Ict Industry In Malaysia 2020

The malaysian ict subsector is one of the country s largest economic subsectors.

Ict industry in malaysia 2020. The government of malaysia identified key digital areas to drive ict sector. Cloud internet of things iot data analytics cybersecurity data center e commerce and artificial intelligence ai being the main drivers for industry 4 0 and smart city development. The government has a number of long term initiatives with favourable implications for it product and service including investment in high speed broadband infrastructure and encouraging international companies to consider malaysia as a test bed for the global ict industry. Rely on our market intelligence platform to get the latest trends on the ict industry and anticipate the future of the sector.

The 2020 budget demonstrates that the local technology industry is continuing to get much attention from the government which is intent on further boosting the capabilities of local smes and start ups strengthening digital content embracing digitisation enhancing e commerce and adopting 5g technology. According to the 25th productivity report 2017 2018 i n 2017 the subsector experienced an added value growth of 8 4 worth rm 71 1 billion which is an increase from the 8 1 rm65 6 billion in 2016. Malaysia aspires to be a developed nation by 2025. Ict industry 2020 view trends analysis and statistics.

This plan also outlines the strategies and programmes that serve as guidelines for various ministries and agencies in the implementation of the ict initiative at their respective organisations.