Various initiatives by the Indonesian Government are driving IT growth in the region. The market™s 15% growth rate was primarily driven by tax benefits, waiver of import duty and increased investments by the government. Moreover strategies to counter attack low computer and internet penetration are expected to provide further impetus to market growth.
The various government initiatives have also been attracting foreign investment into the country. Several global players have begun setting up offices in Indonesia.
TechNavio™s analyst says, After some initial reluctance the manufacturing sector has begun to increasingly adopt ERP and CRM software. SAP in particular has seen a large number of takers from the Indonesian manufacturing sector.
According to TechNavio, the IT market in Indonesia is forecast to reach $ 30,171 million in 2014 growing at a CAGR of 15%. Currently communication accounted for the largest share of the market at 76%.
TechNavio has published a report on this subject titled IT Market in Indonesia. This report has been prepared based on a study of the Indonesian IT market. Inputs from industry experts, vendors and end-users were used in the analysis. The report includes a market size estimate and forecast, market landscape based on segments along with trends, challenges and drivers.
Please visit: https://www.technavio.com/content/it-market-indonesia-2010-2014 for more details.
Initiatives by Indonesian Government are Driving IT Growth
