MALAYSIA’S DIGITAL ECONOMY LANDSCAPEYasmin Mahmood

CEO, Malaysia Digital Economy Corporation

16th November 2018

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201

• Active Internet users - 25 million

(79% penetration)

• Active Social Media Users - 24 million

(75% penetration)

• Mobile Social Media Penetration –

69% penetration & ranked 6th (Behind UAE

(92%), S. Korea, Taiwan, S’pore & HK (70%)

Source: wearesocial.sg,https://digitalreport.wearesocial.com/

2018

22 million users 60% more friends than global average

Ranked 8th at 35% penetrationBehind Sweden (1st at 47%), Spore (3rd at 38%),Hong Kong (6th at 35%)

MALAYSIA THE PERFECT TEST BED

Youth Population Malaysia’s total population is 33M with median age of 28 yrs old

Malaysia

Japan

India

Middle East

Malaysia as Regional Digital

Hub to penetrate

Middle East & India market

GATEWAY TO ASEAN and beyond

REGIONAL GROWTH FROM MALAYSIA

Malaysia Digital Economy Corporation

4

o Collective Intelligence & Command Centre (CnC), first of its kindo The “nerve centre” of worldwide banking technology & business

operation

HIGH IMPACT OPERATIONS IN MALAYSIA

FAST GROWING IN SEA’s BOOMING MARKET

• A learning analytics company from

Norway

• Re-domiciled from Norway to Malaysia

• Market Presence in SEA, Middle East &

India

PROPELLING MALAYSIAN DRONE TECHNOLOGY TO THE WORLD

• Artificial Intelligence (AI)-driven drone basedtotal managed solution provider

• Ranked 7th globally by Drone Industry

Insights

• Market Presence in 20 countries including

Australia, Japan, Singapore, Brunei, USA, UAE,Chile, Denmark and the United Kingdom

Malaysia counts on tech to boost manufacturing

Source: Launching Ceremony National Policy On Industry 4.0 ,31 Oct 2018

Industry4WRD: The National Policy on Industry 4.0

MALAYSIA: A NEW DAWN

Accelerate the growth of

Digital Tech Entrepreneurship

Widespread Digital Adoption

High Quality world

class infrastructure

at affordable prices

Tech Talent

development

Digital ID, Open Data and Open APIs

Development of

platforms & enablers

that support the growth of the digital economy

Increased

cybersecurity

vigilance

Legislation, policies

and industry structures

2

1OUTCOMES

YB Gobind Singh,

Communications & Multimedia Minister

Source: Malaysia A New Dawn 2018 Conference,9 Oct 2018

mdec.com.my @YasminMDEC @Yasmin.Mahmood

Close collaboration with MAJECA-JAMECA in supporting Japanese Digital Tech Companies to expand into ASEAN