Mexico Public Cloud Market Size & Outlook, 2023-2030

The public cloud market in Mexico is expected to reach a projected revenue of US$ 9,295.0 million by 2030. A compound annual growth rate of 13.8% is expected of Mexico public cloud market from 2024 to 2030.
Revenue, 2023 (US$M)
$3,762.0
Forecast, 2030 (US$M)
$9,295.0
CAGR, 2024 - 2030
13.8%
Report Coverage
Mexico

Mexico public cloud market highlights

  • The Mexico public cloud market generated a revenue of USD 3,762.0 million in 2023 and is expected to reach USD 9,295.0 million by 2030.
  • The Mexico market is expected to grow at a CAGR of 13.8% from 2024 to 2030.
  • In terms of segment, software as a service (saas) was the largest revenue generating service in 2023.
  • Infrastructure as a Service (IaaS) is the most lucrative service segment registering the fastest growth during the forecast period.

Public cloud market data book summary

Market revenue in 2023USD 3,762.0 million
Market revenue in 2030USD 9,295.0 million
Growth rate13.8% (CAGR from 2023 to 2030)
Largest segmentSoftware as a service (saas)
Fastest growing segmentInfrastructure as a Service (IaaS)
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationInfrastructure as a Service (IaaS), Platform as a Service (PaaS), Software as a Service (SaaS)
Key market players worldwideAlibaba Group Holding Ltd ADR, Amazon.com Inc, Adobe Inc, Alphabet Inc Class A, International Business Machines Corp, Microsoft Corp, Oracle Corp, Salesforce Inc, SAP SE, Workday Inc Class A

Other key industry trends

  • In terms of revenue, Mexico accounted for 1.7% of the global public cloud market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Latin America, Mexico public cloud 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 6,707.6 million by 2030.

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Public Cloud Market Companies

Name Profile # Employees HQ Website

Mexico public cloud 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 public cloud market will help companies and investors design strategic landscapes.


Software as a service (saas) was the largest segment with a revenue share of 55.08% in 2023. Horizon Databook has segmented the Mexico public cloud market based on infrastructure as a service (iaas), platform as a service (paas), software as a service (saas) covering the revenue growth of each sub-segment from 2018 to 2030.


  • Mexico Public Cloud Service Outlook (Revenue, USD Million, 2018-2030)
    • Infrastructure as a Service (IaaS)
    • Platform as a Service (PaaS)
    • Software as a Service (SaaS)
  • Mexico Public Cloud Application Outlook (Revenue, USD Million, 2018-2030)
    • BFSI
    • IT & Telecom
    • Retail & Cosumer Goods
    • Others
    • Government & Hybrid Sector
    • Government & Private Sector
    • Government & Public Sector
    • Media & Entertainment
    • Healthcare
    • Energy & Utilities
    • Manufacturing
  • Mexico Public Cloud Enterprise Size Outlook (Revenue, USD Million, 2018-2030)
    • Large Enterprises
    • Small & Medium Enterprises

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Target buyers of Mexico public cloud market databook

  • Our clientele includes a mix of public cloud 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 public cloud market , including forecasts for subscribers. This country databook contains high-level insights into Mexico public cloud market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Mexico public cloud market size, by service, 2018-2030 (US$M)

Mexico Public Cloud Market Outlook Share, 2023 & 2030 (US$M)

Mexico public cloud market size, by service, 2018-2030 (US$M)

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