The Thailand cloud computing services market is estimated at US$ 440 million in 2022 and is expected to grow at a significant CAGR of over 15% over the forecast period of 2019-2028.
Market Scope and Report Overview
Based on a deep-dive market analysis conducted by RationalStat, Thailand cloud computing market was analyzed by market segments, such as deployment model, service model, the end user, and the geography of the regions (incl. North Thailand, South Thailand, Eastern Thailand, and Central Thailand,). The report also gives the size of regional and global markets for 2019-2022 and the projection period 2019-2028.
Market intelligence for the Thailand cloud computing services market covers market sizes based on market value (US$/EUR Million) and volume ('000 units/tons/liters) by various products/services/equipment, demand assessment across the key regions, customer sentiments, price points, cost structures, margin analysis across the value chain, financial assessments, historical and forecast data, key developments across the industry, import-export data, trade overview, components market by leading companies, etc.
Additionally, the long-term outlook for the sector, the products and services 10-year outlook, and its impact on the sector. The report also covers the current state of the industry production levels, capacity Utilization, Tech Quotient, and more. The most important information is manufacturing capacity per country and installed base and import volumes, market size, the number of major players and market size dynamic, market information, and insights.
Period Covered include data for 2019-2028, along with year-wise demand estimations.
The Thailand cloud computing services market report analyzes the market based on global economic situations, regional geopolitics, import-export scenarios, trade duties, market developments, organic and inorganic strategies, mergers and acquisitions, product launches, government policies, new capacity addition, technological advancements, R&D investments, and new market entry, replacement rates, penetration rates, installed base/fleet size, global and regional production capacity, among others.
RationalStat offers market analysis and consulting studies based on dedicated and robust desk/secondary research supported by a strong in-house data repository. In addition, the research leverages data based on the real-time insights gathered from primary interviews. Market estimations and insights are based on primary research (covering more than 240 entities) and secondary research by leveraging international benchmarking.
The Thailand cloud computing services market report also covers value chain and supply chain analysis that provides in-depth information about the value chain margins and the role of various stakeholders across the value chain. Market dynamics provided in the market study include market drivers, restraints/challenges, trends, and their impact on the market throughout the analysis period.
In the competition analysis section, the Thailand cloud computing services market provides a detailed competition benchmarking analysis based on the market share of the leading companies/brands/ producers/suppliers, a market structure overview with detailed company profiles of more than 25 players with their financials, product/service offerings, major developments, business models, etc. This enables clients and report buyers to make strong, precise, and timely decisions.
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Macroeconomic Scenario and the Impact of COVID-19 on Regional Economic Sentiment
In the latest RationalStat analysis, geopolitical conflicts and inflation are the cited economic risks, while concerns about the volatility across energy sectors prevail in Europe and other parts of the world. Some of the potential risks to the economic growth in the leading regions, including Asia Pacific, Europe, North America, the Middle East & Africa, and other developing regions, are inflation, volatile energy prices, supply chain disruptions, geopolitical instability, labor shortages, rising interest rates, and COVID-19 pandemic.
The global economy experienced heavy headwinds throughout 2019-2021, as some countries witnessed subdued growth while others continued to grapple with economic slowdowns. The COVID-19 pandemic has levied undue pressure across most industries globally and has caused a major economic crisis in the US, India, Italy, the UK, Germany, India, Japan, South Korea, the UK, and many others. Besides, the exit of the UK from the European Union earlier in 2020 and the Russo-Ukraine war in 2022 exacerbated the ever-heightened global uncertainty.
In addition, the global economic growth slowed in 2022 to 3.3%, weaker than expected at the end of 2021, mainly weighed down by Russia’s war in Ukraine and the associated cost-of-living crisis in many countries. However, improvement in economic activities during the forecast period is expected. Growth is projected to remain at lower rates in 2023 and 2024, at 2.6% and 2.9%, respectively.
Some of the prominent players that contribute significantly to the market growth include Alibaba, Alphabet Inc., Amazon.com Inc., Cisco Systems Inc., Hewlett Packard Enterprise, IBM Corp., Microsoft Corp., Oracle Corp., Salesforce Inc., SAP SE, VMware Inc., True IDC, CAT Telecom, and AIS, etc., among others.
RationalStat has segmented the Thailand cloud computing services market based on the service model, deployment model, end user, and region
· Thailand Cloud Computing Services Market Value (US$ Million), Volume (‘000 units/tons), and Market Share (2019-2028) Analysis by Service Model
o Infrastructure-as-a-Service (IaaS)
o Platform-as-a-Service (PaaS)
o Software-as-a-Service (SaaS)
· Thailand Cloud Computing Services Market Value (US$ Million), Volume (‘000 units/tons), and Market Share (2019-2028) Analysis by Deployment Model
o Public
o Private
o Hybrid
· Thailand Cloud Computing Services Market Value (US$ Million), Volume (‘000 units/tons), and Market Share (2019-2028) Analysis by End User
- Banking, Financial Services, and Insurance (BFSI)
- IT & Telecommunications
- Government and Public Sector
- Retail and Consumer Goods
- Manufacturing
- Energy and Utilities
- Media and Entertainment
- Healthcare and Life Sciences
- Others (Education, Travel and Hospitality, and Transportation and Logistics)
· Thailand Cloud Computing Services Market Value (US$ Million), Volume (‘000 units/tons), and Market Share (2019-2028) Analysis by Region
o North Thailand
o Eastern Thailand
o Central Thailand
o South Thailand
· Leading Companies and Market Players
o Alibaba
o Alphabet Inc.
o Amazon.com Inc.
o Cisco Systems Inc.
o Hewlett Packard Enterprise
o IBM Corp.
o Microsoft Corp.
o Oracle Corp.
o Salesforce Inc.
o SAP SE
o VMware Inc.
o True IDC
o CAT Telecom
o AIS
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