GOVTECH Market, Global Outlook and Forecast 2023-2028

Report ID: 1211073 | Published Date: Jan 2025 | No. of Page: 106 | Base Year: 2024 | Rating: 4.5 | Webstory: Check our Web story
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GovTech is about applying emerging technologies (such as artificial intelligence, advanced sensing, blockchain, advanced data processing, etc. ) to improve the delivery of public services through increasing efficiency and lowering costs
This report contains market size and forecasts of GOVTECH in Global, including the following market information:
Global GOVTECH Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global GOVTECH market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Solution Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of GOVTECH include BasicGov Systems, CitizenLab, Envisio Solutions Inc, iCompass Technologies, Optibus, Qucit, Scytl, Transit and NextRequest, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the GOVTECH companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global GOVTECH Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global GOVTECH Market Segment Percentages, by Type, 2021 (%)
Solution
Service
Global GOVTECH Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global GOVTECH Market Segment Percentages, by Application, 2021 (%)
Financial Department
Transportation Department
Police Department
Education Department
Defense Department
Others
Global GOVTECH Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global GOVTECH Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies GOVTECH revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies GOVTECH revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
BasicGov Systems
CitizenLab
Envisio Solutions Inc
iCompass Technologies
Optibus
Qucit
Scytl
Transit
NextRequest
Zencity
SeeClickFix
ClearGov
ProudCity
SeamlessDocs
Bang The Table

Frequently Asked Questions
GOVTECH Market report offers great insights of the market and consumer data and their interpretation through various figures and graphs. Report has embedded global market and regional market deep analysis through various research methodologies. The report also offers great competitor analysis of the industries and highlights the key aspect of their business like success stories, market development and growth rate.
GOVTECH Market report is categorised based on following features:
  1. Global Market Players
  2. Geopolitical regions
  3. Consumer Insights
  4. Technological advancement
  5. Historic and Future Analysis of the Market
GOVTECH Market report is designed on the six basic aspects of analysing the market, which covers the SWOT and SWAR analysis like strength, weakness, opportunity, threat, aspirations and results. This methodology helps investors to reach on to the desired and correct decision to put their capital into the market.

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