2023 SLED Government Contracting Forecast

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.

What's Inside: 

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.

“GovWin tracks spending levels and competitor information, in a very easy format, that frankly the competitors don't have.” - Christopher Hill, National Sales Manager of Government & Strategic Accounts, Parts Authority

Sample Key Findings:

SLED Market Projected to Fully Recover by 2024
By 2024, the overall volume of bids & RFPs published by SLED governments is projected to return to the pre-pandemic normals of 2019.

Return to Historical Bid & RFP Growth Rates
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.

Most Industries Will Return To Pre-Pandemic Normals By 2024
Nine of our 12 primary industry segments are expected to meet or surpass pre-pandemic bid and RFP volumes by 2024.

+7.4% Following the rise in bid volumes coming out of pandemic era drops, the SLED market will mostly recover with another +7.4% year-over-year increase by end of 2022.