Singapore Internet of Things (IoT) Market By Platform (Network Management, Application Management and Device Management), By Component (Hardware, Software and Services), By Application, Competition Forecast & Opportunities, 2013 – 2023
According to “Singapore Internet of Things (IoT) Market By Platform, By Component (Hardware, Software and Services), By Application, Competition Forecast & Opportunities, 2013 – 2023” Internet of Things (IoT) market is projected to grow at a CAGR of more than 20% during 2018-2023 through 2023 forecast period. Robust growth in the market is anticipated predominantly on account of the major government initiative, Smart Nation Project, under which the government would increase its focus and investments across five shortlisted domains, namely, smart mobility, smart building and environment, smart industry, smart health and smart governance. Rising demand for big data analytics and cloud services, in addition to increasing demand for machine intelligence, growing shift towards smart manufacturing and surging adoption of various wearable technology applications, is expected to fuel the Internet of Things market in Singapore over the coming years. Some of the major players operating in Singapore IoT market are IBM Singapore Pte. Ltd., Intel Technology Asia Pte Ltd, Cisco Systems Singapore, Singapore Telecommunications Limited, StarHub Ltd, Tata Communications International Pte. Limited, General Electric Singapore, DXC Technology Singapore Pte. Ltd., M1 Ltd, UnaBiz, etc. “Singapore Internet of Things (IoT) Market By Platform, By Component (Hardware, Software and Services), By Application, Competition Forecast & Opportunities, 2013 – 2023” discusses the following aspects of IoT in Singapore:
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