The Asia Pacific Cloud Migration Services Market is expected to witness market growth of 25.2% CAGR during the forecast period (2024-2031).
The China market dominated the Asia Pacific 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 $6.89 billion by 2031. Japan market is registering a CAGR of 24.5% during 2024-2031. Additionally, the India market is expected to showcase a CAGR of 26% during 2024-2031.
Cloud service providers play a key role in accelerating adoption. Many offers end-to-end cloud migration solutions tailored to meet organizations' diverse needs. These providers also offer cloud-managed services that support the ongoing operation, maintenance, and optimization of cloud environments post-migration.
Cloud migration services are centered around enhancing business agility, reducing operational costs, and improving data accessibility. For businesses, migrating to the cloud eliminates costly on-premises IT infrastructure, leading to lower capital and operational expenditures. Instead of managing servers, data centers, and storage on-premises, businesses can rely on cloud service providers to handle infrastructure, thus freeing up valuable resources for innovation and business growth.
In China, the software and information technology services sector saw a remarkable growth of 13.4% in 2023, with business revenues reaching 12.33 trillion yuan (about 1.73 trillion USD). This growth is largely driven by digital transformation across various industries, including manufacturing, e-commerce, and technology services. As companies in China continue to expand their digital footprint, they require cloud solutions that can accommodate the increasing volume of data, provide high processing power, and ensure compliance with local data protection laws. Cloud migration services facilitate this transition, allowing organizations to move their operations to the cloud while optimizing performance, enhancing security, and enabling better scalability. Moreover, the rise in software and IT services drives further investments in AI, IoT, and big data analytics, which rely heavily on cloud platforms to function efficiently. This surge in digital services and cloud adoption across industries solidifies China's growing demand for cloud migration services.
The China market dominated the Asia Pacific 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 $6.89 billion by 2031. Japan market is registering a CAGR of 24.5% during 2024-2031. Additionally, the India market is expected to showcase a CAGR of 26% during 2024-2031.
Cloud service providers play a key role in accelerating adoption. Many offers end-to-end cloud migration solutions tailored to meet organizations' diverse needs. These providers also offer cloud-managed services that support the ongoing operation, maintenance, and optimization of cloud environments post-migration.
Cloud migration services are centered around enhancing business agility, reducing operational costs, and improving data accessibility. For businesses, migrating to the cloud eliminates costly on-premises IT infrastructure, leading to lower capital and operational expenditures. Instead of managing servers, data centers, and storage on-premises, businesses can rely on cloud service providers to handle infrastructure, thus freeing up valuable resources for innovation and business growth.
In China, the software and information technology services sector saw a remarkable growth of 13.4% in 2023, with business revenues reaching 12.33 trillion yuan (about 1.73 trillion USD). This growth is largely driven by digital transformation across various industries, including manufacturing, e-commerce, and technology services. As companies in China continue to expand their digital footprint, they require cloud solutions that can accommodate the increasing volume of data, provide high processing power, and ensure compliance with local data protection laws. Cloud migration services facilitate this transition, allowing organizations to move their operations to the cloud while optimizing performance, enhancing security, and enabling better scalability. Moreover, the rise in software and IT services drives further investments in AI, IoT, and big data analytics, which rely heavily on cloud platforms to function efficiently. This surge in digital services and cloud adoption across industries solidifies China's growing demand for cloud migration services.
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
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
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. Asia Pacific Cloud Migration Services Market by Platform
Chapter 6. Asia Pacific Cloud Migration Services Market by Enterprise Size
Chapter 7. Asia Pacific Cloud Migration Services Market by Deployment
Chapter 8. Asia Pacific Cloud Migration Services Market by End-use Industry
Chapter 9. Asia Pacific Cloud Migration Services Market by Country
Chapter 10. Company Profiles
