Mary-Louise Hoffman
A MarketsandMarkets report estimates the value of the worldwide government cloud market to be $18.48 billion by 2018, up from $2.87 billion last year.
The research firm said Thursday it predicts North America will be the largest regional market for cloud computing platforms designed for government organizations through 2018.
Federal, state and local government agencies have adopted cloud technologies to automate information technology processes in order to meet mission demands, according to MarketsandMarkets.
Moving to a cloud environment could allow public organizations to collaborate with each other, save money and improve their services, the market analysis report states.
The report noted the sector offers a range of software applications and services intended to help agencies build infrastructure in the cloud.
