Cloud Services Brokerage Market Recorded 28.97% Y-O-Y Growth Rate in 2021|Evolving Opportunities with Accenture Plc &

NEW YORK, June 28, 2022 /PRNewswire/ — The cloud services brokerage market share is expected to increase by USD 30.07 billion from 2020 to 2025. However, the growth momentum will decelerate at a CAGR of 26.41% as per the latest market report by Technavio. The cloud services brokerage market is fragmented and the vendors are deploying growth strategies such as product innovations and development to compete in the market.  Accenture Plc, Arrow Electronics Inc., Capgemini Services SAS, Cognizant Technology Solutions Corp., Dell Technologies Inc., DXC Technology Co., Fujitsu Ltd., Hewlett Packard Enterprise Co., International Business Machines Corp., and Wipro Ltd. are among some of the major market participants.

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Cloud Services Brokerage Market 2021-2025: Scope

The cloud services brokerage market report covers the following areas:

Cloud Services Brokerage Market 2021-2025: Market Dynamics

Drivers: The key factor driving the cloud services brokerage market growth is access to expertise. Cloud, as a concept and technology, is relatively new in the IT industry, and all enterprises are not aware of the benefits of the technology. However, in the recent past, several enterprises across the world had adopted cloud and hybrid deployment models and without the required expertise in cloud management, many enterprises are not able to realize the full benefits of cloud services.

Trends: The key trend driving the cloud services brokerage market growth is the customization of cloud features. Enterprises require the services of CSPs for different functions. Hence, they require customization, such as a combination of aggregation and integration with other value-added services. Cloud services brokers provide the option of customization using open-source projects such as CompatibleOne. OpenText Cordys, which is a set of proprietary software tools dedicated to the customization of cloud brokering platforms, can also be used.

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Challenges: Latency in the cloud network is one of the key challenges hindering the cloud services brokerage market growth during the retrieval of information from the public cloud infrastructure. The latency in a cloud network is less predictable and further complicated to measure. Tools for measuring latency, such as Ping and Traceroute, are usually not used. There are multiple factors for latency, such as distributed computing, virtualization, and prioritizing traffic. When the cloud environment is larger, it becomes less predictable, and an increase in the workload leads to high variability in service delivery. In the case of virtual machines (VMs), separate networks can lead to packet delay

Cloud Services Brokerage Market 2021-2025: Segmentation Analysis

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Get ready to achieve excellent business outcomes from this exclusive Cloud Services Brokerage Market report by Technavio. The report will include highlights of the overall market which includes frequently asked questions such as –

• What are historical revenue figures and estimated revenue figures as well as CAGR during the forecast timeframe?

• What is the current trend taking place in the market space?

• Which business tactics will influence competitive scenarios along with defining the market’s growth potential?

• What are market drivers, restraints, and challenges impacting demand & growth of the market?

• Which regions & segments will garner massive revenue and emerge as market leaders in upcoming years?

The competitive scenario provided in the Cloud Services Brokerage Market report analyzes, evaluates, and positions companies based on various performance indicators. Some of the factors considered for this analysis include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, growth in market share, etc. Don’t wait, Make a strategic approach & boost your business goals with our Cloud Services Brokerage Market Forecast Report –  Buy Now!

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Table of Contents:

1 Executive Summary

2 Market Landscape

3 Market Sizing

4 Five Forces Analysis

5 Market Segmentation by Deployment

6 Customer landscape

7 Geographic Landscape

8 Drivers, Challenges, and Trends

9 Vendor Landscape

10 Vendor Analysis

11 Appendix

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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Email: media@technavio.com
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SOURCE Technavio