The cloud migration services market is expected to grow by USD 13.01 billion during 2021-2025, according to Technavio. The report offers a detailed analysis of the impact of the COVID-19 pandemic on the cloud migration services market in optimistic, probable, and pessimistic forecast scenarios.
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With the continuing spread of the coronavirus pandemic, organizations across the globe are gradually flattening their recessionary curve by leveraging technology. Many businesses will go through response, recovery, and renewal phases. Building business resilience and enabling agility will aid organizations to move forward in their journey out of the COVID-19 crisis towards the Next Normal.
Key Considerations for Market Forecast:
- Impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior
- Optimistic, probable, and pessimistic scenarios for all markets as the impact of pandemic unfolds
- Pre- as well as post-COVID-19 market estimates
- Quarterly impact analysis and updates on market estimates
The cloud migration services market is driven by the increasing adoption of cloud computing. In addition, the rising adoption of container-as-a-service solutions is expected to positively influence the market growth during the forecast period.
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Major Five Cloud Migration Services Market Participants:
Accenture Plc: The company offers Accenture myNav. It is a new cloud platform designed to assess, disposition, architect, and simulate cloud solutions at a large scale.
Alphabet Inc.: The company offers cloud migration services for optimizing both efficiency and flexibility.
Amazon.com Inc.: The company offers Amazon S3. It is a storage platform in the cloud. It allows organizations to run powerful analytics directly on the cloud.
Cisco Systems Inc.: The company offers services for the optimization of networks. These services predict network threats and protect businesses from them. The company offers end-to-end guidance to speed up the transition to a new network.
Dell Technologies Inc.: The company offers cloud migration services through its product Dell Cloud Consulting Service.
Cloud Migration Services Market 2021-2025: Segmentation
Cloud migration services market is segmented as below:
- Public Cloud
- Hybrid Cloud
- Private Cloud
- North America
- South America
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