The cloud migration services market is expected to grow at a CAGR of 24% during the forecast period. Increasing adoption of cloud computing, drivers.2, and drivers.3 are some of the significant factors fueling cloud migration services market growth.
Increasing adoption of cloud computing
Market definition
Cloud migration services help in moving infrastructure, applications, and business processes of an organization to the cloud, thus freeing the infrastructure. Cloud migration is necessary to bridge the gap between the business demand and the IT capacity.
The report covers the present scenario and the growth prospects of the global cloud migration services market for the period 2020-2024. To calculate the market size, the report considers the overall demand for cloud solutions in three segments: public cloud, private cloud, and hybrid cloud. The market is segmented into the Americas, EMEA, and APAC based on the geography
Objective
To provide actionable intelligence alongside the market size of various segments
To detail the major factors influencing the market (drivers, opportunities, industry specific challenges, and other critical issues)
To determine the geographic breakdown of the market in terms of detailed analysis and impact
To analyze business dimensions with an eye on individual growth trends and contribution of upcoming market segments
To track the competitive landscape of the market
Notes and caveats
Market size has been derived based on demand.
Market forecast does not take inflation into consideration.
Selling price has been considered for market analysis. Selling price refers to the price at which manufacturers or service providers sell their products or services.
For readability, all figures have been rounded off as necessary. Therefore, the numbers presented throughout this report may not add up precisely to the totals provided.
The key vendors in the global the global cloud migration services market have been identified based on customer base, market experience, service portfolio, geographical presence, and revenue.