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Thai IT industry is one of the most fastest-growing in the region and boosts the country’s economy each year. In 2019, for example, it grew by 13% and its value was estimated at 527 billion Thai Baht or 16.9 billion USD.  Hardware is the biggest contributor with 7.5 billion USD while digital services will have the highest growth at 34 percent. 

Meanwhile, software services will account for 20 percent with $3 billion and digital services will be valued at $2 billion, or 12 percent.

The factors that drive the total IT market are business transformation from traditional to digital, government policies, or the Thailand 4.0 scheme, the coming of new technologies including big data, robotics, cloud, software as a service smart devices such as CCTV and smart Bluetooth. 

Why you should work with Thai IT companies

In addition to the market growth and extensive range of services Thai IT companies and software agencies provide, there are also several other reasons why you should work with them. 

For example skilled workers. Thailand has a large pool of young professionals working in the IT sector, which enables companies to attract and get a growing number of clients with different types of digital projects. 

Also, IT companies from Thailand enjoy a great industry-specialized infrastructure and apply the latest technologies in designing and developing new digital projects. In fact, the Thai IT market is one of the largest and most attractive in the region. 

What to pay attention to when working with Thai IT companies

At the same time, there are several challenges when working with Thai IT companies. Among the biggest barriers, clients face when working with Thai digital agencies are the language barrier and the project management issues, which holds other potential clients back from continuing their cooperation with these companies, and also lowers the chances of being recommended to other potential clients. 

How reliable are Thai IT companies

With a lot of consumers and clients both on internal and external markets, Thai digital agencies and IT companies enjoy a good reputation. In spite of having a lot of regional competitors, local companies still manage to attract a big share of the market, and this makes them rather reliable than untrustworthy. 

How does the Thai IT industry relate to the neighboring countries?

With Cambodia, Laos, Malaysia, and Myanmar as neighboring countries, Thailand has a lot of chances to become the regional tech hub that will lead the market to a better, more performant level which increases the chances of getting more visible outside the region. 

Also, neighboring countries would benefit from promoting Thailand’s digital industry and joining their efforts to create a regional hub in this direction.

Surveys involve collecting data from a target audience by asking questions on a concrete topic. Surveys are aimed for a variety of purposes such as market research and customer satisfaction.

Collected data are used to identify potential customers, their needs, and preferences, as well as define and develop marketing strategies, and evaluate brand awareness.

According to recent studies, the global market research industry is expected to reach $90 billion by 2025. Also, it was found that surveys are the most popular method of market research, accounting for 42% of all market research.

There are a variety of ways to conduct surveys. Here are a few of them:

• Online surveys

• Phone surveys

• Mail surveys

• In-person surveys

The method you will opt for depends on the specific needs of your market research project.

Surveys can be used by businesses of all sizes, from small startups to large corporations. They can also be used by government agencies, non-profit organizations, and educational institutions.

As usually surveys are conducted by 

1. Market research companies/marketing consultants 

2. Businesses themselves

If you prefer the first option, you may query how to choose the right survey provider. 

There are a few things to keep in mind the company’s:

• Experience and expertise in market research

• Track record of success

• Methodology and approach to market research

• Communication style

• Cost

There are more than 299 companies that provide survey services on the TechBehemoths platform, that are happy to help you measure customer satisfaction, brand awareness, and other marketing metrics your business needs. Just find the best one for you. 

• Use a filter, to select the company by locations, reviews, prices, and more

• Or, submit your project and our team will choose the right company for you.

Also, we invite you to discover TechBehemtoh's latest survey conducted in May 2023, which gathered responses from 2,542 IT companies across 57 countries and territories. Read more about Digital Marketing Channels and Tools and find out more about survey results.