United States (US) Government Spending Market Summary, Competitive Analysis and Forecast to 2028

March 2024 | 45 pages | ID: U48E7F816002EN
MarketLine

Abstracts

United States (US) Government Spending Market Summary, Competitive Analysis and Forecast to 2028

Summary

Government Spending in the United States industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

• Government spending refers to the money spent by the government of a country to provide goods and services to its citizens. It helps to drive economic growth, create employment opportunities, and improve the standard of living for its citizens.
• The US government spending market registered revenues of $9,332 billion in 2023, representing a compound annual growth rate (CAGR) of 7.1% between 2018 and 2023.
• The healthcare segment accounted for the market's largest proportion in 2023, with total revenues of $2,594 billion, equivalent to 27.8% of the market's overall value.
• The US captured a share of 31.7% in the global government spending market, in 2023.

Scope

• Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the government spending market in the United States
• Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the government spending market in the United States
• 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 United States government spending market with five year forecasts

Reasons to Buy

• What was the size of the United States government spending market by value in 2023?
• What will be the size of the United States government spending market in 2028?
• What factors are affecting the strength of competition in the United States government spending market?
• How has the market performed over the last five years?
• What are the main segments that make up the United States's government spending market?

Contents

1 EXECUTIVE SUMMARY

1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape

2 MARKET OVERVIEW

2.1. Market definition
2.2. Market analysis

3 MARKET DATA

3.1. Market value

4 MARKET SEGMENTATION

4.1. Category segmentation
4.2. Geography segmentation

5 MARKET OUTLOOK

5.1. Market value forecast

6 FIVE FORCES ANALYSIS

6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry

7 COMPETITIVE LANDSCAPE

7.1. Who are the leading players?
7.2. What strategies do the leading players follow?
7.3. What are the strengths of the leading players?
7.4. What are the recent developments in the market?

8 COMPANY PROFILES

8.1. Lockheed Martin Corp
8.2. General Dynamics Corp
8.3. RTX Corp
8.4. McKesson Corp

9 MACROECONOMIC INDICATORS

9.1. Country data

10 APPENDIX

10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine

List Of Tables

LIST OF TABLES

Table 1: United States government spending sector value: $ billion, 2018-23
Table 2: United States government spending sector category segmentation: % share, by value, 2018-2023
Table 3: United States government spending sector category segmentation: $ billion, 2018-2023
Table 4: United States government spending sector geography segmentation: $ billion, 2023
Table 5: United States government spending sector value forecast: $ billion, 2023-28
Table 6: Lockheed Martin Corp: key facts
Table 7: Lockheed Martin Corp: Annual Financial Ratios
Table 8: Lockheed Martin Corp: Key Employees
Table 9: Lockheed Martin Corp: Key Employees Continued
Table 10: General Dynamics Corp: key facts
Table 11: General Dynamics Corp: Annual Financial Ratios
Table 12: General Dynamics Corp: Key Employees
Table 13: General Dynamics Corp: Key Employees Continued
Table 14: RTX Corp: key facts
Table 15: RTX Corp: Annual Financial Ratios
Table 16: RTX Corp: Key Employees
Table 17: RTX Corp: Key Employees Continued
Table 18: McKesson Corp: key facts
Table 19: McKesson Corp: Annual Financial Ratios
Table 20: McKesson Corp: Key Employees
Table 21: McKesson Corp: Key Employees Continued
Table 22: United States size of population (million), 2019-23
Table 23: United States gdp (constant 2005 prices, $ billion), 2019-23
Table 24: United States gdp (current prices, $ billion), 2019-23
Table 25: United States inflation, 2019-23
Table 26: United States consumer price index (absolute), 2019-23
Table 27: United States exchange rate, 2019-23

List Of Figures

LIST OF FIGURES

Figure 1: United States government spending sector value: $ billion, 2018-23
Figure 2: United States government spending sector category segmentation: $ billion, 2018-2023
Figure 3: United States government spending sector geography segmentation: % share, by value, 2023
Figure 4: United States government spending sector value forecast: $ billion, 2023-28
Figure 5: Forces driving competition in the government spending sector in the United States, 2023
Figure 6: Drivers of buyer power in the government spending sector in the United States, 2023
Figure 7: Drivers of supplier power in the government spending sector in the United States, 2023
Figure 8: Factors influencing the likelihood of new entrants in the government spending sector in the United States, 2023
Figure 9: Factors influencing the threat of substitutes in the government spending sector in the United States, 2023
Figure 10: Drivers of degree of rivalry in the government spending sector in the United States, 2023