Press release
Smart Governments Market Forecast Covering Growth Inclinations & Development Strategies Until 2026 | UTI Group, Amazon Web Services, Abb, Avaya, Cisco Systems, Capgemini S.A., Entrust Datacard Corporation
The Global “Smart Governments Market” research report demonstrates the fast developing conditions of the global market. The report reveals realistic data of the market. It covers current trends and predicts the revenue and potential developments of key players.The implementation of advanced technologies, innovative policies, and business models to address the environmental, financial, and service challenges faced by governmental organizations is known as smart government. The concept of smart government is based on communication network and information systems. Increasing adoption of smart technologies by various governmental bodies has resulted in growth of smart government market. Furthermore, increasing demand for smart technology by consumer and requirement to secure data from different sources compels the governments to process data for digital transformation, which is driving growth of smart government market.
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Remote monitoring segment is projected to grow with a significant CAGR over the forecast period, owing to less cost of sensors, which have propelled the demand for remote monitoring smart solutions. Remote monitoring assists government bodies to monitor and track their deployed asset. Moreover, some of the advantages offered by remote monitoring such as safety assurance, proactive solutions for advanced failure situations, and operational visibility and analysis are fueling growth of smart government market.
Smart Governments Market Outlook – North America holds the dominant position
North America held the dominant position in the global smart governments market in 2016 and is projected to retain its dominance throughout the forecast period. The U.S. and Canada region are gaining significant traction in smart governments market, owing increasing adoption of cloud computing and Internet of Things, which in turn have boosted growth of market in this region. Furthermore, presence of major companies offering smart government’s solution and service are fuel market growth in this region. For instance, Oracle Corporation, IBM Corporation, and Amazon Web Services.
Key Companies in the Global Smart Governments Market
Key players operating in smart government market include UTI Group, Amazon Web Services, Inc., Abb Ltd., Avaya Inc., Cisco Systems, Inc., Capgemini S.A., Entrust Datacard Corporation, Hughes Identification Devices (Hid) Global Corporation, Huawei Technologies Co., Ltd., Imex Systems Inc., Nokia Corporation, International Business Machines (Ibm) Corporation, Opengov, Socrata, Oracle Corporation, and Symantec Corporation
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Smart Government Market Taxonomy
On basis of solution:
- Analytics
- Government Resource Planning System
- Security
- Remote Monitoring
- Network Management
- Open Data Platform
On basis of service:
- Professional Services
- Managed Services
On basis of region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East
- Africa
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