A recent report published by Infinium Global Research on
government cloud market provides in-depth analysis of segments and sub-segments
in the global as well as regional government cloud market. The study also
highlights the impact of drivers, restraints, and macro indicators on the global
and regional government cloud market over the short term as well as long term.
The report is a comprehensive presentation of trends, forecast and dollar
values of the global government cloud market. According to the report, the global
government cloud market is projected to grow at a CAGR of 12.0% over the
forecast period of 2019-2025.
Governments around the world are actively looking into cloud
computing as a means of increasing efficiency and reducing costs. Cloud
Computing Initiative is to modernize the government’s IT infrastructure and
help agencies to reduce costs. Federal agencies can purchase government
cloud-based IT services through Apps.gov, this website is maintained by the
General Services Administration. Cloud computing has the potential to consumed
and managed, accelerated innovation, resulting in improved cost
efficiencies, faster time-to-market, and
the ability to scale applications on demand. A cloud-based solution in
government provides improved citizen services, increase operational
effectiveness, and deliver proven innovation at a government agency with highly
secured, powerful technology.
The cloud provides services to government departments, citizens
and businesses through the internet and mobile connectivity. In addition to
accelerating the delivery of e-services to citizens and businesses, the
government’s largely adopting cloud-based service. This is driving the growth
of the market. Government cloud-based platform also supports a number of other
objectives including increased standardization, interoperability and
integration, under-utilized resources and the spread of best practices. It will
also support on-going cost-effectiveness and manageability. The cloud computing
provides several advantages such as greater storage and computing capabilities,
resources pooling, on-demand self-service, large network access, and automatic
system. A major advantage of cloud that effectively utilizes in government is
resource pooling. The computing-based resources are pooled to serve multiple
consumers using a multi-tenant model. This provides a growing demand for the
government cloud market. The cloud computing model offers massive cost savings
combined with increased IT agility. It is considered that the government and
industry begin adoption of this technology in response to difficult economic
constraints. This further provides significant growth to the market. However,
the legal, contractual, and security aspects of cloud computing are affecting
the growth of the market. The growing use of SaaS applications, where cognitive
technologies are built into the software, has the potential to increase the
uptake of AI and other emerging technologies in government. This provides a
significant growth opportunity for the government cloud market.
North America is the largest revenue making region for the
government cloud market owing to the presence of a large number of players
offering government cloud solutions and services in this region. Further,
increasing investments by government agencies in cloud-based solutions are
contributing to the growth of the market in this region. APAC region is growing
with a healthy CAGR owing to the urge to adopt new technologies and rapid
development in the required infrastructure.
The report on the global government cloud market covers segments such
as solutions, services, service model, and deployment model. On the basis of
solutions, the sub-markets include cloud storage, disaster recovery, identity
and access management, and risk and compliance management. On the basis of
services, the sub-markets include integration and migration, training,
consulting, education, and support and maintenance. On the basis of service
model, the sub-markets include software as a service, platform as a service,
and infrastructure as a service. On the basis of the deployment model, the
sub-markets include public cloud, private cloud, and hybrid cloud.
The report provides profiles of the companies in the market such
as Microsoft, AWS, Google, IBM, HPE, Oracle, Salesforce, Cisco Systems, Dell
Technologies, and VMware.
The report provides deep insights into the demand forecasts,
market trends, and micro and macro indicators. In addition, this report
provides insights into the factors that are driving and restraining the growth
in this market. Moreover, The IGR-Growth Matrix analysis given in the report
brings an insight into the investment areas that existing or new market players
can consider. The report provides insights into the market using analytical
tools such as Porter's five forces analysis and DRO analysis of the government
cloud market. Moreover, the study highlights current market trends and provides
forecast from 2019-2025. We also have highlighted future trends in the market
that will affect the demand during the forecast period. Moreover, the
competitive analysis given in each regional market brings an insight into the
market share of the leading players.
Please Choose One of them.