Singapore Information Technology Q4 2019
Key View :
We expect there to be sustained growth in IT spending in Singapore over the medium term, 2019-2023, with thestrongest performance to be recorded in the cloud computing category where there is not only strong domestic demand growth,but Singapore also has an important role as a hub for South East Asia. The local IT industry also has an important role in hardwaresupply chains, such as semiconductors and servers/storage equipment, but this area is subject to more uncertainty because of theadjustment to production networks that is occurring as a result of the ongoing US-China trade dispute.
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