Global Government Cloud Market
The global government cloud market was valued at USD 14.13 billion in 2016 and is projected to reach USD 44.17 billion by 2025, growing at a CAGR of 13.5% from 2017 to 2025.
Cloud computing brings the user access to data, applications and storage that are not stored on their computer. By using cloud computing for storage and applications as a service, the cloud offers both a cost and business advantage. Users interface through the cloud through their web browser, eliminating the need for installing numerous software applications. Cloud can also aid government agencies to improve workforce productivity, lower costs by using energy and resources more efficiently, enhance agility, growth, help ensure resilient and trusted collaboration.
1. Market Drivers
1.1 Faster Deployment, Agility, Scalability , and Flexibility
1.2 Greater Storage and Computing Capabilities
1.3 Increasing Number of Digital Services in Government Organizations
2. Market Restraints
2.1 Varying Structure of the Regulatory Policies
The global government cloud market is segmented on the basis of type, service model, deployment model and region.
1. By Type:
1.1.1 Support and Maintenance
1.1.2 Training, Consulting, and Education
1.1.3 Integration and Migration
1.2.1 Cloud Storage
1.2.2 Identity and Access Management
1.2.3 Disaster Recovery
1.2.4 Risk and Compliance Management
2. By Service Model:
2.2 Software as a Service
2.3 Platform as a Service
2.4 Infrastructure as a Service
3. By Deployment Model:
3.2 Private Cloud
3.3 Public Cloud
3.4 Hybrid Cloud
4. By Region:
4.1 North America (U.S., Canada, Mexico)
4.2 Europe (Germany, UK, France, Rest of Europe)
4.3 Asia Pacific (China, India, Japan, Rest of Asia)
4.4 Latin America (Brazil, Argentina, Rest of Latin America)
4.5 Rest of the World
The major players in the market are as follows:
1. Amazon Web Services
8. Cisco Systems
9. Dell Technologies
12. CGI Group
17. Red Hat
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE:
Research study on the government cloud market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
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