Cloud Services Brokerage Market Forecast

Cloud services brokerage (CSB) is an IT role and business model that helps organizations manage and blend their cloud services from various providers. It includes services like selecting, integrating, customizing, migrating, securing, governing, ensuring compliance, and managing these services. CSB connects organizations with cloud service providers, helping them gain advantages while controlling risks, costs, and complexity, ultimately enhancing their efficiency and productivity.

According to SPER market research, ‘Cloud Services Brokerage Market Size- By Service, By Platform, By Deployment, By Enterprise Size, By End-User – Regional Outlook, Competitive Strategies and Segment Forecast to 2034’ state that the Global Cloud Services Brokerage Market is predicted to reach 61.86 billion by 2034 with a CAGR of 17.56%.

Drivers: The growth of cloud computing is boosting product demand as more organizations need help managing their complex cloud systems. This increased need for cloud security and compliance is benefiting the market. Additionally, various industries are looking for hybrid IT and multi-cloud management to enhance performance and cut costs, further contributing to market growth. Government initiatives supporting cloud infrastructure development also play a significant role. Technological advancements like big data analytics, AI, and IoT offer new growth opportunities. Lastly, urbanization, industrialization, new products like home automation, and the rise of SMEs are helping to drive market growth.

Restraints: As companies move to the cloud, the risks of hacking, data breaches, and data loss grow. Many organizations hesitate to use cloud services due to insecurity about their information online. To address this, cloud brokers need strict policies to protect confidential details from hackers and unauthorized access. They should implement encryption and secure authentication to safeguard documents. Legal challenges arise from compliance with GDPR or CCPA, requiring brokers to ensure they follow laws regarding data handling. Additionally, data sovereignty issues complicate security due to varying laws. Quick responses during security events can minimize damage, making it essential for brokers to focus on strong data protection measures.

Request For Free Sample Report @ https://www.sperresearch.com/report-store/cloud-services-brokerage-market?sample=1

North America cloud services brokerage market led the global market with a large revenue share in 2024. This is due to the region’s early adoption and acceptance of cloud technologies, along with a strong network of cloud service providers and brokerage platforms in the U. S. and Canada. Additionally, strict regulatory requirements and complex IT environments have increased the need for cloud brokerage solutions, helping organizations manage compliance and integration issues. Some of the key market players are Accenture, ActivePlatform, Arrow Electronics, Inc, Atos SE, Cognizant, Fujitsu, IBM, and others.

Cloud Services Brokerage Market Segmentation:

By Service: Based on the Service, Global Cloud Services Brokerage Market is segmented as; Integration and Support, Automation and Orchestration, Billing and Provisioning, Migration and Customization, Security and Compliance, Others.

By Platform: Based on the Platform, Global Cloud Services Brokerage Market is segmented as; Internal Brokerage Enablement, External Brokerage Enablement.

By Deployment: Based on the Deployment, Global Cloud Services Brokerage Market is segmented as; Private, Public, Hybrid.

By Enterprise Size: Based on the Enterprise Size, Global Cloud Services Brokerage Market is segmented as; Large Enterprises, Small and Medium-sized Enterprises.

By End-User: Based on the End-User, Global Cloud Services Brokerage Market is segmented as; IT and Telecom, BFSI, Government and Public Sector, Healthcare, Consumer Goods and Retail, Manufacturing, Energy and Utilities, Others.

By Region: This research also includes data for North America, Latin America, Asia-Pacific, Europe, Middle East & Africa

For More Information, refer to below link: –

Cloud Services Brokerage Market Forecast

Behavior Analytics Market Growth, Size, Trends Analysis – By Deployment Model, By Component, By End-User – Regional Outlook, Competitive Strategies and Segment Forecast to 2034

Contact Us:

Sara Lopes, Business Consultant — USA

enquiries@sperresearch.com

+1–347–460–2899