As of 2023, the final consumption expenditure on content and media products in Malaysia was 11.8 billion Malaysian Ringgits. The forecasted data for the years 2024 to 2027 indicate a steady annual growth rate. Specifically, the value is expected to increase from 12.01 billion in 2024 to 12.6 billion by 2027. This represents a year-on-year variation of approximately 1.78% from 2023 to 2024, 1.67% from 2024 to 2025, 1.64% from 2025 to 2026, and 1.53% from 2026 to 2027. The compound annual growth rate (CAGR) over the five-year period from 2023 to 2027 is projected to be around 1.64%.
Future trends to watch for include the increasing integration of digital media platforms and technological innovations in content delivery. Moreover, the growth of mobile internet penetration and the rising consumer demand for diverse media content are likely to drive further expansion in this sector.