HOME Research Insight New Product Launches and Partnerships ,Agreements to Expand Their Product Portfolio and Strengthen Their Market Position in the CSB Market.

New Product Launches and Partnerships ,Agreements to Expand Their Product Portfolio and Strengthen Their Market Position in the CSB Market.

The Cloud Services Brokerage (CSB) market is expected to grow from USD 4.50 Billion in 2016 to USD 9.52 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 16.2%, owing to enhanced existing market offerings and increasing focus on pricing and promotions.

The major players in the CSB market include Accenture PLC (Dublin, Ireland), Capgemini S.A. (Paris, France), NEC Corporation (Tokyo, Japan), Jamcracker, Inc. (California, U.S.), RightScale, Inc. (California, U.S.), Arrow Electronics, Inc. (Colorado, U.S.), Hewlett Packard Enterprise (California, U.S.), International Business Machines Corporation (New York, U.S.), Nephos Technologies (London, U.K.), and DoubleHorn, LLC (Texas, U.S.). These players have adopted various growth strategies, such as expansions, acquisitions, partnerships, joint ventures & collaborations, and new product launches. The strategy of partnerships, agreements, and collaborations was the key strategy adopted by the companies to offer CSB services in the market.

Companies such as Jamcracker, Inc. and DoubleHorn, LLC have adopted the strategy of new product launches and partnerships/agreements to expand their product portfolio and strengthen their market position in the CSB market. Jamcracker, Inc. is one of the leading providers in this market. The company caters to a wide clientele base as well as organizations operating in technology, telecom, and other sectors through its innovative products and solutions. Jamcracker’s long-term strategy is focused toward inorganic growth to expand its portfolio and serve a larger customer base worldwide. In May 2016, Jamcracker formed a partnership with SCC to launch SCC’s unique new Universal Cloud Gateway (UCG) platform. UCG has been powered by Jamcracker’s cloud services enablement platform, thus providing the company a new dimension to acquire new client prospects.

DoubleHorn is another major provider of CSB services. The company offers a broad range of products in the market, and focuses on both inorganic and organic growth strategies to tap into the CSB market. In October 2016, DoubleHorn announced the availability of BetterClouds, a web-based Software as a Service (SaaS) multi-cloud management platform. This new product enabled DoubleHorn to tap into the growing demand for environments comprising multiple cloud services.

The CSB market research report analyzes global adoption trends, future growth potentials, key drivers, vendor portfolio analysis, restraints, opportunities, and value chain of this market.

Related Reports:

Cloud Services Brokerage Market by Service Type, Platform, Deployment Model, Organization Size, Vertical, and Region - Global Forecast to 2021

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