Updated 2025 Market Reports Released: Trends, Forecasts to 2034 – Early Purchase Your Competitive Edge Today!
cloud migration services market size, cloud migration services market growth, cloud migration services market demand, cloud migration services market trends, cloud migration services market opportunities, cloud migration services market top players
What is the Forecasted Market Size and Growth Rate for Global Cloud Migration Services Market?
The Cloud Migration Services market has been witnessing significant growth in recent years. It is seen that the market size is expected to grow from $229.09 billion in 2024 to $269.23 billion in 2025, at a compound annual growth rate (CAGR) of 17.5%. Factors contributing to the growth during this period include cost savings, operational efficiency, scalability and flexibility demands, legacy system modernization needs, security concerns and compliance, and the adoption of cloud-first strategies.
In the upcoming years, the Cloud Migration Services market size is expected to grow exponentially. Predictions suggest that the market will reach up to $637.13 billion in 2029 at a compound annual growth rate (CAGR) of 24.0%. Growth in the forecast period can be attributed to the 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. The forecast period is also expected to witness trends like serverless computing and microservices architecture, containerization for application portability, zero trust security models for cloud environments, AI-driven automation in cloud migration, and a shift towards cloud-native development and architecture.
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What are the Key Drivers for Cloud Migration Services Market Growth?
The rise in the adoption of automation solutions is seen as a key driver for the Cloud Migration Services market. Automation solutions serve as industrial solutions to replace manual procedures with technology, programs, robotics, or processes for enhanced efficiency and accuracy. Cloud migration services provide enterprises with the necessary tooling, automation, and competence to perform a secure cloud migration. For instance, in May 2023, Formstack, a US-based software company, reported that 76% of organizations have begun using automation to streamline their daily workflows, 58% were automating data and reporting for planning purposes, and 36% of firms were using it for compliance with regulations. Therefore, the rise in the adoption of automation solutions is deemed a driving factor for growth in the Cloud Migration Services market.
What are the Major Market Segments in the 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
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Which are the Major Players in the Cloud Migration Services Market?
Major players 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., Accenture plc, 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 Emerging Trends in the Cloud Migration Services Market?
Major companies in the Cloud Migration Services market are developing new cloud programs to stay competitive. For instance, Google LLC released a new migration program for cloud customers in May 2023 called the Rapid Migration Program (RaMP). The program accelerates cloud migration by merging its cloud products, engagement models, and best practices, streamlining workload migration, supporting consistency through partnerships with channel providers, and helping businesses set goals, manage risks and track progress during the migration process.
Which Region is the Fastest Growing in the Cloud Migration Services Market?
In 2024, North America was the largest region in the Cloud Migration Services market. However, the forecast predicts Asia-Pacific to be the fastest-growing region in the forecast period. The regions covered in the Cloud Migration Services market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What does the Cloud Migration Services Market Report 2025 Offer?
According to the Cloud Migration Services market report, Cloud migration services assist businesses in transitioning their data and applications from on-premises or a data center to a more effective and secure cloud environment. This involves the use of certain products developed by cloud providers themselves like Azure, AWS, and Google. The Cloud Migration Services Market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
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