Press release
Global Market Outlook on Cloud Migration Services: Market Size, Growth Drivers, Key Players, and Trends
Cloud Migration Services Market
Unfolding the Future of the Global Cloud Migration Services Market: What's the Projected Market Size and Growth Rate?
• The cloud migration services market has been growing rapidly in recent years. It grew from $229.09 billion in 2024 to $269.23 billion in 2025 at a compound annual growth rate (CAGR) of 17.5%.
• This robust growth in the historic period can be attributed to various factors such as cost savings and operational efficiency, increasing scalability and flexibility demands, modernization needs of legacy systems, security concerns and compliance requirements, and adoption of cloud-first strategies.
• Looking to the future, the cloud migration services market size is expected to see exponential growth with a projected value of $637.13 billion in 2029 at a CAGR of 24.0%.
• Drivers such as accelerated digital transformation initiatives, increased focus on hybrid and multi-cloud environments, growth in edge computing, integration with DevOps and agile development, and emphasis on data migration and management are expected to fuel this growth.
How is the Rise in Adoption of Automation Solutions Driving the Cloud Migration Services Market?
The rise in the adoption of automation solutions plays a significant role in driving the growth of the cloud migration services market. These automation solutions replace slow, obsolete manual procedures with technology, programs, robotics, or processes for enhanced efficiency and accuracy. Cloud migration services provide enterprises with the essential tooling, automation, and competence to complete a secure cloud migration. For instance, according to Formstack, a US-based software company, in May 2023, 76% of organizations were automating their daily workflows while 58% were automating data and reporting for planning purposes. Additionally, 36% of firms were using automation for compliance with regulations.
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Who Are the Key Players Driving Cloud Migration Services Market Growth?
The major companies operating in the cloud migration services market include:
• Amazon Web Services Inc
• Vmware Inc.
• Cisco Systems Inc.
• DXC Technology
• Google LLC.
• Microsoft Corporation
• International Business Machines Corporation
• Oracle Corporation
• Alibaba Group Holding Limited
• Dell Technologies Inc.
• Hewlett Packard Enterprise Company
• Nutanix Inc.
• Rackspace Technology Inc.
• Wipro Limited
• Tata Consultancy Services Limited
• Capgemini SE
• Infosys Limited
• Cognizant Technology Solutions Corporation
• Deloitte Touche Tohmatsu Limited
• Atos SE
• Virtustream Inc.
• NetApp Inc.
• Teradata Corporation
• Red Hat Inc.
• Hitachi Vantara LLC
• ServiceNow Inc.
• Turbonomic Inc.
• Micro Focus International plc
• RiverMeadow Software Inc.
What Are The Key Trends In The Cloud Migration Services Market?
The key trends in the forecast period include:
• Serverless computing and microservices architecture
• Containerization for application portability
• Zero trust security models for cloud environments
• AI-driven automation in cloud migration
• Shift towards cloud-native development and architecture.
What Are The Segments Of The Global Cloud Migration Services Market?
1) By Service Type: Application Hosting And Monitoring, Automation And Integration, DevOps, Professional Service, Managed Service, Other Service Types.
2) By Enterprise Size: Large Enterprises, Small And Medium Sized Enterprises (SMEs).
3) By Deployment Model: Public Cloud, Private Cloud, Hybrid Cloud.
4) By Application: Project Management, Infrastructure Management, Security And Compliance Management, Other Applications.
Which Region Leads The Cloud Migration Services Market?
North America was the largest region in the cloud migration services market in 2024. However, Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the cloud migration services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Cloud Migration Services Market Global Market Report?
- Market Size Analysis: Analyze the Cloud Migration Services Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Cloud Migration Services Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Cloud Migration Services Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Cloud Migration Services Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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