Cloud Services Brokerage Market: Post-COVID Growth Opportunity Analysis, Key Players | IBM, VMware, Jamcracker

According to the report, the global Cloud Services Brokerage market is expected to grow from $5.59 Billion in 2020, which is expected to reach $19.58 Billion by 2028, growing at the CAGR of 16.78% from 2020 to 2028. This growth is attributed to the increasing demand for cloud services, especially in SMEs. The major factor driving the growth in the Cloud Services Brokerage Market is the rising demand for cloud services. Cloud services are the fastest-growing segment in IT services. The growing trend of SaaS, social media and mobile applications has significantly increased the demand for cloud services. The major factor restraining the growth in the cloud services brokerage market is the lack of awareness among SMEs on cloud services.

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The recently published research report on Global Cloud Services Brokerage Market by Evolve Business Intelligence examines the industry in the context of major market aspects including market size & forecast, market shares in terms of revenues and volume, key players, and SWOT analysis. The market is analyzed based on 4 separate indications in the market dynamic chapter: Drivers, Restraints, Key Trends, and Challenges. The total sum of these sections will help you understand what strategies will be best to adopt in order to prosper through this industry over a few short years. The quantitative analysis includes our actual findings out of this research study where we provided additional insight into what our readers can do to embrace new opportunities or plan against threats that might hinder the market.

The COVID-19 pandemic has led to disruption in the supply chain leading to lower demand or supply shortages in the Cloud Services Brokerage market. The travel restrictions and social-distancing measures have resulted in a sharp drop in consumer and business spending and this pattern is expected to continue for some time. The end-user trend and preferences have changed due to the pandemic and have resulted in manufacturers, developers, and service providers adopting various strategies to stabilize the company.

The New Normal
As businesses recover from the COVID-19 pandemic, they have a new set of priorities to cope with. Throughout this crisis, they were forced to deal with shifting situations and often fell short of their ultimate goals. Now that a cure has been found and the pandemic is dying down, they will need to recuperate from this epidemic by setting forth new objectives to succeed in the future.

In terms of COVID 19 impact, the Cloud Services Brokerage market report also includes the following data points:
• COVID19 Impact on Cloud Services Brokerage market size
• End-User/Industry/Application Trend, and Preferences
• Government Policies/Regulatory Framework
• Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
• Opportunity in Cloud Services Brokerage market

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Key Players
Some of the major Cloud Services Brokerage players holding high market share include IBM, VMware, Jamcracker. These players use expansion as a key strategy to gain significant market share to compete with market leaders.

The key players profiled in the report are:

• IBM
• VMware
• Jamcracker
• ActivePlatform
• Arrow Electronics
• Cloudmore
• Wipro
• DXC Technology
• iPortalis

Segmental Analysis
Market Segment By Services Type with focus on market share, consumption trend, and growth rate of Cloud Services Brokerage Market:
o Integration And Support
o Automation And Orchestration

Market Segment By Platform Type with focus on market share, consumption trend, and growth rate of Cloud Services Brokerage Market:
o Internal Brokerage Enablement
o External Brokerage Enablement

Market Segment By Verticals with a focus on market share, consumption trend, and growth rate of Cloud Services Brokerage Market:
o Banking, Financial Services,
o Telecommunications
o IT
o Others

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Global Cloud Services Brokerage Geographic Coverage:
• North America
o US
o Canada
o Mexico

• Europe
o UK
o Germany
o France
o Italy
o Rest of Europe

• Asia Pacific
o China
o Japan
o India
o South Korea
o Rest of Asia Pacific

• Rest of the World
o South America
o Middle East & Africa

North America holds the largest market share in cloud services brokerage with the growing adoption of cloud services among enterprises, growing demand from SMBs, and increasing demand from large enterprises for specialized services are the major factors anticipated to drive the cloud services brokerage market in North America.

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