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Global Cloud Services Brokerage Market: By Platform: Internal Brokerage Enablement, External Brokerage Enablement; By Deployment Model; By Organisation Size; By Vertical; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics: SWOT Analysis; Competitive Landscape; Industry Events and Developments

Global Cloud Services Brokerage Market Outlook

The global cloud services brokerage market attained a value of about USD 6.1 billion in 2020. The market is further expected to grow in the forecast period of 2022-2027 at a CAGR of 17.2% to reach nearly USD 15.8 billion by 2026.

 

Global Cloud Services Brokerage Market

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The Asia Pacific to Significantly Contribute to the Growth of the Cloud Services Brokerage Industry

Due to the widespread adoption of cloud services brokerage in China, India, Singapore, Australia, and New Zealand, the Asia Pacific market is expected to grow at the highest rate in the next few years. Factors such as the rising urbanisation, technical advances, and government backing for the digital economy are all boosting the regional growth. Several businesses in the region have adopted cloud-based methods as a result of rapid developments in telecommunications, cloud computing, and IoT. The region is also home to the world's fastest-growing data centre market. As a result, this region is anticipated to expand rapidly throughout the forecast period. Thereby significantly contributing to the growth of the global market.

 

Rising Demand for the Public Cloud to Augment the Global Market for Cloud Services Brokerage

The public cloud is expected to share a significant market percentage as it is easily available to anyone who wants to purchase or use them over the public internet. The market is expected to further grow over the forecast period since companies require it to meet their scaling requirements while also providing a pay-per-use pricing approach and ease of setup. The public cloud is expected to assist in data loss prevention and easy and quick disaster recovery, resulting in the market growth of cloud services brokerage.

 

Cloud Services Brokerage Industry: Definition and Segmentation

Cloud service brokerage is a business concept that works as a middleman between cloud providers and cloud users, assisting businesses in selecting the services and solutions that best meet their needs. A client may handle numerous cloud service provider bills for different platforms such as infrastructure-as-a-service (IaaS), platform-as-a-service (PaaS), and software-as-a-service (SaaS) by utilising an effective CSB technology (SaaS).

 

Global Cloud Services Brokerage Market by Segment

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By platform, the industry is segmented into:

  • Internal Brokerage Enablement
  • External Brokerage Enablement

By deployment model, the industry is divided into:

  • Public
  • Private
  • Hybrid

On the basis of organisation size, the industry is segmented into:

  • Large Enterprises
  • Small and Medium Sized Enterprises

By vertical, the industry is categorised into:

  • Banking, Financial Services, and Insurance
  • IT and Telecom
  • Government and Public Sector
  • Retail and Consumer Goods
  • Manufacturing
  • Healthcare and Life Sciences
  • Energy and Utilities
  • Others

The EMR report looks into the regional markets of the product like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Global Cloud Services Brokerage Market by Region

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Fear of Vendor Lock-In to Bolster the Growth of the Cloud Services Brokerage Industry

The market for cloud service brokerage is being driven by the negative perception of cloud service, since the fear of vendor lock-in is quite prevalent globally. The introduction of cloud service brokerage has alleviated such perception of cloud services, thereby simultaneously boosting the demand for cloud services and cloud services brokerage. Furthermore, the market is expected to expand over the forecast period as more cloud services, such as hybrid IT and multi-cloud management, are being used to improve data accessibility from anywhere in the world.

The expansion of the cloud service brokerage industry is also fueled by the rising usage of Platform-as-a-Service (PaaS) across various organisations to create and test applications. Furthermore, increased expenditures for the improvement and deployment of sophisticated telecom network infrastructure, as well as global internet penetration, are expected to create significant growth possibilities for the market. In addition, the market is expected to thrive over the forecast period due to the rising usage of cloud services brokerage in small scale companies.

 

Key Industry Players in the Global Cloud Services Brokerage Market

The report presents a detailed analysis of the following key players in the global cloud services brokerage market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • IBM Corporation
  • Oracle
  • Microsoft Corporation
  • Accenture PLC
  • VMware
  • Others

The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

 

REPORT FEATURES DETAILS
Base Year 2020
Historical Period 2017-2021
Forecast Period 2022-2027
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Platform, Deployment Model, Organisation Size, Vertical, Region
Breakup by Platform Internal Brokerage Enablement, External Brokerage Enablement
Breakup by Deployment Model Public, Private, Hybrid
Breakup by Organisation Size Large Enterprises, Small and Medium Sized Enterprises
Breakup by Vertical Banking, Financial Services, and Insurance, IT and Telecom, Government and Public Sector, Retail and Consumer Goods, Manufacturing, Healthcare and Life Sciences, Energy and Utilities, Others
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered IBM Corporation, Oracle, Microsoft Corporation, Accenture PLC, VMware, Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Cloud Services Brokerage Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Cloud Services Brokerage Historical Market (2017-2021) 
    8.3    Global Cloud Services Brokerage Market Forecast (2022-2027)
    8.4    Global Cloud Services Brokerage Market by Platform
        8.4.1    Internal Brokerage Enablement
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2017-2021)
            8.4.1.3    Forecast Trend (2022-2027)
        8.4.2    External Brokerage Enablement
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2017-2021)
            8.4.2.3    Forecast Trend (2022-2027)
    8.5    Global Cloud Services Brokerage Market by Deployment Model
        8.5.1    Public
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2017-2021)
            8.5.1.3    Forecast Trend (2022-2027)
        8.5.2    Private
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2017-2021)
            8.5.2.3    Forecast Trend (2022-2027)
        8.5.3    Hybrid
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2017-2021)
            8.5.3.3    Forecast Trend (2022-2027)
    8.6    Global Cloud Services Brokerage Market by Organisation Size
        8.6.1    Large Enterprises
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2017-2021)
            8.6.1.3    Forecast Trend (2022-2027)
        8.6.2    Small and Medium Sized Enterprises
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2017-2021)
            8.6.2.3    Forecast Trend (2022-2027)
    8.7    Global Cloud Services Brokerage Market by Vertical
        8.7.1    Banking, Financial Services, and Insurance
            8.7.1.1    Market Share
            8.7.1.2    Historical Trend (2017-2021)
            8.7.1.3    Forecast Trend (2022-2027)
        8.7.2    IT and Telecom
            8.7.2.1    Market Share
            8.7.2.2    Historical Trend (2017-2021)
            8.7.2.3    Forecast Trend (2022-2027)
        8.7.3    Government and Public Sector
            8.7.3.1    Market Share
            8.7.3.2    Historical Trend (2017-2021)
            8.7.3.3    Forecast Trend (2022-2027)
        8.7.4    Retail and Consumer Goods
            8.7.4.1    Market Share
            8.7.4.2    Historical Trend (2017-2021)
            8.7.4.3    Forecast Trend (2022-2027)
        8.7.5    Manufacturing
            8.7.5.1    Market Share
            8.7.5.2    Historical Trend (2017-2021)
            8.7.5.3    Forecast Trend (2022-2027)
        8.7.6    Healthcare and Life Sciences
            8.7.6.1    Market Share
            8.7.6.2    Historical Trend (2017-2021)
            8.7.6.3    Forecast Trend (2022-2027)
        8.7.7    Energy and Utilities
            8.7.7.1    Market Share
            8.7.7.2    Historical Trend (2017-2021)
            8.7.7.3    Forecast Trend (2022-2027)
        8.7.8    Others
    8.8    Global Cloud Services Brokerage Market by Region
        8.8.1    Market Share
            8.8.1.1    North America
            8.8.1.2    Europe
            8.8.1.3    Asia Pacific
            8.8.1.4    Latin America
            8.8.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2017-2021)
        9.1.2    Forecast Trend (2022-2027)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2017-2021)
        9.2.2    Forecast Trend (2022-2027)
        9.2.3    Breakup by Country
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2017-2021)
        9.3.2    Forecast Trend (2022-2027)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2017-2021)
        9.4.2    Forecast Trend (2022-2027)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2017-2021)
        9.5.2    Forecast Trend (2022-2027)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    Key Indicators for Demand
    10.4    Key Indicators for Price
11    Competitive Landscape
    11.1    Market Structure
    11.2    Company Profiles
        11.2.1    IBM Corporation 
            11.2.1.1    Company Overview
            11.2.1.2    Product Portfolio
            11.2.1.3    Demographic Reach and Achievements
            11.2.1.4    Certifications
        11.2.2    Oracle
            11.2.2.1    Company Overview
            11.2.2.2    Product Portfolio
            11.2.2.3    Demographic Reach and Achievements
            11.2.2.4    Certifications
        11.2.3    Microsoft Corporation
            11.2.3.1    Company Overview
            11.2.3.2    Product Portfolio
            11.2.3.3    Demographic Reach and Achievements
            11.2.3.4    Certifications
        11.2.4    Accenture PLC
            11.2.4.1    Company Overview
            11.2.4.2    Product Portfolio
            11.2.4.3    Demographic Reach and Achievements
            11.2.4.4    Certifications
        11.2.5    VMware
            11.2.5.1    Company Overview
            11.2.5.2    Product Portfolio
            11.2.5.3    Demographic Reach and Achievements
            11.2.5.4    Certifications
        11.2.6    Others
12    Industry Events and Developments

 

Additional Customisations Available

1    Manufacturing Process
    1.1    Overview
    1.2    Detailed Process Flow
    1.3    Operation Involved
2    Project Requirement and Cost Analysis
    2.1    Land, Location and Site Development
    2.2    Construction
    2.3    Plant Machinery
    2.4    Cost of Raw Material
    2.5    Packaging
    2.6    Transportation
    2.7    Utilities
    2.8    Manpower
    2.9    Other Capital Investment

 

List of Key Figures and Tables

1.    Global Cloud Services Brokerage Market: Key Industry Highlights, 2016 and 2026
2.    Global Cloud Services Brokerage Historical Market: Breakup by Platform (USD Million), 2017-2021
3.    Global Cloud Services Brokerage Market Forecast: Breakup by Platform (USD Million), 2022-2027
4.    Global Cloud Services Brokerage Historical Market: Breakup by Deployment Type (USD Million), 2017-2021
5.    Global Cloud Services Brokerage Market Forecast: Breakup by Deployment Type (USD Million), 2022-2027
6.    Global Cloud Services Brokerage Historical Market: Breakup by Organisation Size (USD Million), 2017-2021
7.    Global Cloud Services Brokerage Market Forecast: Breakup by Organisation Size (USD Million), 2022-2027
8.    Global Cloud Services Brokerage Historical Market: Breakup by Vertical (USD Million), 2017-2021
9.    Global Cloud Services Brokerage Market Forecast: Breakup by Vertical (USD Million), 2022-2027
10.    Global Cloud Services Brokerage Historical Market: Breakup by Region (USD Million), 2017-2021
11.    Global Cloud Services Brokerage Market Forecast: Breakup by Region (USD Million), 2022-2027
12.    North America Cloud Services Brokerage Historical Market: Breakup by Country (USD Million), 2017-2021
13.    North America Cloud Services Brokerage Market Forecast: Breakup by Country (USD Million), 2022-2027
14.    Europe Cloud Services Brokerage Historical Market: Breakup by Country (USD Million), 2017-2021
15.    Europe Cloud Services Brokerage Market Forecast: Breakup by Country (USD Million), 2022-2027
16.    Asia Pacific Cloud Services Brokerage Historical Market: Breakup by Country (USD Million), 2017-2021
17.    Asia Pacific Cloud Services Brokerage Market Forecast: Breakup by Country (USD Million), 2022-2027
18.    Latin America Cloud Services Brokerage Historical Market: Breakup by Country (USD Million), 2017-2021
19.    Latin America Cloud Services Brokerage Market Forecast: Breakup by Country (USD Million), 2022-2027
20.    Middle East and Africa Cloud Services Brokerage Historical Market: Breakup by Country (USD Million), 2017-2021
21.    Middle East and Africa Cloud Services Brokerage Market Forecast: Breakup by Country (USD Million), 2022-2027
22.    Global Cloud Services Brokerage Market Structure

Key Questions Answered in the Report

In 2020, the global cloud services brokerage market attained a value of nearly USD 6.1 billion.

The market is projected to grow at a CAGR of 17.2% between 2022 and 2027.

The key market trends guiding the growth of the industry include the increasing adoption of cloud due to COVID-19,  increased need to avoid vendor lock-in to drive adoption of cloud service brokerage,  rising usage of Platform-as-a-Service (PaaS) across various organisations, rising usage of cloud services brokerage in small scale companies, rising urbanisation, technical advances, and government backing for the digital economy.

The key industry trends include the increasing expenditures for the improvement of sophisticated telecom network infrastructure and global internet penetration.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific, with Asia Pacific accounting for the significant share in the market.

The platforms include internal brokerage enablement and external brokerage enablement.

The significant type of cloud services brokerage available in the market on the basis of deployment model are public, private, and hybrid.

The market classification  on the basis of organisation size are large enterprises and small and medium sized enterprises.

The significant verticals are banking, financial services, and insurance, IT and telecom, government and public sector, retail and consumer goods, manufacturing, healthcare and life sciences, energy and utilities, among others.

The major players in the industry are IBM Corporation, Oracle, Microsoft Corporation, Accenture PLC, and VMware, among others.

Analyst Review

The global cloud services brokerage market attained a value of USD 6.1 billion in 2020, driven by the increasing expenditures for the improvement of sophisticated telecom network infrastructure. Aided by growing demand among small scale industries and global internet penetration, is expected to witness a further growth in the forecast period of 2022-2027, growing at a CAGR of 17.2%.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on platform type, the industry can be segmented into internal brokerage enablement and external brokerage enablement. Based on deployment model, the industry can be segmented into public, private, and hybrid. Based on organisation size, the industry can be segmented into large enterprises and small and medium sized enterprises. Based on vertical, the industry can be segmented into banking, financial services, and insurance, IT and telecom, government and public sector, retail and consumer goods, manufacturing, healthcare and life sciences, energy and utilities, among others. The major regional markets for cloud service brokerage are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include IBM Corporation, Oracle, Microsoft Corporation, Accenture PLC, and VMware, among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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