INFORMATION TECHNOLOGY NEWS

INFORMATION TECHNOLOGY
News & Trends

Government Cloud Market – Growth, Trends, and Forecast

Share:

New York, June 09, 2021 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Government Cloud Market – Growth, Trends, and Forecast (2020 – 2025)” – https://www.reportlinker.com/p06000950/?utm_source=GNW

– Government data generation is on the rise due to growing census data (ever-increasing population), new policies/initiatives introduction, partnerships with other regions, and GDP increase due to new enterprises mushrooming. Legacy systems consisting of physical hardware are not efficient and might run out of space. Hence, government cloud is mandatory.
– In 2009, the United States launched the data.gov portal. Since then, there has been a rapid increase in the systematic opening of government data around the world. Cloud is responsible for the transparency of government data, which promotes the government’s accountability and reduces corruption. It also helps in empowering citizens and helps to solve complex public problems bringing a wider range of expertise and knowledge to bear on public problems.
– The skills gap is the major challenge faced by cloud computing companies. As per IBM, shortage of skills in cloud technologies is one of their topmost prediction in 2018. OpRamp’s Cloud Skills Survey also says that most of the enterprises are planning to go for a hybrid model where they will shift certain specialized workload to managed service providers and also the re-skill internal team.

Key Market Trends
Storage is the Most Widely Used Application

– Downtime due to hardware failures, software misconfigurations, security breaches, and data loss impact the productivity of the government offices.
– Cloud is a reliable option when it comes to storage of government data. That is because government budgets are limited and on-premise solutions are becoming costlier with an increasing volume of data.
– Central and state governments have large amounts of data in the form of user records, public policies, and schemes. Thus, it becomes critically important that the government has a strong and robust storage option so that it delivers all the services on demand.
– Companies, like Pure Storage, offer all-inclusive software-based encryption, snaps, replication and cloning to ensure data integrity. That cloud database is then managed by Rubrik.

Asia-Pacific to Witness the Highest Growth

– Asia-Pacific is in the middle of a transformation powered by cloud technologies.
– The increasing proliferation of smartphones and tablets are causing major companies to establish their cloud data center in Asia-Pacific.
– The governments in Australia and Singapore see cloud services as an opportunity to improve government service delivery outcomes by eliminating redundancy, increasing agility, and providing information and communication technology (ICT) services at a cheaper cost.
– Moreover, the Government of India has implemented a number of ICT initiatives under the National e-Governance Plan (NeGP), including the creation of ICT infrastructure both at the center and state levels. The infrastructure, thus, created is providing the basis for the adoption of cloud computing for the government with the objective of making optimum use of existing infrastructure, re-use of applications, efficient service delivery to the citizens, and increasing the number of e-transactions in the country, as a result, helping achieve the ultimate goal of NeGP.

Competitive Landscape
The market for government cloud is concentrated with major giants, such as Microsoft, Oracle NEC, IBM, and Google, providing cloud solutions and services for the government. The entry barrier is high for this market since the existing vendors have a strong foothold in the market.

– April 2019: Amazon and Microsoft are competing for a USD 10 billion military cloud contract called JEDI (Joint Enterprise Defense Infrastructure). JEDI is designed to upgrade legacy systems with newer cloud services. According to the original proposal, JEDI Cloud will provide enterprise-level, commercial IaaS and PaaS to the Department and any mission partners for all Department business and mission operations.
– November 2018: Amazon Web Services opened a new region of interconnected data centers specifically for the US government and its various contractors. The new government cloud region comes seven years after Amazon’s first West Coast government cloud region debuted in 2011.

Reasons to Purchase this report:
– The market estimate (ME) sheet in Excel format
– 3 months of analyst support
Read the full report: https://www.reportlinker.com/p06000950/?utm_source=GNW

About Reportlinker
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need – instantly, in one place.

__________________________

Click to View Original Source

You may also like