Government Spending in Singapore - Market Summary, Competitive Analysis and Forecast to 2025

July 2021 | 35 pages | ID: G93543883B64EN
MarketLine

Abstracts

Government Spending in Singapore - Market @Summary, Competitive Analysis and Forecast to 2025

SUMMARY

Government Spending in Singapore industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2016-20, and forecast to 2025). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

KEY HIGHLIGHTS

• The government spending sector is the total amount of public sector expenditure at any sort of level, including central government, local government etc. It is split into the following segments: defense, education, social protection, healthcare, and other.
• The Singaporean government spending sector had total revenues of $68.2bn in 2020, representing a compound annual growth rate (CAGR) of 7.3% between 2016 and 2020.
• The healthcare segment was the sector's most lucrative in 2020, with total revenues of $12.1bn, equivalent to 17.7% of the sector's overall value.
• The significant boom in growth in the Singaporean government spending sector in 2020 can be attributed to increased expenditure in to support the economy and Singaporean citizens during the COVID-19 pandemic, as well as greater spending in technology and digital innovation solutions.

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 by both value and volume

REASONS TO BUY

• What was the size of the Singapore government spending market by value in 2020?
• What will be the size of the Singapore government spending market in 2025?
• 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 leading players follow?
7.3. Have there been any major contracts signed recently?

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

12. LIST OF TABLES

Table 1: Singapore government spending sector value: $ billion, 2016-20
Table 2: Singapore government spending sector category segmentation: $ billion, 2020
Table 3: Singapore government spending sector geography segmentation: $ billion, 2020
Table 4: Singapore government spending sector value forecast: $ billion, 2020-25
Table 5: Singapore Technologies Engineering Ltd: key facts
Table 6: Singapore Technologies Engineering Ltd: Annual Financial Ratios
Table 7: Singapore Technologies Engineering Ltd: Key Employees
Table 8: Hyundai Engineering & Construction Co Ltd: key facts
Table 9: Hyundai Engineering & Construction Co Ltd: Annual Financial Ratios
Table 10: Hyundai Engineering & Construction Co Ltd: Key Employees
Table 11: SMRT Corp Ltd: key facts
Table 12: SMRT Corp Ltd: Key Employees
Table 13: SMRT Corp Ltd: Key Employees Continued
Table 14: Public Utilities Board: key facts
Table 15: Public Utilities Board: Key Employees
Table 16: Singapore size of population (million), 2016-20
Table 17: Singapore gdp (constant 2005 prices, $ billion), 2016-20
Table 18: Singapore gdp (current prices, $ billion), 2016-20
Table 19: Singapore inflation, 2016-20
Table 20: Singapore consumer price index (absolute), 2016-20
Table 21: Singapore exchange rate, 2016-20

12. LIST OF FIGURES

Figure 1: Singapore government spending sector value: $ billion, 2016-20
Figure 2: Singapore government spending sector category segmentation: % share, by value, 2020
Figure 3: Singapore government spending sector geography segmentation: % share, by value, 2020
Figure 4: Singapore government spending sector value forecast: $ billion, 2020-25
Figure 5: Forces driving competition in the government spending sector in Singapore, 2020
Figure 6: Drivers of buyer power in the government spending sector in Singapore, 2020
Figure 7: Drivers of supplier power in the government spending sector in Singapore, 2020
Figure 8: Factors influencing the likelihood of new entrants in the government spending sector in Singapore, 2020
Figure 9: Factors influencing the threat of substitutes in the government spending sector in Singapore, 2020
Figure 10: Drivers of degree of rivalry in the government spending sector in Singapore, 2020