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2023 Cloud Migration Services Market: In-Depth Analysis Of Industry Share, Size, Growth And Outlook Up To 2032
Cloud Migration Services Market
Cloud Migration Services Market Size, Growth Rate, And Forecast
The global cloud migration services market size grew from $171.69 billion in 2022 to $209.81 billion in 2023 at a compound annual growth rate (CAGR) of 22.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The cloud migration services market size is expected to grow to $462.11 billion in 2027 at a CAGR of 21.8%.
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Cloud Migration Services Market Drivers
The rise in the adoption of automation solutions is expected to propel the cloud migration services market. Automation solutions are industrial solutions to replace slow, obsolete manual procedures with technology, programs, robotics, or processes for enhanced efficiency and accuracy. Cloud migration services provide enterprises with the essential tooling, automation, and competence to complete a secure cloud migration.
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Cloud Migration Services Market Segments
1) By Service Type: Application Hosting and Monitoring, Automation and Integration, DevOps, Professional Service, Managed Service, Other Service Types
2) By Enterprise Size: Large Enterprises, Small and Medium Sized Enterprises (SMEs)
3) By Deployment Model: Public Cloud, Private Cloud, Hybrid Cloud
4) By Application: Project Management, Infrastructure Management, Security and Compliance Management, Other Applications
5) By Industry: Banking, Financial Services, and Insurance (BFSI), Information Technology (IT) And Telecommunications, Healthcare, Manufacturing, Retail, Government, Media and Entertainment, and Other Industries
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Cloud Migration Services Market.
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Cloud Migration Services Market Key Players
Major competitors in the Cloud Migration Services Market include Amazon Web Services Inc., Vmware Inc., Cisco Systems Inc., DXC Technology, LLC, Google LLC, IBM Corporation, Microsoft Corporation, Rackspace Hosting Inc., RiverMeadow Software Inc., Informatica LLC, Nippon Telegraph and Telephone Corporation, Oracle Corporation, Flexera, and Cognizant
The Business Research Company's "Global Cloud Migration Services Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Cloud Migration Services Market Include:
1. Executive Summary
2. Cloud Migration Services Market Characteristics
3. Cloud Migration Services Market Trends And Strategies
4. Cloud Migration Services Market - Macro Economic Scenario
5. Cloud Migration Services Market Size And Growth
.......
26. Africa Cloud Migration Services Market
27. Cloud Migration Services Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Cloud Migration Services Market
29. Cloud Migration Services Market Future Outlook and Potential Analysis
30. Appendix
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