Aug 07 2015

The Cloud's Rapid Growth Among Feds

A recent study estimates that federal spending on vendor-provided cloud computing services will increase at a 21 percent compound annual growth rate between now and 2019. The growth is attributable to a number of factors, including agencies looking to the cloud to provide shared services, according to Deltek's “Forecasting Federal Cloud Computing, 2014-2019: The Market Keeps Growing,” report from November 2014.

2015: $2.375 billion
2016: $2.8 billion
2017: $4.075 billion
2018: $5.245 billion
2019: $6.48 billion

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