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Content developers face hurdles

Malaysia has the potential to prosper in the global digital content market, said Venture capitalist Malaysia Debt Ventures (MDV) Bhd.

It said the market is estimated to grow to US$644bil (RM2.25 trillion) within the next three years, which makes getting a slice of it a worthwhile goal.

The country has 125 digital-content companies, including animation studios, design houses and games developers, said MDV.

Twenty of these, it said, are world-class companies that are more than able to compete with their international rivals.

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About Kugan

Kugan is the founder of MalaysianWireless. He has been observing the mobile industry since 2003. Connect with him on Twitter: @scamboy