Malaysia E-commerce Industry Outlook to 2019 – Driven by Net Penetration and Mobile Access Devices provides detailed overview on E-commerce market in Malaysia along with its segments. The report covers different aspects such as industry size of Malaysia E-commerce business and segmentation on the basis of domestic and foreign markets and by type of markets (travel, retail, offers and other individuals).
The Malaysian E-commerce industry’s revenue has been anticipated to continue to develop at a CAGR of ~% during 2014-2019. Offered the world wide web penetration and the government spending, the sector will witness growth throughout the period. The traditional brick and mortal retailers are becoming much more IT aware and this has triggered a spurt in their IT spending as they are vying to go on the web to tackle their on the internet counterparts. The E-commerce sector will also enhance significantly owing to the increase in the quantity of internet users in the country which are expected to develop at a CAGR of ~% in the subsequent five years.
A major aspect which will be accountable for the unprecedented development of the e-commerce market is the rise of mobile internet. This global phenomenon will fuel the e-commerce industry’s future development opportunities. Mobile world wide web will be a huge catalyst for the industry and the 3G/4G and LTE technologies will take the world wide web speeds further and benefit the stakeholders of this increasing industry. Some major telecom providers have currently started offering 4G and LTE services in Malaysia. The increased government spending on the IT sector will continue to develop steadily which will in turn prove advantageous for the entire IT industry and therefore, help in prospering the e-commerce market in Malaysia. The Malaysian on the internet population is relatively young with a key chunk of people in the profitable 15-34 years age group also known as the prime target demographic for on the internet shopping.
The entry of foreign players’ in the Malaysian E-commerce sector will despite the fact that hurt the competitiveness of domestic players in the marketplace, but on a macro level, the exact same will support the e-commerce market in Malaysia to grow. The domestic players are already taking the lead on foreign websites in the marketplace with ~% of the on the web sales in Malaysia getting attributed to domestic market. A CAGR of ~% will be maintained in the next five years in the e-commerce business in Malaysia, hence taking the on the internet shopping trend to the next platform.
The world wide web population in Malaysia will cross ~ million by the finish of this year and is anticipated to develop in the future as nicely. The availability of inexpensive smart phones and laptops have made net accessible to a whole new demographic. The advent of tablets and sensible watches has also broadened the spectrum of net usage. The Malaysian m-commerce industry’s income will continue to grow at a CAGR of ~% throughout 2014-2019, which shows the energy the mobile world wide web exhibits in the e-commerce sector in the country. Offered the world wide web penetration, rise of mobile web and access devices and the government spending, the sector will witness growth throughout the coming five years i.e. 2014-2019. The SMEs are becoming more IT aware and this has caused a spurt in their IT spending with a quantity of SMEs going on-line to set up shop. This trend will continue in the coming years as SMEs are developing at a rapid pace and are becoming aware of the threat posed by their on the web counterparts.
Key Topics Covered in the Report
Market place Size of E-commerce Sector in Malaysia by Income
Market place Segmentation of E-commerce Industry in Malaysia on the basis of domestic and foreign markets
Market place Segmentation of E-commerce Market in Malaysia on the basis of Sort of Markets (Travel, Retail, Bargains and Others)
Quantity of SMEs in Malaysia and their E-commerce readiness
E-commerce User’s Profile in Malaysia
Competitive Landscape of Significant Players by Variety of Markets in Malaysia
Trends and developments in Malaysia E-commerce Industry
Troubles and Challenges in Malaysia E-commerce Sector
SWOT Evaluation of Malaysia E-commerce Sector
Mergers and Acquisitions in Malaysia E-commerce Market
Government Regulations in Malaysia E-commerce Industry
Industry Size of M-commerce Business in Malaysia by Revenue
Future Outlook of the business and projections of E-commerce Sector in Malaysia and by segments on the basis of Income.