The global cloud services brokerage market size is expected to reach USD 56.40 billion by 2034, according to a new study by Polaris Market Research. The report “Cloud Services Brokerage Market Size, Share, Trends & Industry Analysis Report By Service Type, By Cloud Service Model (PaaS, IaaS, SaaS), By Organization Size, By Vertical, By Region – Market Forecast, 2025 – 2034” gives a detailed insight into current dynamics and provides analysis on future trends.
Multi-cloud adoption is a growing trend as businesses seek to avoid vendor lock-in, enhance resilience, and optimize costs. Organizations can choose the best platform for each specific application or workload by using multiple cloud service providers. Cloud service brokers play a crucial role in integrating and managing these diverse cloud environments, ensuring seamless interoperability and improving flexibility. This trend is especially important for businesses with complex IT infrastructures or those looking to maximize performance, scalability, and security across various cloud platforms.
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Automation and AI integration are transforming the market by improving efficiency, reducing manual effort, and enhancing service delivery. AI-powered solutions enable brokers to provide predictive analytics, optimize resource management, and automate routine tasks such as scaling and monitoring cloud environments. This trend is particularly beneficial for managing complex multi-cloud infrastructures, ensuring faster response times, and improving decision-making. Additionally, automation helps businesses streamline cloud operations, reduce errors, and better align their cloud strategies with evolving business needs.
By Service Type Outlook (Revenue - USD billion, 2019 - 2032)
By Cloud Service Model Outlook (Revenue, USD Billion, 2020–2034)
By Organization Size Outlook (Revenue, USD Billion, 2020–2034)
By Vertical Outlook (Revenue, USD Billion, 2020–2034)
By Regional Outlook (Revenue, USD Billion, 2020–2034)
Report Attributes |
Details |
Market Size Value in 2024 |
USD 10.95 billion |
Market Size Value in 2025 |
USD 12.83 billion |
Revenue Forecast in 2034 |
USD 56.40 billion |
CAGR |
17.9% from 2025 – 2034 |
Base Year |
2024 |
Historical Data |
2020 – 2023 |
Forecast Period |
2025 – 2034 |
Quantitative Units |
Revenue in USD billion and CAGR from 2025 to 2034 |
Report Coverage |
Revenue Forecast, Market Competitive Landscape, Growth Factors, and Industry Trends |
Segments Covered |
By Service Type Cloud Service Model Organization Size Vertical |
Regional Scope |
|
Competitive Landscape |
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Report Format |
|
Customization |
Report customization as per your requirements with respect to countries, regions, and segmentation. |
For Specific Research Requirements |