Philippines Ict Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
The Philippine ICT market revenue is expected to grow at a CAGR of 8.0% over the next five years. Global leaders like Accenture, Cisco Systems, Globe Telecom, IBM, and Dell Technologies dominate the Philippine ICT market. The ICT market across the country is growing rapidly due to increased spending on hardware and software services.
Key HighlightsThe Philippine ICT market is fragmented, with many players operating in the market. Several key players in the ICT market are in constant efforts to bring advancements. A few prominent companies are entering into collaborations and expanding their footprints in developing regions to consolidate their positions in the market. The major players are Accenture, Cisco Systems, Globe Telecom, IBM, Dell Technologies, and many others.
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