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Singapore Internet of Things Market – Opportunities & Forecast, 2020-2027

The market report aims to provide an overview of the industry through detailed market segmentation. The report provides thorough information regarding the overview and scope of the market, along with the market drivers, restrains, and key trends. It covers both the quantitative and qualitative aspects of the industry in each region and country participating in the study.

Key Drivers of the Singapore IoT Market:

The significant factors contributing to the growth of Singapore’s internet of things market include growing government initiatives such as the Smart Nation Project and the government's rising focus towards smart industry, smart healthcare, smart governance, and smart mobility. Moreover, the growing demand for cloud services and big data analytics, followed by high adoption for various wearable technology applications, are certain factors boosting the growth of Singapore internet of things market. The increasing inclination towards smart manufacturing by the major industry players present in the logistics, consumer electronics, biomedical sciences, chemicals, and transport engineering sectors is surging the demand for internet of things market across the country. The rise of Singapore internet of things market includes the increasing concerns for privacy and data security, coupled with the need for a complex infrastructure of the network of internet of things that hinder the growth of the market.

This report splits the Singapore IoT Market as follows:

By Component

• Software Solution

o Data Management

 Product Data

 Location Data

 Customer Data

 Supplier Data

 Asset Data

o Real Time Streaming Analytics

o Remote Monitoring

o Security Solution

 Data Encryption and Tokenization

 Distributed Denial of Service Protection

 Identity Access Management

 Secure Communications

 Others

o Network bandwidth management

 Bundled Network Management

 Standalone Network Management

• Services

o Professional service

 Support and Maintenance

 Deployment and Integration

 Consulting Service

o Managed Service

• Platform

o Device Management

o Cloud Platform

o Network Management

o Application Management

By Node Component:

• Sensor

o Inertial Measurement Unit

o Accelerometer

o Pressure Sensor

o Image Sensor

o Others

• Processor

o Microprocessor

o Microcontroller

o Application Processor

o Digital Signal Processor

• Connectivity IC

o Wireless

o Wired

o Logic Device

o Memory Device

By Application:

• Smart Manufacturing

• Building & Automation

• Connected Logistics

• Smart Energy & Utilities

• Agriculture

• Smart Mobility & Transportation

• Government and Defense

• Smart Retail

• Connected Healthcare

• Others

By Network Infrastructure:

• Storage

• Server

• Ethernet Switch & Routing

• Gateway

By Connectivity Technology:

• Bluetooth Low Energy (BLE)

• Wi-fi

• Near Field Communication

• Cellular

• Satellite

• Others

Competitive Landscape:

The Singapore IoT market report also scans the competitive landscape and profiles the major players operating in the market including DXC Technology, Intel Technology Asia Pte Ltd, Cisco Systems Singapore, General Electric, Singapore Telecommunications Limited, StarHub Ltd., IBM Singapore Pte Ltd., UnaBiz Tata Communications, and M1 Limited among others.

About GMI Research

GMI Research is a market research and consulting firm which provides bespoke industry & market research to help businesses in making the toughest business decision. We know the significance of accurate data; that’s why our analyst use a tailored methodology to study every market in detail because one size doesn’t fit all. We not only cover the traditional well-established market but also focuses on the niche market and markets in the emerging economies, where getting data and information is a challenge. This factor makes us a pioneer in the emerging market research space. Our syndicate reports cover multiple industries across various regions and countries.

Our in-depth market reports help propel your business with all the data, strategic inputs, and competitive intelligence to move ahead even in the most uncertain times. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research look forward to help businesses stay ahead of the curve.

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