The European cloud migration market is estimated to grow significantly during the forecast period. The major factors responsible for the growth of the market in Europe include well-developed IT infrastructure, high internet penetration, and high adoption of cloud-based devices among organizations. Regulations regarding data localization such as GDPR by the European Union, and countries-own data localization and protection act are also providing growth to the market. Along with that the expansion strategy adopted by the majority of the cloud service providers in the region is addressing the increasing demand for cloud migration services across various industry verticals.

The European market for cloud migration is segregated on the basis of deployment type and industry. Based on the deployment type, the market is further classified into public cloud, private cloud, and hybrid cloud. The hybrid cloud segment is projected to have a considerable share in the European market owing to the significant deployment of hybrid networks in enterprises. Based on the industry, the European cloud migration market is further segmented into BFSI, IT & telecom, government, retail & consumer goods, healthcare, and others. The IT & telecom segment is estimated to have considerable growth in the market owing to the growing adoption of automation and agility solutions in the IT & telecom industry across the globe. Based on geography, the European cloud migration market is further segregated into the UK, Germany, France, Italy, Spain, and the Rest of Europe. Among geography, the UK is projected to have a considerable share in the European cloud migration market.  

The companies which are contributing to the growth of the European cloud migration market include  Microsoft Corp., IBM Corp., Google LLC, Cisco Systems Inc., Oracle Corp., Amazon Web Services, Inc., and others. Product launch, merger, and acquisition, collaborations with government, and technological advancements through which market players are considerably contributing to the market growth to stay competitive in the market. 

Research Methodology

The market study of the European cloud migration market is incorporated by extensive primary and secondary research conducted by the research team.  Secondary research has been conducted to refine the available data to breakdown the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.

Secondary Sources Include

• Financial reports of companies involved in the market.
• Whitepapers, research-papers, and news blogs.
• Company websites and their deployment catalog.

The report is intended for cloud migration providers, end-user companies for overall market analysis, and competitive analysis. The report provides an in-depth analysis of pricing, market size, intended quality of the deployment preferred by consumers. The report will serve as a source for 360-degree analysis of the market thoroughly integrating different models delivering insights into the market for better business decisions.

Market Segmentation

1. European Cloud Migration Market Research and Analysis by Deployment Type
2. European Cloud Migration Market Research and Analysis by Industry

The Report Covers

• Comprehensive research methodology of the European cloud migration market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the European cloud migration market.
• Insights about market determinants that are stimulating the European cloud migration market.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.