Market Forecast By Component (Hardware, Platform, Connectivity, Services), By Network Type (5G Standalone, 5G Non-standalone), By End User (Manufacturing, Healthcare, Energy & Utilities, Automotive and Transportation, Supply Chain and Logistics, Agriculture, Government and Public Safety), By Organization Size (Large Enterprises, SMEs), By Type (Short-range IoT Devices, Wide-range IoT Devices) And Competitive Landscape
Product Code: ETC4379550 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 3 | |
Report Name | Philippines 5G IoT Market |
Forecast period | 2025-2031 |
CAGR | 9.35% |
Growing Sector | Telecommunication |
Philippines 5G IoT Market report thoroughly covers the market By Component, By Network Type, By End User, By Organization Size, and By Type. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Philippines 5G IoT Market is estimated to grow over the years. The 5G coverage network expansion across different provinces is the main contributing factor to the country's 5G IoT market growth.
According to 6Wresearch, the Philippines 5G IoT Market size is estimated to grow at a CAGR of 9.53% during the forecast period of 2025-2031. One of the primary drivers contributing to the Philippines 5G IoT market growth is the industry's shift from analog to digital technology. The country's agriculture sector benefits from an IoT-based system, which can measure soil moisture, temperature, and other critical aspects of production. Moreover, the major players related to smart cities, cloud, and edge computing have already begun investing in the Philippines 5G IoT market. The Philippines 5G IoT market notable trend is the development of autonomous vehicles. The market is gradually opening up to feasibility tests. AI-enabled speakers, energy-efficient devices, and smart locks capable of remotely controlling the house's environment are under development in the country's market. However, the Philippines 5G IoT industry encounters obstacles like regulatory issues, finding a skilled workforce, and maintaining cybersecurity infrastructure. Difficulties in ensuring data privacy and security are crucial challenges for the country's 5G IoT market. The establishment of 5G IoT in the Philippines introduces vast opportunities for a wide range of sectors, including healthcare, automotive, transportation, manufacturing, and more.
Government policies have been crucial in shaping the 5G IoT market in the Philippines. One such policy is the "National Broadband Plan" that was rolled out in 2017. The policy aims to connect all government agencies and deploy broadband services in unserved and underserved areas, providing support for 5G network deployment. The government has also adopted the "Open Access Network" policy that ensures non-discriminatory access to infrastructure and services provided by the network service providers.
Key players have also taken up strategic positions in the Philippines IoT market, ensuring the market remains vibrant. San Miguel Corporation, Globe Telecom Inc, and PLDT Inc are some of the key players in IoT offering services such as remote asset monitoring, workforce management, and predictive maintenance. San Miguel Corporation, for instance, provides software and hardware solutions for the IoT market through its ICT subsidiary, "SMC Global Powerholding."
The future of the Philippines 5G IoT Market shows that the market is poised for steady growth going forward. The rising adoption of IoT in real-time analytics, increasing demand for smart devices, and the entry of international IoT vendors into the country are all signs of a booming market.
According to Sachin, Senior Research Analyst, 6Wresearch, the government and public safety segment is expected to grow rapidly due to a focus on enhancing public safety and improving connectivity in public spaces.
By Organization size, the large enterprise segment is expected to hold the larger market size during the forecast period. However, the SMEs segment is expected to register a faster growth rate.
By Type, the wide-range IoT devices segment is expected to dominate the Philippines 5G IoT Market Share. This device type captures data from extensive areas, making it ideal for large-scale networks.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Philippines 5G IoT Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines 5G IoT Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines 5G IoT Market - Industry Life Cycle |
3.4 Philippines 5G IoT Market - Porter's Five Forces |
3.5 Philippines 5G IoT Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.6 Philippines 5G IoT Market Revenues & Volume Share, By Network Type, 2021 & 2031F |
3.7 Philippines 5G IoT Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.8 Philippines 5G IoT Market Revenues & Volume Share, By Organization Size, 2021 & 2031F |
3.9 Philippines 5G IoT Market Revenues & Volume Share, By Type, 2021 & 2031F |
4 Philippines 5G IoT Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for smart city initiatives and connected infrastructure in the Philippines |
4.2.2 Growing adoption of IoT devices and solutions across various industries |
4.2.3 Government support and investments in 5G infrastructure development |
4.3 Market Restraints |
4.3.1 High initial setup costs for implementing 5G IoT solutions |
4.3.2 Limited availability of skilled professionals in the field of IoT and 5G technology |
4.3.3 Concerns regarding data privacy and security in IoT devices |
5 Philippines 5G IoT Market Trends |
6 Philippines 5G IoT Market, By Types |
6.1 Philippines 5G IoT Market, By Component |
6.1.1 Overview and Analysis |
6.1.2 Philippines 5G IoT Market Revenues & Volume, By Component, 2021 - 2031F |
6.1.3 Philippines 5G IoT Market Revenues & Volume, By Hardware, 2021 - 2031F |
6.1.4 Philippines 5G IoT Market Revenues & Volume, By Platform, 2021 - 2031F |
6.1.5 Philippines 5G IoT Market Revenues & Volume, By Connectivity, 2021 - 2031F |
6.1.6 Philippines 5G IoT Market Revenues & Volume, By Services, 2021 - 2031F |
6.2 Philippines 5G IoT Market, By Network Type |
6.2.1 Overview and Analysis |
6.2.2 Philippines 5G IoT Market Revenues & Volume, By 5G Standalone, 2021 - 2031F |
6.2.3 Philippines 5G IoT Market Revenues & Volume, By 5G Non-standalone, 2021 - 2031F |
6.3 Philippines 5G IoT Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Philippines 5G IoT Market Revenues & Volume, By Manufacturing, 2021 - 2031F |
6.3.3 Philippines 5G IoT Market Revenues & Volume, By Healthcare, 2021 - 2031F |
6.3.4 Philippines 5G IoT Market Revenues & Volume, By Energy & Utilities, 2021 - 2031F |
6.3.5 Philippines 5G IoT Market Revenues & Volume, By Automotive and Transportation, 2021 - 2031F |
6.3.6 Philippines 5G IoT Market Revenues & Volume, By Supply Chain and Logistics, 2021 - 2031F |
6.3.7 Philippines 5G IoT Market Revenues & Volume, By Agriculture, 2021 - 2031F |
6.4 Philippines 5G IoT Market, By Organization Size |
6.4.1 Overview and Analysis |
6.4.2 Philippines 5G IoT Market Revenues & Volume, By Large Enterprises, 2021 - 2031F |
6.4.3 Philippines 5G IoT Market Revenues & Volume, By SMEs, 2021 - 2031F |
6.5 Philippines 5G IoT Market, By Type |
6.5.1 Overview and Analysis |
6.5.2 Philippines 5G IoT Market Revenues & Volume, By Short-range IoT Devices, 2021 - 2031F |
6.5.3 Philippines 5G IoT Market Revenues & Volume, By Wide-range IoT Devices, 2021 - 2031F |
7 Philippines 5G IoT Market Import-Export Trade Statistics |
7.1 Philippines 5G IoT Market Export to Major Countries |
7.2 Philippines 5G IoT Market Imports from Major Countries |
8 Philippines 5G IoT Market Key Performance Indicators |
8.1 Average latency of 5G networks in the Philippines |
8.2 Number of IoT devices connected to 5G networks in the country |
8.3 Rate of adoption of 5G technology in key industries in the Philippines |
8.4 Average data transfer speeds on 5G networks |
8.5 Percentage increase in the number of IoT-related job openings and certifications in the Philippines |
9 Philippines 5G IoT Market - Opportunity Assessment |
9.1 Philippines 5G IoT Market Opportunity Assessment, By Component, 2021 & 2031F |
9.2 Philippines 5G IoT Market Opportunity Assessment, By Network Type, 2021 & 2031F |
9.3 Philippines 5G IoT Market Opportunity Assessment, By End User, 2021 & 2031F |
9.4 Philippines 5G IoT Market Opportunity Assessment, By Organization Size, 2021 & 2031F |
9.5 Philippines 5G IoT Market Opportunity Assessment, By Type, 2021 & 2031F |
10 Philippines 5G IoT Market - Competitive Landscape |
10.1 Philippines 5G IoT Market Revenue Share, By Companies, 2024 |
10.2 Philippines 5G IoT Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |