Mexico’s digital economy is expanding rapidly, with strong growth in telecom, IT services and outsourcing—yet still trails regional leaders in digital infrastructure and AI readiness.
- Mexico’s telecom and broadcasting sectors grew by 6.8% in 2023, while FDI reached $169.1 million by June 2024—equivalent to 1.5% of national inflows. || Source: Mexico Projects Hub
- Moreover, in 2024, Mexico’s digital economy generated $60B in revenue, led by IT services, e-commerce, and payments, and is projected to reach 10% of GDP by 2028. || Source: Mordor Intelligence
+ With a telecom market valued at $81 billion, the country ranks second in Latin America after Brazil, with ICT growth projected to reach a 10.6% CAGR over 2025–2030. - Also, IT services are projected to generate $16.2 billion in revenue in 2025, with IT outsourcing leading the market at an expected $6.1 billion. || Source: Statista
+ In 2023, Mexico scored 0.13 on the digital infrastructure index, below the North American average of 0.18; its AI readiness stood at 0.53, compared to 0.74 regionally and 0.77 in the U.S. || Source: IMF
