New Study: Malaysia Information Technology Report Q1 2016

From: Fast Market Research, Inc.
Published: Wed Dec 09 2015

After a challenging 2015 , when ringgit depreciation and wider economic uncertainty held back IT market growth , we expect the Malaysian IT market to move to a stronger growth trajectory over the medium term , with a CAGR of 5.1 % over 2016-2019 in local currency terms. In the hardware market, rising incomes and increased access to affordable data connectivity will boost consumer spending in volume terms and through an easing of price sensitivity . Meanwhile, i n the enterprise software and services market growth will be robust , with cloud computing and Internet of Things application adoption identified as areas of outperformance. The majority of spending will however continue to be derive from more traditional solutions that offer cost efficiencies that enable local enterprises to respond to to heightened competition across South E ast Asia .

Latest Updates And Industry Developments

Full Report Details at

Computer Hardware Sales: MYR9.8bn in 2016 to MYR10.8bn in 2019, a compound annual growth rate (CAGR) of 2.7%. Ringgit stabilisation in 2016, and then income growth over 2016-2019, will deepen the market, as well as offering vendors higher margin opportunities as price sensitivity eases.
Software Sales: MYR4.5bn in 2016 to MYR5.7bn in 2019, a CAGR of 6.0%. Cloud computing software delivery has the potential to deepen the application market to Malaysian small- and medium-sized enterprises and accelerate market growth.
IT Services Sales: MYR7.2bn in 2016 to MYR10.0bn in 2019, a CAGR of 7.7%. IT services spending forecast to outperform through wider adoption of outsourcing, cloud computing and Internet of Things applications by enterprises.

The Malaysia Information Technology Report features Business Monitor International (BMI)'s market assessment and independent forecasts covering personal computers and software; semi-conductors, memory chips, integrated circuits and general components; the internet and IT solutions. It analyses analyses regulatory changes (licensing, customs and intellectual property protection) and competitive landscapes comparing IT companies by products, sales, market share, investments, projects and expansion strategies.

BMI's Malaysia Information Technology Report provides industry professionals and strategists, corporate analysts, IT associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on the IT industry in Malaysia.

Key Benefits

* Benchmark BMI's independent IT Industry forecasts for Malaysia to test other views - a key input for successful budgetary and strategic business planning in the Malaysian IT market.
* Target business opportunities and risks in Malaysia's IT sector through our reviews of latest industry trends, regulatory changes, and major deals, projects and investments in Malaysia.

About Fast Market Research

Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget.

For more information about these or related research reports, please visit our website at or call us at 1.800.844.8156 (1.413.485.7001 Int'l)

You may also be interested in these related reports:

- Argentina Information Technology Report Q1 2016
- Colombia Information Technology Report Q1 2016
- China Information Technology Report Q1 2016
- South Africa Information Technology Report Q1 2016
- Hungary Information Technology Report Q1 2016

Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email:
Contact Phone: 1-413-485-7001

Visit website »