Smart Governments Market Size, Share, Trends, Application Analysis, Growth And Forecast 2018-2026
Smart Governments Market |
Smart government entails the use of sophisticated technologies, creative policies, and business models to address government agencies' environmental, financial, and customer service concerns. It's an extension of e-government, in which all functional areas across many domains and government agencies use communication, information, and effective technology to provide public value. The existence of several well-established and competitive market company entities classifies the smart government market. To get a competitive advantage, these companies use a variety of strategies such as business acquisition, development, cooperation, and technical advancement. Because suppliers are delivering public, private, or hybrid cloud solutions for government data management, protection, backup, and compliance, cloud-based solutions for government are becoming increasingly relevant.
Factors driving the growth of the Smart Governments Market include rising demand for digital media and smart technologies, high adoption of technical innovations, increased government agency investments in smart government technology, and a high acceptance rate of cloud-based solutions. Furthermore, the need to handle data generated from various government sources in order to implement digital transformation is propelling the market forward.
The rise of cyber-attacks on smart infrastructure, as well as difficulties with data privacy and data breach, are stifling market growth. Furthermore, improved revenue-generating prospects for the IT sector by collaborating with the government and assisting in smart governance are presenting attractive opportunities for the smart government market's growth.
Market Segmentation:
On the basis of deployment model
On the basis of solution
On the basis of service
The key players operating in smart government market include UTI Group, Amazon Web Services, Inc., Abb Ltd., Avaya Inc., Cisco Systems, Inc., Capgemini S.A., Entrust Datacard Corporation, Hughes Identification Devices (Hid) Global Corporation, Huawei Technologies Co., Ltd., Imex Systems Inc., Nokia Corporation, International Business Machines (Ibm) Corporation, Opengov, Socrata, Oracle Corporation, and Symantec Corporation.
Market Segmentation:
On the basis of deployment model
- On-premises model
- Cloud-based model
On the basis of solution
- Analytics
- Government Resource Planning System
- Security
- Remote Monitoring
- Network Management
- Open Data Platform
- Others
On the basis of service
- Professional Services
- Managed Services
The key players operating in smart government market include UTI Group, Amazon Web Services, Inc., Abb Ltd., Avaya Inc., Cisco Systems, Inc., Capgemini S.A., Entrust Datacard Corporation, Hughes Identification Devices (Hid) Global Corporation, Huawei Technologies Co., Ltd., Imex Systems Inc., Nokia Corporation, International Business Machines (Ibm) Corporation, Opengov, Socrata, Oracle Corporation, and Symantec Corporation.
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