New Market Research Report: Philippines Information Technology Report Q2 2015

From: Fast Market Research, Inc.
Published: Mon Mar 02 2015

We have a bullish outlook for the development of the Philippines' IT market, and identify it as a regional outperformer over the medium term. The low penetration of products and services crea t es an opportunity for vendors to target the market as incomes rise and device prices decline, with a fertile environment for a period of robust catch-up growth.

Meanwhile, the booming business process outsourcing (BPO) industry presents a huge opportunity for enterprise sales for hardware and software vendors. Taking the market as a whole, we forecast IT spending growth of 10.6% in 2015, with the market expected to reach a value of almost PHP201bn. Over the medium term emerging technologies will add to the growth momentum, particularly in the latter years of our forecast period, with cloud services, big data analytics, smart infrastructure, telehealth and e-government all expected to contribute to growth.

Headline Expenditure Projections

* Computer hardware sales: PHP99.1bn in 2014 to PHP107.4bn in 2015, growth of 8.4%. We expect growth of notebook and tablet shipments will offset a contraction in desktop sales in 2015, although tablet growth outperformance will continue to narrow after the tablet volume boom of 2012-2014.
* Software sales: PHP27.0bn in 2014 to PHP29.6bn in 2015, growth of 9.4%. Growth is expected to slow from 2014, when sales were boosted by XP upgrades, but enterprise software demand growth will remain on a strong trajectory in 2015.
* IT services sales: PHP55.6bn in 2014 to PHP64.0bn in 2015, growth of 15.0%. The booming outsourcing sector provides the main impetus for outperformance, but cloud computing supply growth as telecoms operators invest in infrastructure and service development should drive wider adoption.

Full Report Details at

Key Trends And Developments

* In January 2015 the government received criticism from the Contact Center Association of the Philippines (CCAP), which publicly opposed the proposal to remove some of the tax breaks...

The Philippines Information Technology Report features Business Monitor International (BMI)'s market assessment and independent forecasts covering personal computers and software; semi-conductors, memory chips, integrated circuits and general components; the internet and IT solutions. It analyses analyses regulatory changes (licensing, customs and intellectual property protection) and competitive landscapes comparing IT companies by products, sales, market share, investments, projects and expansion strategies.

BMI's Philippines Information Technology Report provides industry professionals and strategists, corporate analysts, IT associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on the IT industry in Philippines.

Key Benefits

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Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
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