Price: $ 1295
BMI View: While Singapore has a well-developed IT market with high penetration of products and services, we expect it to exhibit relatively robust growth rates over the medium term. We forecast the IT market to reach a value of SGD8.453bn in 2013, and expand at a compound annual growth rate of 5.2% over 2013-2017. As in most developed markets globally, the retail hardware market in Singapore will be driven by tablet and hybrid/convertible sales over the medium term. However, it is in emerging technologies that Singapore will stand out as the government positions the country to become a hub in the rapidly growing Asia Pacific region for cloud, big data and analytics services. These will benefit from the reach, affordability and quality of telecoms infrastructure and the favourable policy environmen ...
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