Progressive markets

Global Cloud Service Brokerage Market Is Expected to Grow at a CAGR of over 16.2% from 2017 to 2025

Cloud service brokerage acts as an intermediary between the third party or a company and customers of cloud computing services.

 

Portland, OR -- (SBWIRE) -- 07/31/2017 -- Cloud service brokerage acts as an intermediary between the third party or a company and customers of cloud computing services. Broker offers services such as customization, integration and aggregation to fulfill cloud adoption need of the customers. These brokers help customers to select right service and offer customization to satisfy their requirements. The cloud service brokerage market is expected to grow in future due to continuous increase in adoption of cloud computing services and hybrid cloud models. The global cloud service brokerage market is expected to grow at a CAGR of over 16.2% from 2017 to 2025.

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Based on service type, the market is divided into operations management, catalog management, workload management, support and maintenance, training and consulting, and integration. According to organization size, the market is categorized into large enterprises and small and medium enterprises (SMEs). On the basis of deployment model, the market is bifurcated into public cloud, hybrid cloud, and private cloud. Based on end-use industry, the market is segmented as BFSI, IT and telecommunication, healthcare and pharmaceuticals, hospitality and retail, government and public utilities, and others. Geographic breakdown and deep analysis of each of the aforesaid segments is included for North America, Europe, Asia-Pacific, and LAMEA.

Market Dynamics:

Drivers:

Increasing adoption of hybrid and multi-cloud models
Rising demand for access to single point cloud services
Reducing internal IT human resources
Increasing use of cloud services in business operations to achieve cost effective solutions

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Restraints:
Lack of awareness
Application compatibility on numerous cloud environments
Security concerns

Table Of Contents:
1. Executive summary
1.1. Key Findings
1.2. Market Attractiveness and Trend analysis
1.3. Competitive Landscape and recent industry development analysis
2. Introduction
2.1. Report Description
2.2. Scope and Definitions
2.3. Research Methodology
3. Market landscape
3.1. Growth Drivers
3.1.1. Impact Analysis
3.2. Restraints and Challenges
4. Global Cloud Service Brokerage Market by Service Type
4.1. Operations Management
4.1.1. Historical Market Size by Region, 2014-2016
4.1.2. Market Forecast by Region, 2017-2025
4.2. Catalog Management