IT spending in Thailand is expected to register 4.2% growth in 2023, slightly slower than last year’s level, weighed down by a projected contraction in spending on devices, according to research firm Gartner.
However, the country’s growth rate this year is projected to be almost twice the global rate of 2.4%.
“Inflation, skills shortages and supply chain issues continue to have a significant impact across Thailand, driving chief information officers to be more hesitant, delay decisions or reorder priorities,” said John-David Lovelock, distinguished vice-president analyst at Gartner.
“Despite these economic realities, we continue to see local enterprises increase spending on digital business initiatives.”
IT spending in Thailand is forecast to reach 935 billion baht in 2023, up…
