Product Code: ETC4429288 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
The Singapore Cloud Services Brokerage market plays a vital role in simplifying the cloud service procurement process for businesses. Cloud brokers act as intermediaries, helping organizations navigate the complex landscape of cloud offerings, negotiate contracts, and optimize their cloud investments. This market has seen growth in response to the increasing demand for multi-cloud and hybrid cloud solutions. With diverse cloud service providers available, businesses rely on cloud services brokers to source, integrate, and manage their cloud services efficiently. As Singapore enterprises continue to adopt cloud technologies, the Cloud Services Brokerage market is poised for further expansion.
The Cloud Services Brokerage market in Singapore is primarily driven by the increasing complexity of cloud environments. Organizations are adopting multi-cloud strategies to leverage various cloud services and providers. Cloud services brokers act as intermediaries, helping businesses manage and optimize their cloud resources efficiently. The need for expertise in cloud service selection, integration, and cost management is a significant driver for this market. Additionally, the demand for hybrid cloud solutions further propels the role of cloud services brokers in simplifying the integration of on-premises and cloud infrastructure.
In the Cloud Services Brokerage market, a key challenge is interoperability between different cloud platforms. Brokerage firms must ensure seamless integration and data transfer between various cloud services, which can be complex and costly. Additionally, they face the challenge of managing client data security and compliance across multiple cloud providers, which requires robust governance and risk management.
The Singapore Cloud Services Brokerage market felt the effects of the pandemic as businesses accelerated their digital transformation initiatives. The need for managing and optimizing cloud resources became paramount. Cloud services brokers played a crucial role in helping companies navigate the complex cloud ecosystem and control costs, particularly in a time when financial prudence was essential for business survival.
Cloud services brokerage firms like CloudHealth (now part of VMware), Cloudreach, and Cloud Sherpas (now part of Accenture) provide brokerage and management services for optimizing cloud usage and costs.
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 Singapore Cloud Services Brokerage Market Overview |
3.1 Singapore Country Macro Economic Indicators |
3.2 Singapore Cloud Services Brokerage Market Revenues & Volume, 2021 & 2031F |
3.3 Singapore Cloud Services Brokerage Market - Industry Life Cycle |
3.4 Singapore Cloud Services Brokerage Market - Porter's Five Forces |
3.5 Singapore Cloud Services Brokerage Market Revenues & Volume Share, By Service Type , 2021 & 2031F |
3.6 Singapore Cloud Services Brokerage Market Revenues & Volume Share, By Platform Type, 2021 & 2031F |
3.7 Singapore Cloud Services Brokerage Market Revenues & Volume Share, By Deployment Model, 2021 & 2031F |
3.8 Singapore Cloud Services Brokerage Market Revenues & Volume Share, By Organization Size, 2021 & 2031F |
3.9 Singapore Cloud Services Brokerage Market Revenues & Volume Share, By Vertical, 2021 & 2031F |
4 Singapore Cloud Services Brokerage Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Singapore Cloud Services Brokerage Market Trends |
6 Singapore Cloud Services Brokerage Market, By Types |
6.1 Singapore Cloud Services Brokerage Market, By Service Type |
6.1.1 Overview and Analysis |
6.1.2 Singapore Cloud Services Brokerage Market Revenues & Volume, By Service Type , 2021-2031F |
6.1.3 Singapore Cloud Services Brokerage Market Revenues & Volume, By Integration And Support, 2021-2031F |
6.1.4 Singapore Cloud Services Brokerage Market Revenues & Volume, By Automation And Orchestration, 2021-2031F |
6.1.5 Singapore Cloud Services Brokerage Market Revenues & Volume, By Billing And Provisioning, 2021-2031F |
6.1.6 Singapore Cloud Services Brokerage Market Revenues & Volume, By Migration And Customization, 2021-2031F |
6.1.7 Singapore Cloud Services Brokerage Market Revenues & Volume, By Security And Compliance, 2021-2031F |
6.1.8 Singapore Cloud Services Brokerage Market Revenues & Volume, By Other Services (catalog management, backup and DR, reporting and BI, and API), 2021-2031F |
6.2 Singapore Cloud Services Brokerage Market, By Platform Type |
6.2.1 Overview and Analysis |
6.2.2 Singapore Cloud Services Brokerage Market Revenues & Volume, By Internal Brokerage Enablement, 2021-2031F |
6.2.3 Singapore Cloud Services Brokerage Market Revenues & Volume, By External Brokerage Enablement, 2021-2031F |
6.3 Singapore Cloud Services Brokerage Market, By Deployment Model |
6.3.1 Overview and Analysis |
6.3.2 Singapore Cloud Services Brokerage Market Revenues & Volume, By Public Cloud, 2021-2031F |
6.3.3 Singapore Cloud Services Brokerage Market Revenues & Volume, By Private Cloud, 2021-2031F |
6.4 Singapore Cloud Services Brokerage Market, By Organization Size |
6.4.1 Overview and Analysis |
6.4.2 Singapore Cloud Services Brokerage Market Revenues & Volume, By Small and Medium-sized Enterprises (SMEs), 2021-2031F |
6.4.3 Singapore Cloud Services Brokerage Market Revenues & Volume, By Large Enterprises, 2021-2031F |
6.5 Singapore Cloud Services Brokerage Market, By Vertical |
6.5.1 Overview and Analysis |
6.5.2 Singapore Cloud Services Brokerage Market Revenues & Volume, By Banking, Financial Services, and Insurance (BFSI), 2021-2031F |
6.5.3 Singapore Cloud Services Brokerage Market Revenues & Volume, By Telecommunications, 2021-2031F |
6.5.4 Singapore Cloud Services Brokerage Market Revenues & Volume, By IT and ITeS, 2021-2031F |
6.5.5 Singapore Cloud Services Brokerage Market Revenues & Volume, By Government and Public Sector, 2021-2031F |
6.5.6 Singapore Cloud Services Brokerage Market Revenues & Volume, By Retail and Consumer Goods, 2021-2031F |
6.5.7 Singapore Cloud Services Brokerage Market Revenues & Volume, By Manufacturing, 2021-2031F |
6.5.8 Singapore Cloud Services Brokerage Market Revenues & Volume, By Media and Entertainment, 2021-2031F |
6.5.9 Singapore Cloud Services Brokerage Market Revenues & Volume, By Media and Entertainment, 2021-2031F |
7 Singapore Cloud Services Brokerage Market Import-Export Trade Statistics |
7.1 Singapore Cloud Services Brokerage Market Export to Major Countries |
7.2 Singapore Cloud Services Brokerage Market Imports from Major Countries |
8 Singapore Cloud Services Brokerage Market Key Performance Indicators |
9 Singapore Cloud Services Brokerage Market - Opportunity Assessment |
9.1 Singapore Cloud Services Brokerage Market Opportunity Assessment, By Service Type , 2021 & 2031F |
9.2 Singapore Cloud Services Brokerage Market Opportunity Assessment, By Platform Type, 2021 & 2031F |
9.3 Singapore Cloud Services Brokerage Market Opportunity Assessment, By Deployment Model, 2021 & 2031F |
9.4 Singapore Cloud Services Brokerage Market Opportunity Assessment, By Organization Size, 2021 & 2031F |
9.5 Singapore Cloud Services Brokerage Market Opportunity Assessment, By Vertical, 2021 & 2031F |
10 Singapore Cloud Services Brokerage Market - Competitive Landscape |
10.1 Singapore Cloud Services Brokerage Market Revenue Share, By Companies, 2024 |
10.2 Singapore Cloud Services Brokerage Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |