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Publication: June 2024
Report Type: Niche Report
Report Format: PDF DataSheet
Report ID: AI4229 
  Pages: 110+  

Philippines Generative AI Market Analysis, Size, and Forecast by Component, Deployment Model, Business Function, Technique, End User: 2019-2032

 June 2024   

Philippines Generative AI Market Snapshot

Philippines Generative AI Market

  • Revenue in the Philippines generative AI market is estimated to amount to US$ 232.1 million by 2024. The market is anticipated to grow at a CAGR of 24.97% from 2024 to 2032.
  • In components, the leading segment is projected to be the hardware with a market value of US$ 721.4 million by 2032.
  • In the Philippines generative AI market, 35.61% of total revenue will be contributed by the IT and Telecom end user by 2032.
  • The Retail sector is projected to emerge as fastest growing segment with 21.88% CAGR, in terms of revenue generation during the forecast period.

Philippines Generative AI Industry Coverage

Analysis Period

2019 – 2032

Actual Data

2019 – 2023

Base Year

2023

Estimated Year

2024

CAGR Period

2024 – 2032

Research Scope

Component
  • Hardware
  • Software
  • Service

Deployment Model
  • On-premise Solutions
  • Cloud-based Solutions
  • Hybrid Solutions

Business Function
  • Marketing and sales
  • Customer operations
  • Product R&D
  • Software engineering
  • Supply chain and operations
  • Risk and legal
  • Strategy and finance
  • Corporate IT
  • Talent and organization

Technique
  • Generative Modelling Techniques
  • Text-Based Techniques
  • Code-Based Techniques