Mega Trends in Malaysia : Top Mega Trends in Malaysia to 2025 and the Implications to Business, Society, and Culture
NEW YORK, May 5, 2015 /PRNewswire/ -- The research service sets the stage for visionary thinking by identifying and analyzing the various Mega Trends in Malaysia that will impact and shape the country's economy, society, and culture. For the purpose of this study, Mega Trends are categorized into urbanization, society, economy, technology, energy, infrastructure, mobility, health and wellness, and retail trends. This presentation also highlights examples of projects, companies, and technologies that will invade and change the business ecosystem in the country over the next decade. It also provides an analysis of the macro-to-micro implications of the Mega Trends on various industries in driving convergence of competition.
Top 10 Future Facts About Malaysia
Malaysia to have x million connected devices in 2025 with over x million mobile subscribers. Ninety-five percent of all netizens, or Internet users, will be active social network users, presenting a huge potential for digital marketing and eCommerce.
By 2020, x % of retail sales will be online, up from about x % in 2013. The future of retailing will involve an omni-channel approach, which will amalgamate all channels of retailing, creating a unique bricks and clicks model.
By 2025, Malaysia will have a working-age population of about 24 million, meaning that x % of the total population will be eligible for the labor force. This is the highest number in the Association of Southeast Asian Nations (ASEAN) after Indonesia. Women's labor force participation rate (LFPR) shall cross x %, up from 2013 rates around x %, signifying a larger role for the woman-based economy (she-conomy).
Manufacturing shall contribute about % to Malaysia's gross domestic product (GDP) until 2025, anchored by x manufacturing cluster regions—Penang, Johor, Selangor, and Sarawak—and x emerging hotspots.
Malaysia's population will continue to urbanize, with over x % of its population of x million expected to live in cities by 2025. The urbanization growth rate of Malaysia ( x %) will be the highest across the ASEAN region.
Rapid urbanization will result in the creation of 1 Mega City and Mega Region by 2025. The Mega City (Klang Valley) is expected to contribute US$ x billion ( x % of Malaysian GDP) in 2025, emphasizing the need for companies to approach the "city as a customer" and also to focus on investment opportunities outside of Klang Valley.
Investments in infrastructure worth US$ x billion are expected from 2013 to 2020, of which, rails and roads shall receive x %. These investments shall arise from various PPP (public-private partnership) projects, thus attracting more private investors.
The installed power capacity of Malaysia is forecasted to be x GW (gigawatts) in 2025, up from x GW in 2013. Coal will be the major contributor, accounting for about x %, while renewable energy shall account for x %.
Healthcare spending in Malaysia will be valued around US$ x billion in 2020,with the healthcare expenditure per capita rising from US$ x , currently, to about US$ x in 2020. The medical tourism and senior-living industry to witness a surge, and focus will shift from therapeutic to preventive care.
Malaysia plans to increase public transport use from current levels of x %, to x % in 2020 by providing seamless connectivity via monorail, light rail transit (LRT), mass rapid transit (MRT), high-speed rail, and bus rapid transit (BRT). This offers a basket of opportunities for mobility integrators and market participants specializing in smart cards, machine-to-machine (M2M), and cashless toll systems.
Connectivity and Convergence Trends
The Internet of Things (IoT) in Malaysia is expected to provide potential revenue of over US$ x billion over the next 10 years, with US$ x billion of this coming from the private sector.
Devices
• million connected devices by 2025
• million mobile devices by 2025
• connected devices for each user
•Smartphone penetration to rise exponentially from x % in 2013 to x % by 2025
Data
•Data traffic to reach x exabytes a month by 2020
•Mobile data traffic to reach x exabytes a month by 2020
•Average Internet speed to reach x Mbps by 2020
•Highest daily Internet usage in Southeast Asia
Connections
• million cellular connections by 2025
•Over x million fixed (wired) broadband connections by 2025
•Over x million 3G+ subscriptions by 2025
• % of 4G-LTE coverage by 2025
Read the full report: http://www.reportlinker.com/p02837193-summary/view-report.html
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