ICT investment trends in Singapore; Enterprise ICT spending patterns through to the end of 2017

Publisher Name :
Date: 31-Aug-2016
No. of pages: 32
Inquire Before Buying


With the restructuring and stabilization of the Singaporean economy, productivity and efficiency has increased considerably in the country. This is in line with Kable's survey, which illustrates that Singaporean enterprises are keen to invest in various forms of technology over the next two years. Singapore has a trade-oriented market economy, which has consistently benefitted from the inward flow of FDI from global investors and institutions.

Key Findings

  • According to Kable's survey, Singaporean enterprises are planning to focus on security products, internet of things (IoT) applications, cloud computing, and network services

  • Additionally, enterprises in Singapore are focusing on investing in the core ICT domains of hardware, software, IT services, and telecommunications to improve their overall efficiency

  • The survey further reveals that Singaporean enterprises are continuously making significant investments in enterprise applications and data centers, while network services are also set to gain momentum in 2016.


ICT investment trends in Singapore presents the findings from a survey of 45 Singaporean enterprises regarding their Information and Communications Technology (ICT) investment trends. The survey investigates how Singaporean enterprises currently allocate their ICT budgets across the core areas of enterprise ICT expenditure: hardware, software, IT services, communications, and consulting. The report illustrates the core technologies that enterprises are investing in, including security products, IoT, cloud computing, and network services. The survey also highlights the approach to purchasing technology adopted by enterprises in Singapore. Through Kable's survey, the report aims to provide a better insight to ICT vendors and service providers when pitching their solutions to enterprises in Singapore.

In particular, it provides an in-depth analysis of the following:

  • How ICT budgets are set to change in 2016 in terms of their overall size

  • Allocation across the core elements of IT spend, including hardware, software, services, communications, and consulting

  • Distribution of ICT SGD in areas such as the networks, applications, service desk, and data centers

  • Which ICT functions Singaporean enterprises are interested in outsourcing

  • Singaporean enterprises' investment priorities based on their budget allocations across core technology categories such as security products, IoT, cloud computing, and network services

  • Factors that are influencing Singaporean enterprises' investments in each technology category

  • How Singaporean enterprises' IT budgets are currently allocated across various segments within a technology category

  • Singaporean enterprises' distribution of their ICT budget across various segments within a technology category

  • Vendor satisfaction ratings for various core and advanced technology categories

  • Insight into Singaporean enterprises' preferred buying approaches

  • Business objectives that Singaporean enterprises are looking to achieve through their IT investment strategies

  • Factors that are influencing Singaporean enterprises' decisions to select an ICT provider

Reasons To Buy

  • Understand how the Singaporean enterprises' ICT landscape is set to change in 2016 to prioritize your target market

  • Comprehend how ICT SGD are being allocated by Singaporean enterprises in specific geographies and size bands to improve your market penetration

  • Make effective business decisions by recognizing the opportunities within each of the core areas of ICT spend (hardware, software, IT services, telecommunications, and consulting)

  • Realign your sales initiatives by understanding the current strategic objectives of Singaporean enterprises

  • Enhance your market segmentation with the included, detailed breakdown of opportunities within selected technology categories (security products, IoT, cloud computing, and network services)

  • Prioritize your focus areas by understanding which factors are influencing Singaporean enterprises' decisions when selecting an ICT provider

  • Understand the changes in customers' priorities and identify the business and objectives that Singaporean enterprises are looking to achieve through their ICT investment strategies

Companies Mentioned

  • IBM

  • CA Technologies

  • Microsoft

  • HP

  • McAfee

  • Cisco

  • ATandT

  • Dell

  • Dimension Data

  • Google

  • SingTel

  • Fortinet

ICT investment trends in Singapore; Enterprise ICT spending patterns through to the end of 2017

Table of Contents

1 Trends in ICT budgets
1.1 Introduction
1.2 Survey demographics
1.3 ICT budget changes
1.4 ICT budget allocation by core technology area
1.4.1 Hardware budget breakdown
1.4.2 Software budget breakdowns
1.4.3 Third party IT services expenditure
1.4.4 Communications expenditure
1.4.5 Cloud computing budget
1.5 ICT budget allocation by function
1.6 Outsourced IT functions

2 ICT investment priorities and vendor satisfaction
2.1 Introduction
2.1.1 Security products
2.1.2 Internet of things (IoT)
2.1.3 Cloud computing
2.1.4 Network services

3 ICT procurement trends
3.1 Introduction
3.2 Business objectives influencing IT investment strategy
3.3 ICT provider selection
3.4 Key decision maker for purchasing technology

4 Summary.
4.1 Tech-savvy Singaporean enterprises are investing in various ICT domains in 2016 to achieve competitiveness

5 Appendix
5.1 Definitions
5.2 Further reading
5.3 Contact the authors

List of Figures

Figure 1: Singaporean enterprise ICT survey industry breakdown
Figure 2: Singaporean enterprise ICT survey breakdown by size band (number of employees)
Figure 3: Recent and expected ICT budget changes among Singaporean enterprises
Figure 4: Singaporean enterprises' (external) ICT budget allocation, 2015 and 2016
Figure 5: Singaporean enterprises' average hardware budget allocation
Figure 6: Average allocation of software budgets in Singaporean enterprise market
Figure 7: Singaporean enterprises' average IT services budget allocation
Figure 8: Singaporean enterprises' average communications expenditure
Figure 9: Singaporean enterprises' average cloud computing budget allocation by technology
Figure 10: Singaporean enterprises' average cloud computing budget allocation by implementation type
Figure 11: Singaporean enterprises' ICT budget allocation by function, 2015 and 2016
Figure 12: Outsourced IT functions - Singaporean enterprises' current and future outsourcing priorities
Figure 13: Security products - Singaporean enterprises' current and future investment priorities
Figure 14: Security products - selected primary provider and vendor satisfaction among Singaporean enterprises
Figure 15: IoT - Singaporean enterprises' current and future investment priorities
Figure 16: IoT - selected primary provider and vendor satisfaction among Singaporean enterprises
Figure 17: Cloud computing - Singaporean enterprises' current and future investment priorities
Figure 18: Cloud computing - selected primary provider and vendor satisfaction among Singaporean enterprises
Figure 19: Network services - Singaporean enterprises' current and future investment priorities
Figure 20: Network services - selected primary provider and vendor satisfaction among Singaporean enterprises
Figure 21: Business objectives which influence Singaporean enterprises' IT investment strategy
Figure 22: Factors influencing Singaporean enterprises' decision to choose an ICT provider
Figure 23: Role of key entities in making ICT purchasing decisions

  • Increasing New Outlets And Striking Offers To Drive Global Pizza Market
    The global pizza market is predicted to grow at a steady CAGR of about 3% by 2020. Pizza has been gaining massive acceptance globally in the last few years. Consequently, the global pizza market is anticipated to observer considerable progress in the coming years. The growing number of pizzerias is one of the major elements [...]
  • Healthy Diet Demand In Developed Economies To Boost Nutraceuticals
    As customers scuffle to keep up with the frantic lifestyles, the necessity for healthy nutrition rises owing to dearth of time to spend on laborious exercises.  Customers are shifting their attention to swift and healthy food behaviours. Increase in intake of beverages and functional food has offered makers of nutraceuticals with money-spinning prospects to benefit [...]
  • World Economic Forum Unveils Top 10 Emerging Technologies of 2016
    The World Economic Forum (WEF) and Scientific American lately unveiled the major technological innovation list of the top ten emerging technologies of 2016. This list emphasizes on the technological developments which have the supremacy to transform industries, protect the planet, and improve lives. It also presents an opening to discuss any societal, human, economic or [...]
  • Siemens Adds To the Growth of Wind Power Generation Market
    Siemens has been presenting ground-breaking strategies and pioneering solutions for energy generation for an intelligent power supply globally. With an expansive portfolio and wide-ranging proficiency in wind power generation, Siemens is likely to aid in increasing the share of wind power in the US energy mix. With New Mexico’s vicinity to significant wind energy areas, [...]
  • Global Public Safety LTE Ecosystem Overview
    In view of its flourishing ecosystem, spectrum flexibility and performance metrics, LTE has emerged as the leading candidate for public safety mobile broadband networks. Public safety organizations and establishments have already begun planning to advance their networks to LTE-based public safety solutions. LTE provisions a varied range of services, from high bandwidth data services to [...]
  • India Information Technology Report Q4 2016
    Published: 19-Oct-2016        Price: US 1295 Onwards        Pages: 73
    BMI View: We have a bullish outlook for India's IT market over the medium term based on a combination of a strong economic growth forecast - particularly in terms of rising household incomes - and the low penetration rates for devices and solutions. The retail hardware market will deepen markedly, driving PC volume growth, while also indirectly supporting enterprise investment in software and services. We forecast IT spending CAGR of 11.1% over 2016-2020 to almost INR3.6t......
  • Russia Information Technology Report Q4 2016
    Published: 19-Oct-2016        Price: US 1295 Onwards        Pages: 70
    BMI View: The IT market recovered from lows in H116, following its plunge in US dollar terms in 2016After IT market plunged in US dollar terms in 2015. However, the medium term outlook for growth is modest and we do not envisage a sustained acceleration in spending growth. The subdued economic outlook is one factor, and the weaker rouble could have a long term impact by promoting more cost-competitive domestic software and services solutions. There is also substantial unc......
  • Global Smart Infrastructure - A Smart Approach to Smart Cities in 2016
    Published: 11-Oct-2016        Price: US 1200 Onwards        Pages: 191
    Overview The power of the cities is increasing and it is becoming possible to gather much broader support for ‘national’ interest projects in relation to digital infrastructure, sustainability and smart city platforms. What however, is often still missing is a holistic approach towards the development of smart cities; this needs to be led from the top and to be supported by a ‘smart council’. A major stumbling block towards the development of a......
  • Blockchain Technology Market by Provider, Application (Payments, Exchanges, Smart Contracts, Documentation, Digital Identity, Clearing and Settlement), Organization Size, Vertical, and Region - Global Forecast to 2021
    Published: 11-Oct-2016        Price: US 5650 Onwards        Pages: 153
    “Need for transparency and immutability is driving the growth of the blockchain technology market” MarketsandMarkets estimates the global blockchain technology market to grow from USD 210.2 million in 2016 to USD 2,312.5 million by 2021, at a Compound Annual Growth Rate (CAGR) of 61.5%. The blockchain technology market is growing rapidly as the organizations are more focused on transparency & immutability, and scalability. However, factors such as lack......
  • Ghana, Kenya & Nigeria Information Technology Report Q4 2016
    Published: 05-Oct-2016        Price: US 1295 Onwards        Pages: 123
    BMI View: The IT markets in Ghana, Kenya and Nigeria all contracted sharply in 2014 and 2015 as a depression in the commodities complex hurt economic performance and resulted in steep currency depreciation against the US dollar that eroded already weak purchasing power. This was due to a reevaluation of previous optimism regarding their economic growth trajectory and IT markets, as a lack of structural and institutional strength was laid bare. The fortunes of the thre......
  • Saudi Arabia Information Technology Report Q4 2016
    Published: 05-Oct-2016        Price: US 1295 Onwards        Pages: 73
    BMI View: Uncertainty surrounds Saudi Arabia's economic and IT market outlook in a lower oil price environment after there were steep declines in the oil price since 2014. The core scenario is for a stabilisation in oil prices, and economic performance, that will support an IT spending CAGR of 2.8% over 2016-2020. The hardware segment has the weakest outlook where PC saturation and the threat of cannibalisation by smartphones are negatives - so it will be software and......
  • Global Phone-based Authentication Market 2016-2020
    Published: 03-Oct-2016        Price: US 2500 Onwards        Pages: 57
    About Global Phone-Based Authentication Market The global phone-based authentication market is expected to grow during the forecast period because of the increasing global penetration of mobile phones and smart devices. Companies are replacing traditional token-based authentication with phone-based authentication techniques, which is driving the growth of the market. This analyst forecast the global phone-based authentication market to grow at a CAGR of 49.40% during the period 201......
  • ICT investment trends in Indonesia; Enterprise ICT spending patterns through to the end of 2017
    Published: 30-Sep-2016        Price: US 2995 Onwards        Pages: 32
    Summary Like many emerging market economies, Indonesia is facing considerable pressure from the current shifts in the global economy. This, in turn, has been impeding growth in recent years, contributing to considerable risks and vulnerabilities. However, foreign investors' appetite for emerging markets has made the region more favorable in recent times. As a result, enterprises are investing eagerly in various ICT domains. Key Findings ......
  • ICT investment trends in Mexico; Enterprise ICT spending patterns through to the end of 2017
    Published: 30-Sep-2016        Price: US 2995 Onwards        Pages: 32
    Summary Low commodity prices, plunging currencies, and stock market sell-offs across emerging markets have hit Latin America particularly hard this year. However, despite these forewarnings of economic stress, Mexico's economy is growing, with the country becoming one of the fastest growing technology hubs in the Latin American region, thereby making it a strategic destination for foreign investments. Key Findings Kable's survey......
    Value for Money
    We believe in "optimum utilization of available budget and resources". While servicing our clients' (your) market research requirements, we keep the same approach in focus to help you get the best value for your $$s.
    Ever Growing Inventory
    Ranging from the smallest feasible / required data (datasheets, data facts, SWOT analysis, company profiles, etc) to full research reports that help you make decisions, our inventory is updated almost on a daily basis with the latest industry reports from domain experts that track more than 5000 niche sectors.
    One Stop Solution
    Need a custom research report on medical devices market? Require all available business intelligence on 3D printing industry? Exploring F&B sector of a particular country/region? RnRMarketResearch.com is your one-stop-solution to all market intelligence needs. We not only offer custom research and consulting services, we also "bundle" reports to meet your needs and help you fetch the data analysis you require for your business.
    Dedicated Client Engagement
    Not limited to only "finding" relevant reports for you, our client engagement team dedicates its efforts to understand your "business need" and accordingly maps available research data to help you move forward. Call "your" client engagement executive any time of your day and get your questions answered in order to make the correct business decision.
    Saving Time and Efforts
    Simply share your research requirement details with us and let us do all the hard work to find required intelligence for you. When you add up our "one stop solution" and "dedicated client engagement" services mentioned above, you obviously know the time and effort saving you do by working with us.
    Payment Flexibility
    Working with Fortune 500 organizations, we understand the importance of being flexible for payments. Share your payment terms with us and we will surely match up to them to ensure you get access to required business intelligence data without having to wait for the payment to be done.
    Post-Purchase Research Support
    Have questions after reading a report / datasheet bought through us? Not sure about the methodology used for data available in the research? Talk to us / Share your questions with us and if required, we will connect you with the analyst(s)/author(s) of the report(s) and ensure you get satisfactory answers for the same. Need more data / analysis / report(s) on the topic of your research/project? The RnRMarketResearch.com team is here for you 24X7 to support you with your post-purchase requirements. Subscription Offers & Packages (Get in touch with us for more details - sales@rnrmarketresearch.com / +1 888 391 5441 )
    • Ad Hoc
    • Pay - as - you - go / Bucket Subscriptions
    • Fixed Cost for #of reports
    • Customize / Personalize as per your needs