Thailand ICT Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Thai ICT Market is Segmented by Type (Hardware, Software, IT Services, and Telecommunication Services), Size of Enterprise (Small and Medium Enterprise and Large Enterprise), and Industry Vertical (BFSI, IT & Telecom, Government, Retail, and E-commerce, Manufacturing, Energy and Utilities and Other Industry Vertical). The market sizes and forecasts are provided in terms of value in USD million for all the above segments.

Thailand ICT Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Thailand ICT Industry Overview

The Thai ICT market is fragmented, with many players operating in the market. Several key players in the ICT market are in constant efforts to bring advancements. A few prominent companies are entering into collaborations and expanding their footprints in developing regions to consolidate their positions in the market. The major players are IBM, Huawei Technologies, Cisco Systems, Dell Technologies, Amazon, and many others.

  • In February 2022, Amazon Web Services (AWS) signed an MOU with the Ministry of Digital Economy and Society of Thailand (MDES) to bring digital transformation to Thailand.
  • In May 2022, SAP announced its plans to accelerate cloud transformation for organizations in the private and public sectors to increase efficiency, flexibility, and agility.

Thailand ICT Market Leaders

  1. Cisco Systems

  2. IBM

  3. Huawei Technologies

  4. Dell Technologies

  5. Amazon

  6. *Disclaimer: Major Players sorted in no particular order
Thailand ICT Market Concentration