About Customer Migration Service
Customer migration means moving customer data from one location to another, one application to another, or one service provider to another service provider. The main three reasons for customer migration are new needs due to emerging new technologies, reassessment of their options and have found a better one, or customer is actively dissatisfied with services. In today’s time organizations or businesses are looking for advanced, cost-effective, and secure tools to maintain their consumers’ important data and information.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Customer Migration Service market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Veritas (United States), Amazon Web Services (United States), Microsoft Corporation (United States), HData Systems (India), Google (United States), IBM (United States), Chetu (United States), Fujitsu (Japan), Appnovation (Canada) and NetApp (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Customer Migration Service market by Type (Cloud {Public Cloud, Private Cloud, Hybrid Cloud} and On-premises) and Region.
On the basis of geography, the market of Customer Migration Service has been segmented into 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). If we see Market by Vertical, the sub-segment i.e. Retail & E-commerce will boost the Customer Migration Service market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Enterprise Size, the sub-segment i.e. Small & Medium Enterprises will boost the Customer Migration Service market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Migration of Customer Data from On-premises to Cloud Due to Low Cost and Ease of Use
Market Growth Drivers:
Increasing Customer Data Migration Due to Availability of Multiple Options at Less Spending
Challenges:
Low Budget of Organization or Inadequate Funding May Create Challenges
Restraints:
Lack of Clear Strategy Determined by Business Objectives
Opportunities:
High Growth of Retail & E-commerce Industry and Increasing Number of Customer Data
Market Leaders and their expansionary development strategies
In November 2023, CloudEndure, a leading cloud migration and disaster recovery company, has been acquired by Turbonomic, a provider of application resource management (ARM) software. The deal will combine CloudEndure's expertise in cloud migration and disaster recovery with Turbonomic's ARM capabilities, creating a more comprehensive cloud management platform.
In September 2023, Google has announced its largest cloud migration program to date, designed to help businesses of all sizes migrate to the Google Cloud Platform (GCP). The program includes a number of resources and benefits such as Free migration assessments and Access to Google's migration experts.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Customer Migration Service Providers, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations, End-Users and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.