United Kingdom (UK) Government Spending Market Summary, Competitive Analysis and Forecast, 2017-2026

Government Spending in the United Kingdom industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-21, and forecast to 2026). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

The government spending sector is the total amount of public sector expenditure at any sort of level, including central government, local government etc. It is split into the following segments: defense, education, social protection, healthcare, and other.
The UK government spending sector had total expenditure of $1,532.8 billion in 2021, representing a compound annual growth rate (CAGR) of 8.2% between 2016 and 2021.
The social protection segment was the sector's most lucrative in 2021, with total expenditure of $412.5 billion, equivalent to 26.9% of the sector's overall value.
The UK government has supported the economy with a variety of measures in response to the COVID-19 crisis. This has led to an unprecedented increase in public spending in recent years.

Scope

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

Reasons to Buy

What was the size of the United Kingdom government spending market by value in 2021?
What will be the size of the United Kingdom government spending market in 2026?
What factors are affecting the strength of competition in the United Kingdom government spending market?
How has the market performed over the last five years?
How large is the United Kingdom’s government spending market in relation to its regional counterparts?

Frequently Asked Questions about the UK Government Spending Market

What is the estimated value of the UK Government Spending Market?

The UK Government Spending Market was estimated to be valued at $1532.79 Billion in 2021.

What is the growth rate of the UK Government Spending Market?

The growth rate of the UK Government Spending Market is 6.9%, with an estimated value of $2140.46 Billion by 2026.

What is the forecasted size of the UK Government Spending Market?

The UK Government Spending Market is estimated to be worth $2140.46 Billion by 2026.

Who are the key companies in the UK Government Spending Market?

Key companies in the UK Government Spending Market include BASF SE, Akzo Nobel N.V., Yara International ASA and Kemira Oyj.

Report Attribute	Details
No. of Pages	43
Published	June 2022
Forecast Period	2021 - 2026
Estimated Market Value ( USD ) in 2021	$ 1532.79 Billion
Forecasted Market Value ( USD ) by 2026	$ 2140.46 Billion
Compound Annual Growth Rate	6.9%
Regions Covered	United Kingdom

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 leading players follow?
7.3. Have there been any major contracts signed recently?

8 Company Profiles

8.1. Balfour Beatty plc
8.2. BAE Systems Inc
8.3. Network Rail Limited
8.4. Capita plc

9 Macroeconomic Indicators

9.1. Country data

10 Appendix

10.1. Methodology
10.2. Industry associations
10.3. Related Research
10.4. About the Publisher

List of Tables

Table 1: United Kingdom government spending sector value: $ billion, 2016-21
Table 2: United Kingdom government spending sector category segmentation: % share, by value, 2016-2021
Table 3: United Kingdom government spending sector category segmentation: $ billion, 2016-2021
Table 4: United Kingdom government spending sector geography segmentation: $ billion, 2021
Table 5: United Kingdom government spending sector value forecast: $ billion, 2021-26
Table 6: Balfour Beatty plc: key facts
Table 7: Balfour Beatty plc: Annual Financial Ratios
Table 8: Balfour Beatty plc: Key Employees
Table 9: BAE Systems Inc: key facts
Table 10: BAE Systems Inc: Key Employees
Table 11: BAE Systems Inc: Key Employees Continued
Table 12: Network Rail Limited: key facts
Table 13: Network Rail Limited: Key Employees
Table 14: Capita plc: key facts
Table 15: Capita plc: Annual Financial Ratios
Table 16: Capita plc: Key Employees
Table 17: United Kingdom size of population (million), 2017-21
Table 18: United Kingdom gdp (constant 2005 prices, $ billion), 2017-21
Table 19: United Kingdom gdp (current prices, $ billion), 2017-21
Table 20: United Kingdom inflation, 2017-21
Table 21: United Kingdom consumer price index (absolute), 2017-21
Table 22: United Kingdom exchange rate, 2017-21

List of Figures

Figure 1: United Kingdom government spending sector value: $ billion, 2016-21
Figure 2: United Kingdom government spending sector category segmentation: $ billion, 2016-2021
Figure 3: United Kingdom government spending sector geography segmentation: % share, by value, 2021
Figure 4: United Kingdom government spending sector value forecast: $ billion, 2021-26
Figure 5: Forces driving competition in the government spending sector in the United Kingdom, 2021
Figure 6: Drivers of buyer power in the government spending sector in the United Kingdom, 2021
Figure 7: Drivers of supplier power in the government spending sector in the United Kingdom, 2021
Figure 8: Factors influencing the likelihood of new entrants in the government spending sector in the United Kingdom, 2021
Figure 9: Factors influencing the threat of substitutes in the government spending sector in the United Kingdom, 2021
Figure 10: Drivers of degree of rivalry in the government spending sector in the United Kingdom, 2021