Singapore Government Spending Market Summary, Competitive Analysis and Forecast to 2028

March 2024 | 40 pages | ID: S1FAA0EB3306EN
MarketLine

Abstracts

Singapore Government Spending Market Summary, Competitive Analysis and Forecast to 2028

Summary

Government Spending in Singapore industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

• Government spending refers to the money spent by the government of a country to provide goods and services to its citizens. It helps to drive economic growth, create employment opportunities, and improve the standard of living for its citizens.
• The Singaporean government spending market recorded revenues of $79.6 billion in 2023, representing a compound annual growth rate (CAGR) of 6.6% between 2018 and 2023.
• The healthcare segment accounted for the market's largest proportion in 2023, with total revenues of $12.9 billion, equivalent to 16.2% of the market's overall value.
• Singapore accounted for a 1.1% share of the total Asia-Pacific market in 2023.

Scope

• Save time carrying out entry-level research by identifying the size, growth, and leading players in the government spending market in Singapore
• Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the government spending market in Singapore
• Leading company profiles reveal details of key government spending market players’ global operations and financial performance
• Add weight to presentations and pitches by understanding the future growth prospects of the Singapore government spending market with five year forecasts

Reasons to Buy

• What was the size of the Singapore government spending market by value in 2023?
• What will be the size of the Singapore government spending market in 2028?
• What factors are affecting the strength of competition in the Singapore government spending market?
• How has the market performed over the last five years?
• How large is Singapore’s government spending market in relation to its regional counterparts?

Contents

1 EXECUTIVE SUMMARY

1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape

2 MARKET OVERVIEW

2.1. Market definition
2.2. Market analysis

3 MARKET DATA

3.1. Market value

4 MARKET SEGMENTATION

4.1. Category segmentation
4.2. Geography segmentation

5 MARKET OUTLOOK

5.1. Market value forecast

6 FIVE FORCES ANALYSIS

6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry

7 COMPETITIVE LANDSCAPE

7.1. Who are the leading players?
7.2. What strategies do the leading players follow?
7.3. What are the strengths of the leading players?
7.4. What have been the most recent developments in the market?

8 COMPANY PROFILES

8.1. Singapore Technologies Engineering Ltd
8.2. Hyundai Engineering & Construction Co Ltd
8.3. SMRT Corp Ltd
8.4. Public Utilities Board

9 MACROECONOMIC INDICATORS

9.1. Country data

10 APPENDIX

10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine

List Of Tables

LIST OF TABLES

Table 1: Singapore government spending sector value: $ billion, 2018-23
Table 2: Singapore government spending sector category segmentation: % share, by value, 2018-2023
Table 3: Singapore government spending sector category segmentation: $ billion, 2018-2023
Table 4: Singapore government spending sector geography segmentation: $ billion, 2023
Table 5: Singapore government spending sector value forecast: $ billion, 2023-28
Table 6: Singapore Technologies Engineering Ltd: key facts
Table 7: Singapore Technologies Engineering Ltd: Annual Financial Ratios
Table 8: Singapore Technologies Engineering Ltd: Key Employees
Table 9: Hyundai Engineering & Construction Co Ltd: key facts
Table 10: Hyundai Engineering & Construction Co Ltd: Annual Financial Ratios
Table 11: Hyundai Engineering & Construction Co Ltd: Key Employees
Table 12: SMRT Corp Ltd: key facts
Table 13: SMRT Corp Ltd: Key Employees
Table 14: SMRT Corp Ltd: Key Employees Continued
Table 15: Public Utilities Board: key facts
Table 16: Public Utilities Board: Key Employees
Table 17: Public Utilities Board: Key Employees Continued
Table 18: Singapore size of population (million), 2019-23
Table 19: Singapore gdp (constant 2005 prices, $ billion), 2019-23
Table 20: Singapore gdp (current prices, $ billion), 2019-23
Table 21: Singapore inflation, 2019-23
Table 22: Singapore consumer price index (absolute), 2019-23
Table 23: Singapore exchange rate, 2019-23

List Of Figures

LIST OF FIGURES

Figure 1: Singapore government spending sector value: $ billion, 2018-23
Figure 2: Singapore government spending sector category segmentation: $ billion, 2018-2023
Figure 3: Singapore government spending sector geography segmentation: % share, by value, 2023
Figure 4: Singapore government spending sector value forecast: $ billion, 2023-28
Figure 5: Forces driving competition in the government spending sector in Singapore, 2023
Figure 6: Drivers of buyer power in the government spending sector in Singapore, 2023
Figure 7: Drivers of supplier power in the government spending sector in Singapore, 2023
Figure 8: Factors influencing the likelihood of new entrants in the government spending sector in Singapore, 2023
Figure 9: Factors influencing the threat of substitutes in the government spending sector in Singapore, 2023
Figure 10: Drivers of degree of rivalry in the government spending sector in Singapore, 2023