Indonesia Cybersecurity Market Report and Forecast 2032

Lily Desouza30 Jun, 2025Business

The Indonesia Cybersecurity Market is anticipated to register a CAGR of around 23.6% during the forecast period, i.e., 2024-32. Also, the market size is valued at nearly USD 1.2 billion in 2023. Growing frequency & sophistication of cyberattacks are just one of the major aspects influencing the market expansion. The need for cybersecurity measures is being accelerated by the rising reliance of various industries, like banking, healthcare, and manufacturing, on digital technology, which is infusing the industry expansion. Increasing awareness of data privacy issues among both individuals & corporations lends further additional support. In addition, new avenues for market expansion are being opened up by the widespread adoption of IoT (Internet of Things) devices and the rising digital footprint of companies. Further contributing aspects to the nation’s improving outlook are the swift adoption of cloud computing and the growing digitization of vital infrastructure.