Market Forecast By Component (Software, Hardware, Services), By Software (IAM, Antivirus/Antimalware, Log Management and SIEM, Encryption and Tokenization, Compliance and Policy Management, Patch Management, Other Software), By Security Type (Network Security, Cloud Security, Application Security, Endpoint and IoT Security), By Deployment Mode (Cloud, On-premises), By Organization Size (Large Enterprises, SMEs), By Vertical (Aerospace and Defense, BFSI, IT and ITeS, Telecommunication, Energy and Utilities, Retail and eCommerce, Healthcare, Transportation and Logistics) And Competitive Landscape
Product Code: ETC4385426 | Publication Date: Jul 2023 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
Report Name | Thailand Cyber Security Market |
Forecast period | 2025-2031 |
CAGR | 13.4% |
Growing Sector | Manufacturing Sector |
Thailand Cyber Security Market report thoroughly covers the market By Product Type, By End-User Industry, and By Deployment. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Thailand Cyber Security Market is experiencing significant growth due to increasing awareness and investments in digital protection measures across sectors. The rapid adoption of digital technologies, such as cloud computing, IoT, and AI, has escalated the need for robust cyber security solutions. Key drivers include rising cyber threats, regulatory compliance requirements, and a growing number of data breaches targeting organizations. Both private and government sectors are actively prioritizing cyber security strategies to safeguard sensitive information. Demand is strong for network security, endpoint protection, and threat intelligence solutions, with prominent players offering advanced technologies to mitigate risks effectively. The market also benefits from increased regional collaboration and training initiatives aimed at strengthening cybersecurity frameworks within Thailand.
According to 6Wresearch, the Thailand Cyber Security Market Size is expected to reach a significant CAGR of 13.4% during the forecast period 2025-2031. This growth highlights the critical role of cybersecurity in Thailand's evolving digital ecosystem. With the increasing reliance on digital platforms and technologies, the need for sophisticated and scalable cybersecurity solutions continues to rise. Organizations are expected to make significant investments in cutting-edge technologies like AI-driven threat detection, advanced encryption, and secure cloud infrastructure. Additionally, stringent regulatory policies and government initiatives are paving the way for a more robust cybersecurity environment. The market’s expansion is further fueled by ongoing collaborations between public and private sectors, along with rising awareness about the critical importance of safeguarding against cyber threats.
Thailand cyber security market faces several notable restraints that hinder its growth potential. One key challenge is the shortage of skilled cybersecurity professionals in the country, which limits the ability of organizations to implement and manage robust security measures effectively. Additionally, many small and medium-sized enterprises (SMEs) operate with limited budgets, making it difficult for them to invest in advanced cybersecurity solutions. Furthermore, there is a general lack of awareness and prioritization of cybersecurity among businesses, leaving them vulnerable to evolving cyber threats. Regulatory and compliance challenges also pose barriers, as organizations may struggle to keep up with changing requirements.
Cyber Security Market in Thailand is witnessing dynamic trends driven by technological advancements and increasing cyber threats. One prominent trend is the adoption of AI and machine learning in detecting and mitigating sophisticated cyberattacks. Organizations are investing in secure cloud technologies to counter risks associated with remote working. Additionally, the demand for managed security services is surging as enterprises seek cost-effective, scalable solutions. The implementation of stricter data protection regulations, such as the Personal Data Protection Act (PDPA), is further influencing the market landscape. Collaboration between government, educational institutions, and cybersecurity firms is fostering innovation, while public awareness campaigns are highlighting the importance of proactive cyber defense measures to safeguard digital assets effectively.
Thailand Cyber Security Industry offers significant investment opportunities as businesses and institutions prioritize safeguarding their digital infrastructure. The increasing adoption of AI, machine learning, and secure cloud-based solutions has created a demand for innovative cybersecurity technologies. Startups focusing on advanced threat detection, encryption technologies, and network security can find immense potential in this growing market. Additionally, government initiatives under the Personal Data Protection Act (PDPA) encourage private-sector collaboration, opening avenues for consultancy and managed security services. The rise of cyber breaches in Southeast Asia positions Thailand as a lucrative hub for cybersecurity research and solutions. Investors can tap into this thriving industry by aligning with emerging trends and developing local expertise.
Leading players in the market that are fueling the Thailand Cyber Security Market Share include a mix of global giants and innovative local firms. Companies like Palo Alto Networks, Fortinet, and Cisco Systems are dominating with advanced threat prevention and secure network solutions. Local players such as CAT CYFENCE and ACIS Professional Center also bring specialized services tailored to unique regional needs, including compliance with the Personal Data Protection Act (PDPA). Additionally, Check Point Software Technologies and Trend Micro are expanding their footprint by offering cutting-edge solutions in threat intelligence and endpoint protection.
The Thai government has implemented stringent regulations to strengthen the nation’s cybersecurity infrastructure. The Personal Data Protection Act (PDPA) mandates the secure handling of personal data and has pushed businesses to adopt robust cybersecurity measures. Furthermore, the Cybersecurity Act focuses on safeguarding critical information infrastructure (CII), requiring organizations to implement risk management and incident response plans. Agencies like the ETDA (Electronic Transactions Development Agency) oversee compliance and provide guidelines to enhance digital security.
Thailand Cyber Security Market Growth is expected to accelerate as digital transformation initiatives continue to expand across industries. With the increasing adoption of cloud computing, IoT, and AI technologies, the demand for advanced cybersecurity solutions is set to rise. Additionally, the growing sophistication of cyber threats will push organizations to invest in next-generation tools such as zero-trust security frameworks and AI-driven threat detection systems. Government efforts to enhance cybersecurity awareness and promote public-private partnerships will also play a pivotal role in fostering innovation in the sector.
The report offers a comprehensive study of the subsequent market segments and their leading categories.
The Thailand cyber security market is witnessing significant growth, with Identity and Access Management (IAM) emerging as a dominant product type. The surge in digital transformation across industries and increased reliance on cloud-based solutions have amplified the demand for robust IAM solutions. Businesses are prioritizing identity verification, access control, and data protection to safeguard against rising cyber threats.
According to Ravi Bhandari, Research Head, 6Wresearch, the healthcare industry is set to dominate the Thailand cyber security market due to its increasing adoption of digital healthcare solutions and the critical need to protect sensitive patient data. With rising instances of cyberattacks targeting electronic health records (EHRs) and hospital systems, healthcare providers are prioritizing robust security frameworks.
Cloud deployment is projected to dominate the Thailand cyber security market due to the rapid adoption of cloud services across diverse industries. Businesses are migrating to cloud platforms to enhance scalability, efficiency, and cost-effectiveness, which in turn increases the demand for advanced cloud security solutions.
The market report has been segmented and sub-segmented into the following categories:
· Identity & Access Management
· Threat Detection & Prevention
· DDoS & Mitigation
· IDS
· Security Information & Event Management
· Others
· Aerospace & Defense
· Healthcare
· Manufacturing
· Retail
· Utility
· IT & Telecom
· Others
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Thailand Cyber Security Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Cyber Security Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Cyber Security Market - Industry Life Cycle |
3.4 Thailand Cyber Security Market - Porter's Five Forces |
3.5 Thailand Cyber Security Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.6 Thailand Cyber Security Market Revenues & Volume Share, By Software, 2021 & 2031F |
3.7 Thailand Cyber Security Market Revenues & Volume Share, By Security Type, 2021 & 2031F |
3.8 Thailand Cyber Security Market Revenues & Volume Share, By Deployment Mode, 2021 & 2031F |
3.9 Thailand Cyber Security Market Revenues & Volume Share, By Organization Size, 2021 & 2031F |
3.10 Thailand Cyber Security Market Revenues & Volume Share, By Vertical, 2021 & 2031F |
4 Thailand Cyber Security Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Cyber Security Market Trends |
6 Thailand Cyber Security Market, By Types |
6.1 Thailand Cyber Security Market, By Component |
6.1.1 Overview and Analysis |
6.1.2 Thailand Cyber Security Market Revenues & Volume, By Component, 2021-2031F |
6.1.3 Thailand Cyber Security Market Revenues & Volume, By Software, 2021-2031F |
6.1.4 Thailand Cyber Security Market Revenues & Volume, By Hardware, 2021-2031F |
6.1.5 Thailand Cyber Security Market Revenues & Volume, By Services, 2021-2031F |
6.2 Thailand Cyber Security Market, By Software |
6.2.1 Overview and Analysis |
6.2.2 Thailand Cyber Security Market Revenues & Volume, By IAM, 2021-2031F |
6.2.3 Thailand Cyber Security Market Revenues & Volume, By Antivirus/Antimalware, 2021-2031F |
6.2.4 Thailand Cyber Security Market Revenues & Volume, By Log Management and SIEM, 2021-2031F |
6.2.5 Thailand Cyber Security Market Revenues & Volume, By Encryption and Tokenization, 2021-2031F |
6.2.6 Thailand Cyber Security Market Revenues & Volume, By Compliance and Policy Management, 2021-2031F |
6.2.7 Thailand Cyber Security Market Revenues & Volume, By Patch Management, 2021-2031F |
6.3 Thailand Cyber Security Market, By Security Type |
6.3.1 Overview and Analysis |
6.3.2 Thailand Cyber Security Market Revenues & Volume, By Network Security, 2021-2031F |
6.3.3 Thailand Cyber Security Market Revenues & Volume, By Cloud Security, 2021-2031F |
6.3.4 Thailand Cyber Security Market Revenues & Volume, By Application Security, 2021-2031F |
6.3.5 Thailand Cyber Security Market Revenues & Volume, By Endpoint and IoT Security, 2021-2031F |
6.4 Thailand Cyber Security Market, By Deployment Mode |
6.4.1 Overview and Analysis |
6.4.2 Thailand Cyber Security Market Revenues & Volume, By Cloud, 2021-2031F |
6.4.3 Thailand Cyber Security Market Revenues & Volume, By On-premises, 2021-2031F |
6.5 Thailand Cyber Security Market, By Organization Size |
6.5.1 Overview and Analysis |
6.5.2 Thailand Cyber Security Market Revenues & Volume, By Large Enterprises, 2021-2031F |
6.5.3 Thailand Cyber Security Market Revenues & Volume, By SMEs, 2021-2031F |
6.6 Thailand Cyber Security Market, By Vertical |
6.6.1 Overview and Analysis |
6.6.2 Thailand Cyber Security Market Revenues & Volume, By Aerospace and Defense, 2021-2031F |
6.6.3 Thailand Cyber Security Market Revenues & Volume, By BFSI, 2021-2031F |
6.6.4 Thailand Cyber Security Market Revenues & Volume, By IT and ITeS, 2021-2031F |
6.6.5 Thailand Cyber Security Market Revenues & Volume, By Telecommunication, 2021-2031F |
6.6.6 Thailand Cyber Security Market Revenues & Volume, By Energy and Utilities, 2021-2031F |
6.6.7 Thailand Cyber Security Market Revenues & Volume, By Retail and eCommerce, 2021-2031F |
6.6.8 Thailand Cyber Security Market Revenues & Volume, By Transportation and Logistics, 2021-2031F |
6.6.9 Thailand Cyber Security Market Revenues & Volume, By Transportation and Logistics, 2021-2031F |
7 Thailand Cyber Security Market Import-Export Trade Statistics |
7.1 Thailand Cyber Security Market Export to Major Countries |
7.2 Thailand Cyber Security Market Imports from Major Countries |
8 Thailand Cyber Security Market Key Performance Indicators |
9 Thailand Cyber Security Market - Opportunity Assessment |
9.1 Thailand Cyber Security Market Opportunity Assessment, By Component, 2021 & 2031F |
9.2 Thailand Cyber Security Market Opportunity Assessment, By Software, 2021 & 2031F |
9.3 Thailand Cyber Security Market Opportunity Assessment, By Security Type, 2021 & 2031F |
9.4 Thailand Cyber Security Market Opportunity Assessment, By Deployment Mode, 2021 & 2031F |
9.5 Thailand Cyber Security Market Opportunity Assessment, By Organization Size, 2021 & 2031F |
9.6 Thailand Cyber Security Market Opportunity Assessment, By Vertical, 2021 & 2031F |
10 Thailand Cyber Security Market - Competitive Landscape |
10.1 Thailand Cyber Security Market Revenue Share, By Companies, 2024 |
10.2 Thailand Cyber Security Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |