The Philippine information technology and business process management (IT-BPM) industry is set to notch another banner year, with employment projected to reach 1.9 million and export revenues expected to hit USD40 billion in 2025, according to the IT and Business Process Association of the Philippines (IBPAP).
That implies roughly 80,000 new jobs and an additional USD2 billion in revenues this year, keeping the sector firmly on a growth track even as global demand softens. Looking ahead, IBPAP sees exports climbing to USD42 billion in 2026—up 5 percent—while total employment edges closer to the two-million mark at around 1.97 million, adding another 70,000 jobs.
The outlook builds on a solid 2024 base, when industry revenues reached USD38 billion and employment stood at 1.82 million. IBPAP said momentum carried into 2025 on the back of sustained investor confidence, continued expansion of Global Capability Centers (GCCs), and a pivot toward higher-value, capability-driven services as clients navigate rapid technological change.
“What got us here will not be enough to take us where we need to go next,” IBPAP President and CEO Jack Madrid said, underscoring a renewed push for workforce upskilling and deeper collaboration with government, academe, and investors.
Notably, the local sector is outpacing global peers. IBPAP estimates Philippine IT-BPM employment grew by 4 percent and revenues by 5 percent in 2025, ahead of the roughly 3 percent expansion seen worldwide.
That outperformance suggests the country is gaining share, not just riding the cycle.
Still, the next phase will be more complex. As the industry nears two million jobs and contributes over 8 percent of GDP, IBPAP has flagged three priorities: responsible scaling of artificial intelligence, further GCC expansion, and safeguarding and enriching talent. The message is clear—growth now hinges less on volume and more on value.
