Ict Industry In Malaysia 2019

To increase ict contribution to 17 by 2020.

Ict industry in malaysia 2019. Association of the computer and multimedia industry malaysia 1. 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. 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. To nurture high value adding research development and innovation activities in ict segments in micro electronics nano technology mems bio informatics cyber security cloud.

The malaysian government has been extremely influential in the development of malaysia s ict sector. The malaysian government has been extremely influential in the development of malaysia s ict sector. To increase the contribution of ict services in trade. Woon pointed out that between 2016 and 2017 there was only a 0 1 increase in the share of the ict industry to the economy.

To ensure the socio economic well being of malaysians. Overall in 2017 the ict industry contributed rm247 1 billion or 18 3 to the malaysian economy. 2019 government budget for ict malaysia s budget 2019 themed a resurgent malaysia a dynamic economy a prosperous society has three focus areas namely. Below is the allocation for the ict sector.

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. The share of e commerce of non ict industry to gdp was at 5 1 which is about rm68 9 billion. 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. Friday 08 november 2019 1200 information and communication technology satellite account 2018.

Contribution of information and communication technology ict recorded 18 5 per cent in 2018. And to foster an entrepreneurial economy. 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.