Global Cloud Services Brokerage (CSB) Market to Reach US$25.7 Billion by 2030
The global market for Cloud Services Brokerage (CSB) estimated at US$10.2 Billion in the year 2024, is expected to reach US$25.7 Billion by 2030, growing at a CAGR of 16.6% over the analysis period 2024-2030. Integration & Support, one of the segments analyzed in the report, is expected to record a 16.4% CAGR and reach US$7.6 Billion by the end of the analysis period. Growth in the Migration & Customization segment is estimated at 17.0% CAGR over the analysis period.
The U.S. Market is Estimated at US$2.8 Billion While China is Forecast to Grow at 15.3% CAGR
The Cloud Services Brokerage (CSB) market in the U.S. is estimated at US$2.8 Billion in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$3.8 Billion by the year 2030 trailing a CAGR of 15.3% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 15.0% and 14.1% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 11.8% CAGR.
Global Cloud Services Brokerage (CSB) Market - Key Trends and Drivers Summarized
Cloud Service Brokerages (CSB) have become pivotal in navigating the complexities of multi-cloud environments, helping organizations efficiently manage and integrate various cloud services from different providers. As companies increasingly adopt multi-cloud strategies to leverage distinct advantages from platforms like AWS and Microsoft Azure, they encounter challenges such as "shadow IT," security vulnerabilities, and uncontrolled costs due to decentralized access and management of cloud resources. CSBs address these issues by acting as intermediaries, optimizing the use of cloud services by aggregating, integrating, and customizing them to meet specific organizational needs. By simplifying billing and vendor management, CSBs allow businesses to maintain operational efficiency and ensure IT capabilities align with departmental demands, enhancing overall business agility and responsiveness to market changes.
The role of CSBs is critical in maximizing the benefits of cloud computing while minimizing risks and costs. They facilitate better risk management by allowing sensitive data to remain on-premises or in a private cloud, using public clouds for less critical data, which is crucial for adhering to compliance regulations in sectors like healthcare and finance. Additionally, CSBs enhance operational efficiency by offering unified management consoles for various cloud services, which helps eliminate redundancies and optimize resource utilization. Moreover, their deep knowledge of cloud environments aids businesses in selecting appropriate services, negotiating favorable terms, and managing costs effectively. This comprehensive approach not only safeguards against security breaches but also aligns IT resources with strategic business goals, making IT departments accelerators of business growth rather than just support entities.
Several growth drivers are catalyzing the adoption of CSB services, including the increasing complexity of cloud environments and the need for cost efficiency, security, compliance, and customized cloud solutions. As organizations strive to enhance their digital transformation initiatives, CSBs play an essential role in making cloud services more accessible and manageable, thereby supporting innovative business models and new digital strategies. The integration capabilities of CSBs, particularly in blending cloud services with legacy systems, ensure smooth transitions and operational continuity. Their expertise and advisory services are indispensable for organizations lacking in-house cloud expertise, helping them navigate the ever-evolving technological landscape and integrate cutting-edge solutions like AI and machine learning into their operations. Moreover, the globalization of business and complex regulatory environments further amplify the need for CSBs, as they help manage cloud services across different regions, ensuring compliance with local data laws and optimizing performance. This comprehensive support by CSBs enables businesses to focus on core functions and strategic initiatives, enhancing operational efficiency and fostering business agility in a competitive marketplace.
SCOPE OF STUDY:TARIFF IMPACT FACTOR
Our new release incorporates impact of tariffs on geographical markets as we predict a shift in competitiveness of companies based on HQ country, manufacturing base, exports and imports (finished goods and OEM). This intricate and multifaceted market reality will impact competitors by artificially increasing the COGS, reducing profitability, reconfiguring supply chains, amongst other micro and macro market dynamics.
We are diligently following expert opinions of leading Chief Economists (14,949), Think Tanks (62), Trade & Industry bodies (171) worldwide, as they assess impact and address new market realities for their ecosystems. Experts and economists from every major country are tracked for their opinions on tariffs and how they will impact their countries.
We expect this chaos to play out over the next 2-3 months and a new world order is established with more clarity. We are tracking these developments on a real time basis.
As we release this report, U.S. Trade Representatives are pushing their counterparts in 183 countries for an early closure to bilateral tariff negotiations. Most of the major trading partners also have initiated trade agreements with other key trading nations, outside of those in the works with the United States. We are tracking such secondary fallouts as supply chains shift.
To our valued clients, we say, we have your back. We will present a simplified market reassessment by incorporating these changes!
APRIL 2025: NEGOTIATION PHASE
Our April release addresses the impact of tariffs on the overall global market and presents market adjustments by geography. Our trajectories are based on historic data and evolving market impacting factors.
JULY 2025 FINAL TARIFF RESET
Complimentary Update: Our clients will also receive a complimentary update in July after a final reset is announced between nations. The final updated version incorporates clearly defined Tariff Impact Analyses.
Reciprocal and Bilateral Trade & Tariff Impact Analyses:
USA
CHINA
MEXICO
CANADA
EU
JAPAN
INDIA
176 OTHER COUNTRIES.
Leading Economists - Our knowledge base tracks 14,949 economists including a select group of most influential Chief Economists of nations, think tanks, trade and industry bodies, big enterprises, and domain experts who are sharing views on the fallout of this unprecedented paradigm shift in the global econometric landscape. Most of our 16,491+ reports have incorporated this two-stage release schedule based on milestones.
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