ForgeRock, a global digital identity leader listed on NYSE, announced its continued expansion across Asia and has made ForgeRock Identity Cloud available locally from two new data centers in Indonesia and Hong Kong.
According to Statista, the global digital identity solution market is projected to grow from 23.3 billion U.S. dollars in 2020 to 49.5 billion U.S. dollars in 2026. The rapid market growth is driven by increasing instances of identity frauds and data breaches and new government regulations.
By adding these two new data centers to the existing one in Singapore, ForgeRock enables large, multinational enterprises to deliver apps and services quickly to their customers locally and ensure crucial services like telehealth and mobile banking are secure. This expansion in Asia will also help enterprises meet important regulatory and compliance requirements around data sovereignty and data residency.
“Our continued investment in Asia addresses the need for cloud services across the region as organizations turn to digital transformation to grow their businesses. With this expansion, ForgeRock is bringing the patented security and data sovereignty of ForgeRock Identity Cloud and reliable cloud infrastructure to enterprise customers in the region who want to create digital experiences at Internet scale.” – Fran Rosch, CEO, ForgeRock
Many of Asia’s biggest brands are using ForgeRock to enable consumers and employees to safely access the connected world, including Standard Chartered Bank, BTPN Bank, Telekomsel, XL Axiata, Mobile Premier League (MPL), and Mox Bank.
