Global Data Migration Market By Component (Software v/s Service), By Deployment Mode (On-Premise v/s Cloud), By Organization Size (Large Enterprises v/s SMEs), By Data Type (Customer Data, Product Data, Financial Data, Compliance Data, Supplier Data, Others), By Business Function (Marketing, Sales, Finance, Legal, Operations, HR, Others), By End User Industry (IT & Telecommunication, BFSI, Energy

Published Date: November - 2024 | Publisher: MIR | No of Pages: 320 | Industry: ICT | Format: Report available in PDF / Excel Format

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Global Data Migration Market By Component (Software v/s Service), By Deployment Mode (On-Premise v/s Cloud), By Organization Size (Large Enterprises v/s SMEs), By Data Type (Customer Data, Product Data, Financial Data, Compliance Data, Supplier Data, Others), By Business Function (Marketing, Sales, Finance, Legal, Operations, HR, Others), By End User Industry (IT & Telecommunication, BFSI, Energy

Global data migration market is expected to grow at a formidable rate during the forecast period. The global data migration market is driven by the generation of voluminous amount of data across businesses. This has drastically increased the need to migrate the data either to other databases or cloud. This has in turn increased the adoption of advanced technologies such as IoT, AI, cloud computing and big data analytics solutions across industries. All these factors are expected to positively influence the market growth over the next few years. Besides, adhering to the regulatory norms and need to maintain data legacy are further expected to propel the market growth through 2027. Furthermore, technological advancements and new product launches by the major players operating in the market is expected to create lucrative opportunities for growth during the forecast period. However, data quality and integrity issues can hamper the market growth through 2027.

The global data migration market is segmented based on component, deployment mode, organization size, data type, business function, end user industry, company, and region. Based on component, the market can be split into software and service. The data migration software segment is expected to dominate the market owing to the increased adoption of such software across enterprises to manage and store enormous amount of data and maintain business continuity. Based on deployment mode, the market can be bifurcated into on-premises and cloud. The cloud segment is expected to dominate the market through 2027. This can be ascribed to the associated benefits such as scalability, flexibility, large storage space, 24/7 availability, auto-update feature, among others offered by cloud solutions.

Regionally, the data migration market

The major players operating in the data migration market are IBM Corporation, Oracle Corporation, Amazon Web Services, Microsoft Corporation, SAS Institute, Inc., SAP SE, Informatica, Information Builders, Talend, Attunity and others. Major companies are developing advanced technologies and launching new services to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new service developments.

Objective of the Study

  • To analyze and estimate the market size of global data migration market from 2017 to 2020.
  • To estimate and forecast the market size of global data migration market from 2021 to 2027 and growth rate until 2027.
  • To classify and forecast global data migration market based on component, deployment mode, organization size, data type, business function, end user industry, company and regional distribution.
  • To identify dominant region or segment in the global data migration market.
  • To identify drivers and challenges for global data migration market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global data migration market.
  • To identify and analyze the profile of leading players operating in global data migration market.
  • To identify key sustainable strategies adopted by market players in global data migration market.

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Market Insights Research performed both primary as well as exhaustive secondary research for this study. Initially, Market Insights Research sourced a list of service providers across the globe. Subsequently, Market Insights Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, Market Insights Research could include the service providers which could not be identified due to the limitations of secondary research. Market Insights Research analyzed the service providers, distribution channels and presence of all major players across the globe.

Market Insights Research calculated the market size of

Key Target Audience

  • Data migration service provider companies
  • Market research and consulting firms
  • Government bodies such as regulating authorities and policy makers
  • Organizations, forums and alliances related to data migration

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as service providers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Attribute

Details

Base Year

2021

Historical Years

2017 â€“ 2020

Estimated Year

2022

Forecast Period

2023 – 2027

Quantitative Units

Revenue in USD Million, Volume in Units, and CAGR for 2017-2021 and 2022-2027

Report Coverage

Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends

Segments Covered

·         Component

·         Deployment Mode

·         Organization Size

·         Data Type

·         Business Function

·         End User Industry

Regional Scope

North America; Asia Pacific; Europe & CIS; South America; Middle East & Africa

Country Scope

United States; Canada; Mexico; China; India; Japan; Malaysia; Thailand; Indonesia; Vietnam; South Korea; Germany; France; United Kingdom; Spain; Italy; Belgium; Russia; Brazil; Argentina; Colombia; Saudi Arabia; UAE; South Africa; Egypt

Key Companies Profiled

IBM Corporation, Oracle Corporation, Amazon Web Services, Microsoft Corporation, SAS Institute, Inc., SAP SE, Informatica, Information Builders, Talend, Attunity.

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