The Indonesian IT services market was valued at USD 4.51 billion in the previous year and is expected to register a CAGR of 12.35%, reaching USD 9.07 billion by the next five years. IT services enable businesses to access the technical information for operational processes and daily tasks. IT expert teams manage these services for organizations across various industries. The increased IT spending, cloud-based offerings, and improvements in the IT infrastructure have bolstered the demand for IT services in Indonesia.
The Indonesian IT services market is fragmented because of the presence of several companies. Some key players are Accenture, Microsoft, Hewlett Packard Enterprise Development LP, Fujitsu Toshiba IT-Services Corporation, Kharisma, TDCX, ABeam Consulting Ltd, Xapiens Teknologi Indonesia, and Cloud4C, etc. Key players in this market are introducing innovative solutions and forming partnerships and collaborations to gain competitive advantages.
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