Report cover image

IT Services in Singapore

Publisher MarketLine
Published Oct 23, 2025
Length 54 Pages
SKU # MTLN20768234

Description

IT Services in Singapore

Summary

IT Services in Singapore industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights
  • IT services market involves the design, development, implementation, management, and support of information technology systems and applications for organizations. Market values include revenues generated from (a) signed deals that remain under contract and (b) new contracts signed within that calendar year.
  • The Singaporean IT services industry recorded revenues of $32.3 billion in 2024, representing a compound annual growth rate (CAGR) of 15.0% between 2019 and 2024.
  • The infrastructure services segment accounted for the industry's largest proportion in 2024, with total revenues of $21.8 billion, equivalent to 67.5% of the industry's overall value.
  • In 2024, the Singaporean IT services industry recorded an annual growth of 18.6%. The growth is attributed to the accelerating digital transformation among small and medium-sized enterprises (SMEs). According to the Department of Statistics Singapore, in 2024, the number of SMEs in Singapore reached 352.5 thousand.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the it services market in Singapore
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the it services market in Singapore
  • Leading company profiles reveal details of key it services market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the Singapore it services market with five year forecasts
Reasons to Buy
  • What was the size of the Singapore it services market by value in 2024?
  • What will be the size of the Singapore it services market in 2029?
  • What factors are affecting the strength of competition in the Singapore it services market?
  • How has the market performed over the last five years?
  • What are the main segments that make up Singapore's it services market?

Table of Contents

54 Pages
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 the leading players follow?
7.3. What have been the recent industry developments?
8 Company Profiles
8.1. Accenture Plc
8.2. International Business Machines Corp
8.3. Fujitsu Ltd
8.4. Tata Consultancy Services Ltd
8.5. Hewlett Packard Enterprise Co
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 IT services industry value: $ million, 2019-24
Table 2: Singapore IT services industry category segmentation: % share, by value, 2019-24
Table 3: Singapore IT services industry category segmentation: $ million, 2019-24
Table 4: Singapore IT services industry geography segmentation: $ million, 2024
Table 5: Singapore IT services industry value forecast: $ million, 2024-29
Table 6: Accenture Plc: Key Facts
Table 7: Accenture Plc: Annual Financial Ratios
Table 8: Accenture Plc: Key Employees
Table 9: Accenture Plc: Key Employees Continued
Table 10: Accenture Plc: Key Employees Continued
Table 11: Accenture Plc: Key Employees Continued
Table 12: International Business Machines Corp: Key Facts
Table 13: International Business Machines Corp: Annual Financial Ratios
Table 14: International Business Machines Corp: Key Employees
Table 15: International Business Machines Corp: Key Employees Continued
Table 16: Fujitsu Ltd: Key Facts
Table 17: Fujitsu Ltd: Annual Financial Ratios
Table 18: Fujitsu Ltd: Key Employees
Table 19: Fujitsu Ltd: Key Employees Continued
Table 20: Tata Consultancy Services Ltd: Key Facts
Table 21: Tata Consultancy Services Ltd: Annual Financial Ratios
Table 22: Tata Consultancy Services Ltd: Key Employees
Table 23: Tata Consultancy Services Ltd: Key Employees Continued
Table 24: Hewlett Packard Enterprise Co: Key Facts
Table 25: Hewlett Packard Enterprise Co: Annual Financial Ratios
Table 26: Hewlett Packard Enterprise Co: Key Employees
Table 27: Singapore Size of Population (Million), 2020-24
Table 28: Singapore Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 29: Singapore GDP (Current Prices, $ Billion), 2020-24
Table 30: Singapore Inflation, 2020-24
Table 31: Singapore Consumer Price Index (Absolute), 2020-24
Table 32: Singapore Exchange Rate, 2019-24
List of Figures
Figure 1: Singapore IT services industry value: $ million, 2019-24
Figure 2: Singapore IT services industry category segmentation: $ million, 2019-24
Figure 3: Singapore IT services industry geography segmentation: % share, by value, 2024
Figure 4: Singapore IT services industry value forecast: $ million, 2024-29
Figure 5: Forces driving competition in the IT services industry in Singapore, 2024
Figure 6: Drivers of buyer power in the IT services industry in Singapore, 2024
Figure 7: Drivers of supplier power in the IT services industry in Singapore, 2024
Figure 8: Factors influencing the likelihood of new entrants in the IT services industry in Singapore, 2024
Figure 9: Factors influencing the threat of substitutes in the IT services industry in Singapore, 2024
Figure 10: Drivers of degree of rivalry in the IT services industry in Singapore, 2024

Search Inside Report

Pricing

Currency Rates
How Do Licenses Work?

How Do Licenses Work?

The primary function of a report license is to define how many people within a company are authorized to use the purchased report. This is separate to how a report might be delivered. Unless specifically identified otherwise, the purchase option is Single User. Below is a helpful description of that license, along with a sampling of others most commonly offered.

  • This license allows only one user to have access to and to use/read the report. It is not one user at a time or one user group; it is an individual who will be reading and utilizing the report.

  • This license allows for the entire purchasing company to read and use the report. This is the license level that would allow for a report to be placed on an internal company shared drive for access by all employees of that direct company. This license does not extend to parent or sister company use.

  • This license is designed to allow an entire department within a company full access to a report. The departmental license is a great option for companies that have more than one location and the department is spread out all over the country/world

  • This license is for companies that have one location where they want the report to be accessible by all employees within that physical location.

  • This is the most flexible of the licensing options. Some publishers will allow you to get a license for a preset number of people (typically 5). These licenses are ideal for small work groups.

License options are at the discretion of each publisher. As such, not all licenses indicated above are available for every product. If you are uncertain of the best license for your needs or would like a license that is not proactively available, please contact us and we will be happy to assist.

Request A Sample
Head shot

Questions or Comments?

Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
Chat Now
Contact Us