NETDOC Comments on the Philippine's Security Industry

NETDOC IT Solutions was founded in 2010, and is a one stop shop for IP surveillance equipment, from IP cameras, VMS, servers, storage, wired and wireless infrastructure. As a local company based in Quezon City, Max Chayco, GM of NETDOC IT Solutions comments on the security industry in the Philippines.

In recent years, the security industry has been growing very fast, and growth of the security industry is expected by continue in double digits up to 2020, predicted Chayco. With the public-private partnership (PPP) implemented to help the country’s infrastructure, projects has been rolling out faster as the funding comes from the private sector, creating opportunities for security growth and market.

“We are expecting most government projects to materialize in 2015, since 2016 we will have presidential election. We expect BPO, casino, commercial/residential units, and mining to be the key market drivers,” he said.

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