The North America Cloud Services Brokerage Market is expected to witness market growth of 16.1% CAGR during the forecast period (2024-2031).
The US market dominated the North America Cloud Services Brokerage Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $8.58 billion by 2031. The Canada market is experiencing a CAGR of 18.5% during 2024-2031. Additionally, the Mexico market is expected to exhibit a CAGR of 17.6% during 2024-2031.
This market has emerged as a critical enabler for organizations looking to optimize and manage their cloud ecosystems. As enterprises increasingly rely on cloud computing to drive digital transformation, they face growing challenges in selecting, integrating, and managing multiple cloud services.
The increasing complexity of cloud environments and a surge in data-driven decision-making have led organizations to seek comprehensive solutions beyond simple cloud management. CSBs provide a unified platform for managing diverse cloud services, offering automated provisioning, cost tracking, performance monitoring, and security enforcement features.
The retail industry generates USD 76 billion in revenue in Mexico, with over 47,000 retail stores, making it a key contributor to the country’s economy. With large retailers like Walmart de Mexico dominating the market, there is a significant shift toward cloud-based retail management systems, omnichannel commerce, and AI-driven analytics. As retail businesses scale their cloud operations for inventory management, customer data analytics, and e-commerce, the demand for Cloud Services Brokerage is growing. In Canada, the ICT sector is thriving, with over 43,200 companies, primarily in the software and computer services industries. The rapid expansion of cloud-based solutions, AI-driven platforms, and SaaS enterprises is driving the need for effective cloud service management. As Canadian ICT companies adopt hybrid and multi-cloud infrastructures, Cloud Service Brokers are crucial in integrating cloud platforms, ensuring regulatory compliance, and automating cloud resource allocation. Overall, the expanding retail sector in Mexico and the booming ICT industry in Canada are accelerating the adoption of cloud services brokerage.
The US market dominated the North America Cloud Services Brokerage Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $8.58 billion by 2031. The Canada market is experiencing a CAGR of 18.5% during 2024-2031. Additionally, the Mexico market is expected to exhibit a CAGR of 17.6% during 2024-2031.
This market has emerged as a critical enabler for organizations looking to optimize and manage their cloud ecosystems. As enterprises increasingly rely on cloud computing to drive digital transformation, they face growing challenges in selecting, integrating, and managing multiple cloud services.
The increasing complexity of cloud environments and a surge in data-driven decision-making have led organizations to seek comprehensive solutions beyond simple cloud management. CSBs provide a unified platform for managing diverse cloud services, offering automated provisioning, cost tracking, performance monitoring, and security enforcement features.
The retail industry generates USD 76 billion in revenue in Mexico, with over 47,000 retail stores, making it a key contributor to the country’s economy. With large retailers like Walmart de Mexico dominating the market, there is a significant shift toward cloud-based retail management systems, omnichannel commerce, and AI-driven analytics. As retail businesses scale their cloud operations for inventory management, customer data analytics, and e-commerce, the demand for Cloud Services Brokerage is growing. In Canada, the ICT sector is thriving, with over 43,200 companies, primarily in the software and computer services industries. The rapid expansion of cloud-based solutions, AI-driven platforms, and SaaS enterprises is driving the need for effective cloud service management. As Canadian ICT companies adopt hybrid and multi-cloud infrastructures, Cloud Service Brokers are crucial in integrating cloud platforms, ensuring regulatory compliance, and automating cloud resource allocation. Overall, the expanding retail sector in Mexico and the booming ICT industry in Canada are accelerating the adoption of cloud services brokerage.
List of Key Companies Profiled
- Accenture PLC
- ActivePlatform Limited
- Infosys Limited
- Atos SE
- Cognizant Technology Solutions Corporation
- Fujitsu Limited
- IBM Corporation
- NTT Data Corporation
- Broadcom, Inc.
- Wipro Limited
Market Report Segmentation
By Platform
- Internal Brokerage Enablement
- External Brokerage Enablement
By Service
- Integration & Support
- Automation & Orchestration
- Billing & Provisioning
- Migration & Customization
- Security & Compliance
- Other Service
By Deployment
- Public
- Hybrid
- Private
By Enterprise Size
- Large Enterprises
- Small and Medium-sized Enterprises
By End use
- IT & Telecommunications
- BFSI
- Government & Public Sector
- Healthcare
- Consumer Goods & Retail
- Manufacturing
- Energy & Utilities
- Other End Use
By Country
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. Competition Analysis - Global
Chapter 5. North America Cloud Services Brokerage Market by Platform
Chapter 6. North America Cloud Services Brokerage Market by Service
Chapter 7. North America Cloud Services Brokerage Market by Deployment
Chapter 8. North America Cloud Services Brokerage Market by Enterprise Size
Chapter 9. North America Cloud Services Brokerage Market by End use
Chapter 10. North America Cloud Services Brokerage Market by Country
Chapter 11. Company Profiles
Companies Mentioned
- Accenture PLC
- ActivePlatform Limited
- Infosys Limited
- Atos SE
- Cognizant Technology Solutions Corporation
- Fujitsu Limited
- IBM Corporation
- NTT Data Corporation
- Broadcom, Inc.
- Wipro Limited
Methodology
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