The demand for System Infrastructure Software in Thailand has been on the rise in recent years.
Customer preferences: Thai businesses are increasingly relying on digital infrastructure to expand their operations. As a result, there is a growing demand for software that can manage and optimize their IT systems. This includes software for network management, data storage, and security.
Trends in the market: One of the key trends in the System Infrastructure Software market in Thailand is the adoption of cloud-based solutions. Cloud computing allows businesses to access their IT infrastructure remotely, reducing the need for on-site servers and hardware. This trend is driven by the need for greater flexibility and scalability, as businesses look to expand their operations without incurring significant capital expenditure.Another trend is the increasing importance of cybersecurity. As businesses become more reliant on digital infrastructure, the risk of cyber attacks and data breaches also increases. This has led to a growing demand for software that can protect against these threats, including firewalls, intrusion detection systems, and encryption tools.
Local special circumstances: Thailand has a rapidly growing digital economy, with a large and increasingly tech-savvy population. The government has also been investing heavily in digital infrastructure, including the roll-out of high-speed internet and the development of smart cities. These factors have created a favorable environment for the growth of the System Infrastructure Software market.
Underlying macroeconomic factors: Thailand's economy has been growing steadily in recent years, with a focus on developing high-tech industries. The country has a large and growing middle class, which is driving demand for digital services. In addition, Thailand is strategically located in Southeast Asia, making it an attractive destination for foreign investment. These factors are contributing to the growth of the System Infrastructure 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.
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