The global cloud services brokerage (CSB) market, valued at $5.59 billion in 2020, is projected to reach $19.58 billion by 2028, growing at a robust compound annual growth rate (CAGR) of 16.78% from 2021 to 2028. This significant growth is driven by several macro and microeconomic factors. The widespread adoption of cloud computing solutions across various industries is a major driver of the CSB market. Organizations are increasingly leveraging cloud services for their scalability, flexibility, and cost-effectiveness, fueling the demand for brokerage services that simplify the management and integration of multiple cloud platforms. As businesses adopt multiple cloud services from different providers, the complexity of managing these diverse environments increases. Cloud services brokers help organizations streamline their cloud operations, manage service agreements, and optimize resource usage, driving the demand for their solutions.
The latest research report by Evolve Business Intelligence explores the various factors influencing the global market. It includes an analysis of the current market size, forecasts for key segments and regions, and the driving forces behind market growth. The report examines the potential impacts of key trends on business strategies and provides a SWOT analysis of critical sectors for each major competitor and customer group. This valuable data highlights the conglomerates likely to impact the industry, crucial for any company planning to invest strategically over the next five years. These insights complement our initial quantitative study, aiding in new investments and strategic planning to mitigate threats in existing sectors.
Segments covered
By service type(Integration And Supportt, Automation And Orchestration, Others)
By platform type(Internal Brokerage Enablement, External Brokerage Enablement)
By verticals(Banking, Financial Services, and Insurance, Telecommunications, IT, Others)
Key players
Accenture
IBM
VMware
Jamcracker
ActivePlatform
Arrow Electronics
Cloudmore
Wipro
DXC Technology
iPortalis
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