Future of the Malaysian Defense Industry – Market Attractiveness, Competitive Landscape and Forecasts to 2023

Powered by

All the vital news, analysis, and commentary curated by our industry experts.

$1250
Buy Report View Sample

Published: May 02, 2018 Report Code: GD-DF0494MR-ST

Select Item

The Future of the Malaysian Defense Industry – Market Attractiveness, Competitive Landscape and Forecasts to 2023, published by Strategic Defense Intelligence, provides readers with detailed analysis of both historic and forecast defense industry values, factors influencing demand, the challenges faced by industry participants, analysis of industry leading companies, and key news.

Synopsis

This report offers detailed analysis of the Malaysian defense industry with market size forecasts covering the next five years. This report will also analyze factors that influence demand for the industry, key market trends, and challenges faced by industry participants.
In particular, it provides an in-depth analysis of the following –
– The Malaysian defense industry market size and drivers: detailed analysis of the Malaysian defense industry during 2019-2023, including highlights of the demand drivers and growth stimulators for the industry. It also provides a snapshot of the country’s expenditure and modernization patterns
– Budget allocation and key challenges: insights into procurement schedules formulated within the country and a breakdown of the defense budget with respect to capital expenditure and revenue expenditure. It also details the key challenges faced by defense market participants within the country
– Import and Export Dynamics: analysis of prevalent trends in the country’s imports and exports over the last five years
– Market opportunities:list of the top ten defense investment opportunities over the next 5 years
Competitive landscape and strategic insights: analysis of the competitive landscape of the Malaysian defense industry.

Scope

– The defense budget of Malaysia for the year 2018 is US$4 billion, which decreased from US$5 billion in 2014 at a CAGR of -4.97% during the historic period. – One of the major causes for this falling defense budget has been the lower percentage allocation of GDP towards defense sector.

– Malaysia has also postponed some of its new procurement programs and is increasingly favoring the modernization of its current equipment to cut costs. – This is part of attempts by the Malaysian government to bring in economic reforms and stabilize the economy.

– Malaysia has also released its 11th growth plan, wherein plans for achieving economic growth have been well drafted.

– It is expected that with the implementation of the plans the country’s GDP will rise. The GDP of the country is forecasted to grow at a CAGR of 9.24% and reach a value of US$534.1 billion by 2023.

Reasons to Buy

– This report will give the user confidence to make the correct business decisions based on a detailed analysis of the Malaysian defense industry market trends for the coming five years

– The market opportunity section will inform the user about the various military requirements that are expected to generate revenues during the forecast period. The description includes technical specifications, recent orders, and the expected investment pattern by the country during the forecast period

– Profiles of the top domestic and foreign defense manufacturers . This will provide the user with a total competitive landscape of the sector

– A deep qualitative analysis of the Malaysian defense industry covering sections including demand drivers, Key Trends , and latest industry contracts

Leonardo Malaysia
Sukhoi,Denel Land Systems,SME Ordnance Sdn Bhd,SME Aerospace Sdn Bhd,AIROD Sdn Bhd,Boustead Naval Shipyard,Sapura Thales Electronics Sdn Bhd,DRB Hicom Defense Technologies Sdn Bhd,Labuan Shipyard & Engineering Sdn Bhd,D’Aquarian Sdn Bhd.

Table of Contents

Table of Contents

1. Introduction 8

1.1. What is this Report About? 8

1.2. Definitions 8

1.3. Summary Methodology 10

1.4. About Strategic Defense Intelligence 11

2. Executive Summary 12

3. Market Attractiveness and Emerging Opportunities 14

3.1. Current Market Scenario 15

3.1.1. Primary Threat Perception 15

3.1.2. Military Doctrine & Strategy 17

3.1.3. Military Fleet Size 20

3.1.4. Procurement Programs 23

3.1.5. Top Procurement Programs by Value (US$ Million) 2018-2023 25

3.1.6. Social, Political, and Economic Environment & Support for Defense Projects 26

3.1.7. Political and Strategic Alliances 27

3.2. Defense Market Size Historical and Forecast 28

3.2.1. The Malaysian defense budget is expected to reach US$4.5 billion by 2023, at a CAGR of

2.53% 28

3.2.2. Modernization of the armed forces, participation in UN peacekeeping operations, and territorial disputes are the major drivers of the Malaysian defense industry 30

3.2.3. Defense budget as a percentage of GDP will average

0.96% over the forecast period 32

3.3. Analysis of Defense Budget Allocation 34

3.3.1. Capital expenditure allocation is expected to increase slightly over the forecast period 34

3.3.2. The Malaysian defense capital expenditure is expected to grow at a CAGR of

2.90%, over the forecast period 36

3.3.3. Defense expenditure allocation on Others is expected to remain highest over the forecast period 38

3.3.4. Budget allocation on others is expected to remain highest over the forecast period 39

3.3.5. Per capita defense expenditure is expected to increase during the forecast period 43

3.4. Homeland Security Market Size and Forecast 44

3.4.1. Malaysian homeland security expenditure is expected to grow at a CAGR of

2.46% over the forecast period 44

3.4.2. The homeland security expenditure in Malaysia is mainly driven by rising criminal activities and natural disasters 46

3.4.3. Malaysia is “moderately affected” by terrorism 48

3.4.4. Malaysia faces “moderate risk” from acts of terrorism 49

3.4.5. Malaysia has a terrorism index score of “3.3” 51

3.5. Benchmarking with Key Global Markets 52

3.5.1. Malaysian defense expenditure is expected to increase over the forecast period 52

3.5.2. Malaysian defense expenditure is lower than other Asian countries 54

3.5.3. The Malaysian defense budget as a percentage of GDP is expected to decline over the forecast period 55

3.6. Market Opportunities: Key Trends and Growth Stimulators 56

3.6.1. Top 10 Defense Market Sectors by Value (US$ Million) – Projections over the period 2018-2023 56

3.6.2. Multi-Role Aircraft 57

3.6.3. Physical Security 58

3.6.4. Land-based C4ISR 59

4. Defense Procurement Market Dynamics 60

4.1. Import Market Dynamics 62

4.1.1. Malaysian defense imports are expected to increase over the forecast period 62

4.1.2. Spain and France to remain the key arms suppliers to Malaysia 63

4.1.3. Aircraft accounted for the majority of imports during 2013-2017 64

4.2. Export Market Dynamics 65

4.2.1. Negligible defense exports for Malaysia 65

5. Industry Dynamics 66

5.1. Five Forces Analysis 66

5.1.1. Bargaining power of supplier: low 67

5.1.2. Bargaining power of buyer: medium to high 67

5.1.3. Barrier to entry: medium 67

5.1.4. Intensity of rivalry: medium to high 67

5.1.5. Threat of substitution: Medium 68

6. Market Entry Strategy 69

6.1. Market Regulation 69

6.1.1. The Malaysian defense industry is largely driven by the government’s offset policy 69

6.2. Market Entry Route 70

6.2.1. Budgeting Process 70

6.2.2. Procurement Policy and Process 71

6.2.3. Entry through technology transfer program 71

6.2.4. Entry through partnerships with domestic defense companies 72

6.2.5. Defense exhibitions can be used as a direct entry route into the Malaysian defense industry in the form of Exports 73

6.3. Key Challenges 74

6.3.1. Negligible defense exports pose a challenge for domestic defense companies 74

6.3.2. Limited defense budget discourages investors from market entry 74

6.3.3. Corruption and a lack of transparency impede the growth of Malaysia’s defense industry 74

6.3.4. Malaysia’s new economic policy (NEP) limits the entry of foreign investors 75

7. Competitive Landscape and Strategic Insights 76

7.1. Competitive Landscape Overview 76

7.2. Key Foreign Companies 79

7.2.1. Leonardo Malaysia: Overview 79

7.2.2. Leonardo Malaysia: Products and services 79

7.2.3. Leonardo Malaysia: Recent announcements and strategic initiatives 79

7.2.4. Leonardo Malaysia: alliances 80

7.2.5. Leonardo Malaysia: recent contract wins 81

7.2.6. Sukhoi: Overview 82

7.2.7. Sukhoi: Products and services 82

7.2.8. Sukhoi: recent contract wins 82

7.2.9. Denel Land Systems: Overview 83

7.2.10. Denel Land Systems: Products and services 83

7.2.11. Denel Land Systems: Recent announcements and strategic initiatives 83

7.2.12. Denel Land Systems: alliances 83

7.2.13. Denel Land Systems: recent contract wins 84

7.3. Key Public Sector Companies 85

7.3.1. SME Ordnance Sdn Bhd: overview 85

7.3.2. SME Ordnance Sdn Bhd: products and services 85

7.3.3. SME Ordnance Sdn Bhd: Recent announcements and strategic initiatives 87

7.3.4. SME Ordnance Sdn Bhd: Alliances 87

7.3.5. SME Ordnance Sdn Bhd: recent contract wins 87

7.3.6. SME Aerospace Sdn Bhd: Overview 88

7.3.7. SME Aerospace Sdn Bhd: Products and services 88

7.3.8. SME Aerospace Sdn Bhd: Recent announcements and strategic initiatives 88

7.3.9. SME Aerospace Sdn Bhd: Recent contract wins 89

7.3.10. AIROD Sdn Bhd: Overview 90

7.3.11. AIROD Sdn Bhd: Products and services 90

7.3.12. AIROD Sdn Bhd: Recent announcements and strategic initiatives 92

7.3.13. AIROD Sdn Bhd: Alliances 92

7.3.14. AIROD Sdn Bhd: Recent contract wins 93

7.4. Key Private Sector Companies 94

7.4.1. Boustead Naval Shipyard: Overview 94

7.4.2. Boustead Naval Shipyard: Products and services 94

7.4.3. Boustead Naval Shipyard: Alliances 95

7.4.4. Boustead Naval Shipyard: Recent contract wins 95

7.4.5. Sapura Thales Electronics Sdn Bhd: Overview 97

7.4.6. Sapura Thales Electronics Sdn Bhd: Products and services 97

7.4.7. Sapura Thales Electronics Sdn Bhd: Recent announcements and strategic initiatives 97

7.4.8. Sapura Thales Electronics Sdn Bhd: Alliances 98

7.4.9. Sapura Thales Electronics Sdn Bhd: Recent contract wins 98

7.4.10. DRB Hicom Defense Technologies Sdn Bhd: Overview 99

7.4.11. DRB Hicom Defense Technologies Sdn Bhd: Products and services 99

7.4.12. DRB Hicom Defense Technologies Sdn Bhd: Recent announcements and strategic initiatives 99

7.4.13. DRB Hicom Defense Technologies Sdn Bhd: Alliances 100

7.4.14. DRB Hicom Defense Technologies Sdn Bhd: Recent contract wins 101

7.4.15. Labuan Shipyard & Engineering Sdn Bhd: overview 102

7.4.16. Labuan Shipyard & Engineering Sdn Bhd: products and services 102

7.4.17. Labuan Shipyard & Engineering Sdn Bhd: recent announcements and strategic initiatives 102

7.4.18. Labuan Shipyard & Engineering Sdn Bhd: alliances 102

7.4.19. Labuan Shipyard & Engineering Sdn Bhd: recent contract wins 103

7.4.20. D’Aquarian Sdn Bhd: Overview 104

7.4.21. D’Aquarian Sdn Bhd: Products and services 104

7.4.22. D’Aquarian Sdn Bhd: Recent contract wins 104

8. Business Environment and Country Risk 105

8.1. Economic Performance 105

8.1.1. Nominal GDP per capita 105

8.1.2. GDP at current prices (US$) 106

8.1.3. Exports of Goods and Services (Current LCU Billion) 107

8.1.4. Imports of Goods and Services (Current LCU Billion) 108

8.1.5. Gross National Disposable Income (US$ billion) 109

8.1.6. LCU per US$ (period average) 110

8.1.7. Market Capitalization of Listed Companies (US$ Billion) 111

8.1.8. Market capitalization of listed companies (% of GDP) 112

8.1.9. Government cash surplus/deficit as a percentage of GDP (LCU) 113

8.1.10. Goods exports as a percentage of GDP 114

8.1.11. Goods imports as a percentage of GDP 115

8.1.12. Services imports as a percentage of GDP 116

8.1.13. Service exports as a percentage of GDP 117

8.1.14. Foreign Direct Investment, Net (BoP, current US$ billion) 118

8.1.15. Net foreign direct investment as a percentage of GDP 119

8.1.16. Mining, Manufacturing, Utilities Output (LCU Billion) 120

9. Appendix 121

9.1. About SDI 121

9.2. Disclaimer 121

Table

List of Tables

Table 1: Malaysian Army Strength 20

Table 2: Malaysian Air Force Strength 21

Table 3: Malaysian Navy Strength 22

Table 4: Malaysian – Ongoing Development and Procurement Programs 23

Table 5: Malaysian – Future Procurement Programs 24

Table 6: Top Malaysian Defense Procurement Programs by Value (US$ Million) 2018-2023 25

Table 7: Malaysian Defense Expenditure (MYR Billion & US$ Billion), 2014-2023 28

Table 8: Malaysian GDP Growth and Defense Expenditure as a Percentage of GDP Growth, 2014-2023 32

Table 9: Malaysian Defense Budget Split Between Capital and Revenue Expenditure (%), 2014-2023 34

Table 10: Malaysian Defense Capital Expenditure (MYR Billion and US$ Million), 2014-2023 36

Table 11: Malaysian Defense Budget Split Between Military Services (Army, Air Force, Navy and Others) (%), 2014-2023 38

Table 12: Malaysian Defense Budget in MYR Billion – Breakdown by Services (Army, Navy, Air Force and Others) 2014-2023 39

Table 13: Malaysian Defense Budget in US$ Billion – Breakdown by Services (Army, Navy, Air Force and Others) 2014-2023 41

Table 14: Malaysian Per Capita Defense Expenditure (US$), 2014-2023 43

Table 15: Malaysian Homeland Security Expenditure (MYR Billion & US$ Billion), 2014-2023 44

Table 16: Terrorism Index, 2018 49

Table 17: Benchmarking with Key Markets – 2014-2018 vs. 2019-2023 52

Table 18: Top 10 Malaysian Defense Market Sectors by Value (US$ Million) – 2018-2023 56

Table 19: Malaysian Defense Offset Regulations 69

Table 20: Malaysian Budget Formation Timetable 70

Table 21: Market Entry by Key Foreign Companies 72

Table 22: Top 10 Defense Suppliers in The Nigerian Defense Industry – By Value (US$ Million) 2018-2023 76

Table 23: Competitive Landscape of the Malaysian Defense Industry 77

Table 24: Leonardo Malaysia – Product Focus 79

Table 25: Leonardo Malaysia – Alliances 80

Table 26: Leonardo Malaysia – Recent Contract Wins 81

Table 27: Sukhoi – Product Focus 82

Table 28: Sukhoi – Recent Contract Wins 82

Table 29: Denel Land Systems – Product Focus 83

Table 30: Denel Land Systems – Alliances 83

Table 31: Denel Land Systems – Recent Contract Wins 84

Table 32: SME Ordnance Sdn Bhd – Product Focus 85

Table 33: SME Ordnance Sdn Bhd – Alliances 87

Table 34: SME Ordnance Sdn Bhd – Recent Contract Wins 87

Table 35: SME Aerospace Sdn Bhd – Product Focus 88

Table 36: SME Aerospace Sdn Bhd – Recent Contract Wins 89

Table 37: AIROD Sdn Bhd – Product Focus 90

Table 38: AIROD Sdn Bhd – Alliances 92

Table 39: AIROD Sdn Bhd – Recent Contract Wins 93

Table 40: Boustead Naval Shipyard – Product Focus 94

Table 41: Boustead Naval Shipyard – Alliances 95

Table 42: Boustead Naval Shipyard – Recent Contract Wins 95

Table 43: Sapura Thales Electronics Sdn Bhd – Product Focus 97

Table 44: Sapura Thales Electronics Sdn Bhd – Alliances 98

Table 45: Sapura Thales Electronics Sdn Bhd – Recent Contract Wins 98

Table 46: DRB Hicom Defense Technologies Sdn Bhd – Product Focus 99

Table 47: DRB Hicom Defense Technologies Sdn Bhd – Alliances 100

Table 48: DRB Hicom Defense Technologies Sdn Bhd – Recent Contract Wins 101

Table 49: Labuan Shipyard & Engineering Sdn Bhd – Product Focus 102

Table 50: Labuan Shipyard & Engineering Sdn Bhd – Alliances 102

Table 51: Labuan Shipyard & Engineering Sdn Bhd – Recent Contract Wins 103

Table 52: D’Aquarian Sdn Bhd – Product Focus 104

Table 53: D’Aquarian Sdn Bhd – Recent Contract Wins 104

Figures

List of Figures

Figure 1: Malaysian Defense Expenditure (MYR Billion), 2014-2023 29

Figure 2: Malaysian Defense Expenditure (US$ Billion), 2014-2023 29

Figure 3: Malaysian GDP Growth vs. Defense Expenditure as Percentage of GDP, 2014-2023 33

Figure 4: Malaysian Defense Budget Split Between Capital and Revenue Expenditure (%), 2014-2023 35

Figure 5: Malaysian Defense Capital Expenditure (MYR Billion), 2014-2023 37

Figure 6: Malaysian Defense Capital Expenditure (US$ Million), 2014-2023 37

Figure 7: Malaysian Defense Budget Split Between Army, Navy, Air Force and Others, 2014-2023 38

Figure 8: Malaysian Defense Budget in MYR Billion – Breakdown by Services (Army, Navy, Air Force and Others) 2014-2023 40

Figure 9: Malaysian Defense Budget in US$ Billion – Breakdown by Services (Army, Navy, Air Force and Others) 2014-2023 42

Figure 10: Malaysian Per Capita Defense Expenditure (US$), 2014-2023 43

Figure 11: Malaysian Homeland Security Expenditure (MYR Billion), 2014-2023 45

Figure 12: Malaysian Homeland Security Expenditure (US$ Billion), 2014-2023 45

Figure 13: Terrorism Heat Map, 2018 48

Figure 14: Terrorism Index, 2018 51

Figure 15: Benchmarking with Key Markets – 2014-2018 vs. 2019-2023 53

Figure 16: Defense Expenditure of the World’s Largest Military Spenders (US$ Billions), 2018 and 2023 54

Figure 17: Defense Expenditure as a Percentage of GDP of Largest Military Spenders (%), 2018 55

Figure 18: Multi-role Aircraft Market Size (US$ Million), 2018-2023 57

Figure 19: Physical Security Market Size (US$ Million), 2018-2023 58

Figure 20: Land-based C4ISR Market Size (US$ Million), 2018-2023 59

Figure 21: Malaysian Defense Procurements in Terms Of Their Supplier Relationships 61

Figure 22: Malaysian Defense Import Trend, 2013-2017 (TIV values) 62

Figure 23: Malaysian Defense Import by Country, 2013-2017 (TIV values) 63

Figure 24: Malaysia Defense Imports by Category (%), 2013-2017 64

Figure 25: Industry Dynamics – Porter’s Five Forces Analysis 66

Figure 26: Malaysian GDP Per Capita at Constant Prices (US$), 2015-2025 105

Figure 27: Malaysia – GDP at Current Prices (US$ Billion), 2015-2025 106

Figure 28: Malaysian Exports of Goods and Services (LCU Billion), 2005-2014 107

Figure 29: Malaysian Imports of Goods and Services (LCU Billion), 2005-2014 108

Figure 30: Malaysian Gross National Disposable Income (US$ Billion), 2005-2014 109

Figure 31: Malaysia LCU per US$, 2015-2024 110

Figure 32: Malaysian Market Capitalization of Listed Companies (US$ Billion), 2005-2012 111

Figure 33: Malaysian market capitalization of listed companies (% of GDP), 2005-2012 112

Figure 34: Malaysian Government cash surplus/deficit as % of GDP (LCU), 2005-2012 113

Figure 35: Malaysia – Goods exports as a % of GDP (%), 2005-2013 114

Figure 36: Malaysia – Goods imports as a % of GDP (%), 2005-2013 115

Figure 37: Malaysian Services imports as a % of GDP (%), 2005-2013 116

Figure 38: Malaysia Service exports as a % of GDP (%), 2005-2013 117

Figure 39: Malaysia – Foreign direct investment, net (BoP, current US$ Billion), 2005-2013 118

Figure 40: Malaysian Net foreign direct investment as % of GDP, 2005-2013 119

Figure 41: Malaysian Mining, Manufacturing, Utilities Output (LCU Billion), 2005-2014 120

Frequently asked questions

Future of the Malaysian Defense Industry – Market Attractiveness, Competitive Landscape and Forecasts to 2023 standard reports
Currency USD
$1,250

Can be used by individual purchaser only

Most Popular
$2,500

Can be shared by unlimited users within one corporate location e.g. a regional office

$3,750

Can be shared globally by unlimited users within the purchasing corporation e.g. all employees of a single company

Add to Basket

Undecided about purchasing this report?

Enquire Before Buying Request a Free Sample

Get in touch to find out about multi-purchase discounts

reportstore@globaldata.com
Tel +44 20 7947 2745

Every customer’s requirement is unique. With over 220,000 construction projects tracked, we can create a tailored dataset for you based on the types of projects you are looking for. Please get in touch with your specific requirements and we can send you a quote.

Sample Report

Future of the Malaysian Defense Industry – Market Attractiveness, Competitive Landscape and Forecasts to 2023 was curated by the best experts in the industry and we are confident about its unique quality. However, we want you to make the most beneficial decision for your business, so we offer free sample pages to help you:

  • Assess the relevance of the report
  • Evaluate the quality of the report
  • Justify the cost

Download your copy of the sample report and make an informed decision about whether the full report will provide you with the insights and information you need.

Below is a sample report to understand what you are buying

See what our customers are saying

“The GlobalData platform is our go-to tool for intelligence services. GlobalData provides an easy way to access comprehensive intelligence data around multiple sectors, which essentially makes it a one-for-all intelligence platform, for tendering and approaching customers.

GlobalData is very customer orientated, with a high degree of personalised services, which benefits everyday use. The highly detailed project intelligence and forecast reports can be utilised across multiple departments and workflow scopes, from operational to strategic level, and often support strategic decisions. GlobalData Analytics and visualisation solutions has contributed positively when preparing management presentations and strategic papers.”

 Business Intelligence & Marketing Manager, SAL Heavy Lift

“COVID-19 has caused significant interference to our business and the COVID-19 intelligence from GlobalData has helped us reach better decisions around strategy. These two highlights have helped enormously to understand the projections into the future concerning our business units, we also utilise the project database to source new projects for Liebherr-Werk to use as an additional source to pitch for new business.”

 Market Analyst & Management, Liebherr-Werk

Your daily news has saved me a lot of time and keeps me up-to-date with what is happening in the market, I like that you almost always have a link to the source origin. We also use your market data in our Strategic Business Process to support our business decisions. By having everything in one place on the Intelligence Center it has saved me a lot of time versus looking on different sources, the alert function also helps with this.

 Head of Key Accounts, Saab AB

Having used several other market research companies, I find that GlobalData manages to provide that ‘difficult-to-get’ market data that others can’t, as well as very diverse and complete consumer surveys.

 Marketing Intelligence Manager, Portugal Foods

Our experience with GlobalData has been very good, from the platform itself to the people. I find that the analysts and the account team have a high level of customer focus and responsiveness and therefore I can always rely on. The platform is more holistic than other providers. It is convenient and almost like a one stop shop. The pricing suite is highly competitive and value for our organisation.

I like reports that inform new segments such as the analysis on generation Z, millennials, the impact of COVID 19 to our banking customers and their new channel habits. Secondly the specialist insight on affluent sector significantly increases our understanding about this group of customers. The combination of those give us depth and breadth of the evolving market.

I’m in the business of answering and helping people make decisions so with the intelligence center I can do that, effectively and efficiently. I can share quickly key insights that answer and satisfy our country stakeholders by giving them many quality studies and primary research about competitive landscape beyond the outlook of our bank. It helps me be seen as an advisory partner and that makes a big difference. A big benefit of our subscription is that no one holds the whole data and because it allows so many people, so many different parts of our organisation have access, it enables all teams to have the same level of knowledge and decision support.

 Head of Customer Insight and Research, Standard Chartered

“I know that I can always rely on Globaldata’s work when I’m searching for the right consumer and market insights. I use Globaldata insights to understand the changing market & consumer landscape and help create better taste & wellbeing solutions for our customers in food, beverage and healthcare industries.

Globaldata has the right data and the reports are of very high quality compared to your competitors. Globaldata not only has overall market sizes & consumer insights on food & beverages but also provides insights at the ingredient & flavour level. That is key for B2B companies like Givaudan. This way we understand our customers’ business and also gain insight to our unique industry”

 Head of Consumer Sensory Insights, Givaudan

GlobalData provides a great range of information and reports on various sectors that is highly relevant, timely, easy to access and utilise.  The reports and data dashboards help engagement with clients; they provide valuable industry and market insights that can enrich client conversations and can help in the shaping of value propositions. Moreover, using GlobalData products has helped increase my knowledge of the finance sector, the players within it, and the general threats and opportunities.

I find the consumer surveys that are carried out to be extremely beneficial and not something I have seen anywhere else. They provided an insightful view of why and which consumers take (or don’t) particular financial products. This can help shape conversations with clients to ensure they make the right strategic decisions for their business.

One of the challenges I have found is that data in the payments space is often piecemeal. With GD all of the data I need is in one place, but it also comes with additional market reports that provide useful extra context and information. Having the ability to set-up alerts on relevant movements in the industry, be it competitors or customers, and have them emailed directly to me, ensures I get early sight of industry activity and don’t have to search for news.

 Senior Account Manager, TSYS

Related reports

View more Homeland Security reports
Aerospace and Defense
New
Egypt Defense Market Size, Trends, Budget Allocation, Regulations, Acquisitions, Competitive…
$1,250 | April 2024
Aerospace and Defense
New
Quantum Computing in Aerospace, Defense and Security - Thematic Intelligence
$995 | April 2024
Aerospace and Defense
New
Netherlands Defense Market Size, Trends, Budget Allocation, Regulations, Acquisitions, Competitive…
$1,250 | March 2024
Go even deeper with GlobalData Intelligence Center

Every Company Report we produce is powered by the GlobalData Intelligence Center.

Subscribing to our intelligence platform means you can monitor developments at Future of the Malaysian Defense Industry – Market Attractiveness, Competitive Landscape and Forecasts to 2023 in real time.

  • Access a live Future of the Malaysian Defense Industry – Market Attractiveness, Competitive Landscape and Forecasts to 2023 dashboard for 12 months, with up-to-the-minute insights.
  • Fuel your decision making with real-time deal coverage and media activity.
  • Turn insights on financials, deals, products and pipelines into powerful agents of commercial advantage.
Tell me more