Despite slow economic growth, and upcoming elections, the security market in the Philippines is still growing strongly, as it has become a requirement for many establishments. Project demand in the Philippines has increased over the years, with a majority of demands coming from integrations and solutions. Ivan Tjahj
Despite slow economic growth, and upcoming elections, the security market in the Philippines is still growing strongly, as it has become a requirement for many establishments. Project demand in the Philippines has increased over the years, with a majority of demands coming from integrations and solutions.
Ivan Tjahjadi, Country Manager of ASEAN at
Axis Communications comments on the market. “I think that we will see a steady growth in revenues and probability of the security market. We now have more solutions for the market and customers are looking for better solutions when it comes to their security. It is also the right time to show the product performance and improvements.”
“To date, the highest growth for us is manufacturing, transport, and commercial projects. These industries now require more security and intelligence in their system. Integration is also a big factor since most of them has old systems running,” he explained.
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