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IT-BPM Revenues Hit $38B in 2024
The Philippine Star|January 16, 2025
Revenues of the information technology and business process management (IT-BPM) industry reached $38 billion in 2024, achieving the baseline target for the year amid strong demand from global firms.
- By Louella Desiderio

In a Viber message yesterday, Information Technology and Business Process Association of the Philippines (IBPAP) president Jack Madrid said the IT-BPM industry generated $38 billion in revenue last year, seven percent higher than the $35.5 billion in 2023.

In terms of headcount, he said the IT-BPM industry closed 2024 with 1.82 million employees, also up by seven percent from 1.7 million in 2023.

This story is from the January 16, 2025 edition of The Philippine Star.

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IT-BPM Revenues Hit $38B in 2024
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This story is from the January 16, 2025 edition of The Philippine Star.

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