Italy Government Spending Market Summary, Competitive Analysis and Forecast to 2028
Summary
Government Spending in Italy industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Government spending refers to the money spent by the government of a country to provide goods and services to its citizens. It helps to drive economic growth, create employment opportunities, and improve the standard of living for its citizens.
- The Italian government spending sector had a total expenditure of $1,153.6 billion in 2022, representing a compound annual growth rate (CAGR) of 5.4% between 2017 and 2022.
- The social protection segment accounted for the sector's largest proportion in 2022, with a total expenditure of $198.4 billion, equivalent to 17.2% of the sector's overall value.
- Government spending across sectors is primarily driven by demographic trends, economic conditions, security considerations, public sentiment, and technological advancements. Demographics, including population size and age distribution, shape the need for investments in healthcare, education, and pensions. For instance, according to GlobalData, the proportion of defense expenditure in the GDP of Italy increased by 7.7% in 2022 from the previous year.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the government spending market in Italy
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the government spending market in Italy
- Leading company profiles reveal details of key government spending market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Italy government spending market with five year forecasts by both value and volume
- What was the size of the Italy government spending market by value in 2023?
- What will be the size of the Italy government spending market in 2028?
- What factors are affecting the strength of competition in the Italy government spending market?
- How has the market performed over the last five years?
- Who are the top competitors in Italy's government spending market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Category segmentation
- 1.4. Geography segmentation
- 1.5. Market rivalry
- 1.6. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What strategies do the leading players follow?
- 7.3. What are the strengths of the leading players?
- 7.4. What are the recent developments in the market?
- 8 Company Profiles
- 8.1. Webuild SpA
- 8.2. Astaris SpA (Inactive)
- 8.3. Leonardo SpA
- 8.4. Gestore dei Servizi Energetici - GSE SpA
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: Italy government spending sector value: $ billion, 2018-23
- Table 2: Italy government spending sector category segmentation: % share, by value, 2018-2023
- Table 3: Italy government spending sector category segmentation: $ billion, 2018-2023
- Table 4: Italy government spending sector geography segmentation: $ billion, 2023
- Table 5: Italy government spending sector value forecast: $ billion, 2023-28
- Table 6: Webuild SpA: key facts
- Table 7: Webuild SpA: Annual Financial Ratios
- Table 8: Webuild SpA: Key Employees
- Table 9: Astaris SpA (Inactive): key facts
- Table 10: Leonardo SpA: key facts
- Table 11: Leonardo SpA: Annual Financial Ratios
- Table 12: Leonardo SpA: Key Employees
- Table 13: Gestore dei Servizi Energetici - GSE SpA: key facts
- Table 14: Gestore dei Servizi Energetici - GSE SpA: Key Employees
- Table 15: Italy size of population (million), 2019-23
- Table 16: Italy gdp (constant 2005 prices, $ billion), 2019-23
- Table 17: Italy gdp (current prices, $ billion), 2019-23
- Table 18: Italy inflation, 2019-23
- Table 19: Italy consumer price index (absolute), 2019-23
- Table 20: Italy exchange rate, 2019-23
- List of Figures
- Figure 1: Italy government spending sector value: $ billion, 2018-23
- Figure 2: Italy government spending sector category segmentation: $ billion, 2018-2023
- Figure 3: Italy government spending sector geography segmentation: % share, by value, 2023
- Figure 4: Italy government spending sector value forecast: $ billion, 2023-28
- Figure 5: Forces driving competition in the government spending sector in Italy, 2023
- Figure 6: Drivers of buyer power in the government spending sector in Italy, 2023
- Figure 7: Drivers of supplier power in the government spending sector in Italy, 2023
- Figure 8: Factors influencing the likelihood of new entrants in the government spending sector in Italy, 2023
- Figure 9: Factors influencing the threat of substitutes in the government spending sector in Italy, 2023
- Figure 10: Drivers of degree of rivalry in the government spending sector in Italy, 2023
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