Global Smart Government Market Report 2022


Major players in the smart government market are ABB Ltd, Amazon Web Services Inc, Avaya Inc, Capgemini, Cisco Systems Inc, Entrust Datacard Corporation, Huawei Technologies Co Ltd, Imex Systems Inc, Nokia Corporation, Oracle Corporation, Symantec Corporation, Hughes Identification Devices (HID) Global Corporation, International Business Machines (IBM) Corporation, OpenGov and UTI Group.

New York, September 12, 2022 (GLOBE NEWSWIRE) – announces the publication of the “Smart Government Global Market Report 2022” –

The global smart government market is expected to grow from $ 24.07 billion in 2021 to $ 28.71 billion in 2022 with a compound annual growth rate (CAGR) of 19.26%. The smart government market is expected to grow to $ 58.08 billion in 2026 at a compound annual growth rate (CAGR) of 19.27%.

The smart government market consists of the sale of smart government solutions and services by entities (organizations, sole proprietors and partnerships) that relate to the use of intelligent network information and communication technology (ICT) solutions used to manage corporate activities related to government and administration. Interconnected devices and cyber-physical systems are used by smart network governance and administration to perform public tasks efficiently and effectively.

The main types of smart government solutions include open data platforms, analytics, government resource planning system, security, remote monitoring, and network management. Open data platform refers to a platform used by government ministries / departments and its organizations to publish datasets, documents, services, tools and applications that they have accumulated for public use.

It aims to enhance government openness and create opportunities for many more innovative applications of government data to provide new perspectives. These solutions and services are deployed on-premise and in the cloud.

North America was the largest region in the smart government market in 2021. Asia Pacific is expected to be the fastest growing region over the forecast period.

The Regions Covered in the Smart Government Market Report are Asia Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

The Intelligent Government Market Research Report is one of a series of new reports providing statistics on the Intelligent Government market, including global Intelligent Government industry market size, regional shares, competitors with market share smart government, detailed smart government market segments, market trends and opportunities, and any other data you may need to thrive in the smart government industry. This Intelligent Government Market Research Report offers a comprehensive perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The increase in investments in smart government technologies will push the growth of the smart government market. Government institutions around the world are increasing spending on network management, cybersecurity and other smart governments, to provide reliable, effective and secure services to their people.

For example, in January 2021, the US government announced investments of $ 10.2 billion in federal computer technology modernization to fend off potential cyber attacks and IT problems. It is a crucial step in realigning US cyber defenses to increase confidence in the US government’s ability to provide reliable and secure services. Therefore, the increased investment in smart government technologies is expected to increase the demand for smart government platforms and solutions during the forecast period.

Technological advancement is a new trend that is gaining popularity in the smart government market. Technological advances such as the Internet of Things (IoT) are increasingly being incorporated into new systems and cloud solutions to make government operations more efficient.

The widespread use of IoT technology has strengthened the government-citizen interaction, providing valid support for the generation of public benefits. IoT is used in smart city operations to build and deliver interconnected solutions for the well-being of a community.

In February 2022, Rogers Business, a Canada-based technology and media company, developed a suite of smart cities for the Internet of Things (IoT) and smart building solutions to meet the growing demands for infrastructure from governments and organizations. . Rogers Business Smart Cities and Smart Buildings will work with various vendors to develop solutions from water leak detection sensors to AI-powered road sign capabilities.

In June 2021, Granicus, a US-based software company that develops technologies to help government agencies, acquired two government technology companies, Bang the Table and OpenCities, for an undisclosed amount. Thanks to this acquisition, Granicus will change the way citizens and governments interact.

Granicus’ commitment to the governments of Australia and New Zealand will be strengthened by the acquisition of two companies, which will provide public sector solutions to more than 350 governments and at the same time increase its presence in the United States, Canada and the United Kingdom Bang the Table is an Australian-based company that offers an online citizen engagement platform for local government.

OpenCities is an Australia-based first-rate digital customer travel platform for the public sector, assisting local governments in transforming their websites, digital forms and service delivery experiences.

The countries covered in the Smart Government Market Report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the US.
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