Import Of Telephone And Telecommunications Equipment Companies in Malaysia

The telecommunications equipment market in Malaysia is expected to grow at a CAGR of over 5% during the forecast period of 2020-2025. The major drivers for the growth of the market are the increasing mobile penetration, rising demand for high-speed broadband, and favorable government initiatives.

The mobile penetration in Malaysia is expected to reach 133.8% by 2025. The rising mobile penetration is attributed to the growing number of mobile subscribers and the increasing use of mobile phones for internet access. The mobile phone companies are investing in the expansion of their 4G networks to cater to the rising demand for high-speed broadband.

The government of Malaysia is investing in the development of the country's ICT infrastructure. The government's initiatives such as the National Fiberisation and Connectivity Plan (NFCP) and the High-Speed Broadband (HSBB) project are expected to boost the growth of the telecommunications equipment market in Malaysia.

The major players in the telecommunications equipment market in Malaysia are Ericsson, Huawei, ZTE, and Nokia. These companies are investing in the research and development of new technologies to gain a competitive edge in the market.