Singapore Software Market Summary, Competitive Analysis and Forecast, 2017-2026
Summary
Software 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 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 $8.1 billion in 2021, representing a compound annual growth rate (CAGR) of 5.9% between 2016 and 2021.
- The business process applications segment was the market's most valuable in 2021, with total revenues of $2.7 billion, equivalent to 33.1% of the market's overall value.
- The COVID-19 crisis highlighted several examples of processes that can be digitized and virtualized which increased demand for software products.
- 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
- What was the size of the Singapore software market by value in 2021?
- What will be the size of the Singapore software market in 2026?
- 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?
- 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. 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?
- 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 MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: Singapore software market value: $ billion, 2017-21
- Table 2: Singapore software market category segmentation: $ billion, 2021
- Table 3: Singapore software market geography segmentation: $ billion, 2021
- Table 4: Singapore software market value forecast: $ billion, 2021-26
- 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: International Business Machines Corporation: Key Employees Continued
- Table 13: Infosys Limited: key facts
- Table 14: Infosys Limited: Annual Financial Ratios
- Table 15: Infosys Limited: Key Employees
- Table 16: Infosys Limited: Key Employees Continued
- Table 17: Microsoft Corporation: key facts
- Table 18: Microsoft Corporation: Annual Financial Ratios
- Table 19: Microsoft Corporation: Key Employees
- Table 20: Microsoft Corporation: Key Employees Continued
- Table 21: Singapore size of population (million), 2017-21
- Table 22: Singapore gdp (constant 2005 prices, $ billion), 2017-21
- Table 23: Singapore gdp (current prices, $ billion), 2017-21
- Table 24: Singapore inflation, 2017-21
- Table 25: Singapore consumer price index (absolute), 2017-21
- Table 26: Singapore exchange rate, 2017-21
- List of Figures
- Figure 1: Singapore software market value: $ billion, 2017-21
- Figure 2: Singapore software market category segmentation: % share, by value, 2021
- Figure 3: Singapore software market geography segmentation: % share, by value, 2021
- Figure 4: Singapore software market value forecast: $ billion, 2021-26
- Figure 5: Forces driving competition in the software market in Singapore, 2021
- Figure 6: Drivers of buyer power in the software market in Singapore, 2021
- Figure 7: Drivers of supplier power in the software market in Singapore, 2021
- Figure 8: Factors influencing the likelihood of new entrants in the software market in Singapore, 2021
- Figure 9: Factors influencing the threat of substitutes in the software market in Singapore, 2021
- Figure 10: Drivers of degree of rivalry in the software market in Singapore, 2021
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