The demand of data migration software and services explained

Steadily, one can observe that,evolving regulatory landscape and need to retain legacy data would fuel the demand of data migration software and services. However, data quality and address verification which are often issues post the data migration are restricting the development of marketworldwide. 

Every organization has different departments to manage varied business processes and operations. The data generated from disparate sources such as social media, mobile applications, and web services, need to bemonitored and managed in every department to have consolidated data repository. Hence, data migration have shownsignificant adoption in marketing department in everyorganization. 

According to Research and Markets, the data migration market is expected to grow from USD 5.14 Billion in 2017 to USD 11.49 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 17.5%.