Market Scenario:The global cloud migration services market 2020 is poised to reach the USD ~ 8 billion by 202, according to the report found by Market Research Future.
The report also states that the market is set to grow at a rate of ~22% during the forecast period (2016-2023).Novel coronavirus has Cloud migration services market to open new avenues for those firms that are on the lookout for solutions that are reliable, efficiently managed, scalable, and are subscription-based, to remain more focused on the core business.
Given the prevalent lockdown situation, managed services vendors are now investing heavily in remote-centric worker solutions, which can make the market highly resilient in the coming years, even as the world is currently rushing to achieve a COVID-19 breakthrough.Request a Free Sample @ https://www.marketresearchfuture.com/sample_request/5785Competitive Outlook:The leading market players in the global cloud migration services market are listed as HCL Technologies (India), Tech Mahindra (India), Microsoft Corporation (U.S.), IBM Corporation (U.S.), Dell (U.S.), Amazon Web Services Inc. (U.S.), Wipro Ltd. (India), Accenture PLC (Republic of Ireland), Vmware, Inc. (U.S.), NTT DATA, Inc. (Japan), and among others.Segmentation:Services, deployment, organization size, applications, and industries are the main segments upon which the study of the market has been conducted.The services segment has included managed services and professional service.
Among these, the professional services are also sub-segmented into support & maintenance, automation & integration, training & consulting, disaster recovery, and others.Based on the deployment segment, it has included private, public, and hybrid.
In the last, the industry segment has included IT & telecommunication, manufacturing, government, and others.Regional Analysis:The global cloud migration services market is spanned across regions of Asia Pacific, Europe, North America, and the Rest of the World.Among these regions, North America is the leading region as it has a massive demand for cloud services owing to the rising adoption of artificial intelligence.
Whereas the region of Asia Pacific is also considered as one of the fastest emerging markets for cloud migration services, mainly in countries of Japan, China, and India.