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

  • ID: 5328566
  • Report
  • February 2021
  • Region: Singapore
  • 51 Pages
  • MarketLine
1h Free Analyst Time
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

FEATURED COMPANIES

  • Alphabet Inc
  • Infosys Limited
  • Microsoft Corporation
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

Software in Singapore industry profile provides top-line qualitative and quantitative summary information including: market size (value 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 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 $5.9bn in 2020, representing a compound annual growth rate (CAGR) of 1.7% between 2016 and 2020.
  • The business process applications segment was the market's most lucrative in 2020, with total revenues of $2.1bn, equivalent to 35.1% of the market's overall value.
  • In recent years, growth has been driven primarily by increased mobile and cloud computing usage among businesses and the population.

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 2020?
  • What will be the size of the Singapore software market in 2025?
  • 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?
Frequently Asked Questions about the Software Market in Singapore

What is the estimated value of the Software Market in Singapore?

The Software Market in Singapore was estimated to be valued at $5.9 Billion in 2020.

What is the growth rate of the Software Market in Singapore?

The growth rate of the Software Market in Singapore is 7.7%, with an estimated value of $8.5 Billion by 2025.

What is the forecasted size of the Software Market in Singapore?

The Software Market in Singapore is estimated to be worth $8.5 Billion by 2025.

Who are the key companies in the Software Market in Singapore?

Key companies in the Software Market in Singapore include Alphabet Inc, International Business Machines Corporation and Microsoft Corporation.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Alphabet Inc
  • Infosys Limited
  • Microsoft Corporation

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/weaknesses of leading players?
7.4. Have there been notable products launched in recent years?
7.5. What has been the rationale behind recent M&A activity and strategic partnerships?
7.6. How has the COVID-19 pandemic impacted leading players?
8 Company Profiles
8.1. Alphabet Inc
8.2. International Business Machines Corporation
8.3. Infosys Limited
8.4. Microsoft Corporation
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related research
10.4. About the Publisher
List of Tables
Table 1: Singapore software market value: $ billion, 2016-20
Table 2: Singapore software market category segmentation: $ billion, 2020
Table 3: Singapore software market geography segmentation: $ billion, 2020
Table 4: Singapore software market value forecast: $ billion, 2020-25
Table 5: Alphabet Inc: key facts
Table 6: Alphabet Inc: Annual Financial Ratios
Table 7: Alphabet Inc: Key Employees
Table 8: International Business Machines Corporation: key facts
Table 9: International Business Machines Corporation: Annual Financial Ratios
Table 10: International Business Machines Corporation: Key Employees
Table 11: International Business Machines Corporation: Key Employees Continued
Table 12: Infosys Limited: key facts
Table 13: Infosys Limited: Annual Financial Ratios
Table 14: Infosys Limited: Key Employees
Table 15: Infosys Limited: Key Employees Continued
Table 16: Microsoft Corporation: key facts
Table 17: Microsoft Corporation: Annual Financial Ratios
Table 18: Microsoft Corporation: Key Employees
Table 19: Microsoft Corporation: Key Employees Continued
Table 20: Singapore size of population (million), 2016-20
Table 21: Singapore GDP (constant 2005 prices, $ billion), 2016-20
Table 22: Singapore GDP (current prices, $ billion), 2016-20
Table 23: Singapore inflation, 2016-20
Table 24: Singapore consumer price index (absolute), 2016-20
Table 25: Singapore exchange rate, 2016-20
List of Figures
Figure 1: Singapore software market value: $ billion, 2016-20
Figure 2: Singapore software market category segmentation: % share, by value, 2020
Figure 3: Singapore software market geography segmentation: % share, by value, 2020
Figure 4: Singapore software market value forecast: $ billion, 2020-25
Figure 5: Forces driving competition in the software market in Singapore, 2020
Figure 6: Drivers of buyer power in the software market in Singapore, 2020
Figure 7: Drivers of supplier power in the software market in Singapore, 2020
Figure 8: Factors influencing the likelihood of new entrants in the software market in Singapore, 2020
Figure 9: Factors influencing the threat of substitutes in the software market in Singapore, 2020
Figure 10: Drivers of degree of rivalry in the software market in Singapore, 2020
Note: Product cover images may vary from those shown

A selection of companies mentioned in this report includes:

  • Alphabet Inc
  • International Business Machines Corporation
  • Infosys Limited
  • Microsoft Corporation
Note: Product cover images may vary from those shown