The Government Cloud Market report states factors such as awareness about the implementation of cloud solutions among enterprises and reduced operational and capital expenditure are some of the factors driving the government cloud market growth. The Government Cloud Market is growing and the experts have predicted the future stats of Government Cloud. Government Cloud Market report contains the top corporate profiles and strategies with industry analysis and trends.
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The government cloud market size is expected to grow from USD 15.40 billion in 2017 to USD 28.85 billion by 2022, at a Compound Annual Growth Rate (CAGR) of 13.4% during the forecast period. The market is driven by various factors, such as the need for faster deployment of solutions and scalability, increasing awareness about the government cloud among enterprises globally, and reduced cost of ownership.
However, enterprises face some obstacles while adopting the government cloud. Some of these obstacles are data protection and complexities involved in application portability.
Among the solutions, the IAM segment is expected to grow at the highest rate during the forecast period, as IAM solutions help government organizations in implementing the security process framework, which in turn, initiates and manages user identity and related access permissions in an automated manner. IAM solutions help manage the control of data access across the government entities.
The complete report of Government Cloud Market by Solution (Cloud Storage, Disaster Recovery, Identity and Access Management, Risk and Compliance Management), Service, Service Model (IaaS, PaaS, SaaS), Deployment Model, and Region - Global Forecast to 2022 is now available on www.rnrmarketresearch.com/governme…rket-report.html
Break of primary participants in Government Cloud Market was as mentioned below:
By Company Size: Tier 1 = 20 %, Tier 2 = 55%, and Tier 3 = 25%
By Designation Level: C-Level Executives = 50%, Directors= 25%, and Others= 25%
By Region: Americas = 60%, Europe = 25%, APAC = 10%, and RoW = 5%
Major players of Government Cloud Market Report are:
Major companies in the Government Cloud market are Amazon Web Services (Washington, US), Microsoft (Washington, US), IBM (New York, US), Google (California, US), HPE (California, US), Oracle (California, US), Sales force (California, US), Cisco Systems (California, US), Dell Technologies (Texas, US), VMware (California, US), Verizon (New York, US), CGI Group (Montreal, Canada), AT&T (Texas, US), SAP (Walldorf, Germany), Net App (California, US), Informatica (California, US), Huddle (London, UK), Capgemini (Paris, France), CenturyLink (Louisiana, US), Citrix (Florida, US), Equinix (California, US), Fujitsu (Tokyo, Japan), NTT DATA (Tokyo, Japan), Red Hat (North Carolina, US), NEC (Tokyo, Japan).
FAQ’s regarding the Government Cloud Market Report are:
What is Market Penetration of Government Cloud?
Comprehensive information on the product portfolios of the top players in the Government Cloud market
What is Product Development/Innovation of Government Cloud?
Detailed insights on the upcoming technologies, R&D activities, and product launches in the Government Cloud market
What is Competitive Assessment of Government Cloud?
In-depth assessment of the market strategies, geographic and business segments, and product portfolios of the leading players in the Government Cloud market
What is Market Development of Government Cloud?
Comprehensive information about emerging markets. This report analyzes the market for various Government Cloud products across geographies
What is Market Diversification of Government Cloud?
Exhaustive information about new products, untapped geographies, recent developments, and investments in the Government Cloud market
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Among the services, the integration and migration segment is expected to grow at highest rate during the forecast period. The migration to the cloud enables the government organizations and businesses to move their computing assets, such as applications, databases, infrastructures, platforms, and email databases, to the cloud.
Integration services offer the seamless functioning of the critical traditional systems with the cloud infrastructure and resolve the issues of interoperability.
North America is estimated to have the largest market share in 2017, while APAC is projected to be the fastest growing region in terms of CAGR. Implementation of strategic plans by the Asian governments to create a digital economy, government cloud initiatives, and the building of cloud capabilities to leverage next-generation technologies for sensors, Internet of Things (IoT), big data, and analytics are some of the key reasons that have led APAC to become a highly potential market.
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