Search through our UKHotViews and UKHotViewExtra articles plus complete research reports
At the end of December 2022, we reviewed our market outlook and updated our UK Software and IT Services (SITS) market growth estimates. Our ’Market Outlook Update: Trends and Forecasts 2022-2025’ covered the entire UK SITS market. Today, we dig deeper into the data with the publication of our market outlook update for UK Public Sector SITS, which is available to download now.
In July 2022, we issued our forecasts for the size of the UK Public Sector SITS market between 2022 and 2025. At the time there were significant uncertainties about the impact of the gathering economic headwinds coming off the back of a significant uplift in public sector SITS expenditure in response to the COVID-19 pandemic.
As 2022 progressed, it became clear that market momentum was proving resilient, but that the public sector was not immune from the pressures created by skills shortages, energy costs and inflation. We have continued to monitor closely the financial performances of the UK operations of the Top 60 SITS vendors in the market, public sector contract awards, and wider economic forecasts and have now revised our UK Public Sector SITS market forecasts.
As well as updating our market outlook, this report also provides our predictions about how the use of technology in the public sector will evolve in 2023 and beyond. At the end of 2022, we published ‘Predictions 2023: Tech Opportunities in an Economic Downturn’, outlining TechMarketView’s predictions for the UK SITS market in 2023. In today’s report we drill down further and present our predictions for the use of technology in each of the six public sector subsectors we track (Central Government, Local & Regional Government, Defence, Health, Education and Police) and the role SITS will play in the pursuit of productivity in the public sector.
PublicSectorViews suppliers can find out the size of the UK Public Sector SITS market in 2022, its growth between 2022 and 2025, and our predictions for the use of technology in the sector during 2023 and beyond by downloading UK Public Sector SITS - Market Outlook Update & Predictions today.
If you are not yet a subscriber, or are unsure if your organisation has a corporate subscription, please contact Deb Seth to find out more.
Posted by Dale Peters at '09:28' - Tagged: predictions forecasts market+trends public+sector
