Thailand Communications Equipment Market (2024-2030) | Growth, Outlook, Size, Trends, Industry, Share, Value, Companies, Revenue, Forecast & Analysis

Thailand Communications Equipment Market Synopsis

The Thailand Communications Equipment Market was valued at USD 6.6 billion in 2020 and is projected to reach USD 7.9 billion by 2026, registering a CAGR of 4% during the forecast period (2021-2026). Thailand telecommunications industry has grown rapidly over the past few years mainly due to government initiatives such as National Broadcasting and Telecommunications Commission (NBTC) and Universal Service Obligation Fund (USO), which have opened up opportunities for private companies to enter the market. Moreover, strong demand for telecom services from both residential and enterprise customers has driven growth in the country???s communications equipment market. With increasing smartphone penetration, there has been an exponential increase in data usage across the nation that is further driving the expansion of 5G networks and associated infrastructure investments.

Market Drivers

Growing consumer demand for high speed internet access coupled with rising popularity of digital platforms such as streaming services are expected to drive demand for advanced communication solutions like 5G technology over next few years. Additionally, growing number of connected devices on cellular networks will also support market growth through 2026. Several regulatory reforms undertaken by NBTC including spectrum auctions are anticipated to enhance competition among telecom players in Thailand leading to enhanced broadband services across remote regions.This development will augment revenue generation from communication equipment sales going forward.Growing implementation of smart city projects across major cities like Bangkok will fuel adoption of advanced systems such as IOT & AI based technologies, thereby creating significant opportunities for vendors operating in this space.Besides this, automation enabled intelligent water management systems, smart lighting solutions etc., can be integrated into existing communication infrastructures resulting into additional revenue streams throughout forecast timeline .

Challenges of the Market

Regulatory norms enforced by National Broadcast & Telecommunications Commission regarding frequency assignments along with installation guidelines are likely to impede market growth during assessment period.Moreover, deployment restrictions imposed on certain frequencies owing radio interference concerns can create issues while expanding operations thus hindering overall progress rate during near future .

Covid-19 Impact on the Market

The COVID-19 pandemic has had a major impact on the communications equipment market in Thailand. With businesses and industries closed due to government restrictions, demand for telecom products such as routers and switches have dropped significantly. Furthermore, the halt of international travel has resulted in limited availability of new products from overseas suppliers. However, with the easing of some restrictions and an increase in domestic online activities, there is potential for growth in this sector going forward.

Key Players of the Market

Key players operating within this market include Singtel Group (Thailand), True Corporation Pcl., Advanced Info Service Pcl., Jasmine International Public Company Limited (JAS), Huawei Technologies Co Ltd., ZTE Corporation, Nokia Networks Oyj and Ericsson AB Global Services LLC. These companies provide a range of services including broadband internet access solutions, mobile telecommunications infrastructure development and integration support services among others. In addition to these large firms, many local providers are also present providing solutions tailored for smaller enterprises or individual consumers looking to upgrade their technology infrastructure at home or office premises.

Key Highlights of the Report:

• Thailand Communications Equipment Market Outlook
• Market Size of Thailand Communications Equipment Market, 2023
• Forecast of Thailand Communications Equipment Market, 2030
• Historical Data and Forecast of Thailand Communications Equipment Revenues & Volume for the Period 2020-2030
• Thailand Communications Equipment Market Trend Evolution
• Thailand Communications Equipment Market Drivers and Challenges
• Thailand Communications Equipment Price Trends
• Thailand Communications Equipment Porter's Five Forces
• Thailand Communications Equipment Industry Life Cycle
• Historical Data and Forecast of Thailand Communications Equipment Market Revenues & Volume By Type for the Period 2020-2030
• Historical Data and Forecast of Thailand Communications Equipment Market Revenues & Volume By Optical Communication Equipment for the Period 2020-2030
• Historical Data and Forecast of Thailand Communications Equipment Market Revenues & Volume By Network Communication Equipment for the Period 2020-2030
• Historical Data and Forecast of Thailand Communications Equipment Market Revenues & Volume By Mobile Communication Device for the Period 2020-2030
• Historical Data and Forecast of Thailand Communications Equipment Market Revenues & Volume By Component for the Period 2020-2030
• Historical Data and Forecast of Thailand Communications Equipment Market Revenues & Volume By WANs (Wide Area Network) for the Period 2020-2030
• Historical Data and Forecast of Thailand Communications Equipment Market Revenues & Volume By Transceiver for the Period 2020-2030
• Historical Data and Forecast of Thailand Communications Equipment Market Revenues & Volume By Switch for the Period 2020-2030
• Historical Data and Forecast of Thailand Communications Equipment Market Revenues & Volume By Routers for the Period 2020-2030
• Historical Data and Forecast of Thailand Communications Equipment Market Revenues & Volume By LANs (Local Area Network) for the Period 2020-2030
• Historical Data and Forecast of Thailand Communications Equipment Market Revenues & Volume By Exchanges for the Period 2020-2030
• Historical Data and Forecast of Thailand Communications Equipment Market Revenues & Volume By Application for the Period 2020-2030
• Historical Data and Forecast of Thailand Communications Equipment Market Revenues & Volume By Telecom Operators for the Period 2020-2030
• Historical Data and Forecast of Thailand Communications Equipment Market Revenues & Volume By Data Center for the Period 2020-2030
• Historical Data and Forecast of Thailand Communications Equipment Market Revenues & Volume By End-users for the Period 2020-2030
• Historical Data and Forecast of Thailand Communications Equipment Market Revenues & Volume By Banking, Financial Services and Insurance (BFSI) for the Period 2020-2030
• Historical Data and Forecast of Thailand Communications Equipment Market Revenues & Volume By Personal for the Period 2020-2030
• Historical Data and Forecast of Thailand Communications Equipment Market Revenues & Volume By Healthcare for the Period 2020-2030
• Historical Data and Forecast of Thailand Communications Equipment Market Revenues & Volume By Government for the Period 2020-2030
• Historical Data and Forecast of Thailand Communications Equipment Market Revenues & Volume By Enterprise for the Period 2020-2030
• Historical Data and Forecast of Thailand Communications Equipment Market Revenues & Volume By Energy & Utilities for the Period 2020-2030
• Historical Data and Forecast of Thailand Communications Equipment Market Revenues & Volume By Education for the Period 2020-2030
• Historical Data and Forecast of Thailand Communications Equipment Market Revenues & Volume By Cloud for the Period 2020-2030
• Thailand Communications Equipment Import Export Trade Statistics
• Market Opportunity Assessment By Type
• Market Opportunity Assessment By Component
• Market Opportunity Assessment By Application
• Market Opportunity Assessment By End-users
• Thailand Communications Equipment Top Companies Market Share
• Thailand Communications Equipment Competitive Benchmarking By Technical and Operational Parameters
• Thailand Communications Equipment Company Profiles
• Thailand Communications Equipment Key Strategic Recommendations