Thailand Information Technology Report Q2 2016
BMI View: Our outlook is for steady growth in IT market spending in Thailand over the medium term,though we do acknowledge elevated regional economic uncertainty in the Q216 update could threaten thegrowth trajectory if there is a sustained deterioration in sentiment. Our core scenario is for a CAGR of6.4% over 2016-2020 to total spending of THB230.1bn in 2020. The key trend underpinning our relativelyrobust growth outlook is the expected strengthening of Thailand's household income profile that willdirectly drive retail PC spending growth, and support enterprise investment due to strong economicsentiment where cloud computing, outsourcing and smart services are expected to outperform.
Latest Updates & Industry Developments
Computer Hardware Sales: THB94.0bn in 2016 to THB109.1bn in 2020, a compound annual growthrate (CAGR) of 3.9%. Retail market an opportunity as income profile strengthens, with personal devicesales of notebooks and tablets expected to outperform.
Software Sales: THB16.2bn in 2016 to THB23.9bn in 2020, a CAGR of 8.8%. Software-as-a-serviceavailability is expected to boost adoption rates among Thailand's large base of small- and medium-sizedenterprises by lower costs and offering more flexible terms.
IT Services Sales: THB68.1bn in 2016 to THB97.1bn in 2020, a CAGR of 9.0%. As local enterprisesincrease outsourcing and cloud computing gains traction we expect IT services demand growth tooutperform.
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