cloud computing provider 300x208 Government Sector will Invest $18.48 Billion by 2018 in Cloud ComputingCloud computing services are increasingly moving into the future in the government sector. However, the adaptation is slow due to security, privacy and regulatory matters. The market research firm MarketsandMarkets assume that government agencies will invest $18.48 billion dollars in cloud computing by 2018.

The report “Government Cloud Market By Agency (Federal Cloud, State and Local Cloud, Defense & Military Cloud), By Delivery (SaaS, PaaS, IaaS), By Deployment (Public, Private, Hybrid, Community) Global Advancements, Market Forecasts and Analysis (2013 – 2018)” by MarketsandMarkets says that nothing will disturb the growth of cloud computing over the next five years, representing a Compound Annual Growth rate (CAGR) of 45.1% per year over five coming years.

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, says the report.

On-premise deployments as well as infrastructure, platform and software-as-a-service will expand at a compound annual growth rate of 45.1 percent through 2018. It should be noted that the flexibility of the information system appears to be the primary cause of the adoption of cloud to reduce costs. In addition, market leaders are investing in acquisitions and new technologies to address the increasing demand across a wide range of public and government organizations and to expand existing product portfolio.

MarketsandMarkets report said one of the biggest drivers of growth will be the big data, systems handling and large datasets. The amount of data generated from virtualization, mobility and cloud is already forcing government agencies to reevaluate their cloud strategy and study more economical and efficient to store vast amounts of information forms, and these new mechanisms will be based on cloud solutions. The study also identifies social collaboration in the emerging new era including adoption of cloud applications such as server and storage, collaboration, business operations, disaster recovery/data backup, health and safety, security and compliance, mobility, analytics, cloud gaming and content management.

North America is the biggest market for government cloud but Asia Pacific (APAC) region is expected to become the biggest market for government cloud, surpassing cloud implementations across all other regions.

MarketsandMarkets another recent report predicted that the health care industry will invest $5.4 billion in cloud computing by 2017 in segments including applications, deployment models, service models, pricing models, and components.

  • http://www.kizijogos.co/ Kizi jogos

    I think that the government hopes to cloud computing industry can bring new benefits to the country. I think it will not be in vain

Hottest IT Skills in 2013 – Cloud, Mobile and BI
In 2012, more than 1.7 million jobs in the field of cloud computing remained unoccupied, according to analysts firm IDC. READ MORE
How Cloud Computing Influences Digital Marketing
Cloud marketing has the ability to drastically change the ways in which they reach and engage their audience, particularly with regard to distributing and storing mission-critical data. READ MORE
Gartner: BYOD to Take Center Stage For Mobile App Use by 2017
More and more companies encourage their employees to work on their devices, thus reducing the cost of computer equipment, but also increase the cost to maintain licenses and safety. READ MORE
Maturity in the Cloud: Start Thinking Like a Grown-Up
Despite the inclination to wait until all of the cloud’s kinks have been worked out, holding off on cloud initiatives until the industry matures won’t guarantee success. READ MORE
PwC: Cloud, SaaS and Mobile Are Changing Software Industry
The software industry is undergoing major changes by trends such as cloud, SaaS, mobile technology and the “consumerization of IT”. READ MORE
10 Cloud Computing Game Changers
Here are the ten most influential cloud computing companies, and the reason why. READ MORE