Business

An Above Average CAGR Estimated to be Maintained by Cloud Migration Services Market During 2017 – 2025

Press Release

A number of enterprises from different industries have started understanding and adopting advanced technologies pertaining to IT. One of the most popular trend amongst these are enterprises migrating to cloud. Cloud computing helps enterprises serve their customers via internet, at the same time offering a flexible and cost friendly alternative. However, before migrating to cloud, enterprises need to thoroughly analyse and understand the different aspects of cloud migration, such as financial, security, and technical aspects.

Cloud Migration Services Market: Drivers and Restraints

Cloud migration is becoming popular amongst SMEs as well as large enterprises owing to the fact that it offers a cost-effective alternative and business agility. Moreover, cloud computing enables enterprises to offer improved IT services in a shorter duration of time, hence enhancing business efficiency. Furthermore, many could service providers are introducing new payment schemes, such as pay-as-you-go model, in order to promote cloud services amongst SMEs. These factors are expected to significantly drive the growth of cloud migration services market. However, many enterprises are reluctant to migrate to cloud as they associate cloud migration services with increase in expenditure, such as those pertaining to licensing and the dismissal of existing data centers. These are a few factors that are expected to act as restrain for cloud migration services market.

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Cloud Migration Services Market: Segmentation

The market for cloud migration services can be segmented on the basis of types of cloud servers, type of cloud computing models, end users, and region. Types of cloud servers include public, private, and hybrid cloud servers. Cloud migration services can be further segmented on the basis of cloud computing models as SaaS, PaaS and IaaS. On the basis of end users, the market is segmented into SMEs and large enterprises. On the basis of region, the market is segmented into North America, Latin America, Europe, Asia Pacific excluding Japan, Japan and Middle East and Africa.

Cloud Migration Services Market: Regional Outlook

North America is expected to dominate cloud migration services market, owing to their developed IT and telecommunications infrastructure, followed by Western Europe. However, cloud migrations services market in Asia Pacific excluding Japan and Japan are expected to witness rapid growth owing to the increasing number of SMEs in these regions and increasing penetration of advanced technologies.

Cloud Migration Services Market: Competition Landscape

Some of the key players in cloud migration services market include Microsoft Corporation, IBM Corporation, Amazon Web Services, Inc. and Cognizant Technology Solutions Corp. among others. Majority of the players follow business strategies such as merger and acquisition, price differentiation, product introduction and partnerships to gain a competitive edge.

The report covers exhaustive analysis on:

  • Cloud Migration Services Market Segments
  • Cloud Migration Services Market Dynamics
  • Historical Actual Market Size, 2013 – 2015
  • Cloud Migration Services Market Size & Forecast 2016 to 2026
  • Supply & Demand Value Chain
  • Cloud Migration Services Market Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain
  • Cloud Migration Services Market Drivers and Restraints

Regional analysis for Cloud Migration Services Market includes

  • North America
    • US & Canada
  • Latin America
    • Brazil, Argentina & Others
  • Western Europe
    • EU5
    • Nordics
    • Benelux
  • Eastern Europe
    • Russia
    • Poland
    • Rest of Eastern Europe
  • Asia Pacific excluding Japan
    • Australia and New Zealand (ANZ)
    • Greater China
    • India
    • ASEAN
    • Rest of Asia Pacific
  • Japan
  • Middle East and Africa
    • GCC Countries
    • Other Middle East
    • North Africa
    • South Africa
    • Other Africa

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The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics of the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and product offerings
  • Potential and niche segments/regions exhibiting promising growth
  • A neutral perspective towards market performance
  • Must-have information for market players to sustain and enhance their market footprint