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The Malaysia ICT Market Report is Segmented by Type (IT Hardware, IT Software, and More), End-User Enterprise Size (Small and Medium Enterprises, Large Enterprises), Deployment Model (On-Premise, Cloud, Hybrid), End-User Industry Vertical (Government and Public Administration, and More), and Geography. The Market Forecasts are Provided in Terms of Value (USD).
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TwitterIn 2024, the information and communication technology (ICT) industry in Malaysia contributed to *** percent of the country's gross domestic products (GDP), a slight decrease from *** percent share the year before. The ICT industry includes publishing and broadcasting, telecommunications, as well as computer and information services.
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Malaysia ICT Market Size was valued at USD 24.40 Billion in 2024 and is projected to reach USD 47.7 Billion by 2032, growing at a CAGR of 10% from 2026 to 2032.
Key Market Drivers: Government-led Digital Transformation Initiatives: Malaysia's MyDIGITAL project and the 12th Malaysia Plan (12MP) are accelerating ICT adoption. The government has set up RM73 billion ($17.3 billion) for ICT-related projects within the 12MP (2021-2025). According to Malaysia's Economic Planning Unit, digital investments made through MyDIGITAL are expected to contribute 22.6% of the country's GDP by 2025, producing 500,000 new jobs in the digital sector.
Expanding Digital Infrastructure and Connectivity: The countrywide rollout of 5G networks and fiber internet is hastening digital adoption across a variety of industries. According to the Malaysian Communications and Multimedia Commission (MCMC), mobile broadband penetration will reach 142.2% in 2023.
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Forecast: Number of Employees in ICT Industry in Malaysia 2022 - 2026 Discover more data with ReportLinker!
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TwitterIn 2024, the gross domestic product (GDP) from the information and communication sector in Malaysia amounted to around ****** billion Malaysian ringgit, an increase from around *** billion Malaysian ringgit in the previous year. The GDP from the information and communication industry has been gradually increasing over the years.
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Discover the booming Malaysian ICT market! Projected to reach RM49.2 billion by 2033 with a 7.57% CAGR, this sector is driven by digital adoption, 5G rollout, and thriving e-commerce. Explore key segments, leading companies, and future trends in our comprehensive market analysis. Recent developments include: In May 2022, Maxis, one of the leading telecom players in Malaysia, disclosed the launch of a VOIP solution for enterprises. This solution offers a flexible subscription model that enables organizations to grow at any moment, allowing them to utilize their fixed business number on mobile devices anywhere., In March 2022, Honeywell Malaysia partnered with PETRONAS' process technologies to create carbon-neutral energy solutions, industrial automation, and plant digitalization. In support of the businesses' shared sustainability goals and following PETRONAS' Net Zero Carbon Emissions by 2050, the partnership intends to increase operational optimization and assist emissions reduction efforts to produce cleaner energy solutions.. Key drivers for this market are: Implementation of 5G is Back on Track, Poised to Become the Digital Hub of Asia. Potential restraints include: Managing Regulatory and Compliance Needs Across the World. Notable trends are: Poised to Become the Digital Hub of Asia.
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This dataset shows the Employment in The ICT Industry, 2005 - 2021 value below are estimate Base year Year 2005 2012 2010 2016 value below are preliminary Base year Year 2005 2013 2010 2017 No. of Views : 67
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Forecast: ICT Industry Gross Value Added in E-Commerce in Malaysia 2022 - 2026 Discover more data with ReportLinker!
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TwitterIn 2023, the retail trade value added in the information and communications technology (ICT) industry in Malaysia was estimated to reach ***** billion Malaysian ringgit, an increase from ***** billion Malaysian ringgit the year before.
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Key information about Malaysia Imports: ICT Goods
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TwitterIn 2023, the wholesale trade value added of the information and communications technology (ICT) industry in Malaysia amounted to around ***** billion Malaysian ringgit, an increase from ***** billion Malaysian ringgit the year before. The ICT industry contributed
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The Bangladesh ICT market, exhibiting a Compound Annual Growth Rate (CAGR) of 1.83% from 2019 to 2024, is poised for continued expansion. Driven by increasing smartphone penetration, rising internet usage, and government initiatives promoting digitalization, the market is projected to maintain steady growth through 2033. Key segments contributing to this growth include software, IT services, and telecommunication services. The large enterprise segment is expected to dominate, fueled by significant investments in infrastructure and digital transformation projects across various industry verticals. While the BFSI (Banking, Financial Services, and Insurance) and IT & Telecom sectors are major adopters of ICT solutions, growth is also anticipated across retail and e-commerce, manufacturing, energy, and utilities. The presence of established global players like IBM, Google, and Microsoft, alongside strong domestic players like Infosys and Wipro, ensures a competitive landscape driving innovation and service delivery. However, challenges such as infrastructure limitations in certain regions and a need for skilled workforce development may present headwinds to the overall market trajectory. The government's focus on bridging the digital divide and promoting entrepreneurship in the ICT sector offers significant potential for future growth and market expansion. The forecast period (2025-2033) anticipates a strengthening of existing trends. Increased investment in 5G infrastructure and cloud computing services will further stimulate growth across all segments. The rising adoption of Artificial Intelligence (AI), Machine Learning (ML), and Big Data analytics will be key drivers of growth in the software and IT services sectors. Government initiatives aimed at promoting digital literacy and e-governance will play a crucial role in expanding market reach and adoption. Focus on cybersecurity and data protection will be vital to maintain market confidence and growth. Competition will intensify among both established and emerging players, requiring continuous innovation and service differentiation to secure market share. Understanding and addressing evolving customer needs and adapting to technological advancements will be paramount for sustained success within the dynamic Bangladesh ICT market. Recent developments include: August 2022: eGeneration, one of Bangladesh's most prominent software technology companies, received awards for three prestigious partners of the year at the recent "Microsoft Partner Leadership Forum Bangladesh" event at the Sheraton Hotel in Dhaka., November 2022: Tech Mahindra, a prominent provider of digital transformation, consulting, and business reengineering services and solutions, signed a Memorandum of Understanding (MoU) with Axiata Group Berhad to co-develop and market innovative 5G enterprise solutions across Malaysia, Sri Lanka, Bangladesh, Nepal, and Cambodia., December 2022: iDEA (The Innovation Design and Entrepreneurship Academy) Project of Bangladesh Computer Council (BCC) under the ICT Division and Microsoft signed a Letter of Intent (LOI) to extend support to deep technology startups and accelerate homegrown innovations in Bangladesh.. Key drivers for this market are: Consistent Digital Transformation Initiatives, Robust Telecommunication Network. Potential restraints include: Consistent Digital Transformation Initiatives, Robust Telecommunication Network. Notable trends are: Growing Demand for Cloud Technology.
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TwitterThis statistic shows the share of companies using a local area network (LAN) in Malaysia in 2017, sorted by sector. As of this year, around ** percent of the companies working in the manufacturing sector were using a LAN to share data within the organization.
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Malaysia education market is expected to grow at a solid CAGR of 6.1% during 2025-2032, due to the growing demand for improved education quality
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The Ministry of Economic Affairs, Industrial Development Bureau, is now opening the "APICTA Awards List of Winners in Taiwan" dataset for public use. The Asia-Pacific ICT Alliance Awards (APICTA Awards) is the most influential and prestigious ICT competition in the Asia-Pacific region. Its member economies include 20 countries such as Taiwan, Australia, Singapore, Hong Kong, India, Japan, South Korea, Indonesia, Thailand, Macau, Malaysia, Brunei, mainland China, Nepal, Myanmar, Pakistan, the Philippines, Sri Lanka, Vietnam, and Bangladesh. The competition has been held for 15 editions since 2001 and has attracted nearly 100 international judges, 200 competition teams, and over 600 international participants each year. It serves as the best business platform in the Asia-Pacific region. Participating companies can enhance the international visibility of their ICT products from Taiwan, and award-winning companies have more opportunities to obtain orders from Southeast Asian markets. Taiwan has participated in the competition since 2013 and has achieved excellent results every year, establishing a reputation for Taiwan's ICT industry. In line with the government's measures to promote open data, the Ministry of Economic Affairs, Industrial Development Bureau, is now opening the download of the APICTA Awards List of Winners in Taiwan dataset, hoping that domestic companies interested in entering the Southeast Asian market can find potential partners for cooperation. The dataset is open for various uses by the public.
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TwitterIn 2023, the manufacturing of electronic components and boards, communication equipment, and consumer electronics in Malaysia contributed **** percent to the information and communications technology (ICT) industry. The share of this sector in the ICT industry has been increasing for the past decade. Manufacturing of electronic components contributed to
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Twitter말레이시아 ICT 시장 바카라는 유형(IT 하드웨어, IT 소프트웨어 등), 최종 사용자 기업 규모(중소기업, 대기업), 배포 모델(온프레미스, 클라우드, 하이브리드), 최종 사용자 산업 분야(정부 및 공공 행정 등), 그리고 지역별로 세분화되어 있습니다. 시장 전망은 가치(USD) 기준으로 제공됩니다.
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TwitterAccording to a survey on ICT usage among establishments in Malaysia in 2022, **** percent of companies in the construction sector used computers. By comparison, **** percent of companies in the agriculture sector used computers.
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The Malaysia ICT Market Report is Segmented by Type (IT Hardware, IT Software, and More), End-User Enterprise Size (Small and Medium Enterprises, Large Enterprises), Deployment Model (On-Premise, Cloud, Hybrid), End-User Industry Vertical (Government and Public Administration, and More), and Geography. The Market Forecasts are Provided in Terms of Value (USD).