Thailand's GDP growth slowed to 1.9% in 2023 due to weak exports, but tourism and private consumption are expected to drive growth. The digital economy's contribution to GDP is estimated to reach 11.2% by 2027. Telecom market is expected to grow at a CAGR of 3.4% between 2023-2027.

Thailand's GDP growth slowed to 1.9% in 2023 due to weak exports, but tourism and private consumption are expected to drive growth. The digital economy's contribution to GDP is estimated to reach 11.2% by 2027. Telecom market is expected to achieve USD 16.5 billion by 2027.

APAC telcos generated USD139 billion in Q3-2023, with 3.5% YoY revenue growth. 60% experienced a decline in CAPEX, while ARPU levels remained stable for 50% of telcos.