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Telecom Market in Mexico 2024-2028

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    Report

  • 136 Pages
  • May 2024
  • Region: Mexico
  • TechNavio
  • ID: 5969595
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The telecom market in Mexico is forecasted to grow by USD 13.09 billion during 2023-2028, accelerating at a CAGR of 6.51% during the forecast period. The report on the telecom market in Mexico provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by advances in telecom technologies, growing adoption of iot devices, and cost optimized availability of product and services.

The telecom market in Mexico is segmented as below:

By Type

  • Voice
  • Data

By Application

  • Commercial
  • Residential

By Product Type

  • Telecommunication hardware
  • Telecommunication services

By Geographical Landscape

  • North America

This study identifies the rising adoption of mobile financial services as one of the prime reasons driving the telecom market in Mexico growth during the next few years. Also, increase in stratergic partnership among vendors and increase in number of smart city initiatives will lead to sizable demand in the market.

The report on the telecom market in Mexico covers the following areas:

  • Telecom market in Mexico sizing
  • Telecom market in Mexico forecast
  • Telecom market in Mexico industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading telecom market in Mexico vendors that include Altan Redes, America Movil SAB de CV, AT&T Inc., Axtel SAB de CV, Grupo Televisa, Integrated Financial Technologies, Marcatel, Market Mettle Ltd., Megacable Holdings SAB de CV, SAP SE, Telefonica SA, Telenor Group, Comcast Corp., Grupo Salinas, and MCM Telecom. Also, the telecom market in Mexico analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Country Market Characteristics
Exhibit 04: Executive Summary - Chart on Market Segmentation by Type
Exhibit 05: Executive Summary - Chart on Market Segmentation by Application
Exhibit 06: Executive Summary - Chart on Market Segmentation by Product Type
Exhibit 07: Executive Summary - Chart on Vendor Market Positioning
2 Market Landscape
2.1 Market ecosystem
Exhibit 08: Parent market
Exhibit 09: Market Characteristics
3 Market Sizing
3.1 Market definition
Exhibit 10: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 11: Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Exhibit 12: Chart on Mexico - Market size and forecast 2023-2028 ($ billion)
Exhibit 13: Data Table on Mexico - Market size and forecast 2023-2028 ($ billion)
Exhibit 14: Chart on Mexico: Year-over-year growth 2023-2028 (%)
Exhibit 15: Data Table on Mexico: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Telecom market in Mexico 2018 - 2022
Exhibit 16: Historic Market Size - Data Table on telecom market in Mexico 2018 - 2022 ($ billion)
4.2 Type Segment Analysis 2018 - 2022
Exhibit 17: Historic Market Size - Type Segment 2018 - 2022 ($ billion)
4.3 Application Segment Analysis 2018 - 2022
Exhibit 18: Historic Market Size - Application Segment 2018 - 2022 ($ billion)
4.4 Product Type Segment Analysis 2018 - 2022
Exhibit 19: Historic Market Size - Product Type Segment 2018 - 2022 ($ billion)
5 Five Forces Analysis
5.1 Five forces summary
Exhibit 20: Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Exhibit 21: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Exhibit 22: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Exhibit 23: Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Exhibit 24: Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Exhibit 25: Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Exhibit 26: Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Type
6.1 Market segments
Exhibit 27: Chart on Type - Market share 2023-2028 (%)
Exhibit 28: Data Table on Type - Market share 2023-2028 (%)
6.2 Comparison by Type
Exhibit 29: Chart on Comparison by Type
Exhibit 30: Data Table on Comparison by Type
6.3 Voice - Market size and forecast 2023-2028
Exhibit 31: Chart on Voice - Market size and forecast 2023-2028 ($ billion)
Exhibit 32: Data Table on Voice - Market size and forecast 2023-2028 ($ billion)
Exhibit 33: Chart on Voice - Year-over-year growth 2023-2028 (%)
Exhibit 34: Data Table on Voice - Year-over-year growth 2023-2028 (%)
6.4 Data - Market size and forecast 2023-2028
Exhibit 35: Chart on Data - Market size and forecast 2023-2028 ($ billion)
Exhibit 36: Data Table on Data - Market size and forecast 2023-2028 ($ billion)
Exhibit 37: Chart on Data - Year-over-year growth 2023-2028 (%)
Exhibit 38: Data Table on Data - Year-over-year growth 2023-2028 (%)
6.5 Market opportunity by Type
Exhibit 39: Market opportunity by Type ($ billion)
Exhibit 40: Data Table on Market opportunity by Type ($ billion)
7 Market Segmentation by Application
7.1 Market segments
Exhibit 41: Chart on Application - Market share 2023-2028 (%)
Exhibit 42: Data Table on Application - Market share 2023-2028 (%)
7.2 Comparison by Application
Exhibit 43: Chart on Comparison by Application
Exhibit 44: Data Table on Comparison by Application
7.3 Commercial - Market size and forecast 2023-2028
Exhibit 45: Chart on Commercial - Market size and forecast 2023-2028 ($ billion)
Exhibit 46: Data Table on Commercial - Market size and forecast 2023-2028 ($ billion)
Exhibit 47: Chart on Commercial - Year-over-year growth 2023-2028 (%)
Exhibit 48: Data Table on Commercial - Year-over-year growth 2023-2028 (%)
7.4 Residential - Market size and forecast 2023-2028
Exhibit 49: Chart on Residential - Market size and forecast 2023-2028 ($ billion)
Exhibit 50: Data Table on Residential - Market size and forecast 2023-2028 ($ billion)
Exhibit 51: Chart on Residential - Year-over-year growth 2023-2028 (%)
Exhibit 52: Data Table on Residential - Year-over-year growth 2023-2028 (%)
7.5 Market opportunity by Application
Exhibit 53: Market opportunity by Application ($ billion)
Exhibit 54: Data Table on Market opportunity by Application ($ billion)
8 Market Segmentation by Product Type
8.1 Market segments
Exhibit 55: Chart on Product Type - Market share 2023-2028 (%)
Exhibit 56: Data Table on Product Type - Market share 2023-2028 (%)
8.2 Comparison by Product Type
Exhibit 57: Chart on Comparison by Product Type
Exhibit 58: Data Table on Comparison by Product Type
8.3 Telecommunication hardware - Market size and forecast 2023-2028
Exhibit 59: Chart on Telecommunication hardware - Market size and forecast 2023-2028 ($ billion)
Exhibit 60: Data Table on Telecommunication hardware - Market size and forecast 2023-2028 ($ billion)
Exhibit 61: Chart on Telecommunication hardware - Year-over-year growth 2023-2028 (%)
Exhibit 62: Data Table on Telecommunication hardware - Year-over-year growth 2023-2028 (%)
8.4 Telecommunication services - Market size and forecast 2023-2028
Exhibit 63: Chart on Telecommunication services - Market size and forecast 2023-2028 ($ billion)
Exhibit 64: Data Table on Telecommunication services - Market size and forecast 2023-2028 ($ billion)
Exhibit 65: Chart on Telecommunication services - Year-over-year growth 2023-2028 (%)
Exhibit 66: Data Table on Telecommunication services - Year-over-year growth 2023-2028 (%)
8.5 Market opportunity by Product Type
Exhibit 67: Market opportunity by Product Type ($ billion)
Exhibit 68: Data Table on Market opportunity by Product Type ($ billion)
9 Customer Landscape
9.1 Customer landscape overview
Exhibit 69: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
10 Drivers, Challenges, and Trends
10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 70: Impact of drivers and challenges in 2023 and 2028
10.4 Market trends
11 Vendor Landscape
11.1 Overview
11.2 Vendor landscape
Exhibit 71: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 72: Overview on factors of disruption
11.4 Industry risks
Exhibit 73: Impact of key risks on business
12 Vendor Analysis
12.1 Vendors covered
Exhibit 74: Vendors covered
12.2 Market positioning of vendors
Exhibit 75: Matrix on vendor position and classification
12.3 Altan Redes
Exhibit 76: Altan Redes - Overview
Exhibit 77: Altan Redes - Product / Service
Exhibit 78: Altan Redes - Key offerings
12.4 America Movil SAB de CV
Exhibit 79: America Movil SAB de CV - Overview
Exhibit 80: America Movil SAB de CV - Business segments
Exhibit 81: America Movil SAB de CV - Key offerings
Exhibit 82: America Movil SAB de CV - Segment focus
12.5 AT&T Inc.
Exhibit 83: AT&T Inc. - Overview
Exhibit 84: AT&T Inc. - Business segments
Exhibit 85: AT&T Inc. - Key news
Exhibit 86: AT&T Inc. - Key offerings
Exhibit 87: AT&T Inc. - Segment focus
12.6 Axtel SAB de CV
Exhibit 88: Axtel SAB de CV - Overview
Exhibit 89: Axtel SAB de CV - Product / Service
Exhibit 90: Axtel SAB de CV - Key offerings
12.7 Comcast Corp.
Exhibit 91: Comcast Corp. - Overview
Exhibit 92: Comcast Corp. - Business segments
Exhibit 93: Comcast Corp. - Key news
Exhibit 94: Comcast Corp. - Key offerings
Exhibit 95: Comcast Corp. - Segment focus
12.8 Grupo Salinas
Exhibit 96: Grupo Salinas - Overview
Exhibit 97: Grupo Salinas - Product / Service
Exhibit 98: Grupo Salinas - Key offerings
12.9 Grupo Televisa
Exhibit 99: Grupo Televisa - Overview
Exhibit 100: Grupo Televisa - Business segments
Exhibit 101: Grupo Televisa - Key offerings
Exhibit 102: Grupo Televisa - Segment focus
12.10 Integrated Financial Technologies
Exhibit 103: Integrated Financial Technologies - Overview
Exhibit 104: Integrated Financial Technologies - Product / Service
Exhibit 105: Integrated Financial Technologies - Key offerings
12.11 Marcatel
Exhibit 106: Marcatel - Overview
Exhibit 107: Marcatel - Product / Service
Exhibit 108: Marcatel - Key offerings
12.12 Market Mettle Ltd.
Exhibit 109: Market Mettle Ltd. - Overview
Exhibit 110: Market Mettle Ltd. - Product / Service
Exhibit 111: Market Mettle Ltd. - Key offerings
12.13 MCM Telecom
Exhibit 112: MCM Telecom - Overview
Exhibit 113: MCM Telecom - Product / Service
Exhibit 114: MCM Telecom - Key offerings
12.14 Megacable Holdings SAB de CV
Exhibit 115: Megacable Holdings SAB de CV - Overview
Exhibit 116: Megacable Holdings SAB de CV - Product / Service
Exhibit 117: Megacable Holdings SAB de CV - Key offerings
12.15 SAP SE
Exhibit 118: SAP SE - Overview
Exhibit 119: SAP SE - Business segments
Exhibit 120: SAP SE - Key news
Exhibit 121: SAP SE - Key offerings
Exhibit 122: SAP SE - Segment focus
12.16 Telefonica SA
Exhibit 123: Telefonica SA - Overview
Exhibit 124: Telefonica SA - Business segments
Exhibit 125: Telefonica SA - Key offerings
Exhibit 126: Telefonica SA - Segment focus
12.17 Telenor Group
Exhibit 127: Telenor Group - Overview
Exhibit 128: Telenor Group - Business segments
Exhibit 129: Telenor Group - Key offerings
Exhibit 130: Telenor Group - Segment focus
13 Appendix
13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 131: Inclusions checklist
Exhibit 132: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 133: Currency conversion rates for US$
13.4 Research methodology
Exhibit 134: Research methodology
Exhibit 135: Validation techniques employed for market sizing
Exhibit 136: Information sources
13.5 List of abbreviations
Exhibit 137: List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Country Market Characteristics
Exhibits 4: Executive Summary - Chart on Market Segmentation by Type
Exhibits 5: Executive Summary - Chart on Market Segmentation by Application
Exhibits 6: Executive Summary - Chart on Market Segmentation by Product Type
Exhibits 7: Executive Summary - Chart on Vendor Market Positioning
Exhibits 8: Parent market
Exhibits 9: Market Characteristics
Exhibits 10: Offerings of vendors included in the market definition
Exhibits 11: Market segments
Exhibits 12: Chart on Mexico - Market size and forecast 2023-2028 ($ billion)
Exhibits 13: Data Table on Mexico - Market size and forecast 2023-2028 ($ billion)
Exhibits 14: Chart on Mexico: Year-over-year growth 2023-2028 (%)
Exhibits 15: Data Table on Mexico: Year-over-year growth 2023-2028 (%)
Exhibits 16: Historic Market Size - Data Table on telecom market in Mexico 2018 - 2022 ($ billion)
Exhibits 17: Historic Market Size - Type Segment 2018 - 2022 ($ billion)
Exhibits 18: Historic Market Size - Application Segment 2018 - 2022 ($ billion)
Exhibits 19: Historic Market Size - Product Type Segment 2018 - 2022 ($ billion)
Exhibits 20: Five forces analysis - Comparison between 2023 and 2028
Exhibits 21: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits 22: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits 23: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits 24: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits 25: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits 26: Chart on Market condition - Five forces 2023 and 2028
Exhibits 27: Chart on Type - Market share 2023-2028 (%)
Exhibits 28: Data Table on Type - Market share 2023-2028 (%)
Exhibits 29: Chart on Comparison by Type
Exhibits 30: Data Table on Comparison by Type
Exhibits 31: Chart on Voice - Market size and forecast 2023-2028 ($ billion)
Exhibits 32: Data Table on Voice - Market size and forecast 2023-2028 ($ billion)
Exhibits 33: Chart on Voice - Year-over-year growth 2023-2028 (%)
Exhibits 34: Data Table on Voice - Year-over-year growth 2023-2028 (%)
Exhibits 35: Chart on Data - Market size and forecast 2023-2028 ($ billion)
Exhibits 36: Data Table on Data - Market size and forecast 2023-2028 ($ billion)
Exhibits 37: Chart on Data - Year-over-year growth 2023-2028 (%)
Exhibits 38: Data Table on Data - Year-over-year growth 2023-2028 (%)
Exhibits 39: Market opportunity by Type ($ billion)
Exhibits 40: Data Table on Market opportunity by Type ($ billion)
Exhibits 41: Chart on Application - Market share 2023-2028 (%)
Exhibits 42: Data Table on Application - Market share 2023-2028 (%)
Exhibits 43: Chart on Comparison by Application
Exhibits 44: Data Table on Comparison by Application
Exhibits 45: Chart on Commercial - Market size and forecast 2023-2028 ($ billion)
Exhibits 46: Data Table on Commercial - Market size and forecast 2023-2028 ($ billion)
Exhibits 47: Chart on Commercial - Year-over-year growth 2023-2028 (%)
Exhibits 48: Data Table on Commercial - Year-over-year growth 2023-2028 (%)
Exhibits 49: Chart on Residential - Market size and forecast 2023-2028 ($ billion)
Exhibits 50: Data Table on Residential - Market size and forecast 2023-2028 ($ billion)
Exhibits 51: Chart on Residential - Year-over-year growth 2023-2028 (%)
Exhibits 52: Data Table on Residential - Year-over-year growth 2023-2028 (%)
Exhibits 53: Market opportunity by Application ($ billion)
Exhibits 54: Data Table on Market opportunity by Application ($ billion)
Exhibits 55: Chart on Product Type - Market share 2023-2028 (%)
Exhibits 56: Data Table on Product Type - Market share 2023-2028 (%)
Exhibits 57: Chart on Comparison by Product Type
Exhibits 58: Data Table on Comparison by Product Type
Exhibits 59: Chart on Telecommunication hardware - Market size and forecast 2023-2028 ($ billion)
Exhibits 60: Data Table on Telecommunication hardware - Market size and forecast 2023-2028 ($ billion)
Exhibits 61: Chart on Telecommunication hardware - Year-over-year growth 2023-2028 (%)
Exhibits 62: Data Table on Telecommunication hardware - Year-over-year growth 2023-2028 (%)
Exhibits 63: Chart on Telecommunication services - Market size and forecast 2023-2028 ($ billion)
Exhibits 64: Data Table on Telecommunication services - Market size and forecast 2023-2028 ($ billion)
Exhibits 65: Chart on Telecommunication services - Year-over-year growth 2023-2028 (%)
Exhibits 66: Data Table on Telecommunication services - Year-over-year growth 2023-2028 (%)
Exhibits 67: Market opportunity by Product Type ($ billion)
Exhibits 68: Data Table on Market opportunity by Product Type ($ billion)
Exhibits 69: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 70: Impact of drivers and challenges in 2023 and 2028
Exhibits 71: Overview on Criticality of inputs and Factors of differentiation
Exhibits 72: Overview on factors of disruption
Exhibits 73: Impact of key risks on business
Exhibits 74: Vendors covered
Exhibits 75: Matrix on vendor position and classification
Exhibits 76: Altan Redes - Overview
Exhibits 77: Altan Redes - Product / Service
Exhibits 78: Altan Redes - Key offerings
Exhibits 79: America Movil SAB de CV - Overview
Exhibits 80: America Movil SAB de CV - Business segments
Exhibits 81: America Movil SAB de CV - Key offerings
Exhibits 82: America Movil SAB de CV - Segment focus
Exhibits 83: AT and T Inc. - Overview
Exhibits 84: AT and T Inc. - Business segments
Exhibits 85: AT and T Inc. - Key news
Exhibits 86: AT and T Inc. - Key offerings
Exhibits 87: AT and T Inc. - Segment focus
Exhibits 88: Axtel SAB de CV - Overview
Exhibits 89: Axtel SAB de CV - Product / Service
Exhibits 90: Axtel SAB de CV - Key offerings
Exhibits 91: Comcast Corp. - Overview
Exhibits 92: Comcast Corp. - Business segments
Exhibits 93: Comcast Corp. - Key news
Exhibits 94: Comcast Corp. - Key offerings
Exhibits 95: Comcast Corp. - Segment focus
Exhibits 96: Grupo Salinas - Overview
Exhibits 97: Grupo Salinas - Product / Service
Exhibits 98: Grupo Salinas - Key offerings
Exhibits 99: Grupo Televisa - Overview
Exhibits 100: Grupo Televisa - Business segments
Exhibits 101: Grupo Televisa - Key offerings
Exhibits 102: Grupo Televisa - Segment focus
Exhibits 103: Integrated Financial Technologies - Overview
Exhibits 104: Integrated Financial Technologies - Product / Service
Exhibits 105: Integrated Financial Technologies - Key offerings
Exhibits 106: Marcatel - Overview
Exhibits 107: Marcatel - Product / Service
Exhibits 108: Marcatel - Key offerings
Exhibits 109: Market Mettle Ltd. - Overview
Exhibits 110: Market Mettle Ltd. - Product / Service
Exhibits 111: Market Mettle Ltd. - Key offerings
Exhibits 112: MCM Telecom - Overview
Exhibits 113: MCM Telecom - Product / Service
Exhibits 114: MCM Telecom - Key offerings
Exhibits 115: Megacable Holdings SAB de CV - Overview
Exhibits 116: Megacable Holdings SAB de CV - Product / Service
Exhibits 117: Megacable Holdings SAB de CV - Key offerings
Exhibits 118: SAP SE - Overview
Exhibits 119: SAP SE - Business segments
Exhibits 120: SAP SE - Key news
Exhibits 121: SAP SE - Key offerings
Exhibits 122: SAP SE - Segment focus
Exhibits 123: Telefonica SA - Overview
Exhibits 124: Telefonica SA - Business segments
Exhibits 125: Telefonica SA - Key offerings
Exhibits 126: Telefonica SA - Segment focus
Exhibits 127: Telenor Group - Overview
Exhibits 128: Telenor Group - Business segments
Exhibits 129: Telenor Group - Key offerings
Exhibits 130: Telenor Group - Segment focus
Exhibits 131: Inclusions checklist
Exhibits 132: Exclusions checklist
Exhibits 133: Currency conversion rates for US$
Exhibits 134: Research methodology
Exhibits 135: Validation techniques employed for market sizing
Exhibits 136: Information sources
Exhibits 137: List of abbreviations

Executive Summary

The following companies are recognized as the key players in the telecom market in Mexico: Altan Redes, America Movil SAB de CV, AT and T Inc., Axtel SAB de CV, Grupo Televisa, Integrated Financial Technologies, Marcatel, Market Mettle Ltd., Megacable Holdings SAB de CV, SAP SE, Telefonica SA, Telenor Group, Comcast Corp., Grupo Salinas, and MCM Telecom.

Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is rising adoption of mobile financial services."

According to the report, one of the major drivers for this market is the advances in telecom technologies.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Altan Redes
  • America Movil SAB de CV
  • AT and T Inc.
  • Axtel SAB de CV
  • Grupo Televisa
  • Integrated Financial Technologies
  • Marcatel
  • Market Mettle Ltd.
  • Megacable Holdings SAB de CV
  • SAP SE
  • Telefonica SA
  • Telenor Group
  • Comcast Corp.
  • Grupo Salinas
  • MCM Telecom