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The municipal government industry is currently undergoing a digital transformation, leveraging technology to enhance transparency, streamline service delivery, and improve citizen engagement. There's a growing emphasis on online portals, digital payments, and accessible information to meet public demand for efficient and convenient interactions. This shift is driven by the need for cost-effectiveness and increased public participation.
Total Assets Under Management (AUM)
Total Local Government Spending in United States
~Approximately $2.2 trillion USD annually (2023 estimate)
(3-5% CAGR)
- Driven by infrastructure projects and public services.