Mexico Cyber Security Market Report and Forecast 2025-2034

The Mexico cyber security market size reached USD 2.21 Billion in 2024. The market is projected to grow at a CAGR of 8.00% between 2025 and 2034, reaching almost USD 4.77 Billion by 2034.

Rising incidences of cyberbullying, identity theft, content manipulation, and hate crime targeting youngsters aged 18-24 years old are driving the Mexico cybersecurity market growth. Though Mexico is the 6th most popular destination for generative AI development, 65% of Mexicans have inadequate knowledge of artificial intelligence-based tools. As online abuse and AI-based scams record an uptick, the market is expected to grow significantly over the forecast period.

The Global Cybersecurity Index 2020 ranked Mexico behind countries like Kenya and Morocco at the 52nd position out of 180 countries. The recent data leak from Mexico’s Secretary of National Defence in 2022 put sensitive information related to defence planning and the head of the state’s life at risk. It is expected that the Mexican government will allocate a higher share of resources to strengthen its cybersecurity measures over the forecast period, further driving the Mexico cyber security market expansion.

Cross-border collaboration with other countries is one of the key Mexico cyber security market trends. The dialogue organised under the Bicentennial Framework between the United States of America and Mexico in December 2022 led to a partnership between California-based Resecurity and Mexico-based Totalsec to ensure a stable cyberspace and promote the exchange of cyber threat intelligence between nations. This is further expected to accelerate the Mexico cyber security market development in the forecast period.

Market Segmentation

Mexico Cyber Security Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:

Market Breakup by Component

Solution_x000D_ _x000D_ Encryption _x000D_ Data Loss Prevention _x000D_ Unified Threat Management _x000D_ Firewall _x000D_ Antivirus/Antimalware _x000D_ Intrusion Detection Systems/Intrusion Prevention Systems _x000D_ Disaster Recovery _x000D_ Distributed Denial of Service Mitigation _x000D_ Web Filtering _x000D_ Others _x000D_ _x000D_
Solution_x000D_ _x000D_ Encryption _x000D_ Data Loss Prevention _x000D_ Unified Threat Management _x000D_ Firewall _x000D_ Antivirus/Antimalware _x000D_ Intrusion Detection Systems/Intrusion Prevention Systems _x000D_ Disaster Recovery _x000D_ Distributed Denial of Service Mitigation _x000D_ Web Filtering _x000D_ Others _x000D_ _x000D_
Services _x000D_ _x000D_ Professional Services _x000D_ Managed Security Services _x000D_ _x000D_
Services _x000D_ _x000D_ Professional Services _x000D_ Managed Security Services _x000D_ _x000D_

Market Breakup by Deployment

Cloud
On-Premises
Others

Market Breakup by Security Type

Cloud Security
Application Security
Endpoint Security
Data Security
Network Security
Infrastructure Protection
Others

Market Breakup by Organisation Size

Large Enterprises
Small and Medium Enterprises

Market Breakup by End Use

BFSI
Government and Defence
Energy and Utilities
Healthcare
IT and Telecom
Manufacturing
Retail
Others

Market Breakup by Region

Baja California
Northern Mexico
The Bajío
Central Mexico
Pacific Coast
Yucatan Peninsula

Competitive Landscape

The key Mexico cyber security market players are:

Cisco Systems, Inc
IBM Corporation
Intel Corporation
Cyber Ark Software Ltd
Dell Inc.
CrowdStrike, Inc.
Sophos Ltd.
Palo Alto Networks, Inc.
Fortinet, Inc.
Trend Micro Incorporated
Others Show more