The Adoption of Big Data Technology to Take Government Cloud Market Forward

Innovations in various cloud computing technologies and public sector technology solutions, and the upgradation of government agencies’ digital platforms are positively influencing the government cloud market. It valued at $20,859.1 million in 2017 and is expected to attain a 15.4% CAGR during the forecast period (2018–2023). Cloud computing solutions that are specifically developed for government organizations and institutions are referred to as government cloud.

Cloud computing is trending in the government cloud market because not only is it transforming numerous businesses worldwide, but is also bringing about a change in the government sector by integrating and delivering services over the internet, thereby maintaining the cost-to-benefit ratio for end users.

A key factor driving the government cloud market is the rapid reduction in the total cost of ownership. Governments around the world are under intense pressure to reduce their expenses without compromising on critical public services. This has been a major reason for the governments to switch to cloud, which is resulting in cost cuts, directly or indirectly. Thus, the global sales of government cloud solutions are rising considerably, thereby increasing the market revenue.

The government cloud market is segmented by geography, solution, deployment, and model. Based on geography, the categories are Middle East & Africa, North America, Latin America, Europe, and Asia-Pacific (APAC). During the forecast period, with a 17.5% CAGR, the APAC region is expected to be the fastest growing category. This can be attributed to the increasing investments in information and communication technology in government setups, rise in promotional campaigns, and the need for improving citizen services.

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Based on model, the government cloud market is classified into platform as a service (PaaS), infrastructure as a service (IaaS), and software as a service (SaaS). In 2017, SaaS was the highest revenue contributor with a share of 48.2%. Advantages such as pay-as-you-go model and low cost resulted in its huge demand from government agencies, thereby resulting in the market growth. The renting of software applications from cloud service providers is done by government organizations using SaaS.

Thus, the market for this product is slated to experience significant growth in the forecast period owing to the increasing demand for data storage and smoother access by various government organizations.

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