IDC

The largest consumer Internet demand will come from a number of markets in the region, including the Philippines, Malaysia, and Indonesia.

Although the result was higher than expected, the trend still conformed to expectations of a slowing market which began in the second half of 2021.

Research firm IDC said the Philippines should prioritize capacity-building, which entails change management to teach Filipinos how to use the digital technologies available to them and applying relevant KPIs in assessing the performance of e-government platforms from user and productivity standpoints.

The decline is largely attributable to cooling demand as consumers begin to spend more in categories outside of wearables following years of precipitous growth that were further amplified during the pandemic.

According to research firm IDC, the Philippines tablet market grew by 34.3% year-on-year in the first quarter of 2022 as smartphone vendors expanded their product portfolios.

Epson is the top performing brand for the Philippines, Indonesia, and Taiwan.

Manufacturing constraints and logistic issues continued to be the main causes of the declining market.

Epson remains to be the market leader in the overall home/office printer market for 1Q22 holding 50.7% market share, despite showing a decline of -1.8% year-on-year.

Worldwide tablet shipments reached 38.4 million units during the first quarter of 2022 (1Q22), posting a decline of 3.9% year over year as demand slowed, according research firm IDC.

This marks the third consecutive quarter of decline for the smartphone market as shipments fell to 314.1 million units in the quarter.