The prominent players in the smart government market are – ABB Ltd. (Switzerland), Amazon Web Services, Inc. (US), Avaya Inc. (US), Cap Gemini S.A. (France), Cisco Systems, Inc. (US), Entrust Datacard Corporation (US), Huawei Technologies Co., Ltd. (China), Hughes Identification Devices (HID) Global Corporation (US), IBM Corporation (US), Imex Systems Inc. (Canada), Nokia Corporation (Finland), OpenGov (US), Oracle Corporation (US), Socrata (US), Symantec Corporation (US), and others, are profiled in Market Research Future analysis and are at the forefront of competition in the global smart government market.
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Smart Government Market Global Market – Overview
Rapid adoption of advanced technologies and transforming societies have given rise to smart government and has become an essential requirement for government organizations to deliver effective governance. Smart government is considered as an extension of e-government, where innovative policies, business models, and technology are applied to all operational areas across multiple domains, process areas, and jurisdictions to generate sustainable public value. Local, state and federal governments are adopting new technologies with the aim of improving e-services and facilitating the participation of citizens in the process of making decisions in the public arena. Various initiatives like IoT connected cities, automation, improvements in cyber security & protection, improved mobility among others are some of measures adopted by the smart government to improve the life of their citizen. Moreover, the concept of smart government is based on communication network, information systems and technology. Therefore, the emergence of social media, mobile apps, big data analytics and mashup technologies is empowering citizens to connect with government.
According to MRFR, global smart government market is expected to show significant growth during the forecast period owing to digital revolution of social, mobile, analytics & cloud (SMAC). These four technologies help to improve the business & government operations and enable government to interact with its citizen. Moreover, the growing focus of government in investing in emerging technologies to improve their various process is in driving the smart government market. Also, open government data are anticipated to offer an enormous potential for effective and efficient governance, thereby boosting the growth of this market. However, inadequate funding is affecting and halting the development of government projects midway which is restraining the growth of the market.
Many key players such as ABB Ltd, Amazon Web Services, Inc., Avaya Inc., Cap Gemini S.A., Cisco Systems, Inc., Entrust Datacard Corporation, among others are focusing on various strategies like expansion, acquisition, partnership, collaboration, and technology to gain competitive advantage and defend their market share.
Segmentation by solution: security, analytics, government resource planning system, remote monitoring, open data platform, network management, others
Segmentation by deployment: cloud and on-premises
Segmentation by service: professional, managed
Segmentation by region: North America, Europe, Asia-Pacific and rest of the world
The regional analysis of smart government market is studied for North America, Europe, Asia-Pacific and rest of the world. North America is expected to account for largest market share owing to proliferation of smart technologies, such as big data, Internet of Things (IoT), analytics, and cloud computing. Moreover, the government spending for the deployment of smart solutions is more as compared to other regions. Asia-Pacific is expected to be the fastest growing region in the forecast period. Growing awareness and demand for smart cities in this region is expected to fuel the market for smart government.
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Nov 18, Huawei Launches Digital Platform for Smart Cities
Huawei launched its digital platform that is based on artificial intelligence (AI), internet of things (IoT), big data and cloud, enabling city-wide intelligence and sustainable development across the international smart city industry. This solution is designed to facilitate city governance, improve public services, and enable industry innovation and best practices.
Nov 18, NSW government’s Clean Energy Initiatives include smart energy support for homes & businesses
The NSW government announced clean energy initiatives to tackle high electricity costs and energy security. It is expected to aspect at smart energy for homes and businesses by creating virtual power plants.
Oct 18, IBM, Smart Dubai build first government-backed blockchain in the Middle East
Smart Dubai and IBM Corporation launched the Dubai Blockchain Platform, the first government-endorsed distributed ledger technology platform-as-a-service in the United Arab Emirates. This blockchain system is expected to be built locally in the UAE and use IBM’s enterprise-ready IBM Cloud environment to deliver its service.
Sept 18, UK government launches Smart Data Review
UK government launched its Smart Data Review which is expected to look at how technology, such as online comparison tools and open banking, can be used to make it easier for consumers to get good deals on essential services and put an end to consumers paying unjustifiable loyalty penalties for staying with their service providers rather than switching. The review is expected to focus on data portability to improve the consumer experience in regulated markets.
TABLE OF CONTENTS
1 MARKET INTRODUCTION
1.2 SCOPE OF STUDY
1.2.1 RESEARCH OBJECTIVE
1.3 MARKET STRUCTURE
2 RESEARCH METHODOLOGY
2.1 RESEARCH TYPE
2.2 PRIMARY RESEARCH
2.3 SECONDARY RESEARCH
2.4 FORECAST MODEL
2.4.1 MARKET DATA COLLECTION, ANALYSIS & FORECAST
2.4.2 MARKET SIZE ESTIMATION
3 MARKET DYNAMICS
LIST OF TABLES
TABLE 1 SMART GOVERNMENT MARKET, BY SOLUTION
TABLE 2 SMART GOVERNMENT MARKET, BY SERVICE
TABLE 3 SMART GOVERNMENT MARKET, BY DEPLOYMENT
TABLE 4 SMART GOVERNMENT MARKET, BY REGIONS
TABLE 5 NORTH AMERICA SMART GOVERNMENT MARKET, BY SOLUTION
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LIST OF FIGURES
FIGURE 1 RESEARCH TYPE
FIGURE 2 SMART GOVERNMENT MARKET, BY SOLUTION (%)
FIGURE 3 SMART GOVERNMENT MARKET, BY SERVICE (%)
FIGURE 4 SMART GOVERNMENT MARKET, BY DEPLOYMENT (%)
FIGURE 5 SMART GOVERNMENT MARKET, BY REGIONS (%)
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