South Korea Cloud Migration Services Market Size, Share, and COVID-19 Impact Analysis, By ServiceType (Managed Services and Professional Services), By Enterprise Size (Small and Medium-sized Enterprises, Large Enterprises), and South Korea Cloud Migration Services Market Insights, Industry Trend, Forecasts to 2035.

South Korea Cloud Migration Services Market Insights Forecasts to 2035

• The South Korea Cloud Migration Services Market Size was estimated at USD 3.9 Billion in 2024
• The Market Size is Expected to Grow at a CAGR of around 18.44% from 2025 to 2035
• The South Korea Cloud Migration Services Market Size is Expected to Reach USD 25.1 Billion by 2035

According to a research report published by Spherical Insights & Consulting, the South Korea Cloud Migration Services Market Size is anticipated to reach USD 25.1 Billion by 2035, growing at a CAGR of 18.44% from 2025 to 2035. The market is being driven by the growing use of cloud services, which enables businesses to benefit from advancements like big data analytics, machine learning, and artificial intelligence.

Market Overview

The market for cloud migration services in South Korea is the collection of expert services that help businesses move their digital assets, such as data, apps, and IT procedures, from legacy systems or on-premises infrastructure to cloud environments. Businesses can now take advantage of cloud computing's scalability, flexibility, and cost-effectiveness thanks to this shift. Additionally, the market for cloud migration services in South Korea is expanding rapidly due to a number of important factors. First, the use of cloud solutions has been spurred by the growing need for flexible and scalable IT infrastructure. Cloud migration services offer a practical answer to the growing need for organizations to improve their operational agility and efficiency. Furthermore, as companies look to reduce their IT expenses and abandon conventional on-premises infrastructure, the affordability of cloud-based solutions is a key motivator.

Report Coverage

This research report categorizes the market for the South Korea Cloud migration services market based on various segments and regions and forecasts revenue growth and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the South Korea Cloud migration services market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the South Korea Cloud migration services market.

Driving Factors

Businesses are gravitating toward cloud migration services due to cost considerations and the regional trend toward digital transformation. Businesses must take advantage of the sophisticated features provided by cloud platforms in order to remain competitive in the quickly changing digital landscape. The market is also expanding as a result of the quicker transition to remote work, which forces businesses to give cloud-based solutions top priority for easy remote access and collaboration. Advanced encryption and compliance measures are now addressing security concerns, which were previously a barrier to cloud adoption, increasing confidence in cloud migration. Consequently, a number of factors are driving the cloud migration services market in South Korea, highlighting the critical role these services play in modernizing and future-proofing companies in a variety of industries.

Restraining Factors

Data localization is required due to strict requirements on data handling imposed by South Korea's Personal Information Protection Act (PIPA). This restricts the use of cloud solutions and raises business compliance expenses.

Market Segmentation

The South Korea cloud migration services market share is classified into service type and enterprise size.

• The managed services segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The South Korea cloud migration services market is segmented by service type into managed services and professional services. Among these, the managed services segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. driven by the growing need for outside knowledge of managing hybrid and multi-cloud environments. Companies are giving managed services top priority in order to improve security, reduce expenses, and expedite cloud migrations.

• The large enterprise segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The South Korea cloud migration services market is segmented by enterprise size into small and medium-sized enterprises and large enterprises. Among these, the large enterprise segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. motivated by their large expenditures on cloud infrastructure and digital transformation. These businesses place a high value on cost reduction, scalability, and security, which makes cloud migration an essential part of their IT plans.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the South Korea cloud migration services market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Dmove
• JCTS
• Cloudike Korea.
• C&Thoth
• Airfob by MOCA System
• Others

Recent Developments:

• In October 2024, A major initiative was announced by the South Korean Ministry of Science and ICT, which allocated KRW 121.9 billion (roughly USD 91.5 million) to develop the country's cloud computing industry. The objectives of this funding are to support the growth of Software as a Service (SaaS) venture, encourage the development and commercialization of advanced cloud services, and ease the transition from traditional software to SaaS models. The government's dedication highlights how crucial cloud computing is strategically for developing digital infrastructure and artificial intelligence (AI).

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at South Korea, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the South Korea cloud migration services market based on the below-mentioned segments:

South Korea Cloud Migration Services Market, By Service Type

• Managed Services
• Professional Services

South Korea Cloud Migration Services Market, By Enterprise Size

• Small and Medium-sized Enterprises
• Large Enterprises