Israel Software Tenders

Market size: Projected to reach US$6.81 billion in 2023, with an annual growth rate of 7.79% until 2028.
Key sectors: IT outsourcing, software development, cloud computing, cybersecurity.
Driving forces: Skilled workforce, government support, strong technological infrastructure.

Government Procurement: A Major Contributor
Government spending: A significant driver of the software services market.
Procurement value: Expected to reach US$1.2 billion in 2023, growing at 10.01% annually.
Focus areas: Cybersecurity, cloud services, big data analytics, digital transformation.

Procurement Products and Services
Cybersecurity solutions: Protecting government systems and data from cyberattacks.
Cloud services: Infrastructure, platform, and software as a service (IaaS, PaaS, SaaS).
Software development: Custom applications, enterprise resource planning (ERP), customer relationship management (CRM).
Big data analytics: Gaining insights from government data for informed decision-making.
Digital transformation: Modernizing government services and operations.

Top Authorities: Guiding the Way
Ministry of Finance: Oversees government IT budgets and procurement decisions.
Israel Innovation Authority: Supports innovative software development projects.
Government Procurement Administration: Manages government procurement processes.

Winners: Sharing the Success
Local companies: Leading the market with a strong presence and expertise.
Multinational corporations: Offering global reach and advanced technologies.
Startups: Bringing innovative solutions to the table.

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