DUBLIN--(BUSINESS WIRE)--The "Cloud Services Brokerage Market by Service Type (Catalog Management, Workload Management, Operations Management), Platform (Internal Brokerage, External Brokerage), Deployment Model, Organization Size, Vertical, and Region - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.
Growing adoption of multi-cloud management and hybrid IT is expected to fuel the demand for cloud services brokerage across the globe
The global Cloud Services Brokerage (CSB) market is expected to grow from USD 6.78 billion in 2018 to USD 15.03 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 17.3% during the forecast period.
An increasing adoption of multi-cloud approaches that involve dynamic management of a variety of cloud providers and services is one of the major drivers for the CSB market. However, stringent regulations and difficulty in application portability are expected to limit the growth of these solutions.
Brokers help reduce the complexities of an organization by managing the services deployed on the hybrid cloud as well as look after its integration with the applications and systems on-premises. It also looks after the metering, billing, and other settlements with the third-party cloud provider on behalf of the cloud customer. Moreover, brokers help organizations in looking after the process from order till the settlement of services is done. Hence, the demand for these services is expected to increase across verticals.
The CSB market has been segmented by platform into internal brokerage enablement and external brokerage enablement. These internal enablement platforms empower enterprises to provide a unified multi-cloud governance and management experience to their employees. Enterprises utilize internal brokerage enablement platforms for unifying security, policy enforcement, license management, and employee usage monitoring across cloud services. Hence, the CSB market for internal brokerage enablement is expected to hold a larger market size during the forecast period.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview and Industry Trends
6 Cloud Services Brokerage Market, By Service Type
7 Cloud Services Brokerage Market, By Platform
8 Market By Organization Size
9 Cloud Services Brokerage Market, By Deployment Model
10 Cloud Services Brokerage Market, By Vertical
11 Cloud Services Brokerage Market, By Region
12 Competitive Landscape
13 Company Profiles
- Arrow Electronics
- DXC Technology
- Nephos Technologies
- Tech Mahindra
For more information about this report visit https://www.researchandmarkets.com/research/svbbc8/cloud_services?w=4