Market Highlights: The data migration is the process of moving data from one technology to others which eradicate the data amalgation, ETL and duplication. The data migration offer latest features and technology that can provide precise and high proficient results to variety of merchants and service providers. As the numbers of IoT and big data technologies across various industries are increasing, demand for cloud based industries is also on the rise, leading to growing demand of data migration. This factor is expected to boost the global market. There has been significant rise in number of people using unique mobile users and active internets user with figure stood up to 5.1 billion and 4 billion in worldwide alone in 2018, the future for data migration looks promising. The market study is being classified by Type (Customer Data, Financial Data, Product Data, Compliance Data and Supplier Data), by Application (BFSI, Retail, Government, Defence, Healthcare, Manufacturing, IT and Telecom and Others) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Key Players: The prominent players in the Data Migration are IBM (United States), Oracle (United States), AWS (United States), Microsoft (United States), SAS Institute (United States), SAP (Germany), Informatica (United States), Information Builders (United States), Talend (United States) and Attunity (United States).
The Business Functions, such as Marketing, is boosting the Data Migration market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Organization Size, such as Small and Medium-sized Enterprises (SMEs), is boosting the Data Migration market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Deployment Type, such as On-premises, is boosting the Data Migration market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Component, such as Services, is boosting the Data Migration market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
Major Market Development Highlights In Oct. 2021 Informatica, an enterprise cloud data management leader, today announced a new joint cloud migration program with Google Cloud that accelerates customers' migration from on-premises enterprise data warehouses to Google BigQuery up to 12x times faster, while making migrations more cost-effective. In Dec 2021,AWS Database Migration Service is pleased to announce the launch of AWS DMS Studio, a new service console that makes it easy to manage database migrations from start to finish. AWS DMS Studio accelerates and simplifies migrations by integrating tools for each phase of the migration journey from assessment to conversion to migration.
Key Questions Answered in the Report What will the Data Migration Market size and the growth rate be in Future? What are the key factors driving the Data Migration Market? What are the key market trends and macro-economic impacting the growth of the Data Migration Market? What are the challenges to market growth? Who are the key vendors in the Data Migration Market? What are the market opportunities and threats faced by the vendors in the Data Migration Market? Trending factors influencing the market shares of the Players. What are the key outcomes of the five forces analysis of the Data Migration Market?
Research Methodology: The top-down and bottom-up approaches are used to estimate and validate the size of the Global Data Migration market. In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Data Migration market. In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc. Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Data Migration Manufacturers, Data Migration Traders, End-Use Market Participants of Different Segments of Data Migration, Government and Research Organizations, Research and Consulting Firms, R&D Institutions and Others. This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc. Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.