Philippines Hardware Market
In accordance with the International Data Corporation, IT spending in the Philippines was observed to be majorly skewed towards hardware components. Majority of the IT spend by enterprises focused on purchase devices such as PC, laptops, smartphones, tablets and others. Philippines' hardware market size was witnessed to increase over the years both in terms of sales volumes and revenues. Competition within the Philippines hardware market was observed to be mildly fragmented with the presence of significant players such as Samsung, Acer, Apple, Asus, LG, Toshiba, Sony, Lenovo, and others. Over the forecast period of 2018-2023, the country’s hardware market revenues are further estimated to increase owing to a potential rise in the overall sales of computers and peripherals.