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Singapore Information Technology Report - 2025

Guardat en:
Publicat a:Fitch Solutions Country Industry Reports (2025), p. 1
Publicat:
Fitch Solutions Group Limited
Matèries:
Singapore
Information technology
Statistical data
SWOT analysis
Industrywide conditions
Market analysis
Industry analysis
Business forecasts
Computer service industry
Computer industry
Software industry
Accés en línia:Citation/Abstract
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Resum:The IT market in Singapore is forecast to decelerate slightly in 2025 as economic growth weakens, but there are positive IT market fundamentals that will sustain a relatively strong growth trend in 2025 and over the medium term to 2028. Singapore is the leading regional hub for cloud services and is expected to be at the forefront of AI innovation and adoption. There is also upside potential if AI innovation enables more ambitious digital transformation strategies across the economy by lower costs for digital projects. Singapore's open economy is exposed to global risks, but we expect that the IT market will prove relatively resilient in most scenarios because of the high strategic value of cloud and AI investment.
ISSN:1750-5143
Font:ABI/INFORM Trade & Industry