Cloud Integration Migration and Optimization Market Segmentation:
Deployment Model (Private, Public, Hybrid)
Public segment is projected to hold more than 63.2% cloud integration, migration and optimization market share by 2035. The scalability and flexibility in serving with an open-source tool for operation have driven significant growth in this segment. The public cloud service providers allow businesses to scale up or down without requiring on-premises infrastructure. As a result, these pay-as-you-go models make data management affordable for users. Companies are now upgrading their public cloud services to integrate with new technologies. For instance, in October 2023, AWS launched Amazon EC2 Capacity Blocks to provide access for reserving GPU instances for deploying AI and ML models.
Service Type (Integration, Migration, Optimization)
Based on service type, the optimization segment is expected to garner great opportunities for the cloud integration, migration and optimization market during the forecast period. The segment is witnessing growth due to its capability to improve cost-efficiency in the cloud environment. Recent developments in technology have enabled tools for organizations to maximize the return on investment from these services. For instance, in June 2024, Harness launched three new AI-powered features for businesses seeking cost optimization. Cloud Asset Governance can automate the process of cost management, security, and compliance over multi-cloud environments. Its flexible integration allows access to governance through AWS, Azure, and Google Cloud Platform.
Our in-depth analysis of the market includes the following segments:
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