Amazon Web Services (AWS), the cloud computing subsidiary of Amazon.com Inc, plans to invest $5 billion in Thailand over the next 15 years to strengthen its infrastructure in the country.
More than 200 services, including storage, robotics, and artificial intelligence, are offered on the AWS cloud platform. And last month, it announced plans to set up a local hub in Mexico to increase bandwidth for clients while also opening its first cloud data center in the United Arab Emirates (UAE)
Currently, the investment plans in Thailand, according AWS statement, include establishing data centers and acquiring goods and services from local companies. And in order to better serve end users and assist clients in the region, it also intends to establish an infrastructure hub in Bangkok.
According to Supattanapong Punmeechaow, Thailand’s Deputy Prime Minister, the plan of AWS to establish data centers in Thailand is a significant development that will open up advanced cloud computing services to more businesses and support Thailand’s Thailand 4.0 initiative to develop a value-based, digital economy.
AWS has introduced 10 Amazon Cloudfront edge locations in Bangkok since 2020. The edge locations support faster delivery of data, videos, and applications to users.
Thailand’s use of cloud computing is expanding rapidly. The country benefits from a plethora of smart IT workers, a good business climate, and a robust infrastructure.
Moreover, in relation to cloud computing and its demand, according to research, the global Cloud Computing market size was valued at USD 158633.47 million in 2021 and is expected to expand at a CAGR of 18.86% during the forecast period, reaching USD 447334.82 million by 2027.