Polaris Market Research has published a detailed report on the global Cloud Services Brokerage Market, offering valuable insights for stakeholders. The report covers key aspects, including global market value, competitor market share, and regional distributions. It highlights current market trends and identifies future growth opportunities, providing essential data to help businesses navigate the evolving market landscape. This comprehensive analysis equips stakeholders with actionable information to make informed decisions and stay competitive. By addressing market dynamics, challenges, and emerging opportunities, the report serves as a critical resource for understanding the complexities of the Cloud Services Brokerage market and planning strategic actions effectively.
Global Cloud Services Brokerage Market size and share is currently valued at USD 10.95 billion in 2024 and is anticipated to generate an estimated revenue of USD 56.40 billion by 2034, according to the latest study by Polaris Market Research. Besides, the report notes that the market exhibits a robust 17.9% Compound Annual Growth Rate (CAGR) over the forecasted timeframe, 2025 – 2034
Key Market Drivers:
- Growing Adoption of Multi-Cloud Environments: Organizations increasingly rely on multiple cloud providers, driving demand for CSB solutions to streamline cloud management and integration.
- Complexity in Cloud Service Management: The need for efficient cost optimization, governance, and compliance in managing cloud services is propelling CSB market growth.
- Increasing Focus on IT Agility and Flexibility: CSB solutions enable businesses to quickly adapt to changing needs by offering customizable and scalable cloud service options.
- Rising Demand for Cloud Cost Optimization: Businesses are leveraging CSB platforms to monitor and optimize their cloud spending, ensuring efficient resource utilization.
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Key Companies in Cloud Services Brokerage Market:
- Accenture
- TCS
- IBM
- Broadcom
- Arrow Electronics
- Fujitsu
- DXC Technology
- Wipro
- Eviden
- AWS
- Infosys
- NTT Data
- Tech Mahindra
- BMC Software
- Flexera
- DigitalOcean Holdings, Inc.
Cloud Services Brokerage Market Segmentation:
Polaris Market Research has segmented the cloud services brokerage market report based on service type (integration, procurement, governance), cloud service model (PaaS, IaaS, SaaS), organization size (SMEs, large enterprises), and vertical (IT & telecom, BFSI, healthcare, retail, and others). This segmentation highlights the diverse applications of CSB solutions across industries and business needs.
Cloud Services Brokerage Market, by Service Type Outlook (Revenue – USD billion, 2019 – 2032)
- Aggregation
- Service Intermediation
- Security Management
- Performance & Usage Reporting
- Service Arbitrage
- Service Catalogue Management
- Marketplace Integration
- Enablement Services
Cloud Services Brokerage Market, by Cloud Service Model Outlook (Revenue, USD Billion, 2020–2034)
- PaaS (Platform as a Service)
- IaaS (Infrastructure as a Service)
- SaaS (Software as a Service)
Cloud Services Brokerage Market, by Organization Size Outlook (Revenue, USD Billion, 2020–2034)
- Large Enterprises
- Medium Enterprises
- Small Enterprises
Cloud Services Brokerage Market, by Vertical Outlook (Revenue, USD Billion, 2020–2034)
- IT and Telecom
- BFSI
- Retail & Consumer Goods
- Energies & Utilities
- Media & Entertainment
- Healthcare & Life Sciences
- Government & Public Sector
- Manufacturing
- Other Verticals
Cloud Services Brokerage Industry Developments:
The Cloud Services Brokerage market report offers an in-depth analysis of market dynamics, including trends, sizes, patterns, and growth factors. It highlights critical developments and emerging trends to help stakeholders refine their strategies and strengthen market positioning. The report concludes with a detailed summary of key findings and the research methodologies employed. This comprehensive analysis serves as a valuable resource for businesses, investors, and stakeholders, enabling them to make informed decisions and drive sustainable growth.