Singapore AI Ecosystem

Live company formation data for Singapore's technology and business sectors. ACRA registration statistics, published via SingStat Table Builder and queried through sgdata-mcp.

In 2025 Singapore registered 78,146 new companies, 6,133 of them in IT and software (SSIC 62). That makes IT and software 7.8% of all new business formations, the clearest official signal of how fast Singapore's tech and AI ecosystem is growing.

Total Formations (2025)
78,146
All industries, all entity types
IT & Software (SSIC 62)
6,133
2025 formations
IT YoY Growth
+4.9%
+289 companies

IT & Software Formations (SSIC 62) - 10-Year Trend

Annual new company registrations in Computer Programming, IT Consultancy

3,490
2016
3,717
2017
6,437
2018
4,767
2019
4,494
2020
5,378
2021
5,463
2022
5,603
2023
5,844
2024
6,133
2025

Monthly Net Business Growth (Formations - Cessations)

Positive = more companies created than closed. All industries, last 12 months.

Jul '25
+1,686
IT: +250
Aug '25
+1,562
IT: +191
Sep '25
+2,518
IT: +262
Oct '25
+1,979
IT: +91
Nov '25
-674
IT: +80
Dec '25
+1,499
IT: +188
Jan '26
+3,025
IT: +243
Feb '26
+1,515
IT: +153
Mar '26
-2,118
IT: +134
Apr '26
+2,644
IT: +438
May '26
+2,365
IT: +437
Jun '26
+2,032
IT: +436
Avg monthly net: +1,531Positive months: 20/24IT avg net: +181/mo

Key Sector Comparison (2025)

Formation counts and year-on-year growth for selected industries

IndustrySSICFormationsPrev YearYoY ChangeYoY %Share
- Activities Of Head Offices; Management Consultancy Activities708,6157,793+822+10.5%11.0%
- Retail Trade477,7016,417+1,284+20.0%9.9%
- Computer Programming, Information Technology Consultancy And Related Activities626,1335,844+289+4.9%7.8%
- Food & Beverage564,1033,795+308+8.1%5.3%
Excl Those Defined Above - Other Food And Beverage Services561,7751,651+124+7.5%2.3%
Excl Those Defined Above - Other Retail Trade471,7591,675+84+5.0%2.3%
- Construction Of Buildings411,2921,227+65+5.3%1.7%

Top Industries by Formation Count (2025)

All SSIC sectors ranked by new company registrations

69-75- Professional, Scientific & Technical Activities13,409
46- Wholesale Trade12,048
58-63Information & Communications9,991
70- Activities Of Head Offices; Management Consultancy Activities8,615
46Excl Those Defined Above - Others & General Merchandise8,255
47- Retail Trade7,701
64-66Financial & Insurance Activities7,337
64- Financial Service Activities, Except Insurance And Pension Funding6,421
62- Computer Programming, Information Technology Consultancy And Related Activities6,133
90-96- Arts, Entertainment, Recreation & Other Service Activities4,712
Key Takeaways

Data from ACRA via SingStat Table Builder and @altronis/sgdata-mcp. For informational purposes only - verify critical figures against the official source.

Last updated: 4 Aug 2026, 12:47 pm

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Frequently asked questions

How many tech companies are formed in Singapore each year?
6,133 new companies were registered in IT and software (SSIC 62) in 2025. The dashboard shows the 10 year trend and how SSIC 62 compares with other key sectors.
Where does this data come from?
ACRA company registration statistics, published through SingStat Table Builder and queried live via sgdata-mcp, Altronis's open source MCP server for Singapore government data. Server-side results are cached for one hour.
What is SSIC 62?
SSIC is the Singapore Standard Industrial Classification. Section 62 covers IT and software: computer programming, IT consultancy, and related service activities. It is the closest proxy in official statistics for tech and AI company formation.