Market Research Public Sector Government

Government Spending in Singapore - Market Summary, Competitive Analysis and Forecast to 2025

Lowest Prices Guaranteed Length Publisher Published Date SKU
from $350 35 Pages MarketLine July, 2021 MTLN16780187
Lowest Prices Guaranteed
Price from $350
Length 35 Pages
Publisher MarketLine
Published Date July, 2021
SKU MTLN16780187

Government Spending in Singapore - Market Summary, Competitive Analysis and Forecast to 2025

Summary

Government Spending in Singapore industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2016-20, and forecast to 2025). 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 revenues of $68.2bn in 2020, representing a compound annual growth rate (CAGR) of 7.3% between 2016 and 2020.
  • The healthcare segment was the sector's most lucrative in 2020, with total revenues of $12.1bn, equivalent to 17.7% of the sector's overall value.
  • The significant boom in growth in the Singaporean government spending sector in 2020 can be attributed to increased expenditure in to support the economy and Singaporean citizens during the COVID-19 pandemic, as well as greater spending in technology and digital innovation solutions.
    • Scope
    • Save time carrying out entry-level research by identifying the size, growth, 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 by both value and volume
    Reasons to Buy
    • What was the size of the Singapore government spending market by value in 2020?
    • What will be the size of the Singapore government spending market in 2025?
    • What factors are affecting the strength of competition in the Singapore government spending market?
    • How has the market performed over the last five years?
    • How large is Singapore’s government spending market in relation to its regional counterparts?


    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, 2016-20
    Table 2: Singapore government spending sector category segmentation: $ billion, 2020
    Table 3: Singapore government spending sector geography segmentation: $ billion, 2020
    Table 4: Singapore government spending sector value forecast: $ billion, 2020-25
    Table 5: Singapore Technologies Engineering Ltd: key facts
    Table 6: Singapore Technologies Engineering Ltd: Annual Financial Ratios
    Table 7: Singapore Technologies Engineering Ltd: Key Employees
    Table 8: Hyundai Engineering & Construction Co Ltd: key facts
    Table 9: Hyundai Engineering & Construction Co Ltd: Annual Financial Ratios
    Table 10: Hyundai Engineering & Construction Co Ltd: Key Employees
    Table 11: SMRT Corp Ltd: key facts
    Table 12: SMRT Corp Ltd: Key Employees
    Table 13: SMRT Corp Ltd: Key Employees Continued
    Table 14: Public Utilities Board: key facts
    Table 15: Public Utilities Board: Key Employees
    Table 16: Singapore size of population (million), 2016-20
    Table 17: Singapore gdp (constant 2005 prices, $ billion), 2016-20
    Table 18: Singapore gdp (current prices, $ billion), 2016-20
    Table 19: Singapore inflation, 2016-20
    Table 20: Singapore consumer price index (absolute), 2016-20
    Table 21: Singapore exchange rate, 2016-20
    List of Figures
    Figure 1: Singapore government spending sector value: $ billion, 2016-20
    Figure 2: Singapore government spending sector category segmentation: % share, by value, 2020
    Figure 3: Singapore government spending sector geography segmentation: % share, by value, 2020
    Figure 4: Singapore government spending sector value forecast: $ billion, 2020-25
    Figure 5: Forces driving competition in the government spending sector in Singapore, 2020
    Figure 6: Drivers of buyer power in the government spending sector in Singapore, 2020
    Figure 7: Drivers of supplier power in the government spending sector in Singapore, 2020
    Figure 8: Factors influencing the likelihood of new entrants in the government spending sector in Singapore, 2020
    Figure 9: Factors influencing the threat of substitutes in the government spending sector in Singapore, 2020
    Figure 10: Drivers of degree of rivalry in the government spending sector in Singapore, 2020

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