Global Cloud Migration Services Market –

Global Cloud Migration Services Market is expected to reach USD31.16 Billion by 2026 from USD 2.64 Billion in 2016 at a CAGR of 28%. The major factors donating in the development of the market are growing penetration of cloud computing & technological advancements. Furthermore, demand for cloud computing is anticipated to be driven by some other factors, like lower security, flexibility & lower costs. Global Cloud Migration Services Market is segmented by Service Type, Deployment Model, Application, Vertical and Geography. Based on vertical BFSI vertical is estimated to hold the largest market size in 2017 BFSI organizations lead the industry vertical segment of the market in migrating their workloads to the cloud environment. The need to consolidate the cost of IT and infrastructure is driving BFSI organizations to migrate their workloads in the cloud. Migrating workload to the cloud provides BFSI organizations with agility and flexibility to deploy IT infrastructure and legacy systems in a cost-effective way. Automation and integration service Type is expected to hold the largest market size during the forecast period. Automation enables enterprises to streamline their cloud migration activities efficiently. Automation helps in reducing costs, manual intervention, time, and risk of failure. It supports improved business agility and migration of entire workload for rapid recovery during downtime. Cloud integration services help in solving complex problems and guarantee cost-efficient business processes to produce flexible environment that can fulfil performance, security, and availability. It helps in supporting third-party and on-premises applications and services. Global Cloud Migration Services Market In 2017, the North America region controls the Global Cloud Migration Services market owing to growing need for well-organized computing systems & increasing demand for shifting the workload on cloud & the region is estimated to maintain its dominance over the next five years as well.
This Information is submitted by Market ResearchCompany (Maximize Market Research.com PVT.LDT.)

Comments

Post a Comment

Popular posts from this blog

Global 1,6-Hexanediol Market

Image
Global 1,6-Hexanediol Market was valued at 732 million in 2016 and is expected to reach 1554.7 million by 2026 at a CAGR of 7.82%. 1,6-Hexanediol offers flexibility, quality, high temperature resistance and efficient performance across a range of end use in industries. It is utilized as an intermediary in diverse applications such as PU, coatings, and acrylates among others. It is readily biodegradable, provides high performance and has low environmental impacts during operational exposure to workers thereby forming few key factors contributing to the improved consumption of 1,6-Hexanediol. High variations in raw material prices, rise in availability of substitute products as Pentanediol and Butendiiol, along with lack of awareness in developing countries such as Saudi Arabia, India and UAE may hamper the market growth for 1,6-Hexanediol market. The shift of European players to emerging countries such as India, and China along with the growth of the automotive market in the Asia-
Read more

Europe Virtual Data Room Market

Image
Europe Virtual Data Room Market is expected to reach USD XX Billion by 2026 from USD XX Billion in 2016 at a CAGR of XX%. This is a comprehensive Europe report focused on the current and future prospects of the diabetes management market. This report is a consolidation of primary and secondary research, which provides market size, share, dynamics, and forecast for various segments and sub-segments considering the macro and micro environmental factors. An in-depth analysis of past trends, future trends, demographics, technological advancements, and regulatory requirements for the diabetes management market has been done in order to calculate the growth rates for each segments and sub-segments. Reduced transaction time, higher security and increased exposure for companies Application of virtual data room augments several party diligence thereby eliminating and reducing travel costs or delays related to it. Instantaneous presentation and faster rollout assists in adding new bidders at
Read more