Pune, India -- (SBWIRE) -- 07/12/2018 -- The Global Cloud Services Brokerage Market accounted for USD 4.63 billion in 2016 growing at a CAGR of 16.65% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic year 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

Also the Global Cloud Services Brokerage Market, By Geography, Service (Catalog Management, Workload Management, Operations Management, Integration, Training & Consulting, Support & Maintenance), Platform (Internal, External), Organization Size (SMEs, Large), Deployment Model, Vertical (BFSI, Telecom & IT, Health care, Retail, Government, Energy) – Industry Trends and Forecast to 2024.

Cloud services brokerage (CSB) is a business model in which a company adds value to one or more (public or private) cloud services on behalf of one or more consumers of that service through three primary roles including aggregation, integration and customization brokerage. CSB provides the intermediary between cloud providers and cloud consumer that assist companies in choosing the best services and offerings as per their needs. The increasing concerns related to the network security & cloud services along with increasing demand for single point of access to cloud services, growing demand of unified security and hybrid information technology (IT) deployment models are boosting the growth of this market.

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Major Market Drivers & Restraints:


- Increasing Concerns on Network Security

- Growing Security Concerns of Cloud Services

- Growing Adoption of Hybrid Cloud Model

- Increasing Demand For Single Point Of Access To Cloud Services

- Growing Demand of Unified Security And Hybrid Information Technology (IT) Deployment Models

- Increase In Number of Companies Developing Cloud Services

- Growing Pervasiveness of Cloud Computing

- Surviving the Cloud Services, Brokerage Hype

- Application Portability on Various Cloud Environments


Market Segmentation: Global Cloud Services Brokerage Market

The global cloud services brokerage market is segmented on the basis of service into catalog management, workload management, operations management, integration, training & consulting, support & maintenance.

On the basis of platform, the global cloud services brokerage market is further segmented into internal brokerage enablement and external brokerage enablement.

On the basis of deployment, the global cloud services brokerage market is further segmented into public cloud, private cloud and hybrid cloud.

On the basis of organization size, the global cloud services brokerage market is further segmented into small and medium-sized enterprises (SMEs) and large enterprises.

On the basis of vertical, the global cloud services brokerage market is further segmented into banking financial services & insurance (BFSI), healthcare, telecommunication & IT, retail, government and energy.

On the basis of geography, global cloud services brokerage market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.

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Company Share Analysis: Global Cloud Services Brokerage Market

The report for cloud services brokerage market include detailed vendor level analysis for market shares in 2016 for Global, North America, Europe, Asia Pacific, Middle East and Africa and South America specifically. Also impact and development analysis of key vendors is registered in the market and factored on the basis of Vendor Positioning Grid Analysis which measures the vendors strengths and opportunities against present market challenges, measure providers ability to identify or satisfy present market needs, map providers market vision to current and upcoming market dynamics among others. The report also measures technology life line curve and market time line to analyze and do more affective investments.

Major Market Competitors: Global Cloud Services Brokerage Market

Some of the major players of the global cloud services brokerage market Jamcracker, Inc., DoubleHorn Communications LLC, IBM Corporation, Cisco Systems, Inc, Hewlett Packard Enterprise Development LP, Arrow Electronics, Inc., Nephos Technologies, Capgemini, Accenture, RightScale, Inc., NEC India Pvt. Ltd., PTC, AMALTO TECHNOLOGIES, ComputeNext Inc., CloudMGR, ALSO Holding AG, AppDirect, Inc, OpenText Corp. Parallels International GmbH., SnapLogic among others.

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