The revenue change in the eservices market in Singapore was forecast to continuously decrease between 2023 and 2027 by in total 29 percentage points. According to this forecast in 2027, the indicator will have decreased for the fifth consecutive year to 1.52 percent.
Data provided by Statista Market Insights are estimates.
eServices refer to the delivery of services through electronic means, typically via the internet. eServices offer the convenience of conducting transactions and accessing information online and have become increasingly popular in recent years due to the growth of internet accessibility and the increasing use of digital devices. The eServices market continues to expand as consumers seek efficient and convenient ways to access and purchase various services.
The definition of eServices does not include media content acquired online (see: Digital Media) or the online sale of physical goods (see: eCommerce). Furthermore, no business-to-business segments are included, and neither are revenues from software downloads and services, or price/product comparison site commission fees.
eServices includes the event ticketing market, which covers the sale of tickets for sporting events, music concerts, and cinema showings. The dating services market includes online dating platforms, matchmaking services, and casual dating sites. The online education market encompasses the provision of university education, online learning platforms, and professional certification programs. Lastly, the online gambling market which covers online sports betting, online casinos, and online lotteries.
Data includes revenue figures in Gross Merchandise Value (GMV), Users, average revenue per user (ARPU), and user penetration rate. User and revenue figures represent B2C services.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Statista. (November 22, 2023). Revenue growth of the e-services market in Singapore from 2018 to 2027 [Graph]. In Statista. Retrieved November 28, 2023, from https://www.statista.com/forecasts/1183589/revenue-growth-eservices-singapore
Statista. "Revenue growth of the e-services market in Singapore from 2018 to 2027." Chart. November 22, 2023. Statista. Accessed November 28, 2023. https://www.statista.com/forecasts/1183589/revenue-growth-eservices-singapore
Statista. (2023). Revenue growth of the e-services market in Singapore from 2018 to 2027. Statista. Statista Inc.. Accessed: November 28, 2023. https://www.statista.com/forecasts/1183589/revenue-growth-eservices-singapore
Statista. "Revenue Growth of The E-services Market in Singapore from 2018 to 2027." Statista, Statista Inc., 22 Nov 2023, https://www.statista.com/forecasts/1183589/revenue-growth-eservices-singapore
Statista, Revenue growth of the e-services market in Singapore from 2018 to 2027 Statista, https://www.statista.com/forecasts/1183589/revenue-growth-eservices-singapore (last visited November 28, 2023)
Revenue growth of the e-services market in Singapore from 2018 to 2027 [Graph], Statista, November 22, 2023. [Online]. Available: https://www.statista.com/forecasts/1183589/revenue-growth-eservices-singapore