Global Smart Government Market Size and Forecast 2023-2032|Oracle Corporation, Symantec Corporation, Hughes Identification Devices (HID) Global Corporation, International Business Machines (IBM) Corporation, OpenGov, and UTI Group.

The Smart Government Global Market Report 2023, provides comprehensive information on the smart government market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.

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As per The Business Research Company’s Smart Government Global Market Report 2023, the market size is expected to grow from $28.47 billion in 2022 to $33.69 billion in 2023 at a compound annual growth rate (CAGR) of 18.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the smart government is expected to grow to $66.99 billion in 2027 at a CAGR of 18.7%.

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Technological advancement is a new trend gaining popularity in the smart government market. Technological advancements such as the Internet of Things (IoT) are increasingly incorporated into new systems and cloud solutions to make government activities more efficient. The widespread use of IoT technology has strengthened the government-citizen interaction, providing a strong case for public benefit generation. IoT is used in smart city operations to build and provide interconnected solutions for a community’s well-being. In February 2022, Rogers Business, a Canadian-based technology, and media firm developed a suite of internet of things (IoT) smart cities and smart building solutions to fulfill the rising infrastructure demands of governments and organizations. The Rogers Business Smart Cities and Smart Buildings business will collaborate with various vendors to develop solutions from water leak detection sensors to AI-powered traffic signal capabilities.

The smart government market is segmented:

1) By Type: Open Data Platform, Analytics, Government Resource Planning System, Security, Remote Monitoring, Network Management

2) By Deployment: On Premise, Cloud

3) By Component: Solution, Services

North America was the largest region in the smart government market in 2022.

The table of contents in TBRC’s smart government market report includes:

1. Executive Summary

2. Smart Government Market Characteristics

3. Smart Government Market Trends And Strategies

4. Smart Government Market – Macro Economic Scenario

5. Smart Government Market Size And Growth

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26. Africa Smart Government Market

27. Smart Government Market Competitive Landscape And Company Profiles

28. Key Mergers And Acquisitions In The Smart Government Market

29. Smart Government Market Future Outlook and Potential Analysis

30. Appendix

Top Major Player:

• Avaya Inc.
• Capgemini
• Cisco Systems Inc.
• Entrust Datacard Corporation
• Huawei Technologies Co Ltd.
  

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