Cloud Services Brokerage Market Revenue Share, Growth Factors, Trends, Analysis & Forecast, 2020–2027

Cloud Services Brokerage

The Global Cloud Services Brokerage Market is witnessing a remarkable growth owing to an increase in the demands for the products and a tremendous shift in consumer preferences. The high demand is concentrated in the European and North American countries. The report on Global Cloud Services Brokerage Market offers a comprehensive analysis of the recent advancements in the Cloud Services Brokerage industry and trends driving the growth of the market. The report offers the segmentation of the market on the basis of types, applications, and regions. The report is updated with the latest trends and economic scenario owing to the COVID-19 pandemic. The impact analysis of the pandemic is described in the report. A comprehensive analysis of the present and future impact of COVID-19 on the market, along with a post-COVID-19 scenario, is included in the report.

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Key companies operating in the market:

  • Accenture
  • IBM
  • VMware
  • Jamcracker
  • ActivePlatform
  • Arrow Electronics
  • Cloudmore
  • Wipro
  • DXC Technology
  • iPortalis

Market Overview:

Increasing adoption of technologically upgrade and advanced devices among users and rising penetration of internet has led to generation of massive amount of data across various industries and sectors. Growing demand for enhanced data security and privacy has contributed to the revenue growth of the market. In addition, rising application of the Internet of Things (IoT) and usage of business intelligence have further fueled market growth. Developments across various segments such as internet, wireless networks, computers, software, social networking, and other services have impacted the growth of the information and communication technologies market.

ICTs refer to the amalgamation of media technology with computer networks through cables or link systems. Key emerging trends such as use of IoT, media systems, and information and communication technologies in different sectors such as agriculture, financial services, and meteorological data collection, among others have also boosted revenue growth. The advent of artificial intelligence and robotics have further brought evolution in the ICT industry.

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The report further segments the global Cloud Services Brokerage market based

By Service Type (Revenue, USD Million; 2017–2027)

  • Integration & Support
  • Automation & Orchestration
  • Billing & Provisioning
  • Migration & Customization
  • Security & Compliance
  • Others (Catalog Management, Backup & DR, Reporting & BI, and API)

By End-user (Revenue, USD Million; 2017–2027)

  • Government
  • Manufacturing
  • BFSI
  • Retail
  • Others

Key players dominating the global Cloud Services Brokerage market are focusing on development and advancement in software and security technologies to cater to the growing consumer demand. Factors such as rapid economic growth, shifting consumer preference, and rapidly changing market dynamics have also accelerated market revenue growth. The report sheds lights on the key strategic initiatives such as mergers and acquisitions, collaborations, partnerships, product launches, corporate deals, and agreements undertaken by the key companies. The report also offers insights into market share, market size, and revenue growth in key regions of the globe.

On the basis of regional analysis, the market is segmented into key geographical regions such as North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. According to the analysis, North America is expected to dominate the market with the highest market share. Asia-Pacific is anticipated to show a significant growth rate owing to rising development and population demands.

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