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The Philippines’ BPO industry trends show a continuous rise in market value. In 2023, the industry was worth $35.4 billion, and projections show it will grow to $37.87 billion in 2024, with a 7% CAGR.
11 Μαρ 2024 · MANILA, PHILIPPINES — The Philippine IT-business process management (IT-BPM) industry is looking to generate $40 billion in revenue with 1.84 million employees for 2024.
30 Νοε 2023 · MANILA, PHILIPPINES — The Philippine business process outsourcing (BPO) industry is expecting a 7% revenue increase to $37.87 billion in 2024, according to the Information Technology-Business Process Management Association of the Philippines (IBPAP).
MANILA, PHILIPPINES — Philippine economic czar Frederick Go elaborated on how the newly enacted Corporate Recovery and Tax Incentives for Enterprises to Maximize Opportunities for Reinvigorating the Economy (CREATE MORE) Act is poised to benefit the business process outsourcing (BPO) industry.. In an interview on ANC’s Beyond the Exchange, Go explained that this legislation addresses ...
21 Απρ 2024 · The Philippine BPO industry is projected to grow by 7% to $37.87 billion in 2024, up from the expected $35.4 billion in 2023, according to Information Technology-Business Process Management Association of the Philippines President Jack Madrid.
The Philippines BPO industry contributes nearly $30 billion to the economy each year. It is estimated that 1.3 million Filipinos were employed in over 1000 BPO companies in 2019, and that figure is showing 8-10% growth every year.
Emerging trends and forecasts for the Philippine BPO and Outsourcing Industry in 2024. Discover insights into digital transformation and high-value service expansion shaping the future.
