Network Infrastructure - Mexico

Mexico

Revenue in the Network Infrastructure market is projected to reach US$2.71bn in 2024.
Service Provider Network Infrastructure dominates the market with a projected market volume of US$2.01bn in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 3.70%, resulting in a market volume of US$3.25bn by 2029.
The average Spend per Employee in the Network Infrastructure market is projected to reach US$45.12 in 2024.
In global comparison, most revenue will be generated in China (US$63,560m in 2024).

Key regions: India, China, Brazil, Indonesia, Japan

Definition:

The Network Infrastructure market focuses on hardware resources essential for service provider and enterprise networks. This market specifically focuses on solutions designed for the complex networking requirements of businesses and organizations, setting aside options like consumer-grade networking hardware products such as basic WIFI routers and network switches. These network infrastructure components are crucial in environments where reliable and secure connectivity, as well as efficient network operations, are paramount, establishing them as a fundamental part of the IT infrastructure in various industries.

Structure:

The Network Infrastructure market is structured in two markets based on the services model provided by the companies.

Service Provider Network Infrastructure covers the hardware resources of telecommunication service companies that enable wired and wireless network connectivity and communication to transfer voice and data.
Enterprise Network Infrastructure covers the hardware resources that enable wired and wireless network connectivity, communication, operations, and management of enterprises.

Additional Information:

The Network Infrastructure market includes revenue, revenue change, average spend per employee, and key player market shares as key performance indicators. Only revenues that are generated by primary vendors at the manufacturer price level either directly or through distribution channels (excluding value-added tax) are included, and revenues generated by resellers are excluded. Revenues are generated through both online and offline sales channels and include spending by consumers (B2C), enterprises (B2B) as well as governments (B2G). Detailed definitions of each market can be found on the respective page where the market data is displayed.

Key players in the Network Infrastructure market include companies such as Huawei, HPE, Cisco, and Ericsson.

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Market

Region

Region comparison

Currency

Analyst Opinion

The Network Infrastructure market in Mexico is experiencing significant growth driven by several key factors.

Customer preferences: Customers in Mexico are increasingly demanding faster and more reliable network infrastructure to support their digital activities. With the rise of e-commerce, online streaming, and remote work, there is a growing need for robust network solutions that can handle high volumes of data traffic without interruptions.

Trends in the market: One of the notable trends in the Network Infrastructure market in Mexico is the increasing adoption of 5G technology. As mobile data consumption continues to surge, telecom companies are investing in upgrading their networks to 5G to provide customers with faster connection speeds and lower latency. This trend is reshaping the telecommunications landscape in Mexico and paving the way for new opportunities in areas such as Internet of Things (IoT) and smart cities.

Local special circumstances: Mexico's geographical landscape presents unique challenges for network infrastructure development. The country's diverse terrain, which includes mountains, deserts, and jungles, can make it difficult to deploy traditional network infrastructure. As a result, companies are exploring innovative solutions such as satellite technology and aerial drones to expand network coverage to remote and underserved areas.

Underlying macroeconomic factors: The growing digital economy in Mexico is driving investments in network infrastructure. As more businesses shift towards online operations and cloud-based services, there is a heightened demand for scalable and secure network solutions. Additionally, government initiatives to improve broadband connectivity across the country are further fueling the expansion of the Network Infrastructure market in Mexico.

Methodology

Data coverage:

The data encompasses B2B enterprises. Figures are based on hardware-related expenses of businesses for setting up and maintaining an IT infrastructure.

Modeling approach / Market size:

Market sizes are determined through a top-down approach, building on a specific rationale for each market segment. As a basis for evaluating markets, we use annual financial reports and national statistical offices. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP and level of digitization. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques, such as exponential trend smoothing and the S-curve function, is based on the behavior of the relevant market.

Additional notes:

The data is modeled using current exchange rates. The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war is considered at a country-specific level.