Global Government Spending

April 2025 | 42 pages | ID: G32CF1CB179EN
MarketLine

Abstracts

Global Government Spending

Summary

Global Government Spending industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2019-24, and forecast to 2029). 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 global government spending market recorded expenditure of $35,618.1 billion in 2024, representing a compound annual growth rate (CAGR) of 5.1% between 2019 and 2024.
• The social protection segment accounted for the market's largest proportion in 2024, with total expenditure of $8,928.8 billion, equivalent to 25.1% of the market's overall expenditure.
• In the global government spending market, North America held the largest share of 35.6% in 2024, followed by Europe (33.9%), Asia-Pacific (23.4%), South America (4.4%), and Middle East & Africa (2.8%).

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 global
• Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global government spending market
• 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 Global government spending market with five year forecasts by both value and volume

Reasons to Buy

• What was the size of the Global government spending market by value in 2024?
• What will be the size of the Global government spending market in 2029?
• What factors are affecting the strength of competition in the Global government spending market?
• How has the market performed over the last five years?
• What are the main segments that make up the global's government spending market?

Companies Mentioned

Lockheed Martin Corp
General Dynamics Corp
China State Construction Engineering Corp Ltd
Actividades de Construccion y Servicios SA

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 have been the most recent developments in the market?

8 COMPANY PROFILES

8.1. Lockheed Martin Corp
8.2. General Dynamics Corp
8.3. China State Construction Engineering Corp Ltd
8.4. Actividades de Construccion y Servicios SA

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: Global government spending sector value: $ billion, 2019-24
Table 2: Global government spending sector category segmentation: % share, by value, 2019-24
Table 3: Global government spending sector category segmentation: $ billion, 2019-24
Table 4: Global government spending sector geography segmentation: $ billion, 2024
Table 5: Global government spending sector value forecast: $ billion, 2024-29
Table 6: Lockheed Martin Corp: Key Facts
Table 7: Lockheed Martin Corp: Annual Financial Ratios
Table 8: Lockheed Martin Corp: Key Employees
Table 9: General Dynamics Corp: Key Facts
Table 10: General Dynamics Corp: Annual Financial Ratios
Table 11: General Dynamics Corp: Key Employees
Table 12: General Dynamics Corp: Key Employees Continued
Table 13: China State Construction Engineering Corp Ltd: Key Facts
Table 14: China State Construction Engineering Corp Ltd: Annual Financial Ratios
Table 15: China State Construction Engineering Corp Ltd: Key Employees
Table 16: Actividades de Construccion y Servicios SA: Key Facts
Table 17: Actividades de Construccion y Servicios SA: Annual Financial Ratios
Table 18: Actividades de Construccion y Servicios SA: Key Employees
Table 19: Actividades de Construccion y Servicios SA: Key Employees Continued
Table 20: Global Exchange Rate, 2019-24

List Of Figures

LIST OF FIGURES
Figure 1: Global government spending sector value: $ billion, 2019-24
Figure 2: Global government spending sector category segmentation: $ billion, 2019-24
Figure 3: Global government spending sector geography segmentation: % share, by value, 2024
Figure 4: Global government spending sector value forecast: $ billion, 2024-29
Figure 5: Forces driving competition in the global government spending sector, 2024
Figure 6: Drivers of buyer power in the global government spending sector, 2024
Figure 7: Drivers of supplier power in the global government spending sector, 2024
Figure 8: Factors influencing the likelihood of new entrants in the global government spending sector, 2024
Figure 9: Factors influencing the threat of substitutes in the global government spending sector, 2024
Figure 10: Drivers of degree of rivalry in the global government spending sector, 2024