Cloud services brokerage market to grow at 45.90 pc CAGR by 2018

DALLAS, USA: One of the trends that is easing the job of cloud service brokers is the increase in standardization of services and platforms on which the enterprise applications are being developed and deployed.

Cloud application developers, cloud service brokers, enterprises, and cloud integrators are together implementing and standardizing the protocols for the efficient integration and maintenance of enterprise computing platforms.

The implementation of platforms that can easily be integrated is likely to encourage the development of applications that can support multiple cloud-computing platforms. Further, the implementation of virtualized computing environments is leading to platform-independent computing solutions being developed for enterprises.

Analysts forecast the Global Cloud Services Brokerage market to grow at a CAGR of 45.90 percent over the period 2013-2018.

According to the report, one of the major drivers is the increasing complexity of integrating cloud-based applications and business solutions. With the increasing complexity of applications and enterprises procuring multiple applications, there is a need to efficiently integrate the applications and data to eliminate conflicts in accessing and storage.

The Global Cloud Servicess Brokerage Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, EMEA, and APAC regions; it also covers the Global Cloud Services Brokerage market landscape and its growth prospects in the coming years.

The report also includes a discussion of the key vendors operating in this market.

Further, the report states that one of the major challenges is the increasing concern of enterprises about the security of the network and applications being transmitted across the networks. The enterprises are also looking at establishing private cloud infrastructures to meet their computing and storage requirements. Secure access to the applications and data is necessary for efficient working of an enterprise.