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The cloud computing market share in the government sector is expected to increase by USD 25.41 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 14.04%.
This cloud computing market in government sector research report provides valuable insights on the post-COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers cloud computing market in government sector segmentation by product (hardware, software, and services) and geography (North America, Europe, APAC, South America, and Middle East and Africa). The cloud computing market in government sector report also offers information on several market vendors, including Alphabet Inc., Amazon.com Inc., AT and T Inc., Capgemini Service SAS, CGI Inc., Cisco Systems Inc., Citrix Systems Inc., Dell Technologies Inc., Equinix Inc., Fujitsu Ltd., Hewlett Packard Enterprise Co., Informatica LLC, International Business Machines Corp., Lumen Technologies Inc., Microsoft Corp., NEC Corp., NetApp Inc., NTT DATA Corp., Oracle Corp., Salesforce.com Inc., SAP SE, and VMware Inc. among others.
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The increased cross-functional service is notably driving the cloud computing market growth in government sector, although factors such as increasing costs of cloud services may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the cloud computing industry in government sector. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Cloud Computing Market Driver in Government Sector
One of the key factors driving the global cloud computing market growth in government sector is the increased cross-functional service. Government departments are cooperating effortlessly through integrated cross-functional systems to provide improved public services. The increasing adoption of cloud computing services will remove unnecessary steps and will streamline processes to increase productivity. As a result, the increased efficiency will support organizational growth by improving worker productivity and fulfilling the need of government service users faster. Government departments fulfill their duties via appropriate access to integrated, cross-functional application systems. Properly trained people within an organization can hand over access authorizations and applicable rights to other departments. Thus, the need to increase operational efficiency will fuel the market growth during the forecast period.
Key Cloud Computing Market Trend in Government Sector
Rising demand for cloud-based security is one of the key cloud computing market trends in government sector that is expected to impact the industry positively in the forecast period. As cyber threats are increasing, attacks on cloud infrastructure are becoming more sophisticated and automated. Thus, the need for a cloud security strategy has increased the demand for cloud computing, and organizations have directed their investments in cloud security. Startups and established players are working toward improving detection by upgrading their security preparations with real-time alerts and response capabilities for minimizing cloud security-related threats. As established players and newcomers respond to IT concerns, the projected area of focus is on building software that simplifies policy compliance, data protection, and visibility. Such factors will further support the market growth in the coming years.
Key Cloud Computing Market Challenge in Government Sector
One of the key challenges to the global cloud computing market growth in government sector is the increasing costs of cloud services. As the business or government organizations transfer their data to the cloud, the organizations become hooked on the service providers. Though an organization saves money on hardware, management, and maintenance by using cloud computing solutions, it has to spend more money on bandwidth. As data transmission for sending sophisticated and intensive data over the network requires adequate data bandwidth to reduce latency and application time-outs. This has directed many organizations to wait for a reduction in the cost of cloud solutions before transferring their data to the cloud. Thus, the increasing costs of performance and bandwidths will adversely affect the market in focus during the forecast period.
This cloud computing market in government sector analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.
Technavio categorizes the global cloud computing market in government sector as a part of the global Internet services and infrastructure market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the cloud computing market in government sector during the forecast period.
The report analyzes the market's competitive landscape and offers information on several market vendors, including:
This statistical study of the cloud computing market in government sector encompasses successful business strategies deployed by the key vendors. The cloud computing market in government sector is fragmented and the vendors are deploying growth strategies such as geographical expansion and investment R&D to compete in the market.
To make the most of the opportunities and recover from the post-COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The cloud computing market in government sector forecast report offers in-depth insights into key vendor profiles. The profiles include information on the leading companies' production, sustainability, and prospects.
Our report provides extensive information on the value chain analysis for the cloud computing market in government sector, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.
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44% of the market's growth will originate from North America during the forecast period. The US is the key market for cloud computing in government sector in North America. Market growth in this region will be faster than the growth of the market in South America and MEA.
The significant increase in the adoption of cloud services in industrial and government organizations, in order to streamline the workflow, will facilitate the cloud computing market in government sector growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
COVID Impact and Recovery Analysis
In 2020, the outbreak of COVID-19 positively impacted the growth of the market. This was because of the adoption of cloud computing solutions by various governments in this region to protect the data on the cloud. This compelled governments to collaborate with the vendors of cloud security solutions to avail of their cloud computing services. Hence, the cloud computing market in government sector in this region grew in 2020, and the trend is expected to continue during the forecast period.
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The cloud computing market share growth in the government sector by the hardware segment will be significant during the forecast period. With the increase in the demand for big data and analytics, organizations across several verticals are adopting cloud computing for faster data processing.
This report provides an accurate prediction of the contribution of all the segments to the growth of the cloud computing market size in government sector and actionable market insights on the post-COVID-19 impact on each segment.
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Cloud Computing Market Scope in Government Sector |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2021 |
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Forecast period |
2022-2026 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 14.04% |
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Market growth 2022-2026 |
$25.41 billion |
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Market structure |
Fragmented |
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YoY growth (%) |
13.48 |
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Regional analysis |
North America, Europe, APAC, South America, and Middle East and Africa |
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Performing market contribution |
North America at 44% |
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Key consumer countries |
US, China, Japan, UK, and Germany |
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Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
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Key companies profiled |
Alphabet Inc., Amazon.com Inc., AT and T Inc., Capgemini Service SAS, CGI Inc., Cisco Systems Inc., Citrix Systems Inc., Dell Technologies Inc., Equinix Inc., Fujitsu Ltd., Hewlett Packard Enterprise Co., Informatica LLC, International Business Machines Corp., Lumen Technologies Inc., Microsoft Corp., NEC Corp., NetApp Inc., NTT DATA Corp., Oracle Corp., Salesforce.com Inc., SAP SE, and VMware Inc. |
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Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Five Forces Analysis
5 Market Segmentation by Product
6 Customer Landscape
7 Geographic Landscape
8 Drivers, Challenges, and Trends
9 Vendor Landscape
10 Vendor Analysis
11 Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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