Internet Bandwidth Demand Skyrockets By 20%, Says Malaysia Internet Exchange

The internet exchange said that the country has reached a record high of 2.311Tbps per second in 2023.
(credit: Freepik)

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In 2023, Malaysia Internet Exchange (MyIX) recorded a remarkable surge in demand for internet bandwidth, reaching a peak of 2.311 TeraBits (Tbps) per second.

This marked a 20% increase compared to the previous year and represented the highest level since its inception in 2006, as announced by Chairman Chiew Kok Hin, according to Digital News Asia.

Chiew highlighted that the findings indicate a substantial uptick in online activities across the country. MyIX, recognised as Malaysia’s largest internet exchange, operates under the purview of the Malaysian Communications and Multimedia Commission (MCMC), with a focus on enhancing network performance and maintaining localised internet traffic.

In response to the escalating demand, the MyIX Committee has opted to lower port prices effective 1 April 2024, offering discounts ranging from 10% to 20% off current rates.

For instance, the monthly cost for a 1Gbps port will decrease from RM500 to RM400, a 10Gbps port from RM2,000 to RM1,600, and a 100Gbps port from RM8,000 to RM7,200.

Chiew emphasised that the revised pricing places MyIX among the most competitively priced internet exchanges in the region.

He added that active peering members contribute value to the IX community, thereby supporting Malaysia’s objectives of enhancing internet speed, affordability, and accessibility, ultimately fostering digital inclusivity.

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