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Smart Governments Market to Reach USD 28.24 Billion By 2022 - Increasing Global Demand for Adoption of Sophisticated & Smart Technologies - Research and MarketsDUBLIN, June 14, 2017 /PRNewswire/ -- 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 drivers of the market include growing data from multiple sources and increasing global demand for adoption of sophisticated and smart technologies. The scope of the report covers the smart governments market analysis by solution, service, deployment, and region. The remote monitoring solutions segment is expected to grow at the highest CAGR during the forecast period owing to the declining cost of sensors which is boosting the deployment of smart solutions across government bodies. The professional services segment is expected to have the largest market share during the forecst period owing to the need of technological consulting, and continuous support and maintenance activities for the deployment of smart technologies. The cloud deployment segment is expected to grow at the highest rate during the forecast period owing to the increased adoption of cloud services by government agencies to achieve cost benefits, real-time access, and zero maintenance downtime. As per the geographic analysis, North America is expected to witness a significant growth in the smart governments market during the forecast period due to increased penetration of smart technologies, such as big data, Internet of Things (IoT), analytics, and cloud computing. Moreover, there is an increased spending for the deployment of smart solutions across various government levels in the North American regions. Companies Mentioned
Key Topics Covered: For more information about this report visit http://www.researchandmarkets.com/research/8g2cbj/smart_governments Media Contact: Laura Wood, Senior Manager
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