Product Code: MLIG240021-01
Summary
Global Government Spending industry profile provides top-line qualitative and quantitative summary information including: sector size (value 2019-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the sector.
Key Highlights
Government spending refers to the money spent by the government of a country to provide goods and services to its citizens. It helps to drive economic growth, create employment opportunities, and improve the standard of living for its citizens.
The market is segmented into defense, education, social protection, healthcare, and others.
The defense segment includes all military and civil defense spending, research and development, and other defense-related expenditures.
The education segment includes all spending on pre-primary education, primary education, secondary education, tertiary education, research and development, and other education-related expenditures.
The social protection segment includes all spending on sickness and disability, old age, survivors, family and children, unemployment, housing, social exclusion, research and development, and other social protection expenditures.
The health segment includes all spending on medical products, and equipment, as well as outpatient, hospital, and public health services, research and development, and other health expenditures.
The others segment includes spending on general public services, public order and safety, economic affairs, environmental protection, housing and community amenities, recreation, culture and religion, and related government expenditures.
All market data and forecasts are adjusted for inflation and all currency conversions used in the creation of this report have been calculated using yearly annual average exchange rates.
The global government spending market recorded revenues of $29,421.3 billion in 2023, representing a compound annual growth rate (CAGR) of 5.1% between 2018 and 2023.
The social protection segment accounted for the market's largest proportion in 2023, with total revenues of $7,442 billion, equivalent to 25.3% of the market's overall value.
The US accounted for a 31.7% share of the total global market in 2023 followed by Europe and Asia-Pacific with 32.8% and 23.8%, respectively.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the global government spending sector
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global government spending sector
- Leading company profiles reveal details of key government spending sector players' global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the global government spending sector with five year forecasts
Reasons to Buy
- What was the size of the global government spending sector by value in 2023?
- What will be the size of the global government spending sector in 2028?
- What factors are affecting the strength of competition in the global government spending sector?
- How has the sector performed over the last five years?
- What are the main segments that make up the global government spending sector?
Table of Contents
1 EXECUTIVE SUMMARY
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Category segmentation
- 1.4. Geography segmentation
- 1.5. Competitive landscape
2 Introduction
- 2.1. What is this report about?
- 2.2. Who is the target reader?
- 2.3. How to use this report
- 2.4. Definitions
3 Global Government Spending
- 3.1. Market Overview
- 3.2. Market Data
- 3.3. Market Segmentation
- 3.4. Market outlook
- 3.5. Five forces analysis
4 Macroeconomic Indicators
5 Government Spending in Asia-Pacific
- 5.1. Market Overview
- 5.2. Market Data
- 5.3. Market Segmentation
- 5.4. Market outlook
- 5.5. Five forces analysis
6 Government Spending in Europe
- 6.1. Market Overview
- 6.2. Market Data
- 6.3. Market Segmentation
- 6.4. Market outlook
- 6.5. Five forces analysis
7 Macroeconomic Indicators
8 Government Spending in France
- 8.1. Market Overview
- 8.2. Market Data
- 8.3. Market Segmentation
- 8.4. Market outlook
- 8.5. Five forces analysis
9 Macroeconomic Indicators
10 Government Spending in Germany
- 10.1. Market Overview
- 10.2. Market Data
- 10.3. Market Segmentation
- 10.4. Market outlook
- 10.5. Five forces analysis
11 Macroeconomic Indicators
12 Government Spending in Australia
- 12.1. Market Overview
- 12.2. Market Data
- 12.3. Market Segmentation
- 12.4. Market outlook
- 12.5. Five forces analysis
13 Macroeconomic Indicators
14 Government Spending in Brazil
- 14.1. Market Overview
- 14.2. Market Data
- 14.3. Market Segmentation
- 14.4. Market outlook
- 14.5. Five forces analysis
15 Macroeconomic Indicators
16 Government Spending in Canada
- 16.1. Market Overview
- 16.2. Market Data
- 16.3. Market Segmentation
- 16.4. Market outlook
- 16.5. Five forces analysis
17 Macroeconomic Indicators
18 Government Spending in China
- 18.1. Market Overview
- 18.2. Market Data
- 18.3. Market Segmentation
- 18.4. Market outlook
- 18.5. Five forces analysis
19 Macroeconomic Indicators
20 Government Spending in India
- 20.1. Market Overview
- 20.2. Market Data
- 20.3. Market Segmentation
- 20.4. Market outlook
- 20.5. Five forces analysis
21 Macroeconomic Indicators
22 Government Spending in Indonesia
- 22.1. Market Overview
- 22.2. Market Data
- 22.3. Market Segmentation
- 22.4. Market outlook
- 22.5. Five forces analysis
23 Macroeconomic Indicators
24 Government Spending in Italy
- 24.1. Market Overview
- 24.2. Market Data
- 24.3. Market Segmentation
- 24.4. Market outlook
- 24.5. Five forces analysis
25 Macroeconomic Indicators
26 Government Spending in Japan
- 26.1. Market Overview
- 26.2. Market Data
- 26.3. Market Segmentation
- 26.4. Market outlook
- 26.5. Five forces analysis
27 Macroeconomic Indicators
28 Government Spending in Mexico
- 28.1. Market Overview
- 28.2. Market Data
- 28.3. Market Segmentation
- 28.4. Market outlook
- 28.5. Five forces analysis
29 Macroeconomic Indicators
30 Government Spending in The Netherlands
- 30.1. Market Overview
- 30.2. Market Data
- 30.3. Market Segmentation
- 30.4. Market outlook
- 30.5. Five forces analysis
31 Macroeconomic Indicators
32 Government Spending in North America
- 32.1. Market Overview
- 32.2. Market Data
- 32.3. Market Segmentation
- 32.4. Market outlook
- 32.5. Five forces analysis
33 Government Spending in Russia
- 33.1. Market Overview
- 33.2. Market Data
- 33.3. Market Segmentation
- 33.4. Market outlook
- 33.5. Five forces analysis
34 Macroeconomic Indicators
35 Government Spending in Scandinavia
- 35.1. Market Overview
- 35.2. Market Data
- 35.3. Market Segmentation
- 35.4. Market outlook
- 35.5. Five forces analysis
36 Government Spending in Singapore
- 36.1. Market Overview
- 36.2. Market Data
- 36.3. Market Segmentation
- 36.4. Market outlook
- 36.5. Five forces analysis
37 Macroeconomic Indicators
38 Government Spending in South Africa
- 38.1. Market Overview
- 38.2. Market Data
- 38.3. Market Segmentation
- 38.4. Market outlook
- 38.5. Five forces analysis
39 Macroeconomic Indicators
40 Government Spending in South Korea
- 40.1. Market Overview
- 40.2. Market Data
- 40.3. Market Segmentation
- 40.4. Market outlook
- 40.5. Five forces analysis
41 Macroeconomic Indicators
42 Government Spending in Spain
- 42.1. Market Overview
- 42.2. Market Data
- 42.3. Market Segmentation
- 42.4. Market outlook
- 42.5. Five forces analysis
43 Macroeconomic Indicators
44 Government Spending in Turkey
- 44.1. Market Overview
- 44.2. Market Data
- 44.3. Market Segmentation
- 44.4. Market outlook
- 44.5. Five forces analysis
45 Macroeconomic Indicators
46 Government Spending in The United Kingdom
- 46.1. Market Overview
- 46.2. Market Data
- 46.3. Market Segmentation
- 46.4. Market outlook
- 46.5. Five forces analysis
47 Macroeconomic Indicators
48 Government Spending in The United States
- 48.1. Market Overview
- 48.2. Market Data
- 48.3. Market Segmentation
- 48.4. Market outlook
- 48.5. Five forces analysis
49 Macroeconomic Indicators
50 Company Profiles
- 50.1. General Dynamics Corporation
- 50.2. GS Engineering & Construction Corp
- 50.3. Housing and Urban Development Corporation Ltd
- 50.4. Mitsubishi Heavy Industries, Ltd.
- 50.5. BAE Systems Inc
- 50.6. Skanska AB
- 50.7. Thales SA
- 50.8. Vinci SA
- 50.9. Deutsche Bahn AG
- 50.10. Deutsche Telekom AG
- 50.11. ASC Pty Ltd
- 50.12. BAE Systems Australia Ltd
- 50.13. Australian Rail Track Corporation Ltd
- 50.14. Decmil Group Ltd
- 50.15. MOVER Participacoes SA
- 50.16. Embraer SA
- 50.17. Companhia de Saneamento Basico do Estado de Sao Paulo
- 50.18. Valec Engineering, Construction and Railway SA
- 50.19. JD Irving Ltd
- 50.20. Larsen & Toubro Limited
- 50.21. PT Astra International Tbk
- 50.22. PT PAL Indonesia
- 50.23. PT PLN (Persero)
- 50.24. PT Pertamina (Persero)
- 50.25. Royal BAM Group NV
- 50.26. Airbus SE
- 50.27. NV Nederlandse Spoorwegen
- 50.28. Saab AB
- 50.29. Peab AB
- 50.30. Fortum Corp
- 50.31. Singapore Technologies Engineering Ltd
- 50.32. Hyundai Engineering & Construction Co Ltd
- 50.33. SMRT Corp Ltd
- 50.34. Public Utilities Board
- 50.35. Aveng Ltd
- 50.36. Eskom Holdings SOC Limited
- 50.37. Paramount Group
- 50.38. Passenger Rail Agency of South Africa
- 50.39. Hanwha Corp
- 50.40. Samsung C&T Corp
- 50.41. Korea Aerospace Industries Ltd
- 50.42. Actividades de Construccion y Servicios SA
- 50.43. Ferrovial SA
- 50.44. General Dynamics European Land Systems Group
- 50.45. Aselsan Elektronik Sanayi Ve Ticaret AS
- 50.46. ENKA Insaat ve Sanayi AS
- 50.47. Havelsan Hava Elektronik Sanayi Ve Ticaret AS
- 50.48. Elektrik Uretim AS
- 50.49. Lockheed Martin Corp
- 50.50. Veolia Environnement SA
- 50.51. Leonardo SpA
- 50.52. PJSC Gazprom
- 50.53. Extendicare Inc
- 50.54. Grupo Carso SA de CV
- 50.55. RTX Corp
- 50.56. United Aircraft Corp
- 50.57. Almaz-Antey Concern
- 50.58. Rossiiskie Zheleznye Dorogi
- 50.59. Aviation Industry Corp of China Ltd
- 50.60. China National Petroleum Corporation
- 50.61. Bharat Heavy Electricals Ltd
- 50.62. Hindustan Aeronautics Ltd
- 50.63. Comision Federal de Electricidad
- 50.64. Empresas ICA SAB de CV
- 50.65. Comision Nacional del Agua
- 50.66. China State Construction Engineering Corp Ltd
- 50.67. HOCHTIEF Aktiengesellschaft - Offshore Assets
- 50.68. SNCF Group
- 50.69. Rheinmetall AG
- 50.70. Webuild SpA
- 50.71. Astaris SpA (Inactive)
- 50.72. Gestore dei Servizi Energetici - GSE SpA
- 50.73. Kajima Corporation
- 50.74. Obayashi Corp
- 50.75. Nippon Telegraph and Telephone Corporation
- 50.76. Honeywell International Inc
- 50.77. China South Industries Group Corp
- 50.78. Royal Volker Wessels Stevin NV
- 50.79. Indra Sistemas, S.A. - Digital Document Management Business - Spain
- 50.80. Balfour Beatty Plc
- 50.81. BAE Systems Plc
- 50.82. Network Rail Ltd
- 50.83. Capita Plc
- 50.84. General Dynamics Corp
- 50.85. McKesson Corp
51 Appendix
- 51.1. Methodology
- 51.2. About MarketLine