North America Cloud Services Brokerage Market Insights Forecasts to 2033

• The North America Cloud Services Brokerage Market Size is growing at a CAGR of 14.8% from 2023 to 2033
• The North America Cloud Services Brokerage Market Size is Expected to Hold a Significant Share by 2033

The North America Cloud Services Brokerage Market Size is Anticipated to Hold a Significant Share by 2033, growing at a CAGR of 14.8% from 2023 to 2033.

Market Overview

The North America cloud services brokerage (CSB) market refers to the industry that facilitates the management, integration, and optimization of cloud services from multiple providers. CSBs act as intermediaries between enterprises and cloud service providers, offering solutions such as cloud aggregation, customization, governance, and cost management. Businesses leverage CSB services to streamline operations, enhance security, and efficiently manage multi-cloud and hybrid cloud environments. Businesses increasingly rely on multiple cloud platforms to improve flexibility, avoid vendor lock-in, and enhance operational efficiency, driving demand for brokerage services. The U.S. government has been actively investing in cloud infrastructure modernization, supporting the adoption of CSB services. Federal agencies are transitioning to multi-cloud environments, requiring brokerage solutions to manage security, compliance, and interoperability. Additionally, initiatives promoting cloud security frameworks and digital transformation strategies in sectors such as healthcare, defense, and finance are further fueling market growth.

Report Coverage

This research report categorizes the market for the North America cloud services brokerage market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the North America cloud services brokerage market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the North America cloud services brokerage market.

Driving Factors

The North America cloud services brokerage (CSB) market is driven by the growing adoption of multi-cloud strategies, enabling businesses to enhance flexibility and avoid vendor lock-in. The increasing complexity of cloud management necessitates CSB services for integration, security, and compliance. Rising demand for cloud cost optimization solutions further fuels market growth as enterprises seek to monitor and control expenses. Additionally, regulatory requirements related to data security and privacy drive organizations to adopt CSB solutions for compliance management. Government initiatives promoting cloud adoption in sectors like healthcare, defense, and finance further contribute to the expansion of the CSB market in North America.

Restraining Factors

High implementation costs, data security concerns, integration complexities, lack of awareness about CSB benefits, and challenges in managing hybrid cloud environments are key restraining factors limiting the growth of the North America CSB market.

Market segmentation

The North America cloud services brokerage market share is classified into platform and service type.

• The internal brokerage enablement segment is expected to hold the largest market share through the forecast period.   

The North America cloud services brokerage market is segmented by platform into external brokerage enablement and internal brokerage enablement. Among these, the internal brokerage enablement segment is expected to hold the largest market share through the forecast period. This trend is driven by organizations increasingly adopting internal CSB platforms to manage and optimize their multi-cloud environments, ensuring better control over cloud service integration, cost management, and compliance with internal policies.

• The integration segment is expected to hold the largest market share through the forecast period.

The North America cloud services brokerage market is segmented by service type into integration, sourcing, & procurement, vendor management, governance & control. Among these, the integration segment is expected to hold the largest market share through the forecast period. This is due to the increasing complexity of multi-cloud environments, which necessitates robust integration services to ensure seamless interoperability among diverse cloud platforms and on-premises systems.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the North America cloud services brokerage market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Accenture
• ActivePlatform
• Arrow Electronics, Inc.
• Atos SE
• Cognizant
• Fujitsu
• IBM
• NTT DATA Group Corporation
• Tech Mahindra Limited
• Wipro
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at North America, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the North America cloud services brokerage market based on the below-mentioned segments:

North America Cloud Services Brokerage Market, By Platform

• External Brokerage Enablement
• Internal Brokerage Enablement

North America Cloud Services Brokerage Market, By Service Type

• Integration
• Sourcing & Procurement
• Vendor Management
• Governance & Control