The Thailand Artificial Intelligence (AI) market is expected to thrive between 2024 and 2028. Artificial intelligence is the reconstruction of human intelligence in computers that have been designed to think and behave like people. Machine learning, machine vision, automation, robotics, and other types of technologies all use artificial intelligence. The industrial landscape is evolving due to artificial intelligence (AI), which includes machine learning (ML) and computer vision. The market for artificial intelligence is expanding as a result of the advancements in deep learning and data-driven AI, and the need to achieve robotic autonomy in order to compete in a market is expected to drive the adoption of AI market.
Availability of enormous amount of data
The amount of data generated is significantly increasing as a result of widespread internet use and new technologies. Artificial intelligence is being aided by technologies like Industry 4.0, 5G, and the Internet of Things. Big data is the result of a massive increase in data generation as a result of technological advancements. Big data analytics are made simpler by artificial intelligence (AI) by automating and improving data preparation, data visualisation, predictive modelling, and other complex analytical operations that would otherwise be labor- and time-intensive. Artificial Intelligence (AI) accelerates the process of analyzing large, complex data sets and providing relevant insights to users.
The ability to process and analyze this data has led to new insights and predictions, and has enabled AI algorithms to make more informed and accurate decisions. For example, artificial intelligence (AI) algorithms can use data to identify patterns and trends that would be difficult for humans to detect, and can be used to make predictions about future events and outcomes.
However, the availability of data also raises important concerns about privacy and security. As artificial intelligence (AI) algorithms collect and process large amounts of sensitive information, it's crucial that appropriate measures are put in place to protect this data and ensure that it is used in a responsible and ethical manner. Despite these concerns, the continued availability of data is likely to drive the continued growth and development of artificial intelligence (AI) in the upcoming years.
Rising demand for enhancing consumer experience
In the digital age, a positive consumer experience is critical for survival and business activity. Businesses all over the world are focusing on a contactless and touchless model for delivering goods and services. The trend is especially visible in customer payment preferences. The demand for artificial intelligence (AI) solutions aimed at enhancing the consumer experience has been on the rise in recent years. Artificial Intelligence (AI) technologies like machine learning, natural language processing, and computer vision are being used to develop personalized and intuitive experiences for consumers across a variety of industries, including retail, finance, and healthcare. For example, in the retail industry, artificial intelligence (AI) is being used to develop personalized product recommendations and chatbots that can provide instant customer support. In finance, artificial intelligence (AI) algorithms are being used to analyze large amounts of data to provide personalized financial advice and investment recommendations. In healthcare, artificial intelligence (AI) is being used to analyze patient data to provide personalized treatment plans and to develop early warning systems for potential health issues. The goal of these artificial intelligence (AI) solutions is to provide a more personalized and convenient experience for consumers, making their lives easier and more enjoyable.
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Market Segmentation
Thailand
Market Players
Major market players in the Thailand Artificial Intelligence (AI) market are Google Thailand, Cisco Systems (Thailand) Ltd., Microsoft (Thailand) Limited, IBM Thailand Co., Ltd., Amazon Web Services (Thailand) Company Limited, Salesforce.Com (Thailand) Company Limited, AT & T Worldwide Service Thailand Ltd., Infosys Technology (Thailand) Co., Ltd., BlockchainLabs.ai, CODEMONDAY Co., Ltd.
| Attribute | Details |
| Base Year | 2022 |
| Historic Data | 2018 – 2021 |
| Estimated Year | 2023 |
| Forecast Period | 2024 – 2028 |
| Quantitative Units | Revenue in USD Million and CAGR for 2018-2022 and 2024-2028 |
| Report coverage | Revenue forecast, company share, growth factors, and trends |
| Segments covered | By Component By Technology By Deployment By Organization Type By Industry Vertical By Region |
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| Regional scope | Bangkok, Eastern, North-Eastern, Southern, Northern and Rest of the Thailand |
| Key companies profiled | Google Thailand, Cisco Systems (Thailand) Ltd., Microsoft (Thailand) Limited, IBM Thailand Co., Ltd., Amazon Web Services (Thailand) Company Limited, Salesforce.Com (Thailand) Company Limited, AT & T Worldwide Service Thailand Ltd., Infosys Technology (Thailand) Co., Ltd., BlockchainLabs.ai, CODEMONDAY Co., Ltd |
| Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
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| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
