Global Cloud Migration Services Market By Service Type, By Organization Size, By Application, By End User Industry, By Company, By Region, Forecast & Opportunities, 2025

New York, June 25, 2020 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Cloud Migration Services Market By Service Type, By Organization Size, By Application, By End User Industry, By Company, By Region, Forecast & Opportunities, 2025" - https://www.reportlinker.com/p05917049/?utm_source=GNW

Global cloud migration services market is expected to grow at a robust rate of around 19% during the forecast period.The global cloud migration services market is driven by the increasing migration of on-premise workload to cloud by various enterprises.

This migration is mainly due to the several benefits associated with cloud such as affordability, scalability, 24/7 availability, large storage space, auto-update feature, among others.This in turn is expected to positively influence the market growth through 2025.

Additionally, the sudden outbreak of pandemic novel coronavirus disease has accelerated the adoption of cloud migration services since the organizations are working remotely and continuously trying to improve their business and revenue.Furthermore, increasing automation and technological advancements are expected to create lucrative opportunities for market growth over the next few years.

However, data protection and cyber security issues can hamper the market growth over the next few years.

The global cloud migration services market is segmented based on service type, organization size, application, end user industry, company and region.Based on service type, the market can be grouped into automation & integration, disaster recovery, application hosting & monitoring, DevOps, training & consulting, support & maintenance and managed services.

The automation & integration segment is expected to dominate the market attributable to the widespread adoption across enterprises.Additionally, automation & integration helps in reducing cost, time, manual tasks and risk of failure.

Based on application, the market can be categorized into project management, infrastructure management, security & compliance management and others. The security & compliance management is expected to dominate the market during the forecast period. this can be ascribed to the increasing complexity and sophistication of cyber attacks and need to protect important data from malwares, ransomwares and cyber threats.

Regionally, the cloud migration services market has been segmented into various regions including Asia-Pacific, North America, South America, Europe, and Middle East & Africa.Among these regions, North America is expected to dominate the overall cloud migration services market owing to early adoption of latest technologies in the region.

Additionally, presence of large enterprises and better technical expertise is further expected to drive the growth of market in the region.

The major players operating in the cloud migration services market Amazon Web Services, IBM Corporation, Microsoft Corporation, Google, Inc., Cisco Systems, Inc., NTT Data, DXC Technologies, VMware, Inc., Rackspace, Informatica and others. Major companies are developing advanced technologies and launching new services to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new service developments.

Years considered for this report:

Historical Years: 2015-2018
Base Year: 2019
Estimated Year: 2020
Forecast Period: 2021–2025

Objective of the Study:

• To analyze and estimate the market size of global cloud migration services market from 2015 to 2018.
• To estimate and forecast the market size of global cloud migration services market from 2019 to 2025 and growth rate until 2025.
• To classify and forecast global cloud migration services market based on service type, organization size, application, end user industry, company and regional distribution.
• To identify dominant region or segment in the global cloud migration services market.
• To identify drivers and challenges for global cloud migration services market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global cloud migration services market.
• To identify and analyze the profile of leading players operating in global cloud migration services market.
• To identify key sustainable strategies adopted by market players in global cloud migration services market.
The analyst performed both primary as well as exhaustive secondary research for this study.Initially, the analyst sourced a list of service providers across the globe.

Subsequently, the analyst conducted primary research surveys with the identified companies.While interviewing, the respondents were also enquired about their competitors.

Through this technique, the analyst could include the service providers which could not be identified due to the limitations of secondary research. The analyst examined the service providers, distribution channels and presence of all major players across the globe.
The analyst calculated the market size of global cloud migration services market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. The analyst sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size.

Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by the analyst.

Key Target Audience:

• Cloud migration services provider companies
• Market research and consulting firms
• Government bodies such as regulating authorities and policy makers
• Organizations, forums and alliances related to cloud migration services
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as service providers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, global cloud migration services market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
• Global Cloud Migration Services Market, By Service Type:
o Automation & Integration
o Disaster Recovery
o Application Hosting & Monitoring
o DevOps
o Training & Consulting
o Support & Maintenance
o Managed Services
• Global Cloud Migration Services Market, By Organization Size:
o Large Enterprises
o SMEs
• Global Cloud Migration Services Market, By Application:
o Project Management
o Infrastructure Management
o Security & Compliance Management
o Others
• Global Cloud Migration Services Market, By End User Industry:
o BFSI
o IT & Telecommunication
o Manufacturing
o Healthcare
o Consumer Goods & Retail
o Media & Entertainment
o Others
• Global Cloud Migration Services Market, By Region:
o North America
- United States
- Canada
- Mexico
o Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
o Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
o Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
- Kuwait
o South America
- Brazil
- Argentina
- Colombia

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global cloud migration services market.

Available Customizations:

With the given market data, we offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).
Read the full report: https://www.reportlinker.com/p05917049/?utm_source=GNW

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