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
$102.50
Apple Inc.
+0.25
GOOG
$571.60
Google Inc.
+2.40
MSFT
$45.43
Microsoft Corpora
+0.55
MacNews Search:
Community Search:

Latest Forum Discussions

See All
view counter

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

This Week at 148Apps: August 25-29, 2014
Shiny Happy App Reviews   | Read more »
Qube Kingdom – Tips, Tricks, Strategies,...
Qube Kingdom is a tower defense game from DeNA. You rally your troops – magicians, archers, knights, barbarians, and others – and fight against an evil menace looking to dominate your kingdom of tiny squares. Planning a war isn’t easy, so here are a few tips to help you take apart your enemies. Attention All Cube Warriors: Want to know what we... | Read more »
Qube Kingdom Review
Qube Kingdom Review By Nadia Oxford on August 29th, 2014 Our Rating: :: KIND OF A SQUARE KINGDOMUniversal App - Designed for iPhone and iPad Qube Kingdom has cute visuals, but it’s a pretty basic tower defense game at heart.   | Read more »
Fire in the Hole Review
Fire in the Hole Review By Rob Thomas on August 29th, 2014 Our Rating: :: WALK THE PLANKUniversal App - Designed for iPhone and iPad Seafoam’s Fire in the Hole looks like a bright, 8-bit throwback, but there’s not enough booty to make this a compelling voyage.   | Read more »
Alien Creeps TD is Now Available Worldwi...
Alien Creeps TD is Now Available Worldwide Posted by Ellis Spice on August 29th, 2014 [ permalink ] Universal App - Designed for iPhone and iPad | Read more »
Dodo Master Review
Dodo Master Review By Jordan Minor on August 29th, 2014 Our Rating: :: NEST EGGiPad Only App - Designed for the iPad Dodo Master is tough but fair, and that’s what makes it a joy to play.   | Read more »
Motorsport Manager Review
Motorsport Manager Review By Lee Hamlet on August 29th, 2014 Our Rating: :: MARVELOUS MANAGEMENTUniversal App - Designed for iPhone and iPad Despite its depth and sense of tactical freedom, Motorsport Manager is one of the most accessible and addictive management sims around.   | Read more »
Motorsport Manager – Beginner Tips, Tric...
The world of Motorsport management can be an unforgiving and merciless one, so to help with some of the stress that comes with running a successful race team, here are a few hints and tips to leave your opponents in the dust. | Read more »
CalPal Update Brings the App to 2.0, Add...
CalPal Update Brings the App to 2.0, Adds Lots of New Stuff Posted by Ellis Spice on August 29th, 2014 [ permalink ] | Read more »
Baseball Battle Review
Baseball Battle Review By Jennifer Allen on August 29th, 2014 Our Rating: :: SIMPLE HITTINGUniversal App - Designed for iPhone and iPad Simple and cute, Baseball Battle is a fairly fun baseball game for those looking for something light.   | Read more »
All contents are Copyright 1984-2010 by Xplain Corporation. All rights reserved. Theme designed by Icreon.