Advancements in various cloud computing technologies and easier access from remote endpoints to drive the growth of global government cloud computing market
According to TechSci Research report, “Global Government Cloud Computing Market By Type (Solutions and Services), By Service Model (Software as a Service, Platform as a Service and Infrastructure as a Service), By Deployment Model (Public Cloud, Private Cloud and Hybrid Cloud), By Organization Size (Small & Medium Business Enterprises and Large Enterprises), By Region, Competition, Forecast & Opportunities, 2025”, global government cloud computing market is expected to register robust growth during the forecast period. Easier access from remote endpoints is one of the major factors accounting for the growth of global government cloud computing market. Moreover, surging requirement for regulatory compliances is further expected to bode well for the growth of global government cloud computing market through the forecast years. In addition to this, continuous advancements in several cloud computing technologies is positively influencing the growth of global government cloud computing market, globally. Also, government agencies and stakeholders are rapidly integrating new technologies so that they can advance their business flexibility, which is making headway for the growth of global government cloud computing market. Along with this, the increasing requirement for labor optimization, facility consolidation, measured services and asset utilization, is resulting in quick adoption of cloud, which is estimated to bolster the market growth through 2025. However, paucity of standardization concerning security as well as lack of a clear transition strategy is the major factor that might hamper the growth of global government cloud computing market through 2025.
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“ Global Government Cloud Computing Market “
Global government cloud computing market can be segmented based on type, service model, deployment model, organization size, company and region. Considering the type, the market is fragmented into solutions and services. The services segment dominated the global government cloud computing market until 2019 and is further anticipated to grow at the highest rate during the forecast period. The services segment is further categorized into training, consulting & education, support & maintenance and integration & migration. Among them, training, consulting, & education segment is anticipated to grow at a high pace over the years to come as these services support in educating the government employees regarding the strategic transformation, solution assessment, business assessment, RoI, and knowledge workshop. Additionally, there are multiple advantages which are being offered by education services such as rapid adoption of updated technologies, increased returns on software investments and improved individual and team productivity, which is forecast to boost the growth of segment in the coming years.
AWS, Microsoft, IBM, Google, HPE, Oracle, Salesforce, Cisco Systems, Dell Technologies, VMware, Verizon, CGI Group, AT&T, SAP, NetApp, Informatica, Huddle, Capgemini, CenturyLink, Fujitsu. are among others are the leading players operating in global government cloud computing market. The players are adopting several growth strategies to enhance the market scenario of government cloud computing. Other competitive strategies include mergers & acquisitions to diverse their product portfolio in order to strengthen their market position.
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“North America is expected to dominate the global government cloud computing market until 2025 on the account of existence of many key market players offering government cloud solutions and services in this region. Asia-Pacific is anticipated to register highest growth during the forecast period, which can be accredited to increasing proliferation of smartphones and tablets. Moreover, growing development of the required infrastructure and the desire to adopt new technologies are also contribute to the growing trend. Furthermore, rising focus of the government towards the improvement in citizen services as well as booming investments in the ICT departments in government set-ups is further anticipated to fuel the growth of global government cloud computing market through 2025.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“Global Government Cloud Computing Market By Type (Solutions and Services), By Service Model (Software as a Service, Platform as a Service and Infrastructure as a Service), By Deployment Model (Public Cloud, Private Cloud and Hybrid Cloud), By Organization Size (Small & Medium Business Enterprises and Large Enterprises), By Region, Competition, Forecast & Opportunities, 2025” has evaluated the future growth potential of global government cloud computing market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in global government cloud computing market.
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