DUBLIN--(BUSINESS WIRE)--The "Cloud Services Brokerage Market by Service Type, Platform, Deployment Model, Organization Size, Vertical and Region - Global Forecast to 2021" report has been added to Research and Markets' offering.
The Cloud Services Brokerage (CSB) market size is expected to grow from USD 4.50 billion in 2016 to USD 9.52 billion by 2021, at a Compound Annual Growth Rate (CAGR) of 16.2% due to the increasing organizational demand for single point cloud services access, thus achieving effective enterprise cost savings and freeing up of internal Information Technology (IT) human resources. However, surviving the CSB hype cycle and application portability on various cloud environments are the major restraints in the overall growth of the market.
The implementation of workload management among businesses is expected to have the highest CAGR during the forecast period. The migration of workloads seems challenging for organizations, and the brokers help in eliminating the challenge. CSBs determine the best cloud service for a workload after taking into consideration certain parameters, such as regulatory compliance, location, technical compatibility, performance requirements, and cost.
The external brokerage enablement of the CSB market is projected to have the highest CAGR during the forecast period. The external brokerage enablement platform enables service providers, IT & telecom providers, System Integrators (SIs), and others to position themselves as cloud service brokers by operating their private cloud marketplaces. The technology vendors and SIs are also empowered to provide their value-added services on top of core cloud offerings through external brokerage enablement platforms. The external brokerage enablement segment is expected to grow in the coming years due to the number of business benefits and opportunities that it offers to various technology and service providers.
Companies Mentioned
- Accenture PLC
- Arrow Electronics, Inc.
- Capgemini S.A.
- Doublehorn, LLC
- Hewlett Packard Enterprise
- International Business Machines Corporation
- Jamcracker, Inc.
- NEC Corporation
- Nephos Technologies
- Rightscale, Inc.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Cloud Services Brokerage Market Analysis, By Service Type
8 Cloud Services Brokerage Market Analysis, By Platform
9 Cloud Services Brokerage Market Analysis, By Deployment Model
10 Cloud Services Brokerage Market Analysis, By Organization Size
11 Cloud Services Brokerage Market Analysis, By Vertical
12 Geographic Analysis
13 Competitive Landscape
14 Company Profiles
15 Key Innovators
For more information about this report visit https://www.researchandmarkets.com/research/fnznxs/cloud_services