Global Cloud Services Brokerage Market (2020 to 2025) - Proactive Investments by Enterprises in Cloud-Based Models Presents Opportunities

DUBLIN, Jan. 27, 2021 /PRNewswire/ -- The "Cloud Services Brokerage Market by Service Type (Integration & Support, Migration & Customization, and Automation & Orchestration), Platform, Deployment Model, Organization Size, Vertical, and Region, - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.

The global CSB market size is expected to grow from USD 5.9 billion in 2020 to USD 12.9 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 16.8% during the forecast period.

COVID-19 has globally changed the dynamics of business operations. Though the COVID-19 outbreak has thrown light on weaknesses in business models across sectors, it has offered several opportunities to CSB vendors to expand their business across enterprises as the adoption of cloud has increased in lockdown caused due to COVID-19. Amidst lockdown, many companies are reducing their IT spending in 2020. They are strategically reconsidering their Capital Expenditure (CAPEX) spending. According to one of the primary respondents, companies are showing a keen interest in investing in CAPEX models if they are persistently needed; otherwise, they are opting for Operating Expenditure (OPEX) models. To achieve these strategies and avoid capital spending in these difficult financial times, organizations are moving to public cloud for backup and CSB.

Migration and customization services to help enterprises in achieving flexibility in business operations 

Cloud migration services have gained popularity as enterprises across the globe continue to migrate workloads from on-premises infrastructure to cloud environments for better operational efficiency and cost savings. The demand for cloud services has surged in recent times due to COVID-19, and many enterprises across the regions have shifted enterprise workloads on cloud environment. Therefore, CSB vendors specializing in migration and customization services are in high demand. Cloud brokers offer customization services to the customers as per business needs, which provides better-bundled offerings facilitating higher returns on cloud investments.

Retail and consumer goods vertical to grow at the highest rate during the forecast period

The retail and consumer goods vertical is witnessing a significant transformation due to consumers' rising purchasing power, the availability of digital stores, and enhanced customer experience with the emergence of new-generation offerings for retailers. With the proliferation of the online market, retailers are adopting innovative technologies, such as cloud computing, big data analytics, digital stores, and social media networks. These advancements further invite greater employment in this sector and an increased amount of customer data to exploit. With the advent of eCommerce and online retailers, the retail industry has faced tremendous changes in recent years and has readjusted itself to the new business environment. Shop retailers are adopting more innovative technologies, such as cloud computing and big data analytics, to survive and thrive. Vendors need a comprehensive cloud-computing environment to offer their respective product and service portfolios to customers. Managing the instability and change in demand for various products due to strong competition is a definite challenge. Shop retailers are adopting cloud services brokerage to manage cloud environments, cross-channel shipping options, and inventory to sustain tough competition.

North America to hold the largest market size and Asia Pacific (APAC) to grow at the highest rate during the forecast period

North America is the most mature market in terms of CSB solutions adoption, due to several factors, such as the presence of many enterprises with advanced IT infrastructure, and availability of technical expertise. APAC is expected to offer significant growth opportunities for CSB solutions vendors during the forecast period. Rapid advancements in emerging technologies, IT infrastructure services, and the Internet of Things (IoT) have led many organizations to adopt CSB solutions.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights
4.1 Attractive Growth Opportunities in the Cloud Services Brokerage Market
4.2 Market, by Service Type, 2020 Vs. 2025
4.3 Market, by Deployment Model, 2020 Vs. 2025
4.4 Market, by Vertical, 2020 Vs. 2025
4.5 Cloud Services Brokerage Market: Regional Scenario, 2020-2025

5 Market Overview and Industry Trends
5.1 Introduction
5.1.1 Drivers
5.1.1.1 COVID-19: a Catalyst to Accelerate the Adoption of Cloud-Based Solutions and Services
5.1.1.2 Growing Adoption of Hybrid Cloud and Multi-Cloud Strategies Across Enterprises of Different Industry Verticals
5.1.1.3 Increased Need to Avoid Vendor Lock-In
5.1.2 Restraints
5.1.2.1 Regulatory Compliance Issues
5.1.3 Opportunities
5.1.3.1 Growing Demand Among SMEs
5.1.3.2 Proactive Investments by Enterprises in Cloud-Based Models
5.1.4 Challenges
5.1.4.1 Lack of Awareness and Security Concerns
5.2 COVID-19-Driven Market Dynamics
5.2.1 Drivers and Opportunities
5.2.2 Restraints and Challenges
5.3 Case Study Analysis
5.3.1 Case Study 1: Managing Multi-Cloud Infrastructure
5.3.2 Case Study 2: Marketplace
5.3.3 Case Study 3: Improving Cloud Strategy
5.4 Ecosystem
5.5 Technology Analysis
5.5.1 Artificial Intelligence
5.5.2 Analytics
5.6 Pricing Analysis
5.7 Patent Analysis
5.8 Porter's 5 Forces Analysis

6 Cloud Services Brokerage Market, by Service Type
6.1 Introduction
6.1.1 Service Type: Market Drivers
6.1.2 Service Type: COVID-19 Impact
6.2 Integration and Support
6.3 Automation and Orchestration
6.4 Billing and Provisioning
6.5 Migration and Customization
6.6 Security and Compliance
6.7 Other Services

7 Cloud Services Brokerage Market, by Platform
7.1 Introduction
7.1.1 Platform: Market Drivers
7.1.2 Platform: COVID-19 Impact
7.2 Internal Brokerage Enablement
7.3 External Brokerage Enablement

8 Cloud Services Brokerage Market, by Deployment Model
8.1 Introduction
8.1.1 Deployment Model: Market Drivers
8.1.2 Deployment Model: COVID-19 Impact
8.2 Public Cloud
8.3 Private Cloud

9 Cloud Services Brokerage Market, by Organization Size
9.1 Introduction
9.1.1 Organization Size: Market Drivers
9.1.2 Organization Size: COVID-19 Impact
9.2 Large Enterprises
9.3 Small and Medium-Sized Enterprises

10 Cloud Services Brokerage Market, by Vertical
10.1 Introduction
10.1.1 Verticals: Market Drivers
10.1.2 Verticals: COVID-19 Impact
10.2 Banking, Financial Services, and Insurance
10.3 Telecommunications
10.4 IT and ITES
10.5 Government and Public Sector
10.6 Retail and Consumer Goods
10.7 Manufacturing
10.8 Energy and Utilities
10.9 Media and Entertainment
10.10 Healthcare and Life Sciences
10.11 Other Verticals

11 Cloud Services Brokerage Market, by Region
11.1 Introduction
11.2 North America
11.3 Europe
11.4 Asia-Pacific
11.5 Middle East and Africa
11.6 Latin America

12 Competitive Landscape
12.1 Introduction
12.2 Market Evaluation Framework
12.3 Market Share of Top Vendors
12.4 Revenue Analysis of Top Vendors
12.5 Company Evaluation Quadrant
12.5.1 Definitions and Methodology
12.5.2 Star
12.5.3 Emerging Leaders
12.5.4 Pervasive
12.5.5 Participant
12.6 Strength of Product Portfolio Analysis of Cloud Services Brokerage Vendors
12.7 Business Strategy Excellence Analysis of Cloud Services Brokerage Vendors
12.8 Sme Evaluation Quadrant
12.8.1 Definitions and Methodology
12.8.2 Progressive Vendors
12.8.3 Responsive Vendors
12.8.4 Dynamic Vendors
12.8.5 Participants

13 Company Profiles
13.1 Introduction
13.2 Accenture
13.3 Ibm
13.4 Vmware
13.5 Jamcracker
13.6 Active Platform
13.7 Arrow Electronics
13.8 Cloudmore
13.9 Wipro
13.10 Dxc Technology
13.11 Iportalis
13.12 Cognizant
13.13 Flexera
13.14 Opentext
13.15 Eshgro
13.16 NEC
13.17 AWS
13.18 NTT Data
13.19 Infosys
13.20 Tcs
13.21 Oracle
13.22 Fujitsu
13.23 Microsoft
13.24 Capgemini
13.25 SME Profiles
13.25.1 Doublehorn
13.25.2 Bittitan
13.25.3 Proximitum
13.25.4 Pax8
13.25.5 Incontinuum
13.25.6 Cloudfx
13.25.7 Cloudsme
13.25.8 Shivaami

14 Adjacent Market
14.1 Introduction
14.2 Cloud Computing Market

15 Appendix
15.1 Discussion Guide
15.2 Knowledge Store: The Subscription Portal
15.3 Available Customizations
15.4 Related Reports
15.5 Author Details

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