North America Cloud Service Brokerage Market Introduction
Cloud service brokerage is an entity that act as an intermediate between two or more than two parties to negotiate relationships and manage performance and delivery of cloud computing services. Cloud integration is becoming the wave among enterprises that are ready to embrace disrupting technologies and outsource various facets of their IT processes. This, in turn, is encouraging cloud service providers to help organizations in making strategic IT infrastructure roadmap. Cloud service brokerage enhances end user organization capabilities by offering intermediate, aggregation and cloud service arbitrage services.
Increasing complexities associated with managing cloud services availed from different cloud vendors is fueling demand for cloud service brokers across the globe. This is driving growth of the cloud service brokerage services market at a significant pace. Also, movement of back-office and application software processes to cloud is projected to boost adoption of cloud service brokerage during the forecast period. However, threat associated with data security and privacy is anticipated to hinder growth of the market to certain extent.
The North America cloud service brokerage market analyzes various major segments such as offering, enterprise type, deployment model, and end-user industry. The North America CSB market is bifurcated based on offering into brokerage and external brokerage. Based on deployment model the market is segmented into private cloud, public cloud, and hybrid cloud. By enterprise type the global cloud service brokerage market has been classified into large enterprise and small & medium enterprise. Major end user industries included in the research study are BFSI, government, telecom & IT, educational institute, energy & utility, manufacturing, healthcare, retail, and other end users. Countries covered in the cloud service brokerage market are U.S. and Canada.
By region, the global cloud backup and recovery market are analyzed across North America, Western Europe, Eastern Europe, Asia-Pacific, and Middle East and Africa. Furthermore, the research study highlights the cloud backup and recovery market size and forecast at a regional and country level along with competitive landscape of key market to provide a better understanding of current market trends and future outlook. Among previously mentioned regions, North America dominated the market, in terms of revenue, in 2017 owing to growing adoption of cloud computing technology in the region.
North America Cloud Service Brokerage Market Competitive Landscape
Prominent players operating in the cloud service brokerage market are IBM Corporation, Accenture plc, Jamcracker Inc., Capgemini S.A., Arrow Electronics, Inc., Nephos Technologies, NEC corporation, Righscale, Inc., and Hewlett Packard Enterprise. Major vendors in the cloud service brokerage market are emphasizing more on strengthening their existing service portfolio and enhancing geographical presence.
This research report on North America 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.