BMI View: While Singapore has a well-developed IT market with high penetration of products and services, we expect it to exhibit relatively robust growth rates over the medium term. We forecast the IT market to reach a value of SGD8.453bn in 2013, and expand at a compound annual growth rate of 5.2% over 2013-2017. As in most developed markets globally, the retail hardware market in Singapore will be driven by tablet and hybrid/convertible sales over the medium term. However, it is in emerging technologies that Singapore will stand out as the government positions the country to become a hub in …
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