Cloud Migration Services Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

The global cloud migration services market reached a value of US$ 136 billion in 2021. Looking forward, the market is projected to reach US$ 515.8 billion by 2027, exhibiting at a CAGR of 25.02% during 2022-2027. Keeping in mind the uncertainties of COVID-19, the analyst is continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different End-use industries. These insights are included in the report as a major market contributor.

Cloud migration services help companies move applications and databases from a legacy, on-premise IT infrastructure to a public cloud. They include operating cost optimization strategy, setting monitoring tools, and transferring knowledge to in-house teams. They also comprise detailed process descriptions and continuous integration and deployment (CI/CD) pipeline designs for quick development. Nowadays, organizations worldwide are adopting cloud migration services to achieve flexibility and scalability, improve agility, reduce IT operating costs, enhance time to market, and accelerate the digital transformation process.

Cloud Migration Services Market Trends

The economic and business challenges posed by the coronavirus disease (COVID-19) pandemic have encouraged enterprises across the globe to digitize key business processes using the cloud. This represents one of the key factors positively influencing the demand for cloud migration services to boost the speed, performance, and security of cloud adoption and transformation. Additionally, educational institutions are relying on cloud computing to impart remote education. Apart from this, health firms are adopting cloud solutions to meet the security, privacy, and compliance needs of healthcare practices. This, in confluence with the growing volume of medical data on account of the rising prevalence of diseases, is creating a positive market outlook. Moreover, cloud migration services are gaining widespread adoption in the banking, financial services, and insurance (BFSI) industry to migrate hardware data and provide technologically aided services securely. Furthermore, manufacturing firms are integrating these services to meet the Industry 4.0 standards and modernize and automate industrial processes. The rising number of construction activities and the emerging trend of online shopping are other factors expanding the applications of cloud migration services in the e-commerce and real estate sectors around the world.

Key Market Segmentation

This report provides an analysis of the key trends in each sub-segment of the global cloud migration services market, along with forecasts at the global, regional and country level from 2022-2027. The report has categorized the market based on service type, enterprise size, deployment mode, application and industry vertical.

Breakup by Service Type:

Managed Services
Professional Services

Breakup by Enterprise Size:

Small and Medium-sized Enterprises
Large Enterprises

Breakup by Deployment Mode:

Public Cloud
Private Cloud
Hybrid Cloud

Breakup by Application:

Project Management
Infrastructure Management
Security and Compliance Management
Others

Breakup by Industry Vertical:

BFSI
Manufacturing
Healthcare and Life Sciences
IT and Telecommunications
Consumer Goods and Retail
Government and Public Sector
Media and Entertainment
Others

Breakup by Region:

North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape

The competitive landscape of the industry has also been examined along with the profiles of the key players being Accenture plc, Amazon Web Services Inc. (Amazon.com Inc), Cisco Systems Inc., DXC Technology Company, Flexera, Google LLC (Alphabet Inc.), International Business Machines Corporation, Microsoft Corporation, Nippon Telegraph and Telephone Corporation, Oracle Corporation, Rackspace Technology Inc. and VMware Inc. (Dell Technologies Inc.).

Key Questions Answered in This Report

How has the global cloud migration services market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global cloud migration services market?
What are the key regional markets?
What is the breakup of the market based on the service type?
What is the breakup of the market based on the enterprise size?
What is the breakup of the market based on the deployment mode?
What is the breakup of the market based on the application?
What is the breakup of the market based on the industry vertical?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global cloud migration services market and who are the key players?
What is the degree of competition in the industry?

Frequently Asked Questions about the Global Cloud Migration Services Market

What is the estimated value of the Global Cloud Migration Services Market?

The Global Cloud Migration Services Market was estimated to be valued at $136 Billion in 2021.

What is the growth rate of the Global Cloud Migration Services Market?

The growth rate of the Global Cloud Migration Services Market is 24.8%, with an estimated value of $515.8 Billion by 2027.

What is the forecasted size of the Global Cloud Migration Services Market?

The Global Cloud Migration Services Market is estimated to be worth $515.8 Billion by 2027.

Who are the key companies in the Global Cloud Migration Services Market?

Key companies in the Global Cloud Migration Services Market include Accenture plc, Amazon Web Services Inc. (Amazon.com Inc), Cisco Systems Inc., DXC Technology Company, Flexera, Google LLC (Alphabet Inc.), International Business Machines Corporation, Microsoft Corporation, Nippon Telegraph and Telephone Corporation and Oracle Corporation.

Report Attribute	Details
No. of Pages	147
Published	April 2022
Forecast Period	2021 - 2027
Estimated Market Value ( USD ) in 2021	$ 136 Billion
Forecasted Market Value ( USD ) by 2027	$ 515.8 Billion
Compound Annual Growth Rate	24.8%
Regions Covered	Global
No. of Companies Mentioned	12

1 Preface

2 Scope and Methodology

2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

4.1 Overview
4.2 Key Industry Trends

5 Global Cloud Migration Services Market

5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast

6 Market Breakup by Service Type

6.1 Managed Services
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Professional Services
6.2.1 Market Trends
6.2.2 Market Forecast

7 Market Breakup by Enterprise Size

7.1 Small and Medium-sized Enterprises
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Large Enterprises
7.2.1 Market Trends
7.2.2 Market Forecast

8 Market Breakup by Deployment Mode

8.1 Public Cloud
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Private Cloud
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Hybrid Cloud
8.3.1 Market Trends
8.3.2 Market Forecast

9 Market Breakup by Application

9.1 Project Management
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Infrastructure Management
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Security and Compliance Management
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Others
9.4.1 Market Trends
9.4.2 Market Forecast

10 Market Breakup by Industry Vertical

10.1 BFSI
10.1.1 Market Trends
10.1.2 Market Forecast
10.2 Manufacturing
10.2.1 Market Trends
10.2.2 Market Forecast
10.3 Healthcare and Life Sciences
10.3.1 Market Trends
10.3.2 Market Forecast
10.4 IT and Telecommunications
10.4.1 Market Trends
10.4.2 Market Forecast
10.5 Consumer Goods and Retail
10.5.1 Market Trends
10.5.2 Market Forecast
10.6 Government and Public Sector
10.6.1 Market Trends
10.6.2 Market Forecast
10.7 Media and Entertainment
10.7.1 Market Trends
10.7.2 Market Forecast
10.8 Others
10.8.1 Market Trends
10.8.2 Market Forecast

11 Market Breakup by Region

11.1 North America
11.1.1 United States
11.1.1.1 Market Trends
11.1.1.2 Market Forecast
11.1.2 Canada
11.1.2.1 Market Trends
11.1.2.2 Market Forecast
11.2 Asia-Pacific
11.2.1 China
11.2.1.1 Market Trends
11.2.1.2 Market Forecast
11.2.2 Japan
11.2.2.1 Market Trends
11.2.2.2 Market Forecast
11.2.3 India
11.2.3.1 Market Trends
11.2.3.2 Market Forecast
11.2.4 South Korea
11.2.4.1 Market Trends
11.2.4.2 Market Forecast
11.2.5 Australia
11.2.5.1 Market Trends
11.2.5.2 Market Forecast
11.2.6 Indonesia
11.2.6.1 Market Trends
11.2.6.2 Market Forecast
11.2.7 Others
11.2.7.1 Market Trends
11.2.7.2 Market Forecast
11.3 Europe
11.3.1 Germany
11.3.1.1 Market Trends
11.3.1.2 Market Forecast
11.3.2 France
11.3.2.1 Market Trends
11.3.2.2 Market Forecast
11.3.3 United Kingdom
11.3.3.1 Market Trends
11.3.3.2 Market Forecast
11.3.4 Italy
11.3.4.1 Market Trends
11.3.4.2 Market Forecast
11.3.5 Spain
11.3.5.1 Market Trends
11.3.5.2 Market Forecast
11.3.6 Russia
11.3.6.1 Market Trends
11.3.6.2 Market Forecast
11.3.7 Others
11.3.7.1 Market Trends
11.3.7.2 Market Forecast
11.4 Latin America
11.4.1 Brazil
11.4.1.1 Market Trends
11.4.1.2 Market Forecast
11.4.2 Mexico
11.4.2.1 Market Trends
11.4.2.2 Market Forecast
11.4.3 Others
11.4.3.1 Market Trends
11.4.3.2 Market Forecast
11.5 Middle East and Africa
11.5.1 Market Trends
11.5.2 Market Breakup by Country
11.5.3 Market Forecast

12 SWOT Analysis

12.1 Overview
12.2 Strengths
12.3 Weaknesses
12.4 Opportunities
12.5 Threats

13 Value Chain Analysis

14 Porters Five Forces Analysis

14.1 Overview
14.2 Bargaining Power of Buyers
14.3 Bargaining Power of Suppliers
14.4 Degree of Competition
14.5 Threat of New Entrants
14.6 Threat of Substitutes

15 Price Analysis

16 Competitive Landscape

16.1 Market Structure
16.2 Key Players
16.3 Profiles of Key Players
16.3.1 Accenture plc
16.3.1.1 Company Overview
16.3.1.2 Product Portfolio
16.3.1.3 Financials
16.3.1.4 SWOT Analysis
16.3.2 Amazon Web Services Inc. (Amazon.com Inc)
16.3.2.1 Company Overview
16.3.2.2 Product Portfolio
16.3.2.3 SWOT Analysis
16.3.3 Cisco Systems Inc.
16.3.3.1 Company Overview
16.3.3.2 Product Portfolio
16.3.3.3 Financials
16.3.3.4 SWOT Analysis
16.3.4 DXC Technology Company
16.3.4.1 Company Overview
16.3.4.2 Product Portfolio
16.3.4.3 Financials
16.3.4.4 SWOT Analysis
16.3.5 Flexera
16.3.5.1 Company Overview
16.3.5.2 Product Portfolio
16.3.5.3 SWOT Analysis
16.3.6 Google LLC (Alphabet Inc.)
16.3.6.1 Company Overview
16.3.6.2 Product Portfolio
16.3.6.3 SWOT Analysis
16.3.7 International Business Machines Corporation
16.3.7.1 Company Overview
16.3.7.2 Product Portfolio
16.3.7.3 Financials
16.3.7.4 SWOT Analysis
16.3.8 Microsoft Corporation
16.3.8.1 Company Overview
16.3.8.2 Product Portfolio
16.3.8.3 Financials
16.3.8.4 SWOT Analysis
16.3.9 Nippon Telegraph and Telephone Corporation
16.3.9.1 Company Overview
16.3.9.2 Product Portfolio
16.3.9.3 Financials
16.3.9.4 SWOT Analysis
16.3.10 Oracle Corporation
16.3.10.1 Company Overview
16.3.10.2 Product Portfolio
16.3.10.3 Financials
16.3.10.4 SWOT Analysis
16.3.11 Rackspace Technology Inc.
16.3.11.1 Company Overview
16.3.11.2 Product Portfolio
16.3.12 VMware Inc. (Dell Technologies Inc.)
16.3.12.1 Company Overview
16.3.12.2 Product Portfolio
16.3.12.3 Financials
16.3.12.4 SWOT Analysis

List of Figures

Figure 1: Global: Cloud Migration Services Market: Major Drivers and Challenges
Figure 2: Global: Cloud Migration Services Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Cloud Migration Services Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Cloud Migration Services Market: Breakup by Service Type (in %), 2021
Figure 5: Global: Cloud Migration Services Market: Breakup by Enterprise Size (in %), 2021
Figure 6: Global: Cloud Migration Services Market: Breakup by Deployment Mode (in %), 2021
Figure 7: Global: Cloud Migration Services Market: Breakup by Application (in %), 2021
Figure 8: Global: Cloud Migration Services Market: Breakup by Industry Vertical (in %), 2021
Figure 9: Global: Cloud Migration Services Market: Breakup by Region (in %), 2021
Figure 10: Global: Cloud Migration Services (Managed Services) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Cloud Migration Services (Managed Services) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Cloud Migration Services (Professional Services) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Cloud Migration Services (Professional Services) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Cloud Migration Services (Small and Medium-sized Enterprises) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Cloud Migration Services (Small and Medium-sized Enterprises) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Cloud Migration Services (Large Enterprises) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Cloud Migration Services (Large Enterprises) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Cloud Migration Services (Public Cloud) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Cloud Migration Services (Public Cloud) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Cloud Migration Services (Private Cloud) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Cloud Migration Services (Private Cloud) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Cloud Migration Services (Hybrid Cloud) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Cloud Migration Services (Hybrid Cloud) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Cloud Migration Services (Project Management) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Cloud Migration Services (Project Management) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: Cloud Migration Services (Infrastructure Management) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: Cloud Migration Services (Infrastructure Management) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Global: Cloud Migration Services (Security and Compliance Management) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Global: Cloud Migration Services (Security and Compliance Management) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: Global: Cloud Migration Services (Other Applications) Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: Global: Cloud Migration Services (Other Applications) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: Global: Cloud Migration Services (BFSI) Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: Global: Cloud Migration Services (BFSI) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: Global: Cloud Migration Services (Manufacturing) Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: Global: Cloud Migration Services (Manufacturing) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: Global: Cloud Migration Services (Healthcare and Life Sciences) Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: Global: Cloud Migration Services (Healthcare and Life Sciences) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: Global: Cloud Migration Services (IT and Telecommunications) Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: Global: Cloud Migration Services (IT and Telecommunications) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: Global: Cloud Migration Services (Consumer Goods and Retail) Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: Global: Cloud Migration Services (Consumer Goods and Retail) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: Global: Cloud Migration Services (Government and Public Sector) Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: Global: Cloud Migration Services (Government and Public Sector) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: Global: Cloud Migration Services (Media and Entertainment) Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: Global: Cloud Migration Services (Media and Entertainment) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: Global: Cloud Migration Services (Other Industry Verticals) Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: Global: Cloud Migration Services (Other Industry Verticals) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: North America: Cloud Migration Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: North America: Cloud Migration Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: United States: Cloud Migration Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: United States: Cloud Migration Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: Canada: Cloud Migration Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: Canada: Cloud Migration Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: Asia-Pacific: Cloud Migration Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: Asia-Pacific: Cloud Migration Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: China: Cloud Migration Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: China: Cloud Migration Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: Japan: Cloud Migration Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: Japan: Cloud Migration Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: India: Cloud Migration Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: India: Cloud Migration Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: South Korea: Cloud Migration Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: South Korea: Cloud Migration Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: Australia: Cloud Migration Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: Australia: Cloud Migration Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: Indonesia: Cloud Migration Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: Indonesia: Cloud Migration Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: Others: Cloud Migration Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: Others: Cloud Migration Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: Europe: Cloud Migration Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: Europe: Cloud Migration Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 72: Germany: Cloud Migration Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 73: Germany: Cloud Migration Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 74: France: Cloud Migration Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 75: France: Cloud Migration Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 76: United Kingdom: Cloud Migration Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 77: United Kingdom: Cloud Migration Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 78: Italy: Cloud Migration Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 79: Italy: Cloud Migration Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 80: Spain: Cloud Migration Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 81: Spain: Cloud Migration Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 82: Russia: Cloud Migration Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 83: Russia: Cloud Migration Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 84: Others: Cloud Migration Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 85: Others: Cloud Migration Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 86: Latin America: Cloud Migration Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 87: Latin America: Cloud Migration Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 88: Brazil: Cloud Migration Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 89: Brazil: Cloud Migration Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 90: Mexico: Cloud Migration Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 91: Mexico: Cloud Migration Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 92: Others: Cloud Migration Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 93: Others: Cloud Migration Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 94: Middle East and Africa: Cloud Migration Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 95: Middle East and Africa: Cloud Migration Services Market: Breakup by Country (in %), 2021
Figure 96: Middle East and Africa: Cloud Migration Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 97: Global: Cloud Migration Services Industry: SWOT Analysis
Figure 98: Global: Cloud Migration Services Industry: Value Chain Analysis
Figure 99: Global: Cloud Migration Services Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Cloud Migration Services Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Cloud Migration Services Market Forecast: Breakup by Service Type (in Million US$), 2022-2027
Table 3: Global: Cloud Migration Services Market Forecast: Breakup by Enterprise Size (in Million US$), 2022-2027
Table 4: Global: Cloud Migration Services Market Forecast: Breakup by Deployment Mode (in Million US$), 2022-2027
Table 5: Global: Cloud Migration Services Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 6: Global: Cloud Migration Services Market Forecast: Breakup by Industry Vertical (in Million US$), 2022-2027
Table 7: Global: Cloud Migration Services Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 8: Global: Cloud Migration Services Market: Competitive Structure
Table 9: Global: Cloud Migration Services Market: Key Players