Government cloud market worth $18.48 billion by 2018
TweetFollow Us on Twitter

Government cloud market worth $18.48 billion by 2018

According to new data from Markets and Markets (www.marektsandmarkets.com), the government cloud market will be worth US$18.48 billion by 2018.

Government bodies -- such as federal, state and local agencies -- are adopting private and community clouds internally or in a group of departments. There is less traction for public and hybrid clouds. In the present scenario, the maturity of these cloud systems is not enough for adoption by the public agencies, according to Markets and Markets. It is up to the discretion of the agencies to adopt their choice of deployment models, says the research group.

Different deployment models have their unique advantages and have their negatives, as well. Overall, the implementation of government cloud will help the government agencies to achieve their mission demands, improve automation, develop core competency and adopt sustainability practices.

According to Markets and Markets, the movement into the cloud is an evolutionary approach, which requires a shared vision among government organizations and other lines of businesses. Government agencies are readily adopting the cloud strategy, which leads them to pooled visualization from partial virtualization. The cloud implementation in the government organizations has several advantages.

The public agencies and other departments work collaboratively to achieve mutual goals, including minimization of costs and improvements of services, says Markets and Markets. There is a need to overcome the arising cultural issues that are becoming substantial factors in the cloud implementations. There has to be reforms in the overall management structure of the government agencies, according to the research group.

There are numerous upcoming trends in the government cloud market, which creates enhanced opportunities for the citizens and other small departments. The collaborative and content development tools are enabling services providers to offer world-class cloud experience to the agencies. There are many tools and software applications that are entering into this market. The solutions and services are facilitating the establishment of successful infrastructure facilities for government organizations, opines Markets and Markets.

The global government cloud market is estimated to grow from US$2.87 billion in 2013 to $18.48 billion in 2018. This represents a compound annual growth rate (CAGR) of 45.1% from 2013 to 2018. In the current scenario, government organizations are seen as the major adaptor for these cloud computing technologies.

In regions, North America is poised to be the biggest market for government cloud. However, over the next six years, Asia Pacific (APAC) will experience increased market traction. APAC is expected to become the biggest market for government cloud, surpassing cloud implementations across all other regions, predicts Markets and Markets.

 
AAPL
$100.86
Apple Inc.
-0.77
GOOG
$579.95
Google Inc.
+6.85
MSFT
$46.76
Microsoft Corpora
+0.52
MacNews Search:
Community Search:

Latest Forum Discussions

See All
view counter

view counter
view counter
view counter
view counter
view counter
view counter

Zynga Unveils First Look at Looney Tunes...
Zynga Unveils First Look at Looney Tunes Dash! Posted by Ellis Spice on September 16th, 2014 [ permalink ] Be vewy, vewy qwiet. I’m hunting wunners featuwing wabbits, and luckily, it’s duck season wunner season. | Read more »
Guardians on the Go – How to Connect to...
At this point I’m relatively certain most of the country is familiar with Destiny. And for those looking to augment their game a bit, Bungie has changed their Bungie Mobile Companion App to Destiny Companion. | Read more »
Kunin Review
Kunin Review By Jordan Minor on September 16th, 2014 Our Rating: :: SHURIKEN DO ITUniversal App - Designed for iPhone and iPad Kunin is a nervous test of ninja reflexes.   Developer: Dodreams Price: FREE Version Reviewed: 1.0.1 Device Reviewed On: iPad Air | Read more »
4 KEMCO Titles are Just $0.99 for a Limi...
4 KEMCO Titles are Just $0.99 for a Limited Time Posted by Jessica Fisher on September 16th, 2014 [ permalink ] KEMCO RPGs Destiny Fantasia, Infinite Dunamis, Bonds of the Sk | Read more »
Introducing Flash, the Latest Wearable F...
Introducing Flash, the Latest Wearable Fitness Monitor from Misfit Posted by Jessica Fisher on September 16th, 2014 [ permalink ] The Misfit Flash is the newly-released fitness and sleep monitor from | Read more »
Hyper Trip Review
Hyper Trip Review By Jennifer Allen on September 16th, 2014 Our Rating: :: HYPER TWITCHYUniversal App - Designed for iPhone and iPad Tough and unforgiving, Hyper Trip is a bit like Snake – if Snake was really harsh.   | Read more »
Collectible Card Game Earthcore: Shatter...
Collectible Card Game Earthcore: Shattered Elements is Set to Arrive on iOS in 2015 Posted by Ellis Spice on September 16th, 2014 [ permalink ] Polish developers | Read more »
Boogey Boy Review
Boogey Boy Review By Jennifer Allen on September 16th, 2014 Our Rating: :: PRETTY BUT BASICUniversal App - Designed for iPhone and iPad It looks delightful but lack of Game Center support and more variety really affects the fun that Boogey Boy offers.   | Read more »
Vizzywig 4K (Photography)
Vizzywig 4K 1.0 Device: iOS iPhone Category: Photography Price: $999.99, Version: 1.0 (iTunes) Description: REQUIRES: iOS 7 on iPhone 5S with 32GB or 64GB. (Do not use iOS 8)The world's FIRST mobile 4K video capture, editing and distribution app. | Read more »
The Sleeping Prince Review
The Sleeping Prince Review By Jennifer Allen on September 15th, 2014 Our Rating: :: RESTRICTIVE KINGDOM SAVINGUniversal App - Designed for iPhone and iPad The Sleeping Prince looks and feels great to play, but its lack of peril and restrictive energy system infuriates.   | Read more »
All contents are Copyright 1984-2010 by Xplain Corporation. All rights reserved. Theme designed by Icreon.