Cloud Migration Services Market to Grow Immensely
The global cloud migration services market is projected to grow by 24.2 percent per year through 2022, when it is expected to reach $7.46 billion, according to a new industry report from Infinium Global Research.
The market growth, the report says, is being driven by increasing demand for migrating applications and business processes to the cloud, adopting enhanced security, flexibility, and reducing operational costs.
Cloud computing services offer organizations greater flexibility, increased collaboration, disaster recovery, security, reliability, manageability, and more, Infinium found. In line with these benefits, organizations are increasingly adopting cloud-based services in public, private, and hybrid cloud environments. This migration process doesn't come without its complications, including service interruptions, service delays, and more. To overcome these difficulties organizations adopt cloud migration services.
Cloud migration services provide reference architecture and methodologies to move cloud applications to the cloud. Adopting cloud migration services enables organizations to implement enhanced security to data that is moved to the cloud by using encryption techniques.