Cloud Service Brokerage Market By Platform (Internal Brokerage Enablement, External Brokerage Enablement) By Deployment Mode (Private Cloud, Public Cloud, Hybrid Cloud), By Organization Size (SMEs, Large Enterprises), By End-user (IT & Telecom, Healthcare, Government, Manufacturing, Others) - Growth, Future Prospects, And Competitive Analysis, 2019 - 2027
Key Market Insights
"Rapid adoption of cloud technology will spur the market revenue growth"
The global cloud service brokerage market was valued at US$ 5.03 Bn in 2018 and is anticipated to grow to US$ 19.44 Bn growing at a CAGR of 16.4% throughout the forecast period from 2019 to 2027.
The proliferation in demand of cloud has bolstered the number of cloud providers and has opened a space for cloud brokerage services. Cloud brokers act as an intermediary amid cloud customers and service providers to support customers in choosing the most appropriate cloud service, helping in management of the risk accompanying with cloud services. Many organizations are adopting hybrid cloud in order to accelerate innovation and to create new business model and revenue streams.
Cloud service brokerage assists in solving the issues hybrid cloud has introduced including lack of visibility and control, security risks, and non-compliant IT environment among others. In addition, cloud service brokerage also provides many services including application assessment, cloud compare, estimate billing, cost management, and financial reporting among others. Thus proliferating the demand for the cloud service brokerage market.
Platform Analysis
"External brokerage segment to register maximum growth throughout the forecast period"
Based on platform, internal brokerage enablement segment accounted for approximately 50% of revenue share of the total market revenue generated worldwide. This is due to the benefits offered by internal cloud brokerage such as spend management, compliance, license management & support and reduced costs among others. Organizations developing in-house cloud broking software remain an exception to date. In addition, IT departments can make better decisions to actively support multi-cloud strategy and position themselves as true partners that enables business and can also fortify their impact on in-house IT.
In contrast, external brokerage enablement segment is estimated to register maximum growth during the forecast period. Owing to the product offerings by many third party service providers who are delivering fast track solutions to pressing challenges. In addition, external cloud brokerage provides varied sets of benefits including enablement of channels, management of administrative activities, and multi-tenancy cloud delivery system among others.
End-user Analysis
"IT & Telecom segment is expected to be dominant during the forecast period"
Based on end-use, the global cloud service brokerage market is segmented into BFSI, IT & Telecom, Healthcare, Government, Manufacturing, and Others (Education, Logistics, & Retail etc.). IT & Telecom, segment leads the market with more than 20% of market share in terms of revenue. This can be attributed to growing inclination towards hybrid IT and high demand to manage and integrate IaaS, SaaS, and PaaS platforms across the organizations. Large enterprises are rapidly adopting cloud service brokers due to the benefits associated with it and to gain a competitive edge in the market.
In comparison, BFSI segment is estimated to register highest growth during the forecast period. This can be attributed to the rapid adoption of cloud technology in banking sector. According to a report by PwC, Public cloud will become dominant infrastructure model by 2020 for FinTech, and will thus boost the market demand of cloud service brokerage market.
Regional Analysis
"Increasing number of startups to bolster the growth in Asia Pacific region"
In 2018, North America was the leading revenue contributor to the global cloud service brokerage market with a market share of more than 35%. North America is anticipated to remain dominant throughout the forecast period trailed by Asia Pacific. This is due to North America being the early adopter of technology, availability of state-of–the-art infrastructure and the presence of major IT & Telecom service providers in the region with significant cloud adoption will bolster the cloud service brokerage market growth in this region.
On the contrary, Asia Pacific region is projected to record significant growth during the forecast period. This growth can be associated with the exponential growth of cloud services adoption among businesses, high investment in research and development, support by government for cloud integration are proliferating the growth in this segment. In addition, an increasing number of IT startups in developing economies such as China and India along with growing demand for cloud-based solutions is further fuelling the market growth.
List of Companies Covered:
- Capegemini SE
- Accenture Plc
- IBM Corporation
- Cognizant Technology Solutions Corporation
- Atos SE
- Jamcracker, Inc.
- Wipro Ltd.
- Tech Mahindra Ltd.
- Fujitsu Ltd.
- OpenText Corporation
- Oracle Corporation
Key Industry Development:
- In June 2018, Atos SE, introduced a new cloud access security broker service using McAfee Skyhigh Security Cloud to mitigate risks related to security policy across hybrid IT environments.
Historical & Forecast Period
This study report represents analysis for each segment from 2017 to 2027 considering 2018 to be the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period from 2019 to 2027.
Market Segmentation
| ATTRIBUTE | DETAILS |
|---|---|
| Research Period | 2017-2027 |
| Base Year | 2018 |
| Forecast Period | 2019-2027 |
| Historical Year | 2017 |
| Unit | USD Billion |
| Segmentation |
Platform Segment (2017–2027; US$ Bn) |
|
Deployment Mode Segment (2017–2027; US$ Bn) |
|
|
Organization Size Segment (2017–2027; US$ Bn) |
|
|
End-user Segment (2017–2027; US$ Bn) |
|
|
Geography Segment (2017–2027; US$ Bn) |
The current report also comprehends qualitative and qualitative market valuation factors such as key market drivers, market trends, restraints and opportunities that gives a better market understanding of the overall cloud service brokerage market. Additionally, the global report also comprises graphical representation of competitive landscape based on their market initiatives and strategies, product portfolio and business strengths.
Key questions answered in this report
- What are the current market trends and dynamics in the cloud service brokerage market and valuable opportunities for emerging players?
- Estimated forecast and market projections up to 2027
- Which segment accounts for the fastest CAGR during the forecast period?
- Which product type segment holds a larger market share and why?
- Are low and middle-income economies investing in the cloud service brokerage market?
- Which is largest regional market for infrared detectors?
- What is the market trend and dynamics in emerging markets such as Asia Pacific, Latin America and Middle East & Africa?
- Worldwide market value of the cloud service brokerage market in 2017 and 2018
- Which are the key trends driving the global cloud service brokerage market growth?
- Who are the leading service providers in the cloud service brokerage market worldwide?
1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Platform
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.3.4. Approach Adopted
1.3.4.1. Top-Down Approach
1.3.4.2. Bottom-Up Approach
1.3.5. Assumptions
1.4. Market Segmentation
2. Executive Summary
2.1. Market Snapshot: Global Cloud Service Brokerage (CSB) Market
2.2. Global CSB Market, by Platform, 2018 (US$ Bn)
2.3. Global CSB Market, by Deployment Mode, 2018 (US$ Bn)
2.4. Global CSB Market, by Organization Size, 2018 (US$ Bn)
2.5. Global CSB Market, by End-user, 2018 (US$ Bn)
2.6. Global CSB Market, by Geography, 2018 (US$ Bn)
3. Market Dynamics
3.1. Introduction
3.1.1. Global CSB Market Value, 2017-2027, (US$ Bn)
3.2. Market Dynamics
3.2.1. Market Drivers
3.2.2. Market Restraints
3.3. Attractive Investment Proposition, by Geography, 2018
3.4. Market Positioning of Key Players, 2018
3.4.1. Major Strategies Adopted by Key Players
4. Global Cloud Service Brokerage (CSB) Market, by Platform , 2017-2027 (US$ Bn)
4.1. Overview
4.2. Internal Brokerage Enablement
4.3. External Brokerage Enablement
5. Global Cloud Service Brokerage (CSB) Market, by Deployment Mode, 2017-2027 (US$ Bn)
5.1. Overview
5.2. Private Cloud
5.3. Public Cloud
5.4. Hybrid Cloud
6. Global Cloud Service Brokerage (CSB) Market, by Organization Size, 2017-2027 (US$ Bn)
6.1. Overview
6.2. SMEs
6.3. Large Enterprises
7. Global Cloud Service Brokerage (CSB) Market, by End-user, 2017-2027 (US$ Bn)
7.1. Overview
7.2. BFSI
7.3. IT & Telecom
7.4. Healthcare
7.5. Government
7.6. Manufacturing
7.7. Others (Education, Logistics, & Retail etc.)
8. North America Cloud Service Brokerage (CSB) Market Analysis, 2017-2027 (US$ Bn)
8.1. Overview
8.1.1. North America CSB Market Value and Growth, 2017-2027, (US$ Bn)
8.2. North America CSB Market Value, By Platform, 2017-2027 (US$ Bn)
8.2.1. Market Analysis
8.3. North America CSB Market Value, By Deployment Mode, 2017-2027 (US$ Bn)
8.3.1. Market Analysis
8.4. North America CSB Market Value, By Organization Size, 2017-2027 (US$ Bn)
8.4.1. Market Analysis
8.5. North America CSB Market Value, By End-user, 2017-2027 (US$ Bn)
8.5.1. Market Analysis
8.6. North America CSB Market Value, By Region/Country, 2017-2027 (US$ Bn)
8.6.1. Market Analysis
8.6.2. U.S.
8.6.3. Rest of North America
9. Europe Cloud Service Brokerage (CSB) Market Analysis, 2017-2027 (US$ Bn)
9.1. Overview
9.1.1. Europe CSB Market Value and Growth, 2017-2027, (US$ Bn)
9.2. Europe CSB Market Value, By Platform, 2017-2027 (US$ Bn)
9.2.1. Market Analysis
9.3. Europe CSB Market Value, By Deployment Mode, 2017-2027 (US$ Bn)
9.3.1. Market Analysis
9.4. Europe CSB Market Value, By Organization Size, 2017-2027 (US$ Bn)
9.4.1. Market Analysis
9.5. Europe CSB Market Value, By End-user, 2017-2027 (US$ Bn)
9.5.1. Market Analysis
9.6. Europe CSB Market Value, By Region/Country, 2017-2027 (US$ Bn)
9.6.1. Market Analysis
9.6.2. U.K.
9.6.3. Germany
9.6.4. France
9.6.5. Rest of Europe
10. Asia Pacific Cloud Service Brokerage (CSB) Market Analysis, 2017-2027 (US$ Bn)
10.1. Overview
10.1.1. Asia Pacific CSB Market Value and Growth, 2017-2027, (US$ Bn)
10.2. Asia Pacific CSB Market Value, By Platform, 2017-2027 (US$ Bn)
10.2.1. Market Analysis
10.3. Asia Pacific CSB Market Value, By Deployment Mode, 2017-2027 (US$ Bn)
10.3.1. Market Analysis
10.4. Asia Pacific CSB Market Value, By Organization Size, 2017-2027 (US$ Bn)
10.4.1. Market Analysis
10.5. Asia Pacific CSB Market Value, By End-user, 2017-2027 (US$ Bn)
10.5.1. Market Analysis
10.6. Asia Pacific CSB Market Value, By Region/Country, 2017-2027 (US$ Bn)
10.6.1. Market Analysis
10.6.2. Japan
10.6.3. China
10.6.4. India
10.6.5. Rest of Asia Pacific
11. Rest of the World Cloud Service Brokerage (CSB) Market Analysis, 2017-2027 (US$ Bn)
11.1. Overview
11.1.1. Rest of the World CSB Market Value and Growth, 2017-2027, (US$ Bn)
11.2. Rest of the World CSB Market Value, By Platform, 2017-2027 (US$ Bn)
11.2.1. Market Analysis
11.3. Rest of the World CSB Market Value, By Deployment Mode, 2017-2027 (US$ Bn)
11.3.1. Market Analysis
11.4. Rest of the World CSB Market Value, By Organization Size, 2017-2027 (US$ Bn)
11.4.1. Market Analysis
11.5. Rest of the World CSB Market Value, By End-user, 2017-2027 (US$ Bn)
11.5.1. Market Analysis
11.6. Rest of the World CSB Market Value, By Region, 2017-2027 (US$ Bn)
11.6.1. Market Analysis
11.6.2. Middle East & Africa
11.6.3. Latin America
12. Company Profiles
12.1. Capegemini SE
12.2. Accenture Plc
12.3. IBM Corporation
12.4. Cognizant Technology Solutions Corporation
12.5. Atos SE
12.6. Jamcracker, Inc.
12.7. Wipro Ltd.
12.8. Tech Mahindra Ltd.
12.9. Fujitsu Ltd.
12.10. OpenText Corporation
12.11. Oracle Corporation
* Here we are using CSB as a short form of Cloud Service Brokerage
TABLE 1 Market Snapshot: Global Cloud Service Brokerage (CSB) Market
TABLE 2 Global CSB Market, by Platform, 2017–2027 (US$ Bn)
TABLE 3 Global CSB Market, by Deployment Mode, 2017–2027 (US$ Bn)
TABLE 4 Global CSB Market, by Organization Size, 2017–2027 (US$ Bn)
TABLE 5 Global CSB Market, by End-user, 2017–2027 (US$ Bn)
TABLE 6 Global CSB Market, by Geography, 2017–2027 (US$ Bn)
TABLE 7 North America CSB Market, by Platform, 2017–2027 (US$ Bn)
TABLE 8 North America CSB Market, by Deployment Mode, 2017–2027 (US$ Bn)
TABLE 9 North America CSB Market, by Organization Size, 2017–2027 (US$ Bn)
TABLE 10 North America CSB Market, by End-user, 2017–2027 (US$ Bn)
TABLE 11 North America CSB Market, by Country, 2017–2027 (US$ Bn)
TABLE 12 Europe CSB Market, by Platform, 2017–2027 (US$ Bn)
TABLE 13 Europe CSB Market, by Deployment Mode, 2017–2027 (US$ Bn)
TABLE 14 Europe CSB Market, by Organization Size, 2017–2027 (US$ Bn)
TABLE 15 Europe CSB Market, by End-user, 2017–2027 (US$ Bn)
TABLE 16 Europe CSB Market, by Country, 2017–2027 (US$ Bn)
TABLE 17 Asia Pacific CSB Market, by Country/Region, 2017–2027 (US$ Bn)
TABLE 18 Asia Pacific CSB Market, by Platform, 2017–2027 (US$ Bn)
TABLE 19 Asia Pacific CSB Market, by Deployment Mode, 2017–2027 (US$ Bn)
TABLE 20 Asia Pacific CSB Market, by Organization Size, 2017–2027 (US$ Bn)
TABLE 21 Asia Pacific CSB Market, by End-user, 2017–2027 (US$ Bn)
TABLE 22 Asia Pacific CSB Market, by Country/Region, 2017–2027 (US$ Bn)
TABLE 23 RoW CSB Market, by Platform, 2017–2027 (US$ Bn)
TABLE 24 RoW CSB Market, by Deployment Mode, 2017–2027 (US$ Bn)
TABLE 25 RoW CSB Market, by Organization Size, 2017–2027 (US$ Bn)
TABLE 26 RoW CSB Market, by End-user, 2017–2027 (US$ Bn)
TABLE 27 RoW CSB Market, by Country/Region, 2017–2027 (US$ Bn)
TABLE 28 Capegemini SE Company.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Developments)
TABLE 29 Accenture Plc: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Developments)
TABLE 30 IBM Corporation: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Developments)
TABLE 31 Cognizant Technology Solutions Corporation.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Developments)
TABLE 32 Atos SE: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Developments)
TABLE 33 Jamcracker, Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Developments)
TABLE 34 Wipro Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Developments)
TABLE 35 Tech Mahindra, Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Developments)
TABLE 36 Fujitsu Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Developments)
TABLE 37 OpenText Corporation: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Developments)
TABLE 38 Oracle Corporation: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Developments)
FIG. 1 Global Cloud Service Brokerage (CSB) Market: Research Methodology
FIG. 2 Market Size Estimation – Top Down & Bottom up Approach
FIG. 3 Global CSB Market Segmentation
FIG. 4 Global CSB Market, by Platform, 2018 (US$ Bn)
FIG. 5 Global CSB Market, by Deployment Mode, 2018 (US$ Bn)
FIG. 6 Global CSB Market, by Organization Size, 2018 (US$ Bn)
FIG. 7 Global CSB Market, by End-user, 2018 (US$ Bn)
FIG. 8 Global CSB Market, by Geography, 2018 (US$ Bn)
FIG. 9 Attractive Investment Proposition, by Geography, 2018
FIG. 10 Global Market Positioning of Key CSB Market Vendors, 2018
FIG. 11 Global CSB Market, by Platform, 2017–2027 (US$ Bn)
FIG. 12 Global CSB Market, by Internal Brokerage Enablement, Value, 2017–2027 (US$ Bn)
FIG. 13 Global CSB Market, by External Brokerage Enablement, Value, 2017–2027 (US$ Bn)
FIG. 14 Global CSB Market, by Deployment Mode, 2017–2027 (US$ Bn)
FIG. 15 Global CSB Market, by Private Cloud, Value, 2017–2027 (US$ Bn)
FIG. 16 Global CSB Market, by Public Cloud, Value, 2017–2027 (US$ Bn)
FIG. 17 Global CSB Market, by Hybrid Cloud, Value, 2017–2027 (US$ Bn)
FIG. 18 Global CSB Market, by Organization Size, Value, 2017–2027 (US$ Bn)
FIG. 19 Global CSB Market, by Large enterprises, Value, 2017–2027 (US$ Bn)
FIG. 20 Global CSB Market, by SMEs, Value, 2017–2027 (US$ Bn)
FIG. 21 Global CSB Market, by End-user, Value, 2017–2027 (US$ Bn)
FIG. 22 Global CSB Market, by BFSI, 2017–2027 (US$ Bn)
FIG. 23 Global CSB Market, by IT & Telecom, Value, 2017–2027 (US$ Bn)
FIG. 24 Global CSB Market, by Healthcare, Value, 2017–2027 (US$ Bn)
FIG. 25 Global CSB Market, by Government, Value, 2017–2027 (US$ Bn)
FIG. 26 Global CSB Market, by Manufacturing, Value, 2017–2027 (US$ Bn)
FIG. 27 Global CSB Market, by Transport, Value, 2017–2027 (US$ Bn)
FIG. 28 Global CSB Market, by Others ((Education, Logistics, & Retail etc.), Value, 2017–2027 (US$ Bn)
FIG. 29 U.S. CSB Market, 2017–2027 (US$ Bn)
FIG. 30 Canada CSB Market, 2017–2027 (US$ Bn)
FIG. 31 U.K. CSB Market, 2017–2027 (US$ Bn)
FIG. 32 Germany CSB Market, 2017–2027 (US$ Bn)
FIG. 33 France CSB Market, 2017–2027 (US$ Bn)
FIG. 34 Italy CSB Market, 2017–2027 (US$ Bn)
FIG. 35 Rest of Europe CSB Market, 2017–2027 (US$ Bn)
FIG. 36 Japan CSB Market, 2017–2027 (US$ Bn)
FIG. 37 China CSB Market, 2017–2027 (US$ Bn)
FIG. 38 India CSB Market, 2017–2027 (US$ Bn)
FIG. 39 Rest of Asia Pacific CSB Market, 2017–2027 (US$ Bn)
FIG. 40 Middle East & Africa CSB Market, 2017–2027 (US$ Bn)
FIG. 41 Latin America CSB Market, 2017–2027 (US$ Bn)
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