Market Trends of philippines data center Industry
Philippines consumers spends 10hr/day on smartphone, generating huge amount of data transfer daily, this would drive data center market
- The Philippines had around 101 million smartphone users in 2022, which is expected to reach 181 million by 2029 at a CAGR of 8.79%.
- Post-pandemic, the demand for smartphones has significantly increased as they turned out to be useful for browsing, financial transactions, online shopping, and others. People are adopting urban lifestyles and use these gadgets for automation functions in their homes, online gaming, streaming content, browsing news, and online shopping. The convenience of doing almost everything instantly has increased the number of users and is expected to increase with the increasing population.
- The Philippines is the only country in the world where users, on average, spend an average of 10 hours a day on the phone. As the telecom network developed and improved its facilities, users could attain good mobile data speeds on their smartphones which increased their functionality and experience. Online games on mobile have improved their quality, and the events organized by them have furthermore increased the demand for smartphones. As phones with higher processors, better displays, and batteries are available at a budget price. 74% of the users prefer mobile gaming over PC and console gaming.
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Expansion of 5G network by mobile operators such as DITO, Globe, and Smart boost the data center market
- Consumers in the Philippines currently use 4G and 3G services in greater proportion. 5G network services were launched at the end of 2021 and were increasingly adopted by customers in the first quarter of 2022.
- Facilities offering 5G services in the Philippines are DITO, Globe, and Smart. These companies are expanding their bases to strengthen their network connectivity.
- For instance, Smart increased the count of its 5G substations to 7300 in 2022 to strengthen its 5G networks.
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OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT
- Increased data consumption on online platform drives the market demand
- Increasing fiber connectivity by player such as Globe, Converge ICT, Dito, and Infinivan to deepen the internal fiber conenections leads to increase in market demand
- Increasing FTTH users and fiber network is boosting the data speed leading to demand for data center
