Global Cloud Migration Services Market Is Expected to Reach $515.83 billion by 2027

Share on facebook
Share on google
Share on twitter
Share on linkedin
Time to Read: 3 minutes
Increase in need for business agility & automation, ease in deployment of applications with pay-as-you-go model, and rise in demand for cloud migration in business continuity fuel the growth of the global cloud migration services market. By application, the infrastructure management segment held the highest share in 2019. By region, on the other hand, Europe appeared as the highest revenue holder in the same year.

Portland, OR, April 05, 2021 (GLOBE NEWSWIRE) — According to the report published by Allied Market Research, the global cloud migration services market was pegged at $88.46 billion in 2019 and is estimated to hit $515.83 billion by 2027, registering a CAGR of 24.8% from 2020 to 2027. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive landscape, and changing market trends.

Increase in need for business agility & automation, ease in deployment of applications with pay-as-you-go model, and rise in demand for cloud migration in business continuity fuel the growth of the global cloud migration services market. On the other hand, vendor lock-in and enterprise application’s cloud compatibility & cloud interoperability impede the growth to some extent. However, surge in cloud expenditure and requirement for lower CAPEX and OPEX are expected to create new opportunities in the industry.


Download Report Sample (150 Pages PDF with Insights) @

Covid-19 scenario-

  • The Covid-19 pandemic led to hu ge adoption of agile business continuity plan, while cloud adoption also became “a new normal” for organizations looking for all-in-one execution of “work from home” strategy.

  • Apprehending the advantages such as abridged cost, enriched efficiency, and convenience, the IT & telecommunications industry has augmented the migration process and enabled multi-cloud environments.

  • Simultaneously, many cloud service providers have come up with attractive cloud migration strategies, which in turn has created several opportunities for the leading market players.

Related Article  Mending the Gap in Enterprise Digital & Analytics Adoption

Get detailed COVID-19 impact analysis on the cloud migration services market:

The global cloud migration services market is analyzed across service type, application, organization size, deployment mode, industry vertical, and region. By service type, the managed services segment accounted for nearly three-fifths of the total market share in 2019, and is expected to dominate during the forecast period. Simultaneously, the professional services segment would manifest CAGR of 25.9% from 2020 to 2027.

By application, the infrastructure management segment contributed to nearly two-fifths of the total market revenue in 2019, and is expected to rule the roost during the forecast period. At the same time, the security & compliance management segment would exhibit the fastest CAGR of 29.3% from during the forecast period.

Based on region, Europe held the highest share in 2019, generating nearly two-fifths of the global cloud migration services market. The region across would showcase the fastest CAGR of 28.2% from 2020 to 2027. The other two regions analyzed through the report include North America and LAMEA.

The leading market players analyzed in the global cloud migration services market report include Cisco Systems, Inc., VMware Inc., DXC Technology, Google LLC, International Business Machines Corporation (IBM), RiverMeadow Software, Inc., Microsoft Corporation, Amazon Web Services, Inc., NTT DATA Corporation, and Rackspace Hosting Inc. These market players have adopted different strategies including partnership, expansion, collaboration, joint ventures, and others to reinforce their status in the industry.

For Purchase Enquiry:

Access AVENUE- A Subscription-Based Library (Premium on-demand, subscription-based pricing model) at:

Related Article  Cloud Infrastructure market: Amazon, Microsoft, and Google continue to thrive


Avenue is a user-based library of global market report database, provides comprehensive reports pertaining to the world’s largest emerging markets. It further offers e-access to all the available industry reports just in a jiffy. By offering core business insights on the varied industries, economies, and end users worldwide, Avenue ensures that the registered members get an easy as well as single gateway to their all-inclusive requirements.

Avenue Library Subscription | Request for 14 days free trial of before buying:

About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

AMR introduces its online premium subscription-based library Avenue, designed specifically to offer cost-effective, one-stop solution for enterprises, investors, and universities. With Avenue, subscribers can avail an entire repository of reports on more than 2,000 niche industries and more than 12,000 company profiles. Moreover, users can get an online access to quantitative and qualitative data in PDF and Excel formats along with analyst support, customization, and updated versions of reports.

Title image:

(Disclaimer: The opinions expressed in this column are that of the writer. The facts and opinions expressed here do not reflect the views of

RSS Latest Technology News

  • Intel is using machine learning to make GTA V look incredibly, unsettlingly realistic May 13, 2021
    Putting the game through the processes researchers Stephan R. Richter, Hassan Abu Alhaija, and Vladlen Kolten created produces a surprising result: a visual look that has unmistakable similarities to the kinds of photos you might casually take through the ...
    Carlos Campbell
  • Instagram announces dedicated area to add pronoun choices to profiles May 12, 2021
    Instagram has announced that users can now add their preferred pronoun from choices provided by Instagram, into a designated area on their profile. App users will be able to add up to four pronoun choices, to be displayed on their profile, the company said.
    Douglas Jones
  • TCL's First Absolutely Massive TVs Are Officially Here May 12, 2021
    After being teased at CES earlier this year, TCL has officially announced pricing and availability for its monster 80-inch-plus displays. You know, for those of us who want our screens to effectively take up an entire wall in our homes. Advertisement.


Follow Us

Global Cloud Migration Services Market Is Expected to Reach $515.83 billion by 2027

by Hemanth Reddy Sudini Time to Read: 3 min
AI Tool to Reshape Treatment by Predicting Cell Behaviors
Get to know the latest updates on exponential technologies, new age industry segments with our weekly XTechalpha Xclusive newsletter straight in your mailbox.