From an investment perspective it is evident that global venture capital favors Singaporean IDM companies compared to other Southeast Asia countries. Year after year the IDM growth in Singapore continues at an amazing rate, and creates thousands of jobs. In the near future subsectors like big data analytics, interactive learning and mobile/social commerce seems to be the most promising.
Interactive Digital Media Shaping the Digital Future
This report from Deloitte states that Singapore is well on its way to become the regional hub for global Interactive Digital Media (IDM) sector. With an astonishing growth, contributing S$2.06B of Value Added (VA) to the economy in 2012, it is evident that this sector is of growing importance to Singapore’s economy. Big data analytics shows the absolute biggest VA growth of 245% from 2011-2012.