IT spending in Thailand is expected to register 4.2% growth in 2023, slightly slower than last year's level, weighed down by a projected contraction in spending on devices, according to research firm Gartner.
However, the country's growth rate this year is projected to be almost twice the global rate of 2.4%.
"Inflation, skills shortages and supply chain issues continue to have a significant impact across Thailand, driving chief information officers to be more hesitant, delay decisions or reorder priorities," said John-David Lovelock, distinguished vice-president analyst at Gartner.