The Europe Cloud Migration Services Market is expected to witness market growth of 24.3% CAGR during the forecast period (2024-2031).
The Germany market dominated the Europe Cloud Migration Services Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $5.28 billion by 2031. The UK market is exhibiting a CAGR of 23.2% during 2024-2031. Additionally, the France market is expected to experience a CAGR of 25.3% during 2024-2031.
The cloud migration services market is experiencing significant growth as businesses and organizations worldwide continue transitioning their IT infrastructure, data, applications, and services to the cloud. Cloud migration refers to moving digital business operations to a cloud computing environment.
Moreover, this shift is driven by the cloud's numerous benefits, including cost savings, scalability, flexibility, increased collaboration, and enhanced security. As the cloud ecosystem evolves, more organizations are seeking cloud migration services to seamlessly facilitate this transition, which has led to the growth of a robust market.
In 2023, 45.2% of EU enterprises purchased cloud computing services, marking a notable rise from previous years. This growth in adoption indicates that a larger share of businesses in Europe are embracing the cloud and seeking to enhance their digital capabilities. As more companies migrate their operations, applications, and data to the cloud, they require migration services that ensure smooth transitions while addressing challenges such as data security, compliance with GDPR, and minimizing downtime. The demand for cloud migration services will continue to rise as European companies look to modernize their IT infrastructure to meet the evolving needs of digital business operations.
The Germany market dominated the Europe Cloud Migration Services Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $5.28 billion by 2031. The UK market is exhibiting a CAGR of 23.2% during 2024-2031. Additionally, the France market is expected to experience a CAGR of 25.3% during 2024-2031.
The cloud migration services market is experiencing significant growth as businesses and organizations worldwide continue transitioning their IT infrastructure, data, applications, and services to the cloud. Cloud migration refers to moving digital business operations to a cloud computing environment.
Moreover, this shift is driven by the cloud's numerous benefits, including cost savings, scalability, flexibility, increased collaboration, and enhanced security. As the cloud ecosystem evolves, more organizations are seeking cloud migration services to seamlessly facilitate this transition, which has led to the growth of a robust market.
In 2023, 45.2% of EU enterprises purchased cloud computing services, marking a notable rise from previous years. This growth in adoption indicates that a larger share of businesses in Europe are embracing the cloud and seeking to enhance their digital capabilities. As more companies migrate their operations, applications, and data to the cloud, they require migration services that ensure smooth transitions while addressing challenges such as data security, compliance with GDPR, and minimizing downtime. The demand for cloud migration services will continue to rise as European companies look to modernize their IT infrastructure to meet the evolving needs of digital business operations.
List of Key Companies Profiled
- IBM Corporation
- SAP SE
- Google LLC (Alphabet Inc.)
- Amazon Web Services, Inc. (Amazon.com, Inc.)
- Microsoft Corporation
- Hewlett Packard Enterprise Company
- Accenture PLC
- NTT Data Corporation
- Wipro Limited
- Vodafone Group Plc
Market Report Segmentation
By Platform
- Solution
- Infrastructure Migration
- Platform Migration
- Human Resource
- Application Migration
- Storage Migration
- Services
- Managed
- Professional
By Enterprise Size
- Large Enterprises
- Small and Medium Enterprises
By Deployment
- Private
- Public
- Hybrid
By End-use Industry
- IT & Telecommunications
- BFSI
- Healthcare
- Government & Public Sector
- Manufacturing
- Automotive
- Retail & Consumer Goods
- Media & Entertainment
- Other End-use Industry
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. Competition Analysis - Global
Chapter 5. Europe Cloud Migration Services Market by Platform
Chapter 6. Europe Cloud Migration Services Market by Enterprise Size
Chapter 7. Europe Cloud Migration Services Market by Deployment
Chapter 8. Europe Cloud Migration Services Market by End-use Industry
Chapter 9. Europe Cloud Migration Services Market by Country
Chapter 10. Company Profiles
Companies Mentioned
- IBM Corporation
- SAP SE
- Google LLC (Alphabet Inc.)
- Amazon Web Services, Inc. (Amazon.com, Inc.)
- Microsoft Corporation
- Hewlett Packard Enterprise Company
- Accenture PLC
- NTT Data Corporation
- Wipro Limited
- Vodafone Group Plc
Methodology
LOADING...
