Indonesia is a well known vacation escape but did you know that it has become the largest spender towards the IT sector amongst the Southeast Asian countries? This amazing group of islands is ranked third in terms of e-market expansion and expenditure that is soon expected to reach IDR 151.4 trillion as the country prepares to catapult itself into the global e-market space. Many e-commerce companies have home bases in Indonesia which has proved them beneficial. These companies are now beginning to investigate expansion options.
Not only physically but also in terms of infrastructure, these companies gain a hassle free path when the infrastructure and all the related responsibilities that come along with it are cared for by Oxtrys.
Made up of 17,000 islands in the South Pacific, Indonesia is known for its diverse culture and language. It is also known for its fastest growth rate amongst SouthEast Asian Nations. Much like every other country the market and its growth rate has suffered yet there is one line that has been holding steady if not declining. Cloud computing market has been in demand all over the world for better disaster management and easier bounce back circumstances of the future.
This demand has turned the tide of progress even in the face of pandemic. The country is on the rise to become a well established IT hub. The expected growth in 2020 was tampered by the COVID outbreak, just like any other industry but shockingly, the expected rise is still believed to come about as companies and the government together are taking positive steps towards advancement of the country in technological sectors.
The stats speak of the expected rise to have fallen to 7.1% opposed to the expected 7.5% growth before the pandemic which is a better margin compared to the impact on other South Asian Countries. Some of it amounts to the employability factor which was earlier a major roadblock but with the rise of remote working has seen a new growth. According to a survey conducted by GlobalData, the public sector in the cloud computing market is said to hold a large part of this growth.
Ever since the dependability shifted from physical to virtual, every e-marketplace is expecting a boom to some measure. The IT sector is one among them, leading the charge. Nonetheless, the year has only started and there is still much more to come in favor of Indonesia.