Mexico Supply Chain Security Market Size & Outlook
Mexico supply chain security market, 2018-2030 (US$M)
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Mexico supply chain security market highlights
- The Mexico supply chain security market generated a revenue of USD 64.4 million in 2023 and is expected to reach USD 140.9 million by 2030.
- The Mexico market is expected to grow at a CAGR of 11.8% from 2024 to 2030.
- In terms of segment, hardware was the largest revenue generating component in 2023.
- Software is the most lucrative component segment registering the fastest growth during the forecast period.
Supply chain security market data book summary
| Market revenue in 2023 | USD 64.4 million |
| Market revenue in 2030 | USD 140.9 million |
| Growth rate | 11.8% (CAGR from 2023 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Software |
| 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 | Emerson Electric Co, International Business Machines Corp, NXP Semiconductors NV, Oracle Corp, ORBCOMM, Carrier Global Corp Ordinary Shares, Altana AI, Dickson, ELPRO Global, Hanwell Solutions, Monnit, Rotronic, SafeTraces, TagBox, Testo |
Other key industry trends
- In terms of revenue, Mexico accounted for 2.7% of the global supply chain security market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil supply chain security market is projected to lead the regional market in terms of revenue in 2030.
- Argentina is the fastest growing regional market in Latin America and is projected to reach USD 121.3 million by 2030.
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Supply Chain Security Market Scope
Supply Chain Security Market Companies
| Name | Profile | # Employees | HQ | Website |
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Mexico supply chain security 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 supply chain security market will help companies and investors design strategic landscapes.
Hardware was the largest segment with a revenue share of 54.66% in 2023. Horizon Databook has segmented the Mexico supply chain security market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.
Due to the increasing sophistication of cyber threats and their detrimental influence on an organization's operational activity, governments and authorities have been pushed to establish and form legislation. Currently, more than 120 countries have implemented some form of privacy laws for data protection.
This is to promote data security and support consumers in ensuring that data is stored in a secured infrastructure. The regulations and laws related to data protection generally follow the principles of notice, choice and consent, access and participation, integrity and security, and enforcement.
These principles form a basic structure to inform users of the policies to safeguard their personal information, obtain consent to store or collect personal information, ensure the information has no unauthorized access, and assure that data collection follows compliance.
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Target buyers of Mexico supply chain security market databook
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Our clientele includes a mix of supply chain security 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 supply chain security market , including forecasts for subscribers. This country databook contains high-level insights into Mexico supply chain security market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Mexico supply chain security market size, by component, 2018-2030 (US$M)
Mexico Supply Chain Security Market Outlook Share, 2023 & 2030 (US$M)
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