An $ 18.1 billion global opportunity for data migration by 2026

SAN FRANCISCO, October 6, 2021 / PRNewswire / – A new market study released by Global Industry Analysts Inc., (GIA), the leading market research firm, today released its report titled “Data Migration – Global Market Trajectory and Analysis. “The report presents new perspectives on the opportunities and challenges in a dramatically transformed post-COVID-19 market.

Global opportunity for data migration

Editing: 9; Posted: April 2021
Executive pool: 31693
Companies: 13 – Players covered include Amazon Web Services, Inc .; Attunity Ltd .; IBM Corporation; Informatica LLC; Information Generators, Inc .; Microsoft Corporation; Oracle Corporation; SAP SE; SAS Institute, Inc .; Scribe Software Inc .; Syncsort; Talend SA and others.
Blanket: All major geographies and key segments
Segments: Commercial function (marketing, sales, finance, legal, other commercial functions); Data type (customer data, financial data, product data, compliance data, supplier data)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; UK; and rest of Europe); Asia Pacific; Rest of the world.

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Global Data Migration Market to Reach $ 18.1 billion by 2026
In the midst of the COVID-19 crisis, the global data migration market is estimated to be US $ 6.9 billion in 2020, is expected to reach a revised size of US $ 18.1 billion by 2026, with a CAGR of 17.2% over the analysis period. Customer data, one of the segments analyzed in the report, is expected to register a CAGR of 17.8% and reach 7.1 billion US dollars at the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, the growth of the financial data segment is readjusted to a revised CAGR of 18.5% for the next 7-year period.

The US market is estimated at $ 2.5 billion in 2021, when China is expected to reach $ 3.2 billion by 2026
The data migration market in the United States is estimated at US $ 2.5 billion in 2021. China, the world’s second-largest economy, is expected to reach a projected market size of US $ 3.2 billion by 2026, with a CAGR of 16.5% over the analysis period. Other notable geographic markets include Japan and Canada, each projects growth of 15.2% and 14.8% respectively during the analysis period. In Europe, Germany is expected to grow by about 12.6% CAGR.

Product data segment to be reached US $ 3.2 billion by 2026
In the global product data segment, United States, Canada, Japan, China and Europe will lead to the estimated 16.6% CAGR for this segment. These regional markets representing a combined market size of US $ 1 billion in 2020 will reach a projected size of US $ 2.9 billion at the end of the analysis period. China will remain among the most dynamic of this group of regional markets. Following

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About Global Industry Analysts, Inc. and StrategyR ™
Global Industry Analysts, Inc., ( is a renowned market research publisher, the only influencer-focused market research company in the world. Proudly serving more than 42,000 clients in 36 countries, GIA has been recognized for its accurate forecasting of markets and industries for more than 33 years.

Zak Ali
Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
Email: [email protected]

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SOURCE Global Industry Analysts, Inc.

Sean N. Ayres