Market Overview Conditions appear favourable for Singapore IT market growth over the next few years, with the total size of the domestic IT market expected by BMI to increase from US$3.8bn in 2006 to around US$4.7bn in 2011. IT market CAGR for the forecast period is 4%. A recovery in the global IT market in 2007 will have beneficial effects for an economy in which IT and electronics are the main export categories.
Meanwhile the key IT vertical of financial services is another sector expected to enjoy above average growth over the next few years, creating opportunities for vendors. With the 'Intelligent Nation 2015'