Offshoring News

News / Philippines / 27 September 2026

The Philippine IT-BPM Sector Is Targeting $42 Billion and 1.97 Million Jobs in 2026

The Philippines' IT-BPM sector is targeting roughly $42 billion in export revenue and 1.97 million jobs in 2026, building on a 2025 that closed with around 1.9 million workers and $40 billion in exports, under IBPAP's Industry Roadmap 2028.

Source: Tribune (Philippines) · 14 June 2026 · Read the original

Rising bar chart with an upward trend arrow, illustrating Philippine IT-BPM growth

$42B

Targeted IT-BPM export revenue for 2026, under IBPAP's Industry Roadmap 2028

Category

News

Region

Philippines

Published

27 September 2026

The Story

The Information Technology and Business Process Association of the Philippines (IBPAP) is finalising its updated 2026 growth forecast under the industry's Roadmap 2028, targeting around 1.97 million full-time employees and roughly $42 billion in export revenue for the year.

The sector closed 2025 with solid momentum — adding an estimated 80,000 jobs and $2 billion in revenue to reach close to 1.9 million workers and $40 billion in exports, the first time the industry has cleared that $40 billion mark.

IBPAP's stated priorities for 2026 include scaling AI adoption responsibly, expanding global capability centres, and continued investment in workforce upskilling — a response, as one industry commentator put it, to a market where "AI is changing the nature of work, and global competition is raising expectations."

Why It Matters

This is the fourth consecutive year of growth for an industry that's already one of the country's largest sources of private-sector employment and export earnings — a scale that keeps making the Philippines a default option for offshore teams, not just a low-cost one.

Roadmap 2028's higher-growth scenario points to 2.5 million jobs and $59 billion in revenue by 2028. Whatever the exact number that lands, the direction is the same: more capacity, more competition for good people, and more pressure on providers to differentiate on quality rather than headcount alone.

AI adoption is explicitly part of the plan, not an afterthought. Businesses evaluating an offshore partner should expect that conversation to come up — the providers with a real answer are the ones actively investing in it.

What To Do

  • Ask a prospective partner how they're actually using AI

    Every provider will say they're 'adopting AI.' Ask what that means for your account specifically — the tools your team will use, and how quality and oversight are managed.

  • Look past the headcount number to the retention story

    A growing, more competitive labour market makes retention harder, not easier. Ask how a provider keeps good people, not just how many it can supply.

  • Revisit your offshore plans against a genuinely bigger market

    More capacity and investment in the industry means more options — including locations, roles and models you may not have considered when you first looked at offshoring.

Sources

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