Market Insights Technology IT Services IT Outsourcing

Web Hosting - Indonesia

Indonesia

Revenue in the Web Hosting market is projected to reach €0.60bn in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 20.27%, resulting in a market volume of €1.51bn by 2029.
The average Spend per Employee in the Web Hosting market is projected to reach €4.22 in 2024.
In global comparison, most revenue will be generated in the United States (€54,060.00m in 2024).

Key regions: Germany, China, United States, United Kingdom, Italy

Mercado

Región

Comparación de regiones

Moneda

Analyst Opinion

The demand for web hosting services in Indonesia has been on the rise in recent years.

Customer preferences: Indonesian customers prefer web hosting services that are affordable, reliable, and provide good customer support. They also prefer services that are easy to use and offer a wide range of features.

Trends in the market: One of the major trends in the Indonesian web hosting market is the increasing adoption of cloud hosting services. This is driven by the growing demand for scalable and flexible hosting solutions that can accommodate the needs of businesses of all sizes. Another trend is the increasing popularity of managed hosting services, which provide customers with a hassle-free hosting experience by taking care of all the technical aspects of hosting.

Local special circumstances: Indonesia is a large and diverse country with a rapidly growing digital economy. However, the country also faces several challenges, including poor internet infrastructure in some areas, a lack of skilled IT professionals, and a relatively low level of digital literacy among the population. These factors can make it more difficult for web hosting providers to reach and serve customers in some parts of the country.

Underlying macroeconomic factors: The Indonesian economy has been growing steadily in recent years, with a strong focus on developing the country's digital infrastructure. This has created a favorable environment for web hosting providers, as more businesses and individuals look to establish an online presence. Additionally, the government has implemented several initiatives aimed at promoting the growth of the digital economy, including tax incentives for tech startups and investments in digital infrastructure. These factors are expected to continue driving the growth of the web hosting market in Indonesia in the coming years.

Methodology

Data coverage:

The data encompasses B2G, B2B, and B2C enterprises. Figures are based on enterprises' technology spending on products, consulting, and outsourcing services.

Modeling approach / Market size:

Market sizes are determined through a combined top-down and bottom-up approach, building on a specific rationale for each market segment. As a basis for evaluating markets, we use annual financial reports of key players in the industry, Statista's primary research and surveys, and IT associations. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, internet users, and telecommunication. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the exponential trend smoothing method is used based on the market data characteristics. The main drivers are the GDP and its sector composition, internet penetration, the level of digitization, and the attitude toward IT security.

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 and the Russia-Ukraine war is considered at a country-specific level.