How big is the Indonesia Cloud Market?

The Indonesia Cloud Market size is expected to reach USD 2.13 billion in 2024 and grow at a CAGR of 14.52% to reach USD 4.21 billion by 2029. Read More

What is the current Indonesia Cloud Market size?

In 2024, the Indonesia Cloud Market size is expected to reach USD 2.13 billion. Read More

Who are the key players in Indonesia Cloud Market?

Microsoft Corporation Inc, IBM Corporation, Amazon Web Services, Google Inc and Alibaba Group Holdings Limited are the major companies operating in the Indonesia Cloud Market. Read More

What years does this Indonesia Cloud Market cover, and what was the market size in 2023?

In 2023, the Indonesia Cloud Market size was estimated at USD 1.82 billion. The report covers the Indonesia Cloud Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Indonesia Cloud Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Indonesia Cloud Market Size & Share Analysis - Industry Research Report

Indonesia Cloud Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Indonesia Cloud Market Report is Segmented by Type (Public Cloud (Saas, Paas, Iaas) and Private Cloud), by Organization Size (SMEs and Large Enterprise), by End User Industry (IT and Telecom, BFSI, Retail and Consumer Goods, Manufacturing, Healthcare and Life Sciences, Government, and Other End User Verticals), by Region (Java, Sumatra, Kalimantan, and Other Regions). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

Indonesia Cloud Industry Overview

The Indonesia Cloud market exhibits a semi consolidated featuring several key players, including many more. These companies actively engage in strategic partnerships and product development initiatives to expand their market presence.

In November 2023, Circles, a technology firm, has rapidly deployed its Circles X telco-as-a-service solution in Indonesia, guided by Google Cloud’s DevOps Research and Assessment (DORA) metrics. This rapid deployment was made possible with the infrastructure-as-code protocol enabled by Google Kubernetes Engine (GKE) and other critical Google Cloud-managed services like CloudSQL, DataProc, Filestore, Cloud CDN, Pub/Sub, and Cloud Storage. Building the digital telco offering on GKE helped Circles and the Indonesian MNO save significantly on costs, eliminate dependencies, and improve developer efficiency and deployment frequency for faster go to market.

In July 2023, Tencent Cloud, the China-based tech group's cloud business, announced a collaboration with Allo Bank, one of Indonesia's most prominent digital banking platforms, to boost digital banking in the country. In this strategic agreement, Allo Bank will leverage Tencent Cloud's local market knowledge and technology solutions that can help scale and streamline the digital banking platform.