Y&S Podcasts: Trends and Opportunities in Hot Industries

Consumer IOT Development in Indonesia

Spire Research and Consulting

From smart homes to wearable tech, the Internet of Things (IoT) - networks of physical objects connected to others over the Internet - is transforming everyday life in Indonesia. The market is projected to leap from US$1.88 billion in 2024 to US$4.80 billion by 2029, growing at an impressive 20.62% a year!

 

What’s driving this growth? Rising smartphone penetration, urbanization, and government support are paving the way for smarter, more connected solutions. But challenges like data privacy concerns and infrastructure gaps remain key hurdles to overcome.

 

Watch Y&S in Minutes where Y&S Consultant Muhammad Reza Luthfie takes you through the booming IoT market in Indonesia and its exciting future.

 

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