Global Cloud Migration Services Strategic Business Report 2023: A $1 Trillion Market by 2030 - Increased Automation in Industries Drives Demand

Dublin, April 05, 2023 (GLOBE NEWSWIRE) -- The "Cloud Migration Services - Global Strategic Business Report" report has been added to's offering.

Global Cloud Migration Services Market to Reach $1 Trillion by 2030

In the changed post COVID-19 business landscape, the global market for Cloud Migration Services estimated at US$149 Billion in the year 2022, is projected to reach a revised size of US$1 Trillion by 2030, growing at a CAGR of 27% over the analysis period 2022-2030.

Managed Services, one of the segments analyzed in the report, is projected to record 28.4% CAGR and reach US$681.3 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Professional Services segment is readjusted to a revised 24.4% CAGR for the next 8-year period.

The U.S. Market is Estimated at $43.6 Billion, While China is Forecast to Grow at 25.7% CAGR

The Cloud Migration Services market in the U.S. is estimated at US$43.6 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$167.7 Billion by the year 2030 trailing a CAGR of 25.7% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 24.1% and 23.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 18.6% CAGR.

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 Attributes:

Report AttributeDetails
No. of Pages183
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$149 Billion
Forecasted Market Value (USD) by 2030$1000 Billion
Compound Annual Growth Rate26.9%
Regions CoveredGlobal

Key Topics Covered:




  • Cloud Migration Services: An Introduction
  • Influencer Market Insights
  • World Market Trajectories
  • Automation and Integration Service Type to Occupy Largest Share
  • A Prelude to Cloud Migration Services
  • Cloud Migration Services - Global Key Competitors Percentage Market Share in 2022 (E)
  • Top 10 Cloud Migration Services 2019
  • Competition
  • 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 24 Featured)

  • Amazon Web Services, Inc.
  • Cisco Systems, Inc.
  • DXC Technology Company
  • Google, Inc.
  • IBM Corporation
  • Informatica LLC
  • Microsoft Corporation
  • NTT DATA Corporation
  • Openstack
  • Rackspace US, Inc.
  • RiverMeadow Software, Inc.
  • Virtustream, Inc.
  • Vmware, Inc.
  • WSM International
  • Zerto Inc.


  • Security and Compliance Management Application to Witness Highest Growth
  • Increased Automation in Industries Drive the Demand for Cloud Migration Services
  • Digital Connectivity Fuels SMEs to Adopt Cloud Migration Services
  • Cloud Computing Benefits for Organizations Fuels Cloud Migration Market
  • Growing Adoption of BYOD Drive Opportunities for Cloud Migration Market


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Global Market for Cloud Migration Services