Enjoy complimentary customisation on priority with our Enterprise License!
The Government Open Data Management (ODM) Platform Market size is estimated to grow at a CAGR of 9.73% between 2023 and 2028. The market size is forecast to increase by USD 96.48 million. The growth of the market depends on several factors such as the rising demand for digitalization in government operations, increasing demand for data-driven decision-making and process optimization and operational efficiency. A government open data management platform is a centralized system or platform used by governments to store, manage, and publish their open data initiatives. It serves as a repository for government agencies to collect, organize, and share various types of data with the public and other stakeholders. These platforms often provide tools for data cleaning, quality assurance, metadata creation, and data visualization. They aim to promote transparency, accountability, and data-driven decision-making by making government data more accessible and usable to the public.
This government open data management platform market report extensively covers market segmentation by end-user (large enterprises and SMEs), deployment (on-premises and cloud-based), and geography (North America, Europe, APAC, South America, and Middle East and Africa) and geography North America, Europe, APAC, South America, and Middle East and Africa. It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2018-2022.
For More Highlights About this Report, Download Free Sample in a Minute
Process optimization and operational efficiency are notably driving market growth. The deployment of open data management platforms optimizes processes and improves the operational efficiency of organizations. The use of open data management platforms enables the collection, management, organization, and storage of organizational data to improve accessibility and usability. Such solutions can be used for operational streamlining and optimization, as well as business process automation. For instance, open data management platforms may implement automation in business processes by significantly minimizing human involvement and interaction during the data extraction processes. Open data management platforms have evolved to address technological advances and the generation of complex data sets.
Consequently, the use of such solutions reduces the operational expenses (OPEX) of organizations. The deployment of open data management platforms also ensures adherence to stringent compliance standards in several industries. All these factors will drive the growth of the global government open data management platform market during the forecast period.
Integration of the Internet of Things is an emerging trend shaping market growth. IoT devices are generating a vast amount of data that can be used by governments to improve their operations and services. For example, IoT sensors can be used to collect data on traffic conditions, air quality, and energy consumption. These data can be published on government open data platforms, where they can be accessed and used by businesses, researchers, and the public. IoT data can be used to improve the quality and accessibility of government open data, for example, to validate and correct errors in existing open data.
Further, the integration of IoT will fuel the growth of the government open data management (ODM) platform market by increasing the volume and variety of government open data, improving the quality and accessibility of government open data, enhancing the user experience of government open data platforms, and increasing innovation and development of new government services. Such factors are expected to drive the market growth during the forecast period.
Data privacy concerns related to open data platforms are a significant challenge hindering market growth. While the benefits of open data platforms are significant, there are legitimate concerns regarding privacy, security, and the potential misuse of personal information. These concerns can create barriers to the adoption and usage of open data management platforms, negatively impacting government open data management (ODM) platform market growth. One major concern is the risk of data breaches and unauthorized access to sensitive information. Government open data management platforms involve the collection, storage, and dissemination of large volumes of data, including personally identifiable information. Any security vulnerabilities in these platforms can expose sensitive data to malicious actors, causing harm to individuals and eroding public trust.
Furthermore, concerns about data privacy can lead to reduced participation and engagement of citizens. If individuals are hesitant to share their personal information due to privacy concerns, the quality and quantity of data available for analysis and decision-making may be compromised. Limited data availability will hinder the effectiveness of government services and initiatives that rely on open data, thereby negatively impacting the growth potential of the global government open data management platform market during the forecast period.
The market share growth by the large enterprises segment will be significant during the forecast period. A government open data management platform is a centralized system or platform used by governments to store, manage, and publish their open data initiatives. It serves as a repository for government agencies to collect, organize, and share various types of data with the public and other stakeholders. These platforms often provide tools for data cleaning, quality assurance, metadata creation, and data visualization.
Get a glance at the market contribution of various segments Download the PDF Sample
The large enterprises segment was the largest and was valued at USD 77.79 million in 2018. The large enterprise segment of the government open data management platform market is expected to continue to grow rapidly due to the increasing demand for government open data from large enterprises and the growing number of government open data management platforms available. Moreover, the increasing demand for data-driven decision-making, the need for transparency and collaboration between public and private sectors, the advancements of technology enabling data analytics, and the potential for innovative R&D opportunities in large enterprises will drive the growth of the global government open data management platform market in the large enterprise's segment during the forecast period.
The on-premises segment of the global government data management platform market refers to the deployment of data management solutions within the physical infrastructure of government organizations. This means that the software, servers, and storage systems are located and managed within the premises of government entities. Data security and control are of utmost importance to government organizations. Additionally, some data management platform solutions do not require an Internet connection and are easily customized to meet business needs. The government open data management platform market is dominated by large organizations such as healthcare institutions and financial institutions that are concerned more about functionality than cost-effectiveness. Furthermore, on-premises deployments enable the real-time monitoring of business processes. Due to these factors, the on-premises segment of the government open data management platform market is expected to grow steadily during the forecast period.
For more insights on the market share of various regions Download PDF Sample now!
North America is estimated to contribute 36% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. The government open data management platform market in North America is highly advanced and robust, driven by the region's strong focus on transparency, accountability, and data-driven decision-making. North American governments, at both federal and state levels, recognize the immense potential of open data platforms in fostering innovation, driving economic growth, and improving public services. As a result, they are investing in advanced open data management platforms to facilitate the collection, storage, analysis, and dissemination of data.
In addition, the regional market is characterized by a wide range of platform providers offering diverse features such as data publishing, visualization, analytics, and developer tools to meet the specific needs of government entities. Thus, the region's commitment to transparency, innovation, data-driven decision-making, strong emphasis on citizen engagement, and growing need for efficient governance will fuel the growth of the regional market during the forecast period.
The COVID-19 pandemic had a positive impact on the North American government's open data management platform market in 2020. Open data management platforms played a crucial role in aggregating, analyzing, and visualizing COVID-19 data, allowing policymakers and researchers to track the spread of the virus, identify hotspots, and make informed decisions. Therefore, the outbreak positively impacted the growth of the regional market. Moreover, increased emphasis on data-driven decision-making, the rising demand for transparent and accessible government data, evolving regulatory requirements, the need for enhanced data security, and ongoing digital transformation efforts will further fuel the growth of the regional market during the forecast period.
The Government Open Data Management Platform Market report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Global Government Open Data Management Platform Market Customer Landscape
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
Alphabet Inc. - The company offers government open data management platforms such as Google Cloud used for state and local Governments with hybrid cloud management, generative AI for organizations, and auto threat detection solutions
CartoDB Inc. - The company offers Carto government open data management platform with GIS, web mapping, and spatial data science tools.
CivicActions - The company offers government open data management platforms such as Free and open source software FOSS security.
The research report also includes detailed analyses of the competitive landscape of the market and information about 12 market companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
The government open data management platform market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2018-2022.
|
Government Open Data Management Platform Market Scope |
|
|
Report Coverage |
Details |
|
Page number |
169 |
|
Base year |
2023 |
|
Historic period |
2018-2022 |
|
Forecast period |
2024-2028 |
|
Growth momentum & CAGR |
Accelerate at a CAGR of 9.73% |
|
Market Growth 2024-2028 |
USD 96.48 million |
|
Market structure |
Concentrated |
|
YoY growth 2023-2024(%) |
8.98 |
|
Regional analysis |
North America, Europe, APAC, South America, and Middle East and Africa |
|
Performing market contribution |
North America at 36% |
|
Key countries |
US, Canada, Australia, UK, and France |
|
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
|
Key companies profiled |
Alphabet Inc., CartoDB Inc., CivicActions, DATA.WORLD INC., Esri Global Inc., Junar Inc., Microsoft Corp., Opendatasoft, OpenGov Inc., Oracle Corp., Tyler Technologies Inc., and Viderum ltd trading |
|
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period. |
|
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
We can help! Our analysts can customize this market research report to meet your requirements.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Market Segmentation by Deployment
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
Certified ISO 9001 : 2015
We are ISO 9001:2015 recognized that ensures quality services and product delivery to our clients.
We are GDPR and CCPA compliant! Your transaction & personal information is protected from unauthorized use.
Get lifetime access to our
Technavio Insights
Customized Report as per your Business Needs
Let us help you make report more suited to your requirements.
Get the report (PDF) sent to your email within minutes.
