Tech spending in Thailand and four other Southeast Asian economies is projected to grow 7% this year to approach US$47 billion, despite a number of challenges such as fragile post-pandemic supply chains, according to UK-based research and advisory firm Forrester.
In a recent report entitled Asia Pacific Tech Market Forecast 2022-27, Forrester said Southeast Asia is a major growth engine for a digital economy that is projected to reach $330 billion by 2025.
The region’s digital consumption is propped up by a large millennial and Gen Z population, favourable policy environments, and investment pouring in from tech giants which is fuelling a wave of digital…