United States Cloud Brokerage Market was valued at USD 3.5 Billion in 2022 and is projected to reach USD 8.7 Billion by 2030, growing at a CAGR of 12.3% from 2024 to 2030.
The US Cloud Brokerage Market has been growing exponentially in recent years, driven by the increasing adoption of cloud technologies across various industries. This market serves as a platform where businesses can acquire, manage, and optimize their cloud services through third-party providers. Cloud brokers act as intermediaries, helping companies navigate the complexities of the cloud environment, which involves selecting, deploying, and managing a mix of cloud-based solutions to meet specific business requirements.
Industries across the US are increasingly relying on cloud brokerage services to streamline their cloud adoption processes. For example, the healthcare sector uses cloud brokers to ensure compliance with regulatory standards such as HIPAA while also optimizing cloud resources. The financial industry requires cloud brokerage to maintain secure, high-performance infrastructure that aligns with stringent data privacy regulations. Similarly, retail businesses turn to cloud brokers for flexibility and cost efficiency when scaling their infrastructure to handle fluctuating consumer demands.
One of the primary drivers of the Cloud Brokerage Market is the growing need for customized cloud solutions. Different industries have unique requirements, and cloud brokers provide tailored strategies that cater to these needs. For example, some sectors prioritize security and compliance, while others may focus on cost-efficiency or scalability. This level of customization is vital for businesses to effectively leverage the full potential of cloud technologies without overburdening internal resources.
Furthermore, the demand for hybrid and multi-cloud environments has led to an increase in the need for cloud brokerage services. Companies are no longer relying on single-cloud providers but instead leveraging multiple cloud platforms to achieve the best outcomes. Cloud brokers help businesses manage complex hybrid cloud architectures, ensuring seamless integration between on-premise systems and various cloud services.
The cloud brokerage industry is also evolving to meet the needs of modern enterprises. With the rise of automation and artificial intelligence, brokers are integrating new technologies to optimize cloud service management, improve service delivery, and enhance the overall user experience. This shift is making cloud brokerage services more sophisticated, enabling businesses to stay ahead of the curve in an increasingly digital world.
In summary, the US Cloud Brokerage Market continues to expand as industries realize the value of leveraging third-party cloud brokers for efficient cloud management. As the market matures, businesses will increasingly rely on these services to navigate the complex cloud landscape and ensure they are getting the most out of their cloud investments.
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the US Cloud Brokerage Market
Infrastructure as a Service (IaaS)
Platform as a Service (PaaS)
Software as a Service (SaaS)
Managed Cloud Services
Public Cloud
Private Cloud
Hybrid Cloud
Multi-Cloud
Information Technology
Healthcare
Retail
Banking, Financial Services, and Insurance (BFSI)
Manufacturing
Government and Public Sector
Sales and Marketing
Operations
Human Resources
Finance and Accounting
Research and Development
Small and Medium Enterprises (SMEs)
Large Enterprises
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the US Cloud Brokerage Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. US Cloud Brokerage Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. US Cloud Brokerage Market, By Type
6. US Cloud Brokerage Market, By Application
7. US Cloud Brokerage Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. US Cloud Brokerage Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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