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