Smart Government Market Report: Trends, Forecast and Competitive Analysis to 2030

Smart Government Market Report: Trends, Forecast and Competitive Analysis to 2030

Smart Government Trends and Forecast

The future of the global smart government market looks promising with opportunities in the analytic, security, remote monitoring, network management, government resource planning system, and participatory democracy markets. The global smart government market is expected to reach an estimated $80.4 billion by 2030 with a CAGR of 16.3% from 2024 to 2030. The major drivers for this market are increasing demand for efficient and transparent government operations and growing focus on citizen-centric services and digital transformation in public administration.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Smart Government by Segment

The study includes a forecast for the global smart government by type, component, deployment model, and region.

Smart Government Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• Analytics
• Security
• Remote Monitoring
• Network Management
• Government Resource Planning System
• Participatory Democracy
• Others

Smart Government Market by Component [Shipment Analysis by Value from 2018 to 2030]:

• Solution
• Service

Smart Government Market by Deployment Model [Shipment Analysis by Value from 2018 to 2030]:

• On-Premise
• Cloud

Smart Government Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Smart Government Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies smart government companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the smart government companies profiled in this report include-

• CitizenLab
• Avaya
• Capgemini
• Amazon Web Services
• Nokia Corporation
• Huawei Technologies
• ABB
• Imex Systems
• Cisco Systems
• DECIDIM

Smart Government Market Insights

Lucintel forecasts that cloud is expected to witness higher growth over the forecast period.

Within this market, government resource planning system is expected to witness the highest growth over the forecast period.

North America will remain the largest region over the forecast period.

Features of the Global Smart Government Market

Market Size Estimates: Smart government market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Smart government market size by type, component, deployment model, and region in terms of value ($B).

Regional Analysis: Smart government market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different types, components, deployment models, and regions for the smart government market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the smart government market.

Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the smart government market size?

Answer: The global smart government market is expected to reach an estimated $80.4 billion by 2030.

Q2. What is the growth forecast for smart government market?

Answer: The global smart government market is expected to grow with a CAGR of 16.3% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the smart government market?

Answer: The major drivers for this market are increasing demand for efficient and transparent government operations and growing focus on citizen-centric services and digital transformation in public administration.

Q4. What are the major segments for smart government market?

Answer: The future of the smart government market looks promising with opportunities in the analytic, security, remote monitoring, network management, government resource planning system, and participatory democracy markets.

Q5. Who are the key smart government market companies?

Answer: Some of the key smart government companies are as follows:

• CitizenLab
• Avaya
• Capgemini
• Amazon Web Services
• Nokia Corporation
• Huawei Technologies
• ABB
• Imex Systems
• Cisco Systems
• DECIDIM

Q6. Which smart government market segment will be the largest in future?

Answer: Lucintel forecasts that cloud is expected to witness higher growth over the forecast period.

Q7. In smart government market, which region is expected to be the largest in next 5 years?

Answer: North America will remain the largest region over the forecast period.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the smart government market by type (analytics, security, remote monitoring, network management, government resource planning system, participatory democracy, and others), component (solution and service), deployment model (on-premise and cloud), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

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