Singapore Internet of Things Market Forecast Report 2020 – 2027 – Top Key Players Analysis


Posted August 24, 2020 by shaqibakram

The increasing number of government initiatives, including the Smart Nation Project and the rising emphasis of the government towards smart industry, smart healthcare, smart mobility, and smart governance...

 
This report researches and evaluates the impact of COVID-19 outbreak on the market, including potential opportunities and challenges, drivers, and risks associated with the market. We present a detailed assessment of market growth based on numerous scenarios.

Market Overview:

The market report offers a detailed analysis of the market size, country-level market size, segmentation, market growth, market share, competitive landscape, and the impact of the leading players.

Market Drivers:

The increasing number of government initiatives, including the Smart Nation Project and the rising emphasis of the government towards smart industry, smart healthcare, smart mobility, and smart governance, are the major key drivers that are surging the growth of the Singapore internet of things market size. Moreover, the strong demand for cloud services and big data analytics, followed by the accelerating adoption of various wearable technology applications, is further driving the market growth. In addition to this, the increasing inclination towards smart manufacturing, especially among the leading industry players in the biomedical sciences, chemicals, logistics, consumer electronics, and transport sector, is further bringing an upsurge in demand for the internet of things market in the country.

With the outbreak of the COVID-19, there has been a strong demand for IoT, especially in the healthcare and manufacturing sector to minimize the spread of the virus. The leading manufacturers are increasingly opting for IoT based solutions to scale the production up and down according to the demand fluctuation caused due to the temporary shutdown of factories and the significant shift in the consumer’s preference towards essential products and services. Moreover, different IoT-based solutions are being used for monitoring the total coronavirus cases in the country and for the distribution of medical equipment, masks, and other necessary items required in hospitals, healthcare centers, and quarantine centers. The key factors restraining the growth of Singapore internet of things market include the rising concerns for privacy and data security along with the requirement of the complex infrastructure of the network of the internet of things.

Market Segmentation:

The Singapore Internet of Things Market is split by component, node component, application, network infrastructure, and connectivity technology. For the forecast period, the growth among the segments provides accurate calculations and forecasts for sales by different segments in terms of volume and value. This analysis will help in expanding the business by targeting qualified niche markets.

Segment 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
o Managed Service

Platform
o Device Management

o Cloud Platform

o Network Management

o Application Management

Segment 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

Segment by Application:

Smart Manufacturing
Building & Automation
Connected Logistics
Smart Energy & Utilities
Agriculture
Smart Mobility & Transportation
Government and Defense
Smart Retail
Connected Healthcare
Others
Segment by Network Infrastructure:

Storage
Server
Ethernet Switch & Routing
Gateway
Segment by Connectivity Technology:

Bluetooth Low Energy (BLE)
Wi-fi
Near Field Communication
Cellular
Satellite
Others
Competitive Landscape and Analysis:

The Singapore Internet of Things Market offers detailed information, including company overview, market potential, and total revenue generated. The report will also provide market share, production sites, SWOT analysis, product launch, and other relevant data.

The key players for the Singapore Internet of Things Market are Cisco Systems Singapore, IBM Singapore Pte Ltd., Tata Communications, DXC Technology, Intel Technology Asia Pte Ltd, StarHub Ltd., Singapore Telecommunications Limited, General Electric, M1 Limited, and UnaBiz, 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 uses 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 pioneer in 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 helping businesses stay ahead of the curve.

Visit us: https://www.gmiresearch.com/report/singapore-internet-of-things-market/
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Last Updated August 24, 2020