Report Published: "Thailand Information Technology Report Q2 2015"

From: Fast Market Research, Inc.
Published: Wed Apr 01 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. We forecast an IT market spending growth CAGR of 6.7% 2015-2019, with total value forecast to reach THB225.4bn in 2019. 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.

Full Report Details at

Headline Expenditure Projections

* Computer Hardware Sales: THB88.8bn in 2014 to THB93.5bn in 2015, an increase of 5.4%. Desktop and notebook demand expected to return to growth, offsetting a contraction in tablet volumes after the boom of 2011-2014.
* Software Sales: THB15.3bn in 2014 to THB16bn in 2015, an increase of 4.1%. Growth expected to slow from 2014 when demand was supplemented by OS upgrade sales following the withdrawal of Microsoft support for XP. However, enterprise modernisation to support growth of enterprise software spending, and increased supply of SaaS will help to boost adoption rates among SMEs.
* IT Services Sales: THB59.1bn in 2014 to THB64.9bn in 2015, an increase of 9.8%. We expect IT services will be the outperforming segment of the IT market as cloud computing demand drives growth.

Key Trends & Developments

After PC sales growth was hit by the domestic political and economic uncertainty in 2013 and 2014 BMI expects the desktop and notebook markets to move to a higher growth...

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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Contact Name: Bill Thompson
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