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Cloud Migration Services Market worth $29.2 billion by 2028 - Exclusive Report by MarketsandMarkets™CHICAGO, Feb. 15, 2024 /PRNewswire/ -- Trends including edge computing migration, AI-driven solutions, containerisation, and the use of hybrid and multi-cloud infrastructure will shape the cloud migration services market in the future. The evolution of services is driven by issues like regulatory compliance and the complexity of data migration; cost optimisation, DevOps integration, and ecosystem collaboration are key components of effective, safe, and compliant cloud migrations.  The Cloud Migration Services Market is projected to grow from USD 10.2 billion in 2023 to USD 29.2 billion by 2028, at a compound annual growth rate (CAGR) of 23.3% during the forecast period, according to a new report by MarketsandMarkets™. The Cloud Migration Services Market is expected to grow significantly during the forecast period, owing to numerous business drivers such as rising demand for better agility and automation, and seamless integration and compatibility of enterprises with the evolving landscape of cloud technology. Browse in-depth TOC on "Cloud Migration Services Market" 219 - Tables Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=266815130 Scope of the Report
By service type, assessment & planning services segment to register for the largest market size during the forecast period. By service type, assessment & planning services segment is expected to register the largest market size during the forecast period. These services align the cloud migration strategy with the business objectives of the organization. By understanding the specific goals and requirements, assessment services ensure that the migration plan is tailored to meet the unique needs of the business. Assessment and Planning Services form the foundational phase of cloud migration, providing organizations with a comprehensive understanding of their current state, aligning migration strategies with business objectives, identifying and mitigating risks, and developing a detailed roadmap for a successful transition to the cloud. Request Sample Pages@ https://www.marketsandmarkets.com/requestsampleNew.asp?id=266815130 By deployment mode, hybrid cloud to register for the highest CAGR during the forecast period. The hybrid cloud segment of the Cloud Migration Services Market is growing rapidly. Hybrid Cloud deployment, supported by cloud migration services, provides organizations with a balanced and adaptable approach to cloud adoption. It offers the advantages of cloud scalability and innovation while allowing organizations to retain control over certain workloads and maintain compliance with specific requirements. Cloud migration services are instrumental in designing, implementing, and optimizing Hybrid Cloud solutions tailored to the unique needs of each organization. By region, Asia Pacific accounted for highest growth rate during the forecast period. Asia Pacific is witnessing significant growth in Cloud Migration Services Market. Companies in the region are recognizing the cost benefits associated with cloud migration. Cloud services offer a pay-as-you-go model, eliminating the need for significant upfront investments in hardware and infrastructure. Several governments across the Asia Pacific region have been promoting cloud adoption through various initiatives and policies. These efforts aim to foster innovation, improve public services, and drive economic growth. Top Key Companies in Cloud Migration Services Market: Some major players in the Cloud Migration Services Market include IBM (US), AWS (US), Google (US), Microsoft (US), Oracle (US), SAP (Germany), VMWare (US), Cisco (US), NTT Data (Japan), Accenture (Ireland), Infosys (India), DXC (US), HPE (US), Veritis (US), RiverMeadow (US), Rackspace (US), Informatica (US), WSM (US), and so on. Recent Developments:
Inquire Before Buying@ https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=266815130 Cloud Migration Services Market Advantages:
Report Objectives
Browse Adjacent Markets: Cloud Computing Market Research Reports & Consulting Related Reports: Cloud Storage Market - Global Forecast to 2028 Cloud Mobile Backend as a Service Market - Global Forecast to 2028 Telecom Cloud Market - Global Forecast to 2027 Cloud TV Market- Global Forecast to 2026 Biometrics as a Service Market- Global Forecast to 2025 About MarketsandMarkets™ MarketsandMarkets™ has been recognized as one of America's best management consulting firms by Forbes, as per their recent report. MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients. Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes. The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry. To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook. Contact: Logo: https://mma.prnewswire.com/media/2297424/MarketsandMarkets_Logo.jpg
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