Thailand Information Technology Q4 2019
We have a positive outlook for the development of Thailand's IT market over the medium term, with sustained growthenvisaged. IT vendors are expected to benefit from opportunities created as the economy expands, and the private and publicsector modernises, which will drive strong growth in software and services solutions demand. The key risk factors are the potentialfor a sharp slowdown or recession in China to result in a drop in tourist numbers and slow Thai economic growth, or for US-Chinatrade tensions to result in a disorderly reorganisation of regional electronics supply chains.
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