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IT Market for Malaysia Market 2014-2018

ReportsnReports.com adds report IT Market in Malaysia 2014-2018 to its store. Cloud computing technology allows users to access data and applications from a central remote server. Through cloud computing end-users can avoid the problems associated with the installation of complicated technology infrastructure and the licensing new software. It also helps to save costs as payment depends on usage. Cloud computing technology is gaining popularity in the IT market in Malaysia and is considered to be among the top 10 strategic technology priorities in the economic transformation of Malaysia. The majority of organizations in Malaysia recognize the importance of adopting cloud computing services. SaaS is the most popular form cloud computing services in the country, and is closely followed by IaaS and PaaS. Hybrid clouds are also being adopted by some companies and thus the Hybrid Cloud segment is considered to be an important growth market.

According to the report, sustained and planned support by the government to develop the IT sector in Malaysia is one of the major drivers in this market. The Malaysian government has implemented many initiatives that have benefited the IT market in Malaysia. For instance, the aim of the Digital Malaysia Masterplan is develop IT facilities and infrastructure to transform the country into a digital developed economy by 2020. Such initiatives are helping many organizations, especially SMEs, to develop their IT infrastructure.

IT is an integrated platform that includes hardware, software, and service solutions. The role of the IT section in an organization is to integrate various business processes through hardware, software, and service solutions and smooth the flow of information and processes. IT also helps organizations to align their business processes with various other technologies. The rapid economic growth in the IT market in Malaysia has encouraged many business organizations to invest in the IT sector and contribute toward the development of IT infrastructure in the country. The market is experiencing a high growth because of the increase in the disposable incomes of consumers and the efforts by the Government of Malaysia to promote IT adoption in Malaysia.

Analysts forecast the IT market in Malaysia will grow at a CAGR of 8.18 percent over the period 2013-2018.

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Covered in this Report

The IT market is predominantly categorized into three segments: Hardware, Software, and Services. The report also covers the IT spending across key end-user segments and also discusses the growth of the Cloud Computing market in Malaysia during the forecast period.

IT Market in Malaysia 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the key end-user segments of the IT market in Malaysia; it also covers the IT market landscape and its growth prospects in the coming years. It discusses the growth of cloud computing technology in Malaysia. The report also includes a discussion of the key vendors operating in this market.

Key End-User Segments

  • Telecommunication and Media
  • BFSI
  • Manufacturing
  • Government
  • Professional Services
  • Education
  • Retail
Analyst recognizes the following companies as the key players in IT Market in Malaysia: HeiTech Padu Bhd, Hewlett-Packard Co., IBM Corp., Microsoft Corp., Accenture plc, Acer Inc., ASUSTeK Computer Inc., Cosmo Synergy Sdn Bhd, Dell Inc., EMC Corp., Fujitsu Ltd., iContro Software Sdn Bhd, Lenovo Group Ltd., Nuasoft Solutions Sdn Bhd, Oracle Corp., SAP AG, Wincom IT Solutions Sdn Bhd.


Key Market Driver

  • Increased Government Support for IT Initiatives

Key Market Challenge

  • Shortage of Skilled Labor

Key Market Trend

  • Increasing Adoption of Cloud Computing Services

Key Questions Answered in this Report

  • What will the market size be in 2018 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?
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