In times of economic uncertainty, it’s important to future-proof your business development strategy by developing a deep understanding of how the state, local and education (SLED) market is performing and where it’s headed. GovWin’s exclusive 2023 SLED Government Forecast - now in its 7th annual edition - includes commentary on the future of the market in the context of current economic conditions and shares outlooks for each of our 12 primary industries.
This free report provides a two-year annual forecast for 2023-24 of new bids and RFPs issued for the overall SLED market and each of our 12 industries along with historical data, reviews of recent trends, insights on key drivers moving each industry forward and profiles of demand by level of government.
By 2024, the overall volume of bids & RFPs published by SLED governments is projected to return to the pre-pandemic normals of 2019.
After back-to-back years of strong recovery, bids and RFPs should stabilize and resume historical growth rates of over 1% per year by 2024.
Nine of our 12 primary industry segments are expected to meet or surpass pre-pandemic bid and RFP volumes by 2024.