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The Cloud Storage Market for the Government Industry: Analysis & Forecast (2017-2023) - 2018 Report - ResearchAndMarkets.com

November 6, 2018

DUBLIN--(BUSINESS WIRE)--Nov 6, 2018--The “Cloud Storage Market for Government Industry - Forecasts from 2018 to 2023” report has been added to ResearchAndMarkets.com’s offering.

The cloud storage market for government was valued at US$1.457 billion in 2017 and is projected to expand at a CAGR of 21.74% over the forecast period to reach US$4.743 billion by 2023.Increasingly complex security landscape has forced government organizations to opt for various IT solutions and services. Factors such as restrictive fiscal budget, need for the reduction of office space costs, and increasing mobile workforce in public sectors across the globe are fueling the adoption of cloud-based solutions and services across government organizations.Growing adoption of BYOD strategy in government offices is further propelling the market growth of cloud computing to provide strong security to classified and sensitive information while allowing employees to access that information from anywhere.

By solution, the cloud storage market for government industry is segmented as primary and backup storage. The market for backup storage is expected to witness an impressive growth as enterprises continue to drift towards cloud for backing up their critical data and IT environment to ensure business continuity.

By deployment model, the cloud storage market for government industry is segmented as public, private and hybrid cloud. Private cloud holds a significant share in the market on account of the highly critical data being involved in this sector. Federal information is highly critical due to which private cloud is being preferred.

By services, the cloud storage market for government industry is segmented as integration, consulting and others. All these services are provided to the customers by the cloud storage solution provider so as to help businesses to boost their productivity in an efficient manner.

Key Topics Covered

1. Introduction

2. Research Methodology

3. Executive Summary

4. Market Dynamics

5. Cloud Storage Market for Government Industry Forecast by Solution

6. Cloud Storage Market for Government Industry Forecast by Deployment Model

7. Cloud Storage Market for Government Industry Forecast by Services

8. Cloud Storage Market for Government Industry Forecast by Geography

9. Competitive Intelligence

10. Company Profiles

Amazon Web Services Inc.MicrosoftIBMGoogleHewlett Packard Enterprise Development L.P.FujitsuRackspace US, Inc.CenturyLinkHuddle

For more information about this report visit https://www.researchandmarkets.com/research/n658fz/the_cloud_storage?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20181106005669/en/

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Related Topics:Cloud Computing and Storage

KEYWORD:

INDUSTRY KEYWORD: TECHNOLOGY DATA MANAGEMENT PUBLIC POLICY/GOVERNMENT OTHER GOVERNMENT

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 11/06/2018 10:47 AM/DISC: 11/06/2018 10:47 AM

http://www.businesswire.com/news/home/20181106005669/en

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