Data Bridge Market Research analyses that the government cloud market which was growing at a value of 27.32 billion in 2021 and is expected to reach the value of USD 77.39 billion by 2029, at a CAGR of 13.90% during the forecast period of 2022-2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.
The market research report, such as Government Cloud Market report, plays a principal role in developing and enhancing the strategies for sales, advertising, marketing, and promotion. To carry out competitive analysis, a range of strategies of the major players in the market have been considered that range from new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others which lead to an ascend of their footprints in the market. Government Cloud market analysis report identifies as well as analyses the emerging trends along with major driving factors, challenges and opportunities in the market for This industry.
An international Government Cloud market survey report has been generated by considering myriad of objectives of market research that are vital for the success of ABC industry. This large scale report also presents an idea about consumer’s demands, preferences, and their altering likings about particular product. A data triangulation method is applied for this purpose which entails data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Government Cloud report estimates CAGR values in percentages which designate the rise or fall occurring in the market for particular product for the specific forecast period.
Get Full PDF Sample Copy of Report: (Including Full TOC, List of Tables & Figures, Chart) @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-government-cloud-market
Key Players Mentioned in the Government Cloud Market Research Report:
- IBM Corporation (U.S.)
- Microsoft (U.S.)
- Siemens AG (Germany)
- ANSYS, Inc (U.S.)
- SAP SE (Germany)
- Oracle (U.S.)
- Robert Bosch GmbH (Germany)
- ai, Inc. (U.S.)
- Atos SE (France)
- ABB (Switzerland)
- KELLTON TECH (India)
- AVEVA Group plc (U.K.)
- DXC Technology Company (U.S.)
- Altair Engineering, Inc. (U.S.)
- Hexaware Technologies Limited (India)
- Tata Consultancy Services Limited (India)
- Infosys Limited (India)
- NTT DATA, Inc. (Japan)
- TIBCO Software Inc. (U.S.)
An international Government Cloud Market research report proves to be true in serving the purpose of businesses of making enhanced decisions, deal with marketing of goods or services, and achieve better profitability by prioritizing Market goals. This Market report is a resource that makes available current as well as upcoming technical and financial details of the industry to 2029. The report explains Market definition, currency and pricing, Market segmentation, Market overview, premium insights, key insights and company profile of the major Market players. Moreover, the first class Government Cloud business report provides the data and information for actionable, most recent, and real-time Market insights which make it unfussy to take critical business decisions.
Recent Development
- In February 2022, Meta AI (formerly Facebook AI) announced that it had open-sourced data2vec, a unified framework for self-supervised deep learning on text, images, and speech audio data.
- In February 2022, Virtana, a California-based technology company, announced that it had developed a hybrid cloud management solutions platform that would allow its customers to plan, execute, and manage their hybrid cloud implementations. In addition, the company stated that it used a combination of AI, machine learning, and data analytics to provide observability for managing app workloads across public, private, hybrid, and multi-cloud environments.
- In April 2020, OpenGov Financials, a new financial management solution that expands its cloud-based software offerings and unveils the industry's first fully-integrated cloud ERP designed exclusively for local government, will be available. The solution will enable governments to run their mission-critical processes on a daily basis, as well as report, forecast, and budget using a single online platform.
Global Government Cloud Market Dynamics
Drivers
- Growing need for massive data handling from a remote endpoints
One of the key factors driving market growth is the widespread adoption of government cloud across various industrial verticals for accessing the massive amount of citizen data regarding user logs, policies, and systems from remote endpoints. In line with this, the integration of the Internet of Things (IoT), cloud-based solutions, and artificial intelligence (AI) for disaster recovery, data backup, and unstructured data sequencing is another growth driver. Furthermore, the rapid adoption of identity and access management (IAM) across various industrial verticals is driving market expansion.
- Governments are heavily investing in R&D activities for better functioning
The ongoing launch of cloud-based government web portals to ensure transparency and accountability by eliminating corruption practises and the growing demand for cloud-based security services to facilitate decision-making procedures are positively stimulating market growth.
Other factors, such as rising R&D investments for launching advanced technological solutions and the numerous initiatives undertaken by governments of various countries to strengthen infrastructure by implementing cloud-based solutions to reduce capital expenditure (CAPEX) and total cost of ownership (TCO), are creating a positive outlook for the market.
Opportunity
Increased compliance with technology regulations will boost market growth. Furthermore, the emergence of open data platforms will provide numerous new opportunities, propelling the growth of the government cloud market during the forecast period.
Restraints
In the forecasted period, the varying structure of regulatory policies is acting as a major market restraint for government cloud, whereas the reluctance of government agencies to adopt cloud technology and the high risk of information loss are acting as major challenges to the growth of the government cloud market.
This government cloud market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the government cloud market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Read Detailed Index of full Research Study @ : https://www.databridgemarketresearch.com/reports/global-government-cloud-market
Government Cloud Market Segmentations:
Type
- Solution
- Cloud storage
- Disaster recovery
- Identity and access management
- Risk and compliance management
- Others
- Services
- Training
- Consulting and education
- Support and maintenance
- Integration and migration
Service model
- Software as a Service
- Platform as a Service
- Infrastructure as a Service
Deployment model
- Public Cloud
- Private Cloud
- Hybrid Cloud
Application
- Server and Storage
- Disaster Recovery/Data Backup
- Security and Compliance
- Analytics
- Content Management
Geographic Segment Covered in the Report:
The countries covered in the Government Cloud Market report are U.S., Canada and Mexico in North America, Brazil, Argentina, Peru, Rest of South America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Hungary, Lithuania, Austria, Ireland, Norway, Poland, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Vietnam, Rest of Asia-Pacific, Saudi Arabia, U.A.E, Egypt, Israel, Kuwait, South Africa, Rest of Middle East and Africa.
The country section of the report also provides individual market impacting factors and changes in regulations in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, disease epidemiology and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
Make an Enquiry before Buying@: https://www.databridgemarketresearch.com/inquire-before-buying/?dbmr=global-government-cloud-market
Table of Contents
- Part 01: Executive Summary
- Part 02: Scope of the Government Cloud Market Report
- Part 03: Government Cloud Market Landscape
- Part 04: Government Cloud Market Sizing
- Part 05: Government Cloud Market Segmentation By Product
- Part 06: Five Forces Analysis
- Part 07: Customer Landscape
- Part 08: Geographic Landscape
- Part 09: Decision Framework
- Part 10: Drivers and Challenges
- Part 11: Market Trends
- Part 12: Vendor Landscape
- Part 13: Vendor Analysis
New Business Strategies, Challenges & Policies are mentioned in Table of Content, Request TOC @ : https://www.databridgemarketresearch.com/toc/?dbmr=global-government-cloud-market
Top Trending Reports by DBMR:
https://www.databridgemarketresearch.com/reports/global-antifreeze-market
https://www.databridgemarketresearch.com/reports/global-pluggable-connectors-market
https://www.databridgemarketresearch.com/reports/global-automotive-seat-heater-market
https://www.databridgemarketresearch.com/reports/global-insurtech-market
https://www.databridgemarketresearch.com/reports/global-gas-chemical-sensor-market
https://www.databridgemarketresearch.com/reports/global-aircraft-oxygen-system-market
https://www.databridgemarketresearch.com/reports/global-transportation-analytics-market
https://www.databridgemarketresearch.com/reports/global-modular-lcp-connectors-market
https://www.databridgemarketresearch.com/reports/global-automotive-cluster-market
https://www.databridgemarketresearch.com/reports/global-data-transmission-services-market
About Data Bridge Market Research, Private Ltd
Data Bridge Market Research Pvt Ltd is a multinational management consulting firm with offices in India and Canada. As an innovative and neoteric market analysis and advisory company with unmatched durability level and advanced approaches. We are committed to uncover the best consumer prospects and to foster useful knowledge for your company to succeed in the market.
Data Bridge Market Research is a result of sheer wisdom and practice that was conceived and built-in Pune in the year 2015. The company came into existence from the healthcare department with far fewer employees intending to cover the whole market while providing the best class analysis. Later, the company widened its departments, as well as expands their reach by opening a new office in Gurugram location in the year 2018, where a team of highly qualified personnel joins hands for the growth of the company. “Even in the tough times of COVID-19 where the Virus slowed down everything around the world, the dedicated Team of Data Bridge Market Research worked round the clock to provide quality and support to our client base, which also tells about the excellence in our sleeve.”
Data Bridge Market Research has over 500 analysts working in different industries. We have catered more than 40% of the fortune 500 companies ly and have a network of more than 5000+ clientele around the globe. Our coverage of industries includes
Contact Us
US: +1 888 387 2818
UK: +44 208 089 1725
Hong Kong: +852 8192 7475
Email – corporatesales@databridgemarketresearch.com
English
Arabic
Français
Português
Deutsch
Türkçe
Dutch
Italiano
Russian
Romaian