Singapore has ascended three places to 9th in the Savills Tech Cities Index 2025, marking its debut in the top 10. The city-state’s rise is attributed to its political and regulatory stability, world-class infrastructure, and robust business environment. Seoul also made significant strides, climbing four places to secure the 10th spot, driven by increased city wealth, net migration, and government support for AI, semiconductors, quantum computing, and biotech.
San Francisco leads the index, benefiting from its status as the epicentre of AI development and a strong tech ecosystem. New York follows, leveraging a diverse tech sector and a rich talent pool. London, now third, boasts the highest number of top-ranked universities, fostering innovation in Fintech, CleanTech, DeepTech, and AI.
Paul Tostevin, Head of Savills World Research, noted, “The tech industry is undergoing major transformation due to AI. Despite the potential monumental advances being made, however, human capital remains tech’s most important asset, so city attractiveness matters to companies trying to recruit the best talent.”
In Asia, Shanghai and Beijing lead the region, ranking 5th and 6th respectively, supported by a vast domestic market and mature ecosystems. Meanwhile, Dubai has surged 20 places to 43rd, propelled by AI strategies and rapid growth.
The Savills Tech Cities Index, part of the Impacts thought leadership programme, evaluates 100 cities worldwide, focusing on business and tech environments, talent pools, and tech sub-sectors. The index highlights cities that are hotspots for venture capital and tech innovation.
