28 December 2018 – The Global Government Cloud Market is expected to witness a significant growth over the forecast period owing to the reduction in organizational cost, meeting compliance requirement and improving business productivity. In addition, the greater storage and computing capabilities, standardization of IT and agility improvements are the factors boosting the government cloud market.
One of the major factors driving the growth of this market is big data, systems handling and large datasets. Due to big data issue, the task becomes more complicated. Hence, the cloud dealers have to normalize the systems, to facilitate the easy delivery of information to any agency or system in any format. This process enables the government organizations to share the information efficiently among internal and external stakeholders. Thus, improving the liability in the public sector.
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The implementation of government cloud will help the government agencies to achieve their mission demands, develop core competencies, improve automation and adopt sustainability practices. The Federal Risk and Authorization Program (FedRAMP) has been made to support the cloud computing plan of government. The program enables the implementation of cloud computing services among federal organizations. It also provides cloud service providers with the authorization of program which could be used by all agencies. This program helps in reducing money and time of the federal agencies.
The numerous trends in the government cloud market create the enhanced opportunities for the citizens and other small departments. The trends include increasing data center consolidation, and optimizing government services with big data. For government organizations and various other public bodies, data transparency is an important factor. With the continuous increase in agreements and regulatory standard requirements, cloud system has to display even more high levels of integrity.
The market is segmented on the basis of the agency into local and state cloud, federal cloud, and military and defense cloud. All of these agencies are widely using cloud services as it helps in gathering and handling the big data. On the basis of delivery, the market is classified into infrastructure as a service (IaaS), software as a service (SaaS), and platform as a service (PaaS).
Asia Pacific is expected to witness the fastest growth over the coming six years owing to the rising disposable income levels, and increasing demand for cloud computing technology. The key players in this industry are Cisco, Amer, Solutions, Capgemini, Dell, Google, IBM, DMG Federal, Accelion, Carpathia Hosting, Daston Corporation, Microsoft, Rackspace, Vmware, Oracle, Layered Technologies, Clear Government Solutions and Amazon Web Services.
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Market segment by Regions/Countries, this report covers
- United States
- Southeast Asia
Market segment by Type, the product can be split into
Market segment by Application, Government Cloud can be split into
- Cloud Storage
- Disaster Recovery