Thailand Market Insights 2020

Thailand Market Insights 2020

Thailand Market Insights 2020

According to a study by Frost & Sullivan, global traffic between data centers will grow by 28% annually between 2018 and 2021, a higher growth rate than the traffic between data centers and the users, which is projected at 24%. This trend has been driven by CDNs and the need to disseminate large volumes of static content closer to the user, such as images and video. The ASEAN data center market is set to grow at a CAGR of 16.1% over the next 5 years. Emerging markets, Indonesia and Thailand, are expected to be key growth engines in ASEAN. 

This resonates with Thailand’s push for Industry 4.0 across multiple industries including manufacturing, logistics, tourism and more. The route to digital transformation by corporations in Thailand aims to cope with changing customer behavior and intense competition from global players. To support digitization, corporations will need to focus on building a strong and agile IT infrastructure, leading to the need for cutting edge strategy and technologies in cloud, data centers, and connectivity.

Just few months back, W.Media held its inaugural Cloud and Datacenter Convention in Thailand which brought together over 700 senior IT professionals. Industry experts highlighted Thailand as a strong contender to be the ICT hub for Indochina – find out more in the post event coverage via this link. 

Managed Services, Migrations and Expansions listed as key projects

W.Media’s 2019 survey received responses from 700+ IT professionals in Thailand. As an overview, the key projects that respondents are intending to undertake include Managed Services (23%), Datacenter Migration and Expansion (29%), Private Cloud Deployment (11%) and Migration to Public or Hybrid cloud (11%), with most of them indicating to commence multiple projects at the same time. Challenges listed include Budgeting and unexpected cost (34%), Migration risks and integration issues (25%), Rightsizing/Projecting IT requirements (16%), Service Excellence of providers (15%) and IT Team’s familiarity with new deployment (8%). 

Keep watch – W.Media will commence its 2020 survey for the Thailand market in Q4.

Visit the Thailand Cloud and Datacenter Convention here.

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