Government Spending in Asia-Pacific

Government Spending in Asia-Pacific

  • August 2020 •
  • 25 pages •
  • Report ID: 3711789 •
  • Format: PDF
Government Spending in Asia-Pacific

Government Spending in Asia-Pacific industry profile provides top-line qualitative and quantitative summary information including: market 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 market.

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 Asia-Pacific Government Spending sector had total revenues of $8,393.3bn in 2019, representing a compound annual growth rate (CAGR) of 5.6% between 2015 and 2019.
- The social protection segment was the sector’s most lucrative in 2019, with total revenues of $1,940.7bn, equivalent to 23.1% of the sector’s overall value.
- China is by far the largest sector in the region, accounting for 41.2% of its total value in 2019, followed by Japan and India which accounted for 26.7% and 13.2%, respectively. Therefore, the performance of the Chinese sector weighs heavily on the region as a whole.

- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the government spending market in Asia-Pacific
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the government spending market in Asia-Pacific
- Leading company profiles reveal details of key government spending market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Asia-Pacific government spending market with five year forecasts

Reasons to Buy

- What was the size of the Asia-Pacific government spending market by value in 2019?
- What will be the size of the Asia-Pacific government spending market in 2024?
- What factors are affecting the strength of competition in the Asia-Pacific government spending market?
- How has the market performed over the last five years?
- What are the main segments that make up Asia-Pacific’s government spending market?

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