Professional Documents
Culture Documents
Business Trends in The Philippines 2021
Business Trends in The Philippines 2021
Philippines 2021
Business Trends in the Philippines 2021
E-Commerce
Fin-Tech
Cybersecurity
E-Commerce
Success: Due to the Need for Digitalization and a Solution for people who lost their jobs
Market Leaders: Lazada and Shoppee (Duopoly)
Problems in E-Commerce: Buyers have issues in the delivery of their parcels by the third-
party logistics companies.
Solution: Provide their own logistics companies separate from the third party logistics
companies
Fin-Tech
Relevance increased due to their capacity to provide a convenient way of paying while
being at the safety of our homes
The industry is booming and several companies reached more than 100% growth.
Opportunity: Digitize Key Institutions like Banks, so that more payment services can be
offered and created.
Cybersecurity
Cyber Attacks resulting to exposure of Confidential Data : Over 310,000 credit card details
issued by top banks in Indonesia, Malaysia, the Philippines, Singapore, Thailand, and
Vietnam, were involved in a data breach in March.
Digitalization for Online Survival of Businesses
Increase in Online Payments
Remote Working and Reliance on VPNs
Health Sector is Cyber Threat Target
Opportunities: Business Solutions Companies to develop a more targeted Cybersecurity
Program for the Digital Projects of Companies
Other Relevant Industries
Home Fitness
Food Delivery
Home Improvement
Telemedicine