Global Municipal Software Market Overview:
The Municipal Software can be referred to as a platform used to streamline various processes such as certificate issuance, social welfare schemes, property registration, license issuance, grievance management, and correspondence/file management. It is an effective tool for the municipal departments that helps to provide a more efficient response to citizens by transforming critical processes. It also enables users to participate gain complete visibility across various applications & processes.
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Technological Upgradation in the Software
Market Growth Drivers:
Rapid Urbanization and Digitalization across the World and Growing Adoption of IT Services in Various Sectors
Challenges:
Lack of Awareness
Restraints:
Problem with Network Connectivity and other Technological Errors
Opportunities:
Growing Adoption of the Municipal Software Solution in Both Developing and Developed Economies and Enhancement of Network Infrastructure and Rising Internet User Base
Competitive Landscape:
The vendors in this market are majorly focusing on developing innovative services in order to cater to the market's demands to remain competitive in the global market.
Some of the key players profiled in the report are Novo Solutions (United States), CityGrows (United States), Municode (United States), Beehive Industries (United States), Infor (United States), CityView (United States), ClearGov (United States) and Sharenology (United States). Additionally, following companies can also be profiled that are part of our coverage like Online Solutions (Serbia), Cartegraph (United States), BS&A Software (United States) and Municipal Systems (United States). Analyst at AMA Research see United States Players to retain maximum share of Global Municipal Software market by 2028. Considering Market by Deployment Model, the sub-segment i.e. Cloud-based will boost the Municipal Software market. Considering Market by Pricing Model, the sub-segment i.e. Subscription will boost the Municipal Software market.
Latest Market Insights:
In June 2022, ClearGov acquired the CityGrows platform. Acquiring the CityGrows platform will enable ClearGov to offer powerful yet easy-to-use permitting and licensing solutions, expanding ClearGov's ability to help local government organizations modernize.
In October 2022, de Novo Solutions, a leading provider of industry vertical solutions, digital transformation, and business enablement services for both Oracle SaaS Cloud and ServiceNow applications for the experience economy, will launch Crown Commercial Service (CCS)'s latest procurement framework. made the service available. G-Cloud 13. The G-Cloud 13 framework, available through the CCS Service Digital Marketplace, allows UK central government departments and all other public sector entities to purchase cloud-based computing services such as hosting, software and cloud support.
What Can be Explored with the Municipal Software Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Municipal Software Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Municipal Software
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Municipal Software market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Municipal Software market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Software Developers, Raw Material Suppliers, Government Regulatory and Research Organizations and End-Use Industries.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.