- The key vendors in the IT market in Thailand 2015-2019 are Cisco Systems Inc., Hewlett-Packard Co., IBM Corp., and Microsoft Corp.
London, 9 July 2015: Technavio, an independent tech-focused global research firm, has announced the publication of its market research report on the IT market in Thailand 2015-2019. The emergence of Internet of Things (IoT) is a key trend observed in this market. The IoT aids in enhancing the business value of companies and also reduces operational costs. Service providers in the IoT niche have the ability to develop solutions that can collect and analyze dissimilar data in real-time, which in turn helps to transform the business and increase its profit margins. This market is expected to grow at a CAGR of 6.83% during the forecast period of 2014-2019.
High penetration of smartphones and tablets drive growth in this market. In Thailand, smartphones have forced enterprises to roll out mobile strategies like mobile-adaptive websites, new mobile points-of-sale, and new payment methods to boost customer engagement. Increasing investment by enterprises also raises the prospects of growth in this market. Also, the introduction of omni-channel, which involves integration of services between offline and online channels, augments the demand for IT in Thailand.
“Virtualization is an essential strategy that boosts IT efficiency. It has made significant inroads in the market in the Thailand, and currently it is difficult to find an enterprise or data center that is not using virtualized server technologies. Virtualization is becoming more of a necessity than an option in the current scenario,” says Faisal Ghaus, Vice President of Technavio Research.
“The political turmoil in the country is driving the demand for virtualization desktop software that allows employees to work from any location. Also, the IT industry in Thailand is adopting software-defined approaches to manage the data center known as SDDC, which is an architecture that allows enterprises to work in a more agile environment.”
To define the market conditions in the next 3-4 years, Technavio analysts have conducted in-depth analysis of the impact of market drivers, challenges, and trends featuring data on product segmentations, vendor shares, growth rate by revenue, and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
