Mexico ICT Articles & Analysis

Chapter | ICT from The Report: Mexico 2019

Despite significant progress in recent years, Mexico’s ICT sector faces certain challenges. While the 2013 reforms opened the market up to competition and investment, legislation still needs to be improved so that Mexico can fully take advantage of opportunities in the digital economy. GSMA recommends Mexico build more municipal-level antennae, lower annual spectrum fees and incentivise...

In 2018 Mexico’s economy ranked second in Latin America and 15th in the world in terms of GDP, which totalled $1.22trn, according to the World Bank. In 2019 the newly elected President Andrés Manuel López Obrador has pushed ahead with efforts to meet his pledge to tackle corruption and implement austerity measures within the government, to reduce costs and curb excessive expenditures.

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As tech business grows more expensive in California’s Silicon Valley, some investors are looking to alternative markets for lower costs and ventures that promise growth. The tech ecosystems in Berlin and Barcelona are among the locations absorbing investment, while in Latin America Mexico City is competing for prominence among the region’s tech cities. Mexico City’s proximity...

More and more commercial transactions are moving online and the so-called digital economy continues to expand its reach into every facet of the traditional analogue economy. For businesses this means they have access to new channels to reach existing clients as well as new opportunities to expand market share with a competitive digital offering. For consumers the ever-...

To what extent are local conditions suitable to ensure Mexico’s ICT sector is globally competitive?

Since 2013 Mexico’s ICT sector has positioned itself for new investment opportunities on the back of constitutional reforms that sought to increase competition and reduce monopolistic behaviour in the market, especially when it came to telecommuications. At the beginning of the decade América Móvil, owned by Mexican billionaire Carlos Slim, dominated mobile telecoms, an...

In 2018 Mexico’s economy ranked second in Latin America and 15th in the world in terms of GDP, which totalled $1.22trn, according to the World Bank. In 2019 the newly elected President Andrés Manuel López Obrador has pushed ahead with efforts to meet his pledge to tackle corruption and implement austerity measures within the government, to reduce costs and curb excessive expenditures.

 

Mexico’s IT services and software sector reported a compound annual growth rate of 12% between 2010 and 2016, with its market value estimated at $11.3bn in 2016, according to ProMéxico, the country’s investment and export promotion agency. In 2017 Mexico placed 13th out of 65 countries in terms of the best locations to provide IT, business...