Government drives market demand, with government spending representing 91.4% of total demand in 2020. Department of Defense of USA is the largest company in the US, generating 10.9% of the industry’s total turnover in 2020. The industry is fragmented, with the top five companies generating 15.3% of total turnover in 2020. The total number of companies increases in 2020, to 3,605 units. The costs of the industry increase by 0.9% in 2020, largely driven by rising B2B costs. The industry’s profitability increases and stands at 12.3% of turnover in 2020, the 11th highest across the top 20 developed countries. With turnover of USD4.2 trillion, the US accounts for 94.3% of the North America total in 2020.
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This Euromonitor industrial report provides unique information on Public Administration, Defence and Social Security in the US: ISIC 75. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Public Administration, Defence and Social Security in the US: ISIC 75 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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