Market Research on Government Spending Global Industry Almanac 2015-2024


Government Spending Global Industry Almanac 2015-2024


Global Government Spending industry profile provides top-line qualitative and quantitative summary information including: sector size (value 2015-19, and forecast to 2024). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the sector.

Key Highlights

– The government spending sector is the total amount of public sector expenditure at any sort of level, including central government, local government etc. It is split into the following segments: defense, education, social protection, healthcare, and other.
– The defense segment includes all military and civil defense spending, foreign military aid, research and development, and other defense related expenditure.
– The education segment includes all spending on pre-primary, primary, secondary, and tertiary education, as well as education not definable by level, subsidiary services, research and development, and other education related expenditure.
– 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 expenditure.
– The health segments includes all spending on medical products, appliances, and equipment, as well as outpatient, hospital, and public health services, research and development, and other health expenditure.
– The other segment includes spending on general public services, public order and safety, economic affairs, environmental protection, housing and community amenities, and recreation, culture and religion, and other government expenditure.
– Any currency conversions used in the creation of this report have been calculated using constant 2019 annual average exchange rates.
– The global government spending sector had total revenues of $30,190.2bn in 2019, representing a compound annual growth rate (CAGR) of 3.6% between 2014 and 2019.
– The global Government Spending sector had total revenues of $27,241.1bn in 2019, representing a compound annual growth rate (CAGR) of 3.9% between 2015 and 2019.
– The social protection segment was the sector’s most lucrative in 2019, with total revenues of $7,947.6bn, equivalent to 29.2% of the sector’s overall value.


– Europe is the largest sector globally, accounting for 35.6% of the region’s total value in 2019, therefore its performance weighs heavily on the sector’s global performance. The Asia-Pacific and US sectors accounted for 30.8% and 25.5%, respectively.
– 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 2019?
– What will be the size of the global government spending sector in 2024?
– 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?

Companies Mentioned:
Actividades de Construccion y Servicios SA
Almaz-Antey Concern
ASC Pty Ltd
Astaldi SpA
Aveng Ltd
Aviation Industry Corporation of China
BAE Systems plc
Balfour Beatty plc
Bharat Heavy Electricals Ltd
Capio AB
Capita plc
China National Petroleum Corporation
China South Industries Group Corp
China State Construction Engineering Corp Ltd
Compagnie d’Entreprises CFE SA
Decmil Group Limited
Defence Housing Australia
Denel SOC Ltd
Deutsche Bahn AG
Deutsche Telekom AG
ENKA Insaat ve Sanayi AS
Eskom Holdings SOC Limited
Extendicare Inc.
FCC Construccion SA
Ferrovial Construction
Fluor Corporation
General Dynamics Corporation
Grupo Carso SA de CV
GS Engineering & Construction Corp
Hanwha Corp
Havelsan Hava Elektronik Sanayi Ve Ticaret AS
Hera SpA
Hindustan Aeronautics Ltd
HOCHTIEF Aktiengesellschaft
Honeywell International Inc.
Housing and Urban Development Corporation Ltd
Indra Sistemas, S.A.
J.D. Irving Ltd
Korea Aerospace Industries Ltd
Leonardo S.p.A.
Lockheed Martin Corp
McKesson Corporation
National Thermal Power Corporation Ltd
Network Rail Limited
OAO Gazprom
Obayashi Corp
Peab AB
Polimeks Insaat Taahhut ve San Tic AS
PT Astra International Tbk
PT PAL Indonesia
PT Pertamina (Persero)
PT Perusahaan Listrik Negara (Persero) Tbk
Public Utilities Board
Raytheon Co
Rheinmetall AG
Rossiiskie Zheleznye Dorogi
Royal BAM Group nv
Royal Volker Wessels Stevin NV
Saab AB
Samsung C&T Engineering & Construction Group
Singapore Technologies Engineering Ltd
Skanska AB
SMRT Corp Ltd
SNCF Mobilites Group
Thales SA
The Boeing Company
United Aircraft Corporation
Veolia Environnement S.A.
Vinci SA
Webuild SpA

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