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U.S. E-Government Markets
Frost & Sullivan, Dec 2004
E-Government Act Provides a Strong Impetus to Market Growth
The U.S. Government’s vision of an integrated governance system to foster greater interaction with citizens is one of the biggest market drivers for the e-governance space. With the passing of the e-governance Act of 2002 with active support from the Office of Management and Budget (OMB) and the Congress, it is apparent that e-governance is here to stay. This Act has opened up a series of opportunities for the e-governance market. While most federal agencies have adopted e-governance, some others have lagged, but adoption is inevitable. Government funding for the program is expected to increase substantially in future.
This research service provides an overview of and outlook for the U.S. e-government market. The study provides an in-depth analysis of market dynamics, revenue forecasts, political, economic, social, technological (PEST) analysis, and strategic recommendations that vendors can use to succeed in the e-government market. The research also enables companies to align their positioning strategies to benefit from the changing markets and obtain maximum return on investment.
Tremendous Popularity of E-Governance Initiatives Brings in Greater Market Revenue
President Bush’s e-government initiatives have found many takers, as is evident from the extensive use of government Web sites. Such vigorous public support can override concerns and objections from technology laggards and drive growth of e-government services.
An interesting perception is that the public would prefer government agencies to work with the private industry in developing e-government rather than attempting to develop e-government on its own, notes the analyst of this research. Despite the public’s enthusiasm for e-government, there is a desire to ease into the full-scale implementation of the programs instead of rushing the deployments. As most federal agencies still do not have a coherent e-government, companies that use their own resources to help them define vertical solutions with horizontal scalability will have an advantage when they submit their request for proposals.
Widening Budget Deficit to Lead to Consolidation, Thereby Benefiting E-Government
The fiscal shortage for e-governance is expected to have an adverse effect with no big-ticket contracts in the short term. Most contracts would effectively be consolidation programs, wherein the agencies seek to consolidate their IT networks and make maximum utilization of IT dollars, notes the analyst. The consolidation is expected to take place over a period and be very much on the lines of e-government initiatives, thereby driving the growth of e-government programs.
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