Philippines Enterprise ICT Investment Market Trends by Budget Allocations (Cloud and Digital Transformation), Future Outlook, Key Business Areas and Challenges, 2022
According to GlobalData’s Philippines Enterprise ICT Investment Trends Report 2022, most of the enterprises in the country have increased their ICT budget for 2022 with more than 60% of respondents from our recent survey claiming the same. In contrast, a relatively low proportion of enterprises have trimmed their ICT budget for 2022 compared to the previous year.
The Philippines Enterprise ICT Investment Trends Report 2022 summarizes key findings from GlobalData’s ICT customer insight survey carried out in H1-2022. It reveals how the overall ICT budgets and their allocations towards various business functions and spending areas, have changed for enterprises in the country in 2022 when compared to 2021. The report also discusses the change in ICT budget allocations for digital transformation enabling technologies like AI and ML, the Internet of Things (IoT), automation/RPA and edge computing among enterprises in 2022 as compared to 2021. It sheds focus on the change in ICT budget allocations across 30 IT hardware, software, and service categories. The report also gives an indication of ICT opportunities in the Philippines with forward-looking insights on enterprise spending priorities for over 100 ICT product and service sub-categories over the next two years.
To gain more insights on Enterprise ICT Investment Trends in the Philippines, download a free sample
The Philippines Enterprise ICT Budget Allocations - 2022 vs 2021
The report reveals how the total ICT budgets of enterprises in the country have changed from 2021 to 2022 and how it compares to the change in ICT budget seen from 2020 to 2021.
Annual Change in Enterprise ICT Budget Allocation in the Philippines (2021 to 2022 vs. 2020-2021)
To know more about changes in enterprise ICT budget allocation in the Philippines, download a free sample
Majority of the Enterprises in the Philippines have Increased their ICT Budget for 2022 Compared to the Previous Year
According to GlobalData’s survey, the majority of respondents from the Philippines claimed that there will be a slight increase (1% to 6%) in their enterprise ICT budget for 2021-22 compared to 2020-21. Additionally, there were also a decent number of respondents who claimed that there has been a significant increase (>6%) in their ICT budgets
The report also discusses the level of change in enterprise ICT budget allocation in 2022 compared to the previous year by:
- Key spending areas
- Key business functions
Philippines Enterprise ICT Budget Allocations by ICT Infrastructure Spending Areas – 2022 vs 2021
According to GlobalData’s survey, the largest increase in the share of enterprise ICT budget in the Philippines is recorded in network and communications. The report shows how enterprises in the Philippines have changed their total ICT budget allocation across the following ICT infrastructure spending areas in 2022 compared to 2021.
- Hardware
- Software
- ICT services
- Consulting
- Network and communication
- Internal development & maintenance (Internal costs)
- Others
Annual Change in Distribution of Enterprise ICT Spending, By ICT Products/Services in 2022
For more insights on ICT infrastructure investment in the Philippines, download a free sample
Philippines Enterprise ICT Budget Allocations by Key Business Functions – 2022 vs 2021
According to GlobalData’s survey, ICT budget allocations across most of the business functions have seen an increase among the Philippines’ enterprises, except for human resources (HR) & legal function, for which the budget allocation has mostly remained unchanged in 2022 compared to 2021. The report shows how enterprises in the Philippines have changed the distribution of ICT budget allocation across the following business functions in 2022 compared to 2021.
- Production, Procurement & Operations
- Sales, Marketing and Customer Relations
- Finance & Accounting
- Research & Development
- Human Resources & Legal
Annual Change in Enterprise ICT Budget Distribution in the Philippines, By Key Business Functions, 2022
For more insights on ICT business function investment in the Philippines, download a free sample
Enterprise ICT Budget Allocations by Type of ICT Project – 2021 & 2022
According to GlobalData’s survey, there has been a considerable growth in enterprise budgets for both new ICT projects as well as for maintenance of existing ICT systems and applications among the Philippines’ enterprises. The report shows by what proportion enterprises in the Philippines have changed the budget allocation for “existing ICT systems and applications” and “New ICT projects” in 2022 compared to 2021
Change in Enterprise ICT Budget Allocation: Existing Systems vs New ICT Projects – 2022
For more insights on enterprise ICT budget allocation in the Philippines by project type, download a free sample
Philippines Enterprise Digital Transformation Budget Allocations – 2021 vs 2022
According to GlobalData’s survey, there is a moderate increase in the share of the ICT budget allocated towards digital transformation in 2022 compared to 2021. The Philippines enterprise ICT investment data highlights the change in the percentage of enterprises’ ICT budget that would be allocated for digital transformation in 2022 as compared to 2021 and offers a breakdown of the budget allocation change by following digital transformation areas.
- Artificial intelligence & Machine Learning (AI and ML)
- Automation/RPA
- Internet of Things (IoT)
- Edge Computing
- Others
Enterprise ICT Budget Allocation for Digital Transformation, 2021 vs 2022
For more insights on the Philippines ICT digital transformation budget, download a free sample
Segment ICT Budget Allocation Trends – 2022 vs 2021
The report offers segmental budget allocation trends across 33 ICT products and services covering hardware, software, IT consulting, managed IT services, and network & communications segments.
According to GlobalData’s survey, the enterprise budget allocation across most of the hardware categories among the Philippines’ enterprises has witnessed a moderate increase in 2022 compared to 2021.
Annual Change in the Philippines Enterprise Hardware Budget Allocations
For more insights on segment ICT budget allocation in the Philippines, download a free sample
The survey also reveals a heightened focus on enterprise communication & collaboration in the Philippines. For instance, the survey data on the Philippines’ enterprise hardware budget allocation points toward more enterprises seeing a slight (1% to 6%) and significant (greater than 6%) increase in share towards communication devices in 2022 compared to 2021 compared to other hardware categories. In a similar vein, the Philippine’s enterprise software budget allocation points toward more enterprises seeing an increased allocation in total on communication & collaboration software in 2022 as compared to 2021 as per the survey data.
Besides Hardware, we also provide this level of information for
- Software
- IT Services
- Consulting
- Network & communication
Enterprise ICT Technology Spending Priorities in the Philippines – Future Outlook
The report offers forward-looking insights on the ICT spending priorities of enterprises in the Philippines across 140 technology areas within the following 18 categories:
- Communication & Collaboration
- Enterprise Network
- Security
- Storage
- Edge Computing
- Client Computing
- Servers
- Cloud Computing
- Enterprise Mobility
- Internet of Things (IoT)
- Data and Analytics
- Business Process Applications
- IT Management
- Application Development & Management
- Data Center and Hosting
- Business Process Outsourcing
- Consulting and Integration Services
- Outsourcing
Philippines Enterprise Cloud Computing Investment Priority – Now vs Next Two Years
The largest number of the respondents claimed that their enterprises will invest in Infrastructure-as-a-service (IaaS) in the next two years closely followed by the number of respondents confirming their plans to invest in Software-as-a-service (SaaS). Furthermore, among the cloud deployment models, the largest number of the respondents confirmed their plans to invest in managed cloud, followed by private cloud.
Cloud Computing Technology Investment Priority – Current vs Next Two Years
For more insights on the Philippines’ enterprise cloud budget allocation, download a free sample
Philippines Enterprise ICT Investment Trends Overview
| Analysis Period | 2021-2022 |
| Enterprise ICT Budget Allocations and Outlook | Business Functions, Key Spending Areas (ICT Products & Services), and Existing vs New Systems |
| Key ICT Infrastructure Budget Allocation Areas | Hardware, Software, ICT Services, Consulting, Network and Communication, Internal Development & Maintenance (Internal Costs), and
Others |
| Key Business Functions | Production, Procurement & Operations, Sales, Marketing and Customer Relations, Finance & Accounting, Research & Development, and Human Resources & Legal |
| Enterprise ICT Budget Allocations on Cloud Computing | Overall Cloud Computing Budget Allocation |
| Cloud Implementation Type | Public Cloud, Private Cloud, Hybrid Cloud, Managed Cloud, and Cloud Management Platform |
| Public Cloud Computing Budget Allocation | IaaS, PaaS, and SaaS |
| Enterprise ICT Budget Allocations on Digital Transformation | Overall Digital Transformation Budget Allocation |
| Key Digital Transformation Areas | Artificial Intelligence & Machine Learning, Automation/RPA, IoT, Edge Computing, and Others |
| Segment ICT Budget Allocations | Hardware, Software, IT Consulting, Managed IT Services, and Network & Communications |
| Enterprise Technology Priorities and Spending Preferences | Communication & Collaboration, Enterprise Network, Security, Storage, Edge Computing, Client Computing, Servers, Cloud Computing, Enterprise Mobility, Internet of Things (IoT), Data and Analytics, Business Process Applications, IT Management, Application Development & Management, Data Center and Hosting, Business Process Outsourcing, Consulting and Integration Services, and Outsourcing |
Philippines Enterprise ICT Investment Trends Report Scope
The survey-based report provides an overview of the following –
- Enterprise ICT Budget Allocations – 2021 vs 2022: Overview of survey findings regarding changes in the enterprise ICT budget allocations in 2022 compared to the previous year overall and across key spending areas, business functions, and existing vs new systems.
- Cloud & Digital Transformation Budget Allocations – 2022 vs 2021: Overview of survey findings regarding changes in the enterprise ICT budget allocations in 2022 compared to the previous year across cloud computing implementation, public cloud computing, digital transformation, and disruptive technologies.
- Segment ICT Budget Allocations – 2022 vs 2021: Overview of survey findings regarding enterprise changes in ICT budget allocations 2022 compared to 2021 across the key ICT segments including software, hardware, IT consulting, managed IT services, and network & communications.
- Future Outlook – Enterprise Technology Priorities: Overview of survey findings on enterprise investment priority for key technologies in current vs next two years
- The survey was conducted in H1 2022 via an online methodology, with respondents all having ICT decision-maker responsibility (typically CIOs and IT Managers). GlobalData plans to repeat the survey in H1 2023, to monitor ICT budget changes on an ongoing basis.
Reasons to Buy
- This survey report offers a thorough, forward-looking analysis of the Philippines’ Enterprise ICT Investment Trends and key ICT opportunities in a concise format to help executives build proactive and profitable growth strategies.
- Accompanying GlobalData’s IT Customer Insight Survey, the report examines the ongoing and upcoming trends in enterprise IT spending within the Philippines.
- With more than 50 charts, the report is designed for an executive-level audience, boasting presentation quality.
- The report provides an easily digestible market assessment for decision-makers built around research gathered from the local IT decision-makers, which enables executives to quickly get up to speed with the current and emerging trends in the Philippines’ Enterprise ICT Spending.
Table of Contents
Frequently Asked Questions
About 45% of respondents from the Philippines claimed that there has been a slight increase in their enterprise ICT budget for 2021-22 compared to 2020-21.
GlobalData’s survey findings suggest that the enterprise ICT budget allocations for most ICT product/service areas in the Philippines have increased, mostly in a moderate range in 2022 compared to 2021.
The key ICT infrastructure spending areas in the Philippines are hardware, software, ICT services, consulting, network and communication, and internal development & maintenance (internal costs).
The key business functions considered for ICT budget allocation by the Philippines’ enterprises are production, procurement & operations, sales, marketing and customer relations, finance & accounting, research & development, and human resources & legal.
The majority of enterprises have increased their share of the ICT budget allocated towards digital transformation by 1% to 6% in 2022 compared to 2020.
AI & machine learning, the Internet of Things (IoT), edge computing, and automation will be some of the key digital transformation areas that enterprises would allocate their ICT budgets.
ICT infrastructure maintenance and applications are some of the key ICT functions to be outsourced over the next two years
Get in touch to find out about our multi-purchase discounts
reportstore@globaldata.com
Tel +44 (0) 20 7947 2960
Every customer’s requirement is unique. We understand that and can customize the report basis your exact research requirements pertaining to market insights, innovation insights, strategy and planning, and competitive intelligence. You can also avail the option of purchasing stand-alone sections of the report or request for a country specific report.
Still undecided about purchasing this report?
Testimonial
“The GlobalData platform is our go-to tool for intelligence services. GlobalData provides an easy way to access comprehensive intelligence data around multiple sectors, which essentially makes it a one-for-all intelligence platform, for tendering and approaching customers.
GlobalData is very customer orientated, with a high degree of personalised services, which benefits everyday use. The highly detailed project intelligence and forecast reports can be utilised across multiple departments and workflow scopes, from operational to strategic level, and often support strategic decisions. GlobalData Analytics and visualisation solutions has contributed positively when preparing management presentations and strategic papers.”
“COVID-19 has caused significant interference to our business and the COVID-19 intelligence from GlobalData has helped us reach better decisions around strategy. These two highlights have helped enormously to understand the projections into the future concerning our business units, we also utilise the project database to source new projects for Liebherr-Werk to use as an additional source to pitch for new business.”
Your daily news has saved me a lot of time and keeps me up-to-date with what is happening in the market, I like that you almost always have a link to the source origin. We also use your market data in our Strategic Business Process to support our business decisions. By having everything in one place on the Intelligence Center it has saved me a lot of time versus looking on different sources, the alert function also helps with this.
Having used several other market research companies, I find that GlobalData manages to provide that ‘difficult-to-get’ market data that others can’t, as well as very diverse and complete consumer surveys.
