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Report Overview
The Philippines telecom market reached around USD 6.13 Billion in 2024. The market is projected to grow at a CAGR of 4.10% between 2025 and 2034 to reach nearly USD 9.16 Billion by 2034.
2024
Base Year
2018-2024
Historical Year
2025-2034
Forecast Year
-
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.
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
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.*
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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 4.10% between 2025 and 2034.
The market is assessed to witness healthy growth in the forecast period to reach around USD {{FOERCAST_VALUE}} 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.
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