
Telecommunication Services in Philippines
Description
Telecommunication Services in Philippines
Summary
Telecommunication Services in Philippines industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
Summary
Telecommunication Services in Philippines industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Telecommunication services market is segmented into fixed and wireless telecommunication services.
- The Filipino telecommunication services market recorded revenues of $7.6 billion in 2024, representing a compound annual growth rate (CAGR) of 2.4% between 2019 and 2024.
- Market consumption volumes declined with a negative CAGR of 3.3% between 2019 and 2024, reaching a total of 150.7 million subscriptions in 2024.
- In 2024, the revenue of the Philippines' telecommunication services market grew by 1.2% annually, due to the increase in the proportion of internet users. According to the World Bank, in 2024, the proportion of internet users in the Philippines' total population reached 85.5%, up from 80.6% in the previous year.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the telecommunication services market in Philippines
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the telecommunication services market in Philippines
- Leading company profiles reveal details of key telecommunication services market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Philippines telecommunication services market with five year forecasts by both value and volume
- What was the size of the Philippines telecommunication services market by value in 2024?
- What will be the size of the Philippines telecommunication services market in 2029?
- What factors are affecting the strength of competition in the Philippines telecommunication services market?
- How has the market performed over the last five years?
- Who are the top competitors in Philippines's telecommunication services market?
Table of Contents
42 Pages
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Market volume
- 1.4. Market volume forecast
- 1.5. Category segmentation
- 1.6. Geography segmentation
- 1.7. Market rivalry
- 1.8. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 3.2. Market volume
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 5.2. Market volume forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the key market players?
- 7.2. What strategies do the key market players follow?
- 7.3. What are the most recent market developments?
- 8 Company Profiles
- 8.1. Globe Telecom Inc
- 8.2. PLDT Inc
- 8.3. Converge ICT Solutions Inc
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: Philippines telecommunication services market value: $ billion, 2019-24
- Table 2: Philippines telecommunication services market volume: million subscriptions, 2019-24
- Table 3: Philippines telecommunication services market category segmentation: % share, by value, 2019-24
- Table 4: Philippines telecommunication services market category segmentation: $ billion, 2019-24
- Table 5: Philippines telecommunication services market geography segmentation: $ billion, 2024
- Table 6: Philippines telecommunication services market value forecast: $ billion, 2024-29
- Table 7: Philippines telecommunication services market volume forecast: million subscriptions, 2024-29
- Table 8: Globe Telecom Inc: Key Facts
- Table 9: Globe Telecom Inc: Annual Financial Ratios
- Table 10: Globe Telecom Inc: Key Employees
- Table 11: PLDT Inc: Key Facts
- Table 12: PLDT Inc: Annual Financial Ratios
- Table 13: PLDT Inc: Key Employees
- Table 14: PLDT Inc: Key Employees Continued
- Table 15: PLDT Inc: Key Employees Continued
- Table 16: Converge ICT Solutions Inc: Key Facts
- Table 17: Converge ICT Solutions Inc: Annual Financial Ratios
- Table 18: Converge ICT Solutions Inc: Key Employees
- Table 19: Philippines Size of Population (Million), 2020-24
- Table 20: Philippines Real GDP (Constant 2010 Prices, $ Billion), 2020-24
- Table 21: Philippines GDP (Current Prices, $ Billion), 2020-24
- Table 22: Philippines Inflation, 2020-24
- Table 23: Philippines Consumer Price Index (Absolute), 2020-24
- Table 24: Philippines Exchange Rate, 2019-24
- List of Figures
- Figure 1: Philippines telecommunication services market value: $ billion, 2019-24
- Figure 2: Philippines telecommunication services market volume: million subscriptions, 2019-24
- Figure 3: Philippines telecommunication services market category segmentation: $ billion, 2019-24
- Figure 4: Philippines telecommunication services market geography segmentation: % share, by value, 2024
- Figure 5: Philippines telecommunication services market value forecast: $ billion, 2024-29
- Figure 6: Philippines telecommunication services market volume forecast: million subscriptions, 2024-29
- Figure 7: Forces driving competition in the telecommunication services market in Philippines, 2024
- Figure 8: Drivers of buyer power in the telecommunication services market in Philippines, 2024
- Figure 9: Drivers of supplier power in the telecommunication services market in Philippines, 2024
- Figure 10: Factors influencing the likelihood of new entrants in the telecommunication services market in Philippines, 2024
- Figure 11: Factors influencing the threat of substitutes in the telecommunication services market in Philippines, 2024
- Figure 12: Drivers of degree of rivalry in the telecommunication services market in Philippines, 2024
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