The Philippines digital economy is poised for growth, with a projected value of $35 billion by 2025 and a CAGR (compound annual growth rate) of 209%.
Philippines is entering a growth stage amid 69% internet penetration. E-commerce, streaming, and food delivery sectors are three industries that are poised for continued growth, with the e-commerce market expected to grow at a CAGR of 17% in the forecast period of 2022–2025.