The Cloud Services Brokerage market is anticipated to increase from US$11.46 billion in 2024 to reach US$42.44 billion by 2033, with a CAGR of 15.66% from 2025 to 2033. The Cloud Services Brokerage market growth potential will be on account of an increase in cloud-based services, adoption of AI, big data analytics, IoT, technological advancement, and innovations.
CSBs offer services such as the procurement and integration of a cloud, and managing multiple vendors' clouds. They will help an enterprise make an appropriate choice between cloud solutions, managing workloads between different systems, and an effortless integration of on-premises infrastructure with the cloud. Cloud brokerage also helps organizations optimize their cloud resources, automate processes, and performance monitoring. As it simplifies the adoption and management of the cloud, this is where CSBs can benefit businesses looking to achieve agility, scalability, and cost-effectiveness in running the cloud operations.
2. External Cloud Services Brokerage
2. Private
3. Hybrid
2. Large Enterprise
2. BFSI
3. Retail
4. Healthcare
5. Government
6. Manufacturing
7. Other End-user Industries
2. Key Persons
3. Recent Development & Strategies
4. Product Portfolio
5. Financial Insights
2. Capgemini SE
3. NEC Corporation
4. DXC Technology Company
5. Rightscale Inc.
6. Wipro Limited
7. IBM Corporation
8. NTT Data Inc.
9. Cognizant Technology Solutions Corp.
Global Cloud Services Brokerage Industry Overview
Cloud Services Brokerage (CSB) is a brokerage model designed to facilitate the process of organizations in managing their optimizing cloud services by acting as intermediary between users and multiple cloud service providers. CSBs facilitate the integration, management, and optimization of multiple variety services due to the process of helping businesses understand how to access such multiple options through a single interface. They aggregate the services, customize them, and deliver them according to the specific needs of any organization in the marketplace while working toward improving their service efficiency, reducing costs, and enhancing flexibility.CSBs offer services such as the procurement and integration of a cloud, and managing multiple vendors' clouds. They will help an enterprise make an appropriate choice between cloud solutions, managing workloads between different systems, and an effortless integration of on-premises infrastructure with the cloud. Cloud brokerage also helps organizations optimize their cloud resources, automate processes, and performance monitoring. As it simplifies the adoption and management of the cloud, this is where CSBs can benefit businesses looking to achieve agility, scalability, and cost-effectiveness in running the cloud operations.
Growth Drivers for the Cloud Services Brokerage Market
Improving Adoption of Cloud in Industries
There is a major growth driver for the Cloud Services Brokerage market; this is the increased adoption of cloud computing across several industries. Most businesses when transitioning to the cloud tend to utilize various cloud services from different providers, thus making management tricky. CSBs make it easier by acting as a bridge between organizations and actual cloud implementations, thereby aiding in integration, management, and optimization of their cloud services. Apparently compelled by customers' needs to adopt cloud services with minimal failures, scalability, and flexibility, the demand for CSBs is growing. As businesses seek means to extract maximum value from cloud investments and optimize operations, they would need CSBs to help iron out their entry into it.Growing Demand for Multi-Cloud and Hybrid Cloud Solutions
In the backdrop of business-onboarding in multi-cloud and hybrid cloud environments to avoid vendor lock-in and achieve flexibility, the adoption of Cloud Services Brokerage has gained momentum. CSBs provide organizations with an ability to manage harmoniously multiple cloud environments with such performance being optimal and safe in conformance with all platforms. In this scenario of cloud services being adopted either from public, private, or on-premises by companies, CSBs come with the required tools to aggregate, monitor, and fine-tune diverse infrastructures of clouds. With the complexity that a multi-cloud setup offers, CSBs have become absolutely necessary in dealing with business strategies on effective management and optimization of cloud strategies for a firm.Cost Optimization and Resource Management
Clouds facilitate more services to be moved into the service, meaning firms now must consider how their services are being utilized in this respect. Cloud Services Brokers offer an opportunity for such businesses to optimize and minimize cloud expenses by providing them with tools to track and assist in optimizing cloud usage while only paying for what they need. CSBs allow organizations to monitor the consumption of their cloud services and identify those inefficiencies that would be able to make them take informed decisions on how to optimize resources. Indeed, with centralized management of each and every cloud infrastructure, companies can now control their expenses and utilization of resources and ensure they do not exceed, making them integral for businesses looking to maximize the cost-effectiveness of their cloud infrastructure.Canada Cloud Services Brokerage Market
Hence, the Canadian Cloud Services Brokerage market is growing at a rapid pace as cloud usage continues to increase across different markets and there is a growing demand for multi-cloud and hybrid cloud solutions. As the Canadian companies attempt to optimize their cloud infrastructure, CSBs simplify the management complexity by providing a platform that aggregates various cloud providers onto one single platform. The further needs for cost optimization, resource management, and seamless integration across different cloud environments help support the market. With a focus on scalability, flexibility, and increasing efficiency in operations, the CSB market for Canada is poised to continue growth where it may be a benefit of sectors such as finance, healthcare, and retail. April 2024 marked Telehouse's coming launch of Telehouse Canada, bringing to Canadian businesses the enhanced IT infrastructure and connectivity services needed to power Canadian growth and innovation. France Cloud Services Brokerage MarketFrance CSB market
Increasingly, French organizations are looking for easy and efficient ways to manage these complex, costly, and sometimes exposed cloud environments. CSBs offer critical services around cloud integration, resource optimization, and vendor management-and can greatly help businesses simplify their adoption of the cloud. The growth of demand for security, compliance, and performance monitoring by different cloud platforms compels the market even more. Companies from various domains such as finance, health care, and manufacturing are shifting to the cloud; therefore, their CSB market in France is expanding. China Cloud Services Brokerage MarketChina's Cloud Services Brokerage (CSB) market
With more and more Chinese businesses moving towards multi-cloud and hybrid cloud strategies, the need to efficiently manage multiple cloud environments grows exponentially. CSBs can facilitate streamlined procurements of cloud services, limit resource wastages, and make for easy integrations in Organizations. Cost savings, security and agility- it is now becoming integral for the rapidly growing Chinese digital economy. This is backed by government support for cloud initiatives and expansion in local cloud service providers. South Africa Cloud Services Brokerage MarketSouth Africa cloud services brokerage market
With growing demands for multi-cloud and hybrid cloud solutions, CSBs are highly required to help organizations manage their cloud environments and optimize performance. South African companies use CSBs to have a streamlined integration process with clouds, reduce costs, and use resources more efficiently in multiple platforms. The requirements of security superiority, regulatory compliance, and the need for better performance also fuel the market. With increased adoption of clouds, the demand for CSBs in South Africa will continue to grow massively. Telkom subsidiary BCX launched its Africa Local Public (ALP) Cloud service from two Johannesburg-based data centers last week, in partnership with Alibaba Cloud.Cloud Services Brokerage Company Analysis
The major players in the Cloud Services Brokerage market are Accenture PLC, Capgemini SE, NEC Corporation, DXC Technology Company, Rightscale Inc., Wipro Limited, IBM Corporation, NTT Data Inc., and Cognizant Technology Solutions Corp.Platform- Industry is divided into 2 viewpoints:
1. Internal Cloud Services Brokerage2. External Cloud Services Brokerage
Deployment Model- Industry is divided into 3 viewpoints:
1. Public2. Private
3. Hybrid
Enterprise- Industry is divided into 2 viewpoints:
1. Small and Medium Enterprise (SME)2. Large Enterprise
End User- Industry is divided into 7 viewpoints:
1. IT and Telecom2. BFSI
3. Retail
4. Healthcare
5. Government
6. Manufacturing
7. Other End-user Industries
Countries- Industry is divided into 25 viewpoints:
North America
- United States
- Canada
Europe
- France
- Germany
- Italy
- Spain
- United Kingdom
- Belgium
- Netherlands
- Turkey
Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Thailand
- Malaysia
- Indonesia
- New Zealand
Latin America
- Brazil
- Mexico
- Argentina
Middle East & Africa
- South Africa
- Saudi Arabia
- United Arab Emirates
All companies have been covered with 5 Viewpoints
1. Overview2. Key Persons
3. Recent Development & Strategies
4. Product Portfolio
5. Financial Insights
Company Analysis
1. Accenture PLC2. Capgemini SE
3. NEC Corporation
4. DXC Technology Company
5. Rightscale Inc.
6. Wipro Limited
7. IBM Corporation
8. NTT Data Inc.
9. Cognizant Technology Solutions Corp.
Table of Contents
1. Introduction2. Research & Methodology3. Executive Summary5. Global Cloud Services Brokerage Market
4. Market Dynamics
6. Market Share Analysis
7. Platform
8. Deployment Model
9. Enterprise
10. End User
11. Country
12. Porter’s Five Analysis
13. SWOT Analysis
14. Company Analysis
Companies Mentioned
- Accenture PLC
- Capgemini SE
- NEC Corporation
- DXC Technology Company
- Rightscale Inc.
- Wipro Limited
- IBM Corporation
- NTT Data Inc.
- Cognizant Technology Solutions Corp.
Methodology
In this report, for analyzing the future trends for the studied market during the forecast period, the publisher has incorporated rigorous statistical and econometric methods, further scrutinized by secondary, primary sources and by in-house experts, supported through their extensive data intelligence repository. The market is studied holistically from both demand and supply-side perspectives. This is carried out to analyze both end-user and producer behavior patterns, in the review period, which affects price, demand and consumption trends. As the study demands to analyze the long-term nature of the market, the identification of factors influencing the market is based on the fundamentality of the study market.
Through secondary and primary researches, which largely include interviews with industry participants, reliable statistics, and regional intelligence, are identified and are transformed to quantitative data through data extraction, and further applied for inferential purposes. The publisher's in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of their recommendations and advice.
Primary Research
The primary purpose of this phase is to extract qualitative information regarding the market from the key industry leaders. The primary research efforts include reaching out to participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions. The publisher also established professional corporate relations with various companies that allow us greater flexibility for reaching out to industry participants and commentators for interviews and discussions, fulfilling the following functions:
- Validates and improves the data quality and strengthens research proceeds
- Further develop the analyst team’s market understanding and expertise
- Supplies authentic information about market size, share, growth, and forecast
The researcher's primary research interview and discussion panels are typically composed of the most experienced industry members. These participants include, however, are not limited to:
- Chief executives and VPs of leading corporations specific to the industry
- Product and sales managers or country heads; channel partners and top level distributors; banking, investment, and valuation experts
- Key opinion leaders (KOLs)
Secondary Research
The publisher refers to a broad array of industry sources for their secondary research, which typically includes, however, is not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Patent and regulatory databases for understanding of technical & legal developments
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic new articles, webcasts, and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecasts
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 120 |
| Published | November 2024 |
| Forecast Period | 2024 - 2033 |
| Estimated Market Value ( USD | $ 11.46 Billion |
| Forecasted Market Value ( USD | $ 42.44 Billion |
| Compound Annual Growth Rate | 15.6% |
| Regions Covered | Global |
| No. of Companies Mentioned | 9 |
