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Cloud Services Brokerage Market To Register 17.3% CAGR By 2025 Owing To Rising Adoption Of Multi-cloud Platforms To Fulfil Needs of Several Clients, Technology Partners & Vendors


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FELTON, Calif., Feb. 15, 2021 /PRNewswire/ The global cloud service brokerage (CSB) market is projected to account for USD 17.2 billion by the end of the forecasted year and expected to grow with 17.3% CAGR over the forecast period, from 2019 to 2025, according to Million Insights. CSB is a business model that manages IT resources across all cloud models from several vendors to reduce complexity and infrastructure costs. In addition, it helps to reduce complexity by controlling, orchestrating, and integrating multi-cloud locations on a centralized platform.
CSB helps to manage hybrid cloud services as well as cloud solutions integrated at customer premises. This aims to make services more specific and secure for companies. Growing adoption of cloud services for both back-office systems and B2B processes, coordination, and integration of high order is needed. The growing adoption of multi-cloud platforms to fulfil the needs of sev ....

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