Database Migration Service Equipment Market - Actionable Insights by Credence Research
The key players in the global Database Migration Service equipment market in terms of value include Scribe Software (US), IBM (US), AWS (US), Oracle (US), Microsoft (US), SAP (Germany), Informatica (US), SAS Institute (US), Talend (US), Information Builders (US), Attunity (US), and Syncsort (US).
The latest market report published by Credence Research?“Global?Database Migration Service Market: Growth, Future Prospects, and Competitive Analysis, 2016 – 2028”.?The?Global Database Migration Service Market is anticipated to grow a CAGR of over ()% during the forecast period from 2022 to 2028 to reach around USD () billion in 2028. While cumulative growth opportunity presented by the global Database Migration Service market is around USD () billion from 2022 to 2028.
A key driver of market growth will be the demand for self-driving cloud databases, particularly in new industries. The market will keep growing due to rising consumer awareness of the benefits of cloud management services and solutions, higher uptake of cutting-edge technology, particularly in developing economies, and the expansion of the IT industry in developing nations like China and India. Throughout the projected period, the number of R & D capabilities among the main rivals will increase, along with other variables, including the swift expansion of high-speed internet and the expanding use of cloud migration solutions by various businesses.
The global Database Migration Service market is bifurcated into Data Type, Business Function, Services Type, Deployment Model, Organization Size, Industry Vertical, and Geography. Based on data type, the market is categorized into the customer, product, financial, compliance, and supplier data. Based on business function, the global market is segmented into marketing, sales, finance, legal, operations, and human resources (HR). The market is categorized into managed and professional services based on service type. Based on business function, the global market is segmented into on-premises and cloud. Based on the organization’s Size, the market is categorized into small and medium-sized enterprises (SMEs) and large enterprises. Based on industry vertical, the global market is segmented into banking, financial services, and insurance (BFSI), retail and consumer goods, government and defense, healthcare and life sciences, manufacturing, telecommunications and it, energy and utilities, media and entertainment, and others (transportation and logistics, travel and hospitality, and academic and research). Based on this, the market is segmented as North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.
In 2021, North America dominated both the worldwide database market and the market for cloud migration services. Due to its significant companies, advanced technological expertise, and adoption of cutting-edge technology, North America uses cloud migration services the most. In Europe, workload migration to the cloud is advancing, enabling quick data processing and business insights.
领英推荐
Why Buy This Report-