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Top AI Development Companies in Singapore

Singapore’s AI market is projected to grow from US$1.23 billion in 2025 to US$4.98 billion by 2031 (26% CAGR), with generative AI expanding from US$1.72 billion in 2024 to US$3.76 billion by 2032 (Source: Statista; DataCube Research).

Singapore is emerging as a powerhouse in AI development, with the overall AI market expected to surge from US$1.23 billion in 2025 to nearly US$5 billion by 2031, growing at a robust 26% CAGR. Generative AI specifically is accelerating—from US$1.72 billion in 2024 to US$3.76 billion by 2032. Backed by government initiatives like the National AI Strategy, AI Singapore, and significant public investment, the country fosters an ecosystem rich in talent and innovation. AI development companies here are shaping solutions across finance, healthcare, smart cities, and more, establishing Singapore as a pivotal regional leader in intelligent technologies.

 

List of the Best AI Development Companies in Singapore

Idea2App

4.8 (1)
Idea2App is a premier AI, mobile, and software development company with over 21 years of experience in the market. We specialize in transforming visionary concepts into high-quality mobile and web applications, making app development accessible to everyone. By using cutting-edge technologies and streamlined development processes, we deliver fully functional apps quickly, affordably, and with unmatched flexibility. Whether you’re crafting an… Read More
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    Employees: 501 to 1000
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    Min. Project amount: $1,000+
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    Country: Indore, India

Flatirons

5 (2)
Flatirons is a design-forward custom software development consultancy helping startups, mid-market companies, and enterprises build scalable digital products. With expertise in SaaS, marketplaces, and healthcare solutions, Flatirons combines world-class engineering with exceptional UX/UI design to create software that is both powerful and intuitive. Their custom software solutions are not only highly functional but also elegant and easy to use, ensuring… Read More
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    Employees: 10 to 49
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    Min. Project amount: $50,000+
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    Country: Boulder, CO

Eris360

0 (0)
Eris360 is an AI-driven technology company specializing in digital transformation and intelligent automation. It develops advanced AI agents and tailored software solutions to streamline operations, enhance decision-making, and drive business growth. By leveraging machine learning, natural language processing, and predictive analytics, Eris360 enables seamless AI integration, empowering businesses to stay ahead in an evolving digital landscape. Read More
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    Employees: 11 to 50
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    Min. Project amount: $10,000
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    Country: NY, USA
Founded in 2011, Nirvana XP is based in Henderson, Las Vegas, Nevada, and has a team of over 50 employees. We provide smart, AI-driven point-of-sale systems for restaurants, helping them run smoothly with features like handheld devices, self-serve kiosks, and real-time reports. Our system makes managing orders, inventory, and payments easy. We proudly serve over 100 clients in India and… Read More
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    Employees: 51-100
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    Min. Project amount: $25000
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    Country: Henderson, NV
Designers X: Your One-Stop Design and Development Solution Based in Florida, Designers X offers a wide range of services, including web apps, mobile apps, e-commerce, custom development, and internet marketing. With years of experience, they provide tailored solutions to meet your specific needs. Read More
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  • Dollar
    Employees: 11 to 50
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    Min. Project amount: $10,000+
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    Country: Florida, United States
DiscountCodez is a platform dedicated to helping savvy shoppers save money on their online purchases. We aim to provide everything you need to unlock the best deals while shopping online. Experience the thrill of shopping smarter with the best online discounts. No matter your shopping experience, we help you find the best deals and the lowest prices every time you… Read More
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  • Dollar
    Employees: 51 to 100
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    Country: Bedfordshire, United Kingdom
Maximize your team's productivity with AI-powered tracking solutions and insights — accessible anytime, anywhere worldwide. MaxelTracker is an innovative AI-powered employee monitoring and time-tracking tool designed to redefine productivity and enhance performance in modern workplaces. It helps you boost your team’s productivity by up to 63% with exciting features such as time tracking, automatic screenshots, location tracking, performance metrics tracking,… Read More
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  • Dollar
    Employees: 51 to 200
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    Country: Canada
Developing Solutions for AI, IoT, and eCommerce We believe that "the best work is born when diligence mixes with fun and creativity mixes with professionalism." Predominantly known for our AI Chatbots and Staffing and IoT solutions, we offer a wide array of IT services that range across the Web, Mobile, and Enterprise niches. Our expertise in data science and AI… Read More
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  • Dollar
    Employees: 51 to 100
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    Min. Project amount: $25,000+
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    Country: Florida, USA
Welcome to Futurism Technologies, your gateway to discovering top-rated companies through insightful reviews. In today's rapidly evolving business landscape, choosing the right partners is crucial for success. Our platform empowers you to make informed decisions by providing comprehensive reviews of companies across various industries. From technology and finance to healthcare and beyond, we curate the best companies to help you… Read More
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    Employees: 501 to 1000
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    Min. Project amount: $25000
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    Country: USA, Germany, UAE, India, Australia
Protonshub Technologies is a CMMI Level 5 mobile and web app development company, committed to creating exceptional and innovative digital solutions for businesses of all types. Read More
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  • Dollar
    Employees: 101-250
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    Min. Project amount: $25000
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    Country: India

** Buyer's Guide **

1.What types of AI development companies operate in Singapore?

Singapore hosts firms specializing in enterprise AI solutions, generative AI platforms, machine learning, computer vision, and industry-specific automation.

Singapore’s AI ecosystem is diverse, with companies specializing in different niches to meet the needs of industries and enterprises. Below are the key categories:

1. Enterprise AI Solution Providers

These companies develop end-to-end AI systems for businesses—covering automation, predictive analytics, decision-making, and workflow optimization. They focus on sectors like finance, healthcare, logistics, and retail.

2. Generative AI Companies

Firms building advanced natural language processing (NLP) and content-generation platforms for applications such as chatbots, AI writing tools, automated design, and virtual assistants.

3. Machine Learning Specialists

Companies that design custom ML models for predictive insights, anomaly detection, personalization, and algorithm-driven decision-making across multiple industries.

4. Computer Vision Companies

AI firms offering image and video analytics, facial recognition, surveillance, autonomous systems, and medical imaging—vital for smart cities and healthcare applications.

5. Industry-Specific Automation Firms

Niche players delivering AI solutions tailored to specific industries—like fintech AI for fraud detection, healthtech AI for diagnostics, and retail AI for customer personalization.

2.What sectors are driving AI investment in Singapore?

High-demand areas include finance (for risk and personalization), healthcare (for diagnostics and telemedicine), logistics, urban infrastructure (smart city implementations), and retail.

Singapore’s AI adoption is fueled by strategic industries that align with the nation’s Smart Nation vision and digital transformation goals. Key sectors include:

1. Finance and Banking

AI powers risk management, fraud detection, trading algorithms, and personalized financial products. Singapore’s strong fintech ecosystem makes this sector one of the largest AI adopters.

2. Healthcare and Life Sciences

Hospitals and startups leverage AI for medical imaging, diagnostics, drug discovery, and telemedicine, ensuring better patient outcomes and faster clinical workflows.

3. Logistics and Supply Chain

AI optimizes routing, demand forecasting, and warehouse automation, strengthening Singapore’s position as a global logistics hub.

4. Urban Infrastructure & Smart Cities

Government-backed initiatives use AI in traffic management, energy efficiency, surveillance, and predictive maintenance—core to Singapore’s Smart Nation strategy.

5. Retail and eCommerce

Retailers use AI for personalized recommendations, customer insights, chatbots, and dynamic pricing to enhance the consumer experience in a highly competitive market.

3.How supportive is the Singapore government in fostering AI growth?

Extremely supportive—via the National AI Strategy, AI Singapore (AISG), tax incentives from EDB, and grant programs like Startup SG and AI Apprenticeships.

The Singapore government plays a pivotal role in accelerating AI adoption, ensuring businesses, researchers, and startups have strong institutional backing.

1. National AI Strategy (NAIS)

Launched in 2019, NAIS aims to make Singapore a global leader in AI by 2030, prioritizing high-impact sectors such as finance, healthcare, and smart cities.

2. AI Singapore (AISG)

A government-funded program driving AI research, talent development, and industry collaboration. AISG initiatives include the 100 Experiments program and the AI Apprenticeship Programme (AIAP).

3. Economic Development Board (EDB) Incentives

Tax incentives and co-funding schemes support AI startups, global tech firms, and enterprise adoption, making Singapore a magnet for foreign investment.

4. Startup SG Grants

Dedicated grants and funding pipelines empower AI-driven startups with capital, mentorship, and go-to-market support.

5. AI Apprenticeships & SkillsFuture

National training initiatives like AIAP and SkillsFuture build a strong local AI workforce, bridging the talent gap for enterprises.

4.How much are businesses investing in AI in Singapore?

Singapore leads globally, allocating 24% of annual budgets on average to AI/ML technologies, above the global mean of 18%.

Singapore stands out as one of the world’s most AI-focused economies, with companies dedicating a higher-than-average share of their budgets to AI adoption and transformation.

1. Budget Allocation

  • On average, Singaporean businesses allocate 24% of their annual budgets to AI/ML technologies.

  • This is significantly above the global mean of 18%, showing stronger adoption intent.

2. Enterprise Adoption

Large enterprises in finance, healthcare, and logistics lead in AI spending—funding automation, predictive analytics, generative AI, and smart infrastructure.

3. Global Competitiveness

Singapore’s higher investment levels reflect its ambition to remain a global AI hub, leveraging policy support and talent development.

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