Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 9.72 Billion | USD 43.44 Billion | 18.1% | 2023 |
The global Cloud Services Brokerage and Enablement Market size was valued at USD 9.72 Billion in 2023 and is predicted to reach USD 43.44 Billion by the end of 2032. The market is expected to grow with a CAGR of 18.1% during the forecast period. The report analyzes the global Cloud Services Brokerage and Enablement Market's growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the arising opportunities in the Cloud Services Brokerage and Enablement industry.
Cloud service brokers act as the mediator or the connection between cloud service suppliers and customers. These are associations that assist the users with choosing the suitable services that convene their needs based on long-term. In the years to come, the global cloud service brokerage and enablement market has been facing elevated demand owing to the persistent uptake of cloud services by numerous industrial verticals. The quick acceptance of hybrid cloud technologies, growing association demand for sole point cloud services access, and the requirement for efficient venture cost saving are fueling the cloud services brokerage and enablement market.
The growth factors fueling the requirement of the operations management service type include cloud customers and service suppliers’ requirements to recognize anomalies in the profits cycle and enhance purchaser on boarding which can be utilized while doing business to make better decisions when it comes to comprehending the economic processes and enhancing purchaser interactions.
The inner brokerage enablement policy is anticipated to have the major market share in the CSB market. The growing worker demands for a sole point to make way for all cloud services, varying from outwardly given cloud services, for instance, software as a service (SaaS) to within operated virtualized communications and appliance services, is a motivating factor for the cloud services brokerage and enablement market segment. Rapidly increasing demand for combined safety measures and hybrid Information Technology (IT) operation designs is driving the global cloud services brokerage and enablement market.
The global cloud service brokerage and enablement market is segmented as follows:
The cloud service brokerage and enablement market by service is segmented into cloud service aggregation, cloud service incorporation, cloud service customization.
The cloud service brokerage and enablement market by the solution is segmented into technology enablement, service, enabler, and provider.
The cloud service brokerage and enablement market, by enterprise size, is segmented into small and medium enterprise (SMEs) and large enterprise.
The global cloud service brokerage and enablement market by end-use industry is segmented into cloud service integration, cloud service incorporation, and cloud service customization.
Report Attributes | Report Details |
---|---|
Report Name | Cloud Services Brokerage and Enablement Market |
Market Size in 2023 | USD 9.72 Billion |
Market Forecast in 2032 | USD 43.44 Billion |
Growth Rate | CAGR of 18.1% |
Number of Pages | 194 |
Key Companies Covered | Capgemini S.A., NEC Corporation, Accenture PLC, Computer Next Inc., Jam cracker, Inc., Arrow Electronics, Inc., IBM Corporation, Liaison Technologies, and Nepos Technologies |
Segments Covered | By service, By the solution, By enterprise size, By end-use industry and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
North America holds the major market share, while APAC is the highest maturing market. Several factors such as continual expansion in the mobile labor force, growing difficulties in businesses, unfettered nature of the internet, and expansion in the acceptance of BYOD are anticipated to motivate companies in APAC region to implement cloud Services brokerage. On the other hand, the growth in the intricate production processes and protection costs in Latin America has pushed many companies in this area to go for cloud services. In addition to this, the majority of the accessible employment in Latin America is not effectively trained or specialized to work in the internal services of the company. SMEs and ventures that belong to a variety of verticals are projected to enhance investments in cloud computing services in the coming years. This is the most important driving force for the appearance of cloud brokerage firms in the province.
Key players in the global cloud service brokerage and enablement market include
By Service
By Solution
By Enterprise Size
By End-use industry
Global Cloud Services Brokerage and Enablement Market: Regional Segments
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