Global Cloud Migration Services Market Research Report – By Services (Managed Services), Deployment (Public, Private), Organization Size (SMEs, Large Enterprises), Applications (Infrastructure Management), Industries (Government) - Forecast Till 2030

Cloud Migration Services Market Overview:

According to the latest research report, during the projection period by the end of the year 2030, the worldwide cloud migration services market size is anticipated to register USD 8 billion, representing a compound annual growth rate (CAGR) of 17.79%. The cloud migration services industry is primarily concerned with the transfer of equipment, data, business operations, and workloads to the cloud from on-premises systems. The growing adoption of cloud-based solutions among some of the information technology and telecommunications sectors is fueling the development of the successful cloud market globally to a significant degree. The growing use of ai and machine learning, among other things, is one of the reasons fueling the development of cloud migration services.

The popularity of IT-as-a-service solutions is growing, which is helping to propel the market's expansion to new heights. The usage of private or hybrid cloud computing is becoming more popular among businesses implementing IT as a service solution.

This report contains all the information on the cloud migration services market analysis and its strengths. The report also contains the culmination of dynamics, segmentation, key players, regional analysis, and other important factors.

Covid 19 Analysis:

In the Covid-19 outbreak, where companies face operational difficulties, many CXOs are forced to be directed towards achieving technologies and methods, cloud migration being one of them. These MSPs have sped migration processes, scaled current services, upgraded old applications, enabled and coordinated multi-cloud setups while employing different cloud-native technologies. Additionally, several cloud service providers have developed appealing cloud migration methods that help SMEs adopt these services easily and affordably, generating numerous market possibilities.

Cloud Migration Services Market Dynamics:

• Drivers:

When cloud migration services are used, businesses are able to achieve suitable degrees of automation while also increasing their level of flexibility. In order to become more flexible and adaptable than their conventional virtualization strategy, enterprises are looking to migrate their current workloads to the cloud. This is a simple and straightforward process that can be accomplished quickly. Economic flexibility upon that cloud is anticipated to be the most influential factor of cloud migration services market growth in the coming years.

• Opportunities:

The cloud migration services industry offers MSPs possibilities. MSPs may manage virtual machine instances, cloud services, memory, transfer, and programs operating under public cloud environments including AWS, Bluemix, Azure, IBM, and Google Cloud. Cloud migration may be scary for SMEs lacking technical competence and financial restrictions. This is when MSPs can assist companies to overcome obstacles including limited staff and bandwidth, and implementing complicated programs. MSPs may also help organizations implement the proper program for their needs, resulting in better agility, lower capital expenditures, and improved productivity.

• Restraints:

Many SMEs and big businesses are using CSP migration services to move their on-premises workloads to the cloud. Regardless of the cost savings and efficiency, organizations lock themselves onto certain protocols and technologies. Organizations would not like to depend on a single provider in today's competitive market. This would need a multi-cloud infrastructure with several cloud providers and in-house technologies.

• Challenges:

Redesigning networks for Cloud Migration Services Market is challenging for SMEs with limited funds and resources. Furthermore, most businesses find upgrading to cloud deployment difficult and expensive. To use cloud infrastructure, businesses must address a variety of problems, including network design. Multiple cloud deployment patterns make it difficult to gain insight, assess efficiency, and manage workloads. Cloud migration is complex owing to the installation design and methods needed to create and manage it.

• Cumulative Growth Analysis:

Cloud migration services market outlook includes both platform and software. This value chain includes platforms and software suppliers. Offerings in this category include security and data management as well as application design. Such professionals are intended as PaaS service suppliers. There are several PaaS providers on the market, but they all provide services or apps. Vendors that subscribe to this service host it. Subscribers access SaaS through a web browser. SaaS has grown in popularity with mobile apps and other applications like CAD and ERP. Due to increased demand for both solutions, SaaS and PaaS suppliers play an important part in the cloud computing production chain. Thus, the reasons stated above are anticipated to boost the cloud migration services market share and consumer needs.

• Value Chain Analysis:

In terms of segmentation, the global cloud migration services market can be divided into four categories: services, deployment, organization size, applications, industries, and geography. In addition, the services sector is subdivided into two sub-segments: managed services and professional services. Additionally, professional services are subdivided into categories like as support and maintenance, automation and integration, disaster recovery, training and consulting, and other related services.

The deployment is subdivided into three categories: public, private, and hybrid. The market is subdivided into two categories based on the size of the organization: SMEs and big businesses. It is subdivided into infrastructure management, workforce management, security and compliance management, project management, and other sub-segments under the applications segment. The industries sector is further subdivided into the following categories: government, information technology, and telecommunications, manufacturing, and others.

Cloud Migration Services Market Segmentation Overview:

The Cloud Migration Services Market is segmented on the basis of services, deployment, organization size, applications, industries, and geography. The global cloud migration services market is expected to witness decent growth during the forecast period.

• By Application:

Based on the application, the Cloud Migration Services Market is segmented into support and maintenance, automation and integration, disaster recovery, training and consulting, and other related services.

• By End-users:

Based on the propulsion types, the Cloud Migration Services Market is segmented into government, information technology and telecommunications, manufacturing, and others.

Cloud Migration Services Market Regional Analysis:

Market research is being conducted on the cloud migration services market on a regional level in areas such as Asia Pacific; North America; Europe; and the Rest of the World. In terms of geography, North America is dominant because of the popularity of cloud services in the area, which is primarily driven by the growing use of ai technology, which is fueling the market's development to a significant degree. The industry of Cloud Migration Services Market in Europe is expanding at a rapid pace, mainly to technical advancements in cloud computing, which are driving the industry's expansion. In contrast, Asia Pacific is one of the emerging economies for cloud migration solutions, with economies such as India, China, and India participating. The region is projected to boost as a consequence of the rise permeation of IT facilities and to develop at the fastest rate over the next several years.

Cloud Migration Services Market Competitive Landscape:

Enterprises may use AWS Cloud to migrate apps, data, workloads, as well as other IT resources. Using the cloud's Application Programming Interfaces (APIs), developers and designers may design, create, test, and deploy new apps. The cloud delivers rapid flexibility and scalability, separated processes, decreased operational workload, on-demand deployment and management, and decreased operating costs. Businesses need a secure and convenient Cloud Migration Services Market option with no information leakage and no interruption. AWS offers cloud migration solutions and services that allow real-time data management and cost-effective data transmission.

Cloud Migration Services Market Major Key Players:

• Microsoft Corporation (U.S.)

• Tech Mahindra (India)

• Dell (U.S.)

• IBM Corporation (U.S.)

• HCL Technologies (India)

• Accenture PLC (Republic of Ireland)

• Wipro Ltd. (India)

• NTT DATA, Inc. (Japan)

• Vmware, Inc. (U.S.)

• Amazon Web Services Inc. (U.S.)

Report Overview:

The following report comprises of –

• Market overview

• Covid 19 Analysis

• Market Dynamic

• Drivers

• Opportunities

• Restraints

• Challenges

• Cumulative Growth Analysis

• Value Chain Analysis

• Segmentation Overview

• By Application

• By End-Users

• Regional Analysis

• Competitive landscape

Recent Developments:

In October 2017, IBM launched two new cloud migration options for businesses. Cloud Migration Services and Cloud Deployment Services help businesses move current applications to the public cloud more simply and affordably.

Segmentation Table:

By Service Type:

• Automation and Integration


• Disaster Recovery


• Application Hosting and Monitoring


• DevOps


• Training and Consulting


• Support and Maintenance


• Managed Services

By Application:

• Project Management


• Infrastructure Management


• Security and Compliance Management


• Others (Performance Management and Workforce Management)

By Organization Size:

• Large Enterprises


• Small and Medium-sized Enterprises (SMEs)

By Deployment Model:

• Public Cloud


• Private Cloud


• Hybrid Cloud

By Vertical:

• BFSI


• Healthcare and Life Sciences


• Telecommunications and ITES


• Government and Public Sector


• Manufacturing


• Consumer Goods and Retail 


• Media and Entertainment


• Others (Travel & Hospitality and Education)

By Region:North America:

• US


• Canada

Europe:

• United Kingdom


• Germany


• France


• Rest of Europe

Asia Pacific (APAC):

• China


• Japan


• Australia and New Zealand (ANZ)


• Rest of APAC

The Middle East and Africa (MEA):

• Middle East


• Africa

Latin America:

• Brazil


• Mexico


• Rest of Latin America