Software in Mexico industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The software market encompasses applications used for business operations (e.g., ERP, CRM, etc.), as well as infrastructure software that manages IT systems and operations.
- The Mexican software market registered revenues of $14.7 billion in 2023, representing a compound annual growth rate (CAGR) of 11% between 2018 and 2023.
- The business process applications segment accounted for the market's largest proportion in 2023, with total revenues of $4.3 billion, equivalent to 29.5% of the market's overall value.
- Mexico is one of the most prominent locations for nearshoring due to its close border proximity with the US, making the country an alluring destination for tech market investments.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the software market in Mexico
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the software market in Mexico
- Leading company profiles reveal details of key software market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Mexico software market with five year forecasts
Reasons to Buy
- What was the size of the Mexico software market by value in 2023?
- What will be the size of the Mexico software market in 2028?
- What factors are affecting the strength of competition in the Mexico software market?
- How has the market performed over the last five years?
- What are the main segments that make up Mexico's software market?
Table of Contents
1 Executive Summary
2 Market Overview
3 Market Data
4 Market Segmentation
5 Market Outlook
6 Five Forces Analysis
7 Competitive Landscape
8 Company Profiles
9 Macroeconomic Indicators
10 Appendix
List of Tables
List of Figures
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- International Business Machines Corporation
- Microsoft Corporation
- Alphabet Inc
- Oracle Corporation