Platform as a Service - Indonesia

  • Indonesia
  • Revenue in the Platform as a Service market is projected to reach €578.80m in 2024.
  • Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 21.70%, resulting in a market volume of €1,545.00m by 2029.
  • The average spend per employee in the Platform as a Service market is projected to reach €4.08 in 2024.
  • In global comparison, most revenue will be generated in the United States (€84,400.00m in 2024).

Key regions: United States, Italy, Australia, Netherlands, Japan

 
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Analyst Opinion

The Platform as a Service market in the Public Cloud market of Indonesia is experiencing rapid growth due to the country's elevated growth rate and increasing adoption of digital technologies. This is fueled by the convenience of online health services and a growing health awareness among consumers.

Customer preferences:
The rise of remote work and virtual collaboration has accelerated the adoption of Platform as a Service (PaaS) solutions in Indonesia. With the country's large population and geographical spread, businesses are turning to cloud-based platforms for enhanced efficiency and cost savings. Additionally, there has been a growing demand for data security and privacy, which PaaS providers are addressing through robust security features and compliance certifications. This trend is also influenced by the increasing use of digital platforms for e-commerce and online transactions, further driving the demand for PaaS in the public cloud market.

Trends in the market:
In Indonesia, the Platform as a Service Market within the Public Cloud Market is experiencing a surge in demand for cloud-based solutions, as businesses shift towards digital transformation. This trend is driven by the increasing adoption of AI and IoT technologies, as well as the need for cost-effective and scalable solutions. The significance of this trend lies in its ability to provide businesses with the agility and flexibility to rapidly innovate and meet changing market demands. For industry stakeholders, this trend presents opportunities for growth and expansion, but also poses challenges in terms of data security and regulatory compliance. Going forward, the trajectory of this trend is likely to continue, with the potential to disrupt traditional business models and drive further adoption of cloud-based services in Indonesia.

Local special circumstances:
In Indonesia, the Platform as a Service Market within the Public Cloud Market is seeing significant growth due to the country's rapidly expanding digital economy. With a large population of tech-savvy consumers and a government push for digital transformation, the demand for PaaS solutions has increased. Additionally, Indonesia's unique geography, with thousands of islands, has led to a high demand for cloud-based services that can connect remote areas to the digital world. Furthermore, the country's regulatory environment, which promotes foreign investment and innovation, has created a favorable market for PaaS providers.

Underlying macroeconomic factors:
The growth of the Platform as a Service Market within the Public Cloud Market in Indonesia is heavily influenced by macroeconomic factors such as government initiatives to promote digital transformation, increasing investment in technology infrastructure, and favorable regulatory policies. These factors have created a conducive environment for the adoption of cloud-based services, leading to the growth of the market. Additionally, the increasing demand for cost-effective and scalable solutions, coupled with the growing digital economy in Indonesia, is further fueling the growth of the Platform as a Service Market within the Public Cloud Market.

Methodology

Data coverage:

The data encompasses B2B and B2C enterprises. Figures are based on the money spent at manufacturer price level (excluding VAT).

Modeling approach / Market size:

The segment size is determined through a top-down approach. We use financial statements such as annual reports, quarterly earnings, and expert opinions to analyze the markets. To estimate the segment size for each country individually, we use relevant key market indicators and data from country-specific industry associations, such as GDP and level of telecommunications infrastructure.

Forecasts:

We use a variety of forecasting techniques, depending on the behavior of the relevant segment. The main drivers are the GDP and the level of digitization.

Additional notes:

The data is modeled using current exchange rates. The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level.

Vue d’ensemble

  • Revenue
  • Key Players
  • Analyst Opinion
  • Global Comparison
  • Methodology
  • Key Market Indicators
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