How big is the government cloud market?
The government cloud market is experiencing substantial growth, currently estimated at USD 42.9 billion in 2024 and projected to reach a significant USD 137.0 billion by 2033, indicating a considerable expansion within the sector. This robust growth is characterized by a strong compound annual growth rate (CAGR) of 13.07% during the forecast period from 2025 to 2033, driven by the increasing need for enhanced data security and scalability within government operations, alongside the growing adoption of cloud-based solutions to improve efficiency and reduce IT costs. The rising demand for digital government services and the ongoing modernization of public sector IT infrastructure are further propelling the expansion of the government cloud market, making it a vital area within the broader cloud computing landscape.
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Read the full report here: https://www.imarcgroup.com/government-cloud-market
