Market revenue in 2023 | USD 2,410.1 million |
Market revenue in 2030 | USD 6,041.9 million |
Growth rate | 14% (CAGR from 2023 to 2030) |
Largest segment | Services |
Fastest growing segment | Services |
Historical data | 2019 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Hardware, Services |
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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 fixed wireless access market will help companies and investors design strategic landscapes.
Services was the largest segment with a revenue share of 56.98% in 2023. Horizon Databook has segmented the Mexico fixed wireless access market based on hardware, services covering the revenue growth of each sub-segment from 2019 to 2030.
The fixed wireless access market in Mexico holds a huge potential for the country’s technological advancement and economic growth. In addition, it can help bridge the digital divide within the country. The rising development of 5G infrastructure in the country, influenced by the favorable regulatory environment and investments in the 5G network, is expected to propel the growth of the fixed wireless access market in Mexico.
In February 2022, Telcel, a Mexican wireless telecommunications company and a subsidiary of America Movil, announced the launch of 5G services in 18 Mexican cities. Such initiatives are expected to bode well for the growth of the market.
Horizon Databook provides a detailed overview of country-level data and insights on the Mexico fixed wireless access market, including forecasts for subscribers. This country databook contains high-level insights into Mexico fixed wireless access market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
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