MPLS-Based Core Network Market in Thailand

MPLS-Based Core Network in Thailand Trends and Forecast

The future of the MPLS-based core network market in Thailand looks promising with opportunities in the BFSI, manufacturing, government, healthcare, IT & telecommunication, and retail markets. The global MPLS-based core network market is expected to reach an estimated $74.4 billion by 2031 with a CAGR of 9.8% from 2025 to 2031. The MPLS-based core network market in Thailand is also forecasted to witness strong growth over the forecast period. The major drivers for this market are increasing demand for dependable and economical MPLS-based core networks and growing demand from various industries for safe connectivity.

• Lucintel forecasts that, Within the component category, the MPLS-based device segment is expected to witness the highest growth over the forecast period.
• Within the end use category, IT & telecommunication is expected to witness the highest growth over the forecast period.

Emerging Trends in the MPLS-Based Core Network Market in Thailand

The market for the MPLS-based core network in Thailand is undergoing significant changes as companies look for more efficient and secure networking solutions. The reason for these changes is primarily the developing digital infrastructure, the growing demand for high-bandwidth applications, and the necessity for secure connectivity. MPLS is a key enabler of these technological shifts, especially in industries like telecommunications, finance, and government services. Below are five trends that are defining the future of the MPLS-based core network market in Thailand.

• 5G Network Deployment: The roll-out of 5G networks in Thailand is fueling the demand for MPLS-based core networks to deliver the high-bandwidth, low-latency infrastructure needed. MPLS ensures that 5G services, such as IoT applications and mobile broadband services, run seamlessly and securely.
• Cloud Integration: With the increasing migration towards the cloud, companies in Thailand are relying more on MPLS networks to link on-premises infrastructure with the cloud. MPLS provides high-performance, secure data transfer, maximizing both public and private cloud environments for Thai businesses.
• SD-WAN Adoption: The growing need for affordable, agile networking solutions is driving the adoption of SD-WAN and MPLS integration in Thailand. This combined model offers enterprises the advantages of SD-WAN, including agility and cost efficiency, while utilizing MPLS for mission-critical applications that need greater security and performance.
• Internet of Things (IoT) Growth: With Thailand’s adoption of IoT in industries such as manufacturing, agriculture, and healthcare, MPLS networks are used to handle the enormous amounts of data produced by IoT-connected devices. MPLS provides seamless connectivity and low-latency communications, which are critical for real-time IoT applications.
• Cybersecurity Improvements: With increasing concerns regarding cyberattacks, Thailand is emphasizing the strengthening of network security. MPLS networks ensure the safe transmission of data via dedicated, private paths, allowing businesses to protect sensitive information and adhere to local and international privacy laws.

These emerging trends indicate a broader movement in Thailand towards flexible, secure, and high-performance networking solutions. The coupling of 5G, cloud, SD-WAN, IoT, and security controls will continue to define the MPLS-based core network market, enabling companies to achieve improved efficiency and performance in their digital transformation processes.

Recent Developments in the MPLS-Based Core Network Market in Thailand

Thailand’s MPLS-based core network market has been changing as companies and government agencies aim to develop more secure and reliable network infrastructure. The market is being influenced by advancements in 5G, cloud computing, and the growth of IoT adoption. Below are five significant recent developments in Thailand’s MPLS market.

• 5G Rollout: The deployment of 5G networks in Thailand has triggered strong demand for MPLS-based core networks capable of meeting the high-speed, low-latency demands of 5G services. MPLS plays a crucial role in enabling the efficient transmission of data for next-generation 5G applications.
• Cloud Adoption Boom: Thai businesses are increasingly migrating to cloud platforms, and MPLS is at the forefront of offering secure and reliable connections between enterprise data centers and the cloud. This trend maximizes hybrid IT environments and enables scalable business models.
• SD-WAN Deployment: The growth of SD-WAN technology in Thailand is fueling the use of hybrid MPLS-SD-WAN solutions. These solutions allow companies to reconcile cost savings and flexibility with the security and reliability of MPLS for mission-critical applications.
• IoT Expansion: With Thailand’s IoT environment growing, companies across industries such as manufacturing, logistics, and healthcare are using MPLS-based core networks to transfer large volumes of real-time data from IoT devices securely. This enables effective operations and data-based decision-making.
• Cybersecurity Programs: With growing cyberattacks, Thai companies are concentrating on network security. MPLS networks offer a second layer of security by encrypting data traffic and providing dedicated private channels, which protects sensitive business data and adheres to local data protection regulations.

These latest trends reflect the increasing significance of MPLS in enabling Thailand’s technological progress. With the emergence of 5G, cloud computing, SD-WAN, IoT, and cybersecurity concerns, MPLS is crucial in guaranteeing the high-performance and secure network needed for the digitalization of the nation.

Strategic Growth Opportunities for MPLS-Based Core Network Market in Thailand

The market for MPLS-based core networks in Thailand offers strong growth prospects as companies in multiple industries seek to upgrade their digital infrastructures. With the increasing adoption of cloud services, IoT, and heightened demands for secure networks, numerous opportunities exist to harness the potential of MPLS technology for business growth. Below are five strategic growth prospects in the MPLS-based core network market.

• 5G Backhaul Connectivity: 5G network rollouts provide tremendous growth potential for MPLS-based backhaul services. MPLS networks can accommodate ultra-low latency and high-bandwidth demands required in 5G, providing seamless data communication for services like IoT and mobile broadband.
• Cloud Networking Solutions: As companies shift to the cloud, there is increasing demand for MPLS networks to offer stable and secure interconnectivity between on-premises infrastructures and the cloud. MPLS is perfect for providing the best performance and security for cloud applications and hybrid IT infrastructures.
• IoT Connectivity: With the growth of IoT device adoption across sectors like manufacturing and healthcare, MPLS-based networks can provide secure, scalable solutions for handling large volumes of data generated. This presents an opportunity for service providers to offer IoT-specific MPLS solutions that provide real-time, low-latency data transmission.
• SD-WAN Integration: The integration of SD-WAN with MPLS offers an opportunity for business growth for organizations looking to enhance flexibility and minimize network expenses. By integrating MPLS with SD-WAN, organizations can achieve optimized network performance with security and reliability for mission-critical applications.
• Cybersecurity Services: As cyber threats continue to rise, businesses are increasingly seeking secure networking solutions. MPLS offers enhanced security features such as private paths and data encryption, creating opportunities for network service providers to offer comprehensive cybersecurity solutions to protect sensitive business data.

These strategic growth prospects within the MPLS-based core network market reflect the growing need for high-performance, scalable, and secure networking solutions. With the increasing adoption of 5G, cloud services, IoT, and SD-WAN technologies among Thai enterprises, MPLS continues to play a pivotal role in facilitating digital transformation.

MPLS-Based Core Network Market in Thailand Driver and Challenges

The Thailand MPLS-based core network market is driven by several technological, economic, and regulatory factors. These drivers are propelling the demand for MPLS solutions, whereas challenges like cost, complexity, and competition from other technologies must be overcome for the market to sustain its success. Below are five key drivers and three key challenges facing the MPLS market in Thailand.

The factors responsible for driving the MPLS-based core network market in Thailand include:
• 5G Network Deployment: The growth of 5G networks in Thailand generates high demand for MPLS to deliver the high-speed, low-latency infrastructure 5G backhaul needs. MPLS provides the reliability and performance of 5G services required to succeed with new-age applications.
• Cloud Adoption: The growing migration towards cloud computing in Thailand is a key enabler for MPLS. Cloud solutions demand secure, high-performance connectivity, and MPLS networks deliver the necessary performance and reliability for cloud and hybrid IT environments.
• IoT Expansion: The increasing growth of IoT networks across industries like manufacturing, healthcare, and logistics creates a growing need for MPLS networks. IoT devices demand real-time, low-latency communications, and MPLS offers the security and scalability to meet these demands.
• Adoption of SD-WAN: The growing adoption of SD-WAN technology is fueling the use of MPLS within hybrid solutions. SD-WAN with MPLS allows companies to optimize their networks, offering them flexibility while ensuring security and reliability for key applications.
• Cybersecurity Issues: In the wake of increasing cybersecurity attacks, companies are focusing on secure networking solutions. MPLS comes with added security features, like private data paths and encryption, making it an excellent choice for companies to protect sensitive information.

Challenges in the MPLS-based core network market in Thailand include:
• Implementation Cost: The initial implementation cost of MPLS networks can be substantial, especially for small businesses. The deployment, maintenance, and upgrade costs of MPLS infrastructure could hinder its adoption, particularly in cost-sensitive industries.
• Complexity in Management: MPLS networks may be complicated to install and manage. This can pose a problem for organizations that lack the technical expertise to handle such systems, leading to inefficiencies or security risks.
• SD-WAN Competition: SD-WAN is also becoming popular because it is more flexible and cheaper than MPLS. Companies looking for cheaper networking solutions might opt for SD-WAN instead of MPLS, making it difficult for MPLS service providers to compete in Thailand.

The primary drivers for the adoption of MPLS in Thailand are 5G deployment, cloud adoption, IoT expansion, SD-WAN integration, and increased cybersecurity concerns. However, challenges such as high installation costs, network complexity, and competition from SD-WAN technologies must be addressed. Despite these challenges, MPLS continues to play a vital role in Thailand’s growing digital landscape.

List of MPLS-Based Core Network Market in Thailand Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. Through these strategies, MPLS-based core network companies cater to increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the MPLS-based core network companies profiled in this report include:
• Company 1
• Company 2
• Company 3
• Company 4
• Company 5
• Company 6
• Company 7

MPLS-Based Core Network Market in Thailand by Segment

The study includes a forecast for the MPLS-based core network market in Thailand by component and end use.

MPLS-Based Core Network Market in Thailand by Component [Analysis by Value from 2019 to 2031]:

• MPLS-Based Devices
• IP/MPLS Management Software
• Services

MPLS-Based Core Network Market in Thailand by End Use [Analysis by Value from 2019 to 2031]:

• BFSI
• Manufacturing
• Government
• Healthcare
• IT & Telecommunications
• Retail
• Others

Features of the MPLS-Based Core Network Market in Thailand

Market Size Estimates: MPLS-based core network in Thailand market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends and forecasts by various segments.
Segmentation Analysis: MPLS-based core network in Thailand market size by component and end use in terms of value ($B).
Growth Opportunities: Analysis of growth opportunities in different component and end use for the MPLS-based core network in Thailand.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the MPLS-based core network in Thailand.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

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FAQ

Q1. What are the major drivers influencing the growth of the MPLS-based core network market in Thailand?
Answer: The major drivers for this market are increasing demand for dependable and economical MPLS-based core network and growing demand from various industries for safe connectivity.
Q2. What are the major segments for MPLS-based core network market in Thailand?
Answer: The future of the MPLS-based core network market in Thailand looks promising with opportunities in the BFSI, manufacturing, government, healthcare, IT & telecommunication, and retail markets.
Q3. Which MPLS-based core network market in Thailand segment will be the largest in future?
Answer: Lucintel forecasts that MPLS-based device segment is expected to witness the highest growth over the forecast period.
Q4. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 10 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the MPLS-based core network market in Thailand by component (MPLS-based devices, IP/MPLS management software, and services), and end use (BFSI, manufacturing, government, healthcare, IT & telecommunications, retail, and others)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.4. What are the business risks and competitive threats in this market?
Q.5. What are the emerging trends in this market and the reasons behind them?
Q.6. What are some of the changing demands of customers in the market?
Q.7. What are the new developments in the market? Which companies are leading these developments?
Q.8. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.9. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.10. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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