Increasing demand for faster deployment, greater agility, scalability, and flexibility

Global government cloud market

DUBLIN, May 8, 2024 (GLOBE NEWSWIRE) — 'World's Best “Government Cloud Market” – 2024 Forecast to 2030″ report has been added. ResearchAndMarkets.com Recruitment.

The global government cloud market is estimated to be USD 20.81 billion in 2023 and USD 24.15 billion in 2024, and is expected to grow at a CAGR of 16.36% and reach USD 60.13 billion by 2030. It has been.

There are several important factors that drive landscapes. First, there has been a marked increase in census data, and a parallel surge in data generation within the government sector. This growth highlights the pressing need for expanded storage and computing power. Additionally, faster deployments, increased agility, scalability, and flexibility are evident, all of which are driving potential demand. However, these drivers have certain limitations. Chief among them is the inadequate skills and training of government officials, which poses a significant obstacle.

But amidst these challenges, promising opportunities are emerging. The increasing adoption of Internet access management and the surge in demand for open data platforms are pointing the way to growth and innovation in this area. Nevertheless, navigating these waters is not without its hurdles. Government agencies tend to be reluctant to adopt new technologies, creating persistent challenges to progress.

FPNV positioning matrix

The FPNV positioning matrix is ​​crucial when evaluating the government cloud market. We examine key metrics related to business strategy and product satisfaction to provide a comprehensive evaluation of vendors. This detailed analysis allows users to make informed decisions tailored to their requirements. Based on their ratings, vendors are categorized into four different quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

market share analysis

Market Share Analysis is a comprehensive tool that provides an insightful and in-depth study of the current state of vendors in the Government Cloud market. Careful comparison and analysis of vendor contributions in terms of overall revenue, customer base, and other key metrics to help businesses better understand their performance and the challenges they face in competing for market share Become. Additionally, this analysis provides valuable insights into the competitive characteristics of the sector, including factors such as accumulation, fragmentation advantage, and amalgamation characteristics observed over the base year period studied. This expanded level of detail enables vendors to make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Main company overview

The report delves into the recent key developments in the Government Cloud market and highlights the key vendors and their innovative profiles. These include:

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• Adobe Corporation

• Amazon Web Services, Inc.

• AT&T Corporation

• Capgemini SE

• CGI Co., Ltd.

• Cisco Systems Corporation

• Citrix Systems, Inc.

• Equinix Inc.

• Fujitsu Limited

• Google LLC by Alphabet Inc.

• Hewlett Packard Enterprise Development LP

• Ideagen

• Informatica LLC

• Intel Corporation

• International Business Machines Corporation

• Lumen Technologies Co., Ltd.

• microsoft

• NEC

• NetApp Inc.

• Oracle Corporation

• Rackspace Technology Co., Ltd.

• Salesforce Co., Ltd.

• SAP SE

• Veritis Group Co., Ltd.

• Verizon Communications Inc.

• VMware Corporation

Market segmentation and coverage

This research report categorizes the Government Cloud market, forecasts revenue and analyzes trends in each of the following submarkets:

• type

  • service

    • Integration and migration

    • Support and maintenance

    • Training, consulting, education

  • solution

• service model

• Deployment model

  • hybrid cloud

  • private cloud

  • public cloud

key attributes

For more information on this report, please visit https://www.researchandmarkets.com/r/xnd9ou.

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