Cloud Services Brokerage Market Size, Growth & Global Forecast Report to 2027

Global Cloud Services Brokerage Market Research Report: by Service , Platform (Internal Brokerage Enablement, External Brokerage Enablement), Organization Size (Large Enterprise, Small and Medium-Sized Enterprise), Deployment Model (Public Cloud, Private Cloud, and Hybrid Cloud), Vertical (Banking, Financial Services, and Insurance; IT and Telecommunications, Healthcare and Life Sciences, Government and Public Sector, Retail and Consumer Goods, Energy and Utilities, Manufacturing, Media and Entertainment, and Others), Region — Forecast till 2024The global cloud services brokerage market is projected to register a CAGR of 16.4% during the forecast period from 2019 to 2024 to reach USD 14.83 billion.

The geographic analysis of the market has been conducted for North America, Europe, Asia-Pacific, and the rest of the world.Cloud Services Brokerage Market HighlightsThe global CSB market has been segmented based on service, platform, organization size, deployment, vertical, and region/country.By service, the global CSB market has been divided into security and compliance, training and consulting, support and maintenance, workload management, operations management, reporting and analytics, and catalog management.

The workload management segment accounted for the largest market share in 2018.By platform, the global CSB market has been divided into internal brokerage enablement and external brokerage enablement.

The market share of external brokerage enablement is expected to be higher in the forecast period.Based on organization size, the global CSB market has been divided into small- and medium-sized enterprise (SME) and large enterprise.

The SME segment is expected to register the higher CAGR in the forecast period.On the basis of vertical, the global CSB market has been divided into IT and telecommunication, banking, financial services, and insurance (BFSI), healthcare and life sciences, government and public sector, retail and consumer goods, energy and utilities, manufacturing, media and entertainment and others.

The adoption of CSB is higher in the IT and telecommunication and BFSI verticals.Free sample report here: https://www.marketresearchfuture.com/sample_request/8124Regional Analysismarket has been conducted for North America, Europe, Asia-Pacific, and the rest of the world.North America is expected to be the dominating region in terms of the adoption of CSB services and platform.

May 06, 2019: The global cloud services brokerage market size is estimated to reach USD 17.2 billion by 2025, according to a new study by Grand View Research, Inc.

Cloud Service Brokerage (CSB) is a business model that helps plan and manage IT resources across all cloud models from numerous vendors whilst reducing compliance risk and total IT costs.

It helps reduce business complexities through managing, integrating, orchestrating, and controlling multi-cloud environments on a centralized platform.Additionally, enterprises can provide several cloud-based services from a single point of access, including administration, billing, and support, to their partners and customers.

The significant rise in adoption of multi-cloud platforms to cater to the needs of various clients, vendors, and technology partners is likely to remain the key factor driving growth of the global cloud services brokerage market over the forecast period.Download sample Copy of This Report at: https://www.radiantinsights.com/research/cloud-service-brokerage-csb-market/request-sample Cloud service brokers help manage services implemented on hybrid clouds and integrate these platforms with the systems and cloud-based applications deployed at consumer's premises.

With the increasing use of cloud services for both B2B processes and back-office systems, integration and coordination of a high order is needed.

This is likely to result in increased adoption of CSB solutions over the forecast period.Rapid growth in demand for hybrid IT solutions across large enterprises coupled with growing need for storage and effective management of large volumes of enterprise data, is expected to lead the market toward a remarkable growth path over the forecast period.

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The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country.

It covers all the regions, key developed countries and major emerging markets.

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Cloud Services Brokerage MarketThe sudden challenges created by the ongoing COVID-19 are captured effectively to exhibit the long term growth projections in the MRFR report on Cloud Services Brokerage Market.

The growth sectors of the Cloud Services Brokerage Market are identified with precision for a better growth perspective.The growing number of IT companies that are adopting for cloud services brokerage is expected to cast a positive impact on the global cloud services brokerage (CSB) market, reveals Market Reseach Future (MRFR).

MRFR states that the global cloud services brokerage market is likely to expand with a CAGR of 16.4% over the assessment period (2019 to 2024) and touch a substantial valuation of USD 14.83 billion by 2024.Industry NewsAugust 2019eXp Realty, a subsidiary of eXp World Holdings, Inc. announced the launch of a new program, eXp Realty Preferred Partners.

This program provides eXp Realty agents and their clients, a marketplace for trading home-buying services.Market InsightsThe high rate of adoption of cloud services brokerage across large enterprises and SMEs is expected to surge the market.

The growing need for multi-cloud management is prompting the need for hybrid IT, hence, the adoption of CSB is surging across multiple business verticals.

However, restraints like issues related to regulatory compliance and lack of awareness about CSB can hinder the cloud services brokerage market expansion.Segmental OverviewThe cloud services brokerage market has been segmented on the basis of service, platform, organization size, deployment model, and vertical.Based on the service, the global cloud service brokerage market has been segmented into security and compliance, support and maintenance, reporting and analytics, training and consulting, workload management, operations management, and catalog management.

COVID-19 Impact Analysis on Insurance Brokerage Market report published by Value Market Research provides a detailed market analysis comprising market size, share, value, growth and trends for the period 2020-2027.

Moreover, this market report also covers regional and country markets in detail.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.

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The ability to provide timely pertinent coverage based on individual needs by insurance firms and several benefits provided to the policyholders will be a market booster.

Direct purchases of insurance policies by customers and the availability of alternative platforms to purchase insurance policies will hamper the market's growth.The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis.

Market OverviewAccording to Market Research Future, the global cloud service brokerage market has been segmented based on service, platform, organization size, deployment, vertical, and region/country.The cloud computing activities of a cloud service broker are acquisition and assessment of customers, assessment of the marketplace, and setting up a legal agreement between the cloud technology provider and its customers.

Enterprises are able to reduce the operational cost incurred by the enterprise by adopting CSB solutions and services.

The regulatory compliance issues are a matter of concern and act as a restraint to this market.Get Free Sample Copy of Report @ https://www.marketresearchfuture.com/sample_request/8124Key PlayersThe key players in the global cloud service brokerage market are Arrow Electronics (US), BitTitan (US), CloudFX (Singapore), NEC Corporation (Japan) and Wipro (India), DXC Technology (US), Fujitsu (Japan), IBM Corporation (US), Infosys (India), ActivePlatform (US), Accenture (Ireland), Atos (France), BT (UK), Capgemini (France), and Cognizant (US).

The key strategies adopted by most of the players are partnerships, agreements, collaborations, and the launch of services and platforms.Segments:By service, the global Cloud Service Brokerage Market has been divided into security and compliance, training and consulting, support and maintenance, workload management, operations management, reporting and analytics, and catalog management.

The workload management segment is expected to grow at the highest CAGR during the forecast period.

This is because migration of workloads is a challenging task for the organizations, and the cloud service brokers help in addressing this challenge by offering workload management services.By platform, the global cloud service brokerage market has been divided into internal brokerage enablement and external brokerage enablement.