Polaris Market Research has released an in-depth report on the global Cloud Services Brokerage Market, delivering valuable insights for stakeholders. The report provides a comprehensive analysis of key aspects such as global market valuation, competitor market share, and regional distribution trends. It highlights current market dynamics and uncovers future growth opportunities, offering essential data to help businesses adapt to the evolving market landscape. By addressing industry trends, challenges, and emerging opportunities, this report serves as an indispensable resource for understanding the complexities of the Cloud Services Brokerage Market and devising effective strategic plans to remain competitive.
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:
- Increasing Multi-Cloud Adoption: The growing trend of using multiple cloud platforms for flexibility and redundancy drives the demand for cloud service brokerage solutions.
- Rising Need for Cost Optimization: Businesses increasingly rely on CSB platforms to manage and optimize cloud expenses effectively.
- Complexity in Cloud Management: The need for unified tools to manage hybrid and multi-cloud environments boosts the CSB market growth.
- Advancements in Cloud Automation: Enhanced automation capabilities in CSB solutions enable efficient provisioning, governance, and compliance across diverse cloud ecosystems.
Future Outlook:
The Cloud Services Brokerage market is expected to expand significantly as enterprises prioritize efficient cloud management and integration. With the rise of hybrid and multi-cloud environments, CSB platforms will become indispensable in addressing challenges related to interoperability, governance, and security. Furthermore, advancements in AI and automation will drive innovation in service orchestration and personalized recommendations. Emerging markets and small and medium enterprises (SMEs) will also fuel demand, leveraging CSB to streamline their cloud journeys.
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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 segments the CSB market based on service type, cloud service model (PaaS, IaaS, SaaS), organization size, and vertical. These segments highlight the tailored approaches necessary to cater to diverse industries such as IT, healthcare, BFSI, and manufacturing, ensuring strategic market insights and opportunities.
Cloud Services Brokerage Market, by Service Type Outlook (Revenue – USD billion, 2019 – 2032)
- Aggregation
- Multi-cloud Management
- Data Integration
- Automation & Orchestration
- 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.
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