28 Aug InvestorIntel: Building the next generation of smart governments and smart cities around the world
The expected global market size for smart cities is $1.565 trillion (cumulative) by 2020, out of which smart governance is expected to be about 12% – $180 billion. The market for electronic government services is especially strong in emerging countries which are racing to modernize their public sector and transform citizen service delivery. International institutions like the World Bank, IMF, ADB etc., are encouraging emerging countries to become efficient, transparent and accountable, and are providing significant amounts of funding for their e-government initiatives. Furthermore in the North American market, there is a call for governments to modernize their systems to deliver better services in an integrated fashion with better efficiencies, while reducing their overall costs. Imex Systems Inc.’s offerings are capable of achieving these goals, as it provides all the pre-built components required in building an effective e-government.
Read the full article here.