Cloud Migration Services Market Report 2025 (Global Edition)

Global Cloud Migration Services Market Report 2025 Market Size Split by Service (Managed Services, Professional Services, Automation and Integration, Disaster Recovery, Application Hosting and Monito...

Cloud Migration Services Market Report Description

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Competitive Landscape of the Cloud Migration Service Market

Due to the presence of numerous regional and international market participants, the industry has a fragmented competitive landscape. Prominent industry participants are employing tactics including joint ventures, partnerships, and product launches to withstand the fierce competition and grow their companies. 

Recent Developments in the Cloud Migration Service Market

• To achieve technical efficiency and security, Hackensack Meridian Health said in November 2022 that it planned to shift its Epic workloads to Google Cloud.

Source- https://www.hackensackmeridianhealth.org/en/news/2023/10/09/hmhs-cloud-and-data-modernization-with-google-cloud-enhances-patient-care-and-drives-innovation 

• Amazon CloudWatch metrics for data protection jobs may now be centrally accessed in the AWS Backup console as of September 2022, due to AWS Backup.

Source-http://https://aws.amazon.com/about-aws/whats-new/2022/09/aws-backup-amazon-cloudwatch-metrics-console-dashboard/ 

• FCM Bank Malta aims to modernize its core banking system in August 2022 by leveraging DXC Technology and the Temenos Platform.

Source- https://www.temenos.com/news/2022/08/31/fcm-bank-malta-taps-dxc-technology-and-temenos-platform-for-core-banking-system-modernization/ 
 

Top Companies Market Share in Cloud Migration Services Industry: (In no particular order of Rank)

• Amazon Web Services
• Cisco Systems Inc
• DXC Technology Company
• Google LLC
• International Business Machines Corporation
• Microsoft Corporation
• NTT Data Corporation
• Rackspace Hosting Inc
• Rivermeadow Software Inc
• Vmware Inc.
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

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The largest market participant worldwide, Europe is anticipated to expand at a rapid rate of growth over the projection period. The European market for cloud migration services includes the UK, France, Germany, Russia, Italy, and the rest of Europe. The European region is adopting multi-cloud and hybrid cloud setups at an increasing rate as global cloud service providers grow their operations there. A greater number of people are using cloud communications to provide a more flexible communication environment, which is one of the factors driving the growth of the Europe cloud migration services market. 

Over the course of the forecast period, North America is anticipated to increase at a rapid CAGR. When it comes to cloud migration services, North America includes both the United States and Canada. North America is one of the biggest markets for cloud migration services because of the substantial presence of several huge industries. It is expected that North America would set the standard for creating and executing cloud migration services because it was among the first regions to adopt cloud computing services. This region has shown a readiness to use this technology in all sectors of the economy. This technique has already been used by the IT sector. The growing healthcare sector in North America presents a profitable opportunity for cloud computing services. 
 

The current report Scope analyzes Cloud Migration Services Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

Cloud Migration Services Market Analysis

The market's largest contributor, managed services, is anticipated to expand at a fast compound annual growth rate (CAGR) throughout the forecast period. The managed services category includes PaaS, IaaS, and SaaS. Managed services include all components of a solution bundle as well as a specially designed program made to meet needs. The solution is carefully planned, deployed, and configured owing to implementation services. The increasing requirement to gather data at every stage of its lifecycle—from conception and storage to timely archiving—also drives demand for managed cloud migration services. Worldwide access to server resources and easier access to system and application framework administration are the primary drivers driving the growth of software as a service in cloud computing. 

Cloud management solutions support disaster recovery and contingency planning, along with performance management, auditing, and security. Multi-service packs and multi-layered services are two examples of cloud security solutions. Primary consulting services assist businesses with feasibility studies, cloud infrastructure designs, and networking architecture for public cloud services such as security groups, VPCs, VPNs, and ACLs. 

• Managed Services
• Professional Services
• Automation and Integration
• Disaster Recovery
• Application Hosting and Monitoring
• DevOps
• Training and Consulting
• Support and Maintenance
   

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Cloud Migration Services Industry. Request a Free Sample PDF!

The sector with the biggest market share in 2023 was infrastructure management. A collection of practices known as infrastructure management helps organizations set up the production environment, manage release schedules, and configure their infrastructure. For businesses that provide enterprise-grade VoIP solutions, cloud services are mostly used for infrastructure administration. It is projected that the growing need for agile infrastructure development projects will drive market growth.

Businesses and organizations nowadays carry out a lot of tasks as projects. Applications for cloud-based project management are widely used because they offer increased transparency throughout a project. The primary drivers of the project management application segment's growth are the increased demand for automated solutions to track the development state of business transformation services and the need to monitor these services. Software development is not the only application for project management systems; transformation and migration initiatives are also included. 

• Project Management
• Infrastructure Management
• Security and Compliance Management
• Others
   

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Cloud Migration Services Organization Size Segment Analysis

The market was primarily driven by the large enterprise segment. Large firms have continuously benefited from successful industrial interoperability, modularity, and revolutions as sources of competitive advantage. Cloud platform solutions are being used by large enterprises as a means of staying relevant in the digital age. These solutions are more beneficial than just tackling pressing business problems. Furthermore, they improve the effectiveness of applications by acting as springboards for further growth.

Cloud services are being used by small and medium-sized organizations (SMEs) more frequently as a means of securing their operations and avoiding security risks and IT complexity. As SMEs grow increasingly adept at managing and implementing infrastructure and apps, they look for ways to provide them a competitive advantage over rivals. Modern technologies are being used by SMEs to keep their business operations productive and economical. 
 

• Large Enterprises
• Small and Medium Enterprises

Cloud Migration Services Deployment Segment Analysis

The market share leader, public cloud, is anticipated to expand at a fast compound annual growth rate (CAGR) throughout the projection period. A network or collection of computers connected to the core cloud computing concept is called a public cloud. Service providers in the public cloud can supply physical resources via the internet, such as software and data storage. Because the services are provided by third parties, public clouds have lower costs. The necessity for public cloud computing has grown dramatically due to the rise in service elasticity requirements. Businesses can also save extra expenses by utilizing public clouds as they just have to pay for the resources they need. This advantage significantly drives the cloud migration services market. 

Both private and public cloud functions are available in a hybrid cloud. For its operational database, a company might establish a private cloud; for general data, web server services could be utilized. Two benefits of hybrid clouds are network optimization and capacity expansion. A platform for both private and public use is provided by the hybrid cloud. Combining the public and private clouds has benefits for enterprises. 
 

• Public Cloud
• Private Cloud
• Hybrid Cloud

Cloud Migration Services Industry Segment Analysis

The market was particularly influenced by the BFSI segment. Due to the current surge in mobile commerce, over a billion users use online banking services daily worldwide. Large volumes of data have been produced as a result, which banks and other financial services companies can use to track and predict opportunities and trends. Banks need to move to the cloud to implement advanced customer intelligence technologies that enhance their interactions with customers. The need for security and risk management is growing, which is driving the BFSI sector's adoption of cloud migration. 

To manage and deliver services, telecom companies generally rely on a large computing infrastructure that runs a variety of apps. To become less dependent on internal computer resources, telecom and IT service providers are migrating to the cloud. One of the main reasons for cloud migration in the IT and telecom sectors is the mobile revolution. 
 

• BFSI
• Manufacturing
• Healthcare and Life Sciences
• IT and Telecommunications
• Consumer Goods and Retail
• Government and Public Sector
• Media and Entertainment
• Others

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Vinayak Bali

Senior Research Analyst at Cognitive Market Research

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