PUBLISHER: Global Industry Analysts, Inc. | PRODUCT CODE: 1564015
PUBLISHER: Global Industry Analysts, Inc. | PRODUCT CODE: 1564015
Smart Governments
Global Smart Governments Market to Reach US$124.4 Billion by 2030
The global market for Smart Governments estimated at US$36.2 Billion in the year 2023, is expected to reach US$124.4 Billion by 2030, growing at a CAGR of 19.3% over the analysis period 2023-2030. Solution Component, one of the segments analyzed in the report, is expected to record a 17.8% CAGR and reach US$81.3 Billion by the end of the analysis period. Growth in the Service Component segment is estimated at 22.6% CAGR over the analysis period.
The U.S. Market is Estimated at US$9.7 Billion While China is Forecast to Grow at 18.0% CAGR
The Smart Governments market in the U.S. is estimated at US$9.7 Billion in the year 2023. China, the world's second largest economy, is forecast to reach a projected market size of US$18.5 Billion by the year 2030 trailing a CAGR of 18.0% over the analysis period 2023-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 17.3% and 16.6% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 13.9% CAGR.
Global Smart Governments Market - Key Trends and Drivers Summarized
Smart Governments: Embracing Digital Transformation for Efficient Governance
Smart governments are transforming the way public services are delivered by leveraging digital technologies such as Artificial Intelligence (AI), Internet of Things (IoT), blockchain, and data analytics. These technologies enable governments to offer citizen-centric services that are more efficient, transparent, and accessible. The implementation of e-governance platforms allows for seamless communication between government bodies and citizens, reducing administrative overheads and increasing service delivery speed. From smart traffic management systems to digital tax filing services, smart governments are adopting innovative solutions to tackle urban challenges and improve the quality of life for their citizens. As more countries prioritize smart governance to enhance public welfare, the smart government market continues to grow, driven by increasing investments in smart city projects and digital infrastructure.
What Role Do Emerging Technologies Play in Shaping Smart Governments?
Emerging technologies like AI, blockchain, and Big Data are at the core of smart government initiatives, offering enhanced capabilities for data-driven decision-making, security, and efficiency. AI is being used to analyze vast amounts of data for predictive analysis and policy formulation, while blockchain is providing secure and transparent transaction frameworks for public services like land registries, voting, and identity management. Big Data analytics enables governments to harness real-time data to understand citizen needs better and optimize resource allocation. Additionally, IoT-based sensors are widely employed in smart cities to manage public utilities, monitor pollution levels, and enhance emergency response systems. These technologies are not only enhancing the effectiveness of governance but also promoting sustainability and economic development.
Which Segments Are Dominating the Smart Government Market?
Components include hardware, software, and services, with software solutions dominating the market due to the high demand for cloud-based e-governance platforms and AI-driven analytics tools. Solution types range from smart infrastructure and public safety to digital government services and citizen engagement platforms, with public safety solutions witnessing the highest adoption due to growing concerns over urban security and safety. The market is further segmented by deployment modes, including on-premise and cloud-based solutions, with cloud deployment gaining traction for its scalability and cost-effectiveness. Regionally, North America and Europe lead the market due to advanced digital infrastructure and supportive government policies, while Asia-Pacific is rapidly emerging due to increasing smart city initiatives and rising investments in digital transformation.
What Factors Are Driving the Growth in the Smart Government Market?
The growth in the smart government market is driven by several factors, including the increasing need for digital transformation in public services, rising investments in smart city projects, and the growing adoption of AI, blockchain, and IoT technologies in governance. The demand for efficient and transparent public service delivery, the need for enhanced security and data privacy, and government initiatives promoting e-governance are also contributing to market expansion. Additionally, the emergence of 5G connectivity, the development of citizen engagement platforms, and the increasing use of data analytics for policy-making and resource management are driving growth. Strategic partnerships between technology providers and government bodies and the expansion of public-private partnerships (PPPs) are further accelerating the adoption of smart government solutions.
Select Competitors (Total 22 Featured) -
- ABB Group
- Amazon Web Services, Inc.
- Avaya, Inc.
- Cap Gemini SA
- Cisco Systems, Inc.
- Entrust Datacard Corporation
- Huawei Technologies Co., Ltd.
- Hughes Identification Devices (Hid) Global Corp.
- IBM Corporation
- Imex Systems Inc.
- Nokia Corporation
- Opengov
- Oracle Corporation
- Socrata, Inc.
- Symantec Corporation
- Uti Grup (Romania)
TABLE OF CONTENTS
I. METHODOLOGY
II. EXECUTIVE SUMMARY
- 1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Global Economic Update
- Smart Governments - Global Key Competitors Percentage Market Share in 2024 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
- 2. FOCUS ON SELECT PLAYERS
- 3. MARKET TRENDS & DRIVERS
- Growing Emphasis on Digital Transformation Spurs Smart Government Initiatives
- Integration of AI and Big Data Analytics Strengthens Decision-Making Capabilities in Government
- Rising Adoption of E-Governance Solutions Expands Addressable Market Opportunity
- Increasing Focus on Citizen-Centric Services Drives Adoption of Smart Government Technologies
- Advancements in IoT and Cloud Computing Propel Growth of Smart Governance Platforms
- Deployment of Smart Infrastructure for Public Safety and Security Drives Market Expansion
- Rising Investments in Smart City Projects Generates Demand for Smart Government Solutions
- Emergence of Blockchain Technology Strengthens Data Security and Transparency in Governance
- Growth of Public-Private Partnerships (PPPs) Fuels Smart Government Implementation
- Challenges Related to Data Privacy and Cybersecurity Create Market Barriers
- Increasing Use of Digital Platforms for Public Engagement and Feedback Drives Adoption
- Regulatory Mandates and Policies for Sustainable Development Propel Smart Governance Initiatives
- Expansion of 5G Connectivity Enhances the Efficiency of Smart Government Applications
- Focus on Energy Efficiency and Sustainable Resource Management Supports Market Growth
- Rising Demand for Real-Time Data Monitoring and Analytics Accelerates Market Adoption
- 4. GLOBAL MARKET PERSPECTIVE
- TABLE 1: World Smart Governments Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
- TABLE 2: World Recent Past, Current & Future Analysis for Smart Governments by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
- TABLE 3: World 7-Year Perspective for Smart Governments by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2024 & 2030
- TABLE 4: World Recent Past, Current & Future Analysis for Solution by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
- TABLE 5: World 7-Year Perspective for Solution by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2024 & 2030
- TABLE 6: World Recent Past, Current & Future Analysis for Service by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
- TABLE 7: World 7-Year Perspective for Service by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2024 & 2030
- TABLE 8: World Recent Past, Current & Future Analysis for On-Premise by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
- TABLE 9: World 7-Year Perspective for On-Premise by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2024 & 2030
- TABLE 10: World Recent Past, Current & Future Analysis for Hosted/Cloud by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
- TABLE 11: World 7-Year Perspective for Hosted/Cloud by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2024 & 2030
III. MARKET ANALYSIS
- UNITED STATES
- Smart Governments Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
- TABLE 12: USA Recent Past, Current & Future Analysis for Smart Governments by Component - Solution and Service - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 13: USA 7-Year Perspective for Smart Governments by Component - Percentage Breakdown of Value Sales for Solution and Service for the Years 2024 & 2030
- TABLE 14: USA Recent Past, Current & Future Analysis for Smart Governments by Deployment Type - On-Premise and Hosted/Cloud - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 15: USA 7-Year Perspective for Smart Governments by Deployment Type - Percentage Breakdown of Value Sales for On-Premise and Hosted/Cloud for the Years 2024 & 2030
- CANADA
- TABLE 16: Canada Recent Past, Current & Future Analysis for Smart Governments by Component - Solution and Service - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 17: Canada 7-Year Perspective for Smart Governments by Component - Percentage Breakdown of Value Sales for Solution and Service for the Years 2024 & 2030
- TABLE 18: Canada Recent Past, Current & Future Analysis for Smart Governments by Deployment Type - On-Premise and Hosted/Cloud - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 19: Canada 7-Year Perspective for Smart Governments by Deployment Type - Percentage Breakdown of Value Sales for On-Premise and Hosted/Cloud for the Years 2024 & 2030
- JAPAN
- Smart Governments Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
- TABLE 20: Japan Recent Past, Current & Future Analysis for Smart Governments by Component - Solution and Service - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 21: Japan 7-Year Perspective for Smart Governments by Component - Percentage Breakdown of Value Sales for Solution and Service for the Years 2024 & 2030
- TABLE 22: Japan Recent Past, Current & Future Analysis for Smart Governments by Deployment Type - On-Premise and Hosted/Cloud - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 23: Japan 7-Year Perspective for Smart Governments by Deployment Type - Percentage Breakdown of Value Sales for On-Premise and Hosted/Cloud for the Years 2024 & 2030
- CHINA
- Smart Governments Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
- TABLE 24: China Recent Past, Current & Future Analysis for Smart Governments by Component - Solution and Service - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 25: China 7-Year Perspective for Smart Governments by Component - Percentage Breakdown of Value Sales for Solution and Service for the Years 2024 & 2030
- TABLE 26: China Recent Past, Current & Future Analysis for Smart Governments by Deployment Type - On-Premise and Hosted/Cloud - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 27: China 7-Year Perspective for Smart Governments by Deployment Type - Percentage Breakdown of Value Sales for On-Premise and Hosted/Cloud for the Years 2024 & 2030
- EUROPE
- Smart Governments Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
- TABLE 28: Europe Recent Past, Current & Future Analysis for Smart Governments by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
- TABLE 29: Europe 7-Year Perspective for Smart Governments by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2024 & 2030
- TABLE 30: Europe Recent Past, Current & Future Analysis for Smart Governments by Component - Solution and Service - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 31: Europe 7-Year Perspective for Smart Governments by Component - Percentage Breakdown of Value Sales for Solution and Service for the Years 2024 & 2030
- TABLE 32: Europe Recent Past, Current & Future Analysis for Smart Governments by Deployment Type - On-Premise and Hosted/Cloud - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 33: Europe 7-Year Perspective for Smart Governments by Deployment Type - Percentage Breakdown of Value Sales for On-Premise and Hosted/Cloud for the Years 2024 & 2030
- FRANCE
- Smart Governments Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2024 (E)
- TABLE 34: France Recent Past, Current & Future Analysis for Smart Governments by Component - Solution and Service - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 35: France 7-Year Perspective for Smart Governments by Component - Percentage Breakdown of Value Sales for Solution and Service for the Years 2024 & 2030
- TABLE 36: France Recent Past, Current & Future Analysis for Smart Governments by Deployment Type - On-Premise and Hosted/Cloud - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 37: France 7-Year Perspective for Smart Governments by Deployment Type - Percentage Breakdown of Value Sales for On-Premise and Hosted/Cloud for the Years 2024 & 2030
- GERMANY
- Smart Governments Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2024 (E)
- TABLE 38: Germany Recent Past, Current & Future Analysis for Smart Governments by Component - Solution and Service - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 39: Germany 7-Year Perspective for Smart Governments by Component - Percentage Breakdown of Value Sales for Solution and Service for the Years 2024 & 2030
- TABLE 40: Germany Recent Past, Current & Future Analysis for Smart Governments by Deployment Type - On-Premise and Hosted/Cloud - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 41: Germany 7-Year Perspective for Smart Governments by Deployment Type - Percentage Breakdown of Value Sales for On-Premise and Hosted/Cloud for the Years 2024 & 2030
- ITALY
- TABLE 42: Italy Recent Past, Current & Future Analysis for Smart Governments by Component - Solution and Service - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 43: Italy 7-Year Perspective for Smart Governments by Component - Percentage Breakdown of Value Sales for Solution and Service for the Years 2024 & 2030
- TABLE 44: Italy Recent Past, Current & Future Analysis for Smart Governments by Deployment Type - On-Premise and Hosted/Cloud - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 45: Italy 7-Year Perspective for Smart Governments by Deployment Type - Percentage Breakdown of Value Sales for On-Premise and Hosted/Cloud for the Years 2024 & 2030
- UNITED KINGDOM
- Smart Governments Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2024 (E)
- TABLE 46: UK Recent Past, Current & Future Analysis for Smart Governments by Component - Solution and Service - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 47: UK 7-Year Perspective for Smart Governments by Component - Percentage Breakdown of Value Sales for Solution and Service for the Years 2024 & 2030
- TABLE 48: UK Recent Past, Current & Future Analysis for Smart Governments by Deployment Type - On-Premise and Hosted/Cloud - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 49: UK 7-Year Perspective for Smart Governments by Deployment Type - Percentage Breakdown of Value Sales for On-Premise and Hosted/Cloud for the Years 2024 & 2030
- REST OF EUROPE
- TABLE 50: Rest of Europe Recent Past, Current & Future Analysis for Smart Governments by Component - Solution and Service - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 51: Rest of Europe 7-Year Perspective for Smart Governments by Component - Percentage Breakdown of Value Sales for Solution and Service for the Years 2024 & 2030
- TABLE 52: Rest of Europe Recent Past, Current & Future Analysis for Smart Governments by Deployment Type - On-Premise and Hosted/Cloud - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 53: Rest of Europe 7-Year Perspective for Smart Governments by Deployment Type - Percentage Breakdown of Value Sales for On-Premise and Hosted/Cloud for the Years 2024 & 2030
- ASIA-PACIFIC
- Smart Governments Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
- TABLE 54: Asia-Pacific Recent Past, Current & Future Analysis for Smart Governments by Component - Solution and Service - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 55: Asia-Pacific 7-Year Perspective for Smart Governments by Component - Percentage Breakdown of Value Sales for Solution and Service for the Years 2024 & 2030
- TABLE 56: Asia-Pacific Recent Past, Current & Future Analysis for Smart Governments by Deployment Type - On-Premise and Hosted/Cloud - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 57: Asia-Pacific 7-Year Perspective for Smart Governments by Deployment Type - Percentage Breakdown of Value Sales for On-Premise and Hosted/Cloud for the Years 2024 & 2030
- REST OF WORLD
- TABLE 58: Rest of World Recent Past, Current & Future Analysis for Smart Governments by Component - Solution and Service - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 59: Rest of World 7-Year Perspective for Smart Governments by Component - Percentage Breakdown of Value Sales for Solution and Service for the Years 2024 & 2030
- TABLE 60: Rest of World Recent Past, Current & Future Analysis for Smart Governments by Deployment Type - On-Premise and Hosted/Cloud - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 61: Rest of World 7-Year Perspective for Smart Governments by Deployment Type - Percentage Breakdown of Value Sales for On-Premise and Hosted/Cloud for the Years 2024 & 2030
IV. COMPETITION
