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IT Consulting & Implementation - Thailand

Thailand
  • The IT Consulting & Implementation market in Thailand is expected to witness a significant growth in revenue, with projections indicating a staggering amount of US$131.89m in 2025.
  • This market segment is anticipated to exhibit a steady annual growth rate (CAGR 2025-2029) of 5.05%, leading to a substantial market volume of US$160.59m by 2029.
  • Furthermore, it is worth noting that the average Spend per Employee in the IT Consulting & Implementation market in Thailand is projected to reach US$3.28 in 2025.
  • This indicates the level of investment and expenditure within the industry, which is expected to contribute to its growth and development.
  • In a global context, it is interesting to observe that United States is projected to generate the highest revenue in the IT Consulting & Implementation market, amounting to an impressive US$28.39bn in 2025.
  • This highlights the dominant position of the United States in terms of market share and financial performance within this industry.
  • Overall, the IT Consulting & Implementation market in Thailand is poised for significant growth, and with its potential to generate substantial revenue, it presents a promising opportunity for businesses operating in this sector.
  • Thailand's IT Consulting & Implementation market is experiencing rapid growth due to increased demand for digital transformation solutions among local businesses.

Definition :
The IT Consulting & Implementation market refers to advisory services provided by professionals and firms that help businesses evaluate their technology strategies and align them with their business strategies or internal processes. IT consulting and implementation services help organizations leverage technology effectively to streamline operations, improve efficiency, enhance security, and achieve their business objectives. Consulting areas include the overall strategy, technology architecture, and implementation. Any non-IT-related business consulting and implementation services are excluded from this analysis.

Additional Information:

The IT Consulting & Implementation market comprises revenues, revenue change, average spend per employee, and a list of the key players in the market and their consolidated revenues. Market values represent revenues that are generated by primary vendors either directly or through distribution channels at the manufacturer price level (excluding VAT). Reported market revenues include spending by enterprises (B2B) and governments (B2G). Detailed definitions of each market can be found on the respective page where the market data is displayed. Key players in the market include Accenture, IBM, Cognizant, TCS, and Infosys.

For more information on the data displayed, use the info button right next to the boxes.

In-Scope
  • IT consulting on general strategy, such as McKinsey & Company, Infosys Consulting, and BCG (Boston Consulting Group)
  • IT consulting on technology architecture, such as Cognizant Technology Solutions, Atos, and HCL Technologies
  • IT consulting on implementation, such as Wipro Technologies, Tata Consultancy Services (TCS), and Deloitte
Out-Of-Scope
  • Business process outsourcing, such as IBM, Infosys, and NTT Data
  • IT outsourcing, such as Capgemini, Cognizant, and Fujitsu
  • Human Resources Consulting, such as PwC (PricewaterhouseCoopers), Willis Towers Watson, and Aon
  • Financial Consulting, such as Bain & Company, KPMG, and Oliver Wyman
  • Non-IT Business Consulting
IT Consulting & Implementation: market data & analysis - Cover

Market Insights report

IT Consulting & Implementation: market data & analysis
Study Details

    Revenue

    Notes: Data was converted from local currencies using average exchange rates of the respective year.

    Most recent update: Apr 2024

    Source: Statista Market Insights

    Notes: The chart “Comparable Estimates” shows the forecasted development of the selected market from different sources. Please see the additional information for methodology and publication date.

    Most recent update: Apr 2024

    Notes: Data was converted from local currencies using average exchange rates of the respective year.

    Most recent update: Apr 2024

    Source: Statista Market Insights

    Key Players

    Most recent update: Dec 2024

    Source: Statista Market Insights

    Analyst Opinion

    The IT Consulting & Implementation market in Thailand has been steadily growing in recent years, driven by various factors such as increasing demand for digital transformation, rising adoption of cloud computing, and the government's push towards a digital economy.

    Customer preferences:
    Thai businesses are increasingly seeking IT consulting and implementation services to help them navigate the complex digital landscape. With the rise of e-commerce and digital marketing, companies are looking for ways to optimize their online presence and improve customer engagement. Additionally, the COVID-19 pandemic has accelerated the adoption of digital technologies, leading to increased demand for IT consulting and implementation services.

    Trends in the market:
    One of the key trends in the IT Consulting & Implementation market in Thailand is the growing demand for cloud computing services. As more businesses shift their operations online, the need for scalable and flexible cloud solutions has become increasingly important. This has led to the emergence of cloud consulting and implementation services, which help businesses migrate to the cloud and optimize their cloud infrastructure.Another trend in the market is the increasing adoption of artificial intelligence (AI) and machine learning (ML) technologies. Thai businesses are looking for ways to leverage these technologies to gain a competitive advantage and improve operational efficiency. As a result, there has been a growing demand for AI and ML consulting and implementation services.

    Local special circumstances:
    Thailand's digital economy is growing rapidly, driven by the government's push towards a digital transformation. The government has launched various initiatives to support the development of the digital economy, such as the Thailand 4.0 policy which aims to promote innovation and technology adoption in key industries. Additionally, the government has invested in infrastructure development, such as the Eastern Economic Corridor (EEC) project, which aims to create a high-tech industrial hub in the eastern region of Thailand.

    Underlying macroeconomic factors:
    Thailand's economy has been growing steadily in recent years, with a GDP growth rate of around 2-3%. The country has a large and growing middle class, which is driving consumer spending and demand for digital services. Additionally, Thailand has a young and tech-savvy population, which is increasingly using digital technologies in their daily lives. These underlying macroeconomic factors are contributing to the growth of the IT Consulting & Implementation market in Thailand.

    Global Comparison

    Notes: Data was converted from local currencies using average exchange rates of the respective year.

    Most recent update: Apr 2024

    Sources: Statista Market Insights, Financial Statements of Key Players, National statistical offices

    Methodology

    Data coverage:

    The data encompasses B2G, B2B, and B2C enterprises. Figures are based on enterprises' technology spending on products, consulting, and outsourcing services.

    Modeling approach / Market size:

    Market sizes are determined through a combined top-down and bottom-up approach, building on a specific rationale for each market segment. As a basis for evaluating markets, we use annual financial reports of key players in the industry, Statista's primary research and surveys, and IT associations. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, internet users, and telecommunication. This data helps us estimate the market size for each country individually.

    Forecasts:

    In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the exponential trend smoothing method is used based on the market data characteristics. The main drivers are the GDP and its sector composition, internet penetration, the level of digitization, and the attitude toward IT security.

    Additional notes:

    The data is modeled using current exchange rates. The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war is considered at a country-specific level.

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    IT Consulting & Implementation: market data & analysis - BackgroundIT Consulting & Implementation: market data & analysis - Cover

    Key Market Indicators

    Notes: Based on data from IMF, World Bank, UN and Eurostat

    Most recent update: Jan 2025

    Source: Statista Market Insights

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