The most influential Megatrends set to shape the world through 2030, identified by Euromonitor International, help businesses better anticipate market developments and lead change for their industries.
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Learn moreMay 2020
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4G services have been widely adopted by consumers and face rising expectations in terms of value and quality. In Q4 2019, The Infocomm Media Development Authority (IMDA) launched a Call for Proposal to facilitate the roll-out of 5G mobile networks by 2020, with full-fledged 5G stand-alone capability that covers at least half of Singapore by 2022.
Household broadband penetration has been rising over the years, with the penetration rate approaching 100%. As Singapore becomes increasingly connected, digital inclusion and accessibility becomes key.
Mobile connectivity has played an increasingly important role in the daily lives of consumers. Increased speed and convenience through 4G has influenced how consumers live and work.
TPG Telecom entered Singapore’s market in 2019 to provide free trial for users after winning the licence bid back in 2016. It is expected to stiffen the competition between existing telcos in Singapore.
In addition to Singtel and Ericsson’s 5G pilot network, Huawei and M1 have also been conducting trials on 5G networks. Improved speed, capacity and low latency 5G technologies will be the key to better connectivity and present opportunities for growth.
Mobile virtual network operators have disrupted the mobile services space, posing a threat to the incumbents. Circles.
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Overview
Discover the market trends as it relates to the Digital Landscape in Singapore with research from Euromonitor’s team of in-country analysts.
Explore the digital readiness of consumers in Singapore in order to strengthen your strategies for this tech-first era.
If you are in consumer-facing industries, our research will save you time and money by empowering you to make informed, strategic and profitable business decisions.
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This report originates from our Digital Consumer market research database.
Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.