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Cloud Migration Market New Innovations, Technology Advancements and Future Scope 2021 to 2025: Accent-ure PLC, Amazon Inc., Cisco Systems Inc, IBM Corporation, Microsoft Corporation, Oracle Corporation
The Cloud Migration Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.The cloud migration services market was valued at USD 119.13 billion in 2019 and is expected to reach USD 448.34 billion by 2025, at a CAGR of 28.89% over the forecast period 2020 - 2025.
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Competitive Landscape:
Top Companies: Acc-enture PLC, Amazon Inc., Cisco Systems Inc, Cognizant Technology Solutions Corp, DXC Technology, Evolve IP LLC, Google LLC, IBM Corporation, Microsoft Corporation, Oracle Corporation, Rackspace Hosting Inc., Rightscale Inc.(Flexera), Tech Mahindra Ltd, VMware Inc., WSM International LLC
Industry News and Updates:
In January 2109, DXC Technology acquired the service business of EG A/S, one of the leading integrators of Microsoft Dynamics 365 in the Nordic region. The acquisition will complete in March 2019. The combination of EG with the existing DXC Eclipse business will extend DXCs position as a leading global systems integrator for Microsoft Dynamics.
Key Market Trends:
North America is among the leading innovators and pioneers, in terms of adoption for cloud migration, is the largest market. The region has a strong foothold of cloud migration vendors, which adds to the growth of the market. Some of them include IBM Corporation, Microsoft Corporation, SAS Institute Inc., Amazon Web Services Inc., Cisco Systems Inc., Cognizant Technology Solutions Corporation, and Google Inc. among others.
Recently, in November 2018, IBM corporation launched new services to help organizations accelerate the complex process of modernizing and migrating applications to cloud, and adopt the hybrid, multi-cloud strategy to speed up the business transformation. With new enhancements available in the IBM Cloud Migration Factory, IBM services introduced new automation tools, to reduce the time of modernizing and moving an organization's data, infrastructure, applications, and workloads.
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What are the market influences that are explained in the report?
-Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
-Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
-Analytical Tools: The Global Cloud Migration Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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