Smart government relies on information systems and communication networks. It uses business models, innovative policies and technology for making everyday challenges easier. Major driving factors for the growth of smart government market are growing demand for digital mediums and smart technologies owing to technological advancements. Increasing demand for technological advancements and emerging technical adoptions is helping in driving investments in the smart government market.
The Smart Government Market has been segmented on the basis of solution, service and deployment. The solution segment is further bifurcated into security, analytics, government resource planning system, remote monitoring, open data platform, network management and others. Out of these, remote monitoring solutions are expected to grow at the fastest rate during the forecast period. Remote monitoring helps in tracking the assets, provides safety and offers maximum efficiency. Another reason for the growth of remote monitoring segment is the decrease in the costs of sensors which is making deployment of solutions feasible.
The global smart government market is expected to grow at approx. USD 37 Billion by 2023, at 19% of CAGR between 2017 and 2023.
Taste the market data and market information presented through more than 30 Market data tables and figures spread over 100 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Smart Government Market-Forecast to 2023”.
Major Key Players:
- Amazon Web Services, Inc. (U.S.)
- Capgemini SE (France)
- Cisco Systems, Inc. (U.S.)
- Entrust Datacard Corporation (U.S.)
- Huawei Technologies Co., Ltd. (China)
- IBM Corporation (U.S.)
- Imex Systems Inc. (Canada)
- Nokia Corporation (Finland)
- Oracle Corporation (U.S.)
- Symantec Corporation (U.S.)
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The regional analysis of smart government market is being studied for regions such as Asia Pacific, North America, Europe and Rest of the World. It has been observed that North America is estimated to account for the largest share of the market, whereas Asia-Pacific is projected to grow at the fastest rate during the forecast period. The major growth in Smart government market in North America attributes to the technical advancements and increasing use of mobiles and tablets in that region.
Smart Government Market Segmentation:
The smart government market has been segmented on the basis of solution, service and deployment. The deployment segment comprises of cloud and on premise deployment out of which cloud being the more popular approach for storage of data. This is due to the flexible data retrieval and cost effective solutions provided by cloud services.
Market Research Analysis:
The global smart government market, by geography, has been segmented into North America, Europe, Asia Pacific, Middle East and Africa (MEA), and South America. In the global smart government market, Asia Pacific is anticipated to witness relatively faster adoption and hence the growth rate is also faster as compared to other regions. Within Asia Pacific, remote monitoring segment is projected to contribute faster share growth of revenue backed by growth in increasing adoption of cloud deployment services in countries such as Japan, China and India.
Across Europe, countries including Germany, France and the U.K. are anticipated to drive the growth of smart government market. In Europe, the presence of advanced infrastructure ensures higher penetration of mobile devices which ultimately helps in driving the market growth.
Smart government market in the South America region is anticipated to witness relatively slower market growth. However, Brazil and Argentina among other countries are projected to witness slow yet steady growth.
Smart government market in Middle East and Africa occupies a relatively smaller pie of the global smart government market. Within Middle East and Africa counties including UAE, South Africa and Saudi are driving the growth. Here smart government is gaining popularity and is expected to increase significant market share during the forecast period.
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- Technology investors
- Research/Consultancy firms
- System integrators
- Cloud service providers
- Security service providers
- Local, state, and central governments
- Government organizations
- Government consultants and advisors
- Analytics solutions and services providers
- Professional and managed services providers
Table of Contents
1 Market Introduction
1.2 Scope of Study
1.2.1 Research Objective
1.3 Market Structure
2 Research Methodology
2.1 Research Type
2.2 Primary Research
2.3 Secondary Research
2.4 Forecast Model
2.4.1 Market Data Collection, Analysis & Forecast
2.4.2 Market Size Estimation
List of Tables
Table 1 Smart Government Market, By Solution
Table 2 Smart Government Market, By Service
Table 3 Smart Government Market, By Deployment
List of Figures
Figure 1 Research Type
Figure 2 Smart Government Market, By Solution (%)
Figure 3 Smart Government Market, By Service (%)
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