Government Cloud Industry Development and Demand Forecast to 2030

The government cloud market 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.

The SaaS model (Software as a Service) occupied the pole position among the key players in the field which consequently was fueled by the common desire to conveniently access high-end software tools with the addition of major cutbacks in the hardware costs. One of the upshots is that public bodies in various nations are striving more to have SaaS products deployed to manage software updates and deployment efficiently.

North America stood out as being the greatest driving force in the development of the industry because it was always concerned about data security, the mastery of adopting new technologies, and the demand for the government to be efficient and responsive.

Moreover, governments in North America which include Canada and the USA are emphasizing the security of the data in the cloud which in turn makes more developers consider developing secure government clouds that comply with stern regulations like FISMA and FedRAMP.

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