Report Published: "Thailand Information Technology Report Q1 2015"

After a growth slowdown in 2013 and 2014 as economic and political uncertainty weighed on consumer and enterprise confidence, we expect IT market spending growth to accelerate in 2015. Over the medium term s trong growth is forecast across all IT segments mak ing the Thai IT market one of the largest and fastest growing in the region. Drivers such as high private final consumption and the economy's strong growth trajectory will support the market's expected expansion. In addition, fundamentals such as increasing connectivity and the falling price of devices are enabling a wider range of potential users to enter the market. We see strongest growth in product categories such as tablets, cloud computing, big data analytics, real-time business management systems and enterprise software adoption among SMEs.

Headline Expenditure Projections

* Computer Hardware Sales: THB106.8bn in 2014 to THB112.6bn in 2015, an increase of 5.4%. Desktop and notebook demand expected to stabilise while proliferation of tablet ownership will continue to be the primary growth driver.
* Software Sales: THB35.9bn in 2014 to THB38.9bn in 2018, an increase of 8.6%. Enterprise modernisation to drive enterprise software spending, but increased supply of SaaS will help to boost adoption rates among SMEs.
* IT Services Sales: THB50.1bn in 2014 to THB54.5bn in 2018, with a compound annual growth rate (CAGR) of 10.8%. We expect IT services will be the outperforming segment of the IT market as cloud computing demand drives growth.

Full Report Details at
- http://www.fastmr.com/prod/924301_thailand_information_technology_report_q1_2015.aspx?afid=301

Key Trends & Developments

The IMC Institute released the results of its Cloud Computing Readiness In Thailand 2014 report in October 2014, showing limited adoption, but strong growth potential for cloud services. The strongest adoption was occurring in the Infrastructure-as-a-Service and Software-as-a-Service markets, trends BMI expects to accelerate in 2015, while Platform-as-a-Service was also growing. The survey found the leading...

The Thailand Information Technology Report features Business Monitor International (BMI)'s market assessment and independent forecasts covering personal computers and software; semi-conductors, memory chips, integrated circuits and general components; the internet and IT solutions. It analyses analyses regulatory changes (licensing, customs and intellectual property protection) and competitive landscapes comparing IT companies by products, sales, market share, investments, projects and expansion strategies.

BMI's Thailand Information Technology Report provides industry professionals and strategists, corporate analysts, IT associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on the IT industry in Thailand.

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