Government Cloud Industry Trends, Leading Players and Forecast Report, 2030
The government cloud industry was valued at USD 40.2 billion in 2023 and is projected to reach USD 102.2 billion by 2030, with a growth rate of 14.5% from 2024 to 2030. This development of the market can be credited to the increasing requirement for compliant and protected data storage and managing solutions throughout government agencies. In agreement with this, as cyber threats continuously grow, governments spot the requirement for government clouds fortified with robust cybersecurity measures, making a positive position for market development. Unlike before, nowadays the immense growth of the government cloud market is reliant on a lot of influencers using diverse factors like developing a network for remote access to citizen data which includes user logs, policies, and remote systems among others. In addition, the adoption of cloud IaaS and PaaS, AI, and IoT for smoother backup, unstructured data processing, and business resumption is leading to growth. On top of this, the growin...