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Telecom Market in Mexico 2025-2029

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    Report

  • 146 Pages
  • April 2025
  • Region: Mexico
  • TechNavio
  • ID: 5969595
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The telecom market in mexico is forecasted to grow by USD 18.1 billion during 2024-2029, accelerating at a CAGR of 8.2% during the forecast period. The report on the telecom market in mexico provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by advances in telecom technologies, rising 5g deployment, and continued emphasis on digital transformation initiatives.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.

The telecom market in mexico is segmented as below:

By Type

  • Voice
  • Data

By Application

  • Commercial
  • Residential

By Product Type

  • Telecommunication hardware
  • Telecommunication services

By Geographical Landscape

  • North America
This study identifies the rising adoption of mobile financial services as one of the prime reasons driving the telecom market in mexico growth during the next few years. Also, growing adoption of iot devices and increase in number of smart city initiatives will lead to sizable demand in the market.

The report on the telecom market in mexico covers the following areas:

  • Telecom Market in Mexico sizing
  • Telecom Market in Mexico forecast
  • Telecom Market in Mexico industry analysis
A robust vendor analysis within the report is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading telecom market in mexico vendors that include America Movil SAB de CV, AT&T Inc., Axtel S.A.B. de C.V., Cablemas, Comcast Corp., Marcatel, MAXCOM Red de Mexico S.A. de C.V., MCM Telecom, Telefonica SA, Telenor Group, and Televisair. Also, the telecom market in mexico analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Country Market Characteristics
Executive Summary - Chart on Market Segmentation by Type
Executive Summary - Chart on Market Segmentation by Application
Executive Summary - Chart on Market Segmentation by Product Type
Executive Summary - Chart on Company Market Positioning
2 Market Analysis
2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
2.2 Criticality of inputs and Factors of differentiation
Overview on criticality of inputs and factors of differentiation
2.3 Factors of disruption
Overview on factors of disruption
2.4 Impact of drivers and challenges
Impact of drivers and challenges in 2024 and 2029
3 Market Landscape
3.1 Market ecosystem
Parent Market
Data Table on - Parent Market
3.2 Market characteristics
Market characteristics analysis
3.3 Value chain analysis
Value chain analysis
4 Market Sizing
4.1 Market definition
Offerings of companies included in the market definition
4.2 Market segment analysis
Market segments
4.3 Market size 2024
4.4 Market outlook: Forecast for 2024-2029
Chart on Mexico - Market size and forecast 2024-2029 ($ billion)
Data Table on Mexico - Market size and forecast 2024-2029 ($ billion)
Chart on Mexico: Year-over-year growth 2024-2029 (%)
Data Table on Mexico: Year-over-year growth 2024-2029 (%)
5 Historic Market Size
5.1 Telecom Market in Mexico 2019 - 2023
Historic Market Size - Data Table on Telecom Market in Mexico 2019 - 2023 ($ billion)
5.2 Type segment analysis 2019 - 2023
Historic Market Size - Type Segment 2019 - 2023 ($ billion)
5.3 Application segment analysis 2019 - 2023
Historic Market Size - Application Segment 2019 - 2023 ($ billion)
5.4 Product Type segment analysis 2019 - 2023
Historic Market Size - Product Type Segment 2019 - 2023 ($ billion)
6 Qualitative Analysis
6.1 The AI impact on Telecom Market in Mexico
7 Five Forces Analysis
7.1 Five forces summary
Five forces analysis - Comparison between 2024 and 2029
7.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2024 and 2029
7.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2024 and 2029
7.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2024 and 2029
7.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2024 and 2029
7.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2024 and 2029
7.7 Market condition
Chart on Market condition - Five forces 2024 and 2029
8 Market Segmentation by Type
8.1 Market segments
Chart on Type - Market share 2024-2029 (%)
Data Table on Type - Market share 2024-2029 (%)
8.2 Comparison by Type
Chart on Comparison by Type
Data Table on Comparison by Type
8.3 Voice - Market size and forecast 2024-2029
Chart on Voice - Market size and forecast 2024-2029 ($ billion)
Data Table on Voice - Market size and forecast 2024-2029 ($ billion)
Chart on Voice - Year-over-year growth 2024-2029 (%)
Data Table on Voice - Year-over-year growth 2024-2029 (%)
8.4 Data - Market size and forecast 2024-2029
Chart on Data - Market size and forecast 2024-2029 ($ billion)
Data Table on Data - Market size and forecast 2024-2029 ($ billion)
Chart on Data - Year-over-year growth 2024-2029 (%)
Data Table on Data - Year-over-year growth 2024-2029 (%)
8.5 Market opportunity by Type
Market opportunity by Type ($ billion)
Data Table on Market opportunity by Type ($ billion)
9 Market Segmentation by Application
9.1 Market segments
Chart on Application - Market share 2024-2029 (%)
Data Table on Application - Market share 2024-2029 (%)
9.2 Comparison by Application
Chart on Comparison by Application
Data Table on Comparison by Application
9.3 Commercial - Market size and forecast 2024-2029
Chart on Commercial - Market size and forecast 2024-2029 ($ billion)
Data Table on Commercial - Market size and forecast 2024-2029 ($ billion)
Chart on Commercial - Year-over-year growth 2024-2029 (%)
Data Table on Commercial - Year-over-year growth 2024-2029 (%)
9.4 Residential - Market size and forecast 2024-2029
Chart on Residential - Market size and forecast 2024-2029 ($ billion)
Data Table on Residential - Market size and forecast 2024-2029 ($ billion)
Chart on Residential - Year-over-year growth 2024-2029 (%)
Data Table on Residential - Year-over-year growth 2024-2029 (%)
9.5 Market opportunity by Application
Market opportunity by Application ($ billion)
Data Table on Market opportunity by Application ($ billion)
10 Market Segmentation by Product Type
10.1 Market segments
Chart on Product Type - Market share 2024-2029 (%)
Data Table on Product Type - Market share 2024-2029 (%)
10.2 Comparison by Product Type
Chart on Comparison by Product Type
Data Table on Comparison by Product Type
10.3 Telecommunication hardware - Market size and forecast 2024-2029
Chart on Telecommunication hardware - Market size and forecast 2024-2029 ($ billion)
Data Table on Telecommunication hardware - Market size and forecast 2024-2029 ($ billion)
Chart on Telecommunication hardware - Year-over-year growth 2024-2029 (%)
Data Table on Telecommunication hardware - Year-over-year growth 2024-2029 (%)
10.4 Telecommunication services - Market size and forecast 2024-2029
Chart on Telecommunication services - Market size and forecast 2024-2029 ($ billion)
Data Table on Telecommunication services - Market size and forecast 2024-2029 ($ billion)
Chart on Telecommunication services - Year-over-year growth 2024-2029 (%)
Data Table on Telecommunication services - Year-over-year growth 2024-2029 (%)
10.5 Market opportunity by Product Type
Market opportunity by Product Type ($ billion)
Data Table on Market opportunity by Product Type ($ billion)
11 Customer Landscape
11.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
12 Drivers, Challenges, and Opportunity/Restraints
12.1 Market drivers
12.2 Market challenges
12.3 Impact of drivers and challenges
Impact of drivers and challenges in 2024 and 2029
12.4 Market opportunities/restraints
13 Competitive Landscape
13.1 Overview
13.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
13.3 Landscape disruption
Overview on factors of disruption
13.4 Industry risks
Impact of key risks on business
14 Competitive Analysis
14.1 Companies profiled
Companies covered
14.2 Company ranking index
Company ranking index
14.3 Market positioning of companies
Matrix on companies position and classification
14.4 America Movil SAB de CV
America Movil SAB de CV - Overview
America Movil SAB de CV - Business segments
America Movil SAB de CV - Key offerings
America Movil SAB de CV - Segment focus
SWOT
14.5 AT&T Inc.
AT&T Inc. - Overview
AT&T Inc. - Business segments
AT&T Inc. - Key news
AT&T Inc. - Key offerings
AT&T Inc. - Segment focus
SWOT
14.6 Axtel S.A.B. de C.V.
Axtel S.A.B. de C.V. - Overview
Axtel S.A.B. de C.V. - Product / Service
Axtel S.A.B. de C.V. - Key offerings
SWOT
14.7 Cablemas
Cablemas - Overview
Cablemas - Product / Service
Cablemas - Key offerings
SWOT
14.8 Comcast Corp.
Comcast Corp. - Overview
Comcast Corp. - Business segments
Comcast Corp. - Key news
Comcast Corp. - Key offerings
Comcast Corp. - Segment focus
SWOT
14.9 Marcatel
Marcatel - Overview
Marcatel - Product / Service
Marcatel - Key offerings
SWOT
14.10 MAXCOM Red de Mexico S.A. de C.V.
MAXCOM Red de Mexico S.A. de C.V. - Overview
MAXCOM Red de Mexico S.A. de C.V. - Product / Service
MAXCOM Red de Mexico S.A. de C.V. - Key offerings
SWOT
14.11 MCM Telecom
MCM Telecom - Overview
MCM Telecom - Product / Service
MCM Telecom - Key offerings
SWOT
14.12 Telefonica SA
Telefonica SA - Overview
Telefonica SA - Business segments
Telefonica SA - Key offerings
Telefonica SA - Segment focus
SWOT
14.13 Telenor Group
Telenor Group - Overview
Telenor Group - Business segments
Telenor Group - Key news
Telenor Group - Key offerings
Telenor Group - Segment focus
SWOT
14.14 Televisair
Televisair - Overview
Televisair - Product / Service
Televisair - Key offerings
SWOT
15 Appendix
15.1 Scope of the report
15.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
15.3 Currency conversion rates for US$
Currency conversion rates for US$
15.4 Research methodology
Research methodology
15.5 Data procurement
Information sources
15.6 Data validation
Data validation
15.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
15.8 Data synthesis
Data synthesis
15.9 360 degree market analysis
360 degree market analysis
15.10 List of abbreviations
List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Country Market Characteristics
Exhibits 4: Executive Summary - Chart on Market Segmentation by Type
Exhibits 5: Executive Summary - Chart on Market Segmentation by Application
Exhibits 6: Executive Summary - Chart on Market Segmentation by Product Type
Exhibits 7: Executive Summary - Chart on Company Market Positioning
Exhibits 8: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 9: Overview on criticality of inputs and factors of differentiation
Exhibits 10: Overview on factors of disruption
Exhibits 11: Impact of drivers and challenges in 2024 and 2029
Exhibits 12: Parent Market
Exhibits 13: Data Table on - Parent Market
Exhibits 14: Market characteristics analysis
Exhibits 15: Value chain analysis
Exhibits 16: Offerings of companies included in the market definition
Exhibits 17: Market segments
Exhibits 18: Chart on Mexico - Market size and forecast 2024-2029 ($ billion)
Exhibits 19: Data Table on Mexico - Market size and forecast 2024-2029 ($ billion)
Exhibits 20: Chart on Mexico: Year-over-year growth 2024-2029 (%)
Exhibits 21: Data Table on Mexico: Year-over-year growth 2024-2029 (%)
Exhibits 22: Historic Market Size - Data Table on Telecom Market in Mexico 2019 - 2023 ($ billion)
Exhibits 23: Historic Market Size - Type Segment 2019 - 2023 ($ billion)
Exhibits 24: Historic Market Size - Application Segment 2019 - 2023 ($ billion)
Exhibits 25: Historic Market Size - Product Type Segment 2019 - 2023 ($ billion)
Exhibits 26: Five forces analysis - Comparison between 2024 and 2029
Exhibits 27: Bargaining power of buyers - Impact of key factors 2024 and 2029
Exhibits 28: Bargaining power of suppliers - Impact of key factors in 2024 and 2029
Exhibits 29: Threat of new entrants - Impact of key factors in 2024 and 2029
Exhibits 30: Threat of substitutes - Impact of key factors in 2024 and 2029
Exhibits 31: Threat of rivalry - Impact of key factors in 2024 and 2029
Exhibits 32: Chart on Market condition - Five forces 2024 and 2029
Exhibits 33: Chart on Type - Market share 2024-2029 (%)
Exhibits 34: Data Table on Type - Market share 2024-2029 (%)
Exhibits 35: Chart on Comparison by Type
Exhibits 36: Data Table on Comparison by Type
Exhibits 37: Chart on Voice - Market size and forecast 2024-2029 ($ billion)
Exhibits 38: Data Table on Voice - Market size and forecast 2024-2029 ($ billion)
Exhibits 39: Chart on Voice - Year-over-year growth 2024-2029 (%)
Exhibits 40: Data Table on Voice - Year-over-year growth 2024-2029 (%)
Exhibits 41: Chart on Data - Market size and forecast 2024-2029 ($ billion)
Exhibits 42: Data Table on Data - Market size and forecast 2024-2029 ($ billion)
Exhibits 43: Chart on Data - Year-over-year growth 2024-2029 (%)
Exhibits 44: Data Table on Data - Year-over-year growth 2024-2029 (%)
Exhibits 45: Market opportunity by Type ($ billion)
Exhibits 46: Data Table on Market opportunity by Type ($ billion)
Exhibits 47: Chart on Application - Market share 2024-2029 (%)
Exhibits 48: Data Table on Application - Market share 2024-2029 (%)
Exhibits 49: Chart on Comparison by Application
Exhibits 50: Data Table on Comparison by Application
Exhibits 51: Chart on Commercial - Market size and forecast 2024-2029 ($ billion)
Exhibits 52: Data Table on Commercial - Market size and forecast 2024-2029 ($ billion)
Exhibits 53: Chart on Commercial - Year-over-year growth 2024-2029 (%)
Exhibits 54: Data Table on Commercial - Year-over-year growth 2024-2029 (%)
Exhibits 55: Chart on Residential - Market size and forecast 2024-2029 ($ billion)
Exhibits 56: Data Table on Residential - Market size and forecast 2024-2029 ($ billion)
Exhibits 57: Chart on Residential - Year-over-year growth 2024-2029 (%)
Exhibits 58: Data Table on Residential - Year-over-year growth 2024-2029 (%)
Exhibits 59: Market opportunity by Application ($ billion)
Exhibits 60: Data Table on Market opportunity by Application ($ billion)
Exhibits 61: Chart on Product Type - Market share 2024-2029 (%)
Exhibits 62: Data Table on Product Type - Market share 2024-2029 (%)
Exhibits 63: Chart on Comparison by Product Type
Exhibits 64: Data Table on Comparison by Product Type
Exhibits 65: Chart on Telecommunication hardware - Market size and forecast 2024-2029 ($ billion)
Exhibits 66: Data Table on Telecommunication hardware - Market size and forecast 2024-2029 ($ billion)
Exhibits 67: Chart on Telecommunication hardware - Year-over-year growth 2024-2029 (%)
Exhibits 68: Data Table on Telecommunication hardware - Year-over-year growth 2024-2029 (%)
Exhibits 69: Chart on Telecommunication services - Market size and forecast 2024-2029 ($ billion)
Exhibits 70: Data Table on Telecommunication services - Market size and forecast 2024-2029 ($ billion)
Exhibits 71: Chart on Telecommunication services - Year-over-year growth 2024-2029 (%)
Exhibits 72: Data Table on Telecommunication services - Year-over-year growth 2024-2029 (%)
Exhibits 73: Market opportunity by Product Type ($ billion)
Exhibits 74: Data Table on Market opportunity by Product Type ($ billion)
Exhibits 75: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 76: Impact of drivers and challenges in 2024 and 2029
Exhibits 77: Overview on criticality of inputs and factors of differentiation
Exhibits 78: Overview on factors of disruption
Exhibits 79: Impact of key risks on business
Exhibits 80: Companies covered
Exhibits 81: Company ranking index
Exhibits 82: Matrix on companies position and classification
Exhibits 83: America Movil SAB de CV - Overview
Exhibits 84: America Movil SAB de CV - Business segments
Exhibits 85: America Movil SAB de CV - Key offerings
Exhibits 86: America Movil SAB de CV - Segment focus
Exhibits 87: SWOT
Exhibits 88: AT&T Inc. - Overview
Exhibits 89: AT&T Inc. - Business segments
Exhibits 90: AT&T Inc. - Key news
Exhibits 91: AT&T Inc. - Key offerings
Exhibits 92: AT&T Inc. - Segment focus
Exhibits 93: SWOT
Exhibits 94: Axtel S.A.B. de C.V. - Overview
Exhibits 95: Axtel S.A.B. de C.V. - Product / Service
Exhibits 96: Axtel S.A.B. de C.V. - Key offerings
Exhibits 97: SWOT
Exhibits 98: Cablemas - Overview
Exhibits 99: Cablemas - Product / Service
Exhibits 100: Cablemas - Key offerings
Exhibits 101: SWOT
Exhibits 102: Comcast Corp. - Overview
Exhibits 103: Comcast Corp. - Business segments
Exhibits 104: Comcast Corp. - Key news
Exhibits 105: Comcast Corp. - Key offerings
Exhibits 106: Comcast Corp. - Segment focus
Exhibits 107: SWOT
Exhibits 108: Marcatel - Overview
Exhibits 109: Marcatel - Product / Service
Exhibits 110: Marcatel - Key offerings
Exhibits 111: SWOT
Exhibits 112: MAXCOM Red de Mexico S.A. de C.V. - Overview
Exhibits 113: MAXCOM Red de Mexico S.A. de C.V. - Product / Service
Exhibits 114: MAXCOM Red de Mexico S.A. de C.V. - Key offerings
Exhibits 115: SWOT
Exhibits 116: MCM Telecom - Overview
Exhibits 117: MCM Telecom - Product / Service
Exhibits 118: MCM Telecom - Key offerings
Exhibits 119: SWOT
Exhibits 120: Telefonica SA - Overview
Exhibits 121: Telefonica SA - Business segments
Exhibits 122: Telefonica SA - Key offerings
Exhibits 123: Telefonica SA - Segment focus
Exhibits 124: SWOT
Exhibits 125: Telenor Group - Overview
Exhibits 126: Telenor Group - Business segments
Exhibits 127: Telenor Group - Key news
Exhibits 128: Telenor Group - Key offerings
Exhibits 129: Telenor Group - Segment focus
Exhibits 130: SWOT
Exhibits 131: Televisair - Overview
Exhibits 132: Televisair - Product / Service
Exhibits 133: Televisair - Key offerings
Exhibits 134: SWOT
Exhibits 135: Inclusions checklist
Exhibits 136: Exclusions checklist
Exhibits 137: Currency conversion rates for US$
Exhibits 138: Research methodology
Exhibits 139: Information sources
Exhibits 140: Data validation
Exhibits 141: Validation techniques employed for market sizing
Exhibits 142: Data synthesis
Exhibits 143: 360 degree market analysis
Exhibits 144: List of abbreviations

Executive Summary

The following companies are recognized as the key players in the telecom market in mexico: America Movil SAB de CV, AT&T Inc., Axtel S.A.B. de C.V., Cablemas, Comcast Corp., Marcatel, MAXCOM Red de Mexico S.A. de C.V., MCM Telecom, Telefonica SA, Telenor Group, and Televisair.

Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is rising adoption of mobile financial services."

According to the report, one of the major drivers for this market is the advances in telecom technologies.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • America Movil SAB de CV
  • AT&T Inc.
  • Axtel S.A.B. de C.V.
  • Cablemas
  • Comcast Corp.
  • Marcatel
  • MAXCOM Red de Mexico S.A. de C.V.
  • MCM Telecom
  • Telefonica SA
  • Telenor Group
  • Televisair