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Cloud Migration Market trend Shows a Rapid Growth by 2027 - key player Accenture, Amazon Web, Cisco Systems, Cognizant Technology, DXC Technology, Google, IBM, Microsoft

Press release   •   Jun 11, 2019 01:04 IST

Cloud Migration Market

The "Global Cloud Migration Market Analysis to 2027" is a specialized and in-depth study of technology, media, and telecommunication industry with a special focus on the global market trend analysis. The report aims to provide an overview of the Cloud migration market with detailed market segmentation by service, application, end-user, and geography. The global cloud migration market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading cloud migration market players and offers key trends and opportunities in the market.

The 21st century has witnessed an explosion of data post the boom of internet and dot com revolution. Large businesses depend on computers to store and process vital consumer data. The physical storage drives available in the market have proven to be insufficient for storing large data for companies. A new cloud-based model for data storage that provides abundant space and higher level of security has emerged in the last few years. The cloud storage is less expensive and it reduces the burden of any organization by allowing them to focus on their core operations. Many small and large enterprises have been migrating data, applications, and different business elements to the cloud computing environment from the existing traditional computing environments.

Key Benefits-
– To supply careful data concerning the main factors (drivers, restraints, opportunities, challenges, and trends) influencing the expansion of the Cloud Migration Market
– To forecast the scale of the market segments with regard to four major regional segments, namely, North America, Europe, Asia Pacific, and also the remainder of the planet (Latin America and also the Near East & Africa).

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The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the cloud migration market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the key development in the past five years.

Accenture PLC
Amazon Web Services
Cisco Systems
Cognizant Technology
DXC Technology
Rackspace US
SAS Institute

Advantages such as faster and easier deployment along with scalability flexibility, and the rising demand from businesses to lower capital and operational expenditures are anticipated to boost the cloud migration market globally. Concerns around the compatibility of various enterprise applications in the cloud are one of the major restraining factors in the cloud migration market. Growing market attractiveness in emerging industry verticals especially healthcare is anticipated to further provide good opportunities to the players operating in the cloud migration market.

The global cloud migration market is segmented on the basis of service, application, and end-user. On the basis of service, the cloud migration market is segmented into Infrastructure as a Service (IaaS), Software as a Service (SaaS), and Platform as a Service (PaaS). The cloud migration market on the basis of the application is classified into project management, compliance and security management, and infrastructure management. Based on end-user, the cloud migration market is segmented into BFSI, retail, healthcare, IT and Telecom, manufacturing, government, and others.

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Cloud Migration Market to 2027 - Global Analysis and Forecasts by Service (PaaS, IaaS, SaaS); Application (Project Management, Compliance and Security Management, Infrastructure Management); End-User (BFSI, Retail, Healthcare, IT and Telecom, Manufacturing, Government, Others) and Geography

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global cloud migration market based on various segments. It also provides market size and forecast estimates from the year 2018 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The cloud migration market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of eighteen countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the cloud migration market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the cloud migration market in these regions.

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– Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Cloud Migration Market.
– Highlights key business priorities in order to assist companies to realign their business strategies.
– The key findings and recommendations highlight crucial progressive industry trends in the global Cloud Migration Market, thereby allowing players across the value chain to develop effective long-term strategies.
– Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
– Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
– Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.

About The Insight Partners

The Insight Partners is a one-stop industry research provider of actionable solutions. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are specialist in industries such as Aerospace & Defense, Automotive, Chemicals, Technology, Media & Telecommunications, Electronics & Semiconductor, Manufacturing & Construction and Healthcare.

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Call: +1-646-491-9876

The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Media, Healthcare and Telecommunication industries.

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