KUALA LUMPUR: Malaysia expects to see massive information, communications and technology (ICT) growth in the coming year as the government continues efforts to bolster the sector.
Malaysia’s information and communications technology spending is expected to cross the RM10 billion mark next year as a response to hyper-competing for growth, speed and economics among businesses in the country, a researcher said.
Roger Ling, Research Manager, IDC Asia-Pacific, Asean Services Research Group, said Malaysia’s ICT spending is expected to record a 7.6 percent growth next year from over RM9 billion this year, contributed by various segments such as hardware, software and services.
“In an era of hyper-competing, there will be changes, which will create a stronger ICT spending for Malaysia,” he told reporters at the IDC’s Asean and Malaysia 2013 ICT Top 10 Predictions.
Ling said factors contributing to ICT spending growth were the rebound of telecommunication services, reaping on returns from premium content delivery and cloud services.
“Telecommunications equipment is set for high year-on-year growth, hitting 19.7 percent next year. Enterprise networks will reach 18.6 percent, service provider equipment 9.3 percent and smartphones a whopping 34.6 percent in terms of year-on-year growth,” he said.