Market Dynamics
The market is mainly driven by the increasing adoption of cloud computing. In addition, factors such as the shift from the CAPEX model to the OPEX model and the increasing adoption of container-as-a-service will have a positive impact on the growth of the market. But the latency in the cloud network and data privacy and security concerns will restrict the market growth.
Sponsored content:
Company Profiles
The cloud migration services market report provides complete insights on key vendors including Accenture Plc, Alphabet Inc., Amazon.com Inc., Cisco Systems Inc., Dell Technologies Inc., Deloitte Touche Tohmatsu Ltd., DXC Technology Co., International Business Machines Corp., Microsoft Corp., and VMware Inc.
Competitive Analysis
The global cloud migration services market is fragmented. The market is characterized by the presence of a substantial number of international and regional vendors. Vendors are adopting strategies such as collaborating and merging or acquiring other entities to increase their market share and gain a competitive advantage. For instance, in December 2020, International Business Machines Corp. announced its plans to acquire Nordcloud, a European cloud implementation, application transformation, and managed services provider. Similarly, in December 2020, NTT Data announced its plans to acquire Hashmap as a strategy to utilize advanced data-driven analytics and AI solutions.
Sponsored content: OurLifeStore.com is a veteran owned e-commerce with over 40k items at great prices & always free shipping
The competitive analysis offered in our report analyzes and evaluates the position of companies based on their industry position score and market performance score. Some of the factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.
Market Segmentation by Deployment
- By Deployment, the market is classified into public cloud, private cloud, and hybrid cloud.
- The public cloud segment will have the largest share of the market.
- The increasing demand for public cloud migration services can be attributed to an increase in the number of enterprises in developing countries such as India, China, Brazil, and Mexico.
- Another important factor driving the growth of the segment is the increased investments in the development of advanced IT security features to make cloud computing services highly secure.
Market Segmentation by Geography
- By Geography, the market is classified as North America, Europe, APAC, and South America.
- North America will have the largest share of the market.
- The increased adoption of the latest technologies such as cloud solutions, mobility, Big Data, and social media by organizations is a key factor driving the growth of the regional market.
- Also, increased investments in digital solutions such as digital banking, digital healthcare solutions, advanced manufacturing systems, and connected solutions are contributing to the growth of cloud migration services in North America.
Download Our Sample Report and identify other potential segments in the market.
Related Reports:
AI Edge Computing Market by Type and Geography – Forecast and Analysis 2022-2026
Mobile Edge Computing Market by Component and Geography – Forecast and Analysis 2022-2026
|
Cloud Migration Services Market Scope |
|
|
Report Coverage |
Details |
|
Page number |
120 |
|
Base year |
2019 |
|
Forecast period |
2019-2024 |
|
Growth momentum & CAGR |
Accelerate at a CAGR of 23.99% |
|
Market growth 2019-2024 |
USD 7.09 billion |
|
Market structure |
Fragmented |
|
YoY growth (%) |
22.45 |
|
Regional analysis |
North America, Europe, APAC, and South America |
|
Performing market contribution |
North America at 41% |
|
Key consumer countries |
US, Canada, China, and Germany |
|
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
|
Companies profiled |
Accenture Plc, Alphabet Inc., Amazon.com Inc., Cisco Systems Inc., Dell Technologies Inc., Deloitte Touche Tohmatsu Ltd., DXC Technology Co., International Business Machines Corp., Microsoft Corp., and VMware Inc. |
|
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for the forecast period. |
|
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of Contents:
1 Executive Summary
2 Market Landscape
- 2.1 Market ecosystem
-
- Exhibit 01: Parent market
- Exhibit 02: Market characteristics
- Exhibit 03: Value chain analysis – Data processing and outsourced services
- 2.2 Value chain analysis
3 Market Sizing
- 3.1 Market definition
-
- Exhibit 05: Market segments
- 3.2 Market segment analysis
- 3.3 Market size 2020
- 3.4 Market outlook: Forecast for 2020 – 2024
-
- Exhibit 06: Global – Market size and forecast 2020 – 2024 ($ million)
- Exhibit 07: Global market: Year-over-year growth 2020 – 2024 (%)
4 Five Forces Analysis
- 4.1 Five Forces Summary
- 4.2 Bargaining power of buyers
-
- Exhibit 09: Bargaining power of buyers
- 4.3 Bargaining power of suppliers
-
- Exhibit 10: Bargaining power of suppliers
- Exhibit 11: Threat of new entrants
- 4.4 Threat of new entrants
-
- Exhibit 12: Threat of substitutes
- 4.5 Threat of substitutes
- 4.6 Threat of rivalry
-
- Exhibit 13: Threat of rivalry
- Exhibit 14: Market condition – Five forces 2020
- 4.7 Market condition
5 Market Segmentation by Deployment
- 5.1 Market segments
-
- Exhibit 16: Comparison by Deployment
- 5.2 Comparison by Deployment
-
- Exhibit 17: Public cloud – Market size and forecast 2019-2024 ($ million)
- 5.3 Public cloud – Market size and forecast 2019-2024
-
- Exhibit 18: Public cloud – Year-over-year growth 2019-2024 (%)
- Exhibit 19: Hybrid cloud – Market size and forecast 2019-2024 ($ million)
- 5.4 Hybrid cloud – Market size and forecast 2019-2024
-
- Exhibit 20: Hybrid cloud – Year-over-year growth 2019-2024 (%)
- Exhibit 21: Private cloud – Market size and forecast 2019-2024 ($ million)
- 5.5 Private cloud – Market size and forecast 2019-2024
-
- Exhibit 22: Private cloud – Year-over-year growth 2019-2024 (%)
- Exhibit 23: Market opportunity by Deployment
- 5.6 Market opportunity by Deployment
6 Customer landscape
7 Geographic Landscape
- 7.1 Geographic segmentation
-
- Exhibit 26: Geographic comparison
- 7.2 Geographic comparison
-
- Exhibit 27: North America – Market size and forecast 2019-2024 ($ million)
- 7.3 North America – Market size and forecast 2019-2024
-
- Exhibit 28: North America – Year-over-year growth 2019-2024 (%)
- Exhibit 29: Europe – Market size and forecast 2019-2024 ($ million)
- 7.4 Europe – Market size and forecast 2019-2024
-
- Exhibit 30: Europe – Year-over-year growth 2019-2024 (%)
- Exhibit 31: APAC – Market size and forecast 2019-2024 ($ million)
- 7.5 APAC – Market size and forecast 2019-2024
-
- Exhibit 32: APAC – Year-over-year growth 2019-2024 (%)
- Exhibit 33: South America – Market size and forecast 2019-2024 ($ million)
- 7.6 South America – Market size and forecast 2019-2024
-
- Exhibit 34: South America – Year-over-year growth 2019-2024 (%)
- Exhibit 35: MEA – Market size and forecast 2019-2024 ($ million)
- 7.7 MEA – Market size and forecast 2019-2024
-
- Exhibit 36: MEA – Year-over-year growth 2019-2024 (%)
- Exhibit 37: Key leading countries
- 7.8 Key leading countries
- 7.9 Market opportunity by geography
-
- Exhibit 38: Market opportunity by geography ($ million)
8 Drivers, Challenges, and Trends
- 8.1 Market drivers
- 8.2 Market challenges
-
- Exhibit 39: Impact of drivers and challenges
- 8.3 Market trends
9 Vendor Landscape
- 9.1 Overview
-
- Exhibit 41: Landscape disruption
- 9.2 Landscape disruption
-
- Exhibit 42: Industry risks
10 Vendor Analysis
- 10.1 Vendors covered
- 10.2 Market positioning of vendors
-
- Exhibit 44: Market positioning of vendors
- Exhibit 45: Accenture Plc – Overview
- Exhibit 46: Accenture Plc – Business segments
- 10.3 Accenture Plc
- 10.4 Alphabet Inc.
-
- Exhibit 52: Alphabet Inc. – Key offerings
- Exhibit 53: Alphabet Inc. – Segment focus
- Exhibit 54: Amazon.com Inc. – Overview
- Exhibit 55: Amazon.com Inc. – Business segments
- 10.5 Amazon.com Inc.
-
- Exhibit 56: Amazon.com Inc. – Key offerings
- Exhibit 57: Amazon.com Inc. – Segment focus
- Exhibit 58: Cisco Systems Inc. – Overview
- Exhibit 59: Cisco Systems Inc. – Business segments
- Exhibit 60: Cisco Systems Inc. – Key news
- 10.6 Cisco Systems Inc.
-
- Exhibit 61: Cisco Systems Inc. – Key offerings
- Exhibit 62: Cisco Systems Inc. – Segment focus
- Exhibit 63: Dell Technologies Inc. – Overview
- Exhibit 64: Dell Technologies Inc. – Business segments
- 10.7 Dell Technologies Inc.
-
- Exhibit 65: Dell Technologies Inc. – Key offerings
- Exhibit 66: Dell Technologies Inc. – Segment focus
- Exhibit 67: Deloitte Touche Tohmatsu Ltd. – Overview
- Exhibit 68: Deloitte Touche Tohmatsu Ltd. – Business segments
- 10.8 Deloitte Touche Tohmatsu Ltd.
-
- Exhibit 69: Deloitte Touche Tohmatsu Ltd.– Key news
- Exhibit 70: Deloitte Touche Tohmatsu Ltd. – Key offerings
- Exhibit 71: Deloitte Touche Tohmatsu Ltd. – Segment focus
- Exhibit 72: DXC Technology Co. – Overview
- Exhibit 73: DXC Technology Co. – Business segments
- 10.9 DXC Technology Co.
-
- Exhibit 74: DXC Technology Co. – Key news
- Exhibit 75: DXC Technology Co. – Key offerings
- Exhibit 76: DXC Technology Co. – Segment focus
- Exhibit 77: International Business Machines Corp. – Overview
- Exhibit 78: International Business Machines Corp. – Business segments
- 10.10 International Business Machines Corp.
-
- Exhibit 79: International Business Machines Corp. – Key offerings
- Exhibit 80: International Business Machines Corp. – Segment focus
- Exhibit 81: Microsoft Corp. – Overview
- Exhibit 82: Microsoft Corp. – Business segments
- 10.11 Microsoft Corp.
-
- Exhibit 83: Microsoft Corp. – Key offerings
- Exhibit 84: Microsoft Corp. – Segment focus
- Exhibit 85: VMware Inc. – Overview
- Exhibit 86: VMware Inc. – Business segments
- Exhibit 87: VMware Inc. – Key news
- 10.12 VMware Inc.
-
- Exhibit 88: VMware Inc. – Key offerings
- Exhibit 89: VMware Inc. – Segment focus
11 Appendix
- 11.1 Scope of the report
-
- Exhibit 90: Currency conversion rates for US$
- 11.2 Currency conversion rates for US$
-
- Exhibit 91: Research Methodology
- 11.3 Research methodology
-
- Exhibit 92: Validation techniques employed for market sizing
- Exhibit 93: Information sources
- Exhibit 94: List of abbreviations
- 11.4 List of abbreviations
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/
SOURCE Technavio
