Global Cloud Services Brokerage Market to Reach $14.4 Billion by 2024, with a CAGR of 16.4% – Research And

DUBLIN–(BUSINESS WIRE)–Mar 25, 2019–The “Global Cloud Services Brokerage Market (2018 – 2024)” report has been added to Research And’s offering.

The Global Cloud Services Brokerage Market size is expected to reach $14.4 billion by 2024, rising at a market growth of 16.4% CAGR during the forecast period.

Global Cloud Services

A cloud services broker intermediaries cloud providers with consumers and makes it possible for companies to choose cloud services and offerings that are appropriate to their requirements. The Cloud Services Brokerage (CSB) technology is capable of encompassing all cloud services within a single bill. In other words, by employing an effective CSB technology, a customer can manage various cloud service provider bills for different platforms like infrastructure-as-a-service (IaaS), platform-as-a-service (PaaS), and software-as-a-service (SaaS).

Based on Platform, the market is segmented into External Brokerage Enablement and Internal Brokerage Enablement. A CSB can combine all cloud services with one bill, i.e. a customer can manage cloud service provider bills for different IaaS, a platform as a service (PaaS) and a CSB platform. Internal CSB provides employees with a unified multi-cloud/SaaS management, security, compliance, license and support, spending management and overall user experience. Internal Brokerage has dominated the market during the forecast period.