Thailand has experienced significant growth into its digital economy with internet penetration reaching almost 70% of its population of 69.88 million people according to the Datareportal. Thailand’s expanding digital landscape is driven by the adoption of new technologies such as 5G paving the way for IoT and driving super-fast broadband and the increase in the adoption of this technology by smart phone users.
The country’s rapid digital evolution has attracted a range of cloud service providers, with the cloud market expected to reach US $700 million by 2026 according to a 2021 report by Research and Markets Thailand remains a very attractive destination for foreign investors. Thailand enjoys a thriving tourist industry and is known for its beautiful landscape and tropical beaches, opulent palaces, and temples.
Telehouse Bangkok will open in Q2 of 2023. This new data centre will benefit from the robust growth in the region, following the digital shift in the economy such as increasing demand for public cloud and the surging in mobile traffic.