Malaysia Digital Transformation Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Malaysia Digital Transformation Market Report is Segmented by Type (Analytics, Artificial Intelligence, and Machine Learning, Extended Reality (XR), Iot, Industrial Robotics, Blockchain, Additive Manufacturing/3D Printing, Cybersecurity, Cloud and Edge Computing, and Others [Digital Twin, Mobility, and Connectivity]), End-User Industry (Manufacturing, Oil, Gas and Utilities, Retail & E-Commerce, Transportation and Logistics, Healthcare, BFSI, Telecom and IT, Government and Public Sector and Others), The Market Sizes and Forecasts are Provided in Terms of Value in (USD) for all the Above Segments.

Malaysia Digital Transformation Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Malaysia Digital Transformation Industry Overview

The Malaysia Digital Transformation Market is fragmented, with numerous players currently operating. Key players in the ICT market are continuously striving for advancements. Several prominent companies are forming collaborations and expanding their presence in developing regions to strengthen their market positions. IBM Corporation, Microsoft Corporation, Google LLC among others are major players.

  • May 2024: Digital Nasional Berhad (DNB) and Ericsson launched a collaborative initiative to drive the digitalization of enterprises in Malaysia. This initiative harnesses the advanced capabilities of the 5G network, renowned for its high-speed and low-latency performance. These 5G features enable efficient communication among factory machines, robots, and systems, thereby boosting productivity and efficiency.
  • May 2024, Microsoft unveiled a substantial commitment of USD 2.2 billion, earmarked for Malaysia's digital evolution over the ensuing four years. The initiative includes establishing cloud and AI infrastructure locally, offering AI training to an additional 200,000 residents, enhancing its partnership with the Malaysian government to establish a national AI Center of Excellence and fortify the nation's cybersecurity. 

Malaysia Digital Transformation Market Leaders

  1. IBM Corporation

  2. Microsoft Corporation

  3. Google LLC

  4. Telefonaktiebolaget LM Ericsson

  5. NTT Data

  6. *Disclaimer: Major Players sorted in no particular order
Malaysia Digital Transformation Market Concentration