Mexico Telecom Services Market Size & Outlook, 2025-2030
Revenue, 2025 (US$M)
$0.0
Forecast, 2030 (US$M)
$0.0
CAGR, 2026 - 2030
-100%
Report Coverage
Mexico
Mexico telecom services market, 2018-2030 (US$M)
Related Markets
Mexico telecom services market highlights
- The Mexico telecom services market generated a revenue of USD 24.8 billion in 2021 and is expected to reach USD 31.6 billion by 2028.
- The Mexico market is expected to grow at a CAGR of 3.5% from 2022 to 2028.
- In terms of segment, value-added services (vas) was the largest revenue generating service in 2021.
- Value-Added Services (VAS) is the most lucrative service segment registering the fastest growth during the forecast period.
Telecom services market data book summary
| Market revenue in 2021 | USD 24.8 billion |
| Market revenue in 2028 | USD 31.6 billion |
| Growth rate | 3.5% (CAGR from 2021 to 2028) |
| Largest segment | Value-added services (vas) |
| Fastest growing segment | Value-Added Services (VAS) |
| Historical data | 2017 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2028 |
| Quantitative units | Revenue in USD billion |
| Market segmentation | Basic Communication Services, Value-Added Services (VAS) |
| Key market players worldwide | AT&T, Verizon Communications Inc, Nippon Telegraph & Telephone Corp, China Mobile, Deutsche Telekom AG, SoftBank Group Corp, Telefonica SA, Vodafone Group PLC, KT Corp ADR, Reliance Inc, KDDI Corp, Orange SA, BT Group PLC, Comcast Corp Class A |
Other key industry trends
- In terms of revenue, Mexico accounted for 1.5% of the global telecom services market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
- In Latin America, Brazil telecom services market is projected to lead the regional market in terms of revenue in 2028.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 64.4 billion by 2028.
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Telecom Services Market Scope
Telecom services market segmentation & scope
Others
Telecom Services Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Mexico Telecom Services Market Outlook Share, 2025 & 2030 (US$M)
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