The Global Public Impact of GovTech 2025

A3 Methodology The study employs a structured approach to estimate the GovTech market size (1) and its GovTech opportunity for the public sector (2) by 2034. The methodology integrates an analysis of public sector IT spending, expert opinions and established models to produce reliable estimates of both market growth and societal impact. 1. Assessment of the GovTech market sizea. Determination of sector focus: Calculation of the market comprises four sectors: public services, education, healthcare/life sciences and transport. b. Projecting IT spending: Growth projections extended to 2034 by applying the average annual growth rate of 8% (based on 2022-2028 data) (see Figure 5).13,14 IT spending in various sectors (in $ billions in 2024 and 2034) with an estimate growth rate of 8% per annumFIGURE 5 $1,570 2034$220$170$70 2024$40 $90$70 $670 Public sector Education Healthcare and life science TransportA2 Additional information for the country cases Azerbaijan: For more information, see: Centre for the Fourth Industrial Revolution Azerbaijan Bahrain: For more information, see: Information & eGovernment Authority Brazil: For more information, see: Ministry of Management and Innovation in Public ServicesGermany: For more information, see: CIO Bund Malaysia: For more information, see: MyDIGITAL Rwanda: For more information, see: IremboGov Ukraine: For more information, see: Ministry of Digital Transformation The Global Public Impact of GovTech: A $9.8 Trillion Opportunity 29