Philippines IT Industry Driven by Expansion of KPOs and Growing Demand for E-sports Gaming through AR and VR technology: Ken Research

The report titled “Philippines IT Industry Outlook to 2023 – By Hardware Market (Computer Sales and Peripherals Sales, By IT-BPO Market (Contact Center, Software Development, Transcription, Animation and Other BPOs), By Software Market (Software Development and Software Publishing) and By Antivirus Market (Enterprise Customer and Retail Customer)” by Ken Research recommends that the companies operating in IT Industry of Philippines can expand their market share and increase revenue generated by focusing on the use of artificial intelligence systems, enhancing the physical infrastructure in the sector, developing IT manpower base and encouraging home grown talents. The market is expected to register a positive CAGR of 1.3% for hardware market; 11.5% for IT-BPO market; 15.6% for software market; and 13.5% for antivirus market in terms of revenue during the forecast period 2018P-2023E.The constantly improving internet infrastructures in telecom industry and establishment of stable business environment for tech start-ups have positively impacted the IT industry of Philippines.

Increasing Private Investment: The private firms in Philippines IT industry are poised to increase their spending on security as they expand their business activities within the country. The government of Philippines is making persistent efforts towards encouraging online surfing while simultaneously making internet, a safer place for everyone. This has given cyber-security multi-national corporations such as Kaspersky Lab, an opportunity to expand its operations within Philippines. Moreover, the Russian company which presently operates only through distributors and business partners has now planned to extend its business activities within the cities which lack security support. Thus, the rising investments by private players in the market are expected to positively impact the IT industry of Philippines.

Emergence of Domestic Companies: Over the years, the software market of Philippines has been observed striving for a bigger share in the overall IT industry. Thus, the homegrown talents and techno-preneurs in the country have been able to receive various opportunities to showcase their potential which has positively impacted the growth of IT sector. In addition to this, companies in the IT sector are expected to further push Philippines into new areas of software services such as Robotics Process Automation (RPA) and Artificial Intelligence (AI) giving an optimistic outlook towards the market.

Focus on Tech Start-ups: The country’s telecom sector has positively impacted the growth of software market in Philippines IT industry. This sector is expected to continue aiding; the growing demand for software industry in future through increasing investments in internet infrastructure. On the other hand, the Filipino government has also been constantly working towards creating a stable business environment for tech startups emerging in the country, which has created a positive impact on the IT industry of Philippines. 

Key Segments Covered

·         Hardware Market

Ø  By Computers, Peripherals and Others

§  Desktops

§  Laptops

§  Tablets

§  Monitors

§  Printers

§  Other Products (USB, Hardisk, connected wiring systems, CDs, pen drives)

Ø  By Distribution Channel

§  Electronics and Appliance Specialist Retailers 

§  Mixed Retailers

§  Internet Retailing

·         IT-BPO Market

Ø  By Type

§  Contact Center

§  Software Development

§  Transcription

§  Animation

§  Other BPOs

Ø  By Export and Domestic Market

·         Software Market

Ø  By Software Development and Software Publishing

§  Application Software

§  System Software

·         Antivirus Market

Ø  By Enterprise and Retail Customer

Ø  By Offline and Online Sales

Ø  By Security Type

§  Total Security

§  Internet Security

§  Anti-Malware and Anti-Spyware

§  Antivirus

Ø  By Licenses

§  5+ PC

§  3 PC

§  2 PC

§  1 PC

Ø  By Renewal and New Contracts

Key Target Audience

·         Hardware Manufactures

·         Software Development/Publishing Companies

·         IT-BPO Companies

·         Antivirus Companies

·         Home Users

Time Period Captured in the Report:

·         Historical Period - 2012-2018P

·         Forecast Period – 2018P-2023E

Major Companies Covered:

·         Hardware Market

Ø  Samsung

Ø  Acer

Ø  Apple

Ø  Asus

Ø  Lenovo

Ø  Others

·         IT-BPO Market

Ø  Accenture

Ø  Convergys

Ø  JPMorgan

Ø  24/7 Customer Philippines

Ø  Telephilippines Inc

·         Others

·         Software Market

·         IBM

·         Accenture

·         Others

·         Antivirus Market

·         Trend Micro

·         Symantec

·         ESET

·         Avast

·         Kaspersky

·         Sophos

·         Others

Key Topics Covered in the Report

·         Executive Summary

·         Research Methodology

·         Stakeholders in the Philippines IT Industry

·         Introduction to the Philippines IT Industry

·         Philippines Hardware Market

Ø  Introduction to Philippines Hardware Market

Ø  Philippines Hardware Market Size, 2012-2018P

Ø  Philippines Hardware Market Segmentation, 2012-2018P

Ø  Competitive Landscape in the Philippines Hardware Market

Ø  Trends and Developments in the Philippines Hardware Market

Ø  Philippines Hardware Market Future Outlook and Projections, 2018P-2023E

·         Philippines IT-BPO Market

Ø  Introduction to Philippines IT-BPO Market

Ø  Philippines IT-BPO Market Size, 2012-2018P

Ø  Philippines IT-BPO Market Segmentation, 2017

Ø  Comparative Landscape in the Philippines IT-BPO Market

Ø  Trends and Developments in the Philippines IT-BPO Market

Ø  Philippines IT-BPO Market Future Outlook and Projections, 2018P-2023E

Ø  Analyst Recommendations in the Philippines IT-BPO Industry

·         Philippines Software Market

Ø  Introduction to the Philippines Software Market

Ø  Philippines Software Market Size, 2012-2018P

Ø  Philippines Software Market Segmentation, 2017

Ø  Trends and Developments in the Philippines Software Market

Ø  Philippines Software Market Future Outlook and Projections, 2018P-2023E

Ø  Analyst Recommendations in the Philippines Software Market

·         Philippines Anti-Virus Market

Ø  Introduction to Philippines Anti-Virus Market

Ø  Philippines Anti-Virus Market Size, 2012-2018

Ø  Philippines Anti-Virus Market Segmentation, 2017

Ø  Competitive Landscape in the Philippines Anti-Virus Market

Ø  Snapshot on Cyber Security within the Philippines

Ø  End User Analysis for Selecting an Antivirus Company in the Philippines

Ø  Trends and Developments in the Philippines Anti-Virus Market

Ø  Philippines Antivirus Market Future Outlook and Projections, 2018P-2023E

Ø  Analyst Recommendations in the Philippines Antivirus Market

·         Snapshot on Philippines Multi-Media Software Market

·         SWOT Analysis in the Philippines IT Industry

·         Macroeconomic Factors affecting the Philippines IT Industry, 2012-2022E

To know more, click on the link below:

https://www.kenresearch.com/technology-and-telecom/it-and-ites/philippines-it-industry/184012-105.html

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Ankur Gupta, Head Marketing & Communications
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Point of Care (POC) Testing Followed by Increase in the Lifestyle Based Disease to Drive the Global in Vitro Diagnostics (IVD) Market: Ken Research

In vitro diagnostics or IVD are medical tests which are done on some samples for instance blood or tissue that have been taken from the human body. It can identify diseases or other conditions. It can be used to observe patient’s overall health to help cure, treat, or prevent diseases. It includes next generation sequencing tests, which scan patient’s DNA to detect genomic distinctions.

According to study, “Global In Vitro Diagnostics (IVD) Market: Drivers, Opportunities, Trends and Forecasts: 2014 – 2020” some of the major companies that are currently working in the Global In Vitro Diagnostics (IVD) market are BioMeriux S.A., Becton Dickenson & Company, Bio-Rad Laboratories Inc., Beckman Coulter Inc., Gen-Probe Inc., Sysmex Corporation, Ortho Clinical Diagnostics(Carlyle Group), Luminor Medical Technologies Inc., Transasia Bio-Medicals Ltd., Abbott Laboratories, Diagnostica Stago SAS, Diasorin Diagnostic S.P.A., Ranbaxy Diagnostics, Hologic Inc., Roche Diagnostics Ltd., Toshiba Medical Systems Corporation, Novartis International AG, Olympus Diagnostics, Kimberly-Clark Corporation, Targeted Diagnostics & Therapeutics Inc., Sigma Aldrich, Hitachi, Luminex Corp., Accurex, Wipro Biomed, Verax Biomedical Inc., Danaher Corporation, Bayer Healthcare, Horiba Inc., Qiagen NV, Alere Inc., Nicholas Piramal, Johnson and Johnson, Siemens Healthineers Inc., Mindray Medical International Ltd., Thermo Fisher Scientific Inc., F. Hoffmann-La Roche Ltd.

Based on the product type, the IVD market is segmented into instruments, reagents, and software & Services. Based on the technology, the market is segmented into clinical chemistry, clinical microbiology, immunoassay, molecular diagnostics, coagulation, hematology and other IVD technologies. Clinical chemistry is further sub-segmented intoliver profile, metabolic panel, thyroid function panel, electrolyte panel, lipid profile, renal panel and specialty chemistry tests. Immunoassay is further sub-segmented into Radioimmunoassay (RIA), Enzyme-Linked Immunosorbent Assay (ELISA) and western blot.

Based on the type of use market is segmented into reusable IVD devices and disposable IVD devices. Based on the test types, the market is segmented into Point-of-Care diagnostic and core laboratories diagnostics. Based on the application, the market is segmented into autoimmune disease, oncology, diabetes, drug testing, infectious diseases, nephrology and cardiology etc. In addition, based on the end-user, the market is segmented into hospitals, home care, laboratories and academics.

The IVD market is primarily driven by growing adoption of Point of Care (POC) testing, followed by increase in the based lifestyle diseases (cardiovascular diseases, tuberculosis (TB), emergence of minimal invasive technologies, cancer and diabetes), rapidly aging population, increase in automation, rapid urbanization, improvement in medical infrastructure, mounting consolidation, higher penetration of insurance cover, increasing demand for biomarker based testing. Apart from advantages, some of the market hindrances are stringent regulatory approval processes, lack of budget & labor, unclear reimbursement policies and increased sales of counterfeit glucose monitoring strips. Moreover, new opportunities such as increased sales of POC cardiac markers, growing significance of companion diagnostics, increased adoption of DNA probe based diagnostics and increased number of mergers and acquisitions supporting the significant market growth.

Globally, North America holds the largest market share of IVD market, followed by Europe due to recognition of personalized medicine & organized health care system. The Asia-Pacific region also projected to consume the largest sharedue to significant investment in research & development (R&D) activities. It is estimated that the global IVD market to reach at US$ 74.6 billion, by 2020. In forecast period it is anticipated that the market to grow at rapid pace owing to increasing in demand from the emerging countries.

For more information, click on the link below:

https://www.kenresearch.com/healthcare/diagnostics/vitro-diagnostics-market/173119-91.html

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Electronic Films to Drive the Electronic Films Market Over the Forecast Period: Ken Research

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Electronic Films Market: - Electronic films assign to coating & laminating of films, papers, and foils in the electronics industry. These are used to protect electronic devices & improve the clearness of the device screen. It offers many advantages like chemical resistance, fouling resistance, optical transparency, low coefficient of friction, conductivity, optical transparency, UV & weather resistance, high-temperature tolerance, moisture resistance, non-flammable properties, high insulation, low dielectric constant and many more.

According to study, “Global Electronic Films Market Research Report” some of the major companies that are currently working in the global electronic films market are DowDuPont, Nitto Denko Corporation, Gunze, Toray Industries Inc., 3M Company, TDK Corp., Toyobo Co. Ltd., Saint Gobain S.A., Teijin Ltd., The Chemours Company, Covers, Eastman Chemical Company, SKC Inc., Mitsubishi Chemical Holdings, Daikin, C3 Nano, O-film Tech Co Ltd., Oike& Co. Ltd., Dontech Inc., CanatuOy, SABIC.

Based on the film type, the electronic film's market is segmented into conductive and non-conductive films. Conductive films are generally used as optical or visual films in the display of electronic devices for instance smart-phones, wearable devices, displays, notebooks, tablets, and others (desktop PCs& monitors). Based on the material type, the market is segmented into indium tin oxide (ITO) on the glass, ITO on polyethylene terephthalate (PET), polymer, carbon nanotubes, silver nanowire, metal mesh and others (micro-fine wire & poly (3,4-ethylene dioxythiophene) or PEDOT). Based on the application, the market is defined as printed circuit boards (PCB), photovoltaic, wires & cables, electronic display, and semiconductors etc.

The increasing demand for the electronic files for the electronic displays such as a smartphone, laptop, tablet pc, a vehicle display, and industrial touch panel display adding a key opportunity for the growth of the market. The technology developments further offer conductive and protective films projected to push the demand in the coming years. The electronic films are demand is also developing due to the preference touch LCD panels, adoption of smartphones with touch-sensitive display for different applications with the use of high-performance properties of polymer-based electronic films. Some of the major restraints associated with manufacturing cost include high technology development and the manufacturing cost of the electronic films, difficulty in processing and high variability in prices of ITO. Some of the other opportunities to impact the market include the development of PCBs with the continuous development of the products.

Asia-pacific is the leading region in terms of market share primarily due to the high demand for customer electronics and a high economic growth rate. North American region is expected to register a higher growth rate or CAGR over the predicted period 2018-2025 as a result of the increasing volume of electronic film consumption and rising population. Moreover lucrative opportunities from automotive electronics, medical device electronics, and defense and aerospace electronic equipment further estimated to push the demand over the forecast period. In 2018, Electronic Films Market was valued almost US$7.53 billion and is estimated to grow fast during the anticipated period.

To know more, click on the link below:-

Global Electronic Films Market Size Study, By Type, By Material Type, By Application And Regional Forecasts 2018-2025

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Ken Research

Ankur Gupta, Head Marketing & Communications

Sales@kenresearch.com

+91-9015378249