
The global market for Cloud Modernization Services was valued at US$ 645 million in the year 2024 and is projected to reach a revised size of US$ 1028 million by 2031, growing at a CAGR of 6.8% during the forecast period.
Cloud modernization services refer to a series of services that use cloud computing technology to modernize and upgrade traditional IT architectures, applications, and services. These services are designed to improve business efficiency, reduce costs, and enhance flexibility and scalability to meet the current rapidly changing market needs.
The advantages of cloud modernization services lie in their flexibility, scalability, and cost-effectiveness. Enterprises can choose suitable cloud service providers and solutions according to their own needs to achieve optimal allocation and efficient use of resources. At the same time, cloud modernization services can also help enterprises quickly respond to market changes, flexibly adjust business strategies, and maintain competitive advantages.
North American market for Cloud Modernization Services is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
Asia-Pacific market for Cloud Modernization Services is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
The global market for Cloud Modernization Services in BFSI is estimated to increase from $ million in 2024 to $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
The major global companies of Cloud Modernization Services include Accenture, Amzur Technologies, Cloudflight, Crayon Group, Dell, Eviden, Fujitsu, Hitachi Vantara, Infosys, Kyndryl, etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Cloud Modernization Services, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Cloud Modernization Services.
The Cloud Modernization Services market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Cloud Modernization Services market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Cloud Modernization Services companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Accenture
Amzur Technologies
Cloudflight
Crayon Group
Dell
Eviden
Fujitsu
Hitachi Vantara
Infosys
Kyndryl
LumenData
Macro Solutions
Microware
MobiDev
N-iX
NTT
Opsfleet
Symphony Solutions
Tata Consultancy Services (TCS)
Toptal
Zealogics
Segment by Type
Public Cloud Modernization Services
Private Cloud Modernization Services
Hybrid Cloud Modernization Services
Segment by Application
BFSI
Government
Healthcare
IT and Telecommunication
Manufacturing
Retail
Others
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Cloud Modernization Services company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Cloud Modernization Services Market Size Growth Rate by Type: 2020 VS 2024 VS 2031
1.2.2 Public Cloud Modernization Services
1.2.3 Private Cloud Modernization Services
1.2.4 Hybrid Cloud Modernization Services
1.3 Market by Application
1.3.1 Global Cloud Modernization Services Market Growth by Application: 2020 VS 2024 VS 2031
1.3.2 BFSI
1.3.3 Government
1.3.4 Healthcare
1.3.5 IT and Telecommunication
1.3.6 Manufacturing
1.3.7 Retail
1.3.8 Others
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Global Cloud Modernization Services Market Perspective (2020-2031)
2.2 Global Cloud Modernization Services Growth Trends by Region
2.2.1 Global Cloud Modernization Services Market Size by Region: 2020 VS 2024 VS 2031
2.2.2 Cloud Modernization Services Historic Market Size by Region (2020-2025)
2.2.3 Cloud Modernization Services Forecasted Market Size by Region (2026-2031)
2.3 Cloud Modernization Services Market Dynamics
2.3.1 Cloud Modernization Services Industry Trends
2.3.2 Cloud Modernization Services Market Drivers
2.3.3 Cloud Modernization Services Market Challenges
2.3.4 Cloud Modernization Services Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Cloud Modernization Services Players by Revenue
3.1.1 Global Top Cloud Modernization Services Players by Revenue (2020-2025)
3.1.2 Global Cloud Modernization Services Revenue Market Share by Players (2020-2025)
3.2 Global Top Cloud Modernization Services Players by Company Type and Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Global Key Players Ranking by Cloud Modernization Services Revenue
3.4 Global Cloud Modernization Services Market Concentration Ratio
3.4.1 Global Cloud Modernization Services Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Cloud Modernization Services Revenue in 2024
3.5 Global Key Players of Cloud Modernization Services Head office and Area Served
3.6 Global Key Players of Cloud Modernization Services, Product and Application
3.7 Global Key Players of Cloud Modernization Services, Date of Enter into This Industry
3.8 Mergers & Acquisitions, Expansion Plans
4 Cloud Modernization Services Breakdown Data by Type
4.1 Global Cloud Modernization Services Historic Market Size by Type (2020-2025)
4.2 Global Cloud Modernization Services Forecasted Market Size by Type (2026-2031)
5 Cloud Modernization Services Breakdown Data by Application
5.1 Global Cloud Modernization Services Historic Market Size by Application (2020-2025)
5.2 Global Cloud Modernization Services Forecasted Market Size by Application (2026-2031)
6 North America
6.1 North America Cloud Modernization Services Market Size (2020-2031)
6.2 North America Cloud Modernization Services Market Growth Rate by Country: 2020 VS 2024 VS 2031
6.3 North America Cloud Modernization Services Market Size by Country (2020-2025)
6.4 North America Cloud Modernization Services Market Size by Country (2026-2031)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Cloud Modernization Services Market Size (2020-2031)
7.2 Europe Cloud Modernization Services Market Growth Rate by Country: 2020 VS 2024 VS 2031
7.3 Europe Cloud Modernization Services Market Size by Country (2020-2025)
7.4 Europe Cloud Modernization Services Market Size by Country (2026-2031)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Cloud Modernization Services Market Size (2020-2031)
8.2 Asia-Pacific Cloud Modernization Services Market Growth Rate by Region: 2020 VS 2024 VS 2031
8.3 Asia-Pacific Cloud Modernization Services Market Size by Region (2020-2025)
8.4 Asia-Pacific Cloud Modernization Services Market Size by Region (2026-2031)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Cloud Modernization Services Market Size (2020-2031)
9.2 Latin America Cloud Modernization Services Market Growth Rate by Country: 2020 VS 2024 VS 2031
9.3 Latin America Cloud Modernization Services Market Size by Country (2020-2025)
9.4 Latin America Cloud Modernization Services Market Size by Country (2026-2031)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Cloud Modernization Services Market Size (2020-2031)
10.2 Middle East & Africa Cloud Modernization Services Market Growth Rate by Country: 2020 VS 2024 VS 2031
10.3 Middle East & Africa Cloud Modernization Services Market Size by Country (2020-2025)
10.4 Middle East & Africa Cloud Modernization Services Market Size by Country (2026-2031)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Accenture
11.1.1 Accenture Company Details
11.1.2 Accenture Business Overview
11.1.3 Accenture Cloud Modernization Services Introduction
11.1.4 Accenture Revenue in Cloud Modernization Services Business (2020-2025)
11.1.5 Accenture Recent Development
11.2 Amzur Technologies
11.2.1 Amzur Technologies Company Details
11.2.2 Amzur Technologies Business Overview
11.2.3 Amzur Technologies Cloud Modernization Services Introduction
11.2.4 Amzur Technologies Revenue in Cloud Modernization Services Business (2020-2025)
11.2.5 Amzur Technologies Recent Development
11.3 Cloudflight
11.3.1 Cloudflight Company Details
11.3.2 Cloudflight Business Overview
11.3.3 Cloudflight Cloud Modernization Services Introduction
11.3.4 Cloudflight Revenue in Cloud Modernization Services Business (2020-2025)
11.3.5 Cloudflight Recent Development
11.4 Crayon Group
11.4.1 Crayon Group Company Details
11.4.2 Crayon Group Business Overview
11.4.3 Crayon Group Cloud Modernization Services Introduction
11.4.4 Crayon Group Revenue in Cloud Modernization Services Business (2020-2025)
11.4.5 Crayon Group Recent Development
11.5 Dell
11.5.1 Dell Company Details
11.5.2 Dell Business Overview
11.5.3 Dell Cloud Modernization Services Introduction
11.5.4 Dell Revenue in Cloud Modernization Services Business (2020-2025)
11.5.5 Dell Recent Development
11.6 Eviden
11.6.1 Eviden Company Details
11.6.2 Eviden Business Overview
11.6.3 Eviden Cloud Modernization Services Introduction
11.6.4 Eviden Revenue in Cloud Modernization Services Business (2020-2025)
11.6.5 Eviden Recent Development
11.7 Fujitsu
11.7.1 Fujitsu Company Details
11.7.2 Fujitsu Business Overview
11.7.3 Fujitsu Cloud Modernization Services Introduction
11.7.4 Fujitsu Revenue in Cloud Modernization Services Business (2020-2025)
11.7.5 Fujitsu Recent Development
11.8 Hitachi Vantara
11.8.1 Hitachi Vantara Company Details
11.8.2 Hitachi Vantara Business Overview
11.8.3 Hitachi Vantara Cloud Modernization Services Introduction
11.8.4 Hitachi Vantara Revenue in Cloud Modernization Services Business (2020-2025)
11.8.5 Hitachi Vantara Recent Development
11.9 Infosys
11.9.1 Infosys Company Details
11.9.2 Infosys Business Overview
11.9.3 Infosys Cloud Modernization Services Introduction
11.9.4 Infosys Revenue in Cloud Modernization Services Business (2020-2025)
11.9.5 Infosys Recent Development
11.10 Kyndryl
11.10.1 Kyndryl Company Details
11.10.2 Kyndryl Business Overview
11.10.3 Kyndryl Cloud Modernization Services Introduction
11.10.4 Kyndryl Revenue in Cloud Modernization Services Business (2020-2025)
11.10.5 Kyndryl Recent Development
11.11 LumenData
11.11.1 LumenData Company Details
11.11.2 LumenData Business Overview
11.11.3 LumenData Cloud Modernization Services Introduction
11.11.4 LumenData Revenue in Cloud Modernization Services Business (2020-2025)
11.11.5 LumenData Recent Development
11.12 Macro Solutions
11.12.1 Macro Solutions Company Details
11.12.2 Macro Solutions Business Overview
11.12.3 Macro Solutions Cloud Modernization Services Introduction
11.12.4 Macro Solutions Revenue in Cloud Modernization Services Business (2020-2025)
11.12.5 Macro Solutions Recent Development
11.13 Microware
11.13.1 Microware Company Details
11.13.2 Microware Business Overview
11.13.3 Microware Cloud Modernization Services Introduction
11.13.4 Microware Revenue in Cloud Modernization Services Business (2020-2025)
11.13.5 Microware Recent Development
11.14 MobiDev
11.14.1 MobiDev Company Details
11.14.2 MobiDev Business Overview
11.14.3 MobiDev Cloud Modernization Services Introduction
11.14.4 MobiDev Revenue in Cloud Modernization Services Business (2020-2025)
11.14.5 MobiDev Recent Development
11.15 N-iX
11.15.1 N-iX Company Details
11.15.2 N-iX Business Overview
11.15.3 N-iX Cloud Modernization Services Introduction
11.15.4 N-iX Revenue in Cloud Modernization Services Business (2020-2025)
11.15.5 N-iX Recent Development
11.16 NTT
11.16.1 NTT Company Details
11.16.2 NTT Business Overview
11.16.3 NTT Cloud Modernization Services Introduction
11.16.4 NTT Revenue in Cloud Modernization Services Business (2020-2025)
11.16.5 NTT Recent Development
11.17 Opsfleet
11.17.1 Opsfleet Company Details
11.17.2 Opsfleet Business Overview
11.17.3 Opsfleet Cloud Modernization Services Introduction
11.17.4 Opsfleet Revenue in Cloud Modernization Services Business (2020-2025)
11.17.5 Opsfleet Recent Development
11.18 Symphony Solutions
11.18.1 Symphony Solutions Company Details
11.18.2 Symphony Solutions Business Overview
11.18.3 Symphony Solutions Cloud Modernization Services Introduction
11.18.4 Symphony Solutions Revenue in Cloud Modernization Services Business (2020-2025)
11.18.5 Symphony Solutions Recent Development
11.19 Tata Consultancy Services (TCS)
11.19.1 Tata Consultancy Services (TCS) Company Details
11.19.2 Tata Consultancy Services (TCS) Business Overview
11.19.3 Tata Consultancy Services (TCS) Cloud Modernization Services Introduction
11.19.4 Tata Consultancy Services (TCS) Revenue in Cloud Modernization Services Business (2020-2025)
11.19.5 Tata Consultancy Services (TCS) Recent Development
11.20 Toptal
11.20.1 Toptal Company Details
11.20.2 Toptal Business Overview
11.20.3 Toptal Cloud Modernization Services Introduction
11.20.4 Toptal Revenue in Cloud Modernization Services Business (2020-2025)
11.20.5 Toptal Recent Development
11.21 Zealogics
11.21.1 Zealogics Company Details
11.21.2 Zealogics Business Overview
11.21.3 Zealogics Cloud Modernization Services Introduction
11.21.4 Zealogics Revenue in Cloud Modernization Services Business (2020-2025)
11.21.5 Zealogics Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.1.1 Research Programs/Design
13.1.1.2 Market Size Estimation
13.1.1.3 Market Breakdown and Data Triangulation
13.1.2 Data Source
13.1.2.1 Secondary Sources
13.1.2.2 Primary Sources
13.2 Author Details
13.3 Disclaimer
Accenture
Amzur Technologies
Cloudflight
Crayon Group
Dell
Eviden
Fujitsu
Hitachi Vantara
Infosys
Kyndryl
LumenData
Macro Solutions
Microware
MobiDev
N-iX
NTT
Opsfleet
Symphony Solutions
Tata Consultancy Services (TCS)
Toptal
Zealogics
Ìý
Ìý
*If Applicable.
