Cloud Migration Market report covers a detailed analysis of current and upcoming market trends, company market shares, market projections, competitive benchmarking, competition mapping, and in-depth research of the most significant sustainability strategies and their impact on industry growth and competition. The research was conducted using a combination of primary and secondary data, as well as input from leading industry players.
Cloud migration is a set of processes that help its end users to migrate or move their business operations, processes, and applications on cloud infrastructure or in a cloud computing environment. Majorly, migration entails shifting one’s legacy IT infrastructure to the public cloud environment. Many industries such as BFSI and healthcare prefer private or hybrid cloud migration solutions, as it provides a high-end security framework.
The Major Players In The Cloud Migration Market Include:
Oracle Corporation, Microsoft Corporation, IBM Corporation, Amazon
Web Services, Google Inc., Cisco Systems, RiverMeadow Software, Rackspace US,
Informatica, OVH US LLC
The market has segmented the global
Cloud Migration market on the basis of type, application, and region:
IMR
has been researching the Cloud Migration Market is expected to reach USD 443.32
Billion by 2027, registering a CAGR of 21.67% from 2021 to 2027.
The Cloud Migration Market study includes a comprehensive analysis, market size
and forecasts, trends, growth drivers, and challenges, as well as a competitor
analysis that covers leading competitors. The xx Market research report
provides the market overview, landscape, value chain analysis, market sizing,
segment analysis, market size, and outlook forecast.
By Type:
SaaS, PaaS, IaaS
By Application:
Manufacturing, BFSI, IT &
Telecom, Retail, Healthcare, Logistics, Education
By Regional Outlook
(Revenue, USD Billion, 2017 – 2028)
- North America (U.S., Canada, Mexico)
- Europe (Germany, U.K., France, Italy, Russia, Spain,
Rest of Europe)
- Asia-Pacific (China, India, Japan, Southeast Asia, Rest
of APAC)
- Middle East & Africa (GCC Countries, South Africa,
Rest of MEA)
- South America (Brazil, Argentina, Rest of South America)
Covid-19 Impact and Recovery
Analysis on Industry:
The COVID-19 pandemic has had
devastating effects on several industry verticals globally. To constrain the
number of cases and slow the coronavirus spread, various public health
guidelines were implemented in different countries across the globe. COVID-19
protocols ranging from declaring national emergency states, enforcing
stay-at-home orders, closing nonessential business operations and schools,
banning public gatherings, imposing curfews, distributing digital passes, and
allowing police to restrict citizen movements within a country, as well as
closing international borders. With the growing vaccination rate, governments
are uplifting the protocols to give a boost to the stagnant economy. Like other
industries, Cloud Migration Market have experienced slowdown the growth,
however market is expected bounce back as restrictions are being lifted up by
governments across the globe.
Key Benefits for Stakeholders:
·
This study
includes market trends, opportunity, analysis, and future estimations to
determine the imminent investment pockets.
·
The report
presents information related to key drivers, restraints, and opportunities of
the cloud migration services industry.
·
The cloud
migration services market share is quantitatively analyzed from 2019 to 2027 to
highlight the financial competency of the industry.
·
Porter’s
five forces analysis illustrates the potency of the buyers & suppliers in
the cloud migration services market.
