Singapore Government Spending Market Summary, Competitive Analysis and Forecast, 2017-2026
Summary
Government Spending in Singapore industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-21, and forecast to 2026). 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 expenditure of $73.2 billion in 2021, representing a compound annual growth rate (CAGR) of 7.5% between 2016 and 2021.
- The healthcare segment was the sector's most lucrative in 2021, with total expenditure of $13.7 billion, equivalent to 18.7% of the sector's overall value.
- The closure of businesses and industries under enforced lockdowns to control the spread of coronavirus spurred growth and efforts to revive the economy contributed to growth in the Singaporean government spending sector.
- Save time carrying out entry-level research by identifying the size, growth, major segments, 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
- What was the size of the Singapore government spending market by value in 2021?
- What will be the size of the Singapore government spending market in 2026?
- What factors are affecting the strength of competition in the Singapore government spending market?
- How has the market performed over the last five years?
- What are the main segments that make up Singapore's government spending market?
- 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
- List of Tables
- Table 1: Singapore government spending sector value: $ billion, 2016-21
- Table 2: Singapore government spending sector category segmentation: % share, by value, 2016-2021
- Table 3: Singapore government spending sector category segmentation: $ billion, 2016-2021
- Table 4: Singapore government spending sector geography segmentation: $ billion, 2021
- Table 5: Singapore government spending sector value forecast: $ billion, 2021-26
- Table 6: Singapore Technologies Engineering Ltd: key facts
- Table 7: Singapore Technologies Engineering Ltd: Annual Financial Ratios
- Table 8: Singapore Technologies Engineering Ltd: Key Employees
- Table 9: Hyundai Engineering & Construction Co Ltd: key facts
- Table 10: Hyundai Engineering & Construction Co Ltd: Annual Financial Ratios
- Table 11: Hyundai Engineering & Construction Co Ltd: Key Employees
- Table 12: SMRT Corp Ltd: key facts
- Table 13: SMRT Corp Ltd: Key Employees
- Table 14: SMRT Corp Ltd: Key Employees Continued
- Table 15: Public Utilities Board: key facts
- Table 16: Public Utilities Board: Key Employees
- Table 17: Singapore size of population (million), 2017-21
- Table 18: Singapore gdp (constant 2005 prices, $ billion), 2017-21
- Table 19: Singapore gdp (current prices, $ billion), 2017-21
- Table 20: Singapore inflation, 2017-21
- Table 21: Singapore consumer price index (absolute), 2017-21
- Table 22: Singapore exchange rate, 2017-21
- List of Figures
- Figure 1: Singapore government spending sector value: $ billion, 2016-21
- Figure 2: Singapore government spending sector category segmentation: $ billion, 2016-2021
- Figure 3: Singapore government spending sector geography segmentation: % share, by value, 2021
- Figure 4: Singapore government spending sector value forecast: $ billion, 2021-26
- Figure 5: Forces driving competition in the government spending sector in Singapore, 2021
- Figure 6: Drivers of buyer power in the government spending sector in Singapore, 2021
- Figure 7: Drivers of supplier power in the government spending sector in Singapore, 2021
- Figure 8: Factors influencing the likelihood of new entrants in the government spending sector in Singapore, 2021
- Figure 9: Factors influencing the threat of substitutes in the government spending sector in Singapore, 2021
- Figure 10: Drivers of degree of rivalry in the government spending sector in Singapore, 2021
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