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Government Spending in the United Kingdom

Government Spending in the United Kingdom

  • October 2019
  • 45 pages
  • ID: 3711751
  • Format: PDF
  • By MarketLine

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Government Spending in the United Kingdom

Summary
Government Spending in the United Kingdom industry profile provides top-line qualitative and quantitative summary information including: market size (value 2014-18, and forecast to 2023). 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 revenues of $1,053.2bn in 2018, representing a compound annual growth rate (CAGR) of 1.2% between 2014 and 2018.
- The social protection segment was the sector’s most lucrative in 2018, with total revenues of $360.8bn, equivalent to 34.3% of the sector’s overall value.
- The UK government has been engaged in austerity since the 2010 elections. The effect has seen the worst economic recovery in centuries, virtually no productivity growth and no real movement in terms of real wages for over a decade.

Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, 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 2018?
- What will be the size of the United Kingdom government spending market in 2023?
- 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?
- What are the main segments that make up the United Kingdom’s government spending market?

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