Market Share of Indonesia Cybersecurity Industry
The Indonesia cybersecurity market is moderately 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.
- May 2021 - Gojek, a multi-service platform and digital payment technology group, announced its merger with Tokopedia to develop the largest internet company in Indonesia.
- February 2021 - Microsoft announced its Berdayakan Ekonomi Digital Indonesia initiative in the Indonesian region by establishing its first data center in the country. It is a significant investment that will help advance the country's growth and digitalization. This initiative will also help empower the locals by opening up employment opportunities.
- January 2021 - PT Synnex Metrodata Indonesia ("SMI"), one of a subsidiary of Metrodata Group that focuses on Information and Communication Technology ("ICT"), announces its strategic partnership as an Authorized Distributor of Indeed Identity PTE LTD ("Indeed Identity"), a cybersecurity software vendor. This partnership will expand Cybersecurity Software Market in Indonesia.
Indonesia Cybersecurity Market Leaders
IBM Corporation
Cisco Systems, Inc.
FUJITSU
Dell Technologies Inc.
Intel Corporation)
*Disclaimer: Major Players sorted in no particular order
