Philippines: online security services market revenue 2028

The online security services market in the Philippines was estimated to have generated a revenue of about 100 million U.S. dollars in 2022, reflecting an increase from the previous year. This market was forecast to grow in the succeeding years, with estimated revenue of 151 million in 2028.

Revenue of the online security services market in the Philippines from 2016 to 2028 (in million U.S. dollars)

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Supplementary notes

Data provided by Statista Market Insights are estimates.

Cybersecurity is the process that provides and maintains confidentiality, integrity, availability, and privacy. This includes measures to prevent and respond to all incidents of cybercrimes, such as digital attacks and disruptions, to protect computer systems, networks, programs, and data (e.g., personal assets, important files, industrial and governmental information). The market for Cybersecurity includes revenues generated by the two key products, namely Cyber Solution and Security Services.

Market values represent revenues paid to primary vendors at manufacturer price level either directly or through distribution channels (excluding VAT). Reported market revenues include spending by consumers (B2C), enterprises (B2B), and governments (B2G). Revenues are allocated to the country where the money is spent.

Company examples: Cisco, Palo Alto Networks, Secureworks.

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