PUBLISHER: TechNavio | PRODUCT CODE: 1580849
PUBLISHER: TechNavio | PRODUCT CODE: 1580849
Cloud Computing In Government Sector Market 2024-2028
The cloud computing in government sector market is forecasted to grow by USD 27223.3 mn during 2023-2028, accelerating at a CAGR of 14.8% during the forecast period. The report on the cloud computing in government sector market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increased cross-functional service, growing demand for cloud computing to decrease it expenditure, and rising demand for operational expenditure (OPEX) model.
Market Scope | |
---|---|
Base Year | 2024 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 12.6% |
CAGR | 14.8% |
Incremental Value | $27223.3 mn |
Technavio's cloud computing in government sector market is segmented as below:
By Product
By Geographical Landscape
This study identifies the rising demand for cloud-based security as one of the prime reasons driving the cloud computing in government sector market growth during the next few years. Also, increasing demand for internet quality and iot and relocation of big data will lead to sizable demand in the market.
The report on the cloud computing in government sector market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading cloud computing in government sector market vendors that include Alphabet Inc., Amazon.com Inc., AT and T Inc., Capgemini Services SAS, CGI Inc., Cisco Systems Inc., Citrix Systems Inc., Dell Technologies Inc., Equinix Inc., Fujitsu Ltd., Hewlett Packard Enterprise Co., Informatica Inc., International Business Machines Corp., Lumen Technologies Inc., Microsoft Corp., NEC Corp., NetApp Inc., NTT DATA Corp., Oracle Corp., and Salesforce Inc.. Also, the cloud computing in government sector market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
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