For those who are unfamiliar, Singapore is considered one of the most connected cities across the world. Therefore, it is obvious to observe that, Singapore's ICT market is kindly mature, and growth in most of the sectors has become stagnant.
In the cloud and data center market, competition between local and global
service providers is increasing; and the city is facing a large number of cyber
security threats.
According to Research and Markets, Internet of
Things is one of the sectors which is still at the early stage and has the
potential to change the landscape of the overall Singapore ICT market.