Military Cloud Computing Market by Deployment Type (Public Cloud, Private Cloud, Hybrid Cloud), Service Model (Infrastructure as a Service ,Platform as a Service, and Software as a service), Application, End User and Region - Global Forecast to 2028
The military Cloud Computing Market is estimated to be USD 8.5 billion in 2023 and is projected to reach USD 15.3 billion by 2028, at a CAGR of 12.5 % during the forecast period. Due to several factors, the global market for military cloud computing is expanding significantly. Military Cloud Computing delivers several key advantages which includes Scalability, Cost-Efficiency, Global Accessibility, Data Centralization, Rapid Deployment among others. Military cloud computing provides armed forces with a flexible, cost-effective, and secure platform for improving operational capabilities, data management, and collaboration in an increasingly complex and dynamic security environment.
” Hybrid Cloud”: The fastest growing segment by deployment type during the forecast period.” Based on deployment type, the military cloud computing market has been segmented into Private Cloud, Hybrid Cloud, and Public Cloud. Hybrid Cloud is expected to be the fastest-growing segment during the forecast period. Hybrid cloud offers a balance between the need for secure, on-premises infrastructure and the advantages of the public cloud. It enables military organizations to maintain sensitive data and critical applications within their own controlled environments while leveraging the scalability, cost-efficiency, and innovation potential of the public cloud for less sensitive workloads and tasks. ” Air Force”: The fastest growing segment by end user during the forecast period.” Based on End User, the military cloud computing market has been segmented into Army, Navy, Air Force. The use of military cloud computing is increasing in the air force for several compelling reasons as it offers enhanced data accessibility and sharing capabilities, which are critical for modern air operations. Cloud solutions enable air force personnel to access mission-critical information and applications from various locations, including remote bases and aircraft, facilitating real-time decision-making and collaboration among geographically dispersed units.
” Platform as a Service (PaaS)”: The fastest growing segment by service model during the forecast period
Platform as a Service (PaaS) has secured the highest growth rate by service model of military cloud computing as PaaS provides a ready-made development environment with tools and frameworks that significantly streamline the creation and deployment of applications. For the military, this means faster development of mission-critical software and applications, enabling quicker response times to evolving threats and operational requirements.
“China to account for the largest CAGR in the military cloud Market in forecasted year”
China has witnessed significant growth in the development of military cloud computing market in recent years. Several factors contribute to this trend:
Expanding Military Modernization: China has been heavily investing in military modernization efforts, aiming to enhance its defense capabilities and keep pace with technological advancements. As part of this modernization drive, the Chinese military is increasingly relying on cloud computing to support data-intensive operations, including intelligence, surveillance, reconnaissance, and cyber warfare.
Strategic Partnerships: China has been forming strategic partnerships and alliances with technology companies, both domestic and international, to leverage their cloud expertise. These partnerships enable the Chinese military to access cutting-edge cloud technologies, services, and solutions.
Break-up of profiles of primary participants in the military cloud computing market: By Company Type: Tier 1 – 35%, Tier 2 – 45%, and Tier 3 – 20% By Designation: C-Level Executives – 35%, Director level – 25%, and Others – 40% By Region: North America – 25%, Asia Pacific – 45%, Europe – 15%, Rest of the world – 15%
Prominent companies in the military cloud computing market are Amazon (US), Google (US), Dell Technologies (US), IBM (US), Microsoft Corporation (US) Raytheon Technologies Corporation (US), BAE Systems (UK), Thales Group (France), General Dynamics Corporation (US), Cisco (US) Atos(France), SAIC (US) among others.
Research Coverage: The market study covers the military cloud computing market across segments. It aims at estimating the market size and the growth potential of this market across different segments, such as deployment type, service model, application, end user, and region. The study also includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies. Key benefits of buying this report: This report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall military cloud computing market and its subsegments. The report covers the entire ecosystem of the military cloud computing industry and will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies. The report will also help stakeholders understand the pulse of the market and provide them with information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
Analysis of key drivers (Improved Collaboration and Information Sharing, Digital Transformation, Access to Advanced Technologies) Restraints (Security Concerns, Legacy Systems Integration) opportunities ( Advanced Analytics and Intelligence, Secure Collaboration and Interoperability) challenges (Connectivity and Bandwidth Limitations, Compliance and Regulatory Challenges) which impacts the growth of military cloud computing market.
Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the military cloud computing market.
Market Development: Comprehensive information about lucrative markets – the report analyses the military cloud computing market across varied regions
Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the military cloud computing market.
Competitive Assessment: In-depth assessment of market shares, growth strategies and service offerings of leading players like Amazon (US), Google (US), Dell Technologies (US), IBM (US), Microsoft Corporation (US) Raytheon Technologies Corporation (US), BAE Systems (UK), Thales Group (France), General Dynamics Corporation (US) among others in the military cloud computing market.