Albany, NY -- (SBWIRE) -- 02/04/2019 -- 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.
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.
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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.
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.
The report covers exhaustive analysis on:
Data migration Market Segments
- Data migration Market Dynamics
- Historical Actual Market Size, 2012 – 2016
- Data migration Market Size & Forecast 2017 to 2027
- Supply & Demand Value Chain
- Data migration Market Current Trends/Issues/Challenges
- Competition & Companies involved
- Technology
- Value Chain
- Data migration Market Drivers and Restraints
MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources
The report provides the following information:
- Tailwinds and headwinds molding the market's trajectory
- Market segments based on products, technology, and applications
- Prospects of each segment
- Overall current and possible future size of the market
- Growth pace of the market
- Competitive landscape and key players' strategies
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