At More Than 22.5% CAGR, Cloud Migration Market Share, Business Growth, Latest Technology, Revenue, Trends, Industry Demand And Forecast 2025

Christel Deskins

The MarketWatch News Department was not involved in the creation of this content. Sep 16, 2020 (Heraldkeepers) — The Global Cloud Migration Market size is expected to reach market growth in the forecast period of 2020 to 2025, with a CAGR of 22.5% in the forecast period of 2020 to […]

The MarketWatch News Department was not involved in the creation of this content.

Sep 16, 2020 (Heraldkeepers) —
The Global Cloud Migration Market size is expected to reach market growth in the forecast period of 2020 to 2025, with a CAGR of 22.5% in the forecast period of 2020 to 2025.

The latest report pertaining to Cloud Migration Marketprovides a detailed analysis regarding market size, revenue estimations and growth rate of the industry. In addition, the report illustrates the major obstacles and newest growth strategies adopted by leading manufacturers who are a part of the competitive landscape of this market.

*The sample pages of this report is immediately accessible on-demand.**

Market Analysis of Cloud Migration –

The market of the cloud migration services has been estimated to grow at a good level in the period of forecast. There are estimations that the market’s lower costs security and flexibility is going to be advantageous for the global cloud migration services market and make the growth levels immense.

The automation makes sure that the enterprises are able to streamline their activities which are related to the streamlining of the activities of cloud migration in an efficient manner. Automation helps in the reduction of costs, time, manual intervention as well as the risks of failure. This supports the improvement in the agility of businesses as well as the migration of an entire workload for the rapid levels of recovery in the downtime.

The global market of cloud migration services has been segmented on the basis of the service type which is comprising of the integration, automation, monitoring and application hosting in addition to the disaster recover, training as well as consulting, management and support. The service type of integration and automation has been expected to have the biggest size of the market and this is because of the adoption on a large scale of the services all over the world. The services of cloud migration may be used by a lot of applications in the verticals of the industry. The segment of applications for the global market of cloud migration services has further been segmented into the security, infrastructure management as well as the compliance management in addition to others like the workforce management as well as performance management.

The management of compliance and security has been expected to see the biggest amount of growth. Major reason for that is the adoption at a larger scale of the compliance and security applications which protect the data from being misused and meet the needs of compliance as well as controlling access and also delivering the most robust system for data encryption and also the enhancement of integration.

Cloud Migration Services Vendors

The major players of the cloud migration services are,

  • Google,

  • Cisco,

  • IBM,

  • AWS,

  • VMware,

  • NTT Data.

Changing Technology Environment Key To Growth Of Cloud Migration Services Market

In an era where the environment of computing is complex as well as diverse, the ones who are end-users are looking for their ways to ensure the resources in an optimum manner. This particular search adds many additional levels adds many opportunities as well as the possibility of managing a lot of tasks at one point of time in a virtual manner sometimes through machines. The major driver for the cloud migration services growth is the agility and flexibility which the businesses are able to achieve. In an era where the computing environment is complex and diverse, the end users have been searching for the more intelligent ways of ensuring the utilization of resources in an optimal manner. Business agility has been expected to be a major driver of growth for the cloud migration services.

North America To Dominate The Cloud Migration Services Market

The biggest share of the market has been expected to be held by North America which is expected to dominate these services in the period of forecast because of the presence of many large enterprises. Europe has also been making advances towards migrating all of its workload to the cloud environment for the processing of data at a brisk pace and providing quicker business insights. Latin America has been expected to show great amount of growth in the market.

Key Market Segments:

By Service Type: Automation and Integration, Disaster Recovery

Application Hosting and Monitoring: DevOps, Training and Consulting, Support and Maintenance, Managed Services

By Application: Project Management, Infrastructure Management, Security and Compliance Management, Others

By Organization Size: Large Enterprises, Small and Medium-sized Enterprises (SMEs)

By Deployment Model: Public Cloud, Private Cloud, Hybrid Cloud

By Vertical: BFSI, Healthcare and Life Sciences, Telecommunications and ITES, Government and Public Sector, Manufacturing, Consumer Goods and Retail, Media and Entertainment, Others

Market by Regional Analysis

North America (USA, Canada, Mexico), Europe (UK, France, Germany, Russia, Rest of Europe), Asia-Pacific (China, South Korea, India, Japan, Rest of Asia-Pacific), LAMEA, Latin America, Middle East, Africa

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