Indonesia Ict Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
The Indonesian ICT Market is expected to register a CAGR of 8.2% for the next five years. The country would become more prepared for the digital era due to the increased use of ICT infrastructure. ICT growth in Indonesia is regarded as the start of a more optimistic future, and Indonesia would be one of the most promising ICT markets in South East Asia.
Key HighlightsIndonesia's ICT market is at a fragmented stage as the market currently consists of many players. Several key players in the ICT market are in constant efforts to bring advancements. A few prominent companies are entering into collaborations and expanding their footprints in developing regions to consolidate their positions in the market. The major market players include The International Business Machines Corporation (IBM), NTT Data, Fujitsu, Telkom Indonesia, and Indosat Ooredoo.
In July 2022, the Telkom Indonesia group of companies unveiled its partnership with Edgecore, one of the market leaders in network solutions, for the opening of a demonstration lab in Indonesia to facilitate open, disaggregated solutions. Edgecore offered to participate in and sponsor the demonstration lab in Indonesia to demonstrate its strong support for open networking.
In April 2022, NTT announced the opening of a high-tech data center in Jakarta. To serve the expanding digital economy in Southeast Asia, NTT launched the biggest data center in Indonesia, expanding its hyperscale data center presence there.
Additional Benefits:Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook