Daniel Slotta
Research expert covering Greater China
Consumer electronics in the Philippines - statistics & facts
As a country with one of the highest internet usages in the Asia Pacific region, demand for sophisticated communication gadgets has seen growth in the Philippines. Thanks to the expansion of income sources and the growing middle-class population, Filipino consumers have higher purchasing power that allows them to splurge on various necessities, including but not limited to electronic devices. These devices are increasingly important in making life more efficient, convenient, and comfortable for users. Such gadgets, which comprise the consumer electronics industry, include mobile phones, tablets, personal computers, televisions, wearables, cameras, speakers, and headphones. In the Philippines, this sector was forecast to demonstrate continued growth in the next five years, as evidenced in its revenue estimates.
