Cloud Services Brokerage Market is expected to witness significant to 2025

1
Cloud Services Brokerage Market will observe
substantial demand from 2019 to 2025 Global
Market Insights, Inc.
Fuel Cell Market size worth 25.5bn by 2024
2
Regional Analysis of Cloud Services Brokerage
Market

• North America leads the global CSB market owing
  to the presence of numerous IT industries and
  telecom vendors that make heavy use of cloud
  platforms. North America presently has 1,928 data
  centers, nearly five times more than Asia
  Pacific, which is ranked second with 419 data
  centers. This extreme proximity of a huge number
  of cloud service brokers and an abundance of
  existing data centers have driven market growth
  in this region.
• The Asia Pacific cloud services brokerage (CSB)
  market is expected to grow rapidly as several
  startups in India and China will bolster the use
  of cloud-based services to reduce infrastructure
  costs and sustain in a highly competitive
  environment. Governments in Asia are also
  investing heavily in cloud-based infrastructures.
  According to an action plan issued by the Chinese
  Ministry of Industry and Information Technology,
  the scale of the cloud-computing industry in
  China is expected to grow more than 2.5 times by
  2019 compared to 2015. However, difficulties in
  application portability and regulatory compliance
  issues can restrain market growth in this region.

3
Application Analysis of Cloud Services Brokerage
Market

• The integration, sourcing, procurement segment
  has the largest cloud services brokerage market
  share due to the rising demand for integration
  services across large enterprises to integrate
  their businesses with clients, third-party
  vendors, and technology partners. Enterprises are
  increasingly adopting cloud-based vendor
  management services to manage orders, billings,
  and other requirements from numerous vendors.
  This will augment the growth in the vendor
  management segment.
• The internal brokerage segment holds the major
  share due to a high demand for unified cloud
  services, SaaS governance, compliance security,
  and spend management for internal employees. As
  the need for integrating vendors, resellers, and
  Cloud Service Providers (CSPs) across various
  time zones, multiple currencies geographical
  locations arise, the external brokerage segment
  is expected to grow.

4
Competitive Market Share of Cloud Services
Market
The major players in the CSB market are
DoubleHorn, Jamcracker, IBM, HPE, RightScale,
Dell, Wipro, Arrow Electronics, ActivePlatform,
Cloudmore, InContinuum, DXC Technology,
Cognizant, BitTitan, Nephos Technologies,
OpenText, ComputeNext, CloudFX, Fujitsu, Tech
Mahindra, Atos, Cloudreach, Neostratus, and
Proximitum. These providers are focusing on
product enhancements to serve a variety of
demands and provide better data security. For
instance, in June 2018, Atos SE improved its
hybrid cloud data security by introducing a new
set of cloud security brokerage solutions. Also,
mergers acquisitions continue to remain the
major strategy. In October 2018, BMC Software,
Inc. acquired CorreLog, Inc. to deliver real-time
security management to its mainframe customers.
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Segments
Cloud Services Brokerage (CSB) Market, By
Service Type, 2014-2025 (USD Million) Catalog
Management Integration Operations
Management Reporting and Analytics Security
and Compliance Support and Maintenance Trainin
g and Consulting Workload Management Cloud
Services Brokerage Market, By Platform, 2014-2025
(USD Million) Internal Brokerage
Enablement External Brokerage Enablement CSB
Market, By Organization Size, 2014-2025 (USD
Million) Large enterprise SME
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