Mexico Information Technology Report Q2 2016
Latest Updates & Industry Developments
Computer Hardware Sales: will increase from MXN117.8bn in 2016 to MXN150.0bn in 2020 at acompound annual growth rate (CAGR) of 6.1%. Household income growth will underpin a robustexpansion of the PC market in value and volume terms, while enterprise hardware spending is expectedto accelerate as business sentiment strengthens.
Software Sales: will increase from MXN65.7bn in 2016 to MXN93.0bn in 2020 at a CAGR of 9.1%.Enterprise application spending is expected to grow as the wider availability of software-as-a-servicedeepens the market; positive spill over for cybersecurity solutions is also envisaged.
IT Services Sales: will increase from MXN107.2bn in 2016 to MXN154.8bn in 2020 at a CAGR of9.6%. Infrastructure cloud service growth is expected to outperform as telecoms infrastructure isupgraded and as competition strengthens in the wake of new regulations.
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