The Growing implementation of data analysis is expected to influence the cloud migration market in the North America Region!

The North American cloud migration market is a rapidly growing sector that includes a wide range of cloud services, software, and platforms designed to help businesses move their operations to the cloud. The market is driven by the increasing demand for cloud-based solutions, as businesses seek to take advantage of the numerous benefits of cloud technology, including improved scalability, flexibility, and cost-effectiveness. Additionally, the increasing adoption of hybrid cloud solutions, which combine public and private cloud environments, is driving the growth of the market, as companies seek to take advantage of the benefits of both types of cloud environments. The North American cloud migration market is highly competitive, with many vendors offering a wide range of cloud migration services and solutions. Major players in the market include Amazon Web Services, Microsoft Azure, IBM, Google Cloud Platform, and Oracle Cloud. The market is expected to continue to grow in the coming years, driven by the increasing adoption of cloud technology across a wide range of industries and business sectors.

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The North America Cloud Migration market is expected to grow at a strong CAGR of 33.5 % during the forecast period (2022-2028). North America is anticipated to register a significant CAGR during the forecast period. The growth of the region is attributed to factors such as the growing digitization of small businesses in the region.

FIG. 1 North America Cloud Migration Market Revenue (2020-2028)- USD Mn

Based on service type, the market is segmented into managed and professional services. During the forecast period. Managed cloud migration services are increasingly popular due to several driving factors. Cost savings is a significant factor as managed services minimize downtime, reduce infrastructure costs, and optimize resource utilization. Scalability is another factor, as organizations need to adapt quickly to changing business demands. Furthermore, security and compliance are also essential, as managed services provide robust security features and help companies adhere to relevant regulations and industry standards. These factors are expected to influence the market growth of the managed cloud migration services during the forecast period.

On the basis of organization size, the market is segmented into small and medium enterprises and large enterprises. The small and medium enterprises segment is expected to have the largest market share of the cloud migration market and is expected to maintain a similar growth trend during the forecast period. The growth of cloud migration in the small and medium enterprises is mainly attributed to its primary features such as cost effectiveness and accessibility.

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Global Cloud Migration Market Segmentation

Market Insight, by Service Type

· Managed Services

· Professional Services

Market Insights, by Organization Size

· Small and Medium Enterprises

· Large Enterprises

Market Insights, by End-Users

· IT & Telecommunications

· BFSI

· Healthcare

· Government and Public Sector

· Manufacturing

· Others

Market Insight, by Region

· North America

o U.S.

o Canada

o Rest of North America

· Europe

o Germany

o U.K.

o France

o Italy

o Spain

o Rest of Europe

· APAC

o China

o Japan

o India

o South Korea

o Rest of APAC

· Rest of the World

Top Company Profiles

· Amazon Web Services, Inc

· Cisco Systems, Inc

· DXC Technology Company

· Google LLC

· IBM

· Microsoft

· NTT DATA Corporation

· RACKSPACE TECHNOLOGY

· VMware, Inc.

· RiverMeadow Software, Inc.