North America Government Spending Market Summary, Competitive Analysis and Forecast to 2028
Summary
Government Spending in North America 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 North American government spending market registered revenues of $10,669.9 billion in 2023, representing a compound annual growth rate (CAGR) of 7.3% between 2018 and 2023.
- The healthcare segment accounted for the market's largest proportion in 2023, with total revenues of $2,829.1 billion, equivalent to 26.5% of the market's overall value.
- The US is the largest funder and implementer of global health programs worldwide, involving various government departments, agencies, and funding streams. It supports activities addressing global health challenges through bilateral programs and multilateral engagement.
- Save time carrying out entry-level research by identifying the size, growth, and leading players in the government spending market in North America
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the government spending market in North America
- 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 North America government spending market with five year forecasts by both value and volume
- What was the size of the North America government spending market by value in 2023?
- What will be the size of the North America government spending market in 2028?
- What factors are affecting the strength of competition in the North America government spending market?
- How has the market performed over the last five years?
- Who are the top competitors in North America'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 have been the most recent developments in the market?
- 8 Company Profiles
- 8.1. Lockheed Martin Corp
- 8.2. General Dynamics Corporation
- 8.3. JD Irving Ltd
- 8.4. Extendicare Inc.
- 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: North America government spending sector value: $ billion, 2018-23
- Table 2: North America government spending sector category segmentation: % share, by value, 2018-2023
- Table 3: North America government spending sector category segmentation: $ billion, 2018-2023
- Table 4: North America government spending sector geography segmentation: $ billion, 2023
- Table 5: North America government spending sector value forecast: $ billion, 2023-28
- Table 6: Lockheed Martin Corp: key facts
- Table 7: Lockheed Martin Corp: Annual Financial Ratios
- Table 8: Lockheed Martin Corp: Key Employees
- Table 9: Lockheed Martin Corp: Key Employees Continued
- Table 10: General Dynamics Corporation: key facts
- Table 11: General Dynamics Corporation: Annual Financial Ratios
- Table 12: General Dynamics Corporation: Key Employees
- Table 13: General Dynamics Corporation: Key Employees Continued
- Table 14: JD Irving Ltd: key facts
- Table 15: JD Irving Ltd: Key Employees
- Table 16: Extendicare Inc.: key facts
- Table 17: Extendicare Inc.: Annual Financial Ratios
- Table 18: Extendicare Inc.: Key Employees
- Table 19: Extendicare Inc.: Key Employees Continued
- Table 20: North America exchange rate, 2019-23
- List of Figures
- Figure 1: North America government spending sector value: $ billion, 2018-23
- Figure 2: North America government spending sector category segmentation: $ billion, 2018-2023
- Figure 3: North America government spending sector geography segmentation: % share, by value, 2023
- Figure 4: North America government spending sector value forecast: $ billion, 2023-28
- Figure 5: Forces driving competition in the government spending sector in North America, 2023
- Figure 6: Drivers of buyer power in the government spending sector in North America, 2023
- Figure 7: Drivers of supplier power in the government spending sector in North America, 2023
- Figure 8: Factors influencing the likelihood of new entrants in the government spending sector in North America, 2023
- Figure 9: Factors influencing the threat of substitutes in the government spending sector in North America, 2023
- Figure 10: Drivers of degree of rivalry in the government spending sector in North America, 2023
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