Global Data Migration Service Market Expected to Reach XX Million by 2025

2018-02-28 10:42:42

According to a new report published by Reports Monitor titled, “Data Migration Service Market By Type, Property & Applications: Global Opportunity Analysis and Industry Forecast, 2017–2025,” the Data Migration Service Market was valued at XX million in 2016, and is projected to reach at XX million by 2025, growing at a CAGR of XX% from 2017 to 2025. Asia Pacific dominates the Data Migration Service Market, both in terms of volume and value, and is expected to maintain this trend throughout the forecast period. 

The technique of transferring the information between information storage systems and computer systems is referred as data migration services. The project related to data migration is done for number of reasons such as replacing or upgrading servers, software upgrades, infrastructure maintenance, and company meregers and data center relocation.

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Increasing adoption of data migration services by organization results in growth of the market. The market is increasing due to several elements which includes rising business data volumes, evolving regulatory landscapes, and need to retain the legacy data.

The opportunities are responsible for strengthening the growth of market which includes growing inclination towards cloud deployment, and rising need for disaster recovery for business continuity. The issues hampering the growth of the market are  data quality and address verification. The market has to face different challenges includes risk of data loss & data ownership concerns, platform, network, and other complexities.

Key Question Answered:
What will be the market size in 2025 and at what rate it will grow?
Who are the major key players in global Data Migration Service market and what are their strategies?
Which vertical industry is expected to show major growth?
What segment and region will lead the market and why?
The major companies profiled in the report include: IBM, Oracle, AWS, Microsoft, SAS Institute, SAP, Informatica, Information Builders, Talend, Attunity, Scribe Software, and Syncsort.

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