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Cloud Migration Services Market
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Cloud Migration Services Market

Author: Ranjana Pant - Research Analyst, Report ID - DS1102056, Published - June 2025

Segmented in Service Type (Infrastructure as a Service, Platform as a Service, Software as a Service), End-User Industry (Healthcare, Finance, Retail, Telecom, Manufacturing, Others), Migration Process, Deployment Model, Enterprise Size and Regions - Global Industry Analysis, Size, Share, Trends, and Forecast 2024 – 2034

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Global Cloud Migration Services
Market Outlook

The market, for Cloud Migration Services was estimated at $10.9 billion in 2024; and it is anticipated to increase to $47.9 billion by 2030 with projections indicating a growth to around $164.7 billion by 2035. This expansion represents a compound annual growth rate (CAGR) of 28.0% over the forecast period. The burgeoning demand for Cloud Migration Services is increasingly pivotal in today's digital era, primarily driven by the need for enterprises to optimize their IT infrastructure, improve operational efficiency and reduce costs. Globalisation and the rapid expansion of workplace flexibility have made Cloud Migration Services integral to business continuity. With businesses prioritizing data-centric workflows, along with the proliferation of heavy data applications, the significance and relevance of cloud migration continue to surge multi-fold as robust, scalable, and cost-effective approaches to handle, store, and process exponential data volumes. Reduced risk of data loss and server redundancy, along with enhanced disaster recovery capabilities, further upsurge reliance on these services, maintaining the steady momentum of this markets growth.


Cloud Migration Services assist businesses in transferring their data, applications, and IT processes from on-premise or legacy infrastructure to the cloud. Marked by scalability, flexibility, and security, these services enable organizations to process substantial data volumes seamlessly while ensuring reduced downtime and minimal disruption to operational workflows.


Market Size Forecast & Key Insights

2019
$10.9B2024
2029
$128B2034

Absolute Growth Opportunity = $118B

The Cloud Migration Services market is projected to grow from $10.9 billion in 2024 to $128 billion in 2034. This represents a CAGR of 28.0%, reflecting rising demand across Data Center Transformation, Disaster Recovery and Modernization.

The Cloud Migration Services market is set to add $118 billion between 2024 and 2034, with manufacturer targeting Finance & Retail End-User Industry projected to gain a larger market share.

With Accelerated digital transformation, and Scalability and flexibility demand, Cloud Migration Services market to expand 1081% between 2024 and 2034.

Opportunities in the Cloud Migration Services Market

Leveraging Emerging Technologies

The rapid advancements in technology, such as AI and ML, present enormous opportunities for Cloud Migration Services. These technologies simplify the migration process by automating much of the heavy lifting, reducing costs, and increasing efficiency. Cloud providers can leverage these emerging technologies to enhance their offerings, making their services more appealing to potential customers.

Strategic Partnerships for Competitive Advantage and Addressing the Growing Enterprise Demand

Strategic partnerships between Cloud Migration Services providers and other tech companies have proven critical in expanding the reach of these services. Such collaborations can result in innovative solutions that cater to a wider range of customer needs, thereby driving growth for the sector. Cloud providers should, therefore, consider entering strategic collaborations to boost their market share.

The rising shift of businesses towards digitization increases their reliance on cloud-based solutions, presenting a vast business for Cloud Migration Services providers. The surge in demand is particularly evident among small and medium enterprises that seek to leverage cloud technologies to improve their operations and competitiveness. To tap into this growth, cloud providers should tailor their offerings to address the specific needs of SMEs and businesses in the process of digital transformation.

Growth Opportunities in North America and Asia-Pacific

Asia Pacific Outlook

Asia-Pacific is an emerging market for Cloud Migration Services with growing digitalization and rising awareness about the benefits of cloud technologies. The region is going through a massive technological transformation phase due to its burgeoning start-ups and SMEs, constituting the primary growth drivers for the market. The competitive landscape is broad but not only as severe as the North American market, characterized by the presence of both national and international players. The increasing cloud-based application deployment and the requirement to meet efficient business processes and models are enhancing the demand for cloud migration services. Despite the stringent local data protection requirements, the opportunities lie in the increasing IT spending on cloud services, primarily in countries like China, India, and Japan.

North America Outlook

The North American region dominates the Cloud Migration Services market, bestowed by a highly-developed IT infrastructure and the prevalence of major market players in the region. High demand for digital transformation across businesses amplifies the demand for Cloud Migration Services. There is a fierce competition among major providers such as IBM, Microsoft, and Google, boosted by the increasing necessity to lower operational costs and focus on core competencies. The data security and privacy regulations in this region drive the requirement for secured and reliable cloud migration service providers. However, the scalability and flexibility provided by cloud technologies attract businesses to adopt these services despite the competitive market.

North America Outlook

The North American region dominates the Cloud Migration Services market, bestowed by a highly-developed IT infrastructure and the prevalence of major market players in the region. High demand for digital transformation across businesses amplifies the demand for Cloud Migration Services. There is a fierce competition among major providers such as IBM, Microsoft, and Google, boosted by the increasing necessity to lower operational costs and focus on core competencies. The data security and privacy regulations in this region drive the requirement for secured and reliable cloud migration service providers. However, the scalability and flexibility provided by cloud technologies attract businesses to adopt these services despite the competitive market.

Asia-Pacific Outlook

Asia-Pacific is an emerging market for Cloud Migration Services with growing digitalization and rising awareness about the benefits of cloud technologies. The region is going through a massive technological transformation phase due to its burgeoning start-ups and SMEs, constituting the primary growth drivers for the market. The competitive landscape is broad but not only as severe as the North American market, characterized by the presence of both national and international players. The increasing cloud-based application deployment and the requirement to meet efficient business processes and models are enhancing the demand for cloud migration services. Despite the stringent local data protection requirements, the opportunities lie in the increasing IT spending on cloud services, primarily in countries like China, India, and Japan.

Growth Opportunities in North America and Asia-Pacific

Established and Emerging Market's Growth Trend 2025–2034

1

Major Markets : U.S., UK, Germany, Australia, Japan are expected to grow at 26.9% to 39.2% CAGR

2

Emerging Markets : Vietnam, South Africa, Chile are expected to grow at 21.0% to 29.1% CAGR

Market Analysis Chart

In the dynamic digital landscape, Cloud Migration Services have emerged as a vital solution, facilitating seamless transitions of data, applications, and business processes from on-premise servers to the cloud. The significant drivers for the adoption of these services include scalability, cost-efficiency, and enhanced security. Organizations are leveraging these advantages to foster innovation and improve their operational efficiency. The growing emphasis on digital transformation strategies further fuels the demand for cloud migration in a variety of industries.

Recent Developments and Technological Advancement

December 2024

Microsoft announced a significant expansion of their Azure Cloud Migration Services to include support for hybrid cloud environments, unveiling an innovative, user-friendly platform to manage the complexities of migrating physical and virtual servers

November 2024

Amazon Web Services launched a new cloud migration tool, AWS Migration Hub, providing a comprehensive solution to discover, plan, track, and complete the migration of applications and servers to the AWS Cloud

October 2024

IBM made a strategic move in the Cloud Migration Services market, upgrading its cloud suite with AI-based capabilities to offer customers robust analytics and automation tools to streamline the cloud migration process.

As a pivotal aspect of digital transformation, Cloud Migration Services have seen noticeable advancements and trends. Primarily, organizations are progressively adopting multi-cloud strategies, combining differing cloud services to optimize the benefits of cloud technology harmoniously. The emergence of specialized Cloud Service Providers offers custom-made solutions, fulfilling specific industry needs with increasing precision.

Impact of Industry Transitions on the Cloud Migration Services Market

As a core segment of the IT Services industry, the Cloud Migration Services market develops in line with broader industry shifts. Over recent years, transitions such as Cloud Adoption Acceleration and Emergence of Hybrid Cloud Solutions have redefined priorities across the IT Services sector, influencing how the Cloud Migration Services market evolves in terms of demand, applications and competitive dynamics. These transitions highlight the structural changes shaping long-term growth opportunities.

1

Cloud Adoption Acceleration:

The digital revolution has made cloud migration services a pivotal part of company strategy worldwide, leading to an acceleration in cloud adoption. With data considered the new oil, businesses are looking towards cloud migration to efficiently harness, manage and analyze their data. This shift has not only transformed the IT landscape but has also significantly impacted sectors like finance, healthcare and retail. Especially with the advent of remote working due to the pandemic, the demand for cloud migration services have surged to an alltime high allowing a seamless connectivity and data accessibility across dispersed teams. Industries that were traditionally slow in adopting new technologies have also embraced this trend to remain competitive. This transition has hence played an instrumental role in driving efficiency, productivity as well as cost savings across various industries.

2

Emergence of Hybrid Cloud Solutions:

With the diversification of cloud services, businesses are seeking a balanced combination of public, private, and onpremises infrastructure, giving rise to the popularity of hybrid cloud solutions.

Global Events Shaping Future Growth

The chart below highlights how external events including emerging market developments, regulatory changes, and technological disruptions, have added another layer of complexity to the IT Services industry. These events have disrupted supply networks, changed consumption behavior, and reshaped growth patterns. Together with structural industry transitions, they demonstrate how changes within the IT Services industry cascade into the Cloud Migration Services market, setting the stage for its future growth trajectory.

Market Dynamics and Supply Chain

Driver: Accelerated Digital Transformation, and Cost Efficiency and Productivity Improvement

In todays technologically advanced era, businesses across all industries are also increasingly shifting towards digital paradigms to improve operational efficiency and customer experience. This push for digital transformation is also one of the significant market s for cloud migration services. Companies adopting cloud migration tactics are also able to quickly adapt to technology advancements and maintain a competitive edge in their respective industries. This digital transformation trend is also expected to notably drive the growth of cloud migration services, catering to data security and disaster recovery applications in particular.
Cost efficiency and enhanced productivity are also key driving forces behind the accelerating adoption of cloud migration services. With cloud services, firms can also evade high upfront investment for infrastructure setup and maintenance.
One of the principal reasons businesses turn to cloud migration services is also the demand for scalability and flexibility in their operations. Unlike on-premise infrastructures, cloud services support expansion without major infrastructural investments. This trend towards seeking adaptable and scalable solutions is also a potential growth for cloud migration services. Especially in rapidly evolving industries, where the need to quickly scale-up or scale down operations is also common, the demand for adjustable cloud services is also expected to surge, thereby fuelling the market growth.

Restraint: Data Security Concerns

With increasing incidents of data breaches and cyber threats, data security remains a significant challenge in the Cloud Migration Services market. Migrating data to the cloud opens up vulnerabilities that can be exploited by cybercriminals. Enterprises often express concerns over the loss of direct control over their data in the cloud, which can potentially hamper the adoption of these services.

Challenge: Complexity of Migration Process

The complexity inherent in migrating applications and data from on-premise infrastructure to the cloud can act as a deterrent to the adoption of Cloud Migration Services. This explosion of complexity arises from re-platforming applications, integrating systems, and managing interoperability between cloud and legacy systems. This not only demands specialized skill sets but also extends the timeline for migration, increasing the costs and potentially slowing down the market growth.

Supply Chain Landscape

Hardware Manufacturers

Dell Technologies

Hewlett Packard Enterprise

Infrastructure Software Providers

IBM

Microsoft

Cloud Service Providers
Amazon Web Services / Google Cloud / Microsoft Azure
Migration Service Providers
Accenture / Tech Mahindra
Hardware Manufacturers

Dell Technologies

Hewlett Packard Enterprise

Infrastructure Software Providers

IBM

Microsoft

Cloud Service Providers

Amazon Web Services

Google Cloud

Microsoft Azure

Migration Service Providers

Accenture

Tech Mahindra

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Leading Providers and Their Strategies

Application AreaIndustryLeading Providers / ConsumersProvider Strategies
Cloud Infrastructure Migration
Information Technology
Amazon Web Services
Investing in innovative technologies and partnering with businesses to support their scalable workloads in the cloud
Performance Optimisation and Application Modernisation
Manufacturing
Microsoft Azure
Offering advanced analytics tools and cloud solutions to help manufacturers optimize their operations and modernize their applications
Data Center Extension
Retail
Google Cloud
Providing data center extension solutions to retailers that help them scale their businesses, enhance customer experiences and improve their operational efficiency
Backup and Disaster Recovery
Healthcare
IBM Cloud
Adopting a holistic approach to cloud migration, focusing on secure backup solutions and disaster recovery plans to help healthcare organizations protect sensitive data

Elevate your strategic vision with in-depth analysis of key applications, leading market players, and their strategies. The report analyzes industry leaders' views and statements on the Cloud Migration Services market's present and future growth.

Our research is created following strict editorial standards. See our Editorial Policy

Applications of Cloud Migration Services in Data Center Transformation, Modernization and Disaster Recovery

Data Center Transformation

Most businesses seek to modernize their traditional data centers to improve scalability, operational efficiency, and cost-effectiveness. Cloud migration services play a crucial role in facilitating a smooth and robust data center transformation. They provide solutions like application migration, data restructuring, and legacy system integration. Some key providers like IBM and AWS extend comprehensive services facilitating seamless transitions while reducing downtime and business disruptions.

Modernization

Many enterprises adopt cloud migration services to modernize their legacy applications ensuring agility, flexibility, and automated software delivery. Typically, Platform as a Service cloud solutions are leveraged for this application. Providers like Oracle and AWS offer sophisticated tools and solutions for faster and efficient cloud application modernization. These services enhance the business digital turnaround by driving continuous innovation, agility and shorten the time-to-market.

Disaster Recovery

Companies are increasingly leaning towards cloud migration services for the prompt recovery and protection of lost data during critical system failures or unexpected outages. They primarily use Infrastructure as a Service , allowing easy and swift recovery of critical data. Top players like Google and Microsoft Azure offer robust cloud-based disaster recovery solutions. They also provide high availability and data redundancy, strengthening the organizations operational resilience.

Cloud Migration Services vs. Substitutes:
Performance and Positioning Analysis

Cloud Migration Services offers streamlined transfer of data and applications to cloud platforms, surpassing alternatives with its efficiency, speed, and robust security measures. Its unique positioning lies in potential growth driven by increasing global cloud adoption

Cloud Migration Services
  • On Premise Data Centers /
  • Disaster Recovery Solutions
    Reduces operational cost, enhances scalability and business agility
    Risk of data loss during transition, possibility of compatibility issues with legacy systems
    Greater control over data, Lower initial costs
    Greater requirement for technical skill, High risk of data loss

Cloud Migration Services vs. Substitutes:
Performance and Positioning Analysis

Cloud Migration Services

  • Reduces operational cost, enhances scalability and business agility
  • Risk of data loss during transition, possibility of compatibility issues with legacy systems

On Premise Data Centers / Disaster Recovery Solutions

  • Greater control over data, Lower initial costs
  • Greater requirement for technical skill, High risk of data loss

Cloud Migration Services offers streamlined transfer of data and applications to cloud platforms, surpassing alternatives with its efficiency, speed, and robust security measures. Its unique positioning lies in potential growth driven by increasing global cloud adoption

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Research Methodology

This market research methodology defines the Cloud Migration Services market scope, gathers reliable data, and validates findings using integrated primary and secondary research. Our systematic framework ensures precise market sizing, growth trend analysis, and competitive benchmarking.


Secondary Research Approach


We begin secondary research by defining the targeted market at macro and micro levels. As part of the IT Services ecosystem, we analyze Cloud Migration Services across Healthcare, Finance, and Retail Applications. Our team gathers data systematically from country level ministerial sources, industry associations & federations, trade databases, company annual & quarterly reports and other credential sources, enabling us to map global and regional market size, pricing trends, regulatory standards, and technology advancements.



Key Sources Referenced:

• Annual Business Surveys (US, EU, Japan)

• NAICS - Economic Statistics (US, Canada) / IMF DSBB

Annual Reports / Industry Magazines / Country Level

DataString Database

We benchmark competitors such as Amazon Web Services, Microsoft Azure, and Google Cloud by reviewing company financial statements, and regulatory filings. Our secondary insights identify key market drivers and constraints, forming the analytical foundation for primary research.


Primary Research Methods


We conduct structured interviews and surveys with industry stakeholders, including Hardware Manufacturers, Infrastructure Software Providers, and Cloud Service Providers. Our geographic coverage spans Americas (40%), Europe (30%), Asia-Pacific (25%) and Middle East & Africa (5%). Our online surveys generally achieve a response rate of above 65%, and telephone interviews yield 60%, resulting in above 92% confidence level with a ±7% margin of error.


Through targeted questionnaires and in-depth interviews, we capture purchase intent, adoption barriers, brand perception across Segment Type. We use interview guides to ensure consistency and anonymous survey options to mitigate response bias. These primary insights validate secondary findings and align market sizing with real-world conditions.


Market Engineering & Data Analysis Framework


Our data analysis framework integrates Top-Down, Bottom-Up, and Company Market Share approaches to estimate and project market size with precision.


Top-down & Bottom-Up Process


In Top-down approach, we disaggregate global IT Services revenues to estimate the Cloud Migration Services segment, using historical growth patterns to set baseline trends. Simultaneously, in Bottom-up approach, we aggregate Country-Level Demand Data to derive regional and global forecasts, which provide granular consumption insights. By reconciling both approaches, we ensure statistical precision and cross-validation accuracy.


We evaluate the supply chain, spanning Hardware Manufacturers (Dell Technologies, Hewlett Packard Enterprise), Infrastructure Software Providers (IBM, Microsoft), and Cloud Service Providers. Our parallel substitute analysis examines On Premise Data Centers and Disaster Recovery Solutions, highlighting diversification opportunities and competitive risks.


Company Market Share & Benchmarking


We benchmark leading companies such as Amazon Web Services, Microsoft Azure, and Google Cloud, analyzing their capabilities in pricing, product features, technology adoption, and distribution reach. By assessing company-level revenues and product portfolios, we derive market share comparisons, clarifying competitive positioning and growth trajectories across the ecosystem.


Our integration of data triangulation, supply chain evaluation, and company benchmarking, supported by our proprietary Directional Superposition methodology enables us to deliver precise forecasts and actionable strategic insights into the Cloud Migration Services market.


Quality Assurance and Compliance


We cross-reference secondary data with primary inputs and external expert reviews to confirm consistency. Further, we use stratified sampling, anonymous surveys, third-party interviews, and time-based sampling to reduce bias and strengthen our results.


Our methodology is developed in alignment with ISO 20252 standards and ICC/ESOMAR guidelines for research ethics. The study methodology follows globally recognized frameworks such as ISO 20252 and ICC codes of practice.

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Cloud Migration Services Market Data: Size, Segmentation & Growth Forecast

Report AttributeDetails
Market Value in 2025USD 14.0 billion
Revenue Forecast in 2034USD 128 billion
Growth RateCAGR of 28.0% from 2025 to 2034
Base Year for Estimation2024
Industry Revenue 202410.9 billion
Growth OpportunityUSD 118 billion
Historical Data2019 - 2023
Growth Projection / Forecast Period2025 - 2034
Market Size UnitsMarket Revenue in USD billion and Industry Statistics
Market Size 202410.9 billion USD
Market Size 202722.9 billion USD
Market Size 202937.5 billion USD
Market Size 203047.9 billion USD
Market Size 2034128 billion USD
Market Size 2035164 billion USD
Report CoverageMarket revenue for past 5 years and forecast for future 10 years, Competitive Analysis & Company Market Share, Strategic Insights & trends
Segments CoveredService Type, End-User Industry, Migration Process, Deployment Model, Enterprise Size
Regional scopeNorth America, Europe, Asia Pacific, Latin America and Middle East & Africa
Country scopeU.S., Canada, Mexico, UK, Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Mexico, Argentina, Saudi Arabia, UAE and South Africa
Companies ProfiledAmazon Web Services, Microsoft Azure, Google Cloud, IBM Cloud, Oracle Cloud, Accenture, Cisco Systems, Rackspace Technology, DXC Technology, Tech Mahindra, Capgemini and Cognizant.
CustomizationFree customization at segment, region or country scope and direct contact with report analyst team for 10 to 20 working hours for any additional niche requirement which is almost equivalent to 10% of report value

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Table of Contents

Industry Insights Report - Table Of Contents

Chapter 1

Executive Summary

Major Markets & Their Performance - Statistical Snapshots

Chapter 2

Research Methodology

2.1Axioms & Postulates
2.2Market Introduction & Research MethodologyEstimation & Forecast Parameters / Major Databases & Sources
Chapter 3

Market Dynamics

3.1Market OverviewDrivers / Restraints / Opportunities / M4 Factors
3.2Market Trends
3.2.1Introduction & Narratives
3.2.2Market Trends - Impact Analysis(Short, Medium & Long Term Impacts)
3.3Supply Chain Analysis
3.4Porter's Five ForcesSuppliers & Buyers' Bargaining Power, Threat of Substitution & New Market Entrants, Competitive Rivalry
Chapter 4

Cloud Migration Services Market Size, Opportunities & Strategic Insights, by Service Type

4.1Infrastructure as a Service
4.2Platform as a Service
4.3Software as a Service
Chapter 5

Cloud Migration Services Market Size, Opportunities & Strategic Insights, by End-User Industry

5.1Healthcare
5.2Finance
5.3Retail
5.4Telecom
5.5Manufacturing
5.6Others
Chapter 6

Cloud Migration Services Market Size, Opportunities & Strategic Insights, by Migration Process

6.1Lift & Shift
6.2Refactor
6.3Revise
6.4Rebuild
Chapter 7

Cloud Migration Services Market Size, Opportunities & Strategic Insights, by Deployment Model

7.1Public
7.2Private
7.3Hybrid
Chapter 8

Cloud Migration Services Market Size, Opportunities & Strategic Insights, by Enterprise Size

8.1Small & Medium Enterprises
8.2Large Enterprises
Chapter 9

Cloud Migration Services Market, by Region

9.1North America Cloud Migration Services Market Size, Opportunities, Key Trends & Strategic Insights
9.1.1U.S.
9.1.2Canada
9.2Europe Cloud Migration Services Market Size, Opportunities, Key Trends & Strategic Insights
9.2.1Germany
9.2.2France
9.2.3UK
9.2.4Italy
9.2.5The Netherlands
9.2.6Rest of EU
9.3Asia Pacific Cloud Migration Services Market Size, Opportunities, Key Trends & Strategic Insights
9.3.1China
9.3.2Japan
9.3.3South Korea
9.3.4India
9.3.5Australia
9.3.6Thailand
9.3.7Rest of APAC
9.4Middle East & Africa Cloud Migration Services Market Size, Opportunities, Key Trends & Strategic Insights
9.4.1Saudi Arabia
9.4.2United Arab Emirates
9.4.3South Africa
9.4.4Rest of MEA
9.5Latin America Cloud Migration Services Market Size, Opportunities, Key Trends & Strategic Insights
9.5.1Brazil
9.5.2Mexico
9.5.3Rest of LA
9.6CIS Cloud Migration Services Market Size, Opportunities, Key Trends & Strategic Insights
9.6.1Russia
9.6.2Rest of CIS
Chapter 10

Competitive Landscape

10.1Competitive Dashboard & Market Share Analysis
10.2Company Profiles (Overview, Financials, Developments, SWOT)
10.2.1Amazon Web Services
10.2.2Microsoft Azure
10.2.3Google Cloud
10.2.4IBM Cloud
10.2.5Oracle Cloud
10.2.6Accenture
10.2.7Cisco Systems
10.2.8Rackspace Technology
10.2.9DXC Technology
10.2.10Tech Mahindra
10.2.11Capgemini
10.2.12Cognizant.