Digital push to hit B2.5tn a year by 2030

Thailand’s digital transformation could generate up to 2.5 trillion baht in annual economic value by 2030, equivalent to 16% of GDP in 2020, according to a report commissioned by Google.

The report, entitled “Unlocking Thailand’s Digital Potential”, estimates that a substantial 65% of Thailand’s digital opportunity — potentially amounting to 1.6 trillion baht — could be driven by technology applications that help businesses mitigate the impact of the pandemic.

Citing the report, Genevieve Lim, principal of consulting firm AlphaBeta, said 40 digital tech applications across 10 industrial sectors would be a boon for the country’s economic opportunity.

They include data analytics, big data, cloud computing, additive manufacturing, Internet of Things-enabled inventory management, smart grids and predictive technology.

Consumer, retail, hospitality, manufacturing and…