Data Migration Market Outlook 2027 By Component, Deployment Mode, Size, Share, Trends, And Growth
According to TechSci Research, 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 has been segmented into various regions including Asia-Pacific, North America, South America, Europe, and Middle East & Africa. Among these regions, North America is expected to dominate the overall data migration market owing to the increased penetration of IoT devices & solutions across various end user industries. Additionally, growing adoption of cloud computing is further expected to drive the market growth in the region.
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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.
- 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.
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of service providers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the service providers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the service providers, distribution channels and presence of all major players across the globe.
TechSci Research calculated the market size of global data migration market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.
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 – 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 | |
Customization Scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
Pricing and Purchase Options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Report Scope:
In this report, global data migration market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
- Global Data Migration Market, By Component:
- Software
- Service
- Global Data Migration Market, By Deployment Mode:
- On-Premise
- Cloud
- Global Data Migration Market, By Organization Size:
- Large Enterprises
- SMEs
- Global Data Migration Market, By Data Type:
- Customer Data
- Product Data
- Financial Data
- Compliance Data
- Supplier Data
- Others
- Global Data Migration Market, By Business Function:
- Marketing
- Sales
- Finance
- Legal
- Operations
- HR
- Others
- Global Data Migration Market, By End User Industry:
- IT & Telecommunication
- BFSI
- Energy & Utilities
- Consumer Goods & Retail
- Healthcare
- Government & Defense
- Others
- Global Data Migration Market, By Region:
- North America
- United States
- Canada
- Mexico
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
- Kuwait
- South America
- Brazil
- Argentina
- Colombia
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in global data migration market.
About TechSci Research
TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research-based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.
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