Data pricing trend in Singapore
Singapore has always had one of the most expensive data prices in Southeast Asia. However, new technologies such as 5G, as well as the competitive telecommunications market, led to price reductions over the past few years. In 2022, one gigabyte of mobile data cost around 0.61 U.S. dollars on average, indicating a decrease of more than two dollars compared to 2019. Despite the foreseeable trend of decreasing data prices, it would still remain relatively high compared to neighboring Indonesia's 0.28 U.S. dollars per gigabyte.
Singapore’s mobile data providers
The telecommunications market in Singapore is shared by three main providers, Singtel, Starhub and M1, with Singtel being the market leader accounting for the highest revenue. According to their annual report, the majority of Singtel’s revenue is generated by distributing data in Singapore.