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Mon - Fri, 9am - 6pm (EST)
Mon - Fri, 9am - 5pm (SGT)
Mon - Fri, 10:00am - 6:00pm (JST)
Mon - Fri, 9:30am - 5pm (GMT)
Mon - Fri, 9am - 6pm (EST)
Key regions: Japan, Germany, China, Australia, Netherlands
The demand for productivity software in Thailand has been steadily increasing over the years due to the country's growing economy and the adoption of digital technologies in various industries.
Customer preferences: Thai consumers are becoming more tech-savvy and are increasingly relying on digital tools to improve their work efficiency. The younger generation, in particular, is more inclined to use productivity software to manage their tasks and schedules. Additionally, businesses in Thailand are also recognizing the importance of productivity software in improving their operations and are investing in such tools to enhance their productivity.
Trends in the market: The productivity software market in Thailand is witnessing a shift towards cloud-based solutions, which offer greater flexibility and cost-effectiveness compared to traditional software. Moreover, the COVID-19 pandemic has accelerated the adoption of remote work, leading to an increased demand for productivity software that enables collaboration and remote access.
Local special circumstances: Thailand has a relatively small market for productivity software compared to other countries in the region, such as Singapore and Malaysia. However, the market is expected to grow in the coming years due to the government's push towards digitalization and the increasing adoption of technology by businesses and consumers.
Underlying macroeconomic factors: Thailand's economy has been growing steadily in recent years, driven by strong exports and a thriving tourism industry. This has led to an increase in disposable income and a growing middle class, which has in turn fueled demand for productivity software. Additionally, the government's initiatives to promote digitalization and innovation in various industries have also contributed to the growth of the productivity software market in Thailand.
Data coverage:
The data encompasses B2B, B2G, and B2C enterprises. Figures are based on the allocation to the country where the money was spent at manufacturer price level (excluding VAT).Modeling approach / Market size:
The segment size is determined through a top-down approach. We use financial statements such as annual reports, quarterly earnings, and expert opinions to analyze the markets. To estimate the segment size for each country individually, we use relevant key market indicators and data from country-specific industry associations such as GDP, level of digitization, GDP sector composition, and observed level of software piracy.Forecasts:
We use a variety of forecasting techniques, for instance, advanced statistical methods, depending on the behavior of the relevant segment. The main drivers are the GDP and the level of digitization.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 is considered at a country-specific level.Mon - Fri, 9am - 6pm (EST)
Mon - Fri, 9am - 5pm (SGT)
Mon - Fri, 10:00am - 6:00pm (JST)
Mon - Fri, 9:30am - 5pm (GMT)
Mon - Fri, 9am - 6pm (EST)