Product Code: ETC13300137 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Shubham Deep | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Cloud Service Brokerage Market was valued at USD 7.2 Billion in 2024 and is expected to reach USD 14.6 Billion by 2031, growing at a compound annual growth rate of 10.88% during the forecast period (2025-2031).
The Global Cloud Service Brokerage Market is experiencing steady growth due to the increasing adoption of cloud services across various industries. Cloud service brokerage refers to the intermediation between cloud service providers and end-users, offering services such as cloud service aggregation, integration, customization, and consulting. This market is driven by the demand for efficient management of multi-cloud environments, cost optimization, and the need for seamless integration of different cloud services. Key players in the market are focusing on developing innovative solutions to address the challenges faced by organizations in managing complex cloud ecosystems. North America currently dominates the market, but the Asia-Pacific region is expected to witness significant growth due to increasing cloud adoption in emerging economies. Overall, the Global Cloud Service Brokerage Market is poised for continued expansion as organizations seek to maximize the benefits of cloud services while ensuring optimal performance and security.
The Global Cloud Service Brokerage Market is experiencing significant growth due to the increasing adoption of cloud services by organizations looking to optimize their operations. Key trends in the market include the rising demand for hybrid cloud solutions, the emergence of multi-cloud strategies, and the focus on enhancing security and compliance in cloud environments. Opportunities in the market lie in providing value-added services such as cloud integration, management, and optimization to help businesses navigate complex cloud ecosystems effectively. Additionally, the integration of technologies like artificial intelligence and machine learning into cloud service brokerage platforms presents a promising growth avenue. Overall, the market is poised for expansion as businesses seek to leverage the benefits of cloud services while addressing challenges related to complexity and security.
The Global Cloud Service Brokerage Market faces several challenges, including the complexity of integrating multiple cloud services from different providers, ensuring seamless interoperability across various platforms, addressing security and compliance concerns, and managing costs effectively. Additionally, the rapid evolution of cloud technologies and the dynamic nature of the market create difficulties in staying updated with the latest trends and offerings. Moreover, the lack of standardized practices and metrics for evaluating service quality and performance poses a challenge for both service providers and customers. Overall, navigating these challenges requires a deep understanding of the market landscape, strong partnerships with cloud service providers, robust cybersecurity measures, and a strategic approach to optimizing cloud service delivery and management.
The Global Cloud Service Brokerage Market is primarily driven by the increasing adoption of cloud computing services across various industries, leading to a growing demand for efficient management of multiple cloud services. Organizations are seeking ways to optimize their cloud resources, enhance operational efficiency, and reduce costs, which has propelled the adoption of cloud service brokerage solutions. Additionally, the complexity of managing diverse cloud services and the need for centralized control and governance further contribute to the market growth. The rise of hybrid and multi-cloud environments, along with the emphasis on digital transformation initiatives, also play a significant role in driving the demand for cloud service brokerage services, as enterprises look for seamless integration and management of their cloud ecosystems.
Government policies related to the Global Cloud Service Brokerage Market vary by country and region but generally focus on data privacy, security, and compliance regulations. For example, in the European Union, the General Data Protection Regulation (GDPR) sets strict guidelines for the collection and processing of personal data, impacting how cloud service brokers handle customer information. In the United States, laws such as the Health Insurance Portability and Accountability Act (HIPAA) and the Gramm-Leach-Bliley Act (GLBA) regulate the use of cloud services in healthcare and financial sectors, respectively. Additionally, various countries have implemented data localization requirements, mandating that certain data must be stored within their borders. These policies influence how cloud service brokers operate, emphasizing the importance of compliance and data protection in the market.
The Global Cloud Service Brokerage Market is poised for significant growth in the coming years as businesses increasingly adopt cloud services to enhance efficiency and scalability. As companies seek to optimize their cloud service usage and minimize complexities associated with multi-cloud environments, the demand for cloud service brokerage solutions is expected to surge. Factors such as the rising adoption of hybrid cloud environments, need for cost-effective cloud management, and growing reliance on digital transformation initiatives will drive market expansion. Additionally, advancements in technologies like AI and automation will further propel market growth by enabling more streamlined and efficient cloud service brokerage operations. Overall, the Global Cloud Service Brokerage Market is projected to experience robust growth and innovation as organizations continue to leverage cloud services for digital transformation and business agility.
In the Global Cloud Service Brokerage Market, Asia is projected to experience rapid growth driven by increasing adoption of cloud technology in countries like China and India. North America is expected to maintain its dominant position due to the presence of key market players and advanced cloud infrastructure. Europe is also a significant market with a focus on data privacy and security compliance. The Middle East and Africa region is witnessing a gradual uptake of cloud services, particularly in sectors like banking and healthcare. Latin America is showing promise with growing investments in cloud technology, but challenges related to connectivity and data protection remain. Overall, the global cloud service brokerage market is poised for expansion across all regions, each offering unique opportunities and challenges for market players.
Global Cloud Service Brokerage Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Cloud Service Brokerage Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Cloud Service Brokerage Market Revenues & Volume, 2021 & 2031F |
3.3 Global Cloud Service Brokerage Market - Industry Life Cycle |
3.4 Global Cloud Service Brokerage Market - Porter's Five Forces |
3.5 Global Cloud Service Brokerage Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Cloud Service Brokerage Market Revenues & Volume Share, By Service Type, 2021 & 2031F |
3.7 Global Cloud Service Brokerage Market Revenues & Volume Share, By Platform Type, 2021 & 2031F |
3.8 Global Cloud Service Brokerage Market Revenues & Volume Share, By Deployment Model, 2021 & 2031F |
3.9 Global Cloud Service Brokerage Market Revenues & Volume Share, By Enterprise Size, 2021 & 2031F |
3.10 Global Cloud Service Brokerage Market Revenues & Volume Share, By Industry Verticals, 2021 & 2031F |
4 Global Cloud Service Brokerage Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Cloud Service Brokerage Market Trends |
6 Global Cloud Service Brokerage Market, 2021 - 2031 |
6.1 Global Cloud Service Brokerage Market, Revenues & Volume, By Service Type, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Cloud Service Brokerage Market, Revenues & Volume, By Integration And Support, 2021 - 2031 |
6.1.3 Global Cloud Service Brokerage Market, Revenues & Volume, By Automation And Orchestration, 2021 - 2031 |
6.1.4 Global Cloud Service Brokerage Market, Revenues & Volume, By Billing And Provisioning, 2021 - 2031 |
6.1.5 Global Cloud Service Brokerage Market, Revenues & Volume, By Migration And Customization, 2021 - 2031 |
6.1.6 Global Cloud Service Brokerage Market, Revenues & Volume, By Security And Compliance, 2021 - 2031 |
6.1.7 Global Cloud Service Brokerage Market, Revenues & Volume, By Others, 2021 - 2031 |
6.2 Global Cloud Service Brokerage Market, Revenues & Volume, By Platform Type, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Cloud Service Brokerage Market, Revenues & Volume, By Internal Brokerage Enablement, 2021 - 2031 |
6.2.3 Global Cloud Service Brokerage Market, Revenues & Volume, By External Brokerage Enablement, 2021 - 2031 |
6.3 Global Cloud Service Brokerage Market, Revenues & Volume, By Deployment Model, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Cloud Service Brokerage Market, Revenues & Volume, By Public Cloud, 2021 - 2031 |
6.3.3 Global Cloud Service Brokerage Market, Revenues & Volume, By Private Cloud, 2021 - 2031 |
6.4 Global Cloud Service Brokerage Market, Revenues & Volume, By Enterprise Size, 2021 - 2031 |
6.4.1 Overview & Analysis |
6.4.2 Global Cloud Service Brokerage Market, Revenues & Volume, By Large Enterprise, 2021 - 2031 |
6.4.3 Global Cloud Service Brokerage Market, Revenues & Volume, By Small and Medium-sized Enterprise, 2021 - 2031 |
6.5 Global Cloud Service Brokerage Market, Revenues & Volume, By Industry Verticals, 2021 - 2031 |
6.5.1 Overview & Analysis |
6.5.2 Global Cloud Service Brokerage Market, Revenues & Volume, By Banking, Financial Services, and Insurance (BFSI), 2021 - 2031 |
6.5.3 Global Cloud Service Brokerage Market, Revenues & Volume, By Telecommunications, 2021 - 2031 |
6.5.4 Global Cloud Service Brokerage Market, Revenues & Volume, By Government and Public Sector, 2021 - 2031 |
6.5.5 Global Cloud Service Brokerage Market, Revenues & Volume, By Retail and Consumer Goods, 2021 - 2031 |
6.5.6 Global Cloud Service Brokerage Market, Revenues & Volume, By Healthcare and Life Sciences, 2021 - 2031 |
6.5.7 Global Cloud Service Brokerage Market, Revenues & Volume, By Manufacturing, 2021 - 2031 |
6.5.8 Global Cloud Service Brokerage Market, Revenues & Volume, By Others, 2021 - 2031 |
7 North America Cloud Service Brokerage Market, Overview & Analysis |
7.1 North America Cloud Service Brokerage Market Revenues & Volume, 2021 - 2031 |
7.2 North America Cloud Service Brokerage Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Cloud Service Brokerage Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Cloud Service Brokerage Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Cloud Service Brokerage Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Cloud Service Brokerage Market, Revenues & Volume, By Service Type, 2021 - 2031 |
7.4 North America Cloud Service Brokerage Market, Revenues & Volume, By Platform Type, 2021 - 2031 |
7.5 North America Cloud Service Brokerage Market, Revenues & Volume, By Deployment Model, 2021 - 2031 |
7.6 North America Cloud Service Brokerage Market, Revenues & Volume, By Enterprise Size, 2021 - 2031 |
7.7 North America Cloud Service Brokerage Market, Revenues & Volume, By Industry Verticals, 2021 - 2031 |
8 Latin America (LATAM) Cloud Service Brokerage Market, Overview & Analysis |
8.1 Latin America (LATAM) Cloud Service Brokerage Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Cloud Service Brokerage Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Cloud Service Brokerage Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Cloud Service Brokerage Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Cloud Service Brokerage Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Cloud Service Brokerage Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Cloud Service Brokerage Market, Revenues & Volume, By Service Type, 2021 - 2031 |
8.4 Latin America (LATAM) Cloud Service Brokerage Market, Revenues & Volume, By Platform Type, 2021 - 2031 |
8.5 Latin America (LATAM) Cloud Service Brokerage Market, Revenues & Volume, By Deployment Model, 2021 - 2031 |
8.6 Latin America (LATAM) Cloud Service Brokerage Market, Revenues & Volume, By Enterprise Size, 2021 - 2031 |
8.7 Latin America (LATAM) Cloud Service Brokerage Market, Revenues & Volume, By Industry Verticals, 2021 - 2031 |
9 Asia Cloud Service Brokerage Market, Overview & Analysis |
9.1 Asia Cloud Service Brokerage Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Cloud Service Brokerage Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Cloud Service Brokerage Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Cloud Service Brokerage Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Cloud Service Brokerage Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Cloud Service Brokerage Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Cloud Service Brokerage Market, Revenues & Volume, By Service Type, 2021 - 2031 |
9.4 Asia Cloud Service Brokerage Market, Revenues & Volume, By Platform Type, 2021 - 2031 |
9.5 Asia Cloud Service Brokerage Market, Revenues & Volume, By Deployment Model, 2021 - 2031 |
9.6 Asia Cloud Service Brokerage Market, Revenues & Volume, By Enterprise Size, 2021 - 2031 |
9.7 Asia Cloud Service Brokerage Market, Revenues & Volume, By Industry Verticals, 2021 - 2031 |
10 Africa Cloud Service Brokerage Market, Overview & Analysis |
10.1 Africa Cloud Service Brokerage Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Cloud Service Brokerage Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Cloud Service Brokerage Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Cloud Service Brokerage Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Cloud Service Brokerage Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Cloud Service Brokerage Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Cloud Service Brokerage Market, Revenues & Volume, By Service Type, 2021 - 2031 |
10.4 Africa Cloud Service Brokerage Market, Revenues & Volume, By Platform Type, 2021 - 2031 |
10.5 Africa Cloud Service Brokerage Market, Revenues & Volume, By Deployment Model, 2021 - 2031 |
10.6 Africa Cloud Service Brokerage Market, Revenues & Volume, By Enterprise Size, 2021 - 2031 |
10.7 Africa Cloud Service Brokerage Market, Revenues & Volume, By Industry Verticals, 2021 - 2031 |
11 Europe Cloud Service Brokerage Market, Overview & Analysis |
11.1 Europe Cloud Service Brokerage Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Cloud Service Brokerage Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Cloud Service Brokerage Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Cloud Service Brokerage Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Cloud Service Brokerage Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Cloud Service Brokerage Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Cloud Service Brokerage Market, Revenues & Volume, By Service Type, 2021 - 2031 |
11.4 Europe Cloud Service Brokerage Market, Revenues & Volume, By Platform Type, 2021 - 2031 |
11.5 Europe Cloud Service Brokerage Market, Revenues & Volume, By Deployment Model, 2021 - 2031 |
11.6 Europe Cloud Service Brokerage Market, Revenues & Volume, By Enterprise Size, 2021 - 2031 |
11.7 Europe Cloud Service Brokerage Market, Revenues & Volume, By Industry Verticals, 2021 - 2031 |
12 Middle East Cloud Service Brokerage Market, Overview & Analysis |
12.1 Middle East Cloud Service Brokerage Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Cloud Service Brokerage Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Cloud Service Brokerage Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Cloud Service Brokerage Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Cloud Service Brokerage Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Cloud Service Brokerage Market, Revenues & Volume, By Service Type, 2021 - 2031 |
12.4 Middle East Cloud Service Brokerage Market, Revenues & Volume, By Platform Type, 2021 - 2031 |
12.5 Middle East Cloud Service Brokerage Market, Revenues & Volume, By Deployment Model, 2021 - 2031 |
12.6 Middle East Cloud Service Brokerage Market, Revenues & Volume, By Enterprise Size, 2021 - 2031 |
12.7 Middle East Cloud Service Brokerage Market, Revenues & Volume, By Industry Verticals, 2021 - 2031 |
13 Global Cloud Service Brokerage Market Key Performance Indicators |
14 Global Cloud Service Brokerage Market - Export/Import By Countries Assessment |
15 Global Cloud Service Brokerage Market - Opportunity Assessment |
15.1 Global Cloud Service Brokerage Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Cloud Service Brokerage Market Opportunity Assessment, By Service Type, 2021 & 2031F |
15.3 Global Cloud Service Brokerage Market Opportunity Assessment, By Platform Type, 2021 & 2031F |
15.4 Global Cloud Service Brokerage Market Opportunity Assessment, By Deployment Model, 2021 & 2031F |
15.5 Global Cloud Service Brokerage Market Opportunity Assessment, By Enterprise Size, 2021 & 2031F |
15.6 Global Cloud Service Brokerage Market Opportunity Assessment, By Industry Verticals, 2021 & 2031F |
16 Global Cloud Service Brokerage Market - Competitive Landscape |
16.1 Global Cloud Service Brokerage Market Revenue Share, By Companies, 2024 |
16.2 Global Cloud Service Brokerage Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |