The global cloud services brokerage (CSB) market was valued at approximately USD 8.9 billion in 2023 and is expected to grow at a CAGR of 17.3% from 2024 to 2032, reaching around USD 37.42 billion by 2032. The increasing complexity of multi-cloud environments, the growing demand for cost-optimization, and the rising emphasis on cloud security and compliance are the primary drivers of this market. Businesses across various industries are rapidly adopting hybrid and multi-cloud solutions, necessitating intermediary cloud service brokers to help them manage, integrate, and optimize cloud usage effectively.
The expansion of digital transformation initiatives and the rise of cloud-native technologies have fueled the demand for cloud brokerage platforms that facilitate seamless integration between public, private, and hybrid cloud infrastructures. As companies continue to transition from on-premises to cloud-based infrastructures, the need for cloud cost management, automation, governance, and orchestration tools has surged. Enterprises are increasingly relying on CSB providers to maximize cloud investments, improve IT agility, and streamline operations across diverse cloud service providers (CSPs).
Furthermore, security and compliance concerns have propelled the demand for specialized cloud security services. With data breaches and regulatory requirements intensifying, organizations seek secure cloud service brokerage solutions to ensure robust governance, access control, and compliance management. The rising adoption of AI and automation-driven cloud platforms is further accelerating market expansion by enabling real-time workload optimization, cost forecasting, and risk mitigation strategies.
Regionally, North America dominates the market due to the early adoption of cloud computing, strong IT infrastructure, and the presence of leading CSB providers. However, Asia-Pacific (APAC) is expected to register the fastest growth rate, driven by rapid cloud adoption, increasing digitalization, and government-led cloud initiatives in countries such as India, China, and Japan.
Major Market Players Included in This Report Are:
• Accenture
• ActivePlatform
• Arrow Electronics, Inc.
• Atos SE
• Cognizant
• Fujitsu
• IBM
• NTT DATA Group Corporation
• Tech Mahindra Limited
• Wipro
• DXC Technology
• Capgemini
• CloudBolt Software
• Jamcracker
• CloudFX
The Detailed Segments and Sub-Segment of the Market Are Explained Below:
By Service
• Integration & Support
• Automation & Orchestration
• Billing & Provisioning
• Migration & Customization
• Security & Compliance
• Others
By Platform
• Internal Brokerage Enablement
• External Brokerage Enablement
By Deployment
• Private
• Public
• Hybrid
By Enterprise Size
• Large Enterprises
• Small and Medium-sized Enterprises (SMEs)
By End-Use
• IT & Telecom
• BFSI (Banking, Financial Services, and Insurance)
• Government & Public Sector
• Healthcare
• Consumer Goods & Retail
• Manufacturing
• Energy & Utilities
• Others
By Region
• North America
U.S.
Canada
Mexico
• Europe
UK
Germany
France
Italy
Spain
• Asia Pacific
China
Japan
India
South Korea
Australia
• Latin America
Brazil
• Middle East & Africa
Saudi Arabia
South Africa
UAE
Years Considered for the Study Are as Follows:
• Historical Year – 2022
• Base Year – 2023
• Forecast Period – 2024 to 2032
Key Takeaways:
✔ Market estimates and forecasts for 10 years from 2022 to 2032
✔ Annualized revenues and regional-level analysis for each market segment
✔ Detailed analysis of geographical landscape with country-level insights
✔ Competitive landscape with key player profiles and market share analysis
✔ In-depth study of business strategies and recommendations for future market expansion
✔ Comprehensive supply-side and demand-side analysis
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