Data migration  Market Analysis for the Period 2017 - 2025

Overview:-

Data migration is the process of moving data from one technology to other, as opposed to data amalgamation, ETL and duplication, which are mainly concerned with moving data among current environments, though these technologies may be used in order to support the migration procedure. Data migration is often assumed as a part of a wider application migration such as migrating from SAP to Oracle, consolidating SAP environments or migrating from one version of SAP to another, but may also be used to support migration from one database to another or between major upgrades of a database. The implementation of master data management may also require data migration. Data migration will require use of data profiling and discovery tools and data quality capabilities and may also involve ETL, data archival and data masking technologies.

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Data migration market: Drivers and Challenges

Increasing business data volumes which can be attributed to rising adoption of Internet of Things (IoT) and big data technologies across various industries is one of the key factors fuelling the growth of this market. Further, evolving regulatory landscape and need to preserve legacy data would fuel the demand of data migration software and services.

However, data quality and address verification which are often issues post the data migration are restricting the development of market worldwide.

Data migration market: regional outlook

By regions, Data migration market can be segmented into North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan, Japan, and Middle East and Africa.

North America and Western Europe Data migration market is predominantly mature as compared to the other regional market as they are fast in the adoption of technology. Data migration market in Asia Pacific excluding Japan and Japan are expected to possess maximum potential in the forecast period. Data migration market in Latin America and Middle East and Africa are also projected to witness positive growth during the forecast period.

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Data migration market segmentation:-

The Data migration market is segmented

By Component

• Software
• Services

By Deployment Model

• On-premises
• Cloud

By Organization Size

• Small and Medium-sized Enterprises (SMEs)
• Large enterprises

By Industry Vertical

• BFSI
• Retail
• Government
• Defence
• Healthcare
• Manufacturing
• IT and Telecom
• Energy and utilities
• Media and entertainment
• Others (transportation and logistics, travel and hospitality, and academic and research)

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Data migration market: competition landscape:-

Key vendors in the Data migration market includes IBM Corporation, Oracle Corporation, Amazon Web Services, Inc., Microsoft Corporation, SAS Institute, SAP SE, Informatica Corporation, Information Builders inc, Talend SA, Attunity Ltd, Scribe Software Corporation, and Syncsort Incorporated.