Reference

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Primary source

Thailand software industry value (2020-2024)

~THB 233B (2024)

As of2020-2024 (DEPA series)·Sources3·Primary·Historical series (5 points)

Thailand's software industry reached approximately THB 233.4 billion in 2024 per the Digital Economy Promotion Agency (DEPA) annual digital-industry survey, up 8.5% year-on-year. The total splits into software products at THB 88.1 billion (+8.3%) and software services at THB 145.3 billion (+8.6%). The software industry is one of four DEPA sub-sectors within the broader Thai digital industry, which expanded 23.4% to THB 2.5 trillion in 2024 on hardware-and-smart-device strength. Software-as-a-Service (SaaS) is the fastest-growing software-product sub-segment, alongside cybersecurity and enterprise-AI tooling.

Figure in context

Thailand's software industry reached approximately THB 233.4 billion in 2024 per the Digital Economy Promotion Agency (DEPA) annual digital-industry survey, up 8.5% year-on-year. The total splits into software products at THB 88.1 billion (+8.3%) and software services at THB 145.3 billion (+8.6%). The software industry is one of four DEPA sub-sectors within the broader Thai digital industry, which expanded 23.4% to THB 2.5 trillion in 2024 on hardware-and-smart-device strength. Software-as-a-Service (SaaS) is the fastest-growing software-product sub-segment, alongside cybersecurity and enterprise-AI tooling.

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Interpretation notes

What this tells you

Thailand's software industry reached approximately THB 233.4 billion in 2024 per the Digital Economy Promotion Agency (DEPA) annual digital-industry survey, up 8.5% year-on-year. The total splits into software products at THB 88.1 billion (+8.3%) and software services at THB 145.3 billion (+8.6%). The software industry is one of four DEPA sub-sectors within the broader Thai digital industry, which expanded 23.4% to THB 2.5 trillion in 2024 on hardware-and-smart-device strength. Software-as-a-Service (SaaS) is the fastest-growing software-product sub-segment, alongside cybersecurity and enterprise-AI tooling.

What not to do with it

Values in THB billions. DEPA Digital Industry annual survey is the authoritative Thai-government series.

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Thailand software industry value (2020-2024) · Insight