PIE: value of European GovTech market to increase three-fold by 2025

The value of the European GovTech market, i.e. the market for innovative solutions for public administration, will experience a three-fold increase by 2025, according to a report by the Polish Economic Institute (PIE). As emphasized by the authors of the report, titled “GovTech, or new technologies in the public sector,” the global market for modern technological solutions for administration is worth nearly USD 400 billion.

(PAP)