Global cloud services brokerage market to grow at CAGR of 75.06 percent

By : |November 26, 2013 0

DUBLIN, IRELAND: Research and Markets has announced the addition of the “Global Cloud Services Brokerage Market 2012-2016” report to their offering.

Analysts forecast the Global Cloud Services Brokerage market to grow at a CAGR of 75.06 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing issues in vendor management.

The Global Cloud Services Brokerage market has also been witnessing the emergence of interoperability standards. However, the increasing complexity leading to integration problems could pose a challenge to the growth of this market.

                                 

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Commenting on the report, an analyst from the data centers team, said: “The increase in the complexity of the network infrastructure and the increasing demands from enterprises are leading to a more complex solution being implemented in enterprise networks. The Cloud Computing market is witnessing the implementation of interoperability among multiple platforms.

“Cloud computing application developers, cloud integrators, cloud services brokers, and enterprises are together standardizing on common protocols for integration and interoperation among platforms. With these standards, enterprises are able to develop a common protocol through which data can be shared and manipulated and security measures can be implemented. Furthermore, the virtualization of cloud data center components is increasing the productivity of the network infrastructure.”

According to the report, one of the major drivers in the market is the increase in issues in vendor management. With many vendors entering the market and providing innovative solutions, there is an increase in the complexity of the networks in enterprises.

The key vendors dominating this market space are Capgemini S A., Dell Inc., IBM Corp., Jamcracker Inc., and Liaison Technologies LLC.

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