- About Us
- Contact
FAQs
The cloud migration services market accounted for US$ 119.3 billion in 2019 and is projected to register a moderate CAGR of 28.50% over the forecast period.
The market report has been segmented on the service type, application, organization size, deployment model, end-user, and region.
The Cloud Migration Services Market is witnessing trends such as the increasing adoption of multi-cloud and hybrid cloud strategies, the emphasis on security and compliance in cloud migrations, and the rise of serverless computing
Key factors driving the Cloud Migration Services Market include the growing demand for scalability, agility, and cost-effectiveness, the need for digital transformation, and the rising awareness of the benefits of cloud computing
North America is expected to dominate the Cloud Migration Services Market, driven by a mature cloud ecosystem, a high level of cloud adoption among enterprises, and ongoing digital transformation initiatives in the region.
The prominent player operating in the global cloud migration services market includes AWS, IBM, Microsoft, Google, Cisco, NTT Data, VMware, Amazon Web Services, Informatica, Dxc Technology.