Singapore Information Technology Report Q3 2016

Date: July 6, 2016
Pages: 69
US$ 1,295.00
Report type: Strategic Report
Delivery: E-mail Delivery (PDF)
ID: SF52E89D141EN

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Includes 3 FREE quarterly updates

BMI View: Singapore is a high-value domestic market for IT products and solutions and a major producer of electronics, software and services. We believe its hub status will support growth in software and services spending and industry performance over the medium term, particularly for advanced solutions such as cloud computing and the Internet of Things, where Singapore's supportive policy environment, strong network infrastructure and high value enterprise mix are all positives. Meanwhile, domestic hardware spending faces the limits of device saturation, and the local industry will continue to be challenged by lowcost production centres in APAC. We expect total IT spending will increase at a CAGR of 3.4% over 2016-2020 to SGD8.8bn in the final year of our forecast.

Latest Updates & Industry Developments
  • Computer Hardware Sales: Forecast to increase from SGD2.6bn in 2016 to SGD2.6bn in 2020, a CAGR of 0.7%. High incomes and replacement spending make for a lucrative market in per capita terms, but retail PC market saturation and erosion of enterprise infrastructure spending due the shift to the cloud present downside.
  • Software Sales: Forecast to increase from SGD1.5bn in 2016 to SGD1.8bn in 2020, a CAGR of 4.1%. High-value enterprise, particularly the large financial sector, is a key source of demand for high value complex software solutions, and is expected to drive medium term growth.
  • IT Services Sales: Forecast to increase from SGD3.6bn in 2016 to SGD4.4bn in 2020, a CAGR of 4.9%. Traditional services sales to be flat, but cloud computing and Internet of Things more than offset core market maturity in our growth scenario.
BMI Industry View
Latest Updates & Industry Developments
Industry Forecast
Latest Updates
Structural Trends
  Table: Enterprise Trends - GVA By Vertical (Singapore 2015-2020)
  Table: IT Industry - Historical Data And Forecasts (Singapore 2013-2020)
Industry Risk Reward Index
  Table: Asia Pacific IT Risk/Reward Index, Q3 2016
Market Overview
Recent Developments
Cloud Computing
Industry Trends And Developments
IT Hardware Trade
  Table: Developed APAC IT Hardware Trade, 2010-2015
  Table: Singapore IT Hardware Trade, 2010-2015
IT Industry Analysis
  Table: Singapore Electronics Industry Performance, 2010-2015
  Table: Singapore Software & Services Industry Performance, 2009-2014
Regulatory Development
  Table: Government Authority
Competitive Landscape
  Table: Selected Electronics Retailers
  Table: Selected E-Commerce Retailers
IT Vendors
  Table: SAP
  Table: Flextronics
  Table: HollySys Automation Technologies
  Table: JS Infotech
  Table: Venture Corporation
Regional Overview
Demographic Forecast
Demographic Outlook
  Table: Population Headline Indicators (Singapore 1990-2025)
  Table: Key Population Ratios (Singapore 1990-2025)
  Table: Urban/Rural Population & Life Expectancy (Singapore 1990-2025)
  Table: Population By Age Group (Singapore 1990-2025)
  Table: Population By Age Group % (Singapore 1990-2025)
Industry Forecast Methodology
Risk/Reward Index Methodology
  Table: IT Risk/Reward Index Indicators
  Table: Weighting Of Components
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