G8 Countries Government Spending Market Summary, Competitive Analysis and Forecast to 2027


Summary

The G8 Government Spending industry profile provides top-line qualitative and quantitative summary information including: sector size (value 2018-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the sector.


Key Highlights

  • The G8 countries contributed $15,884.2 billion in 2022 to the global government spendings industry, with a compound annual growth rate (CAGR) of 7.7% between 2018 and 2022. The G8 countries are expected to reach a value of $18,947.9 billion in 2027, with a CAGR of 3.6% over the 2022-27 period.
  • Among the G8 nations, the US is the leading country in the government spendings industry, with market revenues of $9,032.0 billion in 2022. This was followed by Germany and the UK, with a value of $2,020.9 and $1,281.9 billion, respectively.
  • The US is expected to lead the government spendings industry in the G8 nations with a value of $10,589.3 billion in 2016, followed by Germany and the UK with expected values of $2,586.2 and $1,528.0 billion, respectively.




Scope

  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the G8 government spending sector
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the G8 government spending sector
  • Leading company profiles reveal details of key government spending sector players’ G8 operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the G8 government spending sector with five year forecasts
  • Compares data from the US, Canada, Germany, France, UK, Italy, Russia and Japan, alongside individual chapters on each country




Reasons To Buy

  • What was the size of the G8 government spending sector by value in 2022?
  • What will be the size of the G8 government spending sector in 2027?
  • What factors are affecting the strength of competition in the G8 government spending sector?
  • How has the sector performed over the last five years?
  • What are the main segments that make up the G8 government spending sector?