In 2023, the total supply of ICT goods in Malaysia was reported at 574.15 billion Malaysian Ringgits. Based on the forecasted data, there is a steady year-on-year increase in the total supply, with 2024 at 584.06 billion MYR, 2025 at 593.67 billion MYR, 2026 at 603.08 billion MYR, 2027 at 612.3 billion MYR, and 2028 at 621.35 billion MYR. This represents a consistent growth trend in the ICT sector over the next five years.
The year-on-year percentage variations are as follows:
- 2024-2025: 1.64%
- 2025-2026: 1.58%
- 2026-2027: 1.53%
- 2027-2028: 1.48%
Future trends to watch for include technological advancements, increased digitalization, and government policies promoting ICT development. Monitoring global supply chain dynamics and external economic factors will also be crucial.
