Press Release

Cloud Services Brokerage Market to Witness a CAGR of 15.42% during 2021 to 2027, Globally – Axiom MRC


Wilmington, May 13, 2021: Axiom Market Research & Consulting™ added a report on global cloud services brokerage market which includes study on service type, organization size, deployment type, platform, and verticals across various countries of key regions across the globe. The global cloud services brokerage market was projected to grow at a CAGR of 15.42% for the forecast period 2021 to 2027. The global market is estimated and forecasted in terms of revenue (USD Million) generated by the cloud services brokerage market.

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The report analyses the cloud services brokerage market based on service type, organization size, deployment type, platform, verticals, and geography. Cloud services brokerage service type includes integration and support, automation and orchestration, billing and provisioning, migration and customization, security and compliance, and other. Based on organization size, the market is segmented into small and medium-sized enterprises and large enterprises. Cloud services brokerage deployment type includes public cloud and private cloud. Based on platform, the market is bifurcated into internal brokerage enablement and external brokerage enablement. The major verticals of the market include BFSI, telecommunications, IT and ITES, government and public sector, retail and consumer goods, manufacturing, energy and utilities, media and entertainment, healthcare and life sciences, and others.

The key companies in the Cloud Services Brokerage market are IBM, VMware, Jamcracker, ActivePlatform, Arrow Electronics, Cloudmore, Wipro, DXC Technology, iPortalis, Cognizant, InContinuum, Flexera, BitTitan, OpenText, CloudFX, Proximitum, Eshgro, NEC, and AWS.

Cloud Services Brokerage Market Regional Trends

The Asia-Pacific region is projected to experience the fastest growth in the forecast years, due to the widespread adoption of CSBs in China, and India. APAC is made up of countries with a complex ecosystem of startups, public companies, small and medium-sized enterprises and large multinational companies using and developing a range of valuable information and communication technology (ICT) solutions.

Cloud Services Brokerage Market Segmental Highlights

  • Cloud brokers help organizations integrate external cloud services with their core back-end systems.
  • Large enterprises using cloud brokerage services and supporting solutions are able to provide new services to their customers and open their horizons to enter promising markets.
  • In public cloud deployment model, various resources, such as applications, storage, virtual servers, and hardware, are available to the enterprise’s customers on the internet.
  • The external brokerage segment is expected to show significant growth in the forecast period, driven by the rapidly growing demand for CSBs to integrate and manage multiple vendors and resellers

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Research Objectives of Cloud Services Brokerage Market Report:

  • Analyzing the outlook of the market with the recent trends and Porter’s five forces analysis.
  • Market dynamics, which essentially consider the factors that are impelling the present market scenario, along with growth prospects of the market over the forecast period.
  • Market segmentation analysis, including qualitative and quantitative research, incorporating the impact of economic and non-economic aspects.
  • Country-level analysis, integrating the demand and supply forces that are influencing the growth of the cloud services brokerage market.
  • Competitive landscape involving the market share of major players, along with the key strategies adopted for development over the past five years.
  • Comprehensive company profiles, covering the product offerings, key financial information, recent developments and strategies employed by the major market players

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