What's Happening?
Singapore has reached a significant milestone in digital connectivity, with internet access now available to 95.8% of its population, according to the Digital 2025: Singapore report by DataReportal. The
report highlights that mobile subscriptions have surged to 10.5 million, surpassing the population and reflecting widespread eSIM use. Social media usage is also high, with 88.2% of the population actively engaged. The country's robust digital infrastructure and high data speeds position it as a regional hub for fintech and digital trade.
Why It's Important?
This development underscores Singapore's leadership in digital connectivity, which is crucial for its economic growth and competitiveness. The high internet penetration supports various sectors, including fintech and digital trade, by providing a reliable platform for innovation and service delivery. Businesses and consumers alike benefit from the enhanced connectivity, which facilitates efficient communication and access to global markets. The focus on engagement depth and service innovation suggests a shift towards qualitative growth in the digital economy.
