Ict Industry In Malaysia 2019

To nurture high value adding research development and innovation activities in ict segments in micro electronics nano technology mems bio informatics cyber security cloud.

Ict industry in malaysia 2019. Ict industry outlook in malaysia 2019 about pikom pikom the national tech association of malaysia is the association representing the information and communications technology tech industry in malaysia. Kuala lumpur bright prospects await the information and communications technology ict industry in 2018 and 2019 as it looks forward to an anticipated leap amid a renewed focus from the country s new leadership. International data corporation idc unveiled its top predictions for the malaysian it industry for 2019 and beyond predicting that by 2022 over 21 of malaysia s gross domestic product gdp will be digitalised against the current level of 18. Net capital stock which portrays the wealth of malaysia s economy increased to rm3 1 trillion and registered a growth of 4 2 per cent.

To increase ict contribution to 17 by 2020. In the 1990s malaysia launched the msc malaysia initiative in which it was envisioned that the ict sector would play a pivotal role in transforming the country into a developed economy by 2020. To increase the contribution of ict services in trade. According to gartner inc spending on technology products and services in malaysia is forecast to reach usd 15 5 billion in 2019 an increase of 4 6 percent from 2018 see table 1 while worldwide it spending is projected to total usd 3 8 trillion in 2019 an increase of 3 2 percent from expected spending of usd 3 7 trillion in 2018.

Contribution of information and communication technology ict recorded 18 5 per cent in 2018. The malaysian government has been extremely influential in the development of malaysia s ict sector. Tuesday 28 may 2019 01 28 pm myt kuala lumpur may 28 the average salary growth rate in the information and communications technology ict is expected to moderate further to 3 8 per cent in 2019 in line with the lukewarm expansion of the industry in the last few years said the national ict association of malaysia pikom. Ict industry outlook in malaysia 2019 the ict industry in malaysia continues to grow in size and distribution to the economy albeit at a pace slower than the desired rate to reach 20 0 of national gross domestic product gdp by 2020.