Cloud Service Brokers – What Are They & How Big Is The Market ?
By: Date: Categories: Cloud

Cloud Service Brokers are the new way delivery model of Cloud Services. Companies are likely to choose one of the following models or a combination of the three.

The three roles of the cloud broker: aggregation, integration, customization

In a new Gartner report, “Cloud Services Brokerage is Dominated by Three Primary Roles” Plummer and three other analysts identified three key roles that a cloud broker plays in helping cloud providers deliver services to their customers:

Cloud Service Brokers

  • Aggregation: A cloud broker can bundle many individual services together and present them as a unified service. For instance, by partnering with a cloud broker, a provider can offer a unified billing service or unified cloud provisioning.

 

  • Integration: An enterprise will often rely on a cloud broker to bring integrate multiple services, collectively providing new functionality. The cloud broker can help move data into the cloud and integrate the customer’s network with the provider’s network.

 

  • Customization: A cloud broker often customizes cloud services for individual customers, usually around the network edge because cloud services can only be changed by the cloud provider.

How Big Is The Cloud Services Brokerage (CSB) M0arket?

The Cloud Brokerage Enablement market will grow from $225.42 million in 2013 to $2.03 billion by 2018, at a CAGR of 55.3%. Cloud Brokerage Enablers are software platforms that enable such services. The overall, global Cloud Brokerage market will grow from $1.57 billion in 2013 to $10.5 billion by 2018. This represents a CAGR of 46.2% from 2013 to 2018, according to MarketsandMarkets, a research firm.

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