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(Wireless-NewsWire.Com, March 29, 2018 ) According to Publisher, the Global Cloud Migration Services Market is expected to grow from $3.35 billion in 2017 to reach $20.65 billion by 2027 with a CAGR of 22.4%. Rising awareness about business continuity, rising penetration of cloud computing & technological advancements, adopting improved security, flexibility, and reducing operational costs are some of the key factors fostering the market growth. However, factors such as fear of vendor lock-in and lack of stringent SLAs are inhibiting the market.
Cloud migration is the process of partially or completely deploying an organization's digital assets, services, IT resources or applications to the cloud. The migrated assets are accessible behind the cloud's firewall. It is also known as business process outsourcing (BPO), which may entail a migrating total organizational infrastructure, where computing, storage, software and platform services are transferred to the cloud for access.
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The adoption of cloud services among Small and Medium-sized Enterprises (SMEs) have become a central part of the business process, owing to the ease of use and the flexibility they offer, and is expected to grow in the coming years. Asia-Pacific is estimated to grow at the highest CAGR during the forecast period due to the increased spending on Information Technology (IT) infrastructure.
Some of the key players in the Cloud Migration Service Market include IBM, Cisco, Informatica, Microsoft, Google, NTT Data, Vmware, Rackspace, DXC, WSM, Rivermeadow, Virtustream, Openstack, Zerto and AWS.
Deployment Models Covered:
- Private Cloud
- Hybrid Cloud
- Public Cloud
Organization Sizes Covered:
- Small and Medium-Sized Enterprises
- Large Enterprises
Applications Covered:
- Infrastructure Management
- Compliance and Security Management
- Project Management
- Other Applications
Service Types Covered:
- Training and Consulting
- Managed Services
- Support and Maintenance
- Automation and Integration
- Application Hosting and Monitoring
- Devops
- Disaster Recovery
End Users Covered:
- Media and Entertainment
- Government and Public Sector
- Telecommunications and ITES
- Banking, Financial Services, and Insurance
- Healthcare and Life Sciences
- Manufacturing
- Consumer Goods and Retail
- Other End Users
For more information http://www.reportsweb.com/cloud-migration-services-global-market-outlook-2017-2026
Table of Contents
1 Executive Summary
2 Preface
3 Market Trend Analysis
4 Porters Five Force Analysis
5 Global Cloud Migration Services Market, By Deployment Model
6 Global Cloud Migration Services Market, By Organization Size
7 Global Cloud Migration Services Market, By Application
8 Global Cloud Migration Services Market, By Service Type
9 Global Cloud Migration Services Market, By End User
10 Global Cloud Migration Services Market, By Geography
11 Key Developments
12 Company Profiling
12.1 IBM
12.2 Cisco
12.3 Informatica
12.4 Microsoft
12.5 Google
12.6 NTT Data
12.7 Vmware
12.8 Rackspace
12.9 DXC
12.10 WSM
12.11 Rivermeadow
12.12 Virtustream
12.13 Openstack
12.14 Zerto
12.15 AWS
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