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What is the projected market valuation for the Philippine ICT Market in 2035?

There is no single “official” 2035 number for the Philippine ICT market — several reputable market-research firms publish forecasts and they vary substantially because each uses different definitions, base years and methodologies. Below I summarize the main published projections, explain the reasons for the differences, and give you a practical way to interpret these figures.

  1. Representative projections from market reports

Market Research Future (MRFR) projects the Philippine ICT market will grow from about USD 33.6 billion in 2025 to USD 106.25 billion by 2035 (CAGR ~12.2% for 2025–2035). This is the USD-106.3B figure cited above.