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Industry Snapshot

This industry snapshot provides a view of the infocomm sector and how it contributes to Singapore’s Gross Domestic Product (GDP).


 

Sector Facts & Figures

Total Number of Infocomm Establishments

▲ 8,622

Operating Receipts

▲ $45.5B

Operating Expenditure

▲ S$40.5B

Operating Surplus

▲ S$6.8B

Value Added

▲ S$14.8B

Profitability Ratio

▲ 14.9%

▼ decrease from previous year   ▲ increase from previous year

Source: Singapore Department of Statistics (SingStat) 
 

Main Infocomm Sub-Sectors (2013)

The Telecommunications sub-sector contributed the most to the sector’s operating receipts (S$13.9B).

Main Infocomm Sub-Sectors

No. Of Establishments

Operating Receipts (S$)

Value Added (S$)

Computer Consultancy & Computer Facilities Management

2,760

6.2B

2.7B

Computer Programming

2,107

5.3B

2.4B

Motion Picture, Radio & TV

920

4.3B

1.4B

Telecommunications

794

13.9B

5.1B

Publishing

774

12.3B

2.2B

Other IT and Computer Services

629

1.2B

0.4B

Data Processing, Hosting and Web Portals

493

2.2

0.5B

Other Information Service

144

0.1B

0.05B

Source: Singapore Department of Statistics (SingStat) 

Business Costs

Remuneration, purchases of goods & materials and royalties were the top 3 business cost items incurred by the industry. Together, they made up more than half of the industry’s total operating expenditure for the year.

Type Of Cost

% Of Cost (2013)

Remuneration of Employees

19.5%

Purchases of Goods & Materials

19.3%

Royalties

17.7%

Commission

5.9%

Others (Work Given Out, Postage & Telco, Admin & Management Fees, etc.)

37.6%

Source: Singapore Department of Statistics (SingStat) 

Size Of Establishments

Firms with operating receipts of less than S$1M made up the majority 83.6% of establishments in 2013 but contributed the least to the industry’s value added (4.5%).

On the other hand, firms with operating receipts of S$100M or more (less than 1% of the total number of establishments) contributed the most to the industry’s value added (67.2%).

Size Of 

Operating Receipts

No. Of

Establishments

Operating Receipts 

(S$)

Value Added

(S$)

Less than S$1,000,000

7,204

1.4B

0.7B

S$1,000,000 – S$9,999,999

1,140

3.2B

1.4B

S$10,000,000 - $99,999,999

216

6.9B

2.8

S$100,000,000 & Above

62

33.9B

9.9B

Source: Singapore Department of Statistics (SingStat)

For More Information

Economic Survey Series 2013: Information and Communications Services
Singapore Department of Statistics (SingStat)

Last Modified Date: 28 Dec 2015