In Singapore in 2024 over 200,000 jobs were generated in the tech sector and the digital economy contributed 19% so the GDP.

In 2024 the gross contribution of the Digital economy to Singapore’s GDP was $128.1 billion which is a growth of $12 billion from the period of 2019 to 2023 The tech sectors contribution to the economy grew from 14% to nearly 19%.

According to IMDA Singapore Infocom Media Development Authority The majority of the growth during that period came from digitalization in non technical centers rather than growth within traditional technical framework.

And it’s 2024 report IMDA recognized two distinct sectors in Singapore’s tech economy firstly the traditional I & C or Information and Communication sector, which includes traditional sectors like software development and telecommunications. The second is the non technical industry or Non Digital Industries that have embraced technology to enhance their businesses. The finance and insurance sector or FinTech is the largest contributor to growth in that area followed by wholesale trade and manufacturing in Singapore.

The fastest growth area In 2024 is the artificial intelligence field followed by data and cyber security. Traditional information and communication sector or tech sector only saw a growth of 1% in 2024 The hiring of tech professionals grew by 4% during that period in the non technical sectors such as banking and finance wholesale and manufacture.

In Singapore Tech Sector Jobs continue to be well paid with the average wage being $8000 a month compared to around $5000 a month in non technical sectors.

Singaporean IMDA report Suggests That Python programming jobs Python programmer jobs and SQL programmer job are still in demand in Singapore.

A key contributor to the demand for programming skills Is attributed to companies in the non tech sector digitalizing. Companies need to build their own solutions or integrate solutions into other organizations whether they are a manufacturing company a wholesale trade company or a bank.

In 2024 25% of Singapore tech jobs required knowledge of Python and SQL was ranked 5^th As the tech skill most sought after the demand for those skills is the adaptability across a range of functions such as data analytics, machine learning, artificial intelligence, automation and workflow.

Over the last five years cloud computing, cloud infrastructure  platforms and scalable digital infrastructure skills come to the fore This coincides with business and industries embracing the cloud infrastructure which has created demand for professionals who can harness and manage cloud capabilities, Contradicting that there has been a relative drop in web development with skills like Javascript becoming less fashionable.

The most sought after tech talent or the highest number of tech jobs advertised in 2025 job are postings for those requiring AI skills such as natural learning processes, machine learning and neural networks the number of job posting is quadrupled in this field over a five year period.

The six digital skill areas that are sought after in Singapore includes Cyber Security, Cloud Technology, epayments, ecommerce, Data Analytics and artificial intelligence AI

Among small companies and small medium Enterprises AI adoption rate has seen a high jump Jumping from an adoption rate of 4.2 percent in 2023 so around 15% in 2024 and AI adoption rate of nearly 62% has been noted tech business sectors like Banking, IT, Customer Services Finances and Accounting in Singapore the Government is encouraging workers to become bilingual and providing support in the form of training to empower its workforce.

AI itself is becoming as commonplace as the smartphone in the workplace. Recent surveys have shown that nearly as many as 60% of people have utilized AI in the workplace for tasks like brainstorming, administration and research with the most commonly cited benefits of AI being seen in efficiency gains, creativity, innovation, and capability development.