INSIGHT MEXICO 1 MIN READ

Mexico | Digital Skills

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Mexico’s digital skills landscape is surging, with an estimated 700,000 developers, rising tech salaries, major AI investments, and Mexico City now leading Latin America in digital talent and graduate output.

  • In 2024, Mexico City became Latin America’s top digital talent hub, with nearly 300,000 specialists—outpacing São Paulo by 25%. || Source: Rio Times
    + Moreover, in 2023, Mexico City produced 24,050 tech graduates—50% more than São Paulo—while tech salaries rose 42% over five years, outpacing Latin America’s 36% and the U.S.’s 18%.
  • Nearshore software development drives Mexico’s IT growth, backed by 700,000 developers—2nd in LATAM and 4th globally in tech skills—and labor costs 40–60% lower than in the U.S.
    + Furthermore, the country’s AI potential is drawing global interest. Ascendion will invest $100 million in a Generative AI center in Monterrey, while Microsoft plans a $1.3 billion investment in AI and cloud infrastructure. || Source: Alcor
  • As of January 2025, Mexico had 93 million social media user identities—70.7% of the population—up by 2.8 million (+3%) since early 2024. || Source: Data Reportal