Overview
Mexico remains one of Latin America’s most dynamic IT and telecom markets. Nearshoring and FDI in cloud services are driving private investment, while regulatory uncertainty and government intervention in the telecommunications sector still temper momentum.
Internet and IT Services
According to Mexico’s National Statistics and Geography Institute (INEGI), in 2024, 100.2 million Mexicans used the internet (83.1 percent of the population over six years old), and 73.6 percent of households had internet access. 97.2 percent of internet users connected via smartphone.
Business Monitor International/BMI estimates that Mexico’s IT market will reach MXN 397.4 billion (around USD 20.4 billion) by the end of 2025, up from MXN 343.3 billion (approximately USD 18.3 billion) in 2024. IT services lead with an estimated value of MXN 217.8 billion (USD 11.90 billion), followed by the hardware vertical at MXN 101.9 billion (USD 5.57 billion), and Software at MXN 77.6 billion (USD 4.24 billion).
Cloud Infrastructure and Data Center Expansion
Over the past year, Mexico has emerged as a strategic regional hub for hyperscale cloud infrastructure. In January 2025, Amazon Web Services/AWS launched its first “Mexico (Central)” cloud region in Querétaro and committed to invest over USD five billion over 15 years. This region includes three Availability Zones and is estimated to generate approximately USD 10 billion in GDP impact and support around 7,000 full time equivalent jobs across the AWS supply chain in Mexico. Simultaneously, Google Cloud inaugurated its third Latin American cloud region in Querétaro in late 2024, projected to contribute over USD 11 billion to GDP by 2030 and create more than 100,000 jobs. Other global players -including Microsoft, Oracle, and Chinese providers- are also ramping up data center footprints in the Querétaro corridor, often housed in colocation facilities run by ODATA, Ascenty/Equinix/Scala, KIO, CloudHQ, Layer 9, EdgeConneX, and MDC Data Centers.
Source: Data Center Dynamics
The Mexican data center sector was valued at USD 1.06 billion in 2024 and is forecast to exceed USD 2.27 billion by 2030, growing at a rate of 13.5 percent. However, this explosive infrastructure build-out, especially in water-stressed regions like Querétaro, is prompting environmental scrutiny, particularly regarding electricity and water usage amid recurring droughts and grid strain.
Source: GlobeNewswire
Meanwhile, the Mexican Government has signaled intent to modernize and strengthen its own sovereign IT infrastructure, notably through INFOTEC, the government-run digital research and infrastructure institute. While details remain vague, the initiative focuses on reinforcing in-house data management, boosting data sovereignty, and improving resilience and service continuity for federal digital services.
Cybersecurity
Mexico ranks among Latin America’s most targeted countries; Kaspersky’s 2024 view places Brazil and Mexico at the top for ransomware detections. Fortinet reports 324 billion attempted cyberattacks in Mexico in 2024 and continued high activity during 2025.
Mexico’s cybersecurity market is estimated at approximately USD 2.8 billion in 2025, with projections reaching nearly USD 4.85 billion by 2030 at a growth rate of 11.6 percent. Despite this expected growth, Mexico lacks a dedicated cybersecurity authority or comprehensive legal framework; cyber-risks are addressed through fragmented responsibilities spread across agencies, with multiple Senate bills and a nascent digital transformation agency under consideration to formalize governance. Institutional turf wars further complicate the landscape, particularly between the Secretary of Security and Civil Protection (SSPC) and new digital agencies.
Source: BMI
Chinese firms such as Huawei, Lenovo, and ZTE maintain a strong ICT presence in Mexico. For U.S. cybersecurity companies, this market could present promising opportunities for sophisticated solutions. However, challenges persist in navigating regulatory ambiguity, entrenched local partnerships, and the need to tailor solutions for a fragmented threat environment.
Telecommunications Services and Equipment
Mexico’s telecommunications sector continues to grow faster than the economy, driven by mobile services, broadband expansion, and public access initiatives. 2025 marks a pivotal year: the formerly independent Federal Institute of Telecommunications (IFT) was formally dissolved under a sweeping reform embodied in the new Telecommunications and Broadcasting Law, effective July 17. Its duties were split between the executive level Agency for Digital Transformation and Telecommunications (ATDT) and the recently created Telecommunications Regulatory Commission (CRT), under the ATDT, a restructuring that raises alarms with U.S. industry for potential USMCA violations since the Agreement requires an independent telecommunications regulator.
Another destabilizing factor is the expansion of Internet para Todos, a state owned mobile operator under the Federal Electricity Commission (CFE). Initially limited to rural areas, new legislation now allows CFE to offer telecom services in urban, privately served zones, and potentially access public spectrum for free, while private operators must purchase it via auction at high prices, this could represent a structural imbalance that may distort competition.
Spectrum costs in Mexico remain among the highest globally; by some estimates, nearly 186 percent above the global average, with mid band and low band fees significantly higher than in regional peers like Brazil and Chile. Excessive pricing has discouraged new entrants and limited auction participation.
Trade Statistics
Table 1: Mexico Internet and IT Service Market Size (USD Millions)
| 2021 | 2022 | 2023 | 2024 (est.) | |
| Computer users | 43.5 | 43.8 | 43.3 | 44.1 |
| Mobile users | 87.2 | 91.7 | 93.7 | 97.2 |
| Internet users | 82.9 | 88.5 | 93 | 97 |
Source: INEGI
Table 2: Mexico IT Market Size (USD Billions)
| 2022 | 2023 | 2024 | 2025 (est.) | |
| IT Market Value | 14.5 | 17.3 | 18.8 | 20.4 |
| Computer Hardware Sales | 5.39 | 5.86 | 5.27 | 5.57 |
| Software Sales | 2.17 | 2.82 | 3.44 | 4.24 |
| Services Sales | 6.95 | 8.62 | 10.1 | 11.9 |
Source: BMI Research
Leading Sub-sectors
Like the United States, Mexico’s ICT sector is dynamic and diverse. Opportunities for U.S. companies exist in the following sub-sectors:
- Cybersecurity (including nOT and managed SOC)
- Cloud computing (including hybrid multi-cloud, cloud security, and AI solutions)
- Data center infrastructure (power, cooling, interconnect)
- Mobile apps and instant payments
- Analytics (Business intelligence and machine learning)
Opportunities
The main opportunities for IT products and services are in sectors intensifying the use of IT and solutions that support operations, productivity, and cost reduction. Opportunities include secure connectivity, factiry/warehouse automation (auto, electronics, logistics), cloud migration, SaaS, data platforms, and AI.
Resources
- National Chamber of the Electronics, Telecommunications, and IT Industry (CANIETI)
- IT Industry Association (AMITI)
- Mexican Online Sales Association (AMVO)
Events
- Expo IntegraTec, August 2026. Mexico City
- InfoSecurity Mexico: No confirmed date for 2026. Mexico City.
- Talent Land Mexico, April 9-11, 2026. Mexico City.
Commercial Specialist
For further information and assistance in exploring opportunities in Mexico’s Internet, IT services, and telecommunications market, contact: Adriana Carrillo (Adriana.Carrillo@trade.gov)