Home > > Global Cloud Services Brokerage Market Report
The Cloud Services Brokerage market was valued at $5,918.2 Million in 2022, and is projected to reach $43,728.6 Million by 2032 growing at a CAGR of 22.22% from 2023 to 2032.Cloud Services Brokerage (CSB) refers to a business model that involves intermediation in the buying, selling, and management of cloud services. A CSB acts as a mediator between cloud service consumers and providers, offering a range of services such as consultation, integration, optimization, and support. Some of the key drivers of the CSB market include the increasing adoption of cloud computing, the need for better management of cloud services, and the growing demand for personalized and bundled cloud services. Opportunities in the CSB market include the expanding market for cloud services, the potential for new business models such as white-labeling and reselling, and the emergence of new technologies such as artificial intelligence and the Internet of Things. Trends in the CSB market include the consolidation of the market through mergers and acquisitions, the increasing focus on vertical specialization and niche markets, and the growth of managed services and professional services. Some of the top companies in the CSB market include IBM, Hewlett Packard Enterprise (HPE), Accenture, DXC Technology, and Capgemini. These companies have made various developments in recent years to strengthen their position in the market, such as partnering with cloud providers, acquiring other CSBs, and expanding their offerings to include new services and technologies.