According to IMARC Group’s latest report, titled “Global Government Cloud Market Size, Share, Growth, Industry Trends, Opportunity and Forecast 2022-2027", the global government cloud market reached a value of US$ 27.6 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 71.2 Billion by 2027 exhibiting a CAGR of 16.30% during 2022-2027.

Government cloud refers to cloud computing and virtualization products developed specifically for government organizations and institutions. It enables federal agencies to host web applications, deliver citizen services, and enhance overall operational effectiveness. It offers security, better cost efficiency, flexibility, compliance, higher scalability, and improved reliability. It also aids in providing information regarding strategic transformation, creating documentation, configuring customized settings for backup, and developing teams to emphasize products. At present, government cloud services are available in varying delivery modes, such as platform as a service (PaaS), software as a service (SaaS), and infrastructure as a service (IaaS).

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We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Government Cloud Market Trends:

The market is primarily driven by the extensive adoption of digital services in government organizations. In addition, the widespread utilization of government cloud services across several industrial verticals for accessing the excessive amount of citizen data regarding policies, user logs, and systems represents another growth-inducing factor. Along with this, the integration of cloud-based services, the Internet of Things (IoT), and artificial intelligence (AI) solutions for executing data backup, disaster recovery, and unstructured sequencing information is also contributing to the market growth.

Furthermore, rising investments in research and development (R&D) activities by the leading market players for launching advanced technological solutions and various initiatives undertaken by the governments of numerous countries for strengthening infrastructure by developing cloud-based solutions are other factors augmenting the market growth.

Global Government Cloud Market 2022-2027 Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these top key players include:

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

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The report has 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 Geography:

• 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 (2016-2021)
• Market Outlook (2022- 2027)
• 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.

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.