2014-01-29 12:45:04 - Government Cloud Market: Global Advancements, Market Forecasts and Analysis 2013-2018 - a new market research report on companiesandmarkets.com
The global government cloud market is suggested to a have reached a value of around $2.9 billion at the beginning of 2013, and is forecast to grow to a total of $18.5 billion by 2018. This suggests a CAGR growth rate of around 45.1% between 2013 and 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.
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. 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.
There are numerous upcoming trends in 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.
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