Global Cloud Migration Service Market, By Component, By Deployment, By Enterprise Size, By End Use Industry, By Geography

Description

Global cloud migration service market size is estimated to be valued at US$ 6.84 Bn in 2023 and is expected to reach US$ 24.51 Bn by 2030, exhibiting a compound annual growth rate (CAGR) of 20% from 2023 to 2030.

Report Coverage		Report Details
Base Year:	2022	Market Size in 2023:	US$ 6.84 Bn
Historical Data for:	2018 to 2021	Forecast Period:	2023 - 2030
Forecast Period 2023 to 2030 CAGR:	20.00%	2030 Value Projection:	US$ 24.51 Bn

Figure 1. Global Cloud Migration Service Market Share (%), By Region, 2023

Global Cloud Migration Service Market - IMG1

Cloud migration service is a rapidly growing market in the field of IT services and solutions. With the increasing adoption of cloud computing technologies by organizations globally, there is a growing need for efficient and seamless migration of data and applications to the cloud. Cloud migration service providers offer expertise and tools to help businesses transition their operations to the cloud, ensuring minimal disruptions and maximizing the benefits of cloud computing. Cloud migration services entail the expert aid and guidance offered by specialized firms or consultants to assist businesses in moving their IT infrastructure, applications, data, and other business components from on-premises environments or existing cloud platforms to a new cloud environment.

Market Dynamics:

The cloud migration service market is driven by several factors. Increasing adoption of cloud computing technologies by businesses across various industries is fueling the demand for cloud migration services. Organizations are realizing the benefits of moving their operations to the cloud, such as increased scalability, reduced costs, and improved collaboration.

On the other hand, there are certain restraints that hinder the market growth. Data security and privacy concerns are major factors that organizations consider before migrating their operations to the cloud. The potential risks associated with unauthorized access, data breaches, and compliance issues need to be addressed to gain the trust of potential customers.

Despite the challenges, there are significant opportunities in the cloud migration service market. The proliferation of hybrid cloud environments, where organizations utilize both public and private clouds, presents a growth opportunity for service providers. Moreover, increasing demand for multi-cloud strategies, where businesses leverage multiple cloud platforms to meet specific needs, creates a need for specialized cloud migration services.

Key features of the study:

This report provides in-depth analysis of the global cloud migration service market, and provides market size (US$ Bn) and compound annual growth rate (CAGR %) for the forecast period (2023-2030), considering 2022 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global cloud migration service market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include IBM, Microsoft, Amazon Web Services, Inc., Google, Cisco Systems, Inc., NTT DATA Group Corporation, VMware, Inc., DXC Technology Company, RACKSPACE TECHNOLOGY, Informatica Inc., Accenture, Williams-Sonoma, Inc., Zerto, Virtustream and Intel Corporation, RiverMeadow Software, Inc., OpenStack, CloudEndure, Cloudreach, Apps Associates LLC, and Rigs IT.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
Global cloud migration service market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global cloud migration service market

Detailed Segmentation:

Global Cloud Migration Service Market, By Component
- Solution
- Infrastructure Migration
- Platform Migration
- Database Migration
- Application Migration
- Storage Migration
- Service
- Professional Services
- Managed Services
Global Cloud Migration Service Market, By Deployment
- Public
- Private
- Hybrid
Global Cloud Migration Service Market, By Enterprise Size
- Large Size Enterprises
- Small and Medium Sized Enterprises (SMEs)
Global Cloud Migration Service Market, By End-use Industry
- IT & Telecommunications
- BFSI
- Healthcare
- Government & Public Sector
- Manufacturing
- Automotive
- Retail & Consumer Goods
- Media & Entertainment
- Others
Global Cloud Migration Service Market, By Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Top Companies in Global Cloud Migration Service Market:
- IBM
- Microsoft
- Amazon Web Services, Inc.
- Google
- Cisco Systems, Inc.
- NTT DATA Group Corporation
- VMware, Inc.
- DXC Technology Company
- RACKSPACE TECHNOLOGY
- Informatica Inc.
- Accenture
- Williams-Sonoma, Inc.
- Zerto
- Virtustream and Intel Corporation
- RiverMeadow Software, Inc.
- OpenStack
- CloudEndure
- Cloudreach
- Apps Associates LLC
- Rigs IT

Product Code: CMI6312

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snippet, By Component
- Market Snippet, By Deployment
- Market Snippet, By Enterprise Size
- Market Snippet, By End-use Industry
- Market Snippet, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Cost reduction and operational efficiency
- Data security, privacy and regulatory risks
- Assist legacy system migrations
Key Highlights
Regulatory Scenario
Recent Trends
Product Launches/Approvals
PEST Analysis
PORTER's Analysis
Mergers, Acquisitions, and Collaborations

4. Global Cloud Migration Service Market - Impact of Coronavirus (COVID-19) Pandemic

COVID-19 Epidemiology
Supply Side and Demand Side Analysis
Economic Impact

5. Global Cloud Migration Service Market, By Component, 2017-2030, (US$ Bn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
Solution
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
Infrastructure Migration
Platform Migration
Database Migration
Application Migration
Storage Migration
Service
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
Professional Services
Managed Services

6. Global Cloud Migration Service Market, By Deployment, 2017-2030, (US$ Bn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
Public
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
Private
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
Hybrid
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)

7. Global Cloud Migration Service Market, By Enterprise Size, 2017-2030, (US$ Bn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
Large Enterprises
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
Small and Medium Sized Enterprises (SMEs)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)

8. Global Cloud Migration Service Market, By End-use Industry, 2017-2030, (US$ Bn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
IT & Telecommunications
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
BFSI
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
Healthcare
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
Government & Public Sector
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
Manufacturing
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
Automotive
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
Retail & Consumer Goods
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
Media & Entertainment
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)

9. Global Cloud Migration Service Market, By Region, 2017-2030, (US$ Bn)

Introduction
- Market Share Analysis, By Sub-region, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, For Sub-region, 2018 -2030
- Country Trends
North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Component, 2017-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Deployment, 2017-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Enterprise Size, 2017-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End-use Industry, 2017-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2017-2030,(US$ Bn)
U.S.
Canada
Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Component, 2017-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Deployment, 2017-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Enterprise Size, 2017-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End-use Industry, 2017-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2017-2030,(US$ Bn)
Germany
U.K.
France
Italy
Spain
Russia
Rest of Europe
Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Component, 2017-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Deployment, 2017-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Enterprise Size, 2017-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End-use Industry, 2017-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2017-2030,(US$ Bn)
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Component, 2017-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Deployment, 2017-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Enterprise Size, 2017-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End-use Industry, 2017-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2017-2030,(US$ Bn)
Brazil
Mexico
Rest of Latin America
Middle East & Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Component, 2017-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Deployment, 2017-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Enterprise Size, 2017-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End-use Industry, 2017-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth By Country/Sub-region, 2017-2030,(US$ Bn)
GCC Countries
Israel
South Africa
Central Africa
North Africa
Rest of Middle East & Africa

10. Competitive Landscape

Company Profile
- IBM
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
- Microsoft
- Amazon Web Services
- Google
- Cisco
- NTT Data
- VMware
- DXC Technology Company
- RACKSPACE TECHNOLOGY
- Informatica Inc.
- Accenture
- Williams-Sonoma, Inc.
- Zerto
- Virtustream and Intel Corporation
- RiverMeadow Software, Inc.
- OpenStack
- CloudEndure
- Cloudreach
- Apps Associates LLC
- Rigs IT.
Analyst Views

11. Section

References
Research Methodology
About us