This article looks at the Malaysia security market, sectors that are especially booming and challenges and opportunities the market faces.
Malaysia’s security market is expected to register growth this year, albeit small amid a sluggish economy. Security demand is driven chiefly by government and private investments in sectors such as transportation, education and data centers. This article looks at the
Malaysia security market,
sectors that are especially booming and challenges and opportunities the market faces.
Macroeconomic conditions
Compared to 2022, Malaysia’s economic performance for 2023 was somewhat lackluster. According to the Central Bank of Malaysia, the 2023 gro...