The market is expected to grow at a compound annual growth rate (CAGR) of 46.2%.
The global cloud services brokerage (CSB) market is expected to reach $10.5bn by 2018, rising from $1.57bn in 2013, according to a report from MarketsandMarkets.
The market is expected to grow at a compound annual growth rate (CAGR) of 46.2% between 2013 to 2018.
The cloud brokerage market includes market players who use the enablement platforms as brokers and serves Small and Medium-sized Businesses (SMBs) and enterprises, for their respective cloud-based needs.
Cloud brokerage enablement also refers to integration platforms which aggregate, customise and integrate cloud offerings on a single platform.
According to the report, the market is expanding faster than the ability of cloud service consumers to utilise and manage these services opening up opportunities for cloud brokers.
Comments may be moderated for spam, obscenities or defamation.