North American cloud migration market is projected to grow at a significant CAGR during the forecast period. With the rising number of large, small, and medium enterprises across the US and Canada, an increasing concern of big data management has been reported in the past years. As a result, the companies hire cloud migration service providers for the optimal management of their big data with more security and flexibility. This is primarily fuelling the demand for private cloud services as it offers the infrastructure and security of a dedicated data center without the cost of maintaining this facility in the enterprise that further propels the market growth.
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Geographically, the US and Canada significantly contributing to the North American cloud migration market. The US has a well-established ICT infrastructure along with the significant presence of key market players such as CenturyLink, Equinix, and AT&T, Inc., which can be considered as some of the prominent factors involved in driving the growth of the US market.
The country has a major presence of large enterprises and financial institutions, owing to which, there is substantial demand for cloud migration services in the country. Canada’s data center cloud migration industry is projected to exhibit the fastest growth rate in the North American cloud migration market. The increasing number of enterprises coupled with growth in big data is attributing to the increasing demand for cloud migration facilities in the country.
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Market Coverage
- Study Period- 2019-2026
- Base year- 2019
- Forecast period- 2020-2026
- Segments Covered- By Deployment Type and by Industry
- Regions Covered- US and Canada
- Key Companies Profiled- Microsoft Corp., IBM Corp., Google LLC, Cisco Systems Inc., Oracle Corp., Amazon Web Services, Inc., and others
Key Questions Addressed by the Report
- What is the market growth rate during the forecast period?
- Which segment/region dominates the market in the base year?
- Which segment/region will project the fastest growth in the market during the forecast period?
- How COVID-19 will impact the market growth in 2020 and the coming years?
o Recovery Timeline
o Deviation from the pre-COVID forecast
o Most affected region/segment
o Recommendations
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
North American Cloud Migration Market – Segmentation
By Deployment Type
- Public Cloud
- Private Cloud
- Hybrid Cloud
By Industry
- BFSI
- IT & Telecom
- Government
- Retail & Consumer Goods
- Healthcare
- Other (Manufacturing)
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