Google today announced an update to Google Authenticator - https://security.googleblog.com/2023/04/google-authenticator-now-supports.html
This is the first update in a very long time, and adds OTP account sync to your logged-in Google account (with the ability to still use it without an account if desired).
The lack of account backup is what's kept me on Microsoft Authenticator for so long; I'm terrible for swapping phones frequently and adding the 10s of accounts back in manually to authenticator is nightmare material.
I know what I'll be doing now this week :)
Grab Google Authenticator via Google Play. The update is still rolling out so may not be visible just yet - https://play.google.com/store/apps/details?id=com.google.android.apps.authenticator2