DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Smart Governments Market - Global Forecast to 2022" report to their offering.
The smart governments market size is expected to grow from USD 11.73 billion in 2017 to USD 28.24 billion by 2022, at a Compound Annual Growth Rate (CAGR) of 19.2%.
The major driver for the upsurge in demand in the smart governments market includes growing data from multiple sources allowing the governments to process them for digital transformation, leading to the adoption of smart technologies. The restraining factors include inadequate funding which affects and halts the development of government projects and the lack of uniform laws and regulations in data sharing by government agencies across ministries and services.
Government resource planning system is a complete suite that can be customized according to the needs of the government bodies. It comprises modules such as financial management, asset lifecycle management, supply chain management, workforce management, order and contract management, and document management. This system ensures transparency in activities, provides authorized access which ensures data privacy, and maximizes the effectiveness of resource allocations. The growth of this solution is attributed to its increased adoption by the government firms for increasing citizen engagement costs. The solution also saves costs and complexities that may arise while installing the modules separately as standalone solutions.
- Abb Ltd.
- Amazon Web Services, Inc.
- Avaya Inc.
- Cap Gemini S.A.
- Cisco Systems, Inc.
- Entrust Datacard Corporation
- Huawei Technologies Co., Ltd.
- Hughes Identification Devices (Hid) Global Corporation
- Imex Systems Inc.
- International Business Machines (Ibm) Corporation
- Nokia Corporation
- Oracle Corporation
- Symantec Corporation
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview And Industry Trends
6 Smart Government Market Analysis, By Type
7 Smart Government Market Analysis, By Deployment
8 Geographic Analysis
9 Competitive Landscape
10 Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/q27n92/smart_governments