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INPUT Forecasts Emerging Technology Markets for State & Local Governments

Posted : Mon, 21 Dec 2009 14:36:31 GMT
Author : INPUT
Category : Press Release
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RESTON, Va. - (Business Wire) INPUT, the leading authority on government business, today announced new research detailing adoption trends for Cloud Computing, Virtualization, Service Oriented Architecture (SOA), Open Source Software (OSS) and Geospatial technologies among state and local governments. Based on a survey of technology decision makers across 50 states and the District of Columbia, INPUT’s report forecasts the purchasing outlook for state and local governments as budget crises on all levels are driving these organizations to streamline operations and gain efficiencies wherever possible.

According to INPUT’s projections, the total state and local cloud computing market is expected to grow from $230 million in 2009 to $620 million by 2014 at a compound annual growth rate (CAGR) of 22 percent, with the largest growth predicted for platform-as-a-service and software-as-a-service offerings. Over the same period, the virtualization market is poised to grow from approximately $360 to $580 million at a CAGR of 10 percent. Meanwhile, the market for open source software is expected to increase from $160 million to $280 million (11 percent CAGR), and the geospatial technology market is projected to grow from $520 million to $720 million (7 percent CAGR) over the next five years.

Cost-cutting initiatives and a pressing need for additional education on the benefits of these transformative technologies are key factors in their projected adoption at the state and local levels, according to INPUT’s special report Emerging Technology Markets in U.S. State and Local Governments, 2009-2014. The report examines the outlook for specific emerging technology markets and provides recommendations for businesses seeking opportunities in the state and local arena.

Questions answered by the INPUT report include:

  • What factors are influencing the willingness and readiness of state and local governments to adopt transformative technologies?
  • How will federal adoption of these technologies influence state and local organizations?
  • Which state and local governments are early technology adopters and which are market followers?
  • How and where can vendors best capitalize on the need for education on the benefits of these emerging technologies among state and local governments?

Report Availability: The Emerging Technology Markets in U.S. State and Local Governments, 2009-2014 report is available on INPUT’s Web site at the following link: http://tiny.cc/slemergingtechmarkets.

Report Author: Alexander Rossino, senior analyst at INPUT, is available for media inquiries.

About INPUT

INPUT is the authority on government business. Established in 1974, INPUT helps companies develop federal, state, and local government business and helps public sector organizations achieve their objectives. Over 2,000 member organizations, including small specialized companies, new entrants to the public sector, and the largest government contractors and agencies, rely on INPUT for the latest and most comprehensive procurement and market information, consulting, powerful sales management tools, and educational & networking events. For more information about INPUT, visit www.input.com or call 703-707-3500.

Proper use of name is INPUT.

INPUT
Mary Beth Cockerham, 703-707-4041
media@input.com
or
Schwartz Communications
Dave Bowker or Paul DiPerna, 781-684-0770
input@schwartz-pr.com


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