Cloud Service Brokerage Market | Analysis 2019-2031

Cloud Service Brokerage Market Introduction

With growing adoption of trending cloud-based technologies selecting, integrating, aggregating, and managing multiple cloud environments is becoming a challenging task. Cloud service brokerage has emerged as a mainstream approach that can help end user organizations to manage complexities associated with growing cloud service portfolio. Cloud service brokerage is an IT business model in which cloud broker act as an intermediary between two or more purchasers of cloud computing services and providers. Cloud brokerage service industry is experiencing healthy growth as organizations are re-thinking cloud-oriented IT strategy approaches.

Market Dynamics

Enterprises operating in various industry verticals are increasingly shifting towards third-party cloud computing service providers to host application software and back-office systems on cloud. This, in turn, is increasing the demand for cloud brokerage services worldwide. Also, expanding cloud service portfolio and complexities associated with managing multi-cloud services is projected to boost growth of the cloud brokerage service market over the forecast period.

Market Scope

The global cloud service brokerage market has been segmented based on offering, deployment model, enterprise type, and end-user verticals. On the basis of offering the market has been classified into internal brokerage and external brokerage. By deployment the cloud service brokerage market is bifurcated into private, public and hybrid cloud. The end user segment includes large enterprise and small & medium enterprise. Based on end user vertical the cloud service brokerage market is divided into government, educational institute, BFSI, telecom & IT, healthcare, manufacturing, energy & utility, retail, and other end users.

Regional Outlook

Cloud service brokerage market size and forecast for various regional markets such as North America, Western Europe, Eastern Europe, Asia Pacific, Latin America and Middle East and Africa (MEA). Government bodies in developing countries such as United States and Canada are moving towards cloud technologies to save operational cost and deliver new services efficiently. This is fueling adoption of CSB at a significant pace, thus making North America dominant in terms of cloud service brokerage market size. However, Europe and Asia Pacific regions are likely to create new opportunities for CSB providers in the near future.

Cloud Service Brokerage Market Competitive Landscape

Major companies to be profiled in the cloud service brokerage market are Accenture plc, Capgemini S.A., Jamcracker Inc., Arrow Electronics, Inc., NEC corporation, IBM Corporation, Righscale, Inc., Nephos Technologies, and Hewlett Packard Enterprise. Emerging players in terms of innovation in the market are Cloudmore A.B., Incontinuum B.V., and Sixsq Sàrl. Prominent vendors in the cloud service brokerage market are focused towards providing one stop shop service to end user organizations.

Major Regions/Countries include:

• North America
  • United States
  • Canada
• Western Europe
  • Germany
  • United Kingdom
  • Spain
  • France
  • Italy
  • Rest of Western Europe
• Eastern Europe
  • Russia
  • Poland
  • Rest of Eastern Europe
• Asia Pacific (APAC)
  • Japan
  • China
  • India
  • ASEAN
  • Australia
  • Rest of Asia-Pacific
• Latin America
  • Brazil
  • Mexico
  • Argentina
  • Rest of Latin America
• Middle East and Africa (MEA)
  • GCC
  • North Africa
  • South Africa
  • Rest of MEA

This research report on cloud service brokerage market would be produced using first-hand market information gathered from industry experts and major participants across the value chain, during primary research. It would provide broad view of current market trends, growth factors and competitive analysis.