Government Cloud Market Insights on Trends, Drivers and Opportunities by 2025 & AMAZON WEB SERVICES, INC., AT&T INC., CGI GROUP INC., and CISCO SYSTEMS, INC., DELL INC., GOOGLE, IBM CORPORATION, MICROSOFT CORPORATION.
According to our research report, the Government Cloud Market size is expected to grow from USD 15.40 Billion in 2017 to USD 28.85 Billion by 2025, at a Compound Annual Growth Rate (CAGR) of 13.4% during the forecast period.
Browse details of 113 numbers of pages research report developed on Government Cloud Market @ https://www.researchcosmos.com/reports/global-government-cloud-market-size-status-and-forecast-2025/30380813
Government Cloud Market Growth Drivers and Restraints:
The government area is always under intense pressure to cut down capital investment without undercutting critical public services. One of the main drivers for the adoption of cloud by governments is the decline in the total cost of ownership, both directly and indirectly. The decrease in the total cost of ownership through the approval of government cloud by agencies is determined by other motivating factors such as growing focus of government plans towards facilities consolidation, labor optimization, asset utilization, and covered services.
Some of the main factors restraining the growth of government cloud market add lack of resources, security concerns, compliance, and control of multiple cloud services. Small regional governments often face difficulties, restricting them to fully adopt cloud-based enzymes, and risk their digital transition.
Apart from this, power and performance are factors which are of concern to management for the mainstream adoption of full cloud-based orders. Due to the risk of losing administrative continuity and change in optimum performance, the factors challenge the selection of cloud-based solutions in the public sector to a great extent.
Government Cloud Market Regional Analysis:
APAC is supposed to be growing at a higher rate during the projection period. The increased ICT spending in state infrastructure and government cloud drives, and the need to improve citizen assistance are some of the factors that have contributed to the increase of government cloud solutions in the APAC region. Furthermore, the adoption of government cloud has increased due to the growing need for implementing security, accessibility controls, and improved decision-making. This has led the APAC region to become a very potential market.
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Government Cloud Market Key Players:
Some of the leading key players are AMAZON WEB SERVICES, INC., AT&T INC., CGI GROUP INC., and CISCO SYSTEMS, INC., DELL INC., GOOGLE, IBM CORPORATION, MICROSOFT CORPORATION, NETAPP, INC., ORACLE CORPORATION, RACKSPACE, INC., SALESFORCE.COM, INC., VERIZON.
Government Cloud Market Segmentation:
• Cloud Storage
• Disaster Recovery
• Identity and Access Management
• Risk and Compliance Management
• North America
• Latin America
• Middle East and Africa
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