Cloud Services Brokerage Market Share, Industry Growth Analysis, Revenue, Size, Report 2024-2032

The latest report by IMARC Group, titled “Cloud Services Brokerage Market Report by Service Type (Integration and Support, Automation and Orchestration, Billing and Provisioning, Migration and Customization, Security and Compliance, and Others), Platform (Internal Brokerage Enablement, External Brokerage Enablement), Deployment Model (Private, Public, Hybrid), Organization Size (Large Enterprises, Small and Medium-sized Enterprises), End User (IT and Telecom, BFSI, Government and Public Sector, Healthcare, Consumer Goods and Retail, Manufacturing, Energy and Utilities, and Others), and Region 2024-2032“, The global cloud services brokerage market size reached USD 11.8 Billion in 2023. Looking forward, IMARC Group expects the market to reach USD 42.2 Billion by 2032, exhibiting a growth rate (CAGR) of 14.8% during 2024-2032.

Cloud services brokerage (CSB) involves acting as a middleman between cloud service providers and users, facilitating the procurement, management, and integration of cloud services. A CSB streamlines the process by offering a centralized marketplace where clients can easily select and purchase services from multiple providers. Additionally, it helps with integrating various cloud services into existing IT setups to ensure smooth interoperability and data exchange. CSBs may also provide extra services such as customization and consulting to tailor cloud solutions to meet clients’ specific needs. With the growing popularity of cloud computing among organizations for improving operations and digital transformation, the role of CSBs has become more important.

Cloud Services Brokerage Market Trends and Drivers:

The global cloud services brokerage market is experiencing rapid expansion, fueled by a combination of influential factors. A key driver of this growth is the increasing need for streamlined management and integration of complex, multi-cloud environments. As businesses utilize multiple cloud providers to meet their varied needs, cloud services brokers play a vital role in coordinating these services, optimizing resource allocation, and providing expert guidance. The escalating complexity for specialized assistance in selecting and managing cloud solutions, as well as navigating the intricacies of cloud infrastructure. Cloud services brokers offer valuable expertise, enabling businesses to make informed decisions about cloud strategy, migration, and vendor selection, ultimately driving technological innovation and competitiveness. The growing emphasis on cost-effectiveness and resource optimization has also contributed to the surge in demand provide cost-efficient solutions through optimized cloud usage and resource allocation. Additionally, concerns about force behind the market’s growth, as businesses rely increasingly on cloud-based services and face threats. Cloud services brokers address these to adopt cloud solutions while adhering to strict data protection regulations. 

For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/cloud-services-brokerage-market/requestsample

Report Segmentation:

The report has segmented the market into the following categories:

Service Type Insights:

  • Integration and Support
  • Automation and Orchestration
  • Billing and Provisioning
  • Migration and Customization
  • Security and Compliance
  • Others

Platform Insights:

  • Internal Brokerage Enablement
  • External Brokerage Enablement

Deployment Model Insights:

  • Private
  • Public
  • Hybrid

Organization Size Insights:

  • Large Enterprises
  • Small and Medium-sized Enterprises

End User Insights:

  • IT and Telecom
  • BFSI
  • Government and Public Sector
  • Healthcare
  • Consumer Goods and Retail
  • Manufacturing
  • Energy and Utilities
  • Others

Market Breakup by Region:

  • North America (United States, Canada)
  • Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa

Competitive Landscape with Key Player:

  • Accenture Public Limited Company
  • Active Platform Limited
  • Arrow Electronics Inc
  • Atos SE
  • Cognizant Technology Solutions Corporation
  • Fujitsu Limited
  • International Business Machines Corporation
  • NTT Data Inc. (Nippon Telegraph and Telephone Corporation)
  • Tech Mahindra Limited
  • Wipro Limited

Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

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