Thailand Cloud Computing Market | Analysis 2019-2031

Thailand Cloud Computing Market by Service Model, Deployment Model, Subscription Model, Company Size, End User – Industry Analysis, Size and Forecast, 2019-2031

| SINGLE USER: 1,850 US$ 925

| MULTI USER 2,450 US$ 1,225

| ENTERPRISE USER 3,050 US$ 1,525

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The cloud computing market in Thailand is estimated to reach US$ 1.80 billion by the conclusion of 2024.
This projection indicates a CAGR of 10.41% between 2023 and 2031, Thailand cloud market value reaching US$ 3.61 billion by 2031.
In terms spending in the Thailand cloud computing industry, IT and Telecom sector is anticipated to create the highest revenue in 2024.
Within the Thailand cloud computing market, the Software as a Service (SaaS) segment is expected to rule with a total revenue of US$ 1.2 billion in 2024.
Major players in the market are focused towards investing substantial amount on research and development activities to come up with advanced offering. For instance, in October 2022, Amazon Web Services (AWS), a prominent player in the cloud computing domain and a subsidiary of Amazon.com Inc., disclosed its strategic initiative to invest US$5 billion into Thailand's economy over the next 15 years. The proposed allocation encompasses the establishment of cutting-edge data centers and procurement of goods and services from local businesses in the region, as articulated in AWS's official statement.

Analysis Period	2019 – 2031
Actual Data	2019 – 2022
Base Year	2022
Estimated Year	2023
CAGR Period	2023 – 2031
Research Scope
Service Model	Infrastructure as a Service (IaaS) Platform as a Service (PaaS) Software as a Service (SaaS)
Deployment Model	Public Cloud Private Cloud Hybrid Cloud
Subscription Model	On-Demand Subscription Committed Use Subscription Package Subscription Hybrid Subscription
Enterprise Size	Startups & Small Businesses (1-50 employees) Mid-Sized Companies (51-250 employees) Large Enterprises (251+ employees)
End User	IT and Telecom Media and Entertainment Energy and Power Transportation and Logistics Healthcare BFSI Retail Manufacturing Government Education