Welcome to the first-of-its-kind interactive ‘Global GovTech Report Q1 2022’, which includes a collection of advanced analytics on the GovTech sector, an overview of next-generation technologies, and case studies that explore GovTech solutions implementations. We hope that our stakeholders will make use of the valuable information provided herein.
At Deep Knowledge Analytics, we believe in the power of data. The ‘Global GovTech Report Q1 2022’ is the go-to digital resource for original insights and analysis on the opportunities, challenges, and trends to watch in the GovTech sector. Drawing on a wide range of data sources, the interactive report provides an up-to-date overview of the most important developments in this rapidly evolving field. The report's findings are presented in an easy-to-use format, with key information highlighted in an AI-powered dashboard. This makes it easy to quickly identify the most important trends and developments in the GovTech sector. The ‘Global GovTech Report Q1 2022’ is essential reading for anyone with an interest in this rapidly expanding field.
The GovTech Industry is booming worldwide as countries race to digitally transform their governments. This report profiles 660+ GovTech companies and 1,370+ investors based on their innovation potential and business activity across the globe. The USA continues to lead in GovTech while the UK and Australia boast the highest number of GovTech companies in their respective regions. Several countries have been advancing their GovTech agendas in line with their digital transformation policies. GovTech is seen as a key solution to many of the challenges faced by governments today, from modernising legacy systems to improving citizen engagement.
The GovTech market can be segmented into the following subsectors:
The future of national development depends upon positioning DeepTech at the centre of national strategies. In the report, we discuss the deep dive value of next-generation technologies such as AI, Data Science, Big Data Analytics, Blockchain, Sensors, and the Internet of Things (IoT), which have the potential to enhance or propel developed countries to the next stage of growth, stability, and prosperity.
Report Methodology and Approach
Containing a comprehensive overview of the GovTech Industry, the report relies on various research methods and analytics techniques. Although there are varying views on the definition of GovTech, our definition on is based on industry research, ecosystem feedback, and expert advice. This definition guides the research of this report. Deep Knowledge Analytics is not responsible for the quality of the secondary data presented herein; however, we do our best to minimize possible risks by cross-checking data and using different analytics techniques. Please note that we did not deliberately exclude certain companies from our analysis due to the data-filtering method used or difficulties encountered. In fact, the main reason for their non inclusion was incomplete or missing information in the available sources.
Publicly Available Sources
Industry Reports and Reviews
Mixed Data Research
Qualitative Data Collection
Applied Research and Analytics Methods
* - grouped by, but not limited to
GovTech Division of Deep Knowledge Analytics (DKA) Disclaimer
The information and opinions in this report were prepared by GovTech Division of Deep Knowledge Analytics. The information herein is believed by GovTech Division of DKA to be reliable but GovTech Division of DKA makes no representation as to the accuracy or completeness of such information. There is no guarantee that the views and opinions expressed in this communication will come to pass. GovTech Division of DKA may provide, may have provided or may seek to provide advisory services to one or more companies mentioned herein. In addition, employees of DKA may have purchased or may purchase securities in one or more companies mentioned in this report. Opinions, estimates and analyses in this report constitute the current judgment of the author as of the date of this report. They do not necessarily reflect the opinions of GovTech Division of DKA and are subject to change without notice. GovTech Division of DKA has no obligation to update, modify or amend this report or to otherwise notify a reader thereof in the event that any matter stated herein, or any opinion, estimate, forecast or analysis set forth herein, changes or subsequently becomes inaccurate. This report is provided for informational purposes only. It is not to be construed as an offer to buy or sell or a solicitation of an offer to buy or sell any financial instruments or to participate in any particular trading strategy in any jurisdiction.
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