Government Spending in Asia-Pacific
SummaryGovernment Spending in Asia-Pacific 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 Asia-Pacific government spending market recorded expenditure of $8,318.9 billion in 2024, representing a compound annual growth rate (CAGR) of 3.6% between 2019 and 2024.
- The social protection segment accounted for the market's largest proportion in 2024, with total expenditure of $1,324.6 billion, equivalent to 15.9% of the market's overall expenditure.
- In the Asia-Pacific market, China held the largest share of 48.1%, followed by India (12.4%), Japan (10.7%), Australia (7.2%), South Korea (6.9%), and others.
Scope
- Save time carrying out entry-level research by identifying the size, growth, and leading players in the government spending market in Asia-Pacific
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the government spending market in Asia-Pacific
- 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 Asia-Pacific government spending market with five year forecasts by both value and volume
Reasons To Buy
- What was the size of the Asia-Pacific government spending market by value in 2024?
- What will be the size of the Asia-Pacific government spending market in 2029?
- What factors are affecting the strength of competition in the Asia-Pacific government spending market?
- How has the market performed over the last five years?
- How large is Asia-Pacific’s government spending market in relation to its regional counterparts?
MarketLine, a world-leading provider of commercial intelligence, has over 400 experienced analysts, consultants, and researchers with regional and sector expertise in market sizing, competitor tracking, socio and macro economics, and business drivers.
For more than 15 years MarketLine has supported the research needs of investment banks, corporations, professional services firms, and academia with a unique mix of company, industry, country, city and financial data for every major industry and marketplace.
MarketLine’ holistic business intelligence report collection includes:
Industry Intelligence
‒ Industry Profiles
‒ Market Forecasts
‒ Porter’s Five Forces Analysis
Company Intelligence
‒ Company Profiles
‒ SWOT Analysis
‒ Financial Deals
Country and City Intelligence
‒ Country and City Profiles
‒ PEST/PESTLE Analysis
‒ Socio and macro-economic indicators
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.