The Asia Pacific Cloud Services Brokerage Market would witness market growth of 18.5% CAGR during the forecast period (2018 – 2024). Cloud Services Brokerage demand was boosted by the increased adoption of hybrid IT and multi - cloud management. These factors also contribute to reducing complexities in multi - cloud management, management, compliance, taxation, and accounts.
A broker (seller) provides multiple service catalogues into a single user interface and incorporates them into the service. The customer then chooses as many or as few services which fit its particular business needs but only pays the broker one bill. Generally speaking, the cloud aggregator model is a more cost-effective and efficient method to customers compared to the individual purchase of each service. Aggregators play a key role in the management of cloud relations and services as part of their function as resellers. The broker can provide additional services, including security and governance, on top of the cloud. Overall, one of its main objectives is to construct an existing service catalogue, providing all business and IT services with a single glass panel, which will enhance agility and portability while saving time and money.
Based on Platform, the market is segmented into External Brokerage Enablement and Internal Brokerage Enablement. Based on Service Type, the market is segmented into Integration, Sourcing, & Procurement, Vendor Management, and Governance & Control. Based on Deployment model, the market is segmented into Public, Private, and Hybrid.
Based on Organization sixe, the market is segmented into Large Enterprises, and Small & Medium-Sized Enterprises. Small & Medium-Sized Enterprises could use email apps, sales and leadership services from Google Apps, and platform services from Amazon. A cloud broker facilitates the delivery of value to each of these providers and also enables the customer to coordinate these services. Cloud computing has many benefits-mainly economic ones-for small and medium-size enterprises (SMEs). The cost and burden of hardware and software acquisition and maintenance is eliminated because data and applications are hosted remotely. Cloud computing offers essentially four major benefits to small and medium-sized enterprises: flexibility, scalability, easy access and paid-per-use models.
Based on End user, the market is segmented into Telecom & IT, BFSI, Retail & Consumer Goods, Government, Healthcare & Life Sciences, Manufacturing, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include IBM Corporation, Dell technologies, Accenture Plc., Wipro, DXC technology, Arrow Electronics Inc., Tech Mahindra Ltd., ComputeNext Inc., Oracle Corporation, and HP Enterprise.