Forecast: Export of Content and Media Products in Malaysia

Analysis of Malaysia's export of content and media products from 2015 to 2023 indicates a general upward trend with occasional fluctuations. In 2023, the export value stood at 6.98 billion Malaysian Ringgits, showing a slight increase of 0.23% from the previous year. Over the last five years, the Compound Annual Growth Rate (CAGR) was 0.16%, reflecting a steady but modest growth. Key variations highlight significant changes, such as a 7.62% increase in 2021 and a 5.06% decline in 2020.

From 2024 and beyond, forecasted data suggest a continued, albeit slow, growth trajectory, with the expected CAGR for 2023-2028 at 0.18%. By 2028, the export value is forecasted to reach 7.08 billion Malaysian Ringgits, indicating a 0.91% growth over five years.

Trends to watch for include:

• Technological advancements and their impact on content production and consumption.
• Government policies and their incentives to boost digital media exports.
• Global demand for Malaysian content, particularly in niche markets.
• Regional economic conditions that might influence trade dynamics.