New Market Research Report: Thailand Information Technology Report Q3 2016

From: Fast Market Research, Inc.
Published: Thu Jun 16 2016

A hard landing in China continues to cast a shadow over the regional economic outlook, but our core scenario for Thailand is an improvement in IT market dynamics over the medium term. We forecast IT spending will increase at a CAGR of 6.6 % over 2016-2020 to total spending of THB230.1bn in 2020. For the hardware segment improvements in Thailand's household income profile envisaged over the medium term will directly drive retail PC spending growth . Software and services will benefit indirectly from the stronger economic sentiment , and specific products such as cloud computing, outsourcing and smart services are expected to outperform as enterprises modernise and look to efficiency gains and cost savings .

Latest Updates & Industry Developments

Computer Hardware Sales: THB94.0bn in 2016 to THB109.1bn in 2020, a compound annual growth rate (CAGR) of 3.8%. After deferred spending in 2014 and 2015 there is significant growth potential as income profile strengthens from 2016, with personal device sales of notebooks and tablets expected to outperform.

Full Report Details at

Software Sales: THB16.2bn in 2016 to THB23.9bn in 2020, a CAGR of 10.2%. Enterprise modernisation and e-government initiatives should drive spending growth, while local industry development and low-cost SaaS could result in wider adoption by SMEs.

IT Services Sales: THB68.1bn in 2016 to THB97.1bn in 2020, a CAGR of 9.3%. As local enterprises increase outsourcing and cloud computing gains traction we expect IT services demand growth to outperform.

The Thailand Information Technology Report features BMI Research'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.

Key Benefits
Benchmark BMI's independent IT Industry forecasts for Thailand to test other views - a key input for successful budgetary and strategic business planning in the Thai IT market.
Target business opportunities and risks in Thailand's IT sector through our reviews of latest industry trends, regulatory changes, and major deals, projects and investments in Thailand.
Assess the activities, strategy and market position of your competitors, partners and clients via our Company Profiles (inc. KPIs and latest activity).


BMI Industry View

About Fast Market Research

Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget.

For more information about these or related research reports, please visit our website at or call us at 1.800.844.8156 (1.413.485.7001 Int'l)

You may also be interested in these related reports:

- Indonesia Information Technology Report Q3 2016
- Turkey Information Technology Report Q3 2016
- South Africa Information Technology Report Q3 2016
- Argentina Information Technology Report Q3 2016
- Venezuela Information Technology Report Q3 2016

Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email:
Contact Phone: 1-413-485-7001

Visit website »