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Application Development Software - Mexico

Mexico
  • In Mexico, the revenue in the Application Development Software market is estimated to reach US$1.15bn in 2025.
  • It is projected to grow at an annual growth rate of 5.46% (CAGR 2025-2029), ultimately reaching a market volume of US$1.42bn by 2029.
  • When compared globally, United States is expected to generate the highest revenue in this market, with US$97.64bn in 2025.
  • Mexico is experiencing a surge in demand for application development software, as businesses across the country strive to digitize their operations and stay competitive in the market.

Definition:

The Application Development Software market covers software development tools used by developers to design, create, test, and deploy applications. These applications can be anything from mobile apps and web-based software to complex enterprise applications. Examples of software solutions in the Application Development Software market include a wide range of tools and technologies, such as integrated development environments (IDEs), code editors, compilers, debuggers, testing and deployment tools, and programming languages.

Products in the Application Development Software market can be obtained in two ways: as on-premises software that is sold via a transactional license or a subscription and as cloud-based software (software as a service/ SaaS) that is most frequently sold as a subscription.

Additional Information:

The Application Development Software market comprises revenue and revenue growth as the key performance indicators. Only the 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 the 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).

Key players in this market include Microsoft (Visual Studio), Eclipse, IntelliJ IDEA, NetBeans, and Xcode.

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In-Scope
  • Application development software, such as Simplifier, Salesforce Platform, and Microsoft Visual Studio
  • Application and infrastructure middleware, such as Oracle Fusion Middleware, IBM WebSphere Application Server, and Microsoft BizTalk Server
  • Data management software, such as AWS, SAP Master Data Governance, and SQL Server Integration Service
  • Application platforms, such as Zoho Creator, Quickbase, and Salesforce Platform
  • Platform as a service (PaaS), such as Microsoft Azura, Google Cloud, and Engine Yard
Out-Of-Scope
  • Collaboration software, such as Google, Slack, and Zoom
  • Business intelligence and analytic software, such as Tableau, Zoho Analytics, and IBM
  • Custom applications, such as Sphinx Solutions, CHI Software, and Intellectsoft
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Study Details

    Revenue

    Notes: Data was converted from local currencies using average exchange rates of the respective year.

    Most recent update: Sep 2024

    Source: Statista Market Insights

    Notes: The chart “Comparable Estimates” shows the forecasted development of the selected market from different sources. Please see the additional information for methodology and publication date.

    Most recent update: Jul 2024

    Notes: Data was converted from local currencies using average exchange rates of the respective year.

    Most recent update: Sep 2024

    Source: Statista Market Insights

    Key Players

    Most recent update: Mar 2024

    Source: Statista Market Insights

    Analyst Opinion

    Mexico is a rapidly developing country with a growing economy, which has led to a surge in demand for technology and software products. The Application Development Software market in Mexico is no exception, as it has seen significant growth in recent years.

    Customer preferences:
    Mexican businesses are increasingly turning to application development software to help them streamline their operations and improve their efficiency. This has led to a growing demand for software that can be customized to meet the specific needs of individual companies.

    Trends in the market:
    One of the key trends in the Application Development Software market in Mexico is the rise of cloud-based software. This type of software is becoming increasingly popular among Mexican businesses, as it offers a range of benefits including scalability, flexibility, and cost-effectiveness.Another trend in the market is the increasing use of mobile application development software. Mexican consumers are increasingly using mobile devices to access the internet, and businesses are responding by developing mobile applications to reach this growing audience.

    Local special circumstances:
    Mexico has a large and growing technology sector, which has helped to fuel the growth of the Application Development Software market. The country is home to a number of technology hubs, including Mexico City, Guadalajara, and Monterrey, which are attracting both domestic and international tech companies.

    Underlying macroeconomic factors:
    Mexico's economy is growing rapidly, and this is driving demand for technology products and services. The country's middle class is expanding, and this is creating new opportunities for businesses that offer software and technology solutions.In addition, the Mexican government has been taking steps to promote the growth of the technology sector. This includes investing in infrastructure, offering tax incentives to tech companies, and providing funding for research and development.Overall, the Application Development Software market in Mexico is poised for continued growth in the coming years. With a growing economy, a large and expanding technology sector, and a range of government incentives, the market is well-positioned to meet the needs of Mexican businesses and consumers alike.

    Global Comparison

    Notes: Data was converted from local currencies using average exchange rates of the respective year.

    Most recent update: Sep 2024

    Sources: Statista Market Insights, Financial Statements of Key Players, National statistical offices

    Methodology

    Data coverage:

    The data encompasses B2B, B2G, and B2C enterprises. Figures are based on the allocation to the country where the money was spent at manufacturer price level (excluding VAT).

    Modeling approach / Market size:

    The segment size is determined through a top-down approach. We use financial statements such as annual reports, quarterly earnings, and expert opinions to analyze the markets. To estimate the segment size for each country individually, we use relevant key market indicators and data from country-specific industry associations such as GDP, level of digitization, GDP sector composition, and observed level of software piracy.

    Forecasts:

    We use a variety of forecasting techniques, for instance, advanced statistical methods, depending on the behavior of the relevant segment. The main drivers are the GDP and the level of digitization.

    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 is considered at a country-specific level.

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    Key Market Indicators

    Notes: Based on data from IMF, World Bank, UN and Eurostat

    Most recent update: Jan 2025

    Source: Statista Market Insights

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