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Asia-Pacific Cloud Migration Services Market Forecast 2021-2028

KEY FINDINGS

The Asia-Pacific cloud migration services market is anticipated to record a CAGR of 28.61% over the forecasted years of 2021 to 2028. The region's market growth is fuelled by key drivers such as the rising incorporation of a ‘cloud-first' approach, the development of cloud-based digital transformation solutions for meeting the growing consumer demand amid the COVID-19 pandemic, and increasing investments focused on the modernization of information technology (IT) infrastructure.

MARKET INSIGHTS

The Asia-Pacific cloud migration services market growth analysis includes the evaluation of Singapore, Thailand, China, Japan, Australia & New Zealand, Indonesia, South Korea, India, and the rest of the Asia-Pacific. Japan is one of the leading cloud migration services markets across the Asia-Pacific. As per industry sources, over 59% of business enterprises in the country utilized cloud computing services for data sharing as well as file storage. Japan's modern regulations, such as privacy legislation, further facilitate and promote cloud computing and the digital economy.

On the other hand, the cloud migration services market in Japan is proliferating as a result of public and direct investment in ICT infrastructure, in addition to the government's commitment towards cloud services. Furthermore, the rising adoption of cloud services by the country's small and medium-sized enterprises plays a vital role in raising the demand for cloud migration services. Therefore, these factors are projected to augment the market growth in the Asia-Pacific during the forecast period.

COMPETITIVE INSIGHTS

Some of the leading enterprises in the market are Tech Mahindra, NTT Data Corporation, Alibaba Cloud, Tencent Cloud, etc.

Our report offerings include:
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- Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
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- Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
- Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments

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Asia-Pacific Cloud Migration Services Market Forecast 2021-2028
Published By :Inkwood Research
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