The data migration market size is expected to grow from US$ 5.14 Billion in 2019 to US$ +11.49 Billion by 2027, at a CAGR of +18% during the forecast period.
Data migration is the process of moving data from one technology to another, as opposed to data amalgamation, ETL and duplication, which are mainly concerned with moving data among current environments, though these technologies may be used in order to support the migration procedure. Data migration is often assumed as a part of a wider application migration such as migrating from SAP to Oracle, consolidating SAP environments or migrating from one version of SAP to another, but may also be used to support migration from one database to another or between major upgrades of a database.
The report provides in-depth insights on Data Migration Market. It also provides detailed information about the major factors, such drivers, restraints, opportunities, and challenges influencing the growth of the market, along with an analysis of micro markets with respect to individual growth trends, growth prospects, and their contribution to the Data Migration market.
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Top Key Players of Data Migration Market:
Oracle, IBM, AWS, Microsoft, Informatica, SAP, SAS Institute, Talend, Attunity, Information Builders, and Syncsort
A regional analysis of Data Migration market has also been conducted by considering the global regions such as North America and Europe, Asia Pacific and the Middle East, Latin America and Africa. It understands the colossal potential in nations, for example, China, India, Japan, Australia, UAE, and Qatar. The entire report has been segmented into end-users, technology, applications, products and market competitors.
Data Migration Market Segmentation:
Data Migration Market, by Data Type: Financial Data, Customer Data, Product Data, Financial Data, Compliance Data, Supplier Data
Data Migration Market, by Business Function: Marketing, Sales, Finance, Legal, Operation, Human Resources
Data Migration Market, by Component: Services, Software, Consulting Services, Support, Maintenance Services
Data Migration Market, by End User: BFSI, Retail and Consumer Goods, Government & Defense, Healthcare & Life Sciences, Manufacturing, Telecommunication and IT, Energy and Utilities, Media and Entertainment, and Others
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The global data migration market research report collates data from a number of surveys, interviews, and many other primary and secondary research methodologies. The vast amount of data thus gathered from these sources is narrowed down with the help of industry-best analytical methods to present before the reader only the most crucial sets of data essential to understand the factors that will have the most profound impact on the overall development of the market.
In This Study, The Years Considered To Estimate The Size Of Data Migration Market Are As Follows:
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- History Year: 2015-2018
- Base Year: 2018
- Estimated Year: 2019
- Forecast Year 2019 to 2027