indonesia

INDONESIA

overview

Industry 4.0 has great potential in Indonesia due to its large population and high number of smartphone and internet users. A study by McKinsey in 2018 found that almost 78% of Indonesian companies were aware of Industry 4.0, which is second only to Vietnam. Interestingly, countries like Singapore, Malaysia, and Thailand have lower rates of Industry 4.0 awareness than Indonesia.

Industry 4.0 will contribute approximately US$121 billion to Indonesia’s GDP if appropriately executed by 2025. It may also help Indonesia earn up to US$150 billion annually by 2025.

the pillars

BALI CONFERENCE 2024

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