Cloud Services Brokerage market includes various vendors, such as Accenture (Ireland), DoubleHorn (US), Jamcracker (US), IBM (US), HPE (US), RightScale (US), Dell (US), Wipro (India), Arrow Electronics (US), ActivePlatform (Belarus), Cloudmore (Sweden), InContinuum (Netherlands), DXC Technology (US), Cognizant (US), BitTitan (US), Nephos Technologies (UK), OpenText (Canada), ComputeNext (US), CloudFX (Singapore), Fujitsu (Japan), Tech Mahindra (India), Atos (France), Cloudreach (UK), Neostratus (Hungary), and Proximitum (UK).
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The global Cloud Services Brokerage market is expected to grow from USD 6.78 billion in 2018 to USD 15.03 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 17.3% during the forecast period. An increasing adoption of multi-cloud approaches that involve dynamic management of a variety of cloud providers and services is one of the major drivers for the CSB market.
The target audience of the CSB market report includes the following:
- Hosting service providers
- Cloud infrastructure and service providers
- Technology consultants
- Value-added Resellers (VARs)
- System Integrators (SIs) and aggregators
- Cloud brokerage enablers
- Government and local authorities
- Telecom service providers
- API management service providers
- Wireless/mobile infrastructure providers
North America is estimated to hold largest market size in Cloud Service Brokerage market in 2018, and the trend is expected to continue during the forecast period.
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Growth in the adoption of cloud-based services among SMEs and large enterprises is expected to drive the CSB market in this region. On the other hand, the CSB market in Asia Pacific (APAC) is expected to witness an exponential growth and is projected to be one of the fastest-growing regions in the global CSB market.
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The cloud services brokerage market is segmented on the basis of service type that includes operations management; catalog management ;workload management; integration, reporting, and analytics; security and compliance; training and consulting; and support and maintenance. The platform segment includes internal brokerage enablement and external brokerage enablement.
The deployment model segment includes public cloud, private cloud, and hybrid cloud. The organization size consists of SMEs and large enterprises.
2 Market Ranking
3 New Product Launches
5 Mergers and Acquisitions
Market by vertical covers BFSI, Healthcare and Life Sciences, IT and Telecommunications, Retail and Consumer Goods, Manufacturing, Government and Public Sector, Media and Entertainment, Energy and Utilities, and others (Education and Transportation & Logistics). Market has also been segmented on basis of major regions into North America, Europe, APAC, Middle East and Africa (MEA), and Latin America.
Cloud Services Brokerage market has been segmented by platform into internal brokerage enablement and external brokerage enablement. These internal enablement platforms empower enterprises to provide a unified multi-cloud governance and management experience to their employees.
Enterprises utilize internal brokerage enablement platforms for unifying security, policy enforcement, license management, and employee usage monitoring across cloud services.
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