Indonesia Software Development Market - Forecast (2023 - 2028)

Indonesia declared the realization of the digital economy as a national industrial policy goal as it entered the second presidential government and policies and investments are in progress to support the establishment of ICT infrastructure to achieve this. A representative state-led ICT infrastructure project is the Palapa Ring project, a 13,000-kilometer-long telecommunications network that connects Indonesia's western region through central and eastern regions and the government spent 32 trillion rupiahs (about $2.27 billion) to complete it.

Currently, Indonesia's data center industry is concentrated in Jakarta, the capital region. The business side of the regional data center is expected to reach 198.5 MW by 2025 and is estimated to reach up to 236,3 MW at the maximum. Recently, the size of the Indonesian data center market is forecast to grow further as data construction has been promoted around Batam, Labuan Bajo and various new cities. The Indonesia Software Development market is analyzed to be EUR 4,220 million in 2021 and is projected to reach EUR 5,878 million in 2027, growing at a CAGR of 5.85 % during the forecast period of 2022-2027.



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