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Malaysian ICT Overview 

  • April 2016
  • 75 pages
  • Frost & Sullivan
Report ID: 3803129

Summary

Table of Contents

Malaysian ICT Overview : eCommerce and the Internet of Things will Drive Market Growth

The Malaysian ICT market is going through a lot of changes and will gain momentum in 2016. The Malaysian government has taken special interest in developing the Internet of Things (IoT) sector, which has resulted in several market partnerships. The country’s eCommerce market is slowly but steadily increasing while its telecom sector has strong competition. Mobile Network Operators (MNO) are using innovative marketing tactics to attract new subscribers and retain existing ones. In the last year, there has been an increase in cyber attacks on Malaysian businesses; the country is now one of the top 10 global countries affected by online banking malware.

Key Findings

Malaysia’s ICT industry has been on track again and has seen a reasonable amount of growth in the last year.
- Mobile Network Operators (MNOs) in the Malaysia’s ICT market are using new ways to attract subscribers.
- Malaysian spending on the Internet of Things (IoT) spending will increase at a Cumulative Annual Growth Rate (CAGR) of % from 2015 to 2020.
-The eCommerce sector will also have robust growth; however the market has become overly crowded.
- New business models will emerge from the growth of the Internet of Things.
- The wave of acquisitions will continue in key areas such as eCommerce, data centers, and managed services.



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