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

  • Global Luxury Apparels Market To Do Well Owing To Numerous International Brands
    The global luxury apparels market is fired by the intensifying number of fashion marques and many designers getting wide-ranging clienteles in the form of cost-effective products. The global luxury apparels market was at US$1, 8842.69 million in 2015 and is forecast to reach US$60,793.7 million by the end of 2024. This segment of luxury goods [...]
  • Global Health and Wellness Market Boosted By Organic Products and Wearables
    Healthcare has constantly been a profitable area where buyers spend belligerently. But now, with increasing disposable earnings amid the city population and ground-breaking approaches and innovative products being developed, the overall health and wellness market is estimated for a healthy prospect. The health and wellness market is presently very dynamic owing to growing alertness amongst [...]
  • 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 [...]
  • Global Digital Scent Technology Market by Manufacturers, Regions, Type and Application, Forecast to 2021
    Published: 30-Nov-2016        Price: US 3480 Onwards        Pages: 114
    Digital scent technology is the engineering discipline dealing with olfactory representation. It is a technology to sense, transmit and receive scent-enabled digital media. For example, the addition of such equipment in the cinema for example, the device lets viewers watch a movie and feel the flavor, brings a richer viewing experience.Research and development has been given over the past decades, and the work principle and application means of digital scent technology have been developed vas......
  • Global Connected Mining Market 2016-2020
    Published: 24-Nov-2016        Price: US 2500 Onwards        Pages: 67
    Connected mining refers to the use of technology to achieve better productivity and safety, as well as reduce operational costs for a mine site. Mining companies focus on improving the productivity by offering innovative solutions. Connected mining includes remote-controlled robotic machinery for mineral extraction, which is referred to as tele-robotic mining and reduces the risk for miners. For instance, Caterpillar uses robots at Gabriela Mistral mine in Antofagasta, Chile to enhance the ef......
  • Australia Information Technology Report Q1 2017
    Published: 23-Nov-2016        Price: US 1295 Onwards        Pages: 64
    BMI View: Australia has a high value hardware segment, particularly for PCs where the high incomes of local consumers support demand for premium products, but high penetration of PCs means that growth potential is limited. Meanwhile, the enterprise market trails less commodity based developed economies in terms of IT spending as a share of revenue, but this picture should improve with the adoption of Internet of Things solutions by extractive industries, as well as there ......
  • Canada Information Technology Report Q1 2017
    Published: 23-Nov-2016        Price: US 1295 Onwards        Pages: 68
    BMI View: Canada is an advanced and high-value IT market, both in terms of spending by households and enterprises and the ecosystem of local vendors. This will make it a strong market for the adoption of the latest software and services solutions around cloud computing and the Internet of Things. The hardware outlook is, however, subdued due to PC saturation but it will continue to be lucrative with high device prices and growth potential in hybrid notebooks. Latest......
  • Philippines Information Technology Report Q1 2017
    Published: 23-Nov-2016        Price: US 1295 Onwards        Pages: 70
    BMI View: The strong economic growth outlook for the Philippines, along with relatively low penetration of devices and solutions, means we envisage a period of strong IT spending growth over the medium term. The software and services outlook is especially strong based on investments by enterprises that are looking to expand and modernise, but there is a weaker hardware outlook due to a squeeze on retail PC demand from the increasing number of Filipinos that are becoming a......
  • Sweden Information Technology Report Q1 2017
    Published: 23-Nov-2016        Price: US 1295 Onwards        Pages: 71
    BMI View: Sweden is an advanced IT market with a premium-oriented PC market and high-value enterprise mix where technology-intensive verticals are a large part of the national economy. The maturity of the hardware market means growth will be subdued but for software and services there are new technologies - primarily around cloud computing and the Internet of Things - that will attract investment from important verticals. This will sustain the IT market as a whole at a sp......
  • IT Industry Business Outlook and Procurement Report November 2016-April 2017
    Published: 23-Nov-2016        Price: US 1950 Onwards        Pages: 45
    Summary Mergers and acquisitions are expected to increase within the IT industry over the next six months (November 2016-April 2017) as a result of rising competition, increased demand for IoT, and addition of new product lines. Even though market uncertainty, rising competition, and retention and recruitment of skilled staff have been highlighted as major business concerns for the global IT industry over the next six months, respondents are willing to increase their ......
  • Outage Management System Market by Type (Integrated and Standalone OMS), Component (Software and Communication System), End User (Public and Private Utilities), and Region - Global Forecasts to 2021
    Published: 22-Nov-2016        Price: US 5650 Onwards        Pages: 141
    “The outage management system market is projected to grow at a CAGR of 18.4% from 2016 to 2021” The outage management system market is projected to reach USD 1,148.6 million by 2021, growing at a CAGR of 18.4% from 2016 to 2021. Outage management systems are usedin the power distribution sector. Increasing grid reliability and government initiatives toward smart grid deployments in North America and Asia-Pacific are expected to drive the outage management......
  • France Information Technology Report Q1 2017
    Published: 16-Nov-2016        Price: US 1295 Onwards        Pages: 75
    BMI View: France is a lucrative and highly developed IT market but one with limited growth potential as a result of a combination of maturity and a sluggish economic outlook. We forecast total IT spending will increase at a CAGR of 2.5% over 2016-2020, but also highlight elevated risks both to the upside and downside in the wake of Brexit. The potential for a 'hard' Brexit increased in H216, which could destabilise France's fragile economic recovery but there could also b......
    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