New Market Research Report: Philippines Information Technology Report Q4 2013
The Philippines IT market is forecast to grow by around 9.6% in 2013 to a value of PHP162.8bn.Over our five-year forecast period to 2017, the market should be a regional outperformer, growing at a CAGR of 9.1% in local currency terms to a total value of PHP232.3bn. Growth will be supported by proliferation of PC ownership as high specification, but affordable devices, becomes widely available. In this respect the Philippines has great potential via its low PC penetration, estimated at...
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