Inspection Software for Government Services Market is expected to reach US$ 1,107.55 million by 2030
Rising Adoption of Cloud-Based Inspection Management Software to Provide Opportunities for Inspection Software for Government Services Market During 2022–2030
According to our latest market study on Inspection Software for Government Services Market Size and Forecasts (2020–2030), Global and Regional Share, Trends, and Growth Opportunity Analysis — by Component, Deployment, Application, and End User," the market was valued at US$ 502.81 million in 2022 and is expected to reach US$ 1,107.55 million by 2030; it is estimated to record a CAGR of 10.4% from 2022 to 2030.
Cloud computing provides a cost-effective way to handle the data, enabling governments of various countries to store and process it in a centralized location without investing in expensive hardware and infrastructure. With the help of the cloud, municipal, state, and federal governments can deliver essential public services to citizens in a more affordable and effective manner. Owing to its several benefits, the government sector is increasingly adopting cloud-based software for modernizing government IT and improving citizen services. Several efforts are being made to accelerate cloud adoption across the globe. According to vTech Solution Inc, a managed IT Services firm in Washington DC, the federal government has taken considerable steps toward cloud adoption by announcing initiatives such as the Cloud First policy and prioritizing cloud solutions and services over traditional on-premises infrastructure for new IT investments. The Federal Risk and Authorization Management Program (FedRAMP) played a vital role in accelerating cloud adoption by providing a standardized method for security assessment, authorization, and constant monitoring of cloud service providers. Several federal agencies have effectively migrated their data, applications, and services to cloud platforms, leveraging cloud solutions’ scalability, cost efficiency, and flexibility. As a result, cloud adoption has enabled these agencies to streamline operations, enhance collaboration, and deliver services more efficiently to citizens. Thus, to cater to the demand for cloud solutions from the government sector, various market players are focused on introducing cloud solutions, which is anticipated to create lucrative opportunities for the inspection software for government services market growth during the forecast period.
Inspection Software for Government Services Market Analysis— by Geography, 2022
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Brightly Inc, Oracle Corp, GovPilot LLC, Idox Plc, OrangeQC LLC, OpenGov Inc, Infovision Inc, Azteca Systems LLC, Cloudpermit Inc, and GoAudits Inc are among the key players profiled in the inspection software for government services market report. Several other major players were studied and analyzed during the market analysis to get a holistic view of the market and its ecosystem. The inspection software for government services market report also provides detailed market insights, which help the key players strategize their growth.
The report includes growth prospects owing to the current inspection software for government services market trends and their foreseeable impact during the forecast period. The report includes market forecast by component, deployment, application, end user and regions from 2022 to 2030.
The APAC inspection software for government services market is segmented into Australia, China, Japan, India, South Korea, and the Rest of APAC. In terms of revenue, China dominated the APAC inspection software for government services market share. The market size for APAC inspection software for government services is likely to surge as APAC is one of the fastest growing regions in terms of adoption of digital solutions by the government, as many global players are focused on providing their solutions to cater to inspection demand from various industries. According to the Asian Productivity Organization (APO), an intergovernmental organization committed to improving productivity in the region, public-sector organizations are focused on delivering services more efficiently through a combination of open, bottom-up, and digitally integrated hierarchies and operations. Public sectors are revamping their business model to increase efficiency in service delivery.
Digital connectivity, artificial intelligence (AI) and automation, big data and analytics, citizen-oriented applications, digital government platforms, and personalized digital services are among the trends that are making their way into public services. Thus, the rising adoption of digitalization in the region can boost the adoption of digital solutions by the government to deliver public services, facilitating the expansion of the inspection software for government services market share in Asia Pacific.
Furthermore, governments of various countries across Asia Pacific are embracing the implementation of advanced solutions to conduct inspection activities. The developing countries in the region are implementing digitalization to unlock their vast potential for economic growth and deliver efficient services to their citizens. According to the information provided by the Haryana Information, Public Relations, and Language Department on April 5, 2023—Health and Family Welfare Minister launched Randomization and Real Time Inspection Software (Drug Wing) for inspection of drug license stakeholders' organizations issued by Food and Drug Administration Department. With the help of this software, a drug control officer is assigned the duty of inspecting the drug unit in a random manner (conducted online and in real time), and the target of inspection is also provided to these officers. Such proliferation of digital solutions in developing economies drives the demand for inspection software by the government for inspection across various industries, which fosters the APAC inspection software for government services market growth.
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