Mexico Application Transformation Market Size & Outlook

The application transformation market in Mexico is expected to reach a projected revenue of US$ 702.8 million by 2030. A compound annual growth rate of 14.3% is expected of Mexico application transformation market from 2023 to 2030.

Revenue, 2022 (US$M)
$241.4
Forecast, 2030 (US$M)
$702.8
CAGR, 2023 - 2030
14.3%
Report Coverage
Mexico

Mexico application transformation market highlights

  • The Mexico application transformation market generated a revenue of USD 241.4 million in 2022 and is expected to reach USD 702.8 million by 2030.
  • The Mexico market is expected to grow at a CAGR of 14.3% from 2023 to 2030.
  • In terms of segment, large enterprise was the largest revenue generating enterprise size in 2022.
  • Small & Medium Enterprise is the most lucrative enterprise size segment registering the fastest growth during the forecast period.

Application transformation market data book summary

Market revenue in 2022USD 241.4 million
Market revenue in 2030USD 702.8 million
Growth rate14.3% (CAGR from 2022 to 2030)
Largest segmentLarge enterprise
Fastest growing segmentSmall & Medium Enterprise
Historical data2018 - 2021
Base year2022
Forecast period2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationLarge Enterprise, Small & Medium Enterprise
Key market players worldwideAccenture PLC Class A, Atos SE, Capgemini SE, Cognizant Technology Solutions Corp Class A, Fujitsu Ltd, HCL Technologies, International Business Machines Corp, Infosys Ltd ADR, Microsoft Corp, Oracle Corp, Bell Integrator, Micro Focus, Trianz

Other key industry trends

  • In terms of revenue, Mexico accounted for 2.4% of the global application transformation market in 2022.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Latin America, Mexico application transformation market is projected to lead the regional market in terms of revenue in 2030.
  • Brazil is the fastest growing regional market in Latin America and is projected to reach USD 449.5 million by 2030.

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Application Transformation Market Companies

Name Profile # Employees HQ Website

Mexico application transformation market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to application transformation market will help companies and investors design strategic landscapes.


Large enterprise was the largest segment with a revenue share of 65.08% in 2022. Horizon Databook has segmented the Mexico application transformation market based on large enterprise, small & medium enterprise covering the revenue growth of each sub-segment from 2018 to 2030.


  • Mexico Application Transformation Enterprise Size Outlook (Revenue, USD Million, 2018-2030)
    • Large Enterprise
    • Small & Medium Enterprise
  • Mexico Application Transformation Type Outlook (Revenue, USD Million, 2018-2030)
    • Application Integration
    • Cloud Application Migration
    • Application Portfolio Assessment
    • Application Replatforming
    • UI Modernization
    • Others
  • Mexico Application Transformation End Use Outlook (Revenue, USD Million, 2018-2030)
    • BFSI
    • Retail
    • Healthcare
    • IT & Telecom
    • Government
    • Manufacturing
    • Others

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Target buyers of Mexico application transformation market databook

  • Our clientele includes a mix of application transformation market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of country-level data and insights on the Mexico application transformation market, including forecasts for subscribers. This country databook contains high-level insights into Mexico application transformation market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Mexico application transformation market size, by enterprise size, 2018-2030 (US$M)

Mexico Application Transformation Market Share, 2022 & 2030 (US$M)

Mexico application transformation market size, by enterprise size, 2018-2030 (US$M)

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