Digital transformation in Thailand to generate 795 billion USD by 2030 (Vietnam Plus)

Digital transformation could generate up to 2.5 trillion THB (795 billion USD) in economic value for Thailand, according to the Bangkok Post, which cited a report published by Google.

The report, entitled “Unlocking Thailand’s Digital Potential”, estimated that 65 percent of Thailand’s digital opportunities, valued at 1.6 trillion THB, are likely to come from the use of technology that helps businesses mitigate the impact of the pandemic.

Genevieve Lim, principal of consulting firm AlphaBeta, said 40 digital tech applications across 10 industrial sectors would be a boon for the country’s economic opportunity.

They include data analytics, big data, cloud computing, additive manufacturing, Internet of Things-enabled inventory management, smart grids and predictive technology.

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Vietnam Plus

6 December 2021