Cloud Migration Services Market by Service Type (Disaster Recovery, Managed Services), Application (Project Management, Compliance & Security Management, Infrastructure Management), Deployment Model, Vertical & Region - Global Forecast to 2022

  • ID: 4436991
  • Report
  • Region: Global
  • 131 Pages
  • Markets and Markets
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The Cloud Migration Services Market Size is Expected to Grow from USD 3.17 Billion in 2017 to USD 9.47 Billion By 2022, at a CAGR of 24.5%

FEATURED COMPANIES

  • AWS
  • DXC
  • IBM
  • Microsoft
  • Openstack
  • Rivermeadow
  • MORE

“Cloud compliance requirements, enforcing mobility, and uninterrupted business continuity are expected to drive the cloud migration services market”

The cloud migration services market size is expected to grow from USD 3.17 billion in 2017 to USD 9.47 billion by 2022, at a Compound Annual Growth Rate (CAGR) of 24.5% during the forecast period. The market is expected to be driven by factors, such as the growing need for business agility, faster deployment and scalability, increasing awareness about the cloud among enterprises globally, and the reduced costs of ownership. However, the market would face some restraints as not all enterprise services are supported in the cloud, lack of stringent SLAs, and fear of vendor lock-in.

“DevOps service type is expected to grow at the fastest rate during the forecast period”

DevOps automates processes between development and operations teams within an organization. It offers a major benefit of building a culture of collaboration between teams that was not traditionally present, resulting in a much more dynamic and flexible approach to work. DevOps enables smooth functioning of the complete process including building, testing, and releasing software efficiently and speedily. Moreover, it offers various benefits of improved customer satisfaction, digital transformation, stable operating environments, and improved productivity.

“Security and compliance management application is expected to record the fastest growth rate during the forecast period”

Security and compliance management is an important part in cloud migration, as the resources are retained and managed in different clouds. Advanced backups and recovery are a few other features that hold a significant place in every business activity that adopts cloud migration strategies. Moreover, compliance monitoring enables end users to protect the virtualized workload with the required compliance policies. The major driving factors of the overall cloud migration services market are innovation, efficiency, agility, and security.

“North America is expected to hold the largest market share, and Asia Pacific (APAC) to grow at the fastest rate”

North America is expected to hold the largest market size during the forecast period, as organizations are shifting toward cloud-based solutions and services, with an increasing adoption of digital business strategies. Furthermore, organizations have invested heavily in advanced technologies to gain a competitive advantage and improve business operations. APAC is expected to be the fastest-growing region in the global cloud migration services market. The key reasons for the high growth rate in APAC include the positive economic outlook in the region, increased spending on Information Technology (IT) infrastructure, and the tendency of cloud migration services to drive customer experience and improve operations.

The break-up profiles of primary participants are given below:

  • By company: Tier 1 - 43%, Tier 2 - 35%, and Tier 3 - 22%
  • By designation: C-level - 60%, Director level - 25%, and Others - 15%
  • By region: North America - 44%, Europe - 25%, APAC - 21%, and RoW - 10%

The following key cloud migration services providers are profiled in the report:
1. Amazon Web Services (US)
2. IBM (US)
3. Microsoft (US)
4. Google (US)
5. Cisco Systems (US)
6. NTT Data (Japan)
7. DXC (US)
8. VMware (US)
9. Rackspace (US)
10. Informatica (US)

Research Coverage:

The cloud migration services market has been segmented by service types, applications, deployment models, organization sizes, verticals, and regions. A detailed analysis of the key industry players has been done to provide key insights into their business overviews, services, key strategies, new service launches, partnerships, agreements and collaborations, business expansions, and competitive landscape associated with the cloud migration services market.

The report will help the market leaders/new entrants in this market in the following ways:

  • This report segments the cloud migration services market comprehensively and provides the closest approximations of revenue numbers for the overall market and the subsegments across regions.
  • This report helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.
  • This report helps stakeholders in better understanding the competitors and gaining more insights to better their position in the business. The competitive landscape section includes the vendor comparison of the top market players in the cloud migration services market.
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FEATURED COMPANIES

  • AWS
  • DXC
  • IBM
  • Microsoft
  • Openstack
  • Rivermeadow
  • MORE

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.4 Years Considered for the Study
1.5 Currency
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.2 Primary Data
2.1.2.1 Breakdown of Primaries
2.1.2.2 Key Industry Insights
2.2 Market Size Estimation
2.3 Research Assumptions
2.4 Limitations

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities in Cloud Migration Services Market
4.2 Cloud Migration Services Market, By Deployment Model
4.3 Cloud Migration Services Market: Share of Top 3 Verticals and Regions
4.4 Market Investment Scenario

5 Market Overview and Industry Trends
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increased Agility and Automation
5.2.1.2 Faster and Easier Deployment
5.2.1.3 Increasing Awareness About Business Continuity
5.2.1.4 Need for Lower CAPEX and OPEX
5.2.2 Restraints
5.2.2.1 Compatibility of Enterprise Applications With Cloud Technology
5.2.2.2 Fear of Vendor Lock-In
5.2.3 Opportunities
5.2.3.1 Opportunities for MSPS
5.2.3.2 High Adoption Rate of Cloud Migration Services in Healthcare Vertical
5.2.4 Challenges
5.2.4.1 Complexities in Redesigning Networks for the Cloud
5.2.4.2 Cloud Interoperability
5.2.4.3 Compliance With Stringent Regulations
5.3 Types of Cloud Migration
5.3.1 Infrastructure Migration
5.3.2 Data Migration
5.3.3 Platform Migration
5.3.4 Application Migration
5.4 Phases of Cloud Migration
5.4.1 Discovery
5.4.2 Assessment and Planning
5.4.3 Migration and Testing
5.4.4 Deployment
5.4.5 Monitoring and Maintenance
5.5 Regulatory Framework
5.5.1 Payment Card Industry Data Security Standard (PCI DSS)
5.5.2 Federal Information Security Management Act (FISMA)
5.5.3 International Organization for Standardization/International Electrotechnical Commission 27018 (ISO/IEC 27018)

6 Cloud Migration Services Market, By Service Type
6.1 Introduction
6.2 Automation and Integration
6.3 Disaster Recovery
6.4 Application Hosting and Monitoring
6.5 Devops
6.6 Training and Consulting
6.7 Support and Maintenance
6.8 Managed Services

7 Cloud Migration Services Market, By Application
7.1 Introduction
7.2 Project Management
7.3 Infrastructure Management
7.4 Compliance and Security Management
7.5 Others

8 Cloud Migration Services Market, By Deployment Model
8.1 Introduction
8.2 Public Cloud
8.3 Private Cloud
8.4 Hybrid Cloud

9 Cloud Migration Services Market, By Organization Size
9.1 Introduction
9.2 Large Enterprises
9.3 Small and Medium-Sized Enterprises

10 Cloud Migration Services Market, By Vertical
10.1 Introduction
10.2 Banking, Financial Services, and Insurance
10.3 Healthcare and Life Sciences
10.4 Telecommunications and Ites
10.5 Government and Public Sector
10.6 Manufacturing
10.7 Consumer Goods and Retail
10.8 Media and Entertainment
10.9 Others

11 Cloud Migration Services Market, By Region
11.1 Introduction
11.2 North America
11.2.1 United States
11.2.2 Canada
11.3 Europe
11.3.1 United Kingdom
11.3.2 Germany
11.3.3 France
11.3.4 Rest of Europe
11.4 Asia Pacific
11.4.1 China
11.4.2 Japan
11.4.3 Australia and New Zealand
11.4.4 Rest of Asia Pacific
11.5 Middle East and Africa
11.5.1 Middle East
11.5.2 Africa
11.6 Latin America
11.6.1 Brazil
11.6.2 Mexico
11.6.3 Rest of Latin America

12 Competitive Landscape
12.1 Overview
12.2 Competitive Scenario
12.2.1 Partnerships, Agreements, and Collaborations
12.2.2 New Product Launches
12.2.3 Business Expansions
12.2.4 Mergers and Acquisitions
12.3 Market Standing, By Key Player

13 Company Profiles
13.1 Introduction
(Business Overview, Products & Services, Key Insights, Recent Developments, SWOT Analysis, MnM View)*
13.2 AWS
13.3 IBM
13.4 Microsoft
13.5 Google
13.6 Cisco
13.7 NTT Data
13.8 DXC
13.9 VMware
13.10 Rackspace
13.11 Informatica
13.12 Key Innovators
13.12.1 WSM
13.12.2 Zerto
13.12.3 Virtustream
13.12.4 Rivermeadow
13.12.5 Openstack

*Details on Business Overview, Products & Services, Key Insights, Recent Developments, SWOT Analysis, MnM View Might Not Be Captured in Case of Unlisted Companies.

14 Appendix
14.1 Key Industry Insights
14.2 Discussion Guide
14.3 Knowledge Store: Subscription Portal
14.4 Introducing RT: Real-Time Market Intelligence
14.5 Available Customizations
14.6 Related Reports
14.7 Author Details

List of Tables
Table 1 Cloud Migration Services Market Size and Growth Rate, 2015-2022 (USD Billion, Y-O-Y %)
Table 2 Cloud Migration Services Market Size, By Service Type, 2015-2022 (USD Million)
Table 3 Automation and Integration: Cloud Migration Services Market Size, By Region, 2015-2022 (USD Million)
Table 4 Disaster Recovery: Cloud Migration Services Market Size, By Region, 2015-2022 (USD Million)
Table 5 Application Hosting and Monitoring: Cloud Migration Services Market Size, By Region, 2015-2022 (USD Million)
Table 6 Devops: Cloud Migration Services Market Size, By Region, 2015-2022 (USD Million)
Table 7 Training and Consulting: Cloud Migration Services Market Size, By Region, 2015-2022 (USD Million)
Table 8 Support and Maintenance: Cloud Migration Services Market Size, By Region, 2015-2022 (USD Million)
Table 9 Managed Services: Cloud Migration Services Market Size, By Region, 2015-2022 (USD Million)
Table 10 Cloud Migration Services Market Size, By Application, 2015-2022 (USD Million)
Table 11 Project Management: Cloud Migration Services Market Size, By Region, 2015-2022 (USD Million)
Table 12 Infrastructure Management: Cloud Migration Services Market Size, By Region, 2015-2022 (USD Million)
Table 13 Compliance and Security Management: Cloud Migration Services Market Size, By Region, 2015-2022 (USD Million)
Table 14 Others: Cloud Migration Services Market Size, By Region, 2015-2022 (USD Million)
Table 15 Cloud Migration Services Market Size, By Deployment Model, 2015-2022 (USD Million)
Table 16 Public Cloud: Cloud Migration Services Market Size, By Region, 2015-2022 (USD Million)
Table 17 Private Cloud: Cloud Migration Services Market Size, By Region, 2015-2022 (USD Million)
Table 18 Hybrid Cloud: Cloud Migration Services Market Size, By Region, 2015-2022 (USD Million)
Table 19 Cloud Migration Services Market Size, By Organization Size, 2015-2022 (USD Million)
Table 20 Large Enterprises: Cloud Migration Services Market Size, By Region, 2015-2022 (USD Million)
Table 21 SMEs: Cloud Migration Services Market Size, By Region, 2015-2022 (USD Million)
Table 22 Cloud Migration Services Market Size, By Vertical, 2015-2022 (USD Million)
Table 23 BFSI: Cloud Migration Services Market Size, By Region, 2015-2022 (USD Million)
Table 24 Healthcare and Life Sciences: Cloud Migration Services Market Size, By Region, 2015-2022 (USD Million)
Table 25 Telecommunications and Ites: Cloud Migration Services Market Size, By Region, 2015-2022 (USD Million)
Table 26 Government and Public Sector: Cloud Migration Services Market Size, By Region, 2015-2022 (USD Million)
Table 27 Manufacturing: Cloud Migration Services Market Size, By Region, 2015-2022 (USD Million)
Table 28 Consumer Goods and Retail: Cloud Migration Services Market Size, By Region, 2015-2022 (USD Million)
Table 29 Media and Entertainment: Cloud Migration Services Market Size, By Region, 2015-2022 (USD Million)
Table 30 Others: Cloud Migration Services Market Size, By Region, 2015-2022 (USD Million)
Table 31 Cloud Migration Services Market Size, By Region, 2015-2022 (USD Million)
Table 32 North America: Cloud Migration Services Market Size, By Country, 2015-2022 (USD Million)
Table 33 North America: Cloud Migration Services Market Size, By Service Type, 2015-2022 (USD Million)
Table 34 North America: Cloud Migration Services Market Size, By Application, 2015-2022 (USD Million)
Table 35 North America: Cloud Migration Services Market Size, By Organization Size, 2015-2022 (USD Million)
Table 36 North America: Cloud Migration Services Market Size, By Deployment Model, 2015-2022 (USD Million)
Table 37 North America: Cloud Migration Services Market Size, By Vertical, 2015-2022 (USD Million)
Table 38 Europe: Cloud Migration Services Market Size, By Country, 2015-2022 (USD Million)
Table 39 Europe: Cloud Migration Services Market Size, By Service Type, 2015-2022 (USD Million)
Table 40 Europe: Cloud Migration Services Market Size, By Application, 2015-2022 (USD Million)
Table 41 Europe: Cloud Migration Services Market Size, By Organization Size, 2015-2022 (USD Million)
Table 42 Europe: Cloud Migration Services Market Size, By Deployment Model, 2015-2022 (USD Million)
Table 43 Europe: Cloud Migration Services Market Size, By Vertical, 2015-2022 (USD Million)
Table 44 Asia Pacific: Cloud Migration Services Market Size, By Country, 2015-2022 (USD Million)
Table 45 Asia Pacific: Cloud Migration Services Market Size, By Service Type, 2015-2022 (USD Million)
Table 46 Asia Pacific: Cloud Migration Services Market Size, By Application, 2015-2022 (USD Million)
Table 47 Asia Pacific: Cloud Migration Services Market Size, By Organization Size, 2015-2022 (USD Million)
Table 48 Asia Pacific: Cloud Migration Services Market Size, By Deployment Model, 2015-2022 (USD Million)
Table 49 Asia Pacific: Cloud Migration Services Market Size, By Vertical, 2015-2022 (USD Million)
Table 50 Middle East and Africa: Cloud Migration Services Market Size, By Sub-Region, 2015-2022 (USD Million)
Table 51 Middle East and Africa: Cloud Migration Services Market Size, By Service Type, 2015-2022 (USD Million)
Table 52 Middle East and Africa: Cloud Migration Services Market Size, By Application, 2015-2022 (USD Million)
Table 53 Middle East and Africa: Cloud Migration Services Market Size, By Organization Size, 2015-2022 (USD Million)
Table 54 Middle East and Africa: Cloud Migration Services Market Size, By Deployment Model, 2015-2022 (USD Million)
Table 55 Middle East and Africa: Cloud Migration Services Market Size, By Vertical, 2015-2022 (USD Million)
Table 56 Latin America: Cloud Migration Services Market Size, By Country, 2015-2022 (USD Million)
Table 57 Latin America: Cloud Migration Services Market Size, By Service Type, 2015-2022 (USD Million)
Table 58 Latin America: Cloud Migration Services Market Size, By Application, 2015-2022 (USD Million)
Table 59 Latin America: Cloud Migration Services Market Size, By Organization Size, 2015-2022 (USD Million)
Table 60 Latin America: Cloud Migration Services Market Size, By Deployment Model, 2015-2022 (USD Million)
Table 61 Latin America: Cloud Migration Services Market Size, By Vertical, 2015-2022 (USD Million)
Table 62 Partnerships, Agreements, and Collaborations, 2017
Table 63 New Product Launches, 2016-2017
Table 64 Business Expansions, 2016-2017
Table 65 Mergers and Acquisitions, 2013-2016
Table 66 Cloud Migration Services Market: Market Standing, 2017

List of Figures
Figure 1 Cloud Migration Services Market: Market Segmentation
Figure 2 Cloud Migration Services Market: Regional Scope
Figure 3 Cloud Migration Services Market: Research Design
Figure 4 Data Triangulation
Figure 5 Market Size Estimation Methodology: Bottom-Up Approach
Figure 6 Market Size Estimation Methodology: Top-Down Approach
Figure 7 Cloud Migration Services Market: Assumptions
Figure 8 Cloud Migration Services Market Snapshot, 2015-2022
Figure 9 Top 3 Segments Holding Largest Share in Cloud Migration Services Market
Figure 10 Cloud Migration Services Market: Regional Snapshot
Figure 11 Increased Agility and Automation to Aid Market Growth
Figure 12 Public Cloud Segment to Hold Largest Market Share in 2017
Figure 13 BFSI and North America to Hold Largest Market Shares in 2017
Figure 14 APAC to Emerge as Best Market for Investment Over Next Five Years
Figure 15 Cloud Migration Services Market: Drivers, Restraints, Opportunities, and Challenges
Figure 16 Automation and Integration Service Type to Hold Largest Market Share in 2017
Figure 17 Project Management Application to Hold Largest Market Share in 2017
Figure 18 Public Cloud Deployment Model to Hold Largest Market Share in 2017
Figure 19 Large Enterprises Segment to Hold Higher Market Share in 2017
Figure 20 BFSI Vertical to Hold Largest Market Share in 2017
Figure 21 North America to Hold Largest Market Share in 2017
Figure 22 North America: Cloud Migration Services Market Snapshot
Figure 23 Asia Pacific: Cloud Migration Services Market Snapshot
Figure 24 New Product Launches and Partnerships, Agreements, and Collaborations the Key Growth Strategies Adopted During 2015-2022
Figure 25 AWS: Company Snapshot
Figure 26 AWS: SWOT Analysis
Figure 27 IBM: Company Snapshot
Figure 28 IBM: SWOT Analysis
Figure 29 Microsoft: Company Snapshot
Figure 30 Microsoft: SWOT Analysis
Figure 31 Google: Company Snapshot
Figure 32 Google: SWOT Analysis
Figure 33 Cisco: Company Snapshot
Figure 34 Cisco: SWOT Analysis
Figure 35 NTT Data: Company Snapshot
Figure 36 DXC: Company Snapshot
Figure 37 VMware: Company Snapshot

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FEATURED COMPANIES

  • AWS
  • DXC
  • IBM
  • Microsoft
  • Openstack
  • Rivermeadow
  • MORE

The cloud migration services market is expected to grow from USD 3.17 Billion in 2017 to USD 9.47 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 24.5% during the forecast period. The demand for cloud computing is expected to be driven by many factors, such as lower costs, flexibility, agility, and security. Cloud migration services combine the know-hows of research and innovation, with the complete lifecycle of cloud-ready solutions, to offer accelerated Time-to-Market (TTM) and enhanced operational processes.

The cloud migration services market has been segmented on the basis of service types, applications, organization sizes, deployment models, verticals, and regions. The DevOps service type is expected to grow at the highest CAGR during the forecast period, and the automation and integration service type is estimated to have the largest market size in 2017 in the market. The adoption of cloud services among Small and Medium-sized Enterprises (SMEs) have become a central part of the business process, owing to the ease of use and the flexibility they offer, and is expected to grow in the coming years.

The public cloud deployment model is estimated to hold the largest market share in 2017. By using cloud migration services, enterprises are developing newer and better ways of enhancing operational benefits, while reducing the costs. Faster deployment, scalability, and agility; cloud compliance requirements, need for lower CapEx and Opex, enforcing mobility, and uninterrupted business continuity are expected to drive the demand for cloud migration services. The enterprises, which are adopting cloud migration services, are increasingly inclined toward deploying cloud-based solutions to run their critical business functions.

North America is estimated to hold the largest market size in 2017, whereas the Asia-Pacific (APAC) region is projected to grow at the highest CAGR during the forecast period in the cloud migration services market. An increasing need for efficient computing framework and shifting workload to the cloud environment are said to be driving the demand for cloud migration services, globally.

The adoption of cloud migration services market is expected to increase, owing to faster deployment, scalability, and agility; cloud compliance requirements, reduce CapEx and Opex, enforcing mobility, and uninterrupted business continuity. However, enterprises face some obstacles while adopting cloud migration services, as not all enterprise services are supported in the cloud, lack of stringent SLAs, and fear of vendor lock-in.

Major vendors providing cloud migration services are Amazon Web Services (US), IBM (US), Microsoft (US), Google (US), Cisco Systems (US), NTT Data (Japan), DXC (US), VMware (US), Rackspace (US), and Informatica (US). These players have adopted various strategies, such as new product developments, mergers and acquisitions, collaborations, and partnerships, to expand their presence in the global cloud migration services market.

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  • AWS
  • Cisco
  • DXC
  • Google
  • IBM
  • Informatica
  • Microsoft
  • NTT Data
  • Openstack
  • Rackspace
  • Rivermeadow
  • Virtustream
  • Vmware
  • WSM
  • Zerto
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