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E-governance Market Global Market - OverviewE-governance is the part of information and communication technology (ICT) to offer government services to the general public. The government services include communication transactions and consolidations of various peripheral systems and services between government to government (G2G), government to employees (G2E), government to citizen (G2C), and government to businesses (G2B). The main objective of e-governance is to offer government services citizens in an effective, convenient and transparent manner. The evolution of e-governance as a business solution for many heavy weight corporates and increasing demand for constant convenient solutions for governments services are expected to be major drivers of e-government market over the forecast period. Additionally, surging usage of data, regulation policies and increasing business consolidations are presumed to be propelling factors of the E-Governance Market. On the other hand, lack of internet facilities in rural and low income areas, lack of operating skills and huge amount of cost involved in implementation of facilities are anticipated to hinder the growth of the e-government market over the review period.
Key Players:
The prominent players in the E-governance Market are –EMC Corporation (US), Oracle Corporation (US), SAP SE (Germany), Microsoft Corporation (US), Wolters Kluwer N.V (Netherlands), MetricStream Inc. (US), SAS Institute Inc. (US), IBM Corporation (US), Fidelity National Information Services Inc. (US), Thomson and Reuters Corporation (US), among others.
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Industry News
January 2018, FIS emerged as a new cards platform provider for Australia’s ME Bank. FIS, a leading solution provider for financial services, has been selected as a new card platform provider by ME bank based in Australia. FIS will offer a new platform for debit and credit cards which also includes producing cards , managing and billing transactions.
June 2017, Thomson Reuters and NSDL e governance signed Memorandum of Understanding to provide solution for GST. In order to provide the smooth calculation and filling of tax returns under the new tax regime GST Thomson reuters, a leading solution provider for businesses and professional and NSDL e-governance of India have collaborated to form Thomson Reuters ONESOURCE determination solution, for value added services for professional and MSME segments.
E-governance Market Segmentation
The E-governance Market has been segmented on the basis of component, solutions, deployment type, end users and region. It has been observed that IT/ Telecom and BFSI are holds the largest market share. While the IT and telecommunications has shown a tremendous growth in E-governance market. The e-governance solutions handles various fraud and threats and help to prevent the enterprise from various attacks. These attacks have a high potential of causing huge financial losses to the organizations.
Market Research Analysis:
On geographic basis, E-governance market is studied in different regions as North America, United Kingdom, Europe, Asia-Pacific and Rest of world. It has been observed that North America is leading in the commercial electronic use of E-governance due to early implementation in the majority of sectors. The study also signifies that the US and Canada are projected to extensively implement e-governance solutions; North America is expected to have the highest market share.
In addition, the study shows that Europe region is also showing a positive curve in growth of the E-governance market due to the increasing applications of E-governance devices in commercial sector. The developing economies in Asia-pacific regions like China, Japan, India and others are showing high adoption in the E-governance market.
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Intended Audience
• System Security
• E-governance solution and service providers
• Governance, Risk Management, Compliance (GRC) staff
• Information security directors/managers
• IT directors/consultants
• E-governance instrument
• Research organizations
• Technology investors
• IT governance directors/managers
• IT risk directors/managers
• IT compliance directors/managers
• IT audit directors/managers
• Raw material and manufacturing equipment suppliers
• Research/Consultancy firms
• Analysts and strategic business planners
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Contact Info:
Name: Abhishek Sawant
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Organization: Market Research Future
Website: https://www.marketresearchfuture.com
Release ID: 480682