The Government Cloud Market size was valued at 14.10 Billion in 2016 and is expected to grow at a Compound Annual Growth Rate (CAGR) of 13.4% during the forecast period.
Factors which are fuelling the growth of the Government Cloud Market are:
- Growth in the digital content across government entities
- Easier access from remote end-points
- Need for regulatory compliances.
The cloud storage segment is estimated to contribute the largest market share in 2017.
Among solutions, the cloud storage segment is estimated to have the largest market size in 2017 and is expected to continue its dominance during the forecast period. The enormous data volumes that the local, national, and international governmental bodies and associated agencies handle, create the need for a robust, secure, and cost-efficient storage infrastructure. The major factors driving the growth of the cloud storage segment include reduced cost of data storage, increasing demand for hybrid cloud storage, instant access and mobility, and easy deployment of cloud storage solutions.
Integration and migration segment is expected to grow at the highest CAGR during the forecast period.
With the increasing deployment of cloud computing, the integration and migration services segment is expected to grow at the highest CAGR 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
The major players in Government Cloud market include Amazon Web Services (Washington, US), Microsoft (Washington, US), IBM (New York, US), Google (California, US), HPE (California, US), Oracle (California, US), Salesforce (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 (Wall Dorf, Germany), NetApp (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), and NEC (Tokyo, Japan).
- These players have adopted various growth strategies, such as new product launches, partnerships, agreements, mergers and acquisitions, and expansions.
- Product launches and acquisitions were the 2 major strategies adopted by these players to achieve a strong foothold in the government cloud market.
Many Industry experts believe that, This is a huge growth, Two players has adopted the industry trends so well and they are delivering the Goverment Cloud Computing solutions above expectations. Below are these two players:
- AWS : Amazon Web Services’ government cloud offerings include products, such as AWS GovCloud (US) and G-Cloud UK. AWS GovCloud (US) is designed to meet the stringent US government security and compliance requirements, and host sensitive data and regulated workloads
- Microsoft : Microsoft is another top market player catering to the government cloud market. Azure Government is Microsoft’s government cloud platform for the US state, local, and federal government agencies
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