In 2024, the forecasted ICT value added in Indonesia stands at 7.45, down from the previous year's actual value of 7.67. This represents a year-on-year decrease of 2.87%. The trend continues downward over the next four years, with values of 7.23 in 2025 (a decrease of 3.0%), 7.01 in 2026 (a decrease of 3.05%), 6.81 in 2027 (a decrease of 2.85%), and 6.61 in 2028 (a decrease of 2.94%). The compound annual growth rate (CAGR) over this five-year period indicates an average annual decline of 2.74%.
Future trends to watch for include:
- Adoption of emerging technologies such as AI and IoT, which may boost productivity and create new growth opportunities.
- Government initiatives and investments in ICT infrastructure to stimulate growth.
- Impact of global economic conditions and trade policies on the ICT sector.
- Potential for increased digital transformation across industries in Indonesia.