replique montre fausse rolex african american wigs diamond art Cloud Migration Services Market Expected to Grow at CAGR 23.96% and valued around USD 16.71 Billion in 2025

Cloud Migration Services Market Expected to Grow at CAGR 23.96% and valued around USD 16.71 Billion in 2025

By Frank Ustinov 08 May 2020 Technology

Latest research report on ‘ Cloud Migration Services Market’ delivers a comprehensive study on current market trends. The outcome also includes revenue forecasts, statistics, market valuations which illustrates its growth trends and competitive landscape as well as the key players in the business.

Cloud Migration Services Market is valued at USD 3.71 Billion in 2018 and expected to reach USD 16.71 Billion by 2025 with the CAGR of 23.96% over the forecast period.

Cloud migration service is a process of transitioning an enterprise data, infrastructure, applications, and many other business processes to the cloud. This is primarily done to bridge the gap between business demand and IT capacity. These services can also be used to migrate from one cloud platform or service to another. Cloud migration process identifies the areas of risk and mitigates them, also identifies opportunities to maximize performance and availability of critical business functions to lead future business growth of an organization.

Key Players Cloud Migration Services Market Report-

Cloud Migration Services market report covers prominent players like Google LLC, VMware, Inc., Rackspace, Inc., Informatica, Inc., IBM Corporation, Cisco Systems, Inc., NTT Data Corporation, Microsoft Corporation, DXC, Amazon Web Services, Inc. and others. 

Global Cloud Migration Services Market Regional Analysis–

North America is dominating the cloud migration services market with the potential rate in terms of revenue for this market due to strong foothold of cloud migration vendors, which adds to the growth of the market. Some of them include IBM Corporation, Microsoft Corporation, SAS Institute Inc., Amazon Web Services Inc., Cisco Systems Inc., Cognizant Technology Solutions Corporation, and Google Inc., among others. For instance; in November 2018, IBM Corporation launched new services to help organizations accelerate the complex process of modernizing and migrating applications to cloud, and adopt the hybrid, multi-cloud strategy to speed up the business transformation.

Key Benefits for Global Cloud Migration Services Market Report–

  • Global Market report covers in depth historical and forecast analysis.
  • Global Market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country Level.
  • Global Market report helps to identify opportunities in market place.
  • Global Market report covers extensive analysis of emerging trends and competitive landscape.

Global Cloud Migration Services Market Segmentation:–

By Service Type:

  • DevOps
  • Disaster Recovery
  • Managed Services
  • Training and Consulting
  • Support and Maintenance
  • Automation and Integration
  • Application Hosting and Monitoring

By Deployment:

  • Public Cloud
  • Private Cloud
  • Hybrid Cloud

By Enterprise Size:

  • Large Enterprises
  • Small & Medium Enterprises (SMEs)

By Application:

  • Project Management
  • Infrastructure Management
  • Compliance and Security Management
  • Others

By Industry Vertical:

  • Manufacturing
  • Energy & Utilities
  • Media & Entertainment
  • Retail
  • IT & Telecommunications
  • Healthcare & Life Sciences
  • Banking, Financial Services & Insurance (BFSI)
  • Other

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Frank Ustinov

Being a veteran in the field of writing with an experience of 15 years, Frank Ustinov holds the entire responsibility of the Technology Department on the Business Stats News. He has been a part of the Business Stats News for 10 years now. With a Bachelor’s Degree in Technology Management, Frank deals with writing articles, blogs, and reports relating to the technology.

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