Global Data Migration Strategic Market Report 2023: Market to Reach $34.2 Billion by 2030 - Ongoing Shift towards Digital Transformation Creates Fertile Environment for Data Migration Tools

Dublin, Jan. 27, 2023 (GLOBE NEWSWIRE) -- The "Data Migration - Global Strategic Business Report" report has been added to's offering.

Global Data Migration Market to Reach $34.2 Billion by 2030

In the changed post COVID-19 business landscape, the global market for Data Migration estimated at US$9.8 Billion in the year 2022, is projected to reach a revised size of US$34.2 Billion by 2030, growing at a CAGR of 16.8% over the analysis period 2022-2030.

Customer Data, one of the segments analyzed in the report, is projected to record a 18.9% CAGR and reach US$12.7 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Financial Data segment is readjusted to a revised 17% CAGR for the next 8-year period.

The global economy is at a critical crossroads with a number of interlocking challenges and crises running in parallel. The uncertainty around how Russia`s war on Ukraine will play out this year and the war`s role in creating global instability means that the trouble on the inflation front is not over yet.

The U.S. Market is Estimated at $2.9 Billion, While China is Forecast to Grow at 15.6% CAGR

The Data Migration market in the U.S. is estimated at US$2.9 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$5.7 Billion by the year 2030 trailing a CAGR of 15.6% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 15.3% and 14.3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 12% CAGR.

Key Metrics

Report AttributeDetails
No. of Pages182
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$9.8 Billion
Forecasted Market Value (USD) by 2030$34.2 Billion
Compound Annual Growth Rate16.9%
Regions CoveredGlobal

What`s New for 2023?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Key Topics Covered:1. MARKET OVERVIEW

  • Influencer Market Insights
  • An Introduction to Data Migration
  • Data Migration: Current Market Scenario and Outlook
  • Data Migration - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS(Total 13 Featured)

  • Amazon Web Services, Inc.
  • Attunity Ltd.
  • IBM Corporation
  • Informatica LLC
  • Information Builders, Inc.
  • Microsoft Corporation
  • Oracle Corporation
  • SAP SE
  • SAS Institute, Inc.
  • Scribe Software Inc.
  • Syncsort
  • Talend SA


  • Ongoing Shift towards Digital Transformation Creates Fertile Environment for Data Migration Tools
  • World Digital Transformation Market Revenues in US$ Billion for the Years 2019 & 2025
  • World Digital Transformation Market Revenues by End-Use Sector (in %) for the Year 2019
  • Inadequacies of Legacy Systems Instigate Momentum in Digital Transformation
  • Cloud Technology Stimulates Drive Towards Digital Transformation
  • Data Migration Tools Enable Seamless Compliant Migration
  • Banking & Financial Services Enterprises: Major Consumers
  • eCommerce Product Data Migration Amplifies Market Opportunities


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Global Market for Data Migration

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