United Kingdom (UK) Government Spending Market Summary, Competitive Analysis and Forecast to 2028

United Kingdom (UK) Government Spending Market Summary, Competitive Analysis and Forecast to 2028


Summary

Government Spending in the United Kingdom industry profile provides top-line qualitative and quantitative summary information including: market size (value 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 UK government spending market registered revenues of $1,416.9 billion in 2023, representing a compound annual growth rate (CAGR) of 4.8% between 2018 and 2023.
  • The social protection segment accounted for the market's largest proportion in 2023, with total revenues of $419 billion, equivalent to 29.6% of the market's overall value.
  • The UK captured a share of 14.7% of the European government spending market in 2023.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the government spending market in the United Kingdom
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the government spending market in the United Kingdom
  • 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 United Kingdom government spending market with five year forecasts
Reasons to Buy
  • What was the size of the United Kingdom government spending market by value in 2023?
  • What will be the size of the United Kingdom government spending market in 2028?
  • What factors are affecting the strength of competition in the United Kingdom government spending market?
  • How has the market performed over the last five years?
  • What are the main segments that make up the United Kingdom'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 recent developments in the market?
8 Company Profiles
8.1. Balfour Beatty Plc
8.2. BAE Systems Plc
8.3. Network Rail Ltd
8.4. Capita Plc
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: United Kingdom government spending sector value: $ billion, 2018-23
Table 2: United Kingdom government spending sector category segmentation: % share, by value, 2018-2023
Table 3: United Kingdom government spending sector category segmentation: $ billion, 2018-2023
Table 4: United Kingdom government spending sector geography segmentation: $ billion, 2023
Table 5: United Kingdom government spending sector value forecast: $ billion, 2023-28
Table 6: Balfour Beatty Plc: key facts
Table 7: Balfour Beatty Plc: Annual Financial Ratios
Table 8: Balfour Beatty Plc: Key Employees
Table 9: BAE Systems Plc: key facts
Table 10: BAE Systems Plc: Annual Financial Ratios
Table 11: BAE Systems Plc: Key Employees
Table 12: Network Rail Ltd: key facts
Table 13: Network Rail Ltd: Key Employees
Table 14: Capita Plc: key facts
Table 15: Capita Plc: Annual Financial Ratios
Table 16: Capita Plc: Key Employees
Table 17: United Kingdom size of population (million), 2019-23
Table 18: United Kingdom gdp (constant 2005 prices, $ billion), 2019-23
Table 19: United Kingdom gdp (current prices, $ billion), 2019-23
Table 20: United Kingdom inflation, 2019-23
Table 21: United Kingdom consumer price index (absolute), 2019-23
Table 22: United Kingdom exchange rate, 2019-23
List of Figures
Figure 1: United Kingdom government spending sector value: $ billion, 2018-23
Figure 2: United Kingdom government spending sector category segmentation: $ billion, 2018-2023
Figure 3: United Kingdom government spending sector geography segmentation: % share, by value, 2023
Figure 4: United Kingdom government spending sector value forecast: $ billion, 2023-28
Figure 5: Forces driving competition in the government spending sector in the United Kingdom, 2023
Figure 6: Drivers of buyer power in the government spending sector in the United Kingdom, 2023
Figure 7: Drivers of supplier power in the government spending sector in the United Kingdom, 2023
Figure 8: Factors influencing the likelihood of new entrants in the government spending sector in the United Kingdom, 2023
Figure 9: Factors influencing the threat of substitutes in the government spending sector in the United Kingdom, 2023
Figure 10: Drivers of degree of rivalry in the government spending sector in the United Kingdom, 2023

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