Reference
·Supporting source
Thailand cybersecurity spend by sector (2024)
Banking ~32%, Govt ~22%, Telecom ~16%
Thailand cybersecurity spending in 2024 is concentrated in banking and financial services at approximately 32% of total end-user spend, government and public-sector entities at 22% (driven by NCSA mandates and the Cybersecurity Act covered-entity list), telecom and ISPs at 16%, manufacturing at 11%, healthcare at 7%, and retail/ecommerce at 6%, with energy and other industries accounting for the residual. Banking spend is anchored by Bank of Thailand (BoT) IT-risk supervisory expectations and SET-listed bank technology budgets; government spend is fragmented across line ministries with NCSA's National CERT (ThaiCERT) playing a coordinating role rather than a centralised procurement role.
Figure in context
Thailand cybersecurity spending in 2024 is concentrated in banking and financial services at approximately 32% of total end-user spend, government and public-sector entities at 22% (driven by NCSA mandates and the Cybersecurity Act covered-entity list), telecom and ISPs at 16%, manufacturing at 11%, healthcare at 7%, and retail/ecommerce at 6%, with energy and other industries accounting for the residual. Banking spend is anchored by Bank of Thailand (BoT) IT-risk supervisory expectations and SET-listed bank technology budgets; government spend is fragmented across line ministries with NCSA's National CERT (ThaiCERT) playing a coordinating role rather than a centralised procurement role.
Interpretation notes
What this tells you
Thailand cybersecurity spending in 2024 is concentrated in banking and financial services at approximately 32% of total end-user spend, government and public-sector entities at 22% (driven by NCSA mandates and the Cybersecurity Act covered-entity list), telecom and ISPs at 16%, manufacturing at 11%, healthcare at 7%, and retail/ecommerce at 6%, with energy and other industries accounting for the residual. Banking spend is anchored by Bank of Thailand (BoT) IT-risk supervisory expectations and SET-listed bank technology budgets; government spend is fragmented across line ministries with NCSA's National CERT (ThaiCERT) playing a coordinating role rather than a centralised procurement role.
What not to do with it
Values in percent of total Thailand cybersecurity end-user spend.
Related figures
Adjacent numbers that add context without drowning the value.
Thailand cybersecurity end-user spending (2020-2025)
IDC Thailand Security Spending Guide, Gartner Asia-Pacific Information Security tracker, National Cyber Security Agency
PDPA enforcement actions by PDPC (2020-2024)
Office of the Personal Data Protection Committee, Baker McKenzie Thailand PDPA tracker, Tilleke and Gibbins data-protection bulletin
Publicly disclosed major Thai breaches (2024-2025)
ThaiCERT advisories, NCSA, Bangkok Post Tech, Group-IB Asia threat intelligence reports
Identity and access management platform adoption
IDC Thailand Identity and Access Management tracker, Okta, Microsoft Entra ID Thailand channel disclosures, Bank of Thailand IT-risk guidance
AI and ML-driven security tooling spend share
IDC Thailand Security Spending Guide, Gartner AI-augmented security tracker, NCSA and Bank of Thailand technology supervision
Post-quantum cryptography readiness investment
NCSA, NIST Post-Quantum Cryptography standardisation, Bank of Thailand IT-resilience guidance, IBM and Thales Thailand channel
Report context
Atlas actors in this figure's reports
Profiles covered in the report that cite this number.