Explore Top React Native Companies in Singapore
Synodus is derived from “Synergy”. Let’s work together to achieve greater! Synodus is a pioneering software development company w...
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...
BrainCave Software is a leading Information Technology company. It was established in the year 2022 and has exponentially grown in the market today ha...
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...
NXT Interactive Pte Ltd is a digital design firm specializing in the creation of interactive applications and metaverse platforms. Our main objective...
A full-service software development company based in Singapore. We create user-centric digital solutions. Our Goal: Since the beginning, our prim...
We all know that AI is the way forward, and because of its immense potential, it is considered the "4th industrial revolution." We are a...
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...
DevCrew. I/O is a crew of extrmemly talented and seasoned engineers, capable of transforming ideas into fluid, eyecatching and high performance web, e...
Aemorph's goal is to guide transformation. If you're a company looking to grow your digital and online presence then we have a myriad of systems, tool...
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Fortunesoft is a software product engineering and consulting company providing full cycle software development services for enterprises and startups....
Professional Soft-Tech is a web & mobile app development agency that provides end to end solutions to different companies across the globe. We ha...
KAI SOFTWARE INC was founded in 1994 and today we create new software development solutions for projects with sizable data requirements. Having a back...
We are a 35 engineer software development company with offices in the USA, India & Singapore. We provide custom software development to clients al...
NMG provides massive technical experience in building mobile, web, AI/ ML application development solutions that are strong, scalable and world-class....
Too many brands struggle with creating technology. The Sneakers Agency framework helps brands clarify their digital strategy. Customers who work with...
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...
We are delivering top-notch UX design solutions. Based in Singapore, our team of experts crafts user-centric designs that enhance interaction and driv...
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Nexconz is a team of digital business professionals who bring valuable insights and beneficial e-solutions to all the customers from ideation to marke...
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We are the passionate team of full-stack professionals that will help you to turn your great idea into a valuable and awesome product. We enjoy our li...
Mitrais is a world-class software development company with offices in Indonesia and Singapore. We build teams and offer near shore, near time softw...
ROCKETECH is a software development company that specializes in analytics-driven web and mobile development. Our team has released 100+ products for 7...
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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.