The Latin America, Middle East and Africa Cloud Migration Services Market is expected to witness market growth of 26.8% CAGR during the forecast period (2024-2031).
The Brazil market dominated the LAMEA 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 $1.64 billion by 2031. The Argentina market is showcasing a CAGR of 28.5% during 2024-2031. Additionally, the UAE market is expected to exhibit a CAGR of 25.6% during 2024-2031.
Cloud migration services have broad applications across various industries, revolutionizing business models, IT operations, and customer engagement. In the corporate world, cloud migration services are applied to various use cases, such as data management, application hosting, infrastructure management, and disaster recovery.
For instance, enterprises are migrating critical business applications to cloud platforms, enabling access to data and resources from anywhere, reducing dependency on on-premises hardware, and ensuring better performance scalability.
In MENA, the rapid growth of the entertainment streaming industry, which saw a 25.5% increase from USD 4.7B to USD 5.6B by 2021, creates a massive demand for scalable, high-performance cloud infrastructure. Streaming services require cloud platforms to handle vast amounts of user data, high-quality video storage, and delivery networks. As the industry continues to expand, content providers are looking for cloud migration services to ensure that their systems are robust, secure, and capable of managing a growing user base. Moreover, the rise in female gamers and the overall age parity also contributes to a diverse user base, demanding more tailored and agile cloud solutions that cater to varied content preferences and global consumption patterns. This shift pushes companies in MENA to prioritize cloud migration strategies that enhance service delivery and streamline operations across platforms.
The Brazil market dominated the LAMEA 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 $1.64 billion by 2031. The Argentina market is showcasing a CAGR of 28.5% during 2024-2031. Additionally, the UAE market is expected to exhibit a CAGR of 25.6% during 2024-2031.
Cloud migration services have broad applications across various industries, revolutionizing business models, IT operations, and customer engagement. In the corporate world, cloud migration services are applied to various use cases, such as data management, application hosting, infrastructure management, and disaster recovery.
For instance, enterprises are migrating critical business applications to cloud platforms, enabling access to data and resources from anywhere, reducing dependency on on-premises hardware, and ensuring better performance scalability.
In MENA, the rapid growth of the entertainment streaming industry, which saw a 25.5% increase from USD 4.7B to USD 5.6B by 2021, creates a massive demand for scalable, high-performance cloud infrastructure. Streaming services require cloud platforms to handle vast amounts of user data, high-quality video storage, and delivery networks. As the industry continues to expand, content providers are looking for cloud migration services to ensure that their systems are robust, secure, and capable of managing a growing user base. Moreover, the rise in female gamers and the overall age parity also contributes to a diverse user base, demanding more tailored and agile cloud solutions that cater to varied content preferences and global consumption patterns. This shift pushes companies in MENA to prioritize cloud migration strategies that enhance service delivery and streamline operations across platforms.
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
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
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. LAMEA Cloud Migration Services Market by Platform
Chapter 6. LAMEA Cloud Migration Services Market by Enterprise Size
Chapter 7. LAMEA Cloud Migration Services Market by Deployment
Chapter 8. LAMEA Cloud Migration Services Market by End-use Industry
Chapter 9. LAMEA 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
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