Reports
Sale
Philippines Telecom Market Size, Share, Trends, Growth: By Service: Fixed Voice Services, Fixed Internet Access Services, Mobile Voice Services, Mobile Data Services, Pay-TV Services, Machine-to-Machine (Mobile IoT) Services; By Transmission: Wireline, Wireless; Market Dynamics: SWOT Analysis; Competitive Landscape; 2024-2032
Philippines Telecom Market Size
The Philippines telecom market reached around USD 6.13 billion in 2023. The market is projected to grow at a CAGR of 4.1% between 2024 and 2032 to reach nearly USD 8.80 billion by 2032.
| Philippines Telecom Market Report Summary | Description | Value |
| Base Year | USD Billion | 2023 |
| Historical Period | USD Billion | 2018-2023 |
| Forecast Period | USD Billion | 2024-2032 |
| Market Size 2023 | USD Billion | 6.13 |
| Market Size 2032 | USD Billion | 8.80 |
| CAGR 2018-2023 | Percentage | XX% |
| CAGR 2024-2032 | Percentage | 4.1% |
| CAGR 2024-2032 - Market by Service | Machine-to-Machine (Mobile IoT) Services | 5.1% |
| CAGR 2024-2032 - 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 Industry Segmentation
Philippines Telecom Market Report and Forecast 2024-2032 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 2024-2032 - 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 2024-2032 - 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 | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Service |
|
| Breakup by Transmission |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
Philippines Telecom Market Report Snapshots
Philippines Telecom Market Size
Philippines Telecom Market Growth
Philippines Telecom Market Share
*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.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Asia Pacific Telecom Market Overview
8.1 Key Industry Highlights
8.2 Asia Pacific Telecom Historical Market (2018-2023)
8.3 Asia Pacific Telecom Market Forecast (2024-2032)
9 Philippines Telecom Market Overview
9.1 Key Industry Highlights
9.2 Philippines Telecom Historical Market (2018-2023)
9.3 Philippines Telecom Market Forecast (2024-2032)
10 Philippines Telecom Market by Service
10.1 Fixed Voice Services
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Fixed Internet Access Services
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Mobile Voice Services
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Mobile Data Services
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Pay-TV Services
10.5.1 Historical Trend (2018-2023)
10.5.2 Forecast Trend (2024-2032)
10.6 Machine-to-Machine (Mobile IoT) Services
10.6.1 Historical Trend (2018-2023)
10.6.2 Forecast Trend (2024-2032)
11 Philippines Telecom Market by Transmission
11.1 Wireline
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Wireless
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
12 Market Dynamics
12.1 SWOT Analysis
12.1.1 Strengths
12.1.2 Weaknesses
12.1.3 Opportunities
12.1.4 Threats
12.2 Porter’s Five Forces Analysis
12.2.1 Supplier’s Power
12.2.2 Buyer’s Power
12.2.3 Threat of New Entrants
12.2.4 Degree of Rivalry
12.2.5 Threat of Substitutes
12.3 Key Indicators for Demand
12.4 Key Indicators for Price
13 Competitive Landscape
13.1 Market Structure
13.2 Company Profiles
13.2.1 PLDT Inc.
13.2.1.1 Company Overview
13.2.1.2 Product Portfolio
13.2.1.3 Demographic Reach and Achievements
13.2.1.4 Certifications
13.2.2 GLOBE TELECOM, INC.
13.2.2.1 Company Overview
13.2.2.2 Product Portfolio
13.2.2.3 Demographic Reach and Achievements
13.2.2.4 Certifications
13.2.3 DITO Telecommunity Corporation
13.2.3.1 Company Overview
13.2.3.2 Product Portfolio
13.2.3.3 Demographic Reach and Achievements
13.2.3.4 Certifications
13.2.4 CONVERGE INFORMATION AND COMMUNICATIONS TECHNOLOGY SOLUTIONS, INC.
13.2.4.1 Company Overview
13.2.4.2 Product Portfolio
13.2.4.3 Demographic Reach and Achievements
13.2.4.4 Certifications
13.2.5 Eastern Telecommunications Philippines, Inc.
13.2.5.1 Company Overview
13.2.5.2 Product Portfolio
13.2.5.3 Demographic Reach and Achievements
13.2.5.4 Certifications
13.2.6 SKY Cable Corporation.
13.2.6.1 Company Overview
13.2.6.2 Product Portfolio
13.2.6.3 Demographic Reach and Achievements
13.2.6.4 Certifications
13.2.7 NOW Corporation
13.2.7.1 Company Overview
13.2.7.2 Product Portfolio
13.2.7.3 Demographic Reach and Achievements
13.2.7.4 Certifications
13.2.8 Others
14 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Asia Pacific Telecom Market: Key Industry Highlights, 2018 and 2032
2. Philippines Telecom Market: Key Industry Highlights, 2018 and 2032
3. Philippines Telecom Historical Market: Breakup by Service (USD Billion), 2018-2023
4. Philippines Telecom Market Forecast: Breakup by Service (USD Billion), 2024-2032
5. Philippines Telecom Historical Market: Breakup by Transmission (USD Billion), 2018-2023
6. Philippines Telecom Market Forecast: Breakup by Transmission (USD Billion), 2024-2032
7. Philippines Telecom Market Structure
Key Questions Answered in the Report
The market reached nearly USD 6.13 billion in 2023.
The market is projected to grow at a CAGR of 4.1% between 2024 and 2032.
The market is assessed to witness healthy growth in the forecast period to reach around USD 8.80 billion in 2032.
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 Options 10% off
Call us
Purchase Full Report
Datasheet
$ 2199
$1999
-
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
$ 3299
$2999
-
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
$ 4399
$3999
-
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
$ 5499
$4999
-
All Sections, Unlimited Users
-
Unlimited Prints Allowed
-
Email Delivery in PDF + Excel
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Any Question? Speak With An Analyst
View A Sample
Did You Miss Anything, Ask Now
Why Expert Market Research?
Right People
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
Right Methodology
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
Right Price
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Right Support
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.
NEWSLETTER