Cloud Service Brokerage Market Report: Trends, Forecast and Competitive Analysis to 2030

Cloud Service Brokerage Trends and Forecast

The future of the global cloud service brokerage market looks promising with opportunities in the public cloud and private cloud markets. The global cloud service brokerage market is expected to reach an estimated $19.83 billion by 2030 with a CAGR of 15.8% from 2024 to 2030. The major drivers for this market are high security concerns related to the data safety and rising adoption of hybrid IT and multi-cloud management.

A more than 150-page report is developed to help in your business decisions.

Cloud Service Brokerage by Segment

The study includes a forecast for the global cloud service brokerage by service type, platform, deployment model, end use, and region.

Cloud Service Brokerage Market by Service Type [Shipment Analysis by Value from 2018 to 2030]:

• Integration & Support
• Migration & Customization
• Automation & Orchestration

Cloud Service Brokerage Market by Platform [Shipment Analysis by Value from 2018 to 2030]:

• Internal Brokerage Enablement
• External Brokerage Enablement

Cloud Service Brokerage Market by Deployment Model [Shipment Analysis by Value from 2018 to 2030]:

• Public Cloud
• Private Cloud

Cloud Service Brokerage Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

• IT & Telecom
• BFSI
• Government & Public Sector
• Healthcare
• Consumer Goods & Retail
• Manufacturing
• Energy & Utilities
• Others

Cloud Service Brokerage Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Cloud Service Brokerage Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies cloud service brokerage companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the cloud service brokerage companies profiled in this report include-

• Accenture
• IBM
• Atos
• Capgemini
• Jamcracker
• Cognizant Technology
• Dxc Technology
• Infosys
• Hewlett Packard Enterprise Development
• Fujitsu

Cloud Service Brokerage Market Insights

Lucintel forecasts that integration and support will remain largest segment over the forecast period as it aids the organizations in managing their service life cycle and associated changes.

Within this market, public cloud will remain the largest segment because it meets the demand for scalability and provides pay per usage pricing strategy and can be deployed easily.

APAC is expected to witness highest growth over the forecast period due to high adoption of CSB along with significant advancements in telecommunication and cloud computing in the region.

Features of the Global Cloud Service Brokerage Market

Market Size Estimates: Cloud service brokerage market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Cloud service brokerage market size by various segments, such as by service type, platform, deployment model, end use, and region in terms of value ($B).

Regional Analysis: Cloud service brokerage market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different service types, platforms, deployment models, end uses, and regions for the cloud service brokerage market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the cloud service brokerage market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q.1 What is the cloud service brokerage market size?

Answer: The global cloud service brokerage market is expected to reach an estimated $19.83 billion by 2030.

Q.2 What is the growth forecast for cloud service brokerage market?

Answer: The global cloud service brokerage market is expected to grow with a CAGR of 15.8% from 2024 to 2030.

Q.3 What are the major drivers influencing the growth of the cloud service brokerage market?

Answer: The major drivers for this market are high security concerns related to the data safety and rising adoption of hybrid IT and multi-cloud management.

Q4. What are the major segments for cloud service brokerage market?

Answer: The future of the cloud service brokerage market looks promising with opportunities in the public cloud and private cloud markets.

Q5. Who are the key cloud service brokerage market companies?

Answer: Some of the key cloud service brokerage companies are as follows:

• Accenture
• IBM
• Atos
• Capgemini
• Jamcracker
• Cognizant Technology
• Dxc Technology
• Infosys
• Hewlett Packard Enterprise Development
• Fujitsu

Q6. Which cloud service brokerage market segment will be the largest in future?

Answer: Lucintel forecasts that integration and support will remain largest segment over the forecast period as it aids the organizations in managing their service life cycle and associated changes.

Q7. In cloud service brokerage market, which region is expected to be the largest in next 5 years?

Answer: APAC is expected to witness highest growth over the forecast period due to high adoption of CSB along with significant advancements in telecommunication and cloud computing in the region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the cloud service brokerage market by service type (integration & support, migration & customization, and automation & orchestration), platform (internal brokerage enablement and external brokerage enablement), deployment model (public cloud and private cloud), end use (IT & telecom, BFSI, government & public sector, healthcare, consumer goods & retail, manufacturing, energy & utilities, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?