Malaysia's telecommunications sector is set to continue growing at a steady rate as more Malaysians develop a strong appetite for data consumption. With the rise in rich media content and the popularity of social media such as Facebook and the prevalence of Internet culture across the country, revenues from data will be growing rapidly for the foreseeable future.
“Mobile data revenue will continue to grow strongly at CAGR of 8.5% and become the main driver of the total mobile revenue in the next five years. Mobile operators need to be proactive to the market trend by leveraging emerging technologies such as Internet of Things (IoT), Big Data, Social and Cloud, in order to continue to grow and stay competitive. Mobile operators may also need to revisit their spectrum strategy in order to maximize network capacity and enhance user experience."
- Alfie Amir, Research Manager, Telecommunications, IDC Malaysia