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Friday, May 3, 2024

IT spending set to hit B871bn in 2022

Thailand’s IT spending is expected to grow 6.4% year-on-year to 871 billion baht in 2022 with strong growth in enterprise software, driven by continued hybrid work and remote services, according to global research firm Gartner.

Enterprise software is projected to see the highest growth of 14.8% to 61.3 billion baht in 2022, followed by IT services with growth of 9.8% to 85.4 billion and devices with growth of 9% to 220 billion.

Communication service is expected to see the lowest growth of 3.8% next year, but would maintain the largest IT spending segment in the country at 483 billion baht — about half of the total market.

Spending growth on devices, primarily PCs and tablets, reached a peak of 21.7% in 2021, buoyed by people working and studying from home. Individuals and enterprises upgraded their devices or invested in multiple devices for remote or hybrid…

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