Investors to flock to Singapore’s digital sector as connected devices boom: SGX

Connected devices will reach 50b units in 2020.

It’s no secret that Singapore is undergoing rapid exponential growth in terms of information technology, and investors are being more allured in investing in the city state’s digital sector than ever.

According to a press release by Singapore Exchange (SGX), the boom in connected devices in 5 years’ time will cause the rise of the Big Data market which is set to reach US$78b globally in 2020.

“We’re seeing an increasingly vibrant digital sector in Singapore and investors getting more interested in these companies,” said Mohamed Nasser Ismail, head of SME development and listings at SGX.

SGX has also recently launched an independent research paper titled “Investing in Financial Technology and Consumer Digital Technology Companies” conducted by Frost and Sullivan.

“The paper also uncovers interesting insights from analysing the business models, key drivers and risks as well as valuation metrics of ten key digital sub-sectors, namely Internet of Things (IoT), wearables, social media, ecommerce, epayment, crowd funding, big data and predictive analytics, cyber security, data centre and cloud services and blockchain. Each of these sub-sectors will also be featured in a series of investor education seminars focusing on digital sector that SGX will roll out in 2016,” the press release said.

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.


If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Top News

65LAB backs NUS biotech venture with $2.13m funding
The capital will help advance a treatment candidate for a chronic lung disease.
Healthcare
Seatrium wins ABS nod for offshore ammonia energy hub concept
The hub integrates ammonia fuel, power generation, and vessel charging.
Manulife IM Malaysia launches Singapore equity fund
The fund gives Malaysian investors exposure to Singapore equities amid market reforms aimed at improving liquidity.