Forecasting of Indonesian Digital Economy based on Available New Start-up

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Author(s)

Taufik Hidayat 1,* Rahutomo Mahardiko 2 Ali Miftakhu Rosyad 3

1. Department of Computer Engineering, Universitas Wiralodra, Indramayu, Indonesia

2. Department of Software Service, Platinumetrix Pte. Ltd, Jakarta, Indonesia

3. Department of Islamic Education, Universitas Wiralodra, Indramayu, Indonesia

* Corresponding author.

DOI: https://doi.org/10.5815/ijieeb.2023.02.02

Received: 30 Jun. 2022 / Revised: 14 Aug. 2022 / Accepted: 31 Oct. 2022 / Published: 8 Apr. 2023

Index Terms

Digital economy, Start-up, Income forecast, Markov chain Method

Abstract

Since the last 5 years, digital economy is growing steadily in Indonesia. Right now, the digital economy faces some potential problems and Covid-19 pandemic. This paper presents current data of the national Gross Domestic Product (GDP) and other GDPs (billion IDR) and the number of start-up, and predicts near some categories of future GDP and numbers of available new start-up for the next few years. The forecast will use Markov chain analysis. The results indicate that, while there are problems faced by the digital economy industry, the GDP and numbers of start-up are significantly increasing.

Cite This Paper

Taufik Hidayat, Rahutomo Mahardiko, Ali Miftakhu Rosyad, "Forecasting of Indonesian Digital Economy based on Available New Start-up", International Journal of Information Engineering and Electronic Business(IJIEEB), Vol.15, No.2, pp. 11-19, 2023. DOI:10.5815/ijieeb.2023.02.02

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