Cloud Migration Services Market Size, Share and Forecast 2019-2026

SKU: DIC131 | Last Updated On: 2019-08-22 | No. of Pages: 227 | Available Formats

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In 2018, IBM launched new services to help businesses accelerate the complex process of migrating and modernizing applications to cloud and adopt a hybrid, multi-cloud strategy to speed up their business transformation.

Cloud Migration Services Market

The global cloud migration services market expected to reach $XX billion by 2026, at a CAGR of over 22% during the forecast period. Enhanced business efficiency due to improved IT services offered by cloud computing coupled with introduction of pay-as-you-go model for small and medium enterprises (SMEs) by market players will further boost growth in global cloud migration services market.

Cloud Migration Market

Cloud migration is the process of partially or completely deploying an organization's digital assets, services, IT resources or applications to the cloud. Increasing awareness about business continuity, rising penetration of cloud computing and reducing operational costs are some of the key factors fueling market growth.

The report covers all the major trends and drivers playing a vital role in the growth of the Cloud Migration Services market. The global Cloud Migration Services market has been segmented based on region, deployment, services, and vertical.

Global Cloud Migration Services Market Value (USD Mn), 2018-2026

Market Dynamics

The global cloud migration services market growth is primarily driven by rise in the adoption of hybrid cloud solutions. As the cloud computing market continues to grow, enterprises are exploring different cloud models in search of the right balance of functionality, flexibility and investment protection. Hybrid cloud lets organizations provision, use, and manage IT resources across their on-site data center and a compatible public cloud. Factors such as increased speed of delivery of IT resources to end users, need for improved disaster recovery capabilities, improved resource utilization, and reducing IT capital expenses; are driving organizations to move workloads to hybrid cloud.

In addition, the key role of cloud migration is to host applications and data in the most effective IT environment possible, based on factors such as cost, performance and security. For example, many organizations perform the migration of on-premises applications and data from their local data center to public cloud infrastructure to take advantage of benefits, such as greater elasticity, self-service provisioning, redundancy and a flexible, pay-per-use model. These factors are further expected to drive tremendous growth in global cloud migration services market during the forecast period 2019-2026.

Market Segment Analysis

By deployment, the global cloud migration services market is segmented into public, private, and hybrid. In 2018, public cloud deployment segment accounted for the largest market share in the global market. Cloud technology enables developers to adopt Agile workflows, significantly reducing lead times in testing and deploying new products and releasing product updates. As a public cloud user, organizations aren’t responsible for managing cloud hosting solution. Cloud service provider is responsible for the management and maintenance of the data center(s) in which the data is stored. This means no lengthy procurement processes and no waiting around for operations to install operating system, configure and assemble servers, or establish connectivity.

Global Cloud Migration Services Market, By Deployment, 2018 (% share)

By services, the global cloud migration services market is segmented into professional services (automation & integration, support & maintenance, disaster recovery, training & consulting) and managed services. The enterprises, which are adopting cloud migration services, are increasingly inclined toward deploying cloud-based solutions to run their critical business functions. In 2018, professional services held the majority share in the market. Disaster recovery sub-segment is expected to boost segment growth over the forecast period. Cloud disaster recovery (cloud DR) is a backup and restores strategy that involves storing and maintaining copies of electronic records in a cloud computing environment as a security measure. Generally, cloud providers charge for storage on a pay-per-use model, based on capacity, bandwidth or seat.

Regional Analysis

By geography, the global Cloud Migration Services Market is segmented into North America, Asia-Pacific (APAC), Europe, South America, and the Middle East and Africa (MEA).

In 2018, North America accounted for the largest market share. However, APAC is expected to witness a higher CAGR than other regions during the forecast period. North America is a matured market in terms of cloud adoption, due to various factors, such as standards, regulations, advanced IT infrastructure, the presence of a large number of enterprises, and the availability of proficient technical expertise. Therefore, North America is expected to grow at a steady and maintain its dominant position in global market over the period.

APAC cloud migration services market is expected to grow exponentially over the forecast period due to an increased demand for cloud computing among small and medium-sized enterprises (SMEs). Countries like Singapore, which has seen ICT infrastructure as a key enabler in boosting the overall competitiveness in the region, based on creating new industries and new businesses, thereby encouraging economic growth. The city-state boasts a prime position among its neighbors’ when it comes to cloud computing adoption. In India, At present, it does not have a mature ecosystem that supports cloud IaaS services. A few players from the service provider segment such as Tata Communications, Wipro and NetMagic have services that are likely to evolve into more stable cloud offerings.

Global Cloud Migration Services Market, by Region, 2018 (% share)

Competitive Analysis

Global Cloud Migration Services Market is fragmented with the presence of global and regional players in the market. Major players with prominent shares in the market are focusing on expanding their customer base across foreign countries. These companies are leveraging on strategic collaborative initiatives to increase their market shares and profitability.

Some major players in the market are Cisco Systems, Amazon.com, Microsoft Corporation, IBM Corporation, Accenture, Tech Mahindra, NTT DATA, Inc., Vmware, Inc., WSM International LLC, RiverMeadow Software, Inc., and among others. These players have adopted various strategies, such as new product/service developments, mergers and acquisitions, collaborations, and partnerships, to expand their presence in the global cloud migration services market.

For instance, In February 2019, Wipro Limited launched QuMiC (Quick Migration to Cloud), a comprehensive platform designed to transform the way organizations migrate to Oracle Cloud. Using QuMiC, Wipro and Oracle aim to simplify and accelerate the journey to Oracle Cloud for their customers. Wipro is a Platinum level member of Oracle PartnerNetwork (OPN).

In July 2019, NTT DATA Services, announced it has become a Google Cloud Premier Partner, the highest status a Google Cloud partner can achieve. This milestone is a result of a multi-year collaboration and joint cloud investments between the two companies, as well as NTT DATA demonstrating a high level of competency with Google Cloud products.

Cloud Migration Services Market

Why Purchase the Report?

  • Identify new growth opportunities with In-depth insights for strategic business plans and design innovative strategies for sustainable growth.
  • Comprehensive details on factors that will drive or challenge the growth of market players.
  • Deep Sector-Specific Intelligence
  • Attractiveness and consumer behavior analysis for every region
  • Highlights of the competitive landscape

Target Audience:

  • Training and consulting service providers
  • Cloud migration services vendors
  • Cloud service providers
  • Telecom service providers
  • System integrators
  • Cloud service providers
  • Government agencies
  • Managed service providers

Cloud Migration Services Market

  1.  Cloud Migration Services Market Methodology and Scope
    1. Research Methodology
    2. Research Objective and Scope of the Report
  2.  Cloud Migration Services Market – Market Definition and Overview
  3.  Cloud Migration Services Market – Executive Summary
    1. Market Snippet by Deployment
    2. Markey Snippet by Services
    3. Market Snippet by Vertical
    4. Market Snippet by Region
  4.  Cloud Migration Services Market Dynamics
    1. Market Impacting Factors
      1. Drivers
        1. Rise in the adoption of hybrid cloud solutions
      2. Restraints
        1. Complexities in redesigning networks for the cloud
  5.  Cloud Migration Services Market – Industry Analysis
    1. Porter's Five Forces Analysis
    2. Impact Analysis
    3. Supply Chain Analysis
  6.  Cloud Migration Services Market – By Deployment
    1. Introduction
      1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Deployment
      2. Market Attractiveness Index, By Deployment
    2. Public Cloud*
      1.  Introduction
      2. Market Size Analysis, and Y-o-Y Growth Analysis (%)
    3. Private Cloud
    4. Hybrid Cloud
  7.  Cloud Migration Services Market – By Services
    1. Introduction
      1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By End-User Industry
      2. Market Attractiveness Index, By End-User Industry
    2. Professional Services*
      1. Introduction
      2. Market Size Analysis, and Y-o-Y Growth Analysis (%)
        1. Automation & integration
        2. Support & maintenance
        3. Disaster recovery
        4. Training & consulting
    3. Managed Services
  8.  Cloud Migration Services Market – By Vertical
    1. Introduction
      1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Function
      2. Market Attractiveness Index, By Function
    2. BFSI*
      1. Introduction
      2. Market Size Analysis, and Y-o-Y Growth Analysis (%)
    3. Healthcare & Life sciences
    4. Telecommunications and ITES
    5. Consumer Goods and Retail
    6. Government and Public sector
    7. Others
  9.  Cloud Migration Services Market – By Region
    1. Introduction
      1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Region
      2. Market Attractiveness Index, By Region
    2. North America
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Deployment
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Services
      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Vertical
      6. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
        1. The U.S.
        2. Canada
        3. Mexico
    3. Europe
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Deployment
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Services
      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Vertical
      6. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
        1. Germany
        2. The U.K.
        3. France
        4. Rest of Europe
    4. South America
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Deployment
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Services
      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Vertical
      6. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
        1. Brazil
        2. Argentina
        3. Rest of South America
    5. Asia Pacific
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Deployment
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Services
      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Vertical
      6. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
        1. China
        2. Japan
        3. South Korea
        4. Rest of Asia Pacific
    6. The Middle East and Africa
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Deployment
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Services
      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Vertical
  10. Cloud Migration Services Market – Competitive Landscape
      1. Competitive Scenario
      2. Market Positioning/Share Analysis
      3. Mergers and Acquisitions Analysis
  11. Company Profiles
    1. Amazon.com, Inc. (AWS)*
      1. Company Overview
      2. Product Portfolio and Description
      3. Key Highlights
      4. Financial Overview
    2. Cisco Systems
    3. Microsoft Corporation
    4. IBM Corporation
    5. Accenture
    6. Tech Mahindra
    7. NTT DATA, Inc.
    8. Vmware, Inc.
    9. WSM International LLC
    10. RiverMeadow Software, Inc.
  12. Cloud Migration Services Market – Premium Insights
  13. Cloud Migration Services Market – DataM
    1. Appendix
    2. About Us and Services
    3. Contact Us

 

List of Tables

Table 01 Global Cloud Migration Services Market Value, By Deployment, 2018,2022 & 2026 ($ Million)

Table 02 Global Cloud Migration Services Market Value, By Services, 2018,2022 & 2026 ($ Million)

Table 03 Global Cloud Migration Services Market Value, By Vertical, 2018,2022 & 2026 ($ Million)

Table 04 Global Cloud Migration Services Market Value, By Region, 2018,2022 & 2026 ($ Million)

Table 05 Global Cloud Migration Services Market Value, By Deployment, 2018,2022 & 2026 ($ Million)

Table 06 Global Cloud Migration Services Market Value, By Deployment, 2017-2026 ($ Million)

Table 07 Global Cloud Migration Services Market Value, By Services, 2018,2022 & 2026 ($ Million)

Table 08 Global Cloud Migration Services Market Value, By Services, 2017-2026 ($ Million)

Table 09 Global Cloud Migration Services Market Value, By Vertical, 2018,2022 & 2026 ($ Million)

Table 10 Global Cloud Migration Services Market Value, By Vertical, 2017-2026 ($ Million)

Table 11 Global Cloud Migration Services Market Value, By Region, 2018,2022 & 2026 ($ Million)

Table 12 Global Cloud Migration Services Market Value, By Region, 2017-2026 ($ Million)

Table 13 North America Cloud Migration Services Market Value, By Deployment, 2017-2026 ($ Million)

Table 14 North America Cloud Migration Services Market Value, By Services, 2017-2026 ($ Million)

Table 15 North America Cloud Migration Services Market Value, By Vertical, 2017-2026 ($ Million)

Table 16 North America Cloud Migration Services Market Value, By Country, 2017-2026 ($ Million)

Table 17 South America Cloud Migration Services Market Value, By Deployment, 2017-2026 ($ Million)

Table 18 South America Cloud Migration Services Market Value, By Services, 2017-2026 ($ Million)

Table 19 South America Cloud Migration Services Market Value, By Vertical, 2017-2026 ($ Million)

Table 20 South America Cloud Migration Services Market Value, By Country, 2017-2026 ($ Million)

Table 21 Europe Cloud Migration Services Market Value, By Deployment, 2017-2026 ($ Million)

Table 22 Europe Cloud Migration Services Market Value, By Services, 2017-2026 ($ Million)

Table 23 Europe Cloud Migration Services Market Value, By Vertical, 2017-2026 ($ Million)

Table 24 Europe Cloud Migration Services Market Value, By Country, 2017-2026 ($ Million)

Table 25 Asia-Pacific Cloud Migration Services Market Value, By Deployment, 2017-2026 ($ Million)

Table 26 Asia-Pacific Cloud Migration Services Market Value, By Services, 2017-2026 ($ Million)

Table 27 Asia-Pacific Cloud Migration Services Market Value, By Vertical, 2017-2026 ($ Million)

Table 28 Asia-Pacific Cloud Migration Services Market Value, By Country, 2017-2026 ($ Million)

Table 29 Middle East & Africa Cloud Migration Services Market Value, By Deployment, 2017-2026 ($ Million)

Table 30 Middle East & Africa Cloud Migration Services Market Value, By Services, 2017-2026 ($ Million)

Table 31 Middle East & Africa Cloud Migration Services Market Value, By Vertical, 2017-2026 ($ Million)

Table 32 Amazon.com, Inc. (AWS): Overview

Table 33 Amazon.com, Inc. (AWS): Product Portfolio

Table 34 Amazon.com, Inc. (AWS): Key Developments

Table 35 Cisco Systems: Overview

Table 36 Cisco Systems: Product Portfolio

Table 37 Cisco Systems: Key Developments

Table 38 Microsoft Corporation: Overview

Table 39 Microsoft Corporation: Product Portfolio

Table 40 Microsoft Corporation: Key Developments

Table 41 IBM Corporation: Overview

Table 42 IBM Corporation: Product Portfolio

Table 43 IBM Corporation: Key Developments

Table 44 Accenture: Overview

Table 45 Accenture: Product Portfolio

Table 46 Accenture: Key Developments

Table 47 Tech Mahindra: Overview

Table 48 Tech Mahindra: Product Portfolio

Table 49 Tech Mahindra: Key Developments

Table 50 NTT DATA, Inc.: Overview

Table 51 NTT DATA, Inc.: Product Portfolio

Table 52 NTT DATA, Inc.: Key Developments

Table 53 Vmware, Inc.: Overview

Table 54 Vmware, Inc.: Product Portfolio

Table 55 Vmware, Inc.: Key Developments

Table 56 WSM International LLC: Overview

Table 57 WSM International LLC: Product Portfolio

Table 58 WSM International LLC: Key Developments

Table 59 RiverMeadow Software, Inc.: Overview

Table 60 RiverMeadow Software, Inc.: Product Portfolio

Table 61 RiverMeadow Software, Inc.: Key Developments

List of Figures

Figure 01 Global Cloud Migration Services Market Share, By Deployment, 2018 & 2026 (%)

Figure 02 Global Cloud Migration Services Market Share, By Services, 2018 & 2026 (%)

Figure 03 Global Cloud Migration Services Market Share, By Vertical, 2018 & 2026 (%)

Figure 04 Global Cloud Migration Services Market Share, By Region, 2018 & 2026 (%)

Figure 05 Global Cloud Migration Services Market Value, 2017-2026 ($ Million)

Figure 06 Global Cloud Migration Services Market Y-o-Y Growth, By Deployment, 2018-2026 (%)

Figure 07 Public Cloud: Global Cloud Migration Services Market Value, 2017-2026 ($ Million)

Figure 08 Private Cloud: Global Cloud Migration Services Market Value, 2017-2026 ($ Million)

Figure 09 Hybrid Cloud: Global Cloud Migration Services Market Value, 2017-2026 ($ Million)

Figure 10 Global Cloud Migration Services Market Y-o-Y Growth, By Services, 2018-2026 (%)

Figure 11 Professional Services: Global Cloud Migration Services Market Value, 2017-2026 ($ Million)

Figure 12 Managed Services: Global Cloud Migration Services Market Value, 2017-2026 ($ Million)

Figure 13 Global Cloud Migration Services Market Y-o-Y Growth, By Vertical, 2018-2026 (%)

Figure 14 BFSI: Global Cloud Migration Services Market Value, 2017-2026 ($ Million)

Figure 15 Healthcare & Life sciences : Global Cloud Migration Services Market Value, 2017-2026 ($ Million)

Figure 16 Telecommunications and ITES: Global Cloud Migration Services Market Value, 2017-2026 ($ Million)

Figure 17 Consumer Goods and Retail: Global Cloud Migration Services Market Value, 2017-2026 ($ Million)

Figure 18 Government and Public sector: Global Cloud Migration Services Market Value, 2017-2026 ($ Million)

Figure 19 Others: Global Cloud Migration Services Market Value, 2017-2026 ($ Million)

Figure 20 Global Cloud Migration Services Market Y-o-Y Growth, By Region, 2018-2026 (%)

Figure 21 North America Cloud Migration Services Market Value, 2017-2026 ($ Million)

Figure 22 North America Cloud Migration Services Market Share, By Deployment, 2018 & 2026 (%)

Figure 23 North America Cloud Migration Services Market Share, By Services, 2018 & 2026 (%)

Figure 24 North America Cloud Migration Services Market Share, By Vertical, 2018 & 2026 (%)

Figure 25 North America Cloud Migration Services Market Share, By Country, 2018 & 2026 (%)

Figure 26 South America Cloud Migration Services Market Value, 2017-2026 ($ Million)

Figure 27 South America Cloud Migration Services Market Share, By Deployment, 2018 & 2026 (%)

Figure 28 South America Cloud Migration Services Market Share, By Services, 2018 & 2026 (%)

Figure 29 South America Cloud Migration Services Market Share, By Vertical, 2018 & 2026 (%)

Figure 30 South America Cloud Migration Services Market Share, By Country, 2018 & 2026 (%)

Figure 31 Europe Cloud Migration Services Market Value, 2017-2026 ($ Million)

Figure 32 Europe Cloud Migration Services Market Share, By Deployment, 2018 & 2026 (%)

Figure 33 Europe Cloud Migration Services Market Share, By Services, 2018 & 2026 (%)

Figure 34 Europe Cloud Migration Services Market Share, By Vertical, 2018 & 2026 (%)

Figure 35 Europe Cloud Migration Services Market Share, By Country, 2018 & 2026 (%)

Figure 36 Asia-Pacific Cloud Migration Services Market Value, 2017-2026 ($ Million)

Figure 37 Asia-Pacific Cloud Migration Services Market Share, By Deployment, 2018 & 2026 (%)

Figure 38 Asia-Pacific Cloud Migration Services Market Share, By Services, 2018 & 2026 (%)

Figure 39 Asia-Pacific Cloud Migration Services Market Share, By Vertical, 2018 & 2026 (%)

Figure 40 Asia-Pacific Cloud Migration Services Market Share, By Country, 2018 & 2026 (%)

Figure 41 Middle East & Africa Cloud Migration Services Market Value, 2017-2026 ($ Million)

Figure 42 Middle East & Africa Cloud Migration Services Market Share, By Deployment, 2018 & 2026 (%)

Figure 43 Middle East & Africa Cloud Migration Services Market Share, By Services, 2018 & 2026 (%)

Figure 44 Middle East & Africa Cloud Migration Services Market Share, By Vertical, 2018 & 2026 (%)

Figure 45 Amazon.com, Inc. (AWS): Financials

Figure 46 Cisco Systems: Financials

Figure 47 Microsoft Corporation: Financials

Figure 48 IBM Corporation: Financials

Figure 49 Accenture: Financials

Figure 50 Tech Mahindra: Financials

Figure 51 NTT DATA, Inc.: Financials

Figure 52 Vmware, Inc.: Financials

Figure 53 WSM International LLC: Financials

Figure 54 RiverMeadow Software, Inc.: Financials

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