Global Cloud Services Brokerage Market 2018-2022

Global Cloud Services Brokerage Market 2018-2022

  • December 2018 •
  • 105 pages •
  • Report ID: 5658107 •
  • Format: PDF
About this market

The increasing use of advanced technologies to drive growth in the market. Several enterprises across the globe are adopting advanced technologies such as AI, Blockchain, IoT, AR, VR, and augmented reality (AR) to become customer friendly. Hence, the volume of data which are stored in the cloud is increasing which is driving the demand for cloud services brokerage. Technavio’s analysts have predicted that the cloud services brokerage market will register a CAGR of more than 17% by 2022.

Market Overview
Access to expertise
Cloud as a concept and technology is relatively new in the industry, and all enterprises are not aware of the benefits of the technology. However, recently many enterprises have adopted the technology which has increased the demand for expertise like cloud service brokers.
Concerns about data privacy
Advances in technology have made the data stored in the cloud vulnerable to cyber threats. Hackers can gain access to cloud-based data storage systems as the infrastructure is based upon architecture and shared resources.
For the detailed list of factors that will drive and challenge the growth of the cloud services brokerage market during the 2018-2022, view our report.

Competitive Landscape
The market appears to be fragmented and with the presence of several companies including Accenture and ActivePlatform the competitive environment is quite intense. Factors such as the demand for expertise like cloud service brokers and the increasing use of advanced technologies, will provide considerable growth opportunities to cloud services brokerage manufactures. Accenture, ActivePlatform, Capgemini, Cognizant, and IBM are some of the major companies covered in this report.