
VNExpress/VNA-Oct 7
Singapore’s digital economy contributed nearly 20%, or about S$128 billion (US$99.07 billion), to the country’s gross domestic product and created 214,000 technology jobs in 2024. The Infocomm Media Development Authority said the city-state’s digital growth was driven not only by tech companies but also by digitalization across all industries. Despite a cautious hiring outlook in the global and domestic technology sectors last year, the number of tech professionals in Singapore continued to grow from 208,300 in 2023 to 214,000 in 2024.
Job roles related to artificial intelligence (AI), data, and cybersecurity recorded the fastest growth last year. The increase in tech professionals was mainly driven by sectors outside information and communications, which posted a 3.9% rise in tech jobs, outpacing the 1.1% growth within the information and communications sector.
Overall, tech jobs accounted for 5.3% of total employment in 2024, up from 5.2% a year earlier. The growing adoption of AI by companies has fueled demand for AI skills, with tech job postings requiring AI expertise rising from 11% in 2019 to 14% in 2024. The IMDA noted that salaries for tech professionals are expected to continue rising in 2025, after increasing 13.6% year-on-year in 2023. The median monthly salary for resident tech workers stood at S$7,950, compared to S$4,860 for general resident workers in 2024. Among small and medium-sized enterprises, AI adoption more than tripled to 14.5%, while larger firms saw rates jump from 44% to 62.5%. AI usage helped businesses cut costs by an average of 52%, and up to 71% for those applying AI-powered cybersecurity solutions. Read more at: https://e.vnexpress.net/news/tech/tech-news/singapore-s-digital-economy-reaches-nearly-20-of-gdp-creates-214-000-tech-jobs-4948460.html











