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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
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 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 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 4.1% 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.
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Australia
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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
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+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124