According to a new report, published by KBV research, The Global Data Migration Market size is expected to reach $31.71 billion by 2031, rising at a market growth of 12.0% CAGR during the forecast period.
The Small & Medium Enterprises segment is experiencing a CAGR of 12.5% during (2024 - 2031). With the rise of Software-as-a-Service (SaaS) solutions, affordable cloud storage options, and automation tools, SMEs are shifting from traditional on-premise systems to cloud-based environments to enhance operational efficiency and cost-effectiveness. Additionally, with remote work becoming more prevalent, SMEs are migrating their customer data, sales records, and business applications to cloud-based CRM, ERP, and digital collaboration tools, further driving demand in this segment.
The Customer Data segment is leading the Global Data Migration Market by Data Type in 2023; thereby, achieving a market value of $10.03 billion by 2031. As businesses across industries focus on enhancing customer experiences and engagement, they invest heavily in customer data migration to consolidate customer interactions, purchase histories, preferences, and behavioral analytics across multiple digital platforms. The surge in e-commerce, digital banking, and AI-powered customer insights has fueled demand for seamless customer data migration solutions, ensuring smooth transitions to cloud-based CRM systems, omnichannel platforms, and advanced analytics tools.
The On-Premise segment exhibits a CAGR of 12.7% during (2024 - 2031). Industries such as banking, government, healthcare, and defense continue to rely heavily on on-premise data migration solutions to control their sensitive data completely. The necessity for adherence to regulatory compliance concerning data protection legislation has compelled organizations to retain and transfer their data within private, on-site servers rather than transitioning it to third-party cloud service providers. Businesses with custom-built enterprise applications, high-performance computing (HPC) workloads, and proprietary databases often find migrating data within their existing on-premise infrastructure more practical than shifting to a cloud-based environment.
The Sales & Marketing segment is generating the maximum revenue in the Global Data Migration Market by Business Function in 2023; thereby, achieving a market value of $8.33 billion by 2031. Businesses across industries are migrating vast amounts of customer data, sales transactions, and campaign performance metrics to cloud-based marketing automation tools, omnichannel engagement platforms, and AI-powered customer insights systems. With the rapid expansion of e-commerce, digital advertising, and data-driven personalization, organizations focus on the seamless integration of sales pipelines, lead management systems, and customer segmentation tools, ensuring real-time insights and enhanced customer experiences.
The Manufacturing segment captured a CAGR of 12.5% during (2024 - 2031). As manufacturing companies shift to automated production processes and real-time inventory tracking, they require efficient data migration solutions to integrate legacy systems with modern enterprise resource planning (ERP) platforms. The integration of predictive maintenance, AI-driven analytics, and IoT-enabled asset monitoring has further accelerated the demand for seamless data migration within the manufacturing sector.
Full Report: https://www.kbvresearch.com/data-migration-market/
The North America region dominated the Global Data Migration Market by Region in 2023; thereby, achieving a market value of $12.10 billion by 2031. The Europe region is registering a CAGR of 11.7% during (2024 - 2031). Additionally, The Asia Pacific region would witness a CAGR of 12.7% during (2024 - 2031).
By Organization Size
By Data Type
By Deployment Type
By Business Function
By Application
Unique Offerings 
