Malaysia Enterprise ICT Investment Market Trends by Budget Allocations (Cloud and Digital Transformation), Future Outlook, Key Business Areas and Challenges, 2022

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Malaysia Enterprise ICT Investment Market Overview

According to GlobalData’s Malaysia Enterprise ICT Investment Trends Report 2022, most of the enterprises in the country have increased their ICT budget for 2022 with more than 65% of respondents from our recent survey claiming the same. In contrast, a relatively low proportion of enterprises have trimmed their ICT budget for 2022 compared to the previous year.

The Malaysia Enterprise ICT Investment Trends Report 2022 summarizes key findings from GlobalData’s ICT customer insight survey carried out in H1-2022. It reveals how the overall ICT budgets and their allocations towards various business functions and spending areas, have changed for enterprises in the country in 2022 when compared to 2021. The report also discusses the change in ICT budget allocations for digital transformation enabling technologies like AI and ML, the Internet of Things (IoT), automation/RPA, and edge computing among enterprises in 2022 as compared to 2021.  It sheds focus on the change in ICT budget allocations across 30 IT hardware, software, and service categories. The report also gives an indication of ICT opportunities in Malaysia with forward-looking insights on enterprise spending priorities for over 100 ICT product and service sub-categories over the next two years.

To gain more insights on Enterprise ICT Investment Trends in Malaysia, download a free sample

Malaysia Enterprise ICT Budget Allocations - 2022 vs 2021

The report reveals how the total ICT budgets of enterprises in the country have changed from 2021 to 2022 and how it compares to the change in ICT budget seen from 2020 to 2021.

Annual Change in Enterprise ICT Budget Allocation in Malaysia (2021-2022 vs. 2020-2021)

Annual Change in Enterprise ICT Budget Allocation in Malaysia (2021-2022 vs. 2020-2021)

To know more about changes in enterprise ICT budget allocation in Malaysia, download a free sample

Majority of the Enterprises in Malaysia have Increased their ICT Budget for 2022 Compared to the Previous Year

According to GlobalData’s survey, majority of respondents from Malaysia claimed that there will be a slight increase (1% to 6%) in their enterprise ICT budget for 2021-22 compared to 2020-21. Additionally, there were also a decent number of respondents who claimed that there has been a significant increase (>6%) in their ICT budgets

The report also discusses the level of change in enterprise ICT budget allocation in 2022 compared to the previous year by:

  • Key spending areas
  • Key business functions

Malaysia Enterprise ICT Budget Allocations by ICT Infrastructure Spending Areas – 2022 vs 2021

According to GlobalData’s survey, the largest increase in the share of enterprise ICT budget in Malaysia is recorded in ICT services. The report shows how enterprises in Malaysia have changed their total ICT budget allocation across the following ICT infrastructure spending areas in 2022 compared to 2021.

  • Hardware
  • Software
  • ICT services
  • Consulting
  • Network and communication
  • Internal development & maintenance (Internal costs)
  • Others

Annual Change in Distribution of Enterprise ICT Spending, By ICT Products/Services in 2022

Annual Change in Distribution of Enterprise ICT Spending, By ICT Products/Services in 2022

For more insights on ICT infrastructure investment in Malaysia, download a free sample

Malaysia Enterprise ICT Budget Allocations by Key Business Functions – 2022 vs 2021

According to GlobalData’s survey, ICT budget allocations across most of the business functions have seen an increase among Malaysia’s enterprises, except for finance & accounting function, for which the budget allocation has mostly remained unchanged in 2022 compared to 2021. The report shows how enterprises in Malaysia have changed the distribution of ICT budget allocation across the following business functions in 2022 compared to 2021.

  • Production, Procurement & Operations
  • Sales, Marketing and Customer Relations
  • Finance & Accounting
  • Research & Development
  • Human Resources & Legal

Annual Change in Enterprise ICT Budget Distribution in Malaysia, by Key Business Functions, 2022

Annual Change in Enterprise ICT Budget Distribution in Malaysia, by Key Business Functions, 2022

For more insights on ICT business function investment in Malaysia, download a free sample

Enterprise ICT Budget Allocations by Type of ICT Project – 2021 & 2022

According to GlobalData’s survey, there has been a considerable growth in enterprise budgets for both new ICT projects as well as for maintenance of existing ICT systems and applications among Malaysia’s enterprises. The report shows by what proportion enterprises in Malaysia have changed the budget allocation for “existing ICT systems and applications” and “New ICT projects” in 2022 compared to 2021

Change in Enterprise ICT Budget Allocation: Existing Systems vs New ICT Projects – 2022

Change in Enterprise ICT Budget Allocation: Existing Systems vs New ICT Projects – 2022

For more insights on enterprise ICT budget allocation in Malaysia by project type, download a free sample

Malaysia Enterprise Digital Transformation Budget Allocations – 2021 vs 2022

According to GlobalData’s survey, there is a moderate increase in the share of the ICT budget allocated towards digital transformation in 2022 compared to 2021. The Malaysia enterprise ICT investment data highlights the change in the percentage of enterprises’ ICT budget that would be allocated for digital transformation in 2022 as compared to 2021 and offers a breakdown of the budget allocation change by following digital transformation areas.

  • Artificial intelligence & Machine Learning (AI and ML)
  • Automation/RPA
  • Internet of Things (IoT)
  • Edge Computing
  • Others

Enterprise ICT Budget Allocation for Digital Transformation, 2021 vs 2022

Enterprise ICT Budget Allocation for Digital Transformation, 2021 vs 2022

For more insights on Malaysia’s ICT digital transformation budget, download a free sample

Segment ICT Budget Allocation Trends – 2022 vs 2021

The report offers segmental budget allocation trends across 33 ICT products and services covering hardware, software, IT consulting, managed IT services, and network & communications segments.

According to GlobalData’s survey, the enterprise budget allocation across most of the hardware categories among Malaysia’s enterprises has witnessed a moderate increase in 2022 compared to 2021.

Annual Change in Malaysia Enterprise Hardware Budget Allocations

Annual Change in Malaysia Enterprise Hardware Budget Allocations

For more insights on segment ICT budget allocation in Malaysia, download a free sample

The survey also reveals a heightened focus on IT security in Malaysia. For instance, the survey data on Malaysia’s enterprise hardware budget allocation points toward more enterprises seeing a slight (1% to 6%) and significant (greater than 6%) increase in share towards security equipment in 2022 compared to 2021 than other hardware categories. In a similar vein, Malaysia’s enterprise software budget allocation points towards more enterprises seeing a significant increase in the security software category than other software categories in 2022 as compared to 2021 as per the survey data.

Besides Hardware, we also provide this level of information for

  • Software
  • IT Services
  • Consulting
  • Network & communication

Enterprise ICT Technology Spending Priorities in Malaysia – Future Outlook

The report offers forward-looking insights on the ICT spending priorities of enterprises in Malaysia across 140 technology areas within the following 18 categories:

  • Communication & Collaboration
  • Enterprise Network
  • Security
  • Storage
  • Edge Computing
  • Client Computing
  • Servers
  • Cloud Computing
  • Enterprise Mobility
  • Internet of Things (IoT)
  • Data and Analytics
  • Business Process Applications
  • IT Management
  • Application Development & Management
  • Data Center and Hosting
  • Business Process Outsourcing
  • Consulting and Integration Services
  • Outsourcing

Malaysia Enterprise Cloud Computing Investment Priority – Now vs Next Two Years

A large number of the respondents claimed that their enterprises will invest in Infrastructure-as-a-service (IaaS) in the next two years closely followed by the number of respondents confirming their plans to invest in software-as-a-service (SaaS) as well as platform-as-a-service (PaaS). Furthermore, among the cloud deployment models, the largest number of the respondents confirmed their plans to invest on a managed cloud, followed by the private cloud.

Cloud Computing Technology Investment Priority – Current vs Next Two Years

Cloud Computing Technology Investment Priority – Current vs Next Two Years

For more insights on Malaysia’s enterprise cloud budget allocation, download a free sample

Malaysia Enterprise ICT Investment Trends Overview

Analysis Period 2021-2022
Enterprise ICT Budget Allocations and Outlook Business Functions, Key Spending Areas (ICT Products & Services), and Existing vs New Systems
Key ICT Infrastructure Budget Allocation Areas Hardware, Software, ICT Services, Consulting, Network and Communication, Internal Development & Maintenance (Internal Costs), and

Others

Key Business Functions Production, Procurement & Operations, Sales, Marketing and Customer Relations, Finance & Accounting, Research & Development, and Human Resources & Legal
Enterprise ICT Budget Allocations on Cloud Computing Overall Cloud Computing Budget Allocation
Cloud Implementation Type Public Cloud, Private Cloud, Hybrid Cloud, Managed Cloud, Cloud Management Platform
Public Cloud Computing Budget Allocation IaaS, PaaS, SaaS
Enterprise ICT Budget Allocations on Digital Transformation Overall Digital Transformation Budget Allocation
Key Digital Transformation Areas Artificial Intelligence & Machine Learning, Automation/RPA, IoT, Edge Computing, and Others
Segment ICT Budget Allocations Hardware, Software, IT Consulting, Managed IT Services, and Network & Communications
Enterprise Technology Priorities and Spending Preferences Communication & Collaboration, Enterprise Network, Security, Storage, Edge Computing, Client Computing, Servers, Cloud Computing, Enterprise Mobility, Internet of Things (IoT), Data and Analytics, Business Process Applications, IT Management, Application Development & Management, Data Center and Hosting, Business Process Outsourcing, Consulting and Integration Services, and Outsourcing

Malaysia Enterprise ICT Investment Trends Report Scope

The survey-based report provides an overview of the following –

  • Enterprise ICT Budget Allocations – 2021 vs 2022: Overview of survey findings regarding changes in the enterprise ICT budget allocations in 2022 compared to the previous year overall and across key spending areas, business functions, and existing vs new systems.
  • Cloud & Digital Transformation Budget Allocations – 2022 vs 2021: Overview of survey findings regarding changes in the enterprise ICT budget allocations in 2022 compared to the previous year across cloud computing implementation, public cloud computing, digital transformation, and disruptive technologies.
  • Segment ICT Budget Allocations – 2022 vs 2021: Overview of survey findings regarding enterprise changes in ICT budget allocations 2022 compared to 2021 across the key ICT segments including software, hardware, IT consulting, managed IT services, and network & communications.
  • Future Outlook – Enterprise Technology Priorities: Overview of survey findings on enterprise investment priority for key technologies in current vs next two years
  • The survey was conducted in H1 2022 via an online methodology, with respondents all having ICT decision-maker responsibility (typically CIOs and IT Managers). GlobalData plans to repeat the survey in H1 2023, to monitor ICT budget changes on an ongoing basis.

Reasons to Buy

  • This survey report offers a thorough, forward-looking analysis of Malaysia’s Enterprise ICT Investment Trends and key ICT opportunities in a concise format to help executives build proactive and profitable growth strategies.
  • Accompanying GlobalData’s IT Customer Insight Survey, the report examines the ongoing and upcoming trends in enterprise IT spending within Malaysia.
  • With more than 50 charts, the report is designed for an executive-level audience, boasting presentation quality.
  • The report provides an easily digestible market assessment for decision-makers built around research gathered from the local IT decision-makers, which enables executives to quickly get up to speed with the current and emerging trends in Malaysia’s Enterprise ICT Spending.

Table of Contents

Table of Contents

Executive Summary

Key Findings

Survey Demographics

Enterprise ICT Budget Allocations – 2022 vs 2021

Cloud & Digital Transformation Budget – 2022 vs. 2021

Segment ICT Budget Allocation – 2022 vs 2021

Future Outlook Enterprise Technology Priorities

Appendix

Frequently asked questions

Malaysia Enterprise ICT Investment Market Trends by Budget Allocations (Cloud and Digital Transformation), Future Outlook, Key Business Areas and Challenges, 2022 thematic reports
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