Cloud Services Brokerage Market Strategies and Forecast by 2031

MARKET OVERVIEW

The cloud services brokerage is an IT role and business model in which an enterprise enhances value to one or more (private or public) cloud services via three primary roles - integration, aggregation, and customization brokerage. A cloud service broker provides a package of technology, people, and methodologies to manage and implement cloud services brokerage-related projects. The IT service providers and companies can unify the public and private cloud environment for their customers, employees, and channels.

MARKET SCOPE

The "Global Cloud Services Brokerage Market Analysis to 2031" is a specialized and in-depth study with a special focus on the global market trend analysis. The report aims to provide an overview of the cloud services brokerage market with detailed market segmentation by service, platform, deployment, organization size, vertical, and geography. The report provides key statistics on the market status of the leading cloud services brokerage market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

• Based on service, the market is segmented into operations management, catalog management, workload management, integration, reporting and analytics, security and compliance, training and consulting, and support and maintenance.
• Based on platform, the market is segmented into internal brokerage enablement and external brokerage enablement.
• Based on deployment, the market is segmented into public cloud, private cloud, and hybrid cloud.
• Based on organization size, the market is segmented into Small and Medium-sized Enterprises (SMEs) and large enterprises.
• Based on vertical, the market is segmented into BFSI, healthcare and life sciences, IT and telecommunications, retail and consumer goods, manufacturing, government and public sector, media and entertainment, energy and utilities, and others.

MARKET DYNAMICS

Drivers  

• The increasing adoption of multi-cloud management is a major factor that drives the growth of this cloud services brokerage market.
• Increasing adoption of cloud services brokerage in the small and medium enterprises (SME) across verticals is anticipated to offer lucrative opportunities to the key providers of cloud services brokerage in the global market.

Restraints

• Regulatory compliance issues may hinder the growth of the cloud services brokerage market.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The cloud services brokerage market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both the demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social, and technological factors affecting the cloud services brokerage market in these regions.

IMPACT OF COVID-19 ON CLOUD SERVICES BROKERAGE MARKET

COVID-19 first began in Wuhan (China) in December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms of confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. The shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in the global market. Few companies have already announced possible delays in product deliveries and slumps in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting business collaborations and partnerships opportunities.

MARKET PLAYERS

The report covers key developments in the cloud services brokerage market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of the business and customer base of market players. The market players from the cloud services brokerage market are anticipated to have lucrative growth opportunities in the future with the rising demand in the global market. 
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the cloud services brokerage market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

• Acronis International GmbH
• Cloudmore AB
• Cognizant
• Dell, Inc
• DXC Technology Company
• IBM
• Jamcracker, Inc
• NEC Corporation
• Open Text Corporation
• Wipro Limited

The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the existing study.

Cloud Services Brokerage Report Scope