Singapore’s investment community is placing a strong bet on the technology sector, with 65% of professionals surveyed seeing it as the most attractive sector over the next three years – well ahead of the power and utilities sector, which came in second at 27%, followed by that of asset and wealth management at 22%, according to a recent survey.

This confidence aligns with global sentiment, where 61% of investment professionals say technology is two to three times as attractive as the next three sectors, finds PwC’s Global Investor Survey 2025, which also reveals that Singapore investors have concerns beyond growth in the tech sector as they want accountability, especially when it concerns artificial intelligence ( AI ).

While optimism for AI-driven transformation is high, investor scrutiny into the sector is also intensifying. In Singapore, nine in 10 investors, the survey reveals, want companies to raise capital allocation for digital transformation, and nearly as many, 90%, expect stronger investments in cybersecurity. Yet, fewer than half are satisfied with the level of corporate transparency around AI strategy, use cases or projected returns.

The dual sentiment – enthusiasm and anxiety – with regard to AI underlines a broader investor demand for strategic clarity in the rapidly shifting digital economy.

“The message from investors is unequivocal,” states Patrick Yeo, PwC Singapore’s markets leader, “Singapore enterprises must articulate and execute strategic initiatives that are finely attuned to global economic cues.

“Discerning investors are focusing on companies that are driving profitability growth with enterprise-wide AI transformation. Companies must consistently build trust through greater transparency and alignment with investor interests across key areas.”

Beyond AI compliance concerns, Singapore-focused respondents also reveal a high sensitivity to global headwinds.

As for other significant areas of concern, the survey reveals, more than half ( 53% ) of respondents describe high or extreme exposure in the next 12 months to inflation at the companies they invest in or cover, geopolitical conflict ( 46% ) and macroeconomic volatility ( 45% ).

Globally, the growth outlook remains cautious, with only 28% of respondents expecting meaningful improvement over the next 12 months.

Despite this cautious outlook, Singapore still ranks as one of the top 10 investment destinations. Notably, 12% of global investors identify Singapore as attractive for investment over the next three years, ahead of Australia ( 10% ), Vietnam ( 8% ), Hong Kong ( 6% ) and South Korea ( 4% ).

The top three preferred investment markets remain the United States ( 67% ), India ( 45% ) and China ( 32% ).