HOME Top Market Reports Cloud Services Brokerage Market by Service Type (Catalog Management, Workload Management, Operations Management), Platform (Internal Brokerage, External Brokerage), Deployment Model, Organization Size, Vertical, and Region - Global Forecast to 2023

Cloud Services Brokerage Market by Service Type (Catalog Management, Workload Management, Operations Management), Platform (Internal Brokerage, External Brokerage), Deployment Model, Organization Size, Vertical, and Region - Global Forecast to 2023

By: marketsandmarkets.com
Publishing Date: May 2018
Report Code: TC 3513

 

  Speak to Analyst Enquiry Before Buying Webinar
purchase report
download pdf  request for customisation


The Cloud Services Brokerage market size was USD 6.05 Billion in 2017 and is projected to reach USD 15.03 Billion by 2023, at a Compound Annual Growth Rate (CAGR) of 17.3% during the forecast period. In this report, 2017 is considered as the base year, and 2018–2023 is the forecast period. The growing need for performance-oriented and cost-effective brokerage solutions is expected to drive the CSB market.

Objectives of the Study

The main objective of this report is to define, describe, and forecast the global Cloud Services Brokerage market based on service type, platform, deployment model, organization size, application, vertical, and region. The report provides detailed information about the major factors (drivers, restraints, opportunities, and industry-specific challenges) influencing the market growth. The report aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and contributions to the global CSB market. The report attempts to forecast the market size of the 5 main regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It strategically profiles the key market players and comprehensively analyzes their core competencies. It also tracks and analyzes competitive developments, such as joint ventures, mergers and acquisitions, new developments, and Research and Development (R&D) activities, in the global CSB market.

Research Methodology

The research methodology used to estimate and forecast the Cloud Services Brokerage market started with capturing data on the key vendors’ revenues through secondary research using various sources, such as Cisco Cloud Index, Cloud Security Alliance, and Institute of Electrical and Electronic Engineers (IEEE). In addition, the vendor offerings were taken into consideration to determine the market segmentation. The bottom-up procedure was employed to arrive at the overall industry size of the global CSB market from the revenues of the key players in the market. After arriving at the overall market size, the total market was split into several segments and subsegments, which were then verified through primary research by conducting extensive interviews with the key people, such as Chief Executive Officers (CEOs), Vice Presidents (VPs), directors, and executives. The data triangulation and market breakdown procedures were employed to complete the overall market engineering process and arrive at the exact statistics for all the segments and subsegments. The breakdown of the primary profiles has been depicted in the figure below:

Cloud Services Brokerage Market

To know about the assumptions considered for the study, download the pdf brochure

The Cloud Services Brokerage market includes various vendors, such as Accenture (Ireland), DoubleHorn (US), Jamcracker (US), IBM (US), HPE (US), RightScale (US), Dell (US), Wipro (India), Arrow Electronics (US), ActivePlatform (Belarus), Cloudmore (Sweden), InContinuum (Netherlands), DXC Technology (US), Cognizant (US), BitTitan (US), Nephos Technologies (UK), OpenText (Canada), ComputeNext (US), CloudFX (Singapore), Fujitsu (Japan), Tech Mahindra (India), Atos (France), Cloudreach (UK), Neostratus (Hungary), and Proximitum (UK).

The target audience of the CSB market report includes the following:

  • Hosting service providers
  • Cloud infrastructure and service providers
  • Technology consultants
  • Value-added Resellers (VARs)
  • System Integrators (SIs) and aggregators
  • Cloud brokerage enablers
  • Government and local authorities
  • Telecom service providers
  • API management service providers
  • Wireless/mobile infrastructure providers

“The study answers several questions for the stakeholders, primarily which market segments to focus on in the next 2–5 years for prioritizing the efforts and investments.”

Scope of the Report

The research report categorizes the Cloud Services Brokerage market to forecast the revenues and analyze the trends in each of the following subsegments:

By Service Type

  • Operations Management
  • Catalog Management
  • Workload Management
  • Integration
  • Reporting and Analytics
  • Security and Compliance
  • Training and Consulting
  • Support and Maintenance

By Platform

  • Internal Brokerage Enablement
  • External Brokerage Enablement

By Deployment Model

  • Public cloud
  • Private cloud
  • Hybrid cloud

By Organization Size:

  • Small and Medium-sized Enterprises (SMEs)
  • Large enterprises

By Vertical:

  • BFSI
  • Healthcare and Life Sciences
  • IT and Telecommunications
  • Retail and Consumer Goods
  • Manufacturing
  • Government and Public Sector
  • Media and Entertainment
  • Energy and Utilities
  • Others (Education and Transportation & Logistics)

By Region:

  • North America
    • US
    • Canada
  • Europe
    • UK
    • France
    • Germany
    • Other European Countries
  • APAC
    • India
    • ANZ
    • Singapore
    • Other APAC Countries
  • MEA
    • KSA
    • UAE
    • Qatar
    • Other MEA Countries
  • Latin America
    • Brazil
    • Mexico
    • Other Latin American Countries

Available Customizations

With the given market data, MarketsandMarkets offers customizations as per the company’s specific needs and on best effort basis.

Table of Contents

1 Introduction (Page No. - 16)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Market Scope
    1.4 Years Considered for the Study
    1.5 Currency
    1.6 Stakeholders

2 Research Methodology (Page No. - 20)
    2.1 Research Data
           2.1.1 Secondary Data
           2.1.2 Primary Data
                    2.1.2.1 Breakdown of Primaries
                    2.1.2.2 Key Industry Insights
    2.2 Market Size Estimation
    2.3 Research Assumptions
    2.4 Limitations

3 Executive Summary (Page No. - 28)

4 Premium Insights (Page No. - 31)
    4.1 Attractive Market Opportunities in the Cloud Services Brokerage Market
    4.2 Market Top 3 Verticals and Regions
    4.3 Lifecycle Analysis, By Region

5 Market Overview and Industry Trends (Page No. - 34)
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Increase in the Adoption of Hybrid IT and Multi-Cloud Management
                    5.2.1.2 Improved Agility and Performance
                    5.2.1.3 Reduction in the Enterprise Cost
                    5.2.1.4 Provide an Effective Solution for Vendor Lock-In
           5.2.2 Restraints
                    5.2.2.1 Difficulty in Application Portability
                    5.2.2.2 Regulatory Compliance Issues
           5.2.3 Opportunities
                    5.2.3.1 Growth in the SMEs Segment
                    5.2.3.2 Pay-As-You-Go Pricing Model
           5.2.4 Challenges
                    5.2.4.1 Lack of Awareness and Security Concerns
    5.3 Technology Trends and Standards
           5.3.1 Standards and Guidelines for the Cloud Services Brokerage Market
                    5.3.1.1 Payment Card Industry Data Security Standard
                    5.3.1.2 Health Insurance Portability and Accountability Act
                    5.3.1.3 Federal Information Security Management Act
                    5.3.1.4 International Organization for Standardization/International Electrotechnical Commission 38500
                    5.3.1.5 International Organization for Standardization/International Electrotechnical Commission 27018
                    5.3.1.6 National Institute of Standards and Technology (Nist) Cybersecurity Framework
                    5.3.1.7 Cloud Security Alliance Cloud Controls Matrix
    5.4 Use Cases
           5.4.1 Address Deployment Challenges
           5.4.2 Re-Engineer Website for Cloud
           5.4.3 Drive Cloud Sales Automation
           5.4.4 Rapid Deployment of Cloud Service Marketplace

6 Cloud Services Brokerage Market, By Service Type (Page No. - 41)
    6.1 Introduction
           6.1.1 Operations Management
           6.1.2 Catalog Management
           6.1.3 Workload Management
           6.1.4 Integration
           6.1.5 Reporting and Analytics
           6.1.6 Security and Compliance
           6.1.7 Training and Consulting
           6.1.8 Support and Maintenance

7 Cloud Services Brokerage Market, By Platform (Page No. - 49)
    7.1 Introduction
    7.2 Internal Brokerage Enablement
    7.3 External Brokerage Enablement

8 Market By Organization Size (Page No. - 53)
    8.1 Introduction
    8.2 Small and Medium-Sized Enterprises
    8.3 Large Enterprises

9 Cloud Services Brokerage Market, By Deployment Model (Page No. - 57)
    9.1 Introduction
    9.2 Public Cloud
    9.3 Private Cloud
    9.4 Hybrid Cloud

10 Cloud Services Brokerage Market, By Vertical (Page No. - 62)
     10.1 Introduction
     10.2 Banking, Financial Services, and Insurance
     10.3 Healthcare and Life Sciences
     10.4 IT and Telecommunications
     10.5 Retail and Consumer Goods
     10.6 Manufacturing
     10.7 Government and Public Sector
     10.8 Media and Entertainment
     10.9 Energy and Utilities
     10.10 Others

11 Cloud Services Brokerage Market, By Region (Page No. - 71)
     11.1 Introduction
     11.2 North America
     11.3 Europe
     11.4 Asia Pacific
     11.5 Middle East and Africa
     11.6 Latin America

12 Competitive Landscape (Page No. - 91)
     12.1 Overview
             12.1.1 Market Ranking
             12.1.2 New Product Launches
             12.1.3 Partnerships/Agreements/Collaborations
             12.1.4 Mergers and Acquisitions

13 Company Profiles (Page No. - 96)
     13.1 Introduction
(Business Overview, Products Offered & Services Strategies, Key Insights, Recent Developments, MnM View)*
     13.2 Accenture
     13.3 Doublehorn
     13.4 Jamcracker
     13.5 IBM
     13.6 HPE
     13.7 Rightscale
     13.8 Dell
     13.9 Wipro
     13.1 Arrow Electronics
     13.11 Activeplatform
     13.12 Cloudmore
     13.13 Incontinuum
     13.14 DXC Technology
     13.15 Cognizant
     13.16 Bittitan
     13.17 Nephos Technologies
     13.18 Opentext
     13.19 Computenext
     13.20 Cloudfx
     13.21 Fujitsu
     13.22 Tech Mahindra
     13.23 ATOS
     13.24 Cloudreach
     13.25 Neostratus
     13.26 Proximitum

*Details on Business Overview, Products Offered & Services Strategies, Key Insights, Recent Developments, MnM View Might Not Be Captured in Case of Unlisted Companies.

14 Appendix (Page No. - 131)
     14.1 Insight of Industry Experts
     14.2 Discussion Guide
     14.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
     14.4 Introducing RT: Real-Time Market Intelligence
     14.5 Available Customizations
     14.6 Related Reports
     14.7 Author Details


List of Tables (66 Tables)

Table 1 United States Dollar Exchange Rate, 2014–2016
Table 2 Global Market Assumptions
Table 3 Cloud Services Brokerage Market Size, By Service Type, 2016–2023 (USD Million)
Table 4 Operations Management: Market Size, By Region, 2016–2023 (USD Million)
Table 5 Catalog Management: Market Size, By Region, 2016–2023 (USD Million)
Table 6 Workload Management: Market Size, By Region, 2016–2023 (USD Million)
Table 7 Integration: Cloud Services Brokerage Market Size, By Region, 2016–2023 (USD Million)
Table 8 Reporting and Analytics: Market Size, By Region, 2016–2023 (USD Million)
Table 9 Security and Compliance: Market Size, By Region, 2016–2023 (USD Million)
Table 10 Training and Consulting: Market Size, By Region, 2016–2023 (USD Million)
Table 11 Support and Maintenance: Market Size, By Region, 2016–2023 (USD Million)
Table 12 Cloud Services Brokerage Market Size, By Platform, 2016–2023 (USD Million)
Table 13 Internal Brokerage Enablement: Market Size, By Region, 2016–2023 (USD Million)
Table 14 External Brokerage Enablement: Market Size, By Region, 2016–2023 (USD Million)
Table 15 Cloud Services Brokerage Market Size, By Organization Size, 2016–2023 (USD Million)
Table 16 Small and Medium-Sized Enterprises: Market Size, By Region, 2016–2023 (USD Million)
Table 17 Large Enterprises: Market Size, By Region, 2016–2023 (USD Million)
Table 18 Cloud Services Brokerage Market Size, By Deployment Model, 2016–2023 (USD Million)
Table 19 Public Cloud: Market Size, By Region, 2016–2023 (USD Million)
Table 20 Private Cloud: Market Size, By Region, 2016–2023 (USD Million)
Table 21 Hybrid Cloud: Market Size, By Region, 2016–2023 (USD Million)
Table 22 Cloud Services Brokerage Market Size, By Vertical, 2016–2023 (USD Million)
Table 23 Banking, Financial Services, and Insurance: Market Size, By Region, 2016–2023 (USD Million)
Table 24 Healthcare and Life Sciences: Market Size, By Region, 2016–2023 (USD Million)
Table 25 IT and Telecommunications: Market Size, By Region, 2016–2023 (USD Million)
Table 26 Retail and Consumer Goods: Market Size, By Region, 2016–2023 (USD Million)
Table 27 Manufacturing: Market Size, By Region, 2016–2023 (USD Million)
Table 28 Government and Public Sector: Market Size, By Region, 2016–2023 (USD Million)
Table 29 Media and Entertainment: Market Size, By Region, 2016–2023 (USD Million)
Table 30 Energy and Utilities: Market Size, By Region, 2016–2023 (USD Million)
Table 31 Others: Market Size, By Region, 2016–2023 (USD Million)
Table 32 Cloud Services Brokerage Market Size, By Region, 2016–2023 (USD Million)
Table 33 North America: Market Size By Service Type, 2016–2023 (USD Million)
Table 34 North America: Market Size By Platform, 2016–2023 (USD Million)
Table 35 North America: Market Size By Organization Size, 2016–2023 (USD Million)
Table 36 North America: Market Size By Deployment Model, 2016–2023 (USD Million)
Table 37 North America: Market Size By Vertical, 2016–2023 (USD Million)
Table 38 North America: Market Size By Country, 2016–2023 (USD Million)
Table 39 Europe: Cloud Services Brokerage Market Size, By Service Type, 2016–2023 (USD Million)
Table 40 Europe: Market Size By Platform, 2016–2023 (USD Million)
Table 41 Europe: Market Size By Organization Size, 2016–2023 (USD Million)
Table 42 Europe: Market Size By Deployment Model, 2016–2023 (USD Million)
Table 43 Europe: Market Size By Vertical, 2016–2023 (USD Million)
Table 44 Europe: Market Size By Country, 2016–2023 (USD Million)
Table 45 Asia Pacific: Cloud Services Brokerage Market Size, By Service Type, 2016–2023 (USD Million)
Table 46 Asia Pacific: Market Size By Platform, 2016–2023 (USD Million)
Table 47 Asia Pacific: Market Size By Organization Size, 2016–2023 (USD Million)
Table 48 Asia Pacific: Market Size By Deployment Model, 2016–2023 (USD Million)
Table 49 Asia Pacific: Market Size By Vertical, 2016–2023 (USD Million)
Table 50 Asia Pacific: Market Size By Country, 2016–2023 (USD Million)
Table 51 Middle East and Africa: Cloud Services Brokerage Market Size, By Service Type, 2016–2023 (USD Million)
Table 52 Middle East and Africa: Market Size By Platform, 2016–2023 (USD Million)
Table 53 Middle East and Africa: Market Size By Organization Size, 2016–2023 (USD Million)
Table 54 Middle East and Africa: Market Size By Deployment Model, 2016–2023 (USD Million)
Table 55 Middle East and Africa: Market Size By Vertical, 2016–2023 (USD Million)
Table 56 Middle East and Africa: Market Size By Country, 2016–2023 (USD Million)
Table 57 Latin America: Cloud Services Brokerage Market Size, By Service Type, 2016–2023 (USD Million)
Table 58 Latin America: Market Size By Platform, 2016–2023 (USD Million)
Table 59 Latin America: Market Size By Organization Size, 2016–2023 (USD Million)
Table 60 Latin America: Market Size By Deployment Model, 2016–2023 (USD Million)
Table 61 Latin America: Market Size By Vertical, 2016–2023 (USD Million)
Table 62 Latin America: Market Size By Country, 2016–2023 (USD Million)
Table 63 Market Ranking for the Cloud Services Brokerage Market, 2018
Table 64 New Product Launches, 2016–2018
Table 65 Partnerships/Agreements/Collaborations, 2016–2018
Table 66 Mergers and Acquisitions, 2015–2016


List of Figures (35 Figures)

Figure 1 Global Cloud Services Brokerage Market Segmentation
Figure 2 Global Market Regional Scope
Figure 3 Cloud Services Brokerage Market: Research Design
Figure 4 Breakdown of Primary Interviews: By Company Type, Designation & Region
Figure 5 Data Triangulation
Figure 6 Market Size Estimation Methodology: Bottom-Up Approach
Figure 7 Market Size Estimation Methodology: Top-Down Approach
Figure 8 North America is Estimated to Account for the Largest Market Share in 2018
Figure 9 Workload Management Segment is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 10 Healthcare and Life Sciences Vertical is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 11 Growth in the Demand for Hybrid IT and Multi-Cloud Management is Expected to Fuel the Cloud Services Brokerage Market Growth
Figure 12 Banking, Financial Services, and Insurance Industry; and North America are Estimated to Account for the Largest Market Shares in 2017
Figure 13 Cloud Services Brokerage Market has Immense Opportunities for Growth in Asia Pacific
Figure 14 Cloud Services Brokerage Market: Drivers, Restraints, Opportunities, and Challenges
Figure 15 Workload Management Service Type is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 16 External Brokerage Enablement Platform is Expected to Grow at A Higher CAGR During the Forecast Period
Figure 17 Small and Medium-Sized Enterprises Segment is Expected to Grow at A Higher CAGR During the Forecast Period
Figure 18 Hybrid Cloud Deployment Model is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 19 Healthcare and Life Sciences Vertical is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 20 Regional Snapshot (2018–2023): North America is Expected to Account for the Largest Market Share in 2023
Figure 21 North America: Market Snapshot
Figure 22 Asia Pacific: Market Snapshot
Figure 23 Major Vendors Have Adopted Organic and Inorganic Growth Strategies in the Cloud Services Brokerage Market
Figure 24 Geographic Revenue Mix of Key Market Players
Figure 25 Accenture: Company Snapshot
Figure 26 IBM: Company Snapshot
Figure 27 HPE: Company Snapshot
Figure 28 Wipro: Company Snapshot
Figure 29 Arrow Electronics: Company Snapshot
Figure 30 DXC Technology: Company Snapshot
Figure 31 Cognizant: Company Snapshot
Figure 32 Opentext: Company Snapshot
Figure 33 Fujitsu: Company Snapshot
Figure 34 Tech Mahindra: Company Snapshot
Figure 35 ATOS: Company Snapshot

The global Cloud Services Brokerage market is expected to grow from USD 6.78 Billion in 2018 to USD 15.03 Billion by 2023, at a Compound Annual Growth Rate (CAGR) of 17.3% during the forecast period. A cloud service broker acts as an intermediary between cloud providers and consumers, and enables companies to choose cloud services and offerings that suit their needs. The increasing adoption of hybrid Information Technology (IT) and multi-cloud management has spurred the demand for CSB. Furthermore, these factors help in reducing complexities in managing, governance, compliance, taxation, and billing for multi-cloud environments.

This report provides detailed insights into the Cloud Services Brokerage market, split across various regions, segments, and industries. The market has been segmented on the basis of components (service type and platform). The service type considered for the CSB market includes operations management; catalog management; workload management; integration, reporting and analytics; security and compliance; training and consulting; and support and maintenance.

The platform considered for the Cloud Services Brokerage market includes internal brokerage enablement and external brokerage enablement. The deployment model for the CSB market consists of public cloud, private cloud, and hybrid cloud. The market has also been segmented on the basis of organization sizes into Small and Medium-sized Enterprises (SMEs) and large enterprises. The large enterprises segment is expected to have the larger market size, due to the advantages of CSB, such as single point of accountability and transparency. This helps enterprises in switching easily between the various cloud models. Large enterprises using cloud brokerage and enabling solutions are providing new services to their customers and entering new markets.

Cloud Services Brokerage Market

The report covers all the major aspects of the Cloud Services Brokerage market and provides an in-depth analysis across the regions of North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. The market in North America is expected to have the largest market size due to the presence of major vendors and increase in adoption of associated services. The APAC region is expected to provide several opportunities in the CSB market and is projected to grow at the highest CAGR during the forecast period. Difficulty in application portability and regulatory compliance issues are expected to restrain the market growth.

Various vendors provide CSB to help enterprises reduce their Capital Expenditure (CAPEX). Accenture, one of the major vendors, offers Accenture Cloud Platform and Accenture Cloud Integration Platform with features, such as managed services, support, consumption and resource management analytics, and governance. Other vendors in the Cloud Services Brokerage market include DoubleHorn (US), Jamcracker (US), IBM (US), HPE (US), RightScale (US), Dell (US), Wipro (India), Arrow Electronics (US), ActivePlatform (Belarus), Cloudmore (Sweden), InContinuum (Netherlands), DXC Technology (US), Cognizant (US), BitTitan (US), Nephos Technologies (UK), OpenText (Canada), ComputeNext (US), CloudFX (Singapore), Fujitsu (Japan), Tech Mahindra (India), Atos (France), Cloudreach (UK), Neostratus (Hungary), and Proximitum (UK). These market players have adopted various strategies, such as partnerships, collaborations, and expansions, to remain competitive in the market.

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

Custom Market Research Services

We will customize the research for you, in case the report listed above does not meet with your exact requirements. Our custom research will comprehensively cover the business information you require to help you arrive at strategic and profitable business decisions.

Please visit https://www.marketsandmarkets.com/knowledge-process-outsourcing-services.asp to specify your custom Research Requirement

Connect With Us

Follow us on LinkedIn  Follow us on Facebook   Follow us on Twitter 
Live Chat Support


US : 1-888-600-6441
UK : 44-800-368-9399

Search reports



Access reports on all high
growth Cloud Computing Markets on KnowledgeStore
Request Demo