Cloud Migration Services Market Is Expected To Grow At A Robust Rate Of Around 19% During The Forecast Period
Global cloud migration services market is expected to grow at a robust rate of around 19% during the forecast period. The global cloud migration services market is driven by the increasing migration of on-premises workload to cloud by various enterprises. This migration is mainly due to the several benefits associated with cloud such as affordability, scalability, 24/7 availability, large storage space, auto-update feature, among others. This in turn is expected to positively influence the market growth through 2027. Additionally, the sudden outbreak of pandemic novel coronavirus disease has accelerated the adoption of cloud migration services since the organizations are working remotely and continuously trying to improve their business and revenue. Furthermore, increasing automation and technological advancements are expected to create lucrative opportunities for market growth over the next few years. However, data protection and cyber security issues can hamper the market growt...