Cloud Migration Services Market Outlook
According to the latest report from Expert Market Research (EMR), the global cloud migration services market size reached a valuation of USD 213.56 billion in 2024. Driven by the increasing shift toward cloud computing across industries and the growing need for businesses to modernise their IT infrastructure, the market is expected to witness robust growth at a compound annual growth rate (CAGR) of 24.6% during the forecast period from 2025 to 2034, ultimately reaching a market value of USD 1,546.57 billion by 2034.
Cloud migration refers to the process of transferring data, applications, and workloads from on-premise systems or legacy infrastructure to cloud environments. This migration is often undertaken to enhance scalability, flexibility, and cost-efficiency, offering businesses the ability to optimise their IT resources and operations. The rising demand for cloud-based solutions, coupled with the rapid adoption of digital transformation strategies by businesses globally, is driving the growth of the cloud migration services market.
Key Drivers of Market Growth
The primary drivers behind the growing cloud migration services market are the increasing need for businesses to modernise their IT infrastructure and the rising adoption of cloud computing across industries. With organisations looking for greater operational efficiency, lower costs, and more secure data management solutions, cloud services have emerged as the preferred choice for IT resource management.
One of the primary catalysts of this growth is the shift toward hybrid and multi-cloud environments. Organisations are increasingly adopting a mix of private, public, and edge computing models to meet specific business needs, and as a result, there is a heightened demand for cloud migration services to integrate and manage multiple cloud environments seamlessly.
Another factor contributing to market expansion is the growing demand for scalable solutions. With businesses expanding and evolving rapidly, their IT requirements are becoming more complex. Cloud services offer flexibility and scalability that on-premise infrastructure cannot match, allowing businesses to scale up or down as required without the need for large capital investments. This scalability has been especially valuable for small- and medium-sized enterprises (SMEs), which are increasingly moving to the cloud to remain competitive.
Furthermore, businesses are becoming more data-driven, and the cloud offers significant benefits in terms of data storage, processing, and analytics capabilities. Cloud migration allows organisations to streamline operations, improve data accessibility, and harness advanced technologies such as artificial intelligence (AI) and machine learning (ML) that are integrated into many cloud platforms. These technological advancements, coupled with the expanding data ecosystem, are significantly influencing cloud migration trends across various industries.
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Cloud Migration Services Market Segmentation
The market can be divided based on platform, app category, and region.
Market Breakup by Platform
- Google Store
- Apple Store
- Others
Market Breakup by App Category
- Gaming
- Music and Entertainment
- Health and Fitness
- Social Networking
- Retail and e-Commerce
- Video and Photo
- Travel and Hospitality
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global mobile application market. Some of the major players explored in the report by Expert Market Research are as follows:
- Google LLC
- Apple Inc.
- Microsoft Corporation
- Meta Platforms, Inc.
- com, Inc.
- IBM Corporation
- Cognizant Technology Solutions Corporation
- Gameloft SE
- Alibaba Group
- Hewlett Packard Enterprise Development LP
- Others
Challenges to Cloud Migration
Despite the significant benefits, businesses face several challenges when undertaking cloud migration services market. One of the primary hurdles is the complexity of migrating legacy systems to the cloud. Many organisations have entrenched IT infrastructures that have been developed over several decades, making the migration process resource-intensive and time-consuming.
Another major challenge is data security and compliance. Although cloud providers implement robust security measures, businesses are often concerned about the safety of sensitive data once it is transferred to the cloud. In sectors such as healthcare, finance, and government, stringent regulatory requirements add additional complexity to the migration process.
Additionally, there is the issue of skill shortages. Cloud migration often requires specialised knowledge and expertise, which many businesses lack internally. As a result, organisations are increasingly turning to third-party cloud migration service providers to manage the migration process effectively.
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