Cloud Migration Market Report has newly added to its massive repository. The global Cloud Migration market has been analyzed by focusing on different verticals of the businesses such as market trends, regional outlook, competitive landscape, key players, business approaches, technologies, and standard operating procedures.
Cloud Migration Services market worldwide is projected to grow by US$12.9 billion, driven by a compounded growth of 23.5%.
An exclusive Cloud Migration Market research report contains a brief on those trends which may enable the companies operating into knows to strategize and the current sector to their small enterprise expansion. The investigation report analyses the market size, industry share, growth, key sections, CAGR, and drivers.
The major manufacturers covered in this report: Oracle Corporation, Microsoft Corporation, IBM Corporation, Amazon Web Services, Google Inc., Cisco Systems, RiverMeadow Software, Rackspace US, Informatica, OVH US LLC.
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The Cloud Migration market can be divided based on product types and It’s sub-type, major applications and Third Party usage area, and important regions.
North America is expected to hold the highest market share and dominate the cloud migration services market during the forecast period. North America has the highest adoption of cloud migration services, due to the presence of large enterprises, better technical expertise, and the implementation of the latest technologies. Europe is gradually advancing toward migrating workloads to the cloud environment, to process data at a rapid pace and drive quick business insights. APAC, MEA, and Latin America are expected to record significant growth rates in the adoption of cloud migration services, as many large enterprises are expected to utilize significant growth opportunities to expand their market in these regions. The SMEs in these regions have also realized the benefits of cloud computing and are migrating their solutions to the cloud to drive business results and improve efficiency and productivity.
This report segments the global Cloud Migration Market on the basis of Types are:
Hardware
Software
Service
On The basis Of Application, the Global Cloud Migration Market is Segmented into:
BFSI
Retail
Healthcare
IT & Telecommunication
Manufacturing
Government
Others
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In 2018, SMEs in Malaysia and other 21 countries in the region got access and support to the cloud solutions and resources for digital transformation, with the opening of Oracle’s first digital hub in Southeast Asia. The percentage of IT budgets allocated to cloud computing is increasing, especially by small to medium businesses. The rise in spending is expected to boost the segment’s growth over the forecast period.
In November 2018, IBM Corporation launched new services to help organizations accelerate the complex process of modernizing and migrating applications to the cloud, and adopt the hybrid, multi-cloud strategy to speed up the business transformation. With new enhancements available in the IBM Cloud Migration Factory, IBM services introduced new automation tools to reduce the time of modernizing and moving an organization’s data, infrastructure, applications, and workloads.
In January 2019, DXC Technology acquired the service business of EG AS, one of the leading integrators of Microsoft Dynamics 365 in the Nordic region. The acquisition is expected to be completed in March 2019. The combination of EG with the existing DXC Eclipse business will extend DXC’s position as a leading global systems integrator for Microsoft Dynamics.
In October 2017, IBM announced 2 new services for enterprises to move their data and applications to the cloud. These 2 services named IBM Cloud Migration Services and IBM Cloud Deployment Services help enterprises migrate their existing workloads to the public cloud, more easily and cost-effectively.
In May 2016, Microsoft and SAP partnered to accelerate Microsoft’s digital transformation on the cloud. As per the partnership, Microsoft would deploy SAP HANA on Azure, which would enable new deployment options, and cloud integration and migration from SAP and Office 365.
In May 2016, AWS and Salesforce entered into an agreement, wherein AWS would offer its cloud platform to deploy core services of Salesforce, such as Sales Cloud, Service Cloud, App Cloud, Community Cloud, and Analytics Cloud. As per the agreement, Salesforce would utilize AWS to help bring new infrastructure online more quickly and efficiently.
In November 2015, Google forged a strategic partnership with CloudEndure, a provider of live migration and disaster recovery solutions, to offer free migration to the GCP. This partnership would help customers migrate from any Windows/Linux machine or platform, delivering quick migrations without any downtime or data loss.
Regions covered By Cloud Migration Market Report 2019 to 2025.
North America, Europe, China, Japan, Southeast Asia, India, North America (USA, Canada, and Mexico) Europe (Germany, France, UK, Russia, and Italy) Asia-Pacific (China, Japan, Korea, India, and Southeast Asia).
Significant Features that are under Offering and Key Highlights of the Reports:
– Detailed overview of Cloud Migration Market
– Changing Cloud Migration market dynamics of the industry
– In-depth market segmentation by Type, Application, etc.
– Historical, current and projected Cloud Migration market size in terms of volume and value
– Recent industry trends and developments
– Competitive landscape of Cloud Migration Market
– Strategies of key players and product offerings
– Potential and niche segments/regions exhibiting promising growth.
The report has 150 tables and figures browse the report description and TOC:
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