Global Government Cloud Market is valued approximately USD 17.4 billion in 2018 and is anticipated to grow with a healthy growth rate of more than 13.40% over the forecast period 2019-2026.
Government cloud implies to all the cloud computing and virtualization solutions and products that are developed precisely for government institutions and organizations. Government agencies are gradually adopting cloud to put down CAPEX (capital expenditure) while not truly undercutting the vital public services.
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The use of cloud is facilitating governments to scale back the entire value of possession that is Total Cost of Ownership, directly and indirectly, that is catalyzing the development of the govt. cloud market. Moreover, the necessity for labor improvement, measured services, facility consolidation, and quality utilization is additionally resulting in the increasing interest of government agencies within the adoption of cloud. Escalating amount of Digital Services in Government Organizations coupled with greater storage and computing capabilities of cloud are key driving forces of the market growth.
Further, emergence of open data platform and adoption of identity and access management is expected to create significant growth opportunity in the market over the forecast period. However, changing structure of the regulatory policies impedes the growth of the market over the forecast period of 2019-2026.
The regional analysis of global Government Cloud market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to heavy investment by government agencies in cloud-based solutions. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2019-2026. Factors such as increasing proliferation of smartphones and tablets, ICT spending on government infrastructure would create lucrative growth prospects for the Government Cloud market across Asia-Pacific region.
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Major market player included in this report are:
Amazon Web Services
Microsoft
IBM
Google
HPE
Oracle
Salesforce
Cisco Systems
Dell Technologies
Vmware
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Type:
Solutions
Services
By Service Model:
Software as A Service
Platform as A Service
Infrastructure as A Service
By Deployment Model:
Public Cloud
Private Cloud
Hybrid Cloud
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By Region:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2016, 2017
Base year – 2018
Forecast period – 2019 to 2026
Target Audience of the Global Government Cloud Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Aim of the Report
- This study aims to determine the market size of various segments and countries with forecast values for next ten years.
- Within the regions and countries studied, the report covers both qualitative and quantitative aspects of the industry.
- It also provides detailed information about the crucial aspects such as drivers & challenges that will influence the market’s future growth.
- The report will also include investment opportunities in micro markets for stakeholders. In addition, an in-depth analysis of key players’ products and the competitive landscape.
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