Small And Medium Sized Enterprises (SMEs) - Cloud Migration Services Market Statistics
The global small and medium sized enterprises (smes) cloud migration services market was valued at US$ 5,916.4 million in 2024 and is estimated to grow at a compound annual growth rate (CAGR) of 27.7% from 2024 to 2030.
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Small and Medium Sized Enterprises (SMEs) - Cloud migration services market highlights
- The global small and medium sized enterprises (smes) segment generated a revenue of USD 5,916.4 million in 2024 and is expected to reach USD 25,655.2 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 28.6% by 2030.
- In terms of region, North America was the largest revenue generating market in 2024.
- Country-wise, South Africa is expected to register the highest CAGR from 2025 to 2030.
Market summary
| Market revenue in 2024 | USD 5,916.4 million |
| Market revenue in 2030 | USD 25,655.2 million |
| Growth rate | 28.6% (CAGR from 2025 to 2030) |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
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Cloud Migration Services Market Scope
Cloud migration services market segmentation & scope
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Small And Medium Sized Enterprises (SMEs) - Cloud Migration Services Market Statistics, 2018-2030 (US$M)
| Overall | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Overall | 125610.59 | 135632.00 | 145665.25 | 155675.18 | 173413.38 | 183225.17 | 121210.59 | 211332.00 | 321465.25 | 341575.18 | 351713.38 | 361825.17 | 391465.25 | 7.93% |
| Overall | 125610.59 | 135632.00 | 145665.25 | 155675.18 | 173413.38 | 183225.17 | 121210.59 | 211332.00 | 321465.25 | 341575.18 | 351713.38 | 361825.17 | 391465.25 | 7.93% |
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