Technology is being introduced in different sectors around the world and Thailand is no exception. It’s constantly moving towards advanced digitalization in multiple professional sectors including education and healthcare.
Besides local business conglomerates, the government is also focusing on bringing digital technology to every corner of the country. No wonder why Thailand is one of the fastest-growing first-world countries.
This blog will show you about the new digital technology in Thailand. It will cover advanced technical trends that are being used all around the country for better convenience and profits. Let’s start.
Thailand – A Technologically Emerging Country:
Thailand is considered to be one of the rapidly emerging countries when it comes to technological advancement. Its private and government sectors are struggling together to digitalize the business, education, and healthcare sectors.
Thai agencies like DEPA have been playing an important role in localizing technology. It has been helping and supporting startups to encourage people to invest in technology.
After normalizing basic technologies like high-speed Internet, digital devices, etc., this country is now entering its tech 4.0 era.
It means Thailand is chasing new ways and technologies to make things more productive, efficient, and innovative. Further, I’m going to talk about the main sectors facing tech modernization in Thailand.
The New Digital Technology in Thailand:
Thailand is localizing the following new digital technologies:
5G Connectivity:
Internet access is one of the most important things for Thai people and 88% of its total population has access to it. Whether it is for business or personal use, people use a lot of Internet data every day. Thai telecommunication companies are now introducing 5G connectivity to the public.
It is a high-speed and next level of Internet connectivity that people as well as businesses are enjoying in the country. It delivers an average speed of 100-300Mbps which offers great connectivity.
Many businesses can use it to perform their professional tasks smoothly. For example, it can allow them to share and receive data internationally at a rapid speed. Besides data sharing, this connectivity allows businesses to set up remote workstations easily for maximum productivity.
Sectors using 5G:
- Healthcare is using 5G for better telemedicine providing.
- Entertainment industries like online gaming are using it for improvement.
- People are using 5G for personal data usage as well.
Artificial Intelligence:
Since this blog will show you about the new digital technology in Thailand, it can’t be done without discussing Artificial Intelligence. Whether it’s Thailand or any other country across the world, Artificial Intelligence is being used at a large scale everywhere. With the introduction of multiple chatbots, people have started using them for entertainment and personal assistant usages.
However, the application of AI in Thailand goes beyond just personal usage. A large portion of these algorithms are helping different business types to increase their productivity and efficiency. Also, healthcare and educational industries are also utilizing it. Whether it is automotive manufacturing or data analysis for a company’s HR sector, AI is streamlining multiple procedures to make things profitable for businesses.
Sectors using AI:
- The healthcare sector is using AI for timely and precise diagnosis.
- The agriculture sector is using AI systems to calculate yield percentages.
- In education, schools and universities are using learning management systems to streamline learning procedures.
- Financial services are using it for better fraud detection.
Modern Data Centers:
A business’s success depends on how efficiently it handles its data. Whether it is a government agency or a private business, efficient data management is important. That’s where modern data centers come in.
A data center is a physical place that contains a lot of advanced computers and storage systems to handle data. These centers offer their services to businesses that need proper infrastructures to handle the information.
This information can be about the clients, international market analysis, or the company itself. There are a lot of these centers spread across Thailand that are offering their services. They are also using new technologies within themselves like cloud computing for better performance.
Sectors using data centers:
- Telecommunication companies rely heavily on customer data and use the services of these sectors.
- Internet Service Providers house their data on these computers to keep it accessible and safe.
- Web service providers need and use these servers for offering their own services.
Internet of Things (IoT):
The Internet of Things is taking over many sectors in Thailand due to its efficiency and convenience. It is a complex digital technology that uses the inner procedures and technicalities of different devices. These technicalities help IoT to handle data and make smooth connections between devices.
IoT is actually a complex yet efficient piece of technology that is slowly being adopted by many Thai companies. Their basic purpose is to make tech devices like smart home gadgets better.
It is also being used to receive and analyze complex data sets. These data sets can be related to almost any field from agriculture to healthcare. So, IoT will start getting completely utilized by most businesses across Thailand.
Sectors using IoT:
- The smart home gadgets production companies utilize IoT to make better products.
- It is being used in many data-receiving sensors used in gadgets like smartwatches.
- Automatic vehicles are using this technology as well.
- It is being used in agriculture for multiple things like improved irrigation systems.
Fintech:
This blog will show you about the new digital technology in Thailand and how Fintech is part of it in this section. The term Fintech stands for financial technology. It represents all the digital techniques and devices being used in the finance sector. The Thai financial sector has started utilizing this digital technology more and more.
Many banks and other institutions have started offering digital banking services. It allows people to handle their finances without having to deal with physical cash. For example, they allow people to make payments directly from their mobile phones.
Not only that, people have also started using peer-to-peer loans and lending services. As for other companies, calculating credit scores digitally has become easier with different fintech tools and software.
Thai people prefer investing their money in profitable places. However, not many people have a good idea about how to do that. So, many fintech services offer proper guidance and tools to help people in their investment careers.
Sectors using Fintech:
- Banks are using fintech to offer smooth financial services.
- Loan companies use them to calculate credit scores precisely.
- The investment sector utilizes it for better market analysis.
Future of Digital Technology in Thailand:
The future of digital technology in Thailand is nothing but brighter. New technologies are emerging almost every month and people are adapting to it perfectly. At this growth rate, the whole country will be digitalized in a few years.
Conclusion:
So, with the above-discussed points, this blog will show you about the new digital technology in Thailand. Thailand is one of the most advanced countries in the world and is growing even more. It is using new technologies both on business and personal levels. Government and private business sectors are adapting to the latest tech trends in order to get the best results.
Fields like education, finance, and healthcare have become better due to these reasons. The above-mentioned digital technologies are some of the top ones being used in the country.
Frequently Asked Questions (FAQs):
Is cryptocurrency investment available in Thailand?
Yes. Crypto is being highly used by many people in Thailand.
How it is using technology for the betterment of agriculture?
This country is using technologies like AI and IoT for better yield calculation and irrigation systems.
Is 5G connectivity available all across Thailand?
No. This connectivity hasn’t been deployed all over the country yet.
