Cloud Migration Services Market Projected to Reach $20.65 Billion at 22.4% CAGR Till 2026 | Global Key Players - IBM, Cisco, Informatica, Microsoft, Google, NTT Data, Vmware, Rackspace, DXC, WSM

Marketprognosis.com Publish a New Market Research Report On “Cloud Migration Services - Global Market Outlook (2017-2026)” which contains global key player’s survey information and forecast to 2026.

Overview of the Global Cloud Migration Services Market:

The Global Cloud Migration Services Market is expected to grow from $3.35 Billion in 2017 to reach $20.65 Billion by 2026 with a CAGR of 22.4%. Rising awareness about business continuity, rising penetration of cloud computing & technological advancements, adopting improved security, flexibility, and reducing operational costs are some of the key factors fostering the market growth. However, factors such as fear of vendor lock-in and lack of stringent SLAs are inhibiting the market.

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Cloud Migration is the process of partially or completely deploying an organization's digital assets, services, IT resources or applications to the cloud. The migrated assets are accessible behind the cloud's firewall. It is also known as business process outsourcing (BPO), which may entail a migrating total organizational infrastructure, where computing, storage, software and platform services are transferred to the cloud for access.

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.

Geographically, Asia-Pacific is estimated to grow at the highest CAGR during the forecast period due to the increased spending on Information Technology (IT) infrastructure.

Major Key Players:

1 IBM

2 Cisco

3 Informatica

4 Microsoft

5 Google

6 NTT Data

7 Vmware

8 Rackspace

9 WSM

10 Rivermeadow and More……………..

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Market Segment by Deployment Models:

1 Private Cloud

2 Hybrid Cloud

3 Public Cloud

Market Segment by Organization Sizes:

1 Small and Medium-Sized Enterprises

2 Large Enterprises

Market Segment by Service Types:

1 Training and Consulting

2 Managed Services

3 Support and Maintenance

4 Automation and Integration

5 Application Hosting and Monitoring

6 Devops

7 Disaster Recovery

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This study answers to the below key questions:

1 What will the market size be in 2026 and what will the growth rate be?

2 What are the key market trends?

3 What is driving this market?

4 What are the challenges to market growth?

5 Who are the key vendors in this market space?

6 What are the market opportunities and threats faced by the key vendors?

7 What are the strengths and weaknesses of the key vendors?

In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of Cloud Migration Services Market.

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This release was published on openPR.