Software in Mexico
Description
Software in Mexico
Summary
Software in Mexico industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
Summary
Software in Mexico industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- 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 market value represents the revenue generated from sales and subscriptions of various software packages and offerings. It includes both signed deals that remain under contract and the annual revenues associated with new contracts signed within a specific calendar year. This excludes sales opportunities for third-party service providers.
- The Mexican software market recorded revenues of $13.2 billion in 2024, representing a compound annual growth rate (CAGR) of 11.3% between 2019 and 2024.
- The business process applications segment accounted for the market's largest proportion in 2024, with total revenues of $3.9 billion, equivalent to 29.6% of the market's overall value.
- In 2024, the Mexican software market recorded an annual growth of 12.9%. The growth is attributed to the accelerating digital transformation among small and medium-sized enterprises (SMEs). According to the National Institute of Statistics and Geography’s (INEGI) 2024 Economic Census, Mexico has 5.4 million micro, small, and medium-sized enterprises (MSMEs) that account for 71% of national employment.
- 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
- What was the size of the Mexico software market by value in 2024?
- What will be the size of the Mexico software market in 2029?
- What factors are affecting the strength of competition in the Mexico software market?
- How has the market performed over the last five years?
- Who are the top competitors in Mexico's software market?
Table of Contents
50 Pages
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Category segmentation
- 1.4. Geography segmentation
- 1.5. Market rivalry
- 1.6. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What are the strategies and strengths of leading players?
- 7.3. What have been the most recent developments in the market?
- 8 Company Profiles
- 8.1. Microsoft Corp
- 8.2. International Business Machines Corp
- 8.3. Oracle Corp
- 8.4. Salesforce Inc
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: Mexico software market value: $ million, 2019-24
- Table 2: Mexico software market category segmentation: % share, by value, 2019-24
- Table 3: Mexico software market category segmentation: $ million, 2019-24
- Table 4: Mexico software market geography segmentation: $ million, 2024
- Table 5: Mexico software market value forecast: $ million, 2024-29
- Table 6: Microsoft Corp: Key Facts
- Table 7: Microsoft Corp: Annual Financial Ratios
- Table 8: Microsoft Corp: Key Employees
- Table 9: Microsoft Corp: Key Employees Continued
- Table 10: Microsoft Corp: Key Employees Continued
- Table 11: International Business Machines Corp: Key Facts
- Table 12: International Business Machines Corp: Annual Financial Ratios
- Table 13: International Business Machines Corp: Key Employees
- Table 14: International Business Machines Corp: Key Employees Continued
- Table 15: Oracle Corp: Key Facts
- Table 16: Oracle Corp: Annual Financial Ratios
- Table 17: Oracle Corp: Key Employees
- Table 18: Oracle Corp: Key Employees Continued
- Table 19: Salesforce Inc: Key Facts
- Table 20: Salesforce Inc: Annual Financial Ratios
- Table 21: Salesforce Inc: Key Employees
- Table 22: Salesforce Inc: Key Employees Continued
- Table 23: Mexico Size of Population (Million), 2020-24
- Table 24: Mexico Real GDP (Constant 2010 Prices, $ Billion), 2020-24
- Table 25: Mexico GDP (Current Prices, $ Billion), 2020-24
- Table 26: Mexico Inflation, 2020-24
- Table 27: Mexico Consumer Price Index (Absolute), 2020-24
- Table 28: Mexico Exchange Rate, 2019-24
- List of Figures
- Figure 1: Mexico software market value: $ million, 2019-24
- Figure 2: Mexico software market category segmentation: $ million, 2019-24
- Figure 3: Mexico software market geography segmentation: % share, by value, 2024
- Figure 4: Mexico software market value forecast: $ million, 2024-29
- Figure 5: Forces driving competition in the software market in Mexico, 2024
- Figure 6: Drivers of buyer power in the software market in Mexico, 2024
- Figure 7: Drivers of supplier power in the software market in Mexico, 2024
- Figure 8: Factors influencing the likelihood of new entrants in the software market in Mexico, 2024
- Figure 9: Factors influencing the threat of substitutes in the software market in Mexico, 2024
- Figure 10: Drivers of degree of rivalry in the software market in Mexico, 2024
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