Top Companies in Cloud Services Brokerage Industry

The cloud services brokerage industry is predicted to experience a compound annual growth rate (CAGR) of about 18.0%, from USD 11.4 billion in 2024 to USD 26.2 billion by 2029. It is projected that the growth of the cloud brokerage service market will be spurred on by heightened use of various cloud-enabled services.

Top Companies in Cloud Services Brokerage Industry Include

• Accenture
• IBM
• Broadcom
• Arrow Electronics
• AWS

These players have adopted various growth strategies to strengthen their position in the market.

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Accenture

Accenture—a leading global professional service company, through consultative, technology, and outsourcing services—maintains a strategic and innovative posture within the dynamics of the international world. The company also leverages its deep professional acumen and strategic relationships with top-notch global vendors to deliver innovative solutions to end-user customers. Meanwhile, the organization substantially invests in research and development associated with technological and digital transformations, being ready to realize long-term sustainability. Accenture is a global company serving clients in various industries with over 500,000 employees worldwide and footprints across North America, South America, Europe, Asia Pacific, and the Middle East & Africa. Note in the CSB Market - Within the cloud services brokerage market, Accenture provides solutions for organizations to help them effectively manage their cloud environments. Accenture Cloud Platform allows for effective workload management across on-premises private and public clouds and includes flexible cloud integration options, unified billing analytics, and a centralized management control framework. It also supports leading global providers, including Amazon Web Services, Microsoft Azure, and Cisco Intercloud, ensuring a vendor-neutral approach to effectively managing hybrid cloud environments. This application enables critical capabilities such as management services that are offered as a managed service model of on-premises private cloud integration and automated blueprinting of applications and platforms, all designed to promote business agility, reduce costs, and drive innovation at a time that many enterprises are grappling with the complexities of adopting cloud technologies.

IBM

IBM, headquartered in Armonk, New York, is a global technology and consulting leader known for its innovations in computing and AI, mainly through its Watson platform. IBM offers products and services, such as hardware, software, and cloud-based solutions, and it also supports digital transformation by concentrating on hybrid cloud and AI. The key to this strategy was the 2019 acquisition of Red Hat, which emphasized IBM's commitment to IT modernization. IBM invests in advanced research of quantum computing for next-generation technology.

IBM Cloud Brokerage provides a unified dashboard for planning, purchasing, and managing cloud services. It offers the advantage of cost and compliance management, visibility into the IT environment, and support for integrating different cloud services into enterprise activities; this is one solution, amongst many, for businesses to remain advanced in cloud strategies, to control performance mechanically, and to keep pace with standards for compliance. At a growing pace, due to the dynamism of technology and varying market conditions, IBM services have taken global into the Americas, Europe, Asia Pacific, the Middle East, and Africa to stimulate innovation.

AWS

AWS plays a significant role in the cloud services brokerage market by offering tools like AWS Service Catalog, AWS Marketplace, and AWS Control Tower. These solutions help businesses manage, procure, and optimize multi-cloud and hybrid cloud environments, ensuring seamless integration, governance, and cost efficiency.

Broadcom

Broadcom is a key player in the cloud services brokerage market through its CA Technologies division, offering solutions like AIOps, automation, and cloud management tools. Its platforms help enterprises optimize multi-cloud environments, enhance security, and streamline IT operations for improved efficiency and cost savings.

Cloud Services Brokerage Market By Service Type (Aggregation (Multi-Cloud, Data Integration, Automation & Orchestration), Intermediation (Security, Performance & Usage), Arbitrage (Marketplace, Service Catalog, Enablement)) - Global Forecast to 2029