The North America Cloud Services Brokerage Market would witness market growth of 16.1% CAGR during the forecast period (2024-2031).
The US market dominated the North America Cloud Services Brokerage Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $8,582.6 million by 2031. The Canada market is experiencing a CAGR of 18.5% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 17.6% during (2024 - 2031).
This market has emerged as a critical enabler for organizations looking to optimize and manage their cloud ecosystems. As enterprises increasingly rely on cloud computing to drive digital transformation, they face growing challenges in selecting, integrating, and managing multiple cloud services.
The increasing complexity of cloud environments and a surge in data-driven decision-making have led organizations to seek comprehensive solutions beyond simple cloud management. CSBs provide a unified platform for managing diverse cloud services, offering automated provisioning, cost tracking, performance monitoring, and security enforcement features.
The retail industry generates USD 76 billion in revenue in Mexico, with over 47,000 retail stores, making it a key contributor to the country’s economy. With large retailers like Walmart de Mexico dominating the market, there is a significant shift toward cloud-based retail management systems, omnichannel commerce, and AI-driven analytics. As retail businesses scale their cloud operations for inventory management, customer data analytics, and e-commerce, the demand for Cloud Services Brokerage is growing. In Canada, the ICT sector is thriving, with over 43,200 companies, primarily in the software and computer services industries. The rapid expansion of cloud-based solutions, AI-driven platforms, and SaaS enterprises is driving the need for effective cloud service management. As Canadian ICT companies adopt hybrid and multi-cloud infrastructures, Cloud Service Brokers are crucial in integrating cloud platforms, ensuring regulatory compliance, and automating cloud resource allocation. Overall, the expanding retail sector in Mexico and the booming ICT industry in Canada are accelerating the adoption of cloud services brokerage.
Free Valuable Insights: The Cloud Services Brokerage Market is Predict to reach USD 32.78 Billion by 2031, at a CAGR of 16.7%
Based on Platform, the market is segmented into Internal Brokerage Enablement, and External Brokerage Enablement. Based on Service, the market is segmented into Integration & Support, Automation & Orchestration, Billing & Provisioning, Migration & Customization, Security & Compliance, and Other Service. Based on Deployment, the market is segmented into Public, Hybrid, and Private. Based on Enterprise Size, the market is segmented into Large Enterprises, and Small and Medium-sized Enterprises. Based on End use, the market is segmented into IT & Telecommunications, BFSI, Government & Public Sector, Healthcare, Consumer Goods & Retail, Manufacturing, Energy & Utilities, and Other End Use. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
By Platform
By Service
By Deployment
By Enterprise Size
By End use
By Country
Our team of dedicated experts can provide you with attractive expansion opportunities for your business.
Unique Offerings 