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Industry Landscape
The U.S. federal government services industry is undergoing modernization, driven by initiatives to enhance efficiency, reduce costs, and improve technology adoption (e.g., cloud, AI). There's a strong focus on streamlined procurement, leveraging shared services, and supporting small businesses. Compliance and cybersecurity remain paramount concerns, shaping procurement and operational strategies across agencies.
Total Assets Under Management (AUM)
Total Federal Procurement Spending in United States
~Approximately 600 billion USD (FY 2023 estimated)
(3-5% (estimated)% CAGR)
- Increased focus on IT modernization and cybersecurity projects. - Continued investment in defense and infrastructure. - Emphasis on small business set-asides and socio-economic goals.
Total Addressable Market
600 billion USD
Market Growth Stage
Pace of Market Growth
Emerging Technologies
Artificial Intelligence (AI) for Procurement
AI will automate contract review, identify optimal suppliers, and predict procurement needs, leading to significant efficiency gains and cost reductions in federal acquisition.
Cloud Computing & FedRAMP Acceleration
The increased adoption of secure cloud platforms (FedRAMP) will enhance agility, scalability, and data accessibility for federal agencies, supporting IT modernization.
Cybersecurity Mesh Architecture (CSMA)
CSMA will provide a more distributed and adaptable approach to security, improving the protection of federal data and systems across a diverse IT landscape.
Impactful Policy Frameworks
Executive Order on Boosting Cybersecurity for Critical Infrastructure (2021)
Executive Order 14028, signed in May 2021, aims to improve the nation's cybersecurity and protect federal government networks by removing barriers to threat information sharing and modernizing cybersecurity approaches.
This policy mandates stricter cybersecurity requirements for GSA's IT offerings and services, influencing procurement priorities and contract terms.
Infrastructure Investment and Jobs Act (IIJA) (2021)
The IIJA, signed into law in November 2021, allocates significant funding for infrastructure projects, including broadband, transportation, and clean energy, which directly impacts GSA's real estate and facilities management.
The IIJA provides new funding streams and priorities for GSA's facilities management, design, and construction services, creating new contracting opportunities.
Federal Acquisition Regulation (FAR) Council Update on Small Business Contracting Goals (Ongoing)
The FAR Council continuously updates regulations to ensure federal agencies meet small business contracting goals, impacting GSA's role in facilitating small business engagement.
This policy strengthens the GSA's mandate to prioritize and expand opportunities for small businesses across its procurement vehicles and support programs.
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