Market Research Report
North America Cloud Migration Services Market Forecast 2021-2028
|North America Cloud Migration Services Market Forecast 2021-2028|
Published: October 11, 2021
Content info: 170 Pages
Delivery time: 2-3 business days
The North America cloud migration services market is registered to grow with a CAGR of 24.74% during the estimated period of 2021 to 2028. The regional market's growth is determined by key factors, including the well-established presence of major companies, the availability of proficient technical expertise, in addition to regulations and standards, and the advanced information technology (IT) infrastructure.
The North America cloud migration services market growth study comprises the assessment of Canada and the United States. The surging adoption of cloud services in Canada plays a vital role in fueling the country's cloud migration services market. As per the CDW's Cloud Report, SaaS - the most conventional type of public cloud - has been adopted by nearly 92% of all businesses in Canada. However, IaaS and PaaS have lagged, accounting for 47% and 92% respectively in the country.
Conversely, remote work or work from home (WFH) became a rapidly growing trend amid the COVID-19 pandemic. For instance, according to the estimations issued by Statistics Canada, more than 40% of employees in Canada worked remotely in April 2020. This figure indicated a notable increase from the nearly 10% of individuals permitted to work from home on a restricted basis before the novel coronavirus pandemic. Hence, the rise in remote work further contributes to the increasing demand for cloud migration services. As a result, these drivers are anticipated to facilitate the market's growth in North America during the forecast years.
Some of the top firms operating in the market are: Amazon Web Services (AWS), Cisco Systems, RiverMeadow Software, etc.