조사회사 : MarketsandMarkets (마켓츠앤마켓츠) 출판년월 : 2024년02월
Cloud Migration Services Market – Global Forecast to 2028
클라우드 마이그레이션 서비스 시장 : 오퍼링(서비스 유형(평가 및 계획, 관리형 클라우드), 배포 모드), 애플리케이션(SCM, BI 및 분석), 마이그레이션 유형(인프라, 데이터 마이그레이션), 산업 및 지역별 – 2028년까지의 세계 예측
Cloud Migration Services Market by Offering (Service Type (Assessment & Planning, Managed Cloud), Deployment Mode), Application (SCM, BI & Analytics), Migration Type (Infrastructure, Data Migration), Vertical and Region – Global Forecast to 2028
| 페이지 수 | 288 |
| 도표 수 | 271 |
| 구성 | 영문조사보고서 |
| 가격 |
Report Overview
The cloud migration services market is projected to grow from USD 10.2 billion in 2023 to USD 29.2 billion by 2028, at a compound annual growth rate (CAGR) of 23.3% during the forecast period.
클라우드 마이그레이션 서비스 시장은 예측 기간 동안 연평균 복합 성장률(CAGR) 23.3%로 2023년 102억 달러에서 2028년 292억 달러로 성장할 것으로 예상됩니다.
The market is anticipated to grow due to the increasing demand for better agility and automation, the requirement for swifter and seamless deployment, and seamless integration and compatibility of enterprise applications with the developing landscape of cloud technology to drive market growth.
“By service type, data migration & management segment to register for fastest growing CAGR during the forecast period.”
Data migration and management services encompass a range of services that serve specific purposes in handling data throughout the lifecycle. These services are fundamental for organizations that ensure seamless, secure, and efficient data operations. These data migration and management services collectively contribute to the effective handling, movement, and utilization of data in alignment with organizational objectives, data governance, and industry best practices.
“By migration type, data migration to witness the largest market size during the forecast period.”
The role of data migration in cloud migration services is crucial for a successful and efficient transition to cloud environments. It ensures that data is securely and accurately moved to the cloud, allowing organizations to leverage the benefits of cloud computing, such as scalability, flexibility, and cost-effectiveness. Moreover, data migration supports analytics and machine learning, while email migration facilitates scalable collaboration.
“By region, Asia Pacific to register for the highest CAGR during the forecast period.” The cloud migration services industry in Asia Pacific is undergoing a major transformation as a result of the adoption of cloud technology. Increased digital transformation initiatives among enterprises in countries like India, China, Japan, and Southeast Asian nations are driving the adoption of cloud migration services in the market. The shift to remote work, accelerated by the global pandemic, has driven organizations to adopt cloud solutions for better collaboration, communication, and remote access to data and applications. Several governments across the Asia Pacific region have been promoting cloud adoption through various initiatives and policies. These efforts aim to foster innovation, improve public services, and drive economic growth.
Breakdown of primaries
In-depth interviews were conducted with Chief Executive Officers (CEOs), innovation and technology directors, system integrators, and executives from various key organizations operating in the cloud migration services market.
§ By Company: Tier I: 38%, Tier II: 50%, and Tier III: 12%
§ By Designation: C-Level Executives: 35%, D-Level Executives: 40%, and Others: 25%
§ By Region: North America: 40%, Europe: 30%, Asia Pacific: 20%, Latin America-5%, and
Middle East and Africa- 5%,
The report includes the study of key players offering cloud migration services solutions. It profiles major vendors in the cloud migration services market. The major players in the cloud migration services market include IBM (US), AWS (US), Google (US), Microsoft (US), Oracle (US), SAP (Germany), VMWare (US), Cisco (US), NTT Data (Japan), Accenture (Ireland), Infosys (India), DXC (US), HPE (US), Veritis (US), RiverMeadow (US), Rackspace (US), Informatica (US), WSM (US), and so on.
Research Coverage
The cloud migration services market research study involved extensive secondary sources, directories, journals, and paid databases. Primary sources were mainly industry experts from the core and related industries, preferred cloud migration services providers, third-party service providers, consulting service providers, end users, and other commercial enterprises. In-depth interviews were conducted with various primary respondents, including key industry participants and subject matter experts, to obtain and verify critical qualitative and quantitative information, and assess the market’s prospects.
Key Benefits of Buying the Report
The report would provide the market leaders/new entrants with information on the closest approximations of the revenue numbers for the overall cloud migration services market and its subsegments. It would help stakeholders understand the competitive landscape and gain more insights to position their business and plan suitable go-to-market strategies. It also helps stakeholders understand the market’s pulse and provides them with information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
• Analysis of key drivers (Increasing demand for better agility and automation, requirement for swifter and seamless deployment, and seamless integration and compatibility of enterprise applications with the evolving landscape of cloud technology), restraints (Complexity associated with migrating legacy systems and applications to the cloud, and fear of vendor lock-in), opportunities (Increasing demand for MSPs in transitioning to and managing cloud environments, and high adoption rate of cloud migration services across healthcare vertical), and challenges (Complexities in redesigning networks for the cloud, cloud interoperability, and compliance with stringent regulations).
• Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the cloud migration services market
• Market Development: Comprehensive information about lucrative markets – the report analyses the cloud migration services market across varied regions
• Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the cloud migration services market
• Competitive Assessment: In-depth assessment of market shares, growth strategies and service offerings of leading players including IBM (US), AWS (US), Google (US), Microsoft (US), Oracle (US), SAP (Germany), VMWare (US), Cisco (US), NTT Data (Japan), Accenture (Ireland), Infosys (India), DXC (US), HPE (US), Veritis (US), RiverMeadow (US), Rackspace (US), Informatica (US), WSM (US) among others in the cloud migration services market strategies. The report also helps stakeholders understand the pulse of the cloud migration services market and provides them with information on key market drivers, restraints, challenges, and opportunities.
Table of Contents
1 INTRODUCTION 27
1.1 STUDY OBJECTIVES 27
1.2 MARKET DEFINITION 27
1.2.1 INCLUSIONS AND EXCLUSIONS OF STUDY 28
1.3 MARKET SCOPE 29
1.3.1 MARKET SEGMENTATION 29
1.3.2 REGIONS COVERED 30
1.3.3 YEARS CONSIDERED 30
1.4 CURRENCY 31
1.5 STAKEHOLDERS 31
1.6 SUMMARY OF CHANGES 31
1.6.1 IMPACT OF RECESSION 32
2 RESEARCH METHODOLOGY 33
2.1 RESEARCH DATA 33
FIGURE 1 CLOUD MIGRATION SERVICES MARKET: RESEARCH DESIGN 33
2.1.1 SECONDARY DATA 34
2.1.2 PRIMARY DATA 34
TABLE 1 PRIMARY INTERVIEWS 34
2.1.2.1 Breakup of primary profiles 35
2.1.2.2 Key industry insights 35
2.2 MARKET BREAKDOWN AND DATA TRIANGULATION 36
FIGURE 2 DATA TRIANGULATION 36
2.3 MARKET SIZE ESTIMATION 37
FIGURE 3 CLOUD MIGRATION SERVICES MARKET: TOP-DOWN AND BOTTOM-UP APPROACHES 37
2.3.1 TOP-DOWN APPROACH 37
2.3.2 BOTTOM-UP APPROACH 38
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY – APPROACH 1 (SUPPLY-SIDE): REVENUE FROM SOLUTIONS/SERVICES OF CLOUD MIGRATION SERVICES MARKET 38
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY – APPROACH 2, BOTTOM-UP (SUPPLY-SIDE): COLLECTIVE REVENUE FROM ALL SOLUTIONS/SERVICES OF CLOUD MIGRATION SERVICES MARKET 39
FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY – APPROACH 3, BOTTOM-UP (SUPPLY-SIDE): COLLECTIVE REVENUE FROM ALL SERVICES OF CLOUD MIGRATION SERVICES MARKET 40
FIGURE 7 MARKET SIZE ESTIMATION METHODOLOGY – APPROACH 4, BOTTOM-UP (DEMAND-SIDE): SHARE OF CLOUD MIGRATION SERVICES THROUGH OVERALL CLOUD MIGRATION SERVICES SPENDING 40
2.4 MARKET FORECAST 41
TABLE 2 FACTOR ANALYSIS 41
2.5 RESEARCH ASSUMPTIONS 42
2.6 STUDY LIMITATIONS 44
2.7 IMPLICATIONS OF RECESSION ON CLOUD MIGRATION SERVICES MARKET 44
TABLE 3 IMPACT OF RECESSION ON CLOUD MIGRATION SERVICES MARKET 45
3 EXECUTIVE SUMMARY 46
TABLE 4 CLOUD MIGRATION SERVICES MARKET SIZE AND GROWTH RATE, 2018–2022 (USD MILLION, Y-O-Y %) 47
TABLE 5 CLOUD MIGRATION SERVICES MARKET SIZE AND GROWTH RATE, 2023–2028 (USD MILLION, Y-O-Y %) 47
FIGURE 8 ASSESSMENT & PLANNING SERVICES SEGMENT ACCOUNTED FOR LARGEST MARKET SHARE IN 2023 47
FIGURE 9 PUBLIC CLOUD SEGMENT DOMINATED MARKET IN 2023 48
FIGURE 10 SUPPLY CHAIN MANAGEMENT APPLICATIONS DOMINATED MARKET IN 2023 48
FIGURE 11 DATA MIGRATION SEGMENT ACCOUNTED FOR LARGEST MARKET SHARE IN 2023 49
FIGURE 12 MEDIA & ENTERTAINMENT SEGMENT TO REGISTER HIGHEST GROWTH DURING FORECAST PERIOD 49
FIGURE 13 ASIA PACIFIC TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 50
4 PREMIUM INSIGHTS 51
4.1 ATTRACTIVE OPPORTUNITIES IN CLOUD MIGRATION SERVICES MARKET 51
FIGURE 14 SEAMLESS INTEGRATION & COMPATIBILITY OF ENTERPRISE APPLICATIONS WITH CLOUD TECHNOLOGY TO PROPEL MARKET 51
4.2 OVERVIEW OF RECESSION IN CLOUD MIGRATION SERVICES MARKET 52
FIGURE 15 CLOUD MIGRATION SERVICES MARKET TO WITNESS MINOR DECLINE IN Y-O-Y GROWTH IN 2023 52
4.3 CLOUD MIGRATION SERVICES MARKET: TOP THREE APPLICATIONS 52
FIGURE 16 BI & ANALYTICS SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 52
4.4 NORTH AMERICA: CLOUD MIGRATION SERVICES MARKET, BY DEPLOYMENT MODE AND VERTICAL (2023) 53
FIGURE 17 PUBLIC CLOUD DEPLOYMENT SEGMENT ACCOUNTED FOR LARGEST MARKET SHARE IN 2023 53
4.5 CLOUD MIGRATION SERVICES MARKET SHARE, BY REGION, 2023 53
FIGURE 18 NORTH AMERICA ACCOUNTED FOR LARGEST MARKET SHARE IN 2023 53
5 MARKET OVERVIEW AND INDUSTRY TRENDS 54
5.1 INTRODUCTION 54
5.2 MARKET DYNAMICS 54
FIGURE 19 CLOUD MIGRATION SERVICES MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 55
5.2.1 DRIVERS 55
5.2.1.1 Increasing demand for better agility and automation 55
5.2.1.2 Requirement for swifter and seamless deployment 56
5.2.1.3 Growing need for lesser CAPEX and OPEX 56
5.2.1.4 Seamless integration and compatibility of enterprise applications with evolving landscape of cloud technology 56
5.2.2 RESTRAINTS 57
5.2.2.1 Complexity associated with migrating legacy systems and applications to cloud 57
5.2.2.2 Fear of vendor lock-in 57
5.2.3 OPPORTUNITIES 57
5.2.3.1 Increasing demand for MSPs in transitioning to and managing cloud environments 57
5.2.3.2 High adoption rate of cloud migration services across healthcare vertical 58
5.2.4 CHALLENGES 58
5.2.4.1 Complexities in redesigning networks for cloud 58
5.2.4.2 Cloud interoperability 58
5.2.4.3 Compliance with stringent regulations 58
5.3 CASE STUDY ANALYSIS 59
5.3.1 IBM ORCHESTRATES CO-OPERATIVE BANK’S IT INDEPENDENCE THROUGH SEAMLESS TRANSFORMATION 59
5.3.2 BMG STRATEGICALLY ADOPTS CLOUD MIGRATION WITH GOOGLE AND RACKSPACE TO ADDRESS SCALING CHALLENGES AND EMPOWER ITS DATA-INTENSIVE OPERATIONS 60
5.3.3 FINCAD’S INFRASTRUCTURE GETS MODERNIZED, ENHANCING PERFORMANCE AND PRODUCTIVITY, USING RACKSPACE’S ONICA BY MIGRATING TO AWS 60
5.3.4 FORTUNE 500 ENTERPRISE ACHIEVES PAINLESS OCI GEN2 MIGRATION WITH ZCONVERTER 61
5.3.5 FIRST AID BEAUTY CONQUERS TRAFFIC SPIKES AND AUTOMATES DEPLOYMENTS WITH HIGH-PERFORMANCE, SCALABLE MAGENTO WEBSITE BUILT ON AWS BY WSM 62
5.3.6 STRIKING COST SAVINGS WITH AWS CLOUD MIGRATION 62
5.3.7 INNOVYZE TRANSFORMS WATER OPERATIONS THROUGH SAAS ADVANCEMENT 63
5.3.8 ALCOHOLIC BEVERAGES GIANT ELEVATES DIGITAL MARKETING WITH PUBLIC CLOUD ADOPTION 64
5.3.9 MLB ELEVATING GAME — SHARPER STATS, QUICKER ANALYSIS, AND ADVANCED SCIENCE 64
5.3.10 ZERTO PROTECTS SPIRIT AIRLINES AGAINST HURRICANE IRMA WITH APPLICATION MIGRATION 65
5.4 VALUE CHAIN ANALYSIS 66
FIGURE 20 CLOUD MIGRATION SERVICES MARKET: VALUE CHAIN ANALYSIS 66
5.5 ECOSYSTEM 67
FIGURE 21 CLOUD MIGRATION SERVICES MARKET: ECOSYSTEM 67
5.6 TECHNOLOGY ANALYSIS 68
5.6.1 KEY TECHNOLOGIES 68
5.6.1.1 AI and ML 68
5.6.1.2 Cloud computing 68
5.6.1.3 Software-defined networking and virtual private cloud 68
5.6.2 COMPLEMENTARY TECHNOLOGIES 69
5.6.2.1 Internet of things (IoT) 69
5.6.2.2 Edge computing 69
5.6.2.3 Big data & analytics 69
5.6.2.4 Blockchain 69
5.6.3 ADJACENT TECHNOLOGIES 70
5.6.3.1 RPA 70
5.6.3.2 5G 70
5.6.3.3 AR/VR 70
5.7 INDICATIVE PRICING ANALYSIS 70
TABLE 6 DUPLOCLOUD: INDICATIVE PRICING ANALYSIS OF CLOUD MIGRATION SERVICE VENDORS, BY SERVICE TYPE 71
TABLE 7 AWS: INDICATIVE PRICING ANALYSIS OF CLOUD MIGRATION SERVICE VENDORS, BY SERVICE TYPE 71
5.8 PATENT ANALYSIS 72
FIGURE 22 NUMBER OF PATENTS PUBLISHED, 2013–2023 72
FIGURE 23 TOP FIVE PATENT OWNERS 72
TABLE 8 TOP 10 PATENT APPLICANTS (US) 73
5.9 PORTER’S FIVE FORCES ANALYSIS 74
FIGURE 24 CLOUD MIGRATION SERVICES MARKET: PORTER’S FIVE FORCES ANALYSIS 74
TABLE 9 PORTER’S FIVE FORCES IMPACT ON CLOUD MIGRATION SERVICES MARKET 74
5.9.1 THREAT OF NEW ENTRANTS 75
5.9.2 THREAT OF SUBSTITUTES 75
5.9.3 BARGAINING POWER OF SUPPLIERS 75
5.9.4 BARGAINING POWER OF BUYERS 75
5.9.5 INTENSITY OF COMPETITIVE RIVALRY 76
5.10 REGULATORY LANDSCAPE 76
5.10.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 76
TABLE 10 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 76
TABLE 11 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 77
TABLE 12 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 77
TABLE 13 REST OF THE WORLD: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 78
5.10.2 REGULATIONS 78
5.11 TRENDS/DISRUPTIONS IMPACTING CUSTOMER’S BUSINESS 81
FIGURE 25 REVENUE SHIFT FOR CLOUD MIGRATION SERVICES MARKET 81
5.12 KEY STAKEHOLDERS & BUYING CRITERIA 81
5.12.1 KEY STAKEHOLDERS IN BUYING PROCESS 81
FIGURE 26 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR END USERS 82
TABLE 14 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR END USERS (%) 82
5.12.2 BUYING CRITERIA 82
FIGURE 27 KEY BUYING CRITERIA FOR END USERS 82
TABLE 15 KEY BUYING CRITERIA FOR END USERS 83
5.13 BUSINESS MODEL ANALYSIS 83
5.13.1 PRICING-BASED BUSINESS MODEL 83
5.13.1.1 Fixed price or project-based pricing model 83
5.13.1.2 Subscription-based pricing model 83
5.13.1.3 Customized pricing model 84
5.14 KEY CONFERENCES AND EVENTS 84
TABLE 16 CLOUD MIGRATION SERVICES MARKET: DETAILED LIST OF CONFERENCES AND EVENTS, 2024–2025 84
6 CLOUD MIGRATION SERVICES MARKET, BY OFFERING 85
6.1 INTRODUCTION 86
6.1.1 OFFERING: CLOUD MIGRATION SERVICES MARKET DRIVERS 86
6.2 SERVICES 86
TABLE 17 CLOUD MIGRATION SERVICES MARKET, BY TYPE, 2018–2022 (USD MILLION) 87
TABLE 18 CLOUD MIGRATION SERVICES MARKET, BY TYPE, 2023–2028 (USD MILLION) 87
FIGURE 28 ASSESSMENT & PLANNING SERVICES SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD 88
6.2.1 ASSESSMENT & PLANNING SERVICES 88
6.2.1.1 Rising need to reduce complexities of cloud migration to propel market 88
6.2.1.2 Readiness assessment 89
6.2.1.3 Dependency mapping 89
6.2.1.4 Migration roadmap 89
TABLE 19 ASSESSMENT & PLANNING SERVICES: CLOUD MIGRATION SERVICES MARKET, BY REGION, 2018–2022 (USD MILLION) 89
TABLE 20 ASSESSMENT & PLANNING SERVICES: CLOUD MIGRATION SERVICES MARKET, BY REGION, 2023–2028 (USD MILLION) 90
6.2.2 MIGRATION & DEPLOYMENT SERVICES 90
6.2.2.1 Growing need to optimize cloud infrastructure to drive market 90
6.2.2.2 Lift & shift migration 90
6.2.2.3 DevOps integration 90
TABLE 21 MIGRATION & DEPLOYMENT SERVICES: CLOUD MIGRATION SERVICES MARKET, BY REGION, 2018–2022 (USD MILLION) 91
TABLE 22 MIGRATION & DEPLOYMENT SERVICES: CLOUD MIGRATION SERVICES MARKET, BY REGION, 2023–2028 (USD MILLION) 91
6.2.3 INTEGRATION & CUSTOMIZATION SERVICES 91
6.2.3.1 Assimilation of diverse applications to boost demand 91
6.2.3.2 Application integration 92
6.2.3.3 Customization & configuration 92
6.2.3.4 System interoperability 92
TABLE 23 INTEGRATION & CUSTOMIZATION SERVICES: CLOUD MIGRATION SERVICES MARKET, BY REGION, 2018–2022 (USD MILLION) 92
TABLE 24 INTEGRATION & CUSTOMIZATION SERVICES: CLOUD MIGRATION SERVICES MARKET, BY REGION, 2023–2028 (USD MILLION) 93
6.2.4 DATA MIGRATION & MANAGEMENT SERVICES 93
6.2.4.1 Ability to reduce disruptions and enhance data integration to fuel market 93
6.2.4.2 Data mapping & cleansing 93
6.2.4.3 Large-scale data migration 94
6.2.4.4 Data lifecycle management 94
TABLE 25 DATA MIGRATION & MANAGEMENT SERVICES: CLOUD MIGRATION SERVICES MARKET, BY REGION, 2018–2022 (USD MILLION) 94
TABLE 26 DATA MIGRATION & MANAGEMENT SERVICES: CLOUD MIGRATION SERVICES MARKET, BY REGION, 2023–2028 (USD MILLION) 94
6.2.5 SECURITY & COMPLIANCE SERVICES 95
6.2.5.1 Increasing need for legal & regulatory frameworks to boost demand 95
6.2.5.2 Security assessment & remediation 95
6.2.5.3 Compliance adherence 95
6.2.5.4 Identity and access management (IAM) 95
TABLE 27 SECURITY & COMPLIANCE SERVICES: CLOUD MIGRATION SERVICES MARKET, BY REGION, 2018–2022 (USD MILLION) 96
TABLE 28 SECURITY & COMPLIANCE SERVICES: CLOUD MIGRATION SERVICES MARKET, BY REGION, 2023–2028 (USD MILLION) 96
6.2.6 TRAINING & SUPPORT SERVICES 96
6.2.6.1 Increasing need for expertise and efficient resolutions to support market growth 96
6.2.6.2 User training & adoption 97
6.2.6.3 Ongoing support 97
6.2.6.4 Knowledge transfer 97
TABLE 29 TRAINING & SUPPORT SERVICES: CLOUD MIGRATION SERVICES MARKET, BY REGION, 2018–2022 (USD MILLION) 97
TABLE 30 TRAINING & SUPPORT SERVICES: CLOUD MIGRATION SERVICES MARKET, BY REGION, 2023–2028 (USD MILLION) 98
6.2.7 MANAGED CLOUD SERVICES 98
6.2.7.1 Recurring performance maintenance of cloud infrastructure to fuel market 98
6.2.7.2 Cloud infrastructure management 98
6.2.7.3 Security management 98
6.2.7.4 Performance optimization 98
TABLE 31 MANAGED CLOUD SERVICES: CLOUD MIGRATION SERVICES MARKET, BY REGION, 2018–2022 (USD MILLION) 99
TABLE 32 MANAGED CLOUD SERVICES: CLOUD MIGRATION SERVICES MARKET, BY REGION, 2023–2028 (USD MILLION) 99
6.2.8 OTHER SERVICES 99
TABLE 33 OTHER SERVICES: CLOUD MIGRATION SERVICES MARKET, BY REGION, 2018–2022 (USD MILLION) 100
TABLE 34 OTHER SERVICES: CLOUD MIGRATION SERVICES MARKET, BY REGION, 2023–2028 (USD MILLION) 100
6.3 DEPLOYMENT MODE 100
TABLE 35 CLOUD MIGRATION SERVICES MARKET, BY DEPLOYMENT MODE, 2018–2022 (USD MILLION) 101
TABLE 36 CLOUD MIGRATION SERVICES MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION) 101
FIGURE 29 HYBRID CLOUD SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 101
6.3.1 PUBLIC CLOUD 102
6.3.1.1 Growing need for flexible & scalable cloud resources to drive market 102
TABLE 37 PUBLIC CLOUD: CLOUD MIGRATION SERVICES MARKET, BY REGION, 2018–2022 (USD MILLION) 102
TABLE 38 PUBLIC CLOUD: CLOUD MIGRATION SERVICES MARKET, BY REGION, 2023–2028 (USD MILLION) 102
6.3.2 PRIVATE CLOUD 103
6.3.2.1 Enhanced privacy and control specifications to boost demand 103
TABLE 39 PRIVATE CLOUD: CLOUD MIGRATION SERVICES MARKET, BY REGION, 2018–2022 (USD MILLION) 103
TABLE 40 PRIVATE CLOUD: CLOUD MIGRATION SERVICES MARKET, BY REGION, 2023–2028 (USD MILLION) 103
6.3.3 HYBRID CLOUD 104
6.3.3.1 Ability to integrate cloud models and enhance unified operations to support market growth 104
TABLE 41 HYBRID CLOUD: CLOUD MIGRATION SERVICES MARKET, BY REGION, 2018–2022 (USD MILLION) 104
TABLE 42 HYBRID CLOUD: CLOUD MIGRATION SERVICES MARKET, BY REGION, 2023–2028 (USD MILLION) 104
7 CLOUD MIGRATION SERVICES MARKET, BY APPLICATION 105
7.1 INTRODUCTION 106
7.1.1 APPLICATION: CLOUD MIGRATION SERVICES MARKET DRIVERS 106
FIGURE 30 BUSINESS INTELLIGENCE & ANALYTICS SEGMENT TO WITNESS HIGHEST CAGR DURING FORECAST PERIOD 107
TABLE 43 CLOUD MIGRATION SERVICES MARKET, BY APPLICATION, 2018–2022 (USD MILLION) 107
TABLE 44 CLOUD MIGRATION SERVICES MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 107
7.2 SUPPLY CHAIN MANAGEMENT 108
7.2.1 GROWING FOCUS ON ACCESSIBILITY IMPROVEMENT AND ASSET MANAGEMENT TO DRIVE MARKET 108
7.2.2 ORDER MANAGEMENT 108
7.2.3 INVENTORY MANAGEMENT 108
7.2.4 PROCUREMENT MANAGEMENT 108
7.2.5 LOGISTICS & FULFILMENT MANAGEMENT 108
7.2.6 OTHER SUPPLY CHAIN MANAGEMENT APPLICATIONS 109
TABLE 45 SUPPLY CHAIN MANAGEMENT: CLOUD MIGRATION SERVICES MARKET, BY REGION, 2018–2022 (USD MILLION) 109
TABLE 46 SUPPLY CHAIN MANAGEMENT: CLOUD MIGRATION SERVICES MARKET, BY REGION, 2023–2028 (USD MILLION) 109
7.3 PROJECT MANAGEMENT 110
7.3.1 CONTINUOUS TRACK-FLOW OF GOODS FOR EFFICIENT WORKFLOW TO PROPEL MARKET 110
7.3.2 TASK MANAGEMENT 110
7.3.3 WORKFLOW AUTOMATION 110
7.3.4 ISSUE TRACKING & REPORTING 110
7.3.5 COLLABORATION & COMMUNICATION 110
7.3.6 OTHER PROJECT MANAGEMENT APPLICATIONS 111
TABLE 47 PROJECT MANAGEMENT: CLOUD MIGRATION SERVICES MARKET, BY REGION, 2018–2022 (USD MILLION) 111
TABLE 48 PROJECT MANAGEMENT: CLOUD MIGRATION SERVICES MARKET, BY REGION, 2023–2028 (USD MILLION) 111
7.4 CONTENT MANAGEMENT 112
7.4.1 COLLABORATIVE SHARING OF DIGITAL CONTENT TO BOOST DEMAND 112
7.4.2 CONTENT AUTHORING & PUBLISHING 112
7.4.3 WEBSITE BUILDING & MAINTENANCE 112
7.4.4 USER MANAGEMENT 112
7.4.5 OTHER CONTENT MANAGEMENT APPLICATIONS 113
TABLE 49 CONTENT MANAGEMENT: CLOUD MIGRATION SERVICES MARKET, BY REGION, 2018–2022 (USD MILLION) 113
TABLE 50 CONTENT MANAGEMENT: CLOUD MIGRATION SERVICES MARKET, BY REGION, 2023–2028 (USD MILLION) 113
7.5 DATA WAREHOUSE MANAGEMENT 114
7.5.1 MANAGEMENT OF UNSTRUCTURED DATA WITH FLEXIBLE STORAGE TO SUPPORT MARKET GROWTH 114
7.5.2 PERFORMANCE OPTIMIZATION 114
7.5.3 DATA ANALYTICS 114
7.5.4 DATA INTEGRATION 114
7.5.5 DATA SHARING & COLLABORATION 114
7.5.6 OTHER DATA WAREHOUSE MANAGEMENT APPLICATIONS 115
TABLE 51 DATA WAREHOUSE MANAGEMENT: CLOUD MIGRATION SERVICES MARKET, BY REGION, 2018–2022 (USD MILLION) 115
TABLE 52 DATA WAREHOUSE MANAGEMENT: CLOUD MIGRATION SERVICES MARKET, BY REGION, 2023–2028 (USD MILLION) 115
7.6 BUSINESS INTELLIGENCE & ANALYTICS 116
7.6.1 RISING NEED TO MINIMIZE UNPLANNED DOWNTIME TO BOOST DEMAND 116
7.6.2 DATA VISUALIZATION 116
7.6.3 EMBEDDED ANALYTICS 116
7.6.4 DATA MODELING & PREPARATION 116
7.6.5 SELF-SERVICE ANALYTICS 116
TABLE 53 BUSINESS INTELLIGENCE & ANALYTICS: CLOUD MIGRATION SERVICES MARKET, BY REGION, 2018–2022 (USD MILLION) 117
TABLE 54 BUSINESS INTELLIGENCE & ANALYTICS: CLOUD MIGRATION SERVICES MARKET, BY REGION, 2023–2028 (USD MILLION) 117
7.7 OTHER APPLICATIONS 117
TABLE 55 OTHER APPLICATIONS: CLOUD MIGRATION SERVICES MARKET, BY REGION, 2018–2022 (USD MILLION) 118
TABLE 56 OTHER APPLICATIONS: CLOUD MIGRATION SERVICES MARKET, BY REGION, 2023–2028 (USD MILLION) 118
8 CLOUD MIGRATION SERVICES MARKET, BY MIGRATION TYPE 119
8.1 INTRODUCTION 120
8.1.1 MIGRATION TYPE: CLOUD MIGRATION SERVICES MARKET DRIVERS 120
FIGURE 31 APPLICATION MIGRATION SEGMENT TO REGISTER HIGH GROWTH DURING FORECAST PERIOD 120
TABLE 57 CLOUD MIGRATION SERVICES MARKET, BY MIGRATION TYPE, 2018–2022 (USD MILLION) 121
TABLE 58 CLOUD MIGRATION SERVICES MARKET, BY MIGRATION TYPE, 2023–2028 (USD MILLION) 121
8.2 INFRASTRUCTURE MIGRATION 121
8.2.1 SEAMLESS DATA MANAGEMENT AND INTEGRATION WITH CLOUD SERVICES TO DRIVE MARKET 121
8.2.2 VIRTUAL MACHINES 122
8.2.3 NETWORK CONFIGURATIONS 122
8.2.4 LOGGING INFRASTRUCTURE 122
TABLE 59 INFRASTRUCTURE MIGRATION: CLOUD MIGRATION SERVICES MARKET, BY REGION, 2018–2022 (USD MILLION) 122
TABLE 60 INFRASTRUCTURE MIGRATION: CLOUD MIGRATION SERVICES MARKET, BY REGION, 2023–2028 (USD MILLION) 123
8.3 PLATFORM MIGRATION 123
8.3.1 RISING NEED FOR ADVANCED CLOUD INFRASTRUCTURE TO PROPEL MARKET 123
8.3.2 DATA CENTER 123
8.3.3 DEVOPS AND TESTING 123
8.3.4 ACCESS CONTROL 123
8.3.5 IDENTITY & ACCESS MANAGEMENT (IAM) 124
TABLE 61 PLATFORM MIGRATION: CLOUD MIGRATION SERVICES MARKET, BY REGION, 2018–2022 (USD MILLION) 124
TABLE 62 PLATFORM MIGRATION: CLOUD MIGRATION SERVICES MARKET, BY REGION, 2023–2028 (USD MILLION) 124
8.4 DATA MIGRATION 125
8.4.1 ABILITY TO PREVENT LOSS OF CRITICAL DATASETS TO BOOST DEMAND 125
8.4.2 DATABASES 125
8.4.3 FILE STORAGE 125
TABLE 63 DATA MIGRATION: CLOUD MIGRATION SERVICES MARKET, BY REGION, 2018–2022 (USD MILLION) 125
TABLE 64 DATA MIGRATION: CLOUD MIGRATION SERVICES MARKET, BY REGION, 2023–2028 (USD MILLION) 126
8.5 APPLICATION MIGRATION 126
8.5.1 OPTIMAL FLEXIBILITY AND ENHANCED PERFORMANCE TO DRIVE MARKET 126
8.5.2 WEB APPLICATIONS 126
8.5.3 ENTERPRISE APPLICATIONS 126
8.5.4 CUSTOM APPLICATIONS 126
TABLE 65 APPLICATION MIGRATION: CLOUD MIGRATION SERVICES MARKET, BY REGION, 2018–2022 (USD MILLION) 127
TABLE 66 APPLICATION MIGRATION: CLOUD MIGRATION SERVICES MARKET, BY REGION, 2023–2028 (USD MILLION) 127
8.6 OTHER MIGRATION TYPES 127
TABLE 67 OTHER MIGRATION TYPES: CLOUD MIGRATION SERVICES MARKET, BY REGION, 2018–2022 (USD MILLION) 128
TABLE 68 OTHER MIGRATION TYPES: CLOUD MIGRATION SERVICES MARKET, BY REGION, 2023–2028 (USD MILLION) 128
9 CLOUD MIGRATION SERVICES MARKET, BY VERTICAL 129
9.1 INTRODUCTION 130
9.1.1 VERTICAL: CLOUD MIGRATION SERVICES MARKET DRIVERS 130
FIGURE 32 BFSI SEGMENT WILL CONTINUE TO DOMINATE MARKET DURING FORECAST PERIOD 131
TABLE 69 CLOUD MIGRATION SERVICES MARKET, BY VERTICAL, 2018–2022 (USD MILLION) 131
TABLE 70 CLOUD MIGRATION SERVICES MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 132
9.2 BFSI 132
9.2.1 ROBUST SECURITY MEASURES AND COMPLIANCE WITH INDUSTRY REGULATIONS TO BOOST DEMAND 132
TABLE 71 BFSI: CLOUD MIGRATION SERVICES MARKET, BY REGION, 2018–2022 (USD MILLION) 132
TABLE 72 BFSI: CLOUD MIGRATION SERVICES MARKET, BY REGION, 2023–2028 (USD MILLION) 133
9.3 HEALTHCARE & LIFE SCIENCES 133
9.3.1 IMPROVED ACCESSIBILITY TO REMOTE CARE TO DRIVE MARKET 133
TABLE 73 HEALTHCARE & LIFE SCIENCES: CLOUD MIGRATION SERVICES MARKET, BY REGION, 2018–2022 (USD MILLION) 133
TABLE 74 HEALTHCARE & LIFE SCIENCES: CLOUD MIGRATION SERVICES MARKET, BY REGION, 2023–2028 (USD MILLION) 134
9.4 TELECOM 134
9.4.1 ENHANCED CONNECTIVITY AND REDUCTION IN OPERATIONAL COSTS TO SUPPORT MARKET GROWTH 134
TABLE 75 TELECOM: CLOUD MIGRATION SERVICES MARKET, BY REGION, 2018–2022 (USD MILLION) 134
TABLE 76 TELECOM: CLOUD MIGRATION SERVICES MARKET, BY REGION, 2023–2028 (USD MILLION) 135
9.5 GOVERNMENT & PUBLIC SECTOR 135
9.5.1 STREAMLINED IT INFRASTRUCTURE AND OPTIMAL RESOURCE UTILIZATION TO FUEL MARKET 135
TABLE 77 GOVERNMENT & PUBLIC SECTOR: CLOUD MIGRATION SERVICES MARKET, BY REGION, 2018–2022 (USD MILLION) 135
TABLE 78 GOVERNMENT & PUBLIC SECTOR: CLOUD MIGRATION SERVICES MARKET, BY REGION, 2023–2028 (USD MILLION) 136
9.6 MANUFACTURING 136
9.6.1 CLOUD-BASED DATA ANALYTICS FOR ACTIONABLE INSIGHTS TO SUPPORT MARKET GROWTH 136
TABLE 79 MANUFACTURING: CLOUD MIGRATION SERVICES MARKET, BY REGION, 2018–2022 (USD MILLION) 136
TABLE 80 MANUFACTURING: CLOUD MIGRATION SERVICES MARKET, BY REGION, 2023–2028 (USD MILLION) 137
9.7 RETAIL & CONSUMER GOODS 137
9.7.1 SCALABLE INVENTORY MANAGEMENT WITH EFFICIENT SUPPLY CHAIN OPERATIONS TO BOOST DEMAND 137
TABLE 81 RETAIL & CONSUMER GOODS: CLOUD MIGRATION SERVICES MARKET, BY REGION, 2018–2022 (USD MILLION) 137
TABLE 82 RETAIL & CONSUMER GOODS: CLOUD MIGRATION SERVICES MARKET, BY REGION, 2023–2028 (USD MILLION) 138
9.8 MEDIA & ENTERTAINMENT 138
9.8.1 FACILITATION OF COLLABORATIVE WORKFLOWS TO PROPEL MARKET 138
TABLE 83 MEDIA & ENTERTAINMENT: CLOUD MIGRATION SERVICES MARKET, BY REGION, 2018–2022 (USD MILLION) 138
TABLE 84 MEDIA & ENTERTAINMENT: CLOUD MIGRATION SERVICES MARKET, BY REGION, 2023–2028 (USD MILLION) 139
9.9 AUTOMOTIVE & TRANSPORTATION 139
9.9.1 ABILITY TO HANDLE COMPLEX DATA ANALYTICS AND DESIGN TASKS TO BOOST DEMAND 139
TABLE 85 AUTOMOTIVE & TRANSPORTATION: CLOUD MIGRATION SERVICES MARKET, BY REGION, 2018–2022 (USD MILLION) 139
TABLE 86 AUTOMOTIVE & TRANSPORTATION: CLOUD MIGRATION SERVICES MARKET, BY REGION, 2023–2028 (USD MILLION) 140
9.10 OTHER VERTICALS 140
TABLE 87 OTHER VERTICALS: CLOUD MIGRATION SERVICES MARKET, BY REGION, 2018–2022 (USD MILLION) 140
TABLE 88 OTHER VERTICALS: CLOUD MIGRATION SERVICES MARKET, BY REGION, 2023–2028 (USD MILLION) 141
10 CLOUD MIGRATION SERVICES MARKET, BY REGION 142
10.1 INTRODUCTION 143
FIGURE 33 ASIA PACIFIC TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 143
FIGURE 34 INDIA TO REGISTER HIGHEST GROWTH DURING FORECAST PERIOD 144
TABLE 89 CLOUD MIGRATION SERVICES MARKET, BY REGION, 2018–2022 (USD MILLION) 144
TABLE 90 CLOUD MIGRATION SERVICES MARKET, BY REGION, 2023–2028 (USD MILLION) 144
10.2 NORTH AMERICA 145
10.2.1 NORTH AMERICA: CLOUD MIGRATION SERVICES MARKET DRIVERS 145
10.2.2 NORTH AMERICA: RECESSION IMPACT 145
FIGURE 35 NORTH AMERICA: CLOUD MIGRATION SERVICES MARKET SNAPSHOT 146
TABLE 91 NORTH AMERICA: CLOUD MIGRATION SERVICES MARKET, BY TYPE, 2018–2022 (USD MILLION) 147
TABLE 92 NORTH AMERICA: CLOUD MIGRATION SERVICES MARKET, BY TYPE, 2023–2028 (USD MILLION) 147
TABLE 93 NORTH AMERICA: CLOUD MIGRATION SERVICES MARKET, BY DEPLOYMENT MODE, 2018–2022 (USD MILLION) 147
TABLE 94 NORTH AMERICA: CLOUD MIGRATION SERVICES MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION) 148
TABLE 95 NORTH AMERICA: CLOUD MIGRATION SERVICES MARKET, BY APPLICATION, 2018–2022 (USD MILLION) 148
TABLE 96 NORTH AMERICA: CLOUD MIGRATION SERVICES MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 148
TABLE 97 NORTH AMERICA: CLOUD MIGRATION SERVICES MARKET, BY MIGRATION TYPE, 2018–2022 (USD MILLION) 149
TABLE 98 NORTH AMERICA: CLOUD MIGRATION SERVICES MARKET, BY MIGRATION TYPE, 2023–2028 (USD MILLION) 149
TABLE 99 NORTH AMERICA: CLOUD MIGRATION SERVICES MARKET, BY VERTICAL, 2018–2022 (USD MILLION) 149
TABLE 100 NORTH AMERICA: CLOUD MIGRATION SERVICES MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 150
TABLE 101 NORTH AMERICA: CLOUD MIGRATION SERVICES MARKET, BY COUNTRY, 2018–2022 (USD MILLION) 150
TABLE 102 NORTH AMERICA: CLOUD MIGRATION SERVICES MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 150
10.2.3 US 151
10.2.3.1 Security & regulatory compliance concerns to drive market 151
10.2.4 CANADA 151
10.2.4.1 High adoption of hybrid and multi-cloud deployment modes to propel market 151
10.3 EUROPE 152
10.3.1 EUROPE: CLOUD MIGRATION SERVICES MARKET DRIVERS 152
10.3.2 EUROPE: RECESSION IMPACT 152
TABLE 103 EUROPE: CLOUD MIGRATION SERVICES MARKET, BY TYPE, 2018–2022 (USD MILLION) 153
TABLE 104 EUROPE: CLOUD MIGRATION SERVICES MARKET, BY TYPE, 2023–2028 (USD MILLION) 153
TABLE 105 EUROPE: CLOUD MIGRATION SERVICES MARKET, BY DEPLOYMENT MODE, 2018–2022 (USD MILLION) 153
TABLE 106 EUROPE: CLOUD MIGRATION SERVICES MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION) 154
TABLE 107 EUROPE: CLOUD MIGRATION SERVICES MARKET, BY APPLICATION, 2018–2022 (USD MILLION) 154
TABLE 108 EUROPE: CLOUD MIGRATION SERVICES MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 154
TABLE 109 EUROPE: CLOUD MIGRATION SERVICES MARKET, BY MIGRATION TYPE, 2018–2022 (USD MILLION) 155
TABLE 110 EUROPE: CLOUD MIGRATION SERVICES MARKET, BY MIGRATION TYPE, 2023–2028 (USD MILLION) 155
TABLE 111 EUROPE: CLOUD MIGRATION SERVICES MARKET, BY VERTICAL, 2018–2022 (USD MILLION) 155
TABLE 112 EUROPE: CLOUD MIGRATION SERVICES MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 156
TABLE 113 EUROPE: CLOUD MIGRATION SERVICES MARKET, BY COUNTRY, 2018–2022 (USD MILLION) 156
TABLE 114 EUROPE: CLOUD MIGRATION SERVICES MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 157
10.3.3 UK 157
10.3.3.1 Growing focus on data security concerns and improved IT infrastructure to boost demand 157
10.3.4 GERMANY 157
10.3.4.1 Rising focus on remote work facilitation to drive market 157
10.3.5 FRANCE 158
10.3.5.1 Favorable government initiatives for innovation to fuel market 158
10.3.6 SPAIN 158
10.3.6.1 Increasing focus on data security & compliance to support market growth 158
10.3.7 ITALY 158
10.3.7.1 Improvements in digital infrastructure to drive market 158
10.3.8 REST OF EUROPE 158
10.4 ASIA PACIFIC 159
10.4.1 ASIA PACIFIC: CLOUD MIGRATION SERVICES MARKET DRIVERS 159
10.4.2 ASIA PACIFIC: RECESSION IMPACT 159
FIGURE 36 ASIA PACIFIC: CLOUD MIGRATION SERVICES MARKET SNAPSHOT 160
TABLE 115 ASIA PACIFIC: CLOUD MIGRATION SERVICES MARKET, BY TYPE, 2018–2022 (USD MILLION) 161
TABLE 116 ASIA PACIFIC: CLOUD MIGRATION SERVICES MARKET, BY TYPE, 2023–2028 (USD MILLION) 161
TABLE 117 ASIA PACIFIC: CLOUD MIGRATION SERVICES MARKET, BY DEPLOYMENT MODE, 2018–2022 (USD MILLION) 162
TABLE 118 ASIA PACIFIC: CLOUD MIGRATION SERVICES MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION) 162
TABLE 119 ASIA PACIFIC: CLOUD MIGRATION SERVICES MARKET, BY APPLICATION, 2018–2022 (USD MILLION) 162
TABLE 120 ASIA PACIFIC: CLOUD MIGRATION SERVICES MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 163
TABLE 121 ASIA PACIFIC: CLOUD MIGRATION SERVICES MARKET, BY MIGRATION TYPE, 2018–2022 (USD MILLION) 163
TABLE 122 ASIA PACIFIC: CLOUD MIGRATION SERVICES MARKET, BY MIGRATION TYPE, 2023–2028 (USD MILLION) 163
TABLE 123 ASIA PACIFIC: CLOUD MIGRATION SERVICES MARKET, BY VERTICAL, 2018–2022 (USD MILLION) 164
TABLE 124 ASIA PACIFIC: CLOUD MIGRATION SERVICES MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 164
TABLE 125 ASIA PACIFIC: CLOUD MIGRATION SERVICES MARKET, BY COUNTRY, 2018–2022 (USD MILLION) 165
TABLE 126 ASIA PACIFIC: CLOUD MIGRATION SERVICES MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 165
10.4.3 CHINA 165
10.4.3.1 Favorable government policies for cloud technologies to boost demand 165
10.4.4 INDIA 166
10.4.4.1 High focus on advanced IT infrastructure to propel market 166
10.4.5 JAPAN 166
10.4.5.1 Adoption of hybrid-cloud approach for optimal resource utilization to drive market 166
10.4.6 AUSTRALIA & NEW ZEALAND 166
10.4.6.1 Regulatory compliance and data privacy considerations to support market growth 166
10.4.7 SOUTH KOREA 167
10.4.7.1 Increasing strategic initiatives with prominent cloud vendors to fuel market 167
10.4.8 ASEAN COUNTRIES 167
10.4.8.1 Rising focus on risk mitigation with hybrid cloud solutions to drive market 167
10.4.9 REST OF ASIA PACIFIC 167
10.5 MIDDLE EAST & AFRICA 168
10.5.1 MIDDLE EAST & AFRICA: CLOUD MIGRATION SERVICES MARKET DRIVERS 168
10.5.2 MIDDLE EAST & AFRICA: RECESSION IMPACT 169
TABLE 127 MIDDLE EAST & AFRICA: CLOUD MIGRATION SERVICES MARKET, BY TYPE, 2018–2022 (USD MILLION) 169
TABLE 128 MIDDLE EAST & AFRICA: CLOUD MIGRATION SERVICES MARKET, BY TYPE, 2023–2028 (USD MILLION) 170
TABLE 129 MIDDLE EAST & AFRICA: CLOUD MIGRATION SERVICES MARKET, BY DEPLOYMENT MODE, 2018–2022 (USD MILLION) 170
TABLE 130 MIDDLE EAST & AFRICA: CLOUD MIGRATION SERVICES MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION) 170
TABLE 131 MIDDLE EAST & AFRICA: CLOUD MIGRATION SERVICES MARKET, BY APPLICATION, 2018–2022 (USD MILLION) 171
TABLE 132 MIDDLE EAST & AFRICA: CLOUD MIGRATION SERVICES MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 171
TABLE 133 MIDDLE EAST & AFRICA: CLOUD MIGRATION SERVICES MARKET, BY MIGRATION TYPE, 2018–2022 (USD MILLION) 171
TABLE 134 MIDDLE EAST & AFRICA: CLOUD MIGRATION SERVICES MARKET, BY MIGRATION TYPE, 2023–2028 (USD MILLION) 172
TABLE 135 MIDDLE EAST & AFRICA: CLOUD MIGRATION SERVICES MARKET, BY VERTICAL, 2018–2022 (USD MILLION) 172
TABLE 136 MIDDLE EAST & AFRICA: CLOUD MIGRATION SERVICES MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 173
TABLE 137 MIDDLE EAST & AFRICA: CLOUD MIGRATION SERVICES MARKET, BY COUNTRY, 2018–2022 (USD MILLION) 173
TABLE 138 MIDDLE EAST & AFRICA: CLOUD MIGRATION SERVICES MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 173
10.5.3 GCC COUNTRIES 174
10.5.3.1 Vision 2030 and high expenditure on IT infrastructure to support market growth 174
10.5.4 SOUTH AFRICA 174
10.5.4.1 Growing focus on scalable solutions to boost demand 174
10.5.5 TURKEY 174
10.5.5.1 Emphasis on digital transformation and hybrid cloud deployments to support market growth 174
10.5.6 EGYPT 175
10.5.6.1 Increasing adoption of SaaS solutions to propel market 175
10.5.7 REST OF MIDDLE EAST & AFRICA 175
10.6 LATIN AMERICA 176
10.6.1 LATIN AMERICA: CLOUD MIGRATION SERVICES MARKET DRIVERS 176
10.6.2 LATIN AMERICA: RECESSION IMPACT 176
TABLE 139 LATIN AMERICA: CLOUD MIGRATION SERVICES MARKET, BY TYPE, 2018–2022 (USD MILLION) 177
TABLE 140 LATIN AMERICA: CLOUD MIGRATION SERVICES MARKET, BY TYPE, 2023–2028 (USD MILLION) 177
TABLE 141 LATIN AMERICA: CLOUD MIGRATION SERVICES MARKET, BY DEPLOYMENT MODE, 2018–2022 (USD MILLION) 178
TABLE 142 LATIN AMERICA: CLOUD MIGRATION SERVICES MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION) 178
TABLE 143 LATIN AMERICA: CLOUD MIGRATION SERVICES MARKET, BY APPLICATION, 2018–2022 (USD MILLION) 178
TABLE 144 LATIN AMERICA: CLOUD MIGRATION SERVICES MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 179
TABLE 145 LATIN AMERICA: CLOUD MIGRATION SERVICES MARKET, BY MIGRATION TYPE, 2018–2022 (USD MILLION) 179
TABLE 146 LATIN AMERICA: CLOUD MIGRATION SERVICES MARKET, BY MIGRATION TYPE, 2023–2028 (USD MILLION) 179
TABLE 147 LATIN AMERICA: CLOUD MIGRATION SERVICES MARKET, BY VERTICAL, 2018–2022 (USD MILLION) 180
TABLE 148 LATIN AMERICA: CLOUD MIGRATION SERVICES MARKET, BY VERTICAL, 2023–2028 (USD MILLION) 180
TABLE 149 LATIN AMERICA: CLOUD MIGRATION SERVICES MARKET, BY COUNTRY, 2018–2022 (USD MILLION) 181
TABLE 150 LATIN AMERICA: CLOUD MIGRATION SERVICES MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 181
10.6.3 BRAZIL 181
10.6.3.1 Growing adoption of AI and ML in data analytics to drive market 181
10.6.4 MEXICO 182
10.6.4.1 High focus on big data for critical decision-making to support market growth 182
10.6.5 ARGENTINA 182
10.6.5.1 Demand for cost-effective solutions to boost demand 182
10.6.6 REST OF LATIN AMERICA 182
11 COMPETITIVE LANDSCAPE 183
11.1 OVERVIEW 183
11.2 STRATEGIES ADOPTED BY KEY PLAYERS 183
TABLE 151 OVERVIEW OF STRATEGIES ADOPTED BY KEY CLOUD MIGRATION SERVICE VENDORS 183
11.3 REVENUE ANALYSIS 186
FIGURE 37 BUSINESS SEGMENT REVENUE ANALYSIS FOR KEY PLAYERS, 2018–2022 (USD BILLION) 186
11.4 MARKET SHARE ANALYSIS 187
FIGURE 38 MARKET SHARE ANALYSIS FOR KEY PLAYERS, 2022 187
TABLE 152 CLOUD MIGRATION SERVICES MARKET: DEGREE OF COMPETITION 188
11.5 BRAND/PRODUCT COMPARATIVE ANALYSIS 190
TABLE 153 BRAND/PRODUCT COMPARATIVE ANALYSIS, BY CLOUD MIGRATION SERVICES 190
11.6 COMPANY EVALUATION MATRIX: KEY PLAYERS 191
11.6.1 STARS 191
11.6.2 EMERGING LEADERS 191
11.6.3 PERVASIVE PLAYERS 191
11.6.4 PARTICIPANTS 191
FIGURE 39 CLOUD MIGRATION SERVICES: COMPANY EVALUATION MATRIX FOR KEY PLAYERS, 2022 192
11.6.5 COMPANY FOOTPRINT OF KEY PLAYERS 193
TABLE 154 PRODUCT FOOTPRINT (23 COMPANIES) 193
TABLE 155 VERTICAL FOOTPRINT (23 COMPANIES) 194
TABLE 156 REGIONAL FOOTPRINT (23 COMPANIES) 195
TABLE 157 COMPANY FOOTPRINT (23 COMPANIES) 196
11.7 COMPANY EVALUATION MATRIX: STARTUPS/SMES 197
11.7.1 PROGRESSIVE COMPANIES 197
11.7.2 RESPONSIVE COMPANIES 197
11.7.3 DYNAMIC COMPANIES 197
11.7.4 STARTING BLOCKS 197
FIGURE 40 CLOUD MIGRATION SERVICES MARKET: COMPANY EVALUATION MATRIX FOR STARTUPS/SMES, 2022 198
11.7.5 COMPETITIVE BENCHMARKING 199
TABLE 158 CLOUD MIGRATION SERVICES MARKET: DETAILED LIST OF KEY STARTUP/SMES 199
TABLE 159 CLOUD MIGRATION SERVICES MARKET: COMPETITIVE BENCHMARKING OF STARTUPS/SMES 200
11.8 COMPETITIVE SCENARIO 200
11.8.1 PRODUCT LAUNCHES 200
TABLE 160 CLOUD MIGRATION SERVICES: PRODUCT LAUNCHES & ENHANCEMENTS, JANUARY 2020–NOVEMBER 2023 201
11.8.2 DEALS 203
TABLE 161 CLOUD MIGRATION SERVICES: DEALS, JANUARY 2020–NOVEMBER 2023 203
11.9 VALUATION AND FINANCIAL METRICS OF KEY CLOUD MIGRATION SERVICE VENDORS 206
FIGURE 41 EV/EBITDA OF KEY CLOUD MIGRATION SERVICE VENDORS 206
FIGURE 42 YEAR-TO-DATE (YTD) PRICE TOTAL RETURN AND 5-YEAR STOCK BETA OF KEY CLOUD MIGRATION SERVICE VENDORS 207
12 COMPANY PROFILES 208
12.1 INTRODUCTION 208
(Business overview, Products/Services offered, Recent developments & MnM View)*
12.2 KEY PLAYERS 208
12.2.1 GOOGLE 208
TABLE 162 GOOGLE: BUSINESS OVERVIEW 209
FIGURE 43 GOOGLE: COMPANY SNAPSHOT 209
TABLE 163 GOOGLE: PRODUCTS/SERVICES OFFERED 210
TABLE 164 GOOGLE: PRODUCT/SERVICE LAUNCHES & ENHANCEMENTS 210
TABLE 165 GOOGLE: DEALS 211
12.2.2 AWS 213
TABLE 166 AWS: BUSINESS OVERVIEW 213
FIGURE 44 AWS: COMPANY SNAPSHOT 214
TABLE 167 AWS: PRODUCTS/SERVICES OFFERED 214
TABLE 168 AWS: PRODUCT/SERVICE LAUNCHES & ENHANCEMENTS 215
TABLE 169 AWS: DEALS 216
12.2.3 IBM 219
TABLE 170 IBM: BUSINESS OVERVIEW 219
FIGURE 45 IBM: COMPANY SNAPSHOT 220
TABLE 171 IBM: PRODUCTS/SERVICES OFFERED 220
TABLE 172 IBM: PRODUCT/SERVICE LAUNCHES & ENHANCEMENTS 221
TABLE 173 IBM: DEALS 221
12.2.4 MICROSOFT 223
TABLE 174 MICROSOFT: BUSINESS OVERVIEW 223
FIGURE 46 MICROSOFT: COMPANY SNAPSHOT 224
TABLE 175 MICROSOFT: PRODUCTS/SERVICES OFFERED 224
TABLE 176 MICROSOFT: PRODUCT/SERVICE LAUNCHES & ENHANCEMENTS 225
TABLE 177 MICROSOFT: DEALS 225
12.2.5 ACCENTURE 227
TABLE 178 ACCENTURE: BUSINESS OVERVIEW 227
FIGURE 47 ACCENTURE: COMPANY SNAPSHOT 228
TABLE 179 ACCENTURE: PRODUCTS/SERVICES OFFERED 228
TABLE 180 ACCENTURE: DEALS 229
12.2.6 CISCO 231
TABLE 181 CISCO: BUSINESS OVERVIEW 231
FIGURE 48 CISCO: COMPANY SNAPSHOT 232
TABLE 182 CISCO: PRODUCTS/SERVICES OFFERED 232
TABLE 183 CISCO: DEALS 233
12.2.7 VMWARE 234
TABLE 184 VMWARE: BUSINESS OVERVIEW 234
FIGURE 49 VMWARE: COMPANY SNAPSHOT 235
TABLE 185 VMWARE: PRODUCTS/SERVICES OFFERED 235
TABLE 186 VMWARE: PRODUCT/SERVICE LAUNCHES & ENHANCEMENTS 236
TABLE 187 VMWARE: DEALS 236
12.2.8 ORACLE 239
TABLE 188 ORACLE: BUSINESS OVERVIEW 239
FIGURE 50 ORACLE: COMPANY SNAPSHOT 240
TABLE 189 ORACLE: PRODUCTS/SERVICES OFFERED 240
TABLE 190 ORACLE: PRODUCT/SERVICE LAUNCHES & ENHANCEMENTS 241
TABLE 191 ORACLE: DEALS 242
12.2.9 INFOSYS 244
TABLE 192 INFOSYS: BUSINESS OVERVIEW 244
FIGURE 51 INFOSYS: COMPANY SNAPSHOT 245
TABLE 193 INFOSYS: PRODUCTS/SERVICES OFFERED 245
TABLE 194 INFOSYS: PRODUCT LAUNCHES AND ENHANCEMENTS 246
TABLE 195 INFOSYS: DEALS 247
12.2.10 NTT DATA 249
TABLE 196 NTT DATA: BUSINESS OVERVIEW 249
FIGURE 52 NTT DATA: COMPANY SNAPSHOT 249
TABLE 197 NTT DATA: PRODUCTS/SERVICES OFFERED 250
TABLE 198 NTT DATA: PRODUCT/SERVICE LAUNCHES & ENHANCEMENTS 250
TABLE 199 NTT DATA: DEALS 250
*Details on Business overview, Products/Services offered, Recent developments & MnM View might not be captured in case of unlisted companies.
12.3 OTHER PLAYERS 252
12.3.1 SAP 252
12.3.2 DXC 253
12.3.3 HPE 254
12.3.4 VERITIS 255
12.3.5 RIVERMEADOW 256
12.3.6 SECUREKLOUD 257
12.3.7 RACKSPACE TECHNOLOGY 258
12.3.8 INFORMATICA 259
12.3.9 WSM 259
12.3.10 VIRTUSTREAM 260
12.3.11 LANGATE 260
12.3.12 MAVEN WAVE 261
12.3.13 SAIGON TECHNOLOGY 261
12.3.14 BELITSOFT 262
12.3.15 LTIMINDTREE 262
12.3.16 ASPIRE SYSTEMS 263
12.3.17 RELOKIA 263
12.3.18 TRIGENT SOFTWARE 264
12.3.19 SCALEFOCUS 264
12.3.20 SIMFORM 265
12.3.21 IT SVIT 265
13 ADJACENT AND RELATED MARKETS 266
13.1 INTRODUCTION 266
13.2 CLOUD COMPUTING MARKET – GLOBAL FORECAST TO 2028 266
13.2.1 MARKET DEFINITION 266
13.2.2 MARKET OVERVIEW 267
13.2.2.1 Cloud computing market, by service model 267
TABLE 200 CLOUD COMPUTING MARKET, BY SERVICE MODEL, 2018–2022 (USD BILLION) 267
TABLE 201 CLOUD COMPUTING MARKET, BY SERVICE MODEL, 2023–2028 (USD BILLION) 268
13.2.2.2 Cloud computing market, by deployment model 268
TABLE 202 CLOUD COMPUTING MARKET, BY DEPLOYMENT MODEL, 2018–2022 (USD BILLION) 268
TABLE 203 CLOUD COMPUTING MARKET, BY DEPLOYMENT MODEL, 2023–2028 (USD BILLION) 268
13.2.2.3 Cloud computing market, by organization size 269
TABLE 204 CLOUD COMPUTING MARKET, BY ORGANIZATION SIZE, 2018–2022 (USD BILLION) 269
TABLE 205 CLOUD COMPUTING MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD BILLION) 269
13.2.2.4 Cloud computing market, by vertical 269
TABLE 206 CLOUD COMPUTING MARKET, BY VERTICAL, 2018–2022 (USD BILLION) 270
TABLE 207 CLOUD COMPUTING MARKET, BY VERTICAL, 2023–2028 (USD BILLION) 270
13.2.2.5 Cloud computing market, by region 271
TABLE 208 CLOUD COMPUTING MARKET, BY REGION, 2018–2022 (USD BILLION) 271
TABLE 209 CLOUD COMPUTING MARKET, BY REGION, 2023–2028 (USD BILLION) 271
13.3 CLOUD MANAGED SERVICES MARKET – GLOBAL FORECAST TO 2027 272
13.3.1 MARKET DEFINITION 272
13.3.2 MARKET OVERVIEW 272
13.3.2.1 Cloud managed services market, by service type 272
TABLE 210 CLOUD MANAGED SERVICES MARKET, BY SERVICE TYPE, 2018–2021 (USD MILLION) 273
TABLE 211 CLOUD MANAGED SERVICES MARKET, BY SERVICE TYPE, 2022–2027 (USD MILLION) 273
13.3.2.2 Cloud managed services market, by deployment mode 273
TABLE 212 CLOUD MANAGED SERVICES MARKET, BY DEPLOYMENT MODE, 2017–2021 (USD MILLION) 274
TABLE 213 CLOUD MANAGED SERVICES MARKET, BY DEPLOYMENT MODE, 2022–2027 (USD MILLION) 274
13.3.2.3 Cloud managed services market, by organization size 274
TABLE 214 CLOUD MANAGED SERVICES MARKET, BY ORGANIZATION SIZE, 2018–2021 (USD MILLION) 274
TABLE 215 CLOUD MANAGED SERVICES MARKET, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION) 275
13.3.2.4 Cloud managed services market, by vertical 275
TABLE 216 CLOUD MANAGED SERVICES MARKET, BY VERTICAL, 2018–2021 (USD MILLION) 275
TABLE 217 CLOUD MANAGED SERVICES MARKET, BY VERTICAL, 2022–2027 (USD MILLION) 276
13.3.2.5 Cloud managed services market, by region 276
TABLE 218 CLOUD MANAGED SERVICES MARKET, BY REGION, 2018–2021 (USD MILLION) 276
TABLE 219 CLOUD MANAGED SERVICES MARKET, BY REGION, 2022–2027 (USD MILLION) 277
14 APPENDIX 278
14.1 DISCUSSION GUIDE 278
14.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 284
14.3 CUSTOMIZATION OPTIONS 286
14.4 RELATED REPORTS 286
14.5 AUTHOR DETAILS 287
