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HomeTechnology NewsHow is Penetration of IoT driving Government Cloud Market?

How is Penetration of IoT driving Government Cloud Market?

These days almost every industry is making use of advanced technologies for optimizing their operations and increasing their output. Implementation of technologies often help organizations to cut down on costs, which is a major reason for their increasing integration in processes. Due to these reasons, government agencies have also been adopting cloud. It aids them in cutting down on capital expenditure without compromising the necessary public services. The total cost of ownership is decreased for governments by the use of cloud.  

Ascribed to such factors, the global government cloud market is projected to advance at a significant pace in the coming years. Government ICT executives are widely looking for sophisticated network solutions that would allow them to react much more efficiently to the various public concerns. Due to this, the adoption of government cloud is increasing, as it allows executives to adapt to the rapidly changing technology scenario with minimal expenses and hassles of any kind.  

Government cloud further aids agencies in enhancing adaptability and agility, along with providing the benefits of virtual resources, increased flexibility, and faster deployment. The rapid penetration of the IoT technology is further predicted to drive the adoption of cloud solutions in the government sector. Implementing IoT-based solutions required the use of cloud-based technologies for establishing the connection between devices. The increasing investment in the IoT sector, therefore, is expected to result in the rising demand of government cloud in the coming years.  

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Out of these, the disaster recovery division is projected to grow at the fastest pace during the forecast period, owing to the increasing focus of government agencies on creating backup plans for safeguarding data losses. The service category is predicted to register the faster growth during the forecast period. The subcategories of service are support & maintenance, training & consulting, and integration & migration.  

The demand for training & consulting has been the highest in the past, because of the rising spending on awareness programs that revolve around the implementation of cloud in the government sector. Geographically, North America dominated the government cloud market in 2017, according to a report by P&S Intelligence. The high demand for rising investments by government agencies in cloud-based solutions are driving the regional domain. The Asia-Pacific region is expected to grow at the fastest pace during the forecast period.  

In conclusion, the market is being driven by the rising penetration of IoT.  

 

SOURCE: P&S Intelligence