Market Research Report
Global Cloud Migration Market 2020-2026
|Published by||Orion Market Research Pvt Ltd||Product code||949592|
Delivery time: 2-3 business days
|Global Cloud Migration Market 2020-2026|
|Published: June 13, 2020||Content info:||
Global Cloud Migration Market Size, Share & Trends Analysis Report by Deployment Type (Public Cloud, Private Cloud, and Hybrid Cloud ), By Industry (BFSI, IT & Telecom, Government, Retail & Consumer Goods, Healthcare, and Other) and Forecast 2020-2026
The global cloud migration market is estimated to grow significantly during the forecast period. The growth of the market is attributed to the increasing demand of cloud based solutions coupled with growing number of enterprises across the globe. The demand of cloud migration services is attributed to the various benefits offered such as faster deployment, high scalability and cost effectiveness of the cloud infrastructure services. Further, various benefits offered by the cloud services to enterprises such as rapid deployment, eliminated maintenance cost and optimization of capital expenditure also contribute in the adoption of cloud migration services that further propels the market growth.
The global market for cloud migration is segregated on the basis of deployment type and industry. Based on the deployment type, the market is further classified into public cloud, private cloud, and hybrid cloud. The hybrid cloud segment is projected to have a considerable share in the global market owing significant deployment of hybrid networks in the enterprises. Based on the industry, the global cloud migration market is further segmented into BFSI, IT & telecom, government, retail & consumer goods, healthcare, and other. The IT & telecom segment estimated to have a considerable growth in the market owing to the growing adoption of automation and agility solutions in IT & telecom industry across the globe. Based on geography, the global cloud migration market is further segregated into North America, Europe, Asia-Pacific and the Rest of the World. Among, region North America projected to have a considerable share in the global cloud migration market.
The companies which are contributing to the growth of the global cloud migration market include Microsoft Corp., IBM Corp., Google LLC, Cisco Systems Inc., Oracle Corp., Amazon Web Services, Inc., and others. Product launch, merger, and acquisition, collaborations with government, and technological advancements through which market players are considerably contributing to the market growth to stay competitive in the market.
The market study of the global cloud migration market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.
Secondary Sources Include:
The report is intended for cloud migration providers, end-user companies for overall market analysis, and competitive analysis. The report provides an in-depth analysis of pricing, market size, intended quality of the deployment preferred by consumers. The report will serve as a source for 360-degree analysis of the market thoroughly integrating different models delivering insights into the market for better business decisions.
The Report Covers: