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Government Cloud Market Report 2023-2028 | Industry Size, Share, Growth and Latest Insights

09-22-2023 08:23 AM CET | IT, New Media & Software

Press release from: IMARC Group

Government Cloud Market

Government Cloud Market

How Big is the Global Government Cloud Market?

The global government cloud market size reached US$ 32.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 81.2 Billion by 2028 exhibiting a growth rate (CAGR) of 15.6% during 2023-2028.

What is Government Cloud?

The government cloud is a specialized computing environment crafted to address the distinctive requirements, security prerequisites, and regulatory adherence essential for government agencies and public sector entities. This cloud setup encompasses both a community cloud and a hybrid cloud, enabling agencies to capitalize on cloud advantages while safeguarding sensitive data on-premises for enhanced security. Tailoring options are available to align with specific agency needs while upholding security standards. The platform offers sophisticated access management tools to govern data accessibility securely. It furnishes a secure and scalable foundation for hosting and managing an extensive array of applications, data, and services, all while strictly adhering to data protection and privacy regulations. The government cloud can securely centralize a vast volume of data, encompassing citizen records and administrative documents. This centralized and secure storage enables the delivery of online services to citizens and businesses, such as tax filings and permit applications. Moreover, it facilitates efficient collaboration among agencies for projects and seamless information sharing within a secure ecosystem. Notably, the government cloud is equipped with robust disaster recovery capabilities, ensuring rapid restoration of critical data and applications in emergency scenarios. Additionally, it incorporates advanced security measures like encryption and intrusion detection to fortify against cyber threats.

Request a Free Sample Report:- https://www.imarcgroup.com/government-cloud-market/requestsample

Global Government Cloud Market Trends and Drivers:

Currently, the global uptake of cloud services by governmental bodies is on the rise. This surge is propelled by a desire for modernization, improved operational efficiency, and cost-effectiveness. This trend stands as a pivotal factor fueling market growth. Additionally, the escalating threat of cyberattacks and security breaches has heightened the focus on data security and privacy, further boosting the market. Furthermore, the ongoing development of smart cities worldwide, aimed at enhancing residents' quality of life, urban infrastructure, sustainability, and economic progress, presents a promising market outlook. The market is further driven by the increasing need for seamless interoperability among diverse government systems and departments. The infusion of cutting-edge technologies like artificial intelligence (AI), big data, and the Internet of Things (IoT) into government operations is a significant market growth driver. Cloud computing offers substantial benefits such as improved agility, scalability, cost-efficiency, and citizen-centric service delivery, fostering market growth. Moreover, the growing adoption of multi-cloud and hybrid cloud strategies, mitigating risks associated with reliance on a single provider, is bolstering market expansion.

Global Government Cloud Market 2023-2028 Analysis and Segmentation:

Top Key Players covered in this report are:

Amazon Web Services Inc.
CGI Inc.
Cisco Systems Inc.
Dell Technologies Inc.
Google LLC (Alphabet Inc.)
Hewlett Packard Enterprise Development LP
International Business Machines Corporation
Microsoft Corporation
NetApp Inc.
Oracle Corporation
Salesforce.com Inc.
Verizon Communications Inc.
VMware Inc.

Ask to Analyst:- https://www.imarcgroup.com/request?type=report&id=5083&flag=C

The report segmented the market on the basis of region, component, deployment model, service model and application.

Breakup by Component:

Solutions
Services

Breakup by Deployment Model:

Hybrid Cloud
Private Cloud
Public Cloud

Breakup by Service Model:

Infrastructure as a Service
Platform as a Service
Software as a Service

Breakup by Application:

Server and Storage
Disaster Recovery/Data Backup
Security and Compliance
Analytics
Content Management
Others

Breakup By Regions:

North America: (United States, Canada)
Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America: (Brazil, Mexico, Others)
Middle East and Africa

Key highlights of the report:

Market Performance (2017-2022)
Market Outlook (2023- 2028)
Porter's Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

Related Reports:-

https://www.digitaljournal.com/pr/news/imarc/fuel-cards-market-outlook-size-share-growth-industry-report-2023-2028

https://www.digitaljournal.com/pr/news/imarc/cardiovascular-devices-market-report-2023-global-size-share-growth-till-2028

https://www.digitaljournal.com/pr/news/imarc/remote-sensing-software-market-report-2023-size-share-growth-till-2028

Contact Us:

IMARC Services Private Limited.
134 N 4th St. Brooklyn, NY 11249, USA
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

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