Market Share of Philippines Cybersecurity Industry
The Philippines Cybersecurity Market is highly concentrated, and a few significant players, like Equinix Inc., Interxion, and IBM Corporation, dominate it. With a prominent market share, these major players focus on expanding their customer base across foreign countries. These companies leverage strategic collaborative initiatives to increase their market share and profitability. However, with technological advancements and product innovations, mid-size to smaller companies are growing their market presence by securing new contracts and tapping new markets.
In February 2022, PLDT Inc. and Microsoft announced a strategic partnership to work together through Microsoft's Cyber Threat Intelligence Program (CTIP), which aims to strengthen the country's digital borders and infrastructure security against cyber threats. With this strategic partnership, PLDT will gain access to Microsoft DCU's Azure-based cyber threat intelligence in real-time, providing information about the impact in the Philippines from the malware families DCU has disrupted in the past.
Philippines Cybersecurity Market Leaders
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IBM Corporation
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Cisco Systems Inc.
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Fujitsu Thailand Co. Ltd
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Dell Technologies Inc.
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Intel Security (Intel Corporation)
*Disclaimer: Major Players sorted in no particular order
