Cloud Brokerage Market to Surge at 13.3% CAGR | Reaching USD 45 Billion by 2035

Shifting Market Environment

Cloud brokerage solutions are gaining traction as businesses navigate hybrid and multi-cloud strategies. Rising complexity of managing services from multiple providers has created demand for brokerage platforms offering governance, integration, and cost management. Enterprises increasingly rely on these services to optimize vendor selection, streamline compliance, and monitor workloads effectively. Cloud Brokerage Market size is projected to grow USD 45 Billion by 2035, exhibiting a CAGR of 13.3% during the forecast period 2025 – 2035 . 

Segmentation of Offerings

Market segmentation spans by service model, deployment type, and enterprise size. Services include cloud service aggregation, governance, and integration. Deployment options cover public, private, and hybrid environments. Small and medium enterprises seek cost-effective brokerage tools, while large corporations demand advanced integration capabilities to handle mission-critical applications.

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Leading Market Participants

• Accenture Plc

• RightScale (Flexera Software)

• Jamcracker Inc.

• IBM Corporation

• Dell Technologies

News and Innovations

Recent innovations include AI-powered cost optimization platforms, advanced multi-cloud management dashboards, and integrated security capabilities. Providers are forming alliances with hyperscalers such as AWS, Microsoft Azure, and Google Cloud to enhance interoperability and expand service portfolios.

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Driving and Restraining Forces

Key drivers include rising adoption of hybrid IT strategies, demand for cost transparency, and the need for centralized cloud governance. However, challenges like integration complexity, data security concerns, and dependence on third-party brokers pose limitations to broader adoption.

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Geographic Market Performance

North America dominates due to early adoption of multi-cloud strategies by enterprises. Europe emphasizes compliance with GDPR and regulatory standards, driving brokerage services adoption. Asia-Pacific is expected to expand rapidly as SMEs transition to cloud ecosystems and governments promote digital transformation.

Forward Trajectory

The cloud brokerage market is poised for significant growth, supported by increasing reliance on hybrid cloud, demand for intelligent automation, and vendor-neutral brokerage platforms that simplify multi-cloud operations.

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