Smart Governments Market Revenue Growth Predicted by 2025
On the basis of geography, global smart government market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. North America held the dominant position in the global smart governments market in 2016 and is projected to retain its dominance throughout the forecast period. The U.S. and Canada region are gaining significant traction in smart governments market, owing increasing adoption of cloud computing and Internet of Things, which in turn have boosted growth of market in this region. Furthermore, presence of major companies offering smart government’s solution and service are fuel market growth in this region. For instance, Oracle Corporation, IBM Corporation, and Amazon Web Services.
Request For Sample Copy of this Research Report : https://www.coherentmarketinsights.com/insight/request-sample/664
The implementation of advanced technologies, innovative policies, and business models to address the environmental, financial, and service challenges faced by governmental organizations is known as smart government. The concept of smart government is based on communication network and information systems. Increasing adoption of smart technologies by various governmental bodies has resulted in growth of smart government market. Furthermore, increasing demand for smart technology by consumer and requirement to secure data from different sources compels the governments to process data for digital transformation, which is driving growth of smart government market.
Cloud-based deployment model is expected to grow with the largest CAGR during the forecast period due to increasing adoption of cloud technology by various governmental bodies to achieve real-time access, cost benefits, and reliability.
Remote monitoring segment is projected to grow with a significant CAGR over the forecast period, owing to less cost of sensors, which have propelled the demand for remote monitoring smart solutions. Remote monitoring assists government bodies to monitor and track their deployed asset. Moreover, some of the advantages offered by remote monitoring such as safety assurance, proactive solutions for advanced failure situations, and operational visibility and analysis are fueling growth of smart government market.
Professional services segment held dominant position in the smart government market in 2016 and is projected to retain its dominance throughout the forecast period. The need for maintenance and technological consulting has increased the demand for professional services in the smart government market.
Request For Table of Content of this Report : https://www.coherentmarketinsights.com/ongoing-insight/toc/664
You may be interested
Negative Pressure Wound Therapy (NPWT) Devices Market Research Report 2018 – Increasing Prevalence Of Chronic Wounds To Fuel The Demand GloballyMohit Joshi - October 23, 2018
Coherent Market Research Published a Half Cooked Research Report on Global Negative Pressure Wound Therapy (NPWT) Devices Market Research Report. Avail the in-depth table of content Table…
Elbow Lesion Market Research Report 2018 – Rising Number Of Sports Injuries Drives Industry Growth in Near FutureMohit Joshi - October 23, 2018
Coherent Market Research Published a Half Cooked Research Report on Global Elbow Lesion Market Research Report. Avail the in-depth table of content Table of Content and market…
Deep Brain Stimulation Devices Market Research Report 2018 – Rising Incidence Rate Of Parkinson’S Disease Is Expected To Fuel The Market Growth Till 2024Mohit Joshi - October 23, 2018
Coherent Market Research Published a Half Cooked Research Report on Global Deep Brain Stimulation Devices Market Research Report. Avail the in-depth table of content Table of Content…