Software in Singapore
SummarySoftware in Singapore industry profile provides top-line qualitative and quantitative summary information including: market size (value 2014-18, and forecast to 2023). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The software market is defined as revenues generated from both sales of, and subscriptions to, various software packages and offerings. The market includes both signed deals that remain under contract, and the annual revenues associated with new contracts signed, within a particular calendar year. This excludes sales opportunities for third-party services providers.
- The Singaporean software market had total revenues of $3.9bn in 2018, representing a compound annual growth rate (CAGR) of 11% between 2014 and 2018.
- The IT management segment was the market's most lucrative in 2018, with total revenues of $1.4bn, equivalent to 35.6% of the market's overall value.
- The Singaporean market has been particularly affected by difficulties in the enterprise applications segment, which declined at 8% over the last couple of years, having been impacted by shifting business models in favour of cloud delivery.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the software market in Singapore
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the software market in Singapore
- Leading company profiles reveal details of key software market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Singapore software market with five year forecasts
Reasons to buy
- What was the size of the Singapore software market by value in 2018?
- What will be the size of the Singapore software market in 2023?
- What factors are affecting the strength of competition in the Singapore software market?
- How has the market performed over the last five years?
- What are the main segments that make up Singapore's software market?
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