Data Migration Market Report: Trends, Insights, and Forecast for 2030

According to the study by Next Move Strategy Consulting, the Data Migration Market size is predicted to reach USD 33.58 billion with a CAGR of 18.7% till 2030. 

Data migration is a process of selecting, preparing, extracting, transforming, and transferring data from one computer storage system to another. It requires the use of data profiling, discovery tools, and data quality capabilities that includes extract, transform & load (ETL), data archival, and data masking technologies in the migration process.

Data migration helps in transferring data from one source to multiple applications such as implementing new applications, change in system, migrating to a cloud-based environment, consolidating, upgrading, and modernization of applications. In addition, data migration eliminates wasteful data further improves the security of valuable data, and reconciles databases for better usage. There are different types of data migration that have
different kind of migration processes such as storage migration, cloud migration, and application migration.

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