Mexico Spatial Computing Market Size & Outlook, 2023-2030
Mexico spatial computing market, 2018-2030 (US$M)
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Mexico spatial computing market highlights
- The Mexico spatial computing market generated a revenue of USD 1,576.7 million in 2023 and is expected to reach USD 6,327.8 million by 2030.
- The Mexico market is expected to grow at a CAGR of 22% from 2024 to 2030.
- In terms of segment, hardware was the largest revenue generating component in 2023.
- Services is the most lucrative component segment registering the fastest growth during the forecast period.
Spatial computing market data book summary
| Market revenue in 2023 | USD 1,576.7 million |
| Market revenue in 2030 | USD 6,327.8 million |
| Growth rate | 22% (CAGR from 2023 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Services |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Software, Services |
| Key market players worldwide | Apple Inc, Alphabet Inc Class A, Lenovo Group Ltd, HTC Corp DR, Microsoft Corp, NVIDIA Corp, PTC, Qualcomm Inc, Oculus VisionTech Inc, Seiko Epson Corp, Sony Group Corp ADR, Unity Software Inc Ordinary Shares, Vuzix Corp, Avegant, Blippar, DAQRI, Magic Leap, 3D Cloud, Zappar |
Other key industry trends
- In terms of revenue, Mexico accounted for 1.2% of the global spatial computing market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil spatial computing market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in Latin America and is projected to reach USD 6,327.8 million by 2030.
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Spatial Computing Market Scope
Spatial Computing Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Mexico spatial computing 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 spatial computing market will help companies and investors design strategic landscapes.
Hardware was the largest segment with a revenue share of 67.55% in 2023. Horizon Databook has segmented the Mexico spatial computing market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.
Mexico spatial computing market was with increased adoption of immersive technologies across various industry verticals, including healthcare, retail, education, automotive, manufacturing, etc. For instance, in April 2022, Johnson & Johnson Services, Inc. launched an Innovation Room with an aim to provide medical training to the healthcare professionals and students in Mexico through metaverse.
It will serve as a virtual space comprising sophisticated medical simulators and devices that will allow the medical practitioners to rehearse in a virtual environment before performing the real surgery in the operating room. These developments across various domains will enhance the market outlook over the foreseeable future.
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Our clientele includes a mix of spatial computing market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico spatial computing market , including forecasts for subscribers. This country databook contains high-level insights into Mexico spatial computing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico spatial computing market size, by component, 2018-2030 (US$M)
Mexico Spatial Computing Market Outlook Share, 2023 & 2030 (US$M)
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