How does IoT market in the Philippines fare?
- the Philippines recently posted a GDP growth of 6.3% and a sustained IT spending growth of 10.1%
- IoT market share in the Philippines will increase by 12%.
- IoT spending in the Philippines is forecasted to grow from US$ 55.1M in 2014 to US$ 766.8M in 2020
At the 3rd edition of Asia IoT Business Platform in 2015, Gil B. Genio, COO of Globe Telecom Inc. pointed out that the IoT’s potential is substantially driven by the Technology, Media, and Telecommunications (TMT) sectors, while mobile network operators (MNOs) will continue to be relevant with their existing network customer base, sales channels, billing and support systems.
The 7th edition of Asia IoT Business Platform: IoT Philippines will continue to explore opportunities and challenges within enterprise IoT, while providing ample networking and business matchmaking opportunities for IoT stakeholders. This is the second year running that the event will be held in Manila and will take place on 23 – 24 May 2016, followed by IoT Thailand (26-27 May). View past editions here.
The conference features sessions including:
- Market Trends & Outlook
- Industrial IoT (IIoT)
- Transport & Logistics
- Smart City
- Big Data, Cloud, Security
- Banking & Finance