Thailand Information Technology Report Q3 2014 is a new market research publication announced by Reportstack. Thailand's IT market has been negatively impacted by the economic and political environment. Political tensions, high household debt and baht depreciation all weigh on our forecast in
2014, but we expect the situation to improve markedly from 2015. Over the medium term strong growth is forecast across all IT segments makes 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: THB157.4bn in 2014 to THB190.7bn in 2018, with CAGR of 4.9%. Desktop and notebook demand will stabilize while tablet demand will continue to grow robustly, boosted by the increasing variety of low-cost tablets reaching the market.
To view the table of contents and know more details please visit Thailand Information Technology Report Q3 2014.