Dublin, May 08, 2024 (GLOBE NEWSWIRE) -- The "Global Government Cloud Market by Type (Services, Solutions), Service Model (Infrastructure as a Service, Platform as a Service, Software as a Service), Deployment Model - Forecast 2024-2030" report has been added to ResearchAndMarkets.com's offering.
The Global Government Cloud Market was estimated at USD 20.81 billion in 2023, USD 24.15 billion in 2024, and is expected to grow at a CAGR of 16.36% to reach USD 60.13 billion by 2030.
Several key factors drive the landscape. Firstly, there's a marked increase in census data, paralleled by a surge in data generation within governmental spheres. This uptick underscores the pressing need for expanded storage and computational capabilities. Moreover, there's a discernible push towards quicker deployment, enhanced agility, scalability, and flexibility, all fueling potential demand. However, alongside these drivers lie certain restraints. Chief among them is the insufficient skills and training among government personnel, posing a significant obstacle.
Yet, amidst these challenges, there emerge promising opportunities. The rising adoption of internet access management and the burgeoning demand for open data platforms signal avenues for growth and innovation within the sector. Nonetheless, navigating these waters isn't without hurdles. Governmental entities tend to exhibit reluctance towards embracing newer technologies, posing a persistent challenge to progress.
FPNV Positioning Matrix
The FPNV Positioning Matrix is pivotal in evaluating the Government Cloud Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
Market Share Analysis
The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Government Cloud Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Key Company Profiles
The report delves into recent significant developments in the Government Cloud Market, highlighting leading vendors and their innovative profiles. These include:
- Adobe Inc.
- Amazon Web Services, Inc.
- AT&T Inc.
- Capgemini SE
- CGI Inc.
- Cisco Systems, Inc.
- Citrix Systems, Inc.
- Equinix, Inc.
- Fujitsu Limited
- Google LLC by Alphabet Inc.
- Hewlett Packard Enterprise Development L.P.
- Ideagen
- Informatica LLC
- Intel Corporation
- International Business Machines Corporation
- Lumen Technologies, Inc.
- Microsoft Corporation
- NEC Corporation
- NetApp, Inc.
- Oracle Corporation
- Rackspace Technology, Inc.
- Salesforce, Inc.
- SAP SE
- Veritis Group Inc.
- Verizon Communications Inc.
- VMware, Inc.
Market Segmentation & Coverage
This research report categorizes the Government Cloud Market to forecast the revenues and analyze trends in each of the following sub-markets:
- Type
- Services
- Integration and Migration
- Support and Maintenance
- Training, Consulting, and Education
- Solutions
- Cloud Storage
- Disaster Recovery
- Identity and Access Management
- Risk and Compliance Management
- Services
- Service Model
- Infrastructure as a Service
- Platform as a Service
- Software as a Service
- Deployment Model
- Hybrid Cloud
- Private Cloud
- Public Cloud
- Region
- Americas
- Asia-Pacific
- Europe, Middle East & Africa
Key Attributes
| Report Attribute | Details |
| No. of Pages | 191 |
| Forecast Period | 2024-2030 |
| Estimated Market Value (USD) in 2024 | $24.15 Billion |
| Forecasted Market Value (USD) by 2030 | $60.13 Billion |
| Compound Annual Growth Rate | 16.3% |
| Regions Covered | Global |
For more information about this report visit https://www.researchandmarkets.com/r/xnd9ou
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