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The 2024 edition of TechMarketView’s UK Public Sector Software and IT Services (SITS) Suppliers, Trends and Forecasts report is now available.
This report provides an essential overview of the Public Sector SITS market in 2023 and how we believe the market will evolve over the 2024-27 period. The report also contains an update to our UK public sector SITS Top 20 supplier rankings based on the latest available financial information (as at end of June 2024). Top 20 rankings for Central Government and Top 10 rankings for each of the remaining subsectors (Local & Regional Government, Health, Education, Police and Defence) are also provided.
Although the Public Sector SITS market grew in 2023, it experienced the weakest year-on-year growth since the pandemic disrupted 2020 and a marked slowdown compared to 2022. In real terms (considering inflation), performance was even more subdued. Central Government expenditure was the main driver for growth, but other areas of the public sector, particularly Local & Regional Government, had a challenging year.
The public sector SITS market is expected to grow in each year of the 2024-27 forecast period; however, the speed of growth slows considerably in 2024. This is largely due to the impact of the general election and market uncertainty suppressing growth and delaying decision making.
PublicSectorViews’ subscribers can discover the size of the public sector market, its growth forecast, and who the leading suppliers are for each subsector by downloading the research today.
This reports will be followed by a series of six reports that take a deeper dive into the public sector subsectors we track: Central Government, Local & Regional Government, Defence, Health, Education and Police.
If you are not yet a subscriber, or are unsure if your company has a subscription, please contact Deb Seth to find out how you can access the research.
Posted by Dale Peters at '09:32' - Tagged: defence education police health market+trends local+government public+sector central+government supplier+rankings
