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Home»Business»Global AI infrastructure market trends: Focus on Singapore
Business

Global AI infrastructure market trends: Focus on Singapore

By December 21, 2024No Comments5 Mins Read
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Because Singapore relies on international trade, economic performance is often seen as a barometer for the global environment – Copyright AFP/File Roslan RAHMAN

The global AI infrastructure market (valued at $36.59 billion in 2023 and projected to reach $356.14 billion by 2032) continues to grow at a rate of 29.1%, with The country appears to be stepping up efforts to lay the groundwork for AI. innovation.

In the AEC industry, AI-powered automation is transforming workflows, increasing efficiency and reducing costs, making the business case for companies to adopt this technology increasingly clear.

In response to this rapid growth, ARKANCE is focusing on analyzing several metrics including AI venture capital investment, AI talent, research output, broadband speeds, cybersecurity, and government technology maturity over the past five years. Based index system was adopted to identify developed countries. with AI infrastructure.

According to the data, Singapore received a score of 8.91/10, making it a leading country in AI infrastructure and having the highest amount of AI venture capital investment per $1,000 ($14 million) of GDP. After Singapore, South Korea ranks second with an excellent government technology maturity score of 9.91/10. Although not in the top spot, the UK leads in cybersecurity, boasting the highest Cybersecurity Index score of 9.95/10.

Countries leading in AI infrastructure include:

# Country AI VC Investment (per 1,000 GDP)*AI Talent** Percentage of Research Publications on AIBroadband Speed ​​(Mbps)Cybersecurity Index /10 Government Technology Maturity /10AI Index /10***AI Infrastructure Score/101.Singapore $14,006,0138.8031.8%305.019.858.339.708.912.Korea $6,548,3697.9023.3%160.609.85 9.919.407.713.United Kingdom $7,492,7423.7018.8%112.119.958.409.606.93=4.Canada $5,645,1014.5019.3%19 3.439.777.699.206.72=4.France $3,222,8014.9016.7%230.349.769.459.506.72=4. United $11,484,2933.6016.6%246.3310.007.669.906.72=7.Germany $3,297,7416.9017 .3%91.589.747.689.305.42=7.China $7,674,7784.8027.9%180.559.256.659.805.429. Luxembourg $727,6547.4027.0%146.709.508.148.105.31=10.Finland $1,778,8907.102 0.4%117.389.218.118.505.26=10.India $3,760,6494.2025.2%63.469.759.409.005.26

*Within the past 5 years. **Per 1,000 LinkedIn members in 2023. ***Based on domestic AI implementation, innovation, and investment.

ARKANCE set out to find countries that are leading the way in AI infrastructure. To do so, data was collected on AI venture capital investments, AI talent concentration, research publications, cybersecurity efforts, broadband speeds, government technology maturity, and contributions to public AI projects. Data on AI venture capital investments was analyzed on a per capita (per $1,000 GDP) basis to allow fairer comparisons between countries of different economic sizes. AI talent concentration was measured using LinkedIn data, tracking the number of professionals working in AI roles, adjusted in increments of 1,000 people.

ARKANCE’s assessment reveals Singapore as a global leader in AI infrastructure with an AI infrastructure score of 8.91/10. Singapore’s AI venture capital investment is $14 million per 1,000 GDP, the highest of any country, demonstrating a conducive environment for innovation. Singapore excels in AI talent (8.80 per 1,000 LinkedIn members) and also leads in research, with 31.8 per cent of research papers related to AI, 90 per cent more than the US (16.6 per cent). I am. Its broadband speed of 305 Mbps is more than three times faster than Germany (91.58 Mbps), and its cybersecurity score, which assesses the country’s efforts to protect its digital infrastructure and strengthen its robust technology ecosystem, is 9.85/10. The Singapore government has demonstrated strong technology maturity (8.33/10) and advanced AI index (9.70/10), making it an ideal home for cutting-edge AI development.

South Korea has the highest level of government technology maturity, ranking second. The country has an AI infrastructure score of 7.71/10. The country excels in government technology maturity with a score of 9.91/10, tops against all other countries in this category. South Korea also demonstrated advanced AI implementation capabilities and received a score of 9.40/10. The country’s broadband speed of 160.6 Mbps is 43% higher than the UK’s 112 Mbps, and its Cybersecurity Index score of 9.85/10 ensures a secure foundation for technological growth. Korea’s AI venture capital investment is $6.5 million per 1,000 GDP, reflecting its commitment to innovation, which is almost double that of Germany ($3.3 million). With 23.3% of research publications on AI, 40% more than Canada (19.3%), South Korea is solidifying its position as a powerhouse in the AI ​​field.

The UK ranks third with an AI infrastructure score of 6.93/10. The UK has a strong AI venture capital investment of $7.5 million per 1000 GDP, 17% higher than South Korea ($6.5 million), and has the highest cybersecurity score in the world at 9.95/10. With broadband speeds of 112 Mbps, 30% (146.7 Mbps) faster than Luxembourg and a Government Technology Maturity Score of 8.40/10, the UK is poised for strong AI adoption and advancement. The UK accounted for 18.8 per cent of research publications on AI, 12.5 per cent ahead of France (16.7 per cent) in this area, underscoring the UK’s dedication to advancing AI capabilities.

Finland and India shared 10th place in AI Infrastructure with a score of 5.26/10. Finland excels in AI talent, with 7.10 specialists per 1,000 LinkedIn members, almost double Canada’s 4.5. The country also leads in AI research, with 20.4% of publications related to AI. Despite its low AI investment of $1.8 million per 1,000 GDP, Finland boasts a government technology maturity score of 8.11/10 and fast broadband speeds of 117.38 Mbps.

India spends $3.76 million per 1,000 GDP in AI venture capital, showing significant progress. The country leads in AI research, contributing 25.21% of publications. While broadband speeds average 63.46 Mbps, India’s Cybersecurity Index is excellent at 9.75/10, and its AI Adoption Score of 9/10 reflects its growing AI capabilities. Despite slowing internet speeds, India remains a major global player in AI.

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