IGR Global Cloud Migration Services Market | Page 2

The report on Cloud Migration Services Market by application (project, storage, performance
management), by service type (application load and testing, application management and monitoring,
cloud integration, disaster recovery), by vertical (consumer goods, government and public sector,
healthcare) trends analysis and forecasts up to 2023 studies the market sizes, key trends and opportunities
in the main geographies such as North America, Europe, Asia-Pacific, Rest of the World. According to the
report the Global Cloud Migration Services Market is projected to grow at a CAGR of 24.2% in terms of
value over the period of 2017-2023. The growth in the world market is primarily driven by significant
contribution by North America (Leading region) region to this market.
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Cloud migration services provide reference architecture and methodologies to move cloud applications to
the cloud according to the organizations necessities. Adopting cloud migration services enables
organizations to implement enhanced security to data that is moved to the cloud by using encryption
techniques.
Cloud migration services market is driven by factors comprising of increasing demand of migrating
applications and business processes to the cloud, adopting enhanced security, flexibility, and reducing
operational costs.
Segments Covered:
The report segments the global cloud migration services market by application, by service type, by vertical
and by region. The application includes project management, storage management and performance
management. The service type includes application load and testing, application management and
monitoring, cloud integration, disaster recovery, professional services and managed services. The vertical
includes BFSI, consumer goods and retail, government and public sector, healthcare, manufacturing,
telecommunication and IT, travel and hospitality, and among others.