Thailand Telecommunications Sector Report 2024-2025

Thailand's ICT sector has been growing at a steady pace over the past few years. Major growth drivers have been the rapid technological advancements, increased internet penetration, and businesses transitioning from traditional to digital services. The government's initiatives including the National Strategy, Digital Park Thailand, the National AI Strategy, and Thailand 4.0 have also provided a substantial boost to the sector. The Thai enterprise ICT market was valued at more than USD 19bn in 2022 and is projected to reach over USD 38bn by 2027, expanding at a CAGR of over 14% between 2022 and 2027, according to Global Data. The mobile telecom segment continued to expand at a robust rate in 2022, while the fixed line telephony segment kept on falling. The bright spot in the fixed telecom sector was the rising demand for broadband services. The pay-TV industry has encountered a difficult operating environment as a result of the transition in consumer media consumption patterns to the over-the-top (OTT) platform, which can be attributed to the advantages of nonlinear consumption. The demand for courier services has increased as a result of the digitalization initiative and the pandemic-driven expansion of the e-commerce market; however, profitability has been hindered by the fierce competition in the industry.

This report provides a complete and detailed analysis of the "TMT" sector for Thailand. EMIS Insights presents in-depth business intelligence in a standard format across countries and regions, providing a balanced mix between analysis and data.

What this report allows you to do:

• Understand the key elements at play in the "TMT" sector in Thailand
• Crystallise the forces both driving and restraining this sector in Thailand
• Ascertain Thailand’s position in the global sector
• Build a complete perspective on sector trade, investment and employment
• Understand the competitive landscape and who the major players are
• View M&A activity and major deals
• Gain an understanding of the regulatory environment for the sector in Thailand.
• Build a clear picture of trends, output and consumption for specific sub-sectors