Global Cloud Migration Services Market

Cloud Migration Services Market Size, Share, Growth Analysis, By Offering(Services [Assessment & Planning Services (Readiness Assessment, Dependency Mapping, Migration Roadmap), Migration & Deployment Services (Lift & Shift Migration), By Migration Type(Infrastructure Migration [Virtual Machines, Network Configurations, Logging Infrastructure], Platform Migration [Data Center), By Application(Supply Chain Management [Order Management, Inventory Management, Procurement Management, Logistics & Fulfilment Management), By Vertical(BFSI, Healthcare & Life Sciences, Telecom, Government & Public Sector), By Region - Industry Forecast 2024-2031


Report ID: SQMIG45D2104 | Region: Global | Published Date: September, 2024
Pages: 200 | Tables: 87 | Figures: 71

Cloud Migration Services Market News

  • In September 2024, ClearScale Company simplified migration to AWS by introducing ClearScale One. It offers cloud innovative strategy and high-end migration to users without needing additional costs and additional operational migrations pressure.  
  • In September 2024, Pythian Services Inc. launched Oracle migration services to allow businesses avail strategic alliance between Google Cloud and Oracle. Enterprises are largely demanding Google Cloud capabilities and hence, Pythian Services is helping businesses to smoothly migrate their Databases stores of Oracle to Google Cloud. 
  • In March 2024, Accenture Federal Services partnered with Microsoft to launch its pioneer high-end Migration Factory and Cloud Modernization on MS Azure. This will help cater to the strict security regulations for the businesses operating in the national security space.
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Global Cloud Migration Services Market size was valued at USD 10.00 billion in 2022 and is poised to grow from USD 12.34 billion in 2023 to USD 66.35 billion by 2031, growing at a CAGR of 23.40% during the forecast period (2024-2031).

The competitive landscape of the global cloud migration services market is differentiated by the blend of numerous established technology giants and progressing players aiming to create and increase their market presence and geographic reach. The leading cloud providers like Microsoft Azure, Amazon Web Services (AWS), and Google Cloud Platform (GCP) are focusing on smooth integration with the existing products and aid for enterprise migration. They are also engaged in offering comprehensive tools and services and support more organizations. The commonly adopted competitive strategies in the market are offering innovative solutions, alliances and partnerships, and delivery of consumer-centric services. Hence, the intensifying competition among the players is propelling the emergence of enhanced services. 'Google (US) ', 'AWS (US) ', 'IBM (US) ', 'Microsoft (US) ', 'Accenture (Ireland) ', 'Cisco (US) ', 'Oracle (US) ', 'Infosys (India) ', 'NTT Data (Japan) ', 'SAP (Germany) ', 'DXC (US) ', 'HPE (US) ', 'Veritis (US) ', 'Rivermeadow (US) ', 'Securekloud (US) ', 'Rackspace Technology (US) ', 'Informatica (US) ', 'WSM (US) ', 'LANGATE (US) ', 'Saigon Technology (Vietnam) ', 'Belitsoft (Belarus) ', 'Ltimindtree (India) ', 'ASPIRE SYSTEMS (India) ', 'Relokia (Ukraine) ', 'Trigent Software (US) ', 'Scalefocus (Bulgaria) ', 'Simform (US) ', 'IT SVIT (Ukraine)'

Simplification of IT and increased agility are the key drivers of the cloud migration services market. By migrating services to cloud, companies can easily offload intricacies of managing IT infrastructure. This enables companies to emphasize and take interest in strategic initiatives and core business functions. Cloud migration aids speedy deployment of numerous services and applications, allowing businesses to innovate at a fast pace. 

Growing Focus on Compliance and Security: Growing concerns regarding regulations and data breaches is increasing the significance and essence of security to become a leading priority in migration of cloud. The leading providers are engaged in offering finest security features, comprising compliance solutions customized to certain needs, encryption, and identity management. Businesses are also looking for migration solutions that ensure data compliance and safety throughout the migration process, besides simply facilitating movement to cloud. 

Region-wise, North America dominated the market in the previous years and is expected to lead over the forecast period owing to established IT infrastructure, growing adoption rate, and significant investments by venture capitals. The region holds strong IT infrastructure with numerous prominent cloud providers situated. This streamlines easy access to superior technologies. Also, businesses in North America are fast adopters of cloud solutions and advanced technologies. This is impacted by key focus on digital transformation in different industries. Major investments are also seen in startups and cloud technology is impacting the growth of the market in the region, driving competition and innovations. The key players profiled in the region include Google, Amazon Web Services, IBM, Microsoft, Cisco, Oracle, Rivermeadow, Securekloud, and more.  

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Global Cloud Migration Services Market

Report ID: SQMIG45D2104

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