Network Infrastructure - Thailand

Thailand

Revenue in the Network Infrastructure market is projected to reach US$1.59bn in 2024.
Service Provider Network Infrastructure dominates the market with a projected market volume of US$1.19bn in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2028) of 6.95%, resulting in a market volume of US$2.08bn by 2028.
The average Spend per Employee in the Network Infrastructure market is projected to reach US$40.82 in 2024.
In global comparison, most revenue will be generated in China (US$45,690m in 2024).

Key regions: Europe, India, China, Japan, Germany

Definition:

The Network Infrastructure market focuses on hardware resources essential for service provider and enterprise networks. This market specifically focuses on solutions designed for the complex networking requirements of businesses and organizations, setting aside options like consumer-grade networking hardware products such as basic WIFI routers and network switches. These network infrastructure components are crucial in environments where reliable and secure connectivity, as well as efficient network operations, are paramount, establishing them as a fundamental part of the IT infrastructure in various industries.

Structure:

The Network Infrastructure market is structured in two markets based on the services model provided by the companies.

Service Provider Network Infrastructure covers the hardware resources of telecommunication service companies that enable wired and wireless network connectivity and communication to transfer voice and data.
Enterprise Network Infrastructure covers the hardware resources that enable wired and wireless network connectivity, communication, operations, and management of enterprises.

Additional Information:

The Network Infrastructure market includes revenue, revenue change, average spend per employee, and key player market shares as key performance indicators. Only revenues that are generated by primary vendors at the manufacturer price level either directly or through distribution channels (excluding value-added tax) are included, and revenues generated by resellers are excluded. Revenues are generated through both online and offline sales channels and include spending by consumers (B2C), enterprises (B2B) as well as governments (B2G). Detailed definitions of each market can be found on the respective page where the market data is displayed.

Key players in the Network Infrastructure market include companies such as Huawei, HPE, Cisco, and Ericsson.

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Analyst Opinion

The Network Infrastructure market in Thailand is experiencing significant growth and development. Customer preferences, market trends, local special circumstances, and underlying macroeconomic factors are all contributing to the positive trajectory of the market. Customer preferences in Thailand are driving the demand for network infrastructure. As the country continues to embrace digital transformation, there is a growing need for robust and reliable network infrastructure to support the increasing connectivity requirements of businesses and individuals. Customers are seeking high-speed internet connections, seamless connectivity, and advanced network solutions to meet their growing data demands. Trends in the market indicate a shift towards the adoption of advanced technologies such as 5G, cloud computing, and Internet of Things (IoT). The rollout of 5G networks in Thailand is expected to fuel the demand for network infrastructure, as it promises faster speeds, lower latency, and increased capacity. This will enable the deployment of innovative applications and services that rely on high-speed and low-latency connections. Additionally, the growing popularity of cloud computing and IoT is driving the need for robust network infrastructure to support the seamless integration and communication of devices and data. Local special circumstances in Thailand further contribute to the development of the network infrastructure market. The government has recognized the importance of digital infrastructure and has implemented initiatives to support its growth. For example, the Thailand 4. 0 policy aims to transform the country into a digital economy by promoting the adoption of advanced technologies and enhancing digital connectivity. This includes the development of smart cities, digital innovation hubs, and the expansion of broadband infrastructure. Underlying macroeconomic factors also play a role in the growth of the network infrastructure market in Thailand. The country's strong economic growth, increasing urbanization, and rising disposable incomes are driving the demand for digital services and connectivity. As more businesses and individuals rely on digital technologies for their day-to-day activities, the need for reliable and high-speed network infrastructure becomes paramount. In conclusion, the Network Infrastructure market in Thailand is experiencing significant growth and development due to customer preferences, market trends, local special circumstances, and underlying macroeconomic factors. The demand for robust network infrastructure is driven by customer preferences for high-speed internet connections and advanced network solutions. The adoption of advanced technologies such as 5G, cloud computing, and IoT is also fueling the growth of the market. Local special circumstances, including government initiatives to support digital infrastructure, further contribute to the positive trajectory of the market. Finally, underlying macroeconomic factors such as strong economic growth and increasing urbanization are driving the demand for network infrastructure in Thailand.

Methodology

Data coverage:

The data encompasses B2B enterprises. Figures are based on hardware-related expenses of businesses for setting up and maintaining an IT infrastructure.

Modeling approach / Market size:

Market sizes are determined through a top-down approach, building on a specific rationale for each market segment. As a basis for evaluating markets, we use annual financial reports and national statistical offices. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP and level of digitization. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques, such as exponential trend smoothing and the S-curve function, is based on the behavior of the relevant market.

Additional notes:

The data is modeled using current exchange rates. The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war is considered at a country-specific level.