Global Smart Government Market Size & Outlook, 2023-2030
Global smart government market, 2018-2030 (US$M)
Related Markets
Global smart government market highlights
- The global smart government market generated a revenue of USD 34,443.7 million in 2023 and is expected to reach USD 117,356.1 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 19.1% by 2030.
- In terms of segment, professional services accounted for a revenue of USD 21,156.8 million in 2023.
- Managed Services is the most lucrative services segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Mexico is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 34,443.7 million |
| Market revenue in 2030 | USD 117,356.1 million |
| Growth rate | 19.1% (CAGR from 2023 to 2030) |
| Largest segment | Professional services |
| Fastest growing segment | Managed Services |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Professional Services, Managed Services |
Other key industry trends
- In terms of revenue, the North America accounted for 41.6% of the global smart government market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Mexico is the fastest growing regional market and is projected to reach USD 522.5 million by 2030.
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Smart Government Market Scope
Smart Government Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global smart government market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to smart government market will help companies and investors design strategic landscapes.
Professional services was the largest segment with a revenue share of 61.42% in 2023. Horizon Databook has segmented the Global smart government market based on professional services, managed services covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Smart Government Services Outlook (Revenue, USD Million, 2018-2030)
- Professional Services
- Managed Services
- Global Smart Government Solution Outlook (Revenue, USD Million, 2018-2030)
- Analytics
- Security
- Government Resource Planning System
- Remote Monitoring
- Network Management
- Others
- Global Smart Government Deployment Outlook (Revenue, USD Million, 2018-2030)
- On-Premise
- Cloud
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Target buyers of Global smart government market databook
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Our clientele includes a mix of smart government market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global smart government market , including forecasts for subscribers. This global databook contains high-level insights into Global smart government market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global smart government market size, by regions, 2018-2030 (US$M)
Top 10 countries: Smart government market size, 2023 (US$M)
Global smart government market share, by services, 2023 & 2030 (%, US$M)
Smart government market: Opportunity assessment by country
Global smart government market, by region, 2023 (US$M)
| Services | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 8,738.7 | 9,476.3 | 10,356.8 | 11,419.2 | 12,715.8 | 14,317.7 | 16,323.4 | 18,871.1 | 22,158.8 | 26,475.4 | 32,250.8 | 40,139.9 | 51,164.3 | 20.0% |
| Europe | 6,767.0 | 7,295.3 | 7,926.8 | 8,689.0 | 9,619.2 | 10,767.9 | 12,204.8 | 14,027.5 | 16,375.4 | 19,451.4 | 23,556.6 | 29,148.2 | 36,937.2 | 19.3% |
| Asia Pacific | 4,823.3 | 5,171.5 | 5,588.5 | 6,092.5 | 6,708.0 | 7,468.2 | 8,418.6 | 9,623.2 | 11,172.7 | 13,199.1 | 15,897.6 | 19,564.0 | 24,656.9 | 18.6% |
| Latin America | 810.9 | 818.6 | 832.9 | 854.9 | 886.2 | 929.0 | 985.9 | 1,061.1 | 1,159.9 | 1,290.1 | 1,463.0 | 1,695.1 | 2,011.4 | 11.7% |
| MEA | 610.6 | 664.4 | 724.2 | 791.9 | 869.8 | 960.9 | 1,069.5 | 1,200.8 | 1,362.3 | 1,564.0 | 1,820.2 | 2,151.2 | 2,586.3 | 15.2% |
| Overall | 21,750.5 | 23,426.2 | 25,429.1 | 27,847.5 | 30,799.0 | 34,443.7 | 39,002.2 | 44,783.6 | 52,229.1 | 61,979.9 | 74,988.1 | 92,698.3 | 117,356.1 | 19.1% |
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