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INFORMATION TECHNOLOGY MARKET INFORMATION TECHNOLOGY MARKET IN SINGAPORE IN SINGAPORE Presented by Chia Swee Hoon Senior Commercial Specialist U.S. Commercial Service Singapore

INFORMATION TECHNOLOGY MARKET IN SINGAPORE Presented by Chia Swee Hoon Senior Commercial Specialist U.S. Commercial Service Singapore

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Page 1: INFORMATION TECHNOLOGY MARKET IN SINGAPORE Presented by Chia Swee Hoon Senior Commercial Specialist U.S. Commercial Service Singapore

INFORMATION TECHNOLOGY MARKETINFORMATION TECHNOLOGY MARKET

IN SINGAPOREIN SINGAPORE

Presented by

Chia Swee HoonSenior Commercial Specialist

U.S. Commercial ServiceSingapore

Page 2: INFORMATION TECHNOLOGY MARKET IN SINGAPORE Presented by Chia Swee Hoon Senior Commercial Specialist U.S. Commercial Service Singapore

OVERVIEWOVERVIEW

– Singapore has one of the most developed IT infrastructures in the world

– Three out of four companies use internet for business

– 74% of Singapore households own personal computers

– 66% of these households enjoy Internet access

– Every school and public library is equipped with PCs and have broadband access

– More than 1,600 Singapore government services are available on-line

Page 3: INFORMATION TECHNOLOGY MARKET IN SINGAPORE Presented by Chia Swee Hoon Senior Commercial Specialist U.S. Commercial Service Singapore

IT MarketIT Market

– Market size: estimated US$3.1 billion

– Mature market

– Government of Singapore initiative drives market demand both as a user and as a catalyst

– Dependent on imports

– U.S. products well accepted in Singapore

– Regional distribution center

Page 4: INFORMATION TECHNOLOGY MARKET IN SINGAPORE Presented by Chia Swee Hoon Senior Commercial Specialist U.S. Commercial Service Singapore

BEST PROSPECTSBEST PROSPECTS

– Security solutions

– Enterprise software solutions

– Wireless connectivity solutions including wireless LANs, virtual private networks and wide area networks

– Government projects

Page 5: INFORMATION TECHNOLOGY MARKET IN SINGAPORE Presented by Chia Swee Hoon Senior Commercial Specialist U.S. Commercial Service Singapore

KEY VENDORSKEY VENDORS

And many more…

Page 6: INFORMATION TECHNOLOGY MARKET IN SINGAPORE Presented by Chia Swee Hoon Senior Commercial Specialist U.S. Commercial Service Singapore

MARKET ENTRYMARKET ENTRY

– Work with established partners who are well versed with local conditions and buyer requirements

– Singaporeans often get information on the latest technologies and development from trade journals and the Internet

– Singaporeans attend trade shows, seminars and conferences both in Singapore & overseas

Page 7: INFORMATION TECHNOLOGY MARKET IN SINGAPORE Presented by Chia Swee Hoon Senior Commercial Specialist U.S. Commercial Service Singapore

REGIONAL TRADE EVENTREGIONAL TRADE EVENT

ENTERPRISE IT 2007June 19 – 22, 2007Singapore Expo

http://www.goto-enterpriseit.com

Page 8: INFORMATION TECHNOLOGY MARKET IN SINGAPORE Presented by Chia Swee Hoon Senior Commercial Specialist U.S. Commercial Service Singapore

KEY RESOURCESKEY RESOURCES

Infocomm Development Authority of Singaporehttp://www.ida.gov.sg

Singapore Infocomm Technology Federationhttp://www.sitf.org.sg/marketplace/bizopp.aspx

Market research portalhttp://www.export.gov/market_research/index.asp

Page 9: INFORMATION TECHNOLOGY MARKET IN SINGAPORE Presented by Chia Swee Hoon Senior Commercial Specialist U.S. Commercial Service Singapore

Please contact:

Chia Swee HoonSenior Commercial Specialist

U.S. Commercial ServiceEmail: [email protected]

URL: http://www.buyusa.gov/singapore

QUESTIONS?QUESTIONS?