Claude is rapidly increasing its market share in Singapore: the gap with ChatGPT is narrowing
The artificial intelligence market in Singapore is undergoing a tectonic shift. Anthropic's Claude model is experiencing explosive growth among local startups: the number of paying customers has increased by 258% over the past year, while spending on the platform has skyrocketed 17-fold. These figures, obtained from an analysis by the fintech platform Aspire, point to a fundamental change in competitive dynamics.
Closing the Gap
Just a year ago, OpenAI held a more than fourfold advantage over Anthropic in the number of paying startup clients in Singapore. Today, that gap has narrowed to 1.5 times. Claude's share of total spending by Singaporean startups on AI platforms has reached 37%, an impressive figure for a relatively young player.
Overall Market Growth
The total number of Singaporean startups adopting AI tools has increased by 42%. Particularly notable is the rise in multi-platform usage: the number of companies working with three or more AI services simultaneously has more than doubled. This indicates market maturity—startups are no longer relying on a single provider and are diversifying their technology stacks.
My expert assessment: Claude's growth is not just a temporary spike but a reflection of a structural trend. Anthropic has managed to carve out a niche where model safety and controllability are paramount, which is especially valuable for Singapore's fintech startups. If the pace continues, we could see parity with ChatGPT as early as next year.