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Indonesia’s ICT spending to hit US$29.5bil in 2020: IDC

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Indonesia’s ICT spending to hit US$29.5bil in 2020: IDC By Masyitha Baziad | Jan 20, 2017 Majority of the country’s IT spending still goes to devicesIT spending alone will reach US$11.9 billion in 2020

US-BASED research firm International Data Corporation (IDC) Indonesia reported that the country’s information and communication technology (ICT) spending will increase 16% to Rp394 trillion (US$29.5 billion) in 2020, from the 2017’s prediction of Rp339 trillion (US$25.4 billion). The information technology (IT) spending alone, excluding communication spending will reach Rp159 trillion (US$11.9 billion) in 2020, increase 24.2% from the 2017’s prediction of Rp128 trillion (US$9.6 billion).            The majority of the country’s IT spending goes to devices, such as smartphones, PCs, and tablets, which will reach Rp106 trillion (US$7.9 billion) in 2020, a 15.2% increase from an estimated Rp92 trillion (US$6.9 billion) in 2017. “Indonesia’s IT spending is always driven by consumers rather t…