Public Sector

North America (NAFTA) Government Spending Market Summary, Competitive Analysis and Forecast to 2027

North America (NAFTA) Government Spending Market Summary, Competitive Analysis and Forecast to 2027

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North America (NAFTA) Government Spending Market Summary, Competitive Analysis and Forecast to 2027
Summary

The NAFTA Government Spending industry profile provides top-line qualitative and quantitative summary information including: sector size (value 2018-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the sector.

Key HighlightsThe North American Free Trade Agreement (NAFTA) is a trade agreement between the countries in North America: the US, Canada and Mexico. The government spendings industry within the NAFTA countries had a total market value of $9,749.1 billion in 2022.The Mexico was the fastest growing country, with a CAGR of 9.7% over the 2018-22 period.Within the government spendings industry, the US is the leading country among the NAFTA bloc, with market revenues of $9,032.0 billion in 2022. This was followed by Mexico and Canada, with a value of $428.0 and $289.0 billion, respectively.The US is expected to lead the government spendings industry in the NAFTA bloc, with a value of $10,589.3 billion in 2027, followed by Mexico and Canada with expected values of $625.9 and $315.8 billion, respectively.ScopeSave time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the NAFTA government spending sectorUse the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the NAFTA government spending sectorLeading company profiles reveal details of key government spending sector players’ NAFTA operations and financial performanceAdd weight to presentations and pitches by understanding the future growth prospects of the NAFTA government spending sector with five year forecastsCompares data from the US, Canada and Mexico, alongside individual chapters on each countryReasons to BuyWhat was the size of the NAFTA government spending sector by value in 2022?What will be the size of the NAFTA government spending sector in 2027?What factors are affecting the strength of competition in the NAFTA government spending sector?How has the sector performed over the last five years?What are the main segments that make up the NAFTA government spending sector?

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