According to GSMA, 5G technology will account for 14% of the total communications market by 2025. The ratio of such coverage in Thailand will increase to 23% which is above average in Asia-Pacific. This is a welcoming development because it helps boost continuous growth for the electronics industry.
An analysis from Krungsri Research indicates that Thailand's electronics industry will rebound in 2021-2023 following the recovery of the global economy. What’s more, the strong demand for PCB and high-capacity hard disk drives due to the increasing demand for cloud computing and data centers, and everyday IT products such as smartphones, personal computers, laptops and tablets as a result of the work-from-home policy by various organizations, and online learning policy by educational institutions of all levels during the COVID-19 pandemic are all contributing factors. There is also a report that the world-class IT company such as Apple has established production bases in Thailand. Therefore, if the government provides full-steam support, Thailand’s SMEs should be able to expand and develop advanced technologies associated with 5G technology in the future.
5G technology is a phenomenon that should be monitored closely, as well a key to first rate business opportunity. “NEPCON Thailand 2022” is committed to serve as a connector between buyers and sellers in the electronics manufacturing industry, and assist in the transformation of business activities through conferences, product recommendation service and business matching between potential trade partners. If you are looking for effective platform to strengthen your business and step into the future with confidence, join us during 22-25 June 2022 at BITEC Bangna!
