Forecast: Computers and Peripheral Equipment Revenue in Malaysia

The revenue from computers and peripheral equipment in Malaysia increased from MYR 4.37 billion in 2013 to MYR 6.08 billion in 2023, with a Compound Annual Growth Rate (CAGR) of 2.81% over the last five years. Notably, the sector experienced fluctuating growth, with significant increases in 2015 and 2021, while also encountering declines in 2017 and 2022. The year-on-year variation from 2022 to 2023 was a modest 1.59%, indicating a stabilization phase post-2022 downturn. Forecasted data suggest a steady growth trend with a forecasted CAGR of 1.16% over the next five years, reaching MYR 6.54 billion by 2028.

Future trends to watch for include the impact of technological advancements, increased digitalization, and the potential influence of economic factors on consumer and enterprise spending within Malaysia's tech sector. Monitoring shifts in consumer behavior and new market dynamics will be crucial for sustaining growth.