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EUROPE CLOUD MIGRATION SERVICES MARKET FORECAST 2021-2028

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EUROPE CLOUD MIGRATION SERVICES MARKET FORECAST 2021-2028

The Europe cloud migration services market is forecasted to register a CAGR of 25.83% over the projected years of 2021 to 2028. The market growth of the region is attributable to drivers such as the formulation of cloud strategies, the increased expenditure on cloud infrastructure, and the migration of SMEs’ core businesses to the cloud owing to advantages like reduced costs and the availability of on-demand computing resources.

EUROPE CLOUD MIGRATION SERVICES MARKET FORECAST 2021-2028

Europe Cloud Migration Services Market by Deployment Model (Public Cloud, Private Cloud, Hybrid Cloud) Market by Application (Project Management, Infrastructure Management, Security & Compliance Management, Other Applications) Market by Verticals (Banking, Financial Services & Insurance, Manufacturing, Healthcare & Life Sciences, It & Telecommunication, Consumer Goods & Retail, Government & Public Sector, Other Verticals) Market by Organization Size (Large Enterprises, Small & Medium Enterprises) by Geography

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The Europe cloud migration services market is forecasted to register a CAGR of 25.83% over the projected years of 2021 to 2028. The market growth of the region is attributable to drivers such as the formulation of cloud strategies, the increased expenditure on cloud infrastructure, and the migration of SMEs’ core businesses to the cloud owing to advantages like reduced costs and the availability of on-demand computing resources.

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The Europe cloud migration services market growth evaluation entails the assessment of Poland, the United Kingdom, Germany, Belgium, France, Russia, Italy, and the rest of Europe. Cloud providers such as Microsoft Azure, Amazon Web Services (AWS), and Google Cloud have partnered with distinguished companies in the United Kingdom in order to augment cloud usage. The nation’s government has also made substantial investments in cloud infrastructure, spending more than $1.77 billion in 2019. Moreover, SaaS accounted for the largest segment of the United Kingdom’s public cloud sector in 2020, generating approximately $8 billion in sales.

On the other hand, the usage of cloud computing has continued to observe a growing trend in Germany over recent years. Furthermore, companies in Germany possess a broad range of expertise in terms of adopting as well as utilizing cloud services. In this regard, firms such as Deutsche Telekom, Alibaba, Oracle, IBM, Profitbricks, and Exoscale have an extensive presence in the country, in addition to Microsoft (Azure), Amazon (Amazon Web Services), and Google (Google Cloud Platform). Therefore, these factors are expected to proliferate the cloud migration services market growth in Europe during the forecasted period.

Accenture, headquartered in Ireland, provides strategy, interactive technology, consulting, and operations services with digital capabilities. The firm operates in five segments, namely, financial services, health and public service, communications, products, and resources. Its presence extends across Europe, North America, the Asia-Pacific, Latin America, the Middle East, and Africa.

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    1. RESEARCH SCOPE & METHODOLOGY
      • STUDY OBJECTIVES
      • SCOPE OF STUDY
      • METHODOLOGY
      • ASSUMPTIONS & LIMITATIONS
    2. EXECUTIVE SUMMARY
      • MARKET SIZE & ESTIMATES
      • MARKET OVERVIEW
    3. MARKET DYNAMICS
      • KEY DRIVERS
        • RISING OPEX INVESTMENTS IN BUSINESSES
        • INCREASED ADOPTION OF REMOTE WORKING
        • LOW OPERATIONAL COSTS AND ACCELERATED DEPLOYMENT
        • LESS INFRASTRUCTURAL COMPLEXITY AND SEAMLESS ACCESSIBILITY
      • KEY RESTRAINTS
        • ADJUSTMENTS TO SECURITY AND COMPLIANCE
        • SHORTAGE OF SKILLED CLOUD PROFESSIONALS
        • VENDOR LOCK-IN PROBLEM IN CLOUD COMPUTING
    1. KEY ANALYTICS
      • IMPACT OF COVID-19 ON CLOUD MIGRATION SERVICES MARKET
      • KEY MARKET TRENDS
      • PORTER’S FIVE FORCES ANALYSIS
        • BUYERS POWER
        • SUPPLIERS POWER
        • SUBSTITUTION
        • NEW ENTRANTS
        • INDUSTRY RIVALRY
      • OPPORTUNITY MATRIX
      • VENDOR LANDSCAPE
    2. MARKET BY DEPLOYMENT MODEL
      • PUBLIC CLOUD
      • PRIVATE CLOUD
      • HYBRID CLOUD
    3. MARKET BY APPLICATION
      • PROJECT MANAGEMENT
      • INFRASTRUCTURE MANAGEMENT
      • SECURITY & COMPLIANCE MANAGEMENT
      • OTHER APPLICATIONS
    4. MARKET BY VERTICALS
      • BANKING, FINANCIAL SERVICES & INSURANCE (BFSI)
      • MANUFACTURING
      • HEALTHCARE & LIFE SCIENCES
      • IT & TELECOMMUNICATION
      • CONSUMER GOODS & RETAIL
      • GOVERNMENT & PUBLIC SECTOR
      • OTHER VERTICALS
    5. MARKET BY ORGANIZATION SIZE
      • LARGE ENTERPRISES
      • SMALL & MEDIUM ENTERPRISES
    6. GEOGRAPHICAL ANALYSIS
      • EUROPE
        • MARKET SIZE & ESTIMATES
        • KEY DRIVERS
        • KEY CHALLENGES
        • KEY PLAYERS
        • COUNTRY ANALYSIS
          • UNITED KINGDOM
          • GERMANY
          • FRANCE
          • ITALY
          • RUSSIA
          • BELGIUM
          • POLAND
          • REST OF EUROPE
    1. COMPETITIVE LANDSCAPE
      • KEY STRATEGIC DEVELOPMENTS
        • MERGERS & ACQUISITIONS
        • PRODUCT LAUNCHES & DEVELOPMENTS
        • PARTNERSHIPS & AGREEMENTS
      • COMPANY PROFILES
        • ACCENTURE
        • AMAZON WEB SERVICES INC (AWS)
        • CISCO SYSTEMS
        • DXC TECHNOLOGY
        • GOOGLE
        • IBM CORPORATION
        • INFORMATICA
        • MICROSOFT CORPORATION
        • NTT DATA CORPORATION
        • RACKSPACE TECHNOLOGY INC
        • RIVERMEADOW SOFTWARE INC
        • TECH MAHINDRA LIMITED
        • VMWARE INC
        • WSM INTERNATIONAL
        • ZERTO (HEWLETT PACKARD ENTERPRISE)

    LIST OF TABLES

    TABLE 1: MARKET SNAPSHOT – CLOUD MIGRATION SERVICES

    TABLE 2: TOP COUNTRIES HIRING REMOTELY

    TABLE 3: SHORTAGES OF SKILLED IT PROFESSIONALS IN 2020

    TABLE 4: EUROPE CLOUD MIGRATION SERVICES MARKET, BY DEPLOYMENT MODEL, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

    TABLE 5: EUROPE CLOUD MIGRATION SERVICES MARKET, BY DEPLOYMENT MODEL, FORECAST YEARS, 2021-2028 (IN $ MILLION)

    TABLE 6: EUROPE CLOUD MIGRATION SERVICES MARKET, BY APPLICATION, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

    TABLE 7: EUROPE CLOUD MIGRATION SERVICES MARKET, BY APPLICATION, FORECAST YEARS, 2021-2028 (IN $ MILLION)

    TABLE 8: EUROPE CLOUD MIGRATION SERVICES MARKET, BY VERTICALS, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

    TABLE 9: EUROPE CLOUD MIGRATION SERVICES MARKET, BY VERTICALS, FORECAST YEARS, 2021-2028 (IN $ MILLION)

    TABLE 10: EUROPE CLOUD MIGRATION SERVICES MARKET, BY ORGANIZATION SIZE, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

    TABLE 11: EUROPE CLOUD MIGRATION SERVICES MARKET, BY ORGANIZATION SIZE, FORECAST YEARS, 2021-2028 (IN $ MILLION)

    TABLE 12: EUROPE CLOUD MIGRATION SERVICES MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

    TABLE 13: EUROPE CLOUD MIGRATION SERVICES MARKET, BY COUNTRY, FORECAST YEARS, 2021-2028 (IN $ MILLION)

    TABLE 14: KEY PLAYERS IN EUROPE CLOUD MIGRATION SERVICES MARKET

    TABLE 15: LIST OF MERGERS & ACQUISITIONS

    TABLE 16: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS

    TABLE 17: LIST OF PARTNERSHIPS & AGREEMENTS

    LIST OF FIGURES

    FIGURE 1: PERCENTAGE OF COMPANIES PLANNING TO SHIFT TO MORE REMOTE WORK POST-COVID-19 (IN %)

    FIGURE 2: KEY MARKET TRENDS

    FIGURE 3: PORTER’S FIVE FORCES ANALYSIS

    FIGURE 4: OPPORTUNITY MATRIX

    FIGURE 5: VENDOR LANDSCAPE

    FIGURE 6: EUROPE CLOUD MIGRATION SERVICES MARKET, GROWTH POTENTIAL, BY DEPLOYMENT MODEL, IN 2020

    FIGURE 7: EUROPE CLOUD MIGRATION SERVICES MARKET, BY PUBLIC CLOUD, 2021-2028 (IN $ MILLION)

    FIGURE 8: EUROPE CLOUD MIGRATION SERVICES MARKET, BY PRIVATE CLOUD, 2021-2028 (IN $ MILLION)

    FIGURE 9: EUROPE CLOUD MIGRATION SERVICES MARKET, BY HYBRID CLOUD, 2021-2028 (IN $ MILLION)

    FIGURE 10: EUROPE CLOUD MIGRATION SERVICES MARKET, GROWTH POTENTIAL, BY APPLICATION, IN 2020

    FIGURE 11: EUROPE CLOUD MIGRATION SERVICES MARKET, BY PROJECT MANAGEMENT, 2021-2028 (IN $ MILLION)

    FIGURE 12: EUROPE CLOUD MIGRATION SERVICES MARKET, BY INFRASTRUCTURE MANAGEMENT, 2021-2028 (IN $ MILLION)

    FIGURE 13: EUROPE CLOUD MIGRATION SERVICES MARKET, BY SECURITY & COMPLIANCE MANAGEMENT, 2021-2028 (IN $ MILLION)

    FIGURE 14: EUROPE CLOUD MIGRATION SERVICES MARKET, BY OTHER APPLICATIONS, 2021-2028 (IN $ MILLION)

    FIGURE 15: EUROPE CLOUD MIGRATION SERVICES MARKET, GROWTH POTENTIAL, BY VERTICALS, IN 2020

    FIGURE 16: EUROPE CLOUD MIGRATION SERVICES MARKET, BY BANKING, FINANCIAL SERVICES & INSURANCE (BFSI), 2021-2028 (IN $ MILLION)

    FIGURE 17: EUROPE CLOUD MIGRATION SERVICES MARKET, BY MANUFACTURING, 2021-2028 (IN $ MILLION)

    FIGURE 18: EUROPE CLOUD MIGRATION SERVICES MARKET, BY HEALTHCARE & LIFE SCIENCES, 2021-2028 (IN $ MILLION)

    FIGURE 19: EUROPE CLOUD MIGRATION SERVICES MARKET, BY IT & TELECOMMUNICATION, 2021-2028 (IN $ MILLION)

    FIGURE 20: EUROPE CLOUD MIGRATION SERVICES MARKET, BY CONSUMER GOODS & RETAIL, 2021-2028 (IN $ MILLION)

    FIGURE 21: EUROPE CLOUD MIGRATION SERVICES MARKET, BY GOVERNMENT & PUBLIC SECTOR, 2021-2028 (IN $ MILLION)

    FIGURE 22: EUROPE CLOUD MIGRATION SERVICES MARKET, BY OTHER VERTICALS, 2021-2028 (IN $ MILLION)

    FIGURE 23: EUROPE CLOUD MIGRATION SERVICES MARKET, GROWTH POTENTIAL, BY ORGANIZATION SIZE, IN 2020

    FIGURE 24: EUROPE CLOUD MIGRATION SERVICES MARKET, BY LARGE ENTERPRISES, 2021-2028 (IN $ MILLION)

    FIGURE 25: EUROPE CLOUD MIGRATION SERVICES MARKET, BY SMALL & MEDIUM ENTERPRISES, 2021-2028 (IN $ MILLION)

    FIGURE 26: EUROPE CLOUD MIGRATION SERVICES MARKET, REGIONAL OUTLOOK, 2020 & 2028 (IN %)

    FIGURE 27: UNITED KINGDOM CLOUD MIGRATION SERVICES MARKET, 2021-2028 (IN $ MILLION)

    FIGURE 28: GERMANY CLOUD MIGRATION SERVICES MARKET, 2021-2028 (IN $ MILLION)

    FIGURE 29: FRANCE CLOUD MIGRATION SERVICES MARKET, 2021-2028 (IN $ MILLION)

    FIGURE 30: ITALY CLOUD MIGRATION SERVICES MARKET, 2021-2028 (IN $ MILLION)

    FIGURE 31: RUSSIA CLOUD MIGRATION SERVICES MARKET, 2021-2028 (IN $ MILLION)

    FIGURE 32: BELGIUM CLOUD MIGRATION SERVICES MARKET, 2021-2028 (IN $ MILLION)

    FIGURE 33: POLAND CLOUD MIGRATION SERVICES MARKET, 2021-2028 (IN $ MILLION)

    FIGURE 34: REST OF EUROPE CLOUD MIGRATION SERVICES MARKET, 2021-2028 (IN $ MILLION)

    1. GEOGRAPHICAL ANALYSIS
      • EUROPE
        • MARKET SIZE & ESTIMATES
        • KEY DRIVERS
        • KEY CHALLENGES
        • KEY PLAYERS
        • COUNTRY ANALYSIS
          • UNITED KINGDOM
          • GERMANY
          • FRANCE
          • ITALY
          • RUSSIA
          • BELGIUM
          • POLAND
          • REST OF EUROPE
    1. MARKET BY DEPLOYMENT MODEL
      • PUBLIC CLOUD
      • PRIVATE CLOUD
      • HYBRID CLOUD
    2. MARKET BY APPLICATION
      • PROJECT MANAGEMENT
      • INFRASTRUCTURE MANAGEMENT
      • SECURITY & COMPLIANCE MANAGEMENT
      • OTHER APPLICATIONS
    3. MARKET BY VERTICALS
      • BANKING, FINANCIAL SERVICES & INSURANCE (BFSI)
      • MANUFACTURING
      • HEALTHCARE & LIFE SCIENCES
      • IT & TELECOMMUNICATION
      • CONSUMER GOODS & RETAIL
      • GOVERNMENT & PUBLIC SECTOR
      • OTHER VERTICALS
    4. MARKET BY ORGANIZATION SIZE
      • LARGE ENTERPRISES
      • SMALL & MEDIUM ENTERPRISES

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