The Adoption of Big Data Technology to Take

Government Cloud Market Forward

Innovations in various cloud computing technologies and public sector technology

solutions, and the upgradation of government agencies’ digital platforms are
positively influencing the government cloud market. It valued at $20,859.1 million
in 2017 and is expected to attain a 15.4% CAGR during the forecast period (2018–
2023). Cloud computing solutions that are specifically developed for government
organizations and institutions are referred to as government cloud.

Another trend in the market is the prevalent use of big data in government work.
The huge population in several countries is leading to the increasing need for the
resourceful management of massive amounts of information. By using big data,
governments can improve their efficiency and deliver services to people on time by
smoothly accessing public data, policies, and other relevant information without
the hassle of communicating through different channels.

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analysis/government-cloud-market

A key factor driving the government cloud market is the rapid reduction in the
total cost of ownership. Governments around the world are under intense pressure
to reduce their expenses without compromising on critical public services. This has
been a major reason for the governments to switch to cloud, which is resulting in

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 The Adoption of Big Data Technology to Take
Government Cloud Market Forward

cost cuts, directly or indirectly. Thus, the global sales of government cloud
solutions are rising considerably, thereby increasing the market revenue.

The government cloud market is segmented by geography, solution, deployment,

and model. Based on geography, the categories are Middle East & Africa, North
America, Latin America, Europe, and Asia-Pacific (APAC). During the forecast
period, with a 17.5% CAGR, the APAC region is expected to be the fastest growing
category. This can be attributed to the increasing investments in information and
communication technology in government setups, rise in promotional campaigns,
and the need for improving citizen services.

Thus, the market for this product is slated to experience significant growth in
the forecast period owing to the increasing demand for data storage and
smoother access by various government organizations.

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Government Cloud Market Forward

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Disclaimer: Government Cloud Market Forward
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