#governmentcloudmarket
The Global Government Cloud market was valued at US $31.49 Bn. in 2022, and it is expected to reach US $96.82 Bn. by 2029 with a CAGR of 17.4% during the forecast period. All cloud computing and virtualization technologies and solutions designed exclusively for government companies and institutions are referred to as government cloud. Government Cloud is a global initiative aimed at addressing and designing cloud solutions that satisfy the needs of IT as well as the strategic, financial, and operational goals of federal governments around the world.
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