Add 2 More Reports For 20% off

Report Overview

2024

Base Year

2018-2024

Historical Year

2025-2034

Forecast Year

Philippines Telecom Market Size

The Philippines telecom market reached around USD 6.13 billion in 2024. The market is projected to grow at a CAGR of 4.1% between 2025 and 2034 to reach nearly USD 8.80 billion by 2034.

Philippines Telecom Market Report Summary Description Value
Base Year USD Billion 2023
Historical Period USD Billion 2018-2024
Forecast Period USD Billion 2025-2034
Market Size 2024 USD Billion 6.13
Market Size 2034 USD Billion 8.80
CAGR 2018-2024 Percentage XX%
CAGR 2025-2034 Percentage 4.1%
CAGR 2025-2034 - Market by Service Machine-to-Machine (Mobile IoT) Services 5.1%
CAGR 2025-2034 - Market by End Use Wireless 4.7%
2023 Market Share by Service Fixed Internet Access Services XX%

Philippines Telecom Market Outlook

  • The total number of mobile subscribers in the Philippines is expected to reach 159 million by 2025.
  • In May 2021, the mobile internet speed in the Philippines was 31.98 Mbps.
  • By 2025, the total number of broadband subscribers in the Philippines can reach 10.8 million.

Philippines Telecom Market Growth

As per the National Telecommunication Commission, the Philippines has nearly 23,000 cell sites, which is lower than its neighbouring counterparts like Vietnam (90,000) and Bangladesh (30,000). As per the Asian Development Bank, the Philippines needs to establish 60,000 additional cell towers by 2031 in its GIDA (Geographically Isolated and Disadvantaged Areas). As per the World Bank, though the Philippines has the most expensive rates for internet subscriptions in Southeast Asia, the speed of connectivity is relatively slow as compared to other countries like Singapore, Thailand, Brunei, and Malaysia. Therefore, the Philippines needs to invest nearly $1.1 billion to expand the coverage of fibre optic networks in the country.

Improvements in the regulations of telecom are expected to facilitate the market growth. In May 2020, the Philippines’ Department of ICT introduced the Common Tower Policy, which is expected to drive the coverage of mobile networks in the country. Besides, the DICT and BCDA (Bases and Conversion Development Authority) are collectively executing the National Broadband Plan worth $20 million, which includes the National Free Wi-Fi Program, Common Tower Policy, and satellite overlay under its ambit.

Philippines Telecom Market

Philippines Telecom Industry Segmentation

Philippines Telecom Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:

Market Breakup by Service

  • Fixed Voice Services
  • Fixed Internet Access Services
  • Mobile Voice Services
  • Mobile Data Services
  • Pay-TV Services
  • Machine-to-Machine (Mobile IoT) Services
CAGR 2025-2034 - Market by Service
Machine-to-Machine (Mobile IoT) Services 5.1%
Mobile Data Services 4.7%
Fixed Internet Access Services 4.2%
Fixed Voice Services XX%
Mobile Voice Services XX%
Pay-TV Services XX%

Market Breakup by Transmission

  • Wireline
  • Wireless
CAGR 2025-2034 - Market by End Use
Wireless 4.7%
Wireline XX%

Philippines Telecom Market Share

Based on services, the market is segmented into fixed voice services, fixed internet access services, mobile voice services, mobile data services, Pay-Tv services, and mobile IoT services. Over the forecast period, machine to machine (mobile IoT) services are expected to grow at a CAGR of 5.1%, due to rapid technological advancements.

Leading Companies in the Philippines Telecom Market

To expand its public broadband infrastructure and boost connectivity in far flung areas, the World Bank has provided the Philippines with a grant of PhP 16.1 billion to accelerate the rollout of the Philippines Digital Infrastructure Project.

  • PLDT Inc.
  • GLOBE TELECOM, INC.
  • DITO Telecommunity Corporation
  • CONVERGE INFORMATION AND COMMUNICATIONS TECHNOLOGY SOLUTIONS, INC.
  • Eastern Telecommunications Philippines, Inc.
  • SKY Cable Corporation.
  • NOW Corporation
  • Others

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2024
Forecast Period 2025-2034
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Service
  • Transmission
Breakup by Service
  • Fixed Voice Services
  • Fixed Internet Access Services
  • Mobile Voice Services
  • Mobile Data Services
  • Pay-TV Services
  • Machine-to-Machine (Mobile IoT) Services
Breakup by Transmission
  • Wireline
  • Wireless
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • PLDT Inc.
  • GLOBE TELECOM, INC.
  • DITO Telecommunity Corporation
  • CONVERGE INFORMATION AND COMMUNICATIONS TECHNOLOGY SOLUTIONS, INC.
  • Eastern Telecommunications Philippines, Inc.
  • SKY Cable Corporation.
  • NOW Corporation
  • Others

Philippines Telecom Market Report Snapshots

Philippines Telecom Market Size

Philippines Telecom Market Growth

Philippines Telecom Market Share

Philippines Telecom Companies

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

Looking for specific insights?

Get in touch with us for a customized solution tailored to your unique requirements and save upto 35%!

Key Questions Answered in the Report

The market reached nearly USD 6.13 billion in 2024.

The market is projected to grow at a CAGR of 4.1% between 2025 and 2034.

The market is assessed to witness healthy growth in the forecast period to reach around USD 8.80 billion in 2034.

The different telecom services in the market are fixed voice services, fixed internet access services, mobile voice services, mobile data services, Pay-TV services, and machine-to-machine (mobile IoT) services.

The different market segments based on transmissions of telecom include wired and wireless.

The key market players are PLDT Inc., GLOBE TELECOM, INC., DITO Telecommunity Corporation, CONVERGE INFORMATION AND COMMUNICATIONS TECHNOLOGY SOLUTIONS, INC., Eastern Telecommunications Philippines, Inc., SKY Cable Corporation., and NOW Corporation, among others.

Purchase Full Report

Datasheet

 

USD 2,199

USD 1,999

tax inclusive*

  • Selected Sections, One User
  • Printing Not Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Single User License

One User

USD 3,299

USD 2,999

tax inclusive*

  • All Sections, One User
  • One Print Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Five User License

Five Users

USD 4,399

USD 3,999

tax inclusive*

  • All Sections, Five Users
  • Five Prints Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Corporate License

Unlimited Users

USD 5,499

USD 4,999

tax inclusive*

  • All Sections, Unlimited Users
  • Unlimited Prints Allowed
  • Email Delivery in PDF + Excel
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

How To Order

Our step-by-step guide will help you select, purchase, and access your reports swiftly, ensuring you get the information that drives your decisions, right when you need it.

Select License Type

Choose the right license for your needs and access rights.

Click on ‘Buy Now’

Add the report to your cart with one click and proceed to register.

Select Mode of Payment

Choose a payment option for a secure checkout. You will be redirected accordingly.

Strategic Solutions for Informed Decision-Making

Connect For More Information

Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.

Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.

We employ meticulous research methods, blending advanced analytics and expert insights to deliver accurate, actionable industry intelligence, staying ahead of competitors.

Our skilled analysts offer unparalleled competitive advantage with detailed insights on current and emerging markets, ensuring your strategic edge.

We offer an in-depth yet simplified presentation of industry insights and analysis to meet your specific requirements effectively.

We’re here to help answer any questions about our products and services.

Contact us

Our Offices


Australia

63 Fiona Drive, Tamworth, NSW

+61-448-061-727

India

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

Philippines

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City,1226.

+63-287-899-028, +63-967-048-3306

United Kingdom

6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

United States

30 North Gould Street, Sheridan, WY 82801

+1-415-325-5166

Vietnam

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84-865-399-124

30 North Gould Street, Sheridan, WY 82801

+1-415-325-5166

63 Fiona Drive, Tamworth, NSW

+61-448-061-727

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.

+63-287-899-028, +63-967-048-3306

6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84-865-399-124