Press release
Smart Governments Market Size: $ 28.24 Bn by 2022
Smart Governments
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“Growing data from multiple sources allowing the government agencies to process them for digital transformation is expected to drive the growth of the smart governments market”.
The smart government’s market size is expected to grow from USD 11.73 billion in 2017 to USD 28.24 billion by 2022, at a Compound Annual Growth Rate (CAGR) of 19.2%. The major driver for the upsurge in demand in the smart governments market includes growing data from multiple sources allowing the governments to process them for digital transformation, leading to the adoption of smart technologies. The restraining factors include inadequate funding which affects and halts the development of government projects and the lack of uniform laws and regulations in data sharing by government agencies across ministries and services.
“Government resource planning system solutions are expected to have the largest market share during the forecast period”.
Government resource planning system is a complete suite that can be customized according to the needs of the government bodies. It comprises modules such as financial management, asset lifecycle management, supply chain management, workforce management, order and contract management, and document management. This system ensures transparency in activities, provides authorized access which ensures data privacy, and maximizes the effectiveness of resource allocations. The growth of this solution is attributed to its increased adoption by the government firms for increasing citizen engagement costs
5 Smart Governments Market Analysis, By Type
5.1 Introduction
5.2 Market Analysis, By Solution
5.2.1 Open Data Platform
5.2.2 Analytics
5.2.2.1 Location Analytics
5.2.2.2 Streaming Analytics
5.2.2.3 Social Media Analytics
5.2.2.4 EDGE Analytics
5.2.3 Government Resource Planning System
5.2.3.1 Asset Lifecycle Management
5.2.3.2 Financial Management
5.2.3.3 Workforce Management
5.2.3.4 Supply Chain Management
5.2.3.5 Others
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Fundamentals of Table of Content:
6 Smart Governments Market Analysis, By Deployment
6.1 Introduction
6.1.1 On-Premises
6.1.2 Hosted/Cloud
9 Company Profiles
9.1 ABB Ltd.
9.1.1 Overview
9.1.2 Company Scorecard
9.1.3 Product Offerings
9.1.4 Business Strategies
9.1.5 Recent Developments
9.1.6 Key Relationships
9.2 Amazon Web Services, Inc.
9.2.1 Overview
9.2.2 Company Scorecard
9.2.3 Product Offerings
9.2.4 Business Strategies
9.2.5 Recent Developments
9.2.6 Key Relationships
9.3 Avaya Inc.
9.3.1 Overview
9.3.2 Company Scorecard
9.3.3 Product Offerings
9.3.4 Business Strategies
9.3.5 Recent Developments
9.3.6 Key Relationships
9.4 Cap Gemini S.A.
9.4.1 Overview
9.4.2 Company Scorecard
9.4.3 Product Offerings
9.4.4 Business Strategies
9.4.5 Recent Developments
9.4.6 Key Relationships
9.5 Cisco Systems, Inc.
9.5.1 Overview
9.5.2 Company Scorecard
9.5.3 Product Offerings
9.5.4 Business Strategies
9.5.5 Recent Developments
9.5.6 Key Relationships
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