Application Outsourcing - Thailand
Thailand- The projected revenue for the Application Outsourcing market in Thailand is expected to reach US$214.13m by the year 2025.
- It is anticipated that the market will exhibit an annual growth rate (CAGR 2025-2029) of 1.71%, resulting in a market volume of US$229.16m by 2029.
- Furthermore, the average spend per employee in the Application Outsourcing market is projected to reach US$5.32 in 2025.
- In comparison to other countries, United States is expected to generate the highest revenue, reaching US$43.11bn in 2025.
- Thailand's growing IT services sector is driving an increasing demand for application outsourcing, fueling the country's economic growth.
Definition :
Application Outsourcing refers to the market for all IT application services in a software production context, spanning from requirement assessments to concept and design of software applications. Furthermore, it includes the development (production), support, and maintenance of such software products and services by contracted service providers.
Application outsourcing allows organizations to leverage specialized skills, accelerate development timelines, reduce costs, and ensure efficient management of their applications.
Additional Information:
The Application Outsourcing 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 NEC, Accenture, Capgemini, VMware, and Hewlett Packard Enterprise.
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- Concept and design of software applications, such as IBM iX (IBM Interactive Experience), Tata Consultancy Services (TCS), and EPAM Systems
- Development and maintenance of software products, such as Infosys, Wipro, and HCL Technologies
- Requirement assessments, such as ThoughtWorks, Accenture, and Intellectsoft
- Administration outsourcing, such as Conduent, Genpact, and ADP (Automatic Data Processing)
- Web hosting, such as GoDaddy, Bluehost, and Amazon Web Services
- Strategic Technology Planning, such as BCG (Boston Consulting Group), EY (Ernst & Young), and PwC (PricewaterhouseCoopers)
- Support or maintenance for business-internal software products
