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Philippines Information Technology Q3 2018

Philippines Information Technology Q3 2018

BMI View:

IT spending growth in the Philippines is forecast to maintain robust growth throughout the forecast period 2018-2022.There are still significant opportunities for vendors to target low-hanging fruit through convergence in the level of IT adoptionbetween frontier markets like the Philippines and emerging and developed markets. There are also growth engines to be found inthe pro-growth policy environment, improvements to supporting infrastructure, robust economic growth momentum anddemographics. Frontier market status is however accompanied by downside due to domestic political uncertainty and external riskssuch as a financial crisis in China or shifting regional trade relationships.


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