Amid the COVID-19 crisis, the global market for Cloud Services Brokerage (CSB) estimated at US$9 Billion in the year 2020, is projected to reach a revised size of US$28.2 Billion by 2027, growing at a CAGR of 17.8% over the period 2020-2027.
The U. S. Accounts for Over 29.6% of Global Market Size in 2020, While China is Forecast to Grow at a 17.1% CAGR for the Period of 2020-2027
The Cloud Services Brokerage (CSB) market in the U. S. is estimated at US$2.7 Billion in the year 2020. The country currently accounts for a 29.62% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$4.9 Billion in the year 2027 trailing a CAGR of 17.1% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 15.8% and 15.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 13.1% CAGR while Rest of European market (as defined in the study) will reach US$4.9 Billion by the year 2027.The publisher brings years of research experience to this 16th edition of our report. The 103-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Competitors identified in this market include, among others
- Accenture Plc
- BMC Software, Inc.
- Capgemini S. A
- Cisco Systems Inc.
- Cloudability Inc.
- Dell Boomi
- DoubleHorn, LLC
- IBM Corp.
- Jamcracker, Inc.
- Liaison Technologies, Inc.
- OpenText Corp
- RightScale, Inc.
- Veeam® Software
The global analysis and forecast periods covered within the report are 2020-2027 (Current & Future Analysis) and 2012-2019 (Historic Review). Research estimates are provided for 2020, while research projections cover the period 2021-2027.
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Commoditization of Cloud Computing Spawns the Evolution of Cloud Service Brokerage
Cloud Exchanges: The Next Chapter in the Cloud Brokerage Story
Recent Market Activity
Management Overheads Associated With Multi-Cloud Sourcing Strategy Brings Third Party Cloud Services Brokerage Under the Spotlight
Elimination of Vendor Lock-In: The Primary Tenet of Cloud Brokerage
Cloud Service Providers too Stand to Benefit from Third Party Cloud Services Brokerage
Asia-Pacific: An Emerging Opportunity for CSBs
Cloud Brokers Focus On the Development of App Stores as the First Step Towards Establishing White Label Cloud Service Marketplace
Availability of Platforms for Establishing P2P Marketplace Allows White Labelling of Cloud Brokerage
Innovation & Service Differentiation: Key Strategies to Stay Afloat in the Market in the Highly Competitive Market
Global Competitor Market Shares
Cloud Services Brokerage (CSB) Competitor Market Share Scenario Worldwide (in %): 2020 & 2029
Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
Accenture Plc (Ireland)
BMC Software, Inc. (USA)
Capgemini S.A (France)
Cloudability Inc. (USA)
Dell Boomi (USA)
DoubleHorn, LLC (USA)
Jamcracker, Inc. (USA)
Liaison Technologies, Inc. (USA)
OpenText Corp (Canada)
RightScale, Inc (USA)
Veeam® Software. (Switzerland)
3. MARKET TRENDS & DRIVERS
Rise of Multi-Cloud Environment Expands the Addressable Market Opportunity for Cloud Services Brokerage
Growing Focus on Internally Handling Cloud Brokerage Functions Spurs Sales of CSB Enablement Solutions
Robust Adoption of Public Cloud Services Provides the Foundation for Growth
Rise of Federated Clouds & the Need to Optimize Costs & Leverage Cheap Spare Cloud Capacity of Service Providers While Circumventing the Caveat to Discounts Drives New Service Opportunities for CSBs
Growing Security Concerns of Cloud Services to Boost Demand for CSBs
Rising Demand for Hybrid IT & Multi-Sourced Operating Models Augurs Well for the Market
SMBs to Drive Growth in Cloud Brokerage Market
High Profile Cloud Aggregators Role Continues to Evolve
Telecom Service Providers Make a Mark as Cloud Aggregators
Issues & Challenges
Emergence of Branded Private Cloud Marketplaces Magnifies the Risk of CSP & Broker Lock-Ins
Lack of Definite Framework for Defining Cloud Service Brokerage Fuels Confusion
Inadequate Awareness Levels
4. GLOBAL MARKET PERSPECTIVE
TABLE 1: Cloud Services Brokerage (CSB) Global Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027
TABLE 2: Cloud Services Brokerage (CSB) Market Share Shift across Key Geographies Worldwide: 2020 VS 2027
III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS
Market Facts & Figures
TABLE 3: United States Cloud Services Brokerage (CSB) Market Estimates and Projections in US$ Million: 2020 to 2027
TABLE 4: Canadian Cloud Services Brokerage (CSB) Market Estimates and Forecasts in US$ Million: 2020 to 2027
TABLE 5: Japanese Market for Cloud Services Brokerage (CSB): Annual Sales Estimates and Projections in US$ Million for the Period 2020-2027
TABLE 6: Chinese Cloud Services Brokerage (CSB) Market Growth Prospects in US$ Million for the Period 2020-2027
Market Facts & Figures
TABLE 7: European Cloud Services Brokerage (CSB) Market Demand Scenario in US$ Million by Region/Country: 2018-2025
TABLE 8: European Cloud Services Brokerage (CSB) Market Share Shift by Region/Country: 2020 VS 2027
TABLE 9: Cloud Services Brokerage (CSB) Market in France: Estimates and Projections in US$ Million for the Period 2020-2027
TABLE 10: Cloud Services Brokerage (CSB) Market in Germany: Recent Past, Current and Future Analysis in US$ Million for the Period 2020-2027
TABLE 11: Italian Cloud Services Brokerage (CSB) Market Growth Prospects in US$ Million for the Period 2020-2027
TABLE 12: United Kingdom Market for Cloud Services Brokerage (CSB): Annual Sales Estimates and Projections in US$ Million for the Period 2020-2027
REST OF EUROPE
TABLE 13: Rest of Europe Cloud Services Brokerage (CSB) Market Estimates and Forecasts in US$ Million: 2020-2027
TABLE 14: Cloud Services Brokerage (CSB) Market in Asia-Pacific: Estimates and Projections in US$ Million for the Period 2020-2027
REST OF WORLD
TABLE 15: Rest of World Cloud Services Brokerage (CSB) Market Estimates and Forecasts in US$ Million: 2020 to 2027
Total Companies Profiled: 55