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Singapore industry has come of age mainly because the country is the world center for tourism, business hub and competent residential accommodation needs in the region. The country began by selling plots of land for business improvement and became itself the largest real estate developer. While the lack of space and high demands have enabled Singapore to become the pioneer of modern real estate infrastructure with mixed improvements, eco-friendly constructions and architectural marvels at the heart of real estate.

As a global business hub, Singapore’s commercial real estate space primarily sees foreign investment and derives proficient revenue from the existence of international players in the market. Market research firms in Singapore predict that the effective growth in tourism will allow for an increase in retail revenue as well as hotel real estate. The increase in population and the influx of tourists to the region has resulted in Singapore becoming one of the most luxurious real estate markets in the world, with the majority of the population living around government HDB properties.

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Market Research Industry Singapore, such as Ken Research, provides comprehensive analysis of trends and performance of the respective market in Singapore. Ken Research’s reports cover many factors such as product capability and market size in terms of gross transaction value, target audience, government regulations, growth facilitators, restraints and challenges facing the industry. faces, etc.

Reports of Best B2B Service Providers in Singapore cover Snapshot of Singapore Business Models, Value Chain Analysis, SWOT Analysis, Buying Decision Metrics, Competitive Scenario and Business Profiles. business. Market Research Company Singapore’s industry report concludes with future projections of the industry market size, market segmentation, impact of Covid-19 and analysts’ analysis of the future market prospects.

Moreover, Singapore has one of the best healthcare infrastructure in the world. The population is aging and medical tourism will propel the need for healthcare services in Singapore in the near future. Most expensive tertiary care services are provided by public hospitals at affordable rates. This is aided by the implementation of MediShield Life which is the national health insurance scheme. Primary health care services are mainly provided by private sector practitioners and some by government polyclinics under the Ministry of Health. Public hospitals and specialized centers employ in clinical research.

However, Singapore’s online advertising market is growing, seeing intense competition among advertising agencies. The rapid increase in social media usage, the speed of digital infrastructure and the high penetration of smartphones have influenced the momentum of advertising spending. The number of Internet users has increased significantly throughout the duration of the review.

Not only that, but the future prospects of the Singapore market will be supported by advancements in Fintech and digital payments, with increased use of mobile wallets and mobile apps. Strong growth in mobile phone penetration, widening smart phone ownership, and increased access and consumption of Internet services would influence growth.

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Ken Research
Ankur Gupta, Marketing and Communications Manager
[email protected]

Unit 14, Tower B3, Spaze I Tech Business Park, Sohna Road, sector 49 Gurgaon, Haryana – 122001, India

Ken Research is a research-based management consulting firm. We provide strategic advice to help clients on critical business insights: strategy, marketing, organization, operations and technology transformation, advanced analytics, corporate finance, mergers and acquisitions, and sustainability across all industries and geographies. We provide business intelligence services and operational advice in over 300 verticals highlighting disruptive technologies, emerging business models with analysis of precedents and success case studies. Some of the best consulting firms and market leaders seek our intelligence to identify new revenue streams, customer/vendor paradigm and pain points and competitive due diligence.

This press release was published on openPR.