Cloud Migration Services Market to 2028 – COVID-19 Impact and Global Analysis – by Service Type (Automation and Integration , Disaster Recovery, Managed Services, Training and Consulting, Support and Maintenance, Others); Deployment (Public Cloud, Private Cloud, Hybrid Cloud); End user (BFSI, IT and Telecom, Government, Retail, Manufacturing, Healthcare, Others) and Geography
Report Code: TIPRE00011521
| No. of Pages: 150
| Category: Technology, Media and Telecommunications
| Status: Upcoming
MARKET OVERVIEW Cloud migration service is a process of transitioning enterprise data, applications, infrastructure, and many other business processes to the cloud, it also used to migrate one cloud platform or service to another. The growing demand for cloud computing due to its lower costs, flexibility, agility, and security significantly driving the growth of the cloud migration services market. Further, the growing adoption of cloud migration services among the medium-sized and larger enterprises to gain operational and economic benefits are also bolster the growth of the cloud migration services market.
MARKET SCOPE The "Global Cloud Migration Services Market Analysis to 2028" is a specialized and in-depth study with a special focus on the global market trend analysis. The report aims to provide an overview of the cloud migration services market with detailed market segmentation by service type, deployment, end user, and geography. The report provides key statistics on the market status of the leading cloud migration services market players and offers key trends and opportunities in the market.
Based on service type, the market is segmented into automation and integration, disaster recovery, managed services, training and consulting, support and maintenance, and others.
Based on deployment, the market is segmented into public cloud, private cloud, and hybrid cloud.
Based on end user, the market is segmented into BFSI, IT and telecom, government, retail, manufacturing, healthcare, and others.
Surge in investment in migration infrastructure to increase business process agility and automation, and growing awareness about business continuity & ROI realization by cloud migration are the major factors contributing to the cloud migration services market growth.
Increasing digitalization, growing automation, and rising need to reduce capital expenditure is triggering the growth of the cloud migration services market.
Legacy application compatibility issues may restraint the growth of the market.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The cloud migration services market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region. The report analyzes factors affecting the market from both the demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social, and technological factors affecting the cloud migration services market in these regions.
IMPACT OF COVID-19 ON CLOUD MIGRATION SERVICES MARKET COVID-19 first began in Wuhan (China) in December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms of confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. The shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in the global market. Few companies have already announced possible delays in product deliveries and slumps in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting business collaborations and partnerships opportunities.
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The report covers key developments in the cloud migration services market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of the business and customer base of market players. The market players from the cloud migration services market are anticipated to have lucrative growth opportunities in the future with the rising demand in the global market. The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the cloud migration services market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
Amazon Web Services, Inc.
Cisco Systems, Inc.
DXC Technology Company
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the existing study.
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The List of Companies
1. Accenture plc 2. Amazon Web Services, Inc. 3. Cisco Systems, Inc. 4. Cognizant 5. DXC Technology 6. Google LLC 7. IBM 8. Microsoft Corporation 9. Rackspace Inc. 10. VMware, Inc