Indonesia Cybersecurity Market Share

Market Share of Indonesia Cybersecurity Industry

The Indonesian cybersecurity market is fragmented and competitive, with few international and regional players. Innovation can bring about a sustainable, competitive advantage to these firms. New fields, such as big data and IoT, are reshaping security trends, and the firm concentration ratio is expected to record higher growth during the forecast period. Some of the major players include IBM Corporation, Cisco Systems Inc., and Dell Technologies Inc.

• November 2023: Palo Alto Networks introduced Strata Cloud Manager, the industry's first AI-powered zero trust management and operations solution. With these innovations and over 4,400 machine learning models, Palo Alto Networks is well-positioned to prove the combination of AI and zero trust can best protect today's customer needs.
• October 2023: IBM announced the launch of its new managed detection and response service offerings with new AI technologies. The new threat detection and response services (TDR) provide 24-hour monitoring, investigation, and automated remediation of security alerts from all relevant technologies across the client's hybrid cloud environments.

Indonesia Cyber Security Market Leaders

1. IBM Corporation

2. Cisco Systems, Inc.

3. Dell Technologies Inc.

4. Intel Corporation)

5. FUJITSU Ltd

*Disclaimer: Major Players sorted in no particular order