Mexico It Services Market Size & Outlook, 2025-2030
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Mexico it services market highlights
- The Mexico it services market generated a revenue of USD 26,877.0 million in 2024 and is expected to reach USD 35,261.1 million by 2030.
- The Mexico market is expected to grow at a CAGR of 4.5% from 2025 to 2030.
- In terms of segment, reactive it services was the largest revenue generating approach in 2024.
- Proactive IT Services is the most lucrative approach segment registering the fastest growth during the forecast period.
It services market data book summary
| Market revenue in 2024 | USD 26,877.0 million |
| Market revenue in 2030 | USD 35,261.1 million |
| Growth rate | 4.5% (CAGR from 2025 to 2030) |
| Largest segment | Reactive it services |
| Fastest growing segment | Proactive IT Services |
| Historical data | 2017 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Reactive IT Services, Proactive IT Services |
| Key market players worldwide | Amazon.com Inc, Avaya, Cisco Systems Inc, DXC Technology Co Registered Shs When Issued, Fortinet Inc, Hewlett Packard Enterprise Co, Huawei Technologies, International Business Machines Corp, Juniper Networks Inc, Microsoft Corp, Broadcom Inc, Oracle Corp |
Other key industry trends
- In terms of revenue, Mexico accounted for 1.8% of the global it services market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil it services 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 47,457.6 million by 2030.
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IT Services Market Scope
IT Services Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Huawei Technologies | View profile | 10001+ | Shenzhen, Guangdong, China, Asia | http://huawei.com |
| Juniper Networks Inc | View profile | 3374 | 1133 Innovation Way, Sunnyvale, CA, United States, 94089 | https://www.juniper.net |
| Avaya | View profile | 10001+ | Durham, North Carolina, United States, North America | http://www.avaya.com |
| Cisco Systems Inc | View profile | 84900 | 170 West Tasman Drive, San Jose, CA, United States, 95134-1706 | https://www.cisco.com |
| DXC Technology Co Registered Shs When Issued | View profile | 130000 | 20408 Bashan Drive, Suite 231, Ashburn, VA, United States, 20147 | https://www.dxc.technology |
| Hewlett Packard Enterprise Co | View profile | 62000 | 1701 East Mossy Oaks Road, Spring, TX, United States, 77389 | https://www.hpe.com |
| Fortinet Inc | View profile | 13522 | 909 Kifer Road, Sunnyvale, CA, United States, 94086 | https://www.fortinet.com |
| Broadcom Inc | View profile | 20000 | 3421 Hillview Avenue, Palo Alto, CA, United States, 94304 | https://www.broadcom.com |
| Microsoft Corp | View profile | 221000 | One Microsoft Way, Redmond, WA, United States, 98052-6399 | https://www.microsoft.com |
| International Business Machines Corp | View profile | 282200 | One New Orchard Road, Armonk, NY, United States, 10504 | http://www.ibm.com |
| Oracle Corp | View profile | 164000 | 2300 Oracle Way, Austin, TX, United States, 78741 | https://www.oracle.com |
| Amazon.com Inc | View profile | 1525000 | 410 Terry Avenue North, Seattle, WA, United States, 98109-5210 | https://www.amazon.com |
Mexico it services 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 it services market will help companies and investors design strategic landscapes.
Reactive it services was the largest segment with a revenue share of 55.45% in 2024. Horizon Databook has segmented the Mexico it services market based on reactive it services, proactive it services covering the revenue growth of each sub-segment from 2017 to 2030.
Mexico is the second-largest market in Latin America after Brazil for IT services. The adoption of digitalization technologies is increasing in Mexico. State governments in the country are only now beginning to use modern technology.
Governments are beginning to employ emerging technologies such as cloud computing, big data, the Internet of Things (IoT), and artificial intelligence. Mexico has attempted to adapt to the rapid changes in its society. The country is attempting to foster an atmosphere conducive to technological innovation. AI has been one of the pillars of modern technology.
Several Mexican companies that manufacture electrical equipment are currently using AI algorithms to create cutting-edge smart devices that are simple to use. Furthermore, software development companies use AI in their computers to help reduce failure rates, accelerate development, and provide precise cost and timeframe projections for software and strategic management.
Reasons to subscribe to Mexico it services market databook:
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Target buyers of Mexico it services market databook
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Our clientele includes a mix of it services market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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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 it services market , including forecasts for subscribers. This country databook contains high-level insights into Mexico it services market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico it services market size, by approach, 2017-2030 (US$M)
Mexico IT Services Market Outlook Share, 2024 & 2030 (US$M)
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