Singapore needs 41,000 tech jobs by 2028 to support economic growth

IMF forecasts 2.5% annual growth for Singapore from 2023-2028.

Singapore will need 41,000 additional tech jobs by 2028 to support its economic growth, ServiceNow revealed.

The International Monetary Fund expects Singapore's economy to grow at an annual rate of 2.5% between 2023 and 2028.

As of 2023, Singapore's tech workforce headcount across all industries is 163,000.

Looking at specific tech jobs, ServiceNow said Computer and Information Systems Managers will have the biggest growth in Singapore, with headcount increasing by 2,760 in 2028.

Software Application Developers & Data Analysts will also see growth, increasing by 1,550 and 1,400 by 2028, respectively.

Software Application Developers & Data Analysts roles, on the other hand, are set to decline by 2028.

ServiceNow also found that their Telecommunications, Media & Technology will see the most growth in workforce headcount by 2028 among industries, expect an additional 33,400 people.

Overall, Singapore needs 89,000 additional workers by 2028.

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