Explore Top eCommerce Companies in Singapore
Accubits Technologies is a full-service software provider enabling Governments, Fortune 1000 companies, and Tech startups to accelerate their business...
As one of the best blockchain development companies, SDNA Tech started the journey on a humble note with a few team members in 2010 in London; however...
Synodus is derived from “Synergy”. Let’s work together to achieve greater! Synodus is a pioneering software development company w...
Xminds has been providing top-tier app development services to both startups and major companies for several years, consistently adhering to the indus...
BrainCave Software is a leading Information Technology company. It was established in the year 2022 and has exponentially grown in the market today ha...
NXT Interactive Pte Ltd is a digital design firm specializing in the creation of interactive applications and metaverse platforms. Our main objective...
Octal IT Solution is an ISO 9001:2015 Certified Company and Appraised to CMMi Level-3, having its global presence in India, UK, USA, and Singapore. We...
Established in 2011, VeecoTech is an experienced web & IT company in Singapore. We are a multinational IT solution company, specialized in help...
A full-service software development company based in Singapore. We create user-centric digital solutions. Our Goal: Since the beginning, our prim...
Dev Technosys has earned the reputation of an award-winning mobile app development company. We have catered to the digital needs of our clients by new...
Creatella innovates at the edge between a startup incubator and a tech and marketing agency. Started in Singapore with European roots and remote colla...
You’re looking for a product innovation company. One that partners with you and connects the dots between emerging technologies to deliver delightful...
(The contact number that is displaying on this Clutch Profile is for Whatsapp Business) We started as a team of 5 young designers and programmers back...
Professional Soft-Tech is a web & mobile app development agency that provides end to end solutions to different companies across the globe. We ha...
For 15 years, we have released more than 300 projects, have united a team of like-minded people and professionals in their field. Service Offerings: P...
Our fast-paced and resourceful environment inspires a pool of coordinated and smart individuals who spend their days creating wonderful visuals, codin...
Supreme International Pte. Ltd. – we are an award-winning Software Development and website designing company based in Singapore. There’...
Kanso Code has been a trusted B2B scale-up with 43 MLN Revenue for B2B SaaS development and team augmentation, assisting companies in overcoming their...
Techtiq Solutions is a leading enterprise software development company in Singapore, offers top-notch IT development services to startups and enterpri...
Founded in Dec 2016, SEA is an one-stop IT solutions service provider that provides comprehensive business software solutions to business customers ar...
Greydient Lab is a design consultancy with a presence in Singapore, Thailand, and the Philippines. We focus on helping businesses of various industrie...
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Elementals Studio creates interactive 3D, Augmented, Mixed and Virtual reality experiences and applications for businesses from all over the world. He...
We deliver web and mobile app development services to global businesses since 2020, with 100% project delivery success. Hire the best programmers at a...
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The ICT Industry in Singapore: Latest Data and General Profile
The Singapore ICT sector is a key player in the entire economical system, as it interacts and enhances all other industries. The ICT industry transformed many other important sectors of the economy, like finance, services, and manufacturing, and made them even more competitive in the global market.
As an information and technology hub in the Asia Pacific, Singapore is a regional base for most of the world’s top IT multinationals including Microsoft, Oracle, Amazon Web Services, Google, as well as international technology startup companies.
According to a Global Economy report, the Singapore ICT market value in 2018 reached $687 bn - which makes it one of the fastest-growing economies in the world. On the other hand, a study from Glassdoor reveals that the average salary in the IT sector is around $3.250/mo which is comparable to Germany.
Why you should work with Singapore-based IT companies
Singapore-based IT companies provide the entire spectrum of services both for the domestic and global markets for more than a decade, which makes them some of the most experienced companies with a good business tradition and top reputation.
Additionally, IT companies from Singapore are also known for discipline and transparency in doing business. A business times report from 2018 reveals that Singapore ranks the world’s top 10 in business transparency.
What you should be aware of when working with Singapore companies
As being a top destination for businesses and one of the largest IT hubs in Asia, the Singapore IT market faces challenges with the presence of a high number of tech startups in terms of professionalism and credibility. In 2018 a number of 5240 companies were registered in the ICT sector in Singapore, making it difficult for potential clients to identify the most suitable for their web projects. As most of the companies claim to be originally from Singapore and ask the same high price for their services, not all can provide the high-end quality of their web products and services.
How reliable are Singapore-based IT companies
The high level of development of IT infrastructure and the amazing business environment from Singapore created the perfect chance for many foreign IT companies to simulate the business process making it a potential risk for clients. However, Singapore IT companies enjoy a high credibility rate on the global market in providing all types of services related to the field.
How does Singapore IT industry relate to the neighboring countries?
On the background of a fast-developing region in the IT field, Singapore is considered a leader in developing digital solutions. The great business environment and IT infrastructure allow Singapore to compete with Indonesian professionals and be a good alternative IT destination to the Philippines, Vietnam & Brunei, due to the highly digitalized economy and good business relations with almost all countries.