Philippines IT Industry, Philippines IT Market, Philippines IT Market Research Report, Philippines IT Industry Research Report : ken Research

Competitive Landscape Of Philippines It
Industry And Its Future Scope : Ken
Research

How the philippines hardware market
is positioned?
• In accordance with International Data Corporation (IDC), the Philippines IT Market
spending was observed to be majorly skewed towards hardware components, with
more than ~% of all IT spend from enterprises focused on purchasing devices such
as PC, laptops, smart phones, tablets and others. In terms of revenue, Philippines
hardware market size was witnessed to increase from PHP ~ million in the year
2012 to PHP ~ million in 2018P, therefore showcasing a CAGR of ~% over the
review period 2012-2018P. Majority of the Philippines IT hardware spending is
derived from enterprises, focused on purchasing electronic devices such as
desktop computers and laptops especially industries such as FMCG, BFSI, health,
media & communications sectors.
• In terms of sales volume; the hardware market was evaluated at ~ thousand units
in 2012 which witnessed an increase to ~ thousand units in 2018P. Competition
within the Philippines hardware market was observed to be mildly fragmented
with the presence of major players such as Samsung, Acer, Apple, Asus, LG,
Toshiba, Vaio, Lenovo and others. IT spends by corporate and retail customers
were witnessed to increase significantly leading to expansion in the amount of
money spent on the hardware industry in the Philippines.

Philippines Hardware Market
Segmentation
• By Computers, Peripherals and Others
• Computes in the Philippines IT industry clearly established themselves as the market leader by
capturing a massive revenue share of ~% in the year 2018P owing to increased IT spending towards
storage devices, network devices and portable computers such as smart phones and tablets. They
were followed by peripherals and others with respective revenue shares of ~% and ~% in the
Philippines hardware market in 2018P.
• By Distribution Channel
• People living in Philippines prefer buying hardware and related products from offline distribution
channels including electronics and appliance specialist retailers, internet retailers and other mixed
retailers.
• Over the forecast period 2018P-2023E, the Philippines hardware market revenues are further
anticipated to increase to PHP ~ million by the year 2023E, thus showcasing a CAGR of ~%. Apart
from the consistent growth displayed in the corporate market, PC and laptop sales in Philippines is
expected to be driven by fast growing eSports enthusiasts who are rising to the level of
professionals in any sport such as basketball, football or other traditional sports. Growth in the sale
of innovative new machines such as hybrid laptops with removable tablet screens is gaining
attraction among many Filipino customers, especially the youth. In the near future, this could prove
to be a major driving force for the country’s hardware market in terms of market revenues.

How philippines it-bpo market is
positioned?
• Business Process Outsourcing (BPO) is the means of farming out business
tasks and processes, usually to a third party service provider, who later on
off-shore their labor-intensive operations to the domestic country. In the
Philippines, several organizations were observed to outsource a wide
range of internal office function such as accounting, IT services, HR
service, quality assurance and payment processing. The 90’s in the
Philippines saw emergence of several companies such as Accenture and
Sykes who set up call centers, with jobs being outsourced from outside the
Philippines, especially from the US. In accordance with the Philippines
Department of Transportation and Communications, the country has
grown from weak infrastructure, limited broadband access and insufficient
regulatory support to increasing number of private internet service
providers and higher broad-band speeds ranging from 20-45 mbps for
voice across the nation. The BPO boom in the Philippines is not led by
traditional low value added call centers but by high end outsourcing or
KPOs.

• . The Philippines IT-BPO market revenues were evaluated at PHP ~ billion
in the year 2012. Filipino employees were observed to be more fluent
towards speaking western accented English as compared to their Indian
counterparts. Additionally, they carry patience, a trait which comes in
handy while facing annoyed customers. Their close affinity towards
western culture coupled with high problem solving capabilities makes
them unique in terms of skilled workforce. The country’s IT-BPO market
revenues increased from PHP ~ billion in 2013 to PHP ~ billion in 2014,
thus showcasing a high growth rate of ~%.The Government of the
Philippines was witnessed to make key legislative changes in order to favor
international MNCs that were looking to outsource work to the
Philippines. For instance, Data Privacy Act, which puts into place stringent
international quality data privacy standards, thereby ensuring that
sensitive information being handled on a regular basis remains secure.
Some of the major IT-BPO/BPM companies operating within the
Philippines include Accenture, Convergys, JPMorgan, Sutherland Global
Services Philippines, 24/7 Customer Philippines, Sitel, Telephilippines Inc,
TeleTech Offshore Investments and others.

• To know more, click on the link below:
• https://www.kenresearch.com/technology-and-telecom/it-andites/philippines-it-industry/184012-105.html
• Related Reports :
• https://www.kenresearch.com/defense-and-security/securitydevices/middle-east-cyber-security-market/160752-16.html
• https://www.kenresearch.com/defense-and-security/securitydevices/middle-east-electronic-security-market/168983-16.html
• https://www.kenresearch.com/defense-and-security/securitydevices/brazil-cyber-security-market-report/111464-16.html
• Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249