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Recently released market study: Mexico Information Technology Report Q1 2014

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2013-12-25 23:21:23 - New Computer Technology research report from Business Monitor International is now available from Fast Market Research

Mexico stands out as the second largest IT market in Latin America behind Brazil. Its proximity to the US is a huge advantage, ensuring consumers and businesses gain access to the latest services and products. We estimate the market passed MXN200bn in value in 2012 and will rise steadily to MXN260bn by 2017. Government projects aimed at getting more of the population online and providing e-government services will underpin market growth, while new developments such as cloud computing will provide strong growth impetus. The IT services segment will be supported by IT outsourcing demand from the US and key industries such as telecoms and financial services. Headline Expenditure Projections

* Computer hardware sales: MXN96.7bn in 2013 to MXN117.4bn in 2017,

increasing 21.4% over the period. Migrations to Windows 8 should provide a boost to hardware upgrades in the short term, while increased connectivity and lower internet prices will help spur demand.
* Software sales: Fastest growing segment of the market, increasing from MXN39.8bn in 2013 to MXN50.1bn in 2013, an increase of 25.9%. Downside risk to this outlook depends on the success in bringing down illegal software use, which at 63% is well above OECD levels.
* IT services sales: This will increase from 35.3% of the market to 35.6% between 2013-2017, rising to MXN92.7bn. Driving growth will be sectors such as government, telecoms and financial services.

Full Report Details at
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Risk/Rewards Ratings: Mexico's score is 49.8 out of 100.0. Mexico ranks fourth in the Americas region in our latest RRR table.

Key Trends And Developments

* Government efforts to reduce the digital divide are beginning to come to fruition. The government will remain a major spender in the IT market over our five-year forecast period 2013-2017, with initiatives to provide greater e-government services and support informatisation for enterprises. SMEs will increasingly push growth trends as companies use IT services and software to lower their costs and improve efficiency.
* Increased access to mobile data networks will change the nature of hardware sales and IT service usage. Greater connectivity for fixed and mobile devices will drive interest in cloud computing, with the service's advantages easier to appreciate as networks extend and improve to offer the speeds necessary for a move to the cloud.
* Cities such as Mexico City, Guadalajara and Monterrey are the key markets for IT hardware, but we believe states in the south east and pacific regions offer growth over the medium term. New financing to acquire devices will help extend the reach of networks, to encourage more Mexicans to acquire the devices to get online.
* A new bill signed into law by President Enrique Pena Nieto in June 2013 aims to limit the power of dominant operators in the telecoms sector. This will encourage competition in the broadband industry, currently dominated by Telmex, lowering prices and helping achieve the goal of universal online access. However, by October 2013, the new regulator Ifetel was reported to have made little progress in its goal of increasing competition.
* The launch of new tablets continues to drive growth in the computer hardware market. New launches in the fourth quarter of 2013 include the Philips 7, while the Nokia Lumia 2520 was poised for an imminent launch.
* In May 2013, Mexico's IT industry association, AMITI, published its 'Roadmap to 2025' ('Mapa de ruta 2025') for transforming Mexico via the use of IT. The study was part of AMITI's strategy to encourage the government to include information and communications technology (ICT) as an integral part of the National Development Plan (Plan Nacional de Desarollo; PND).

Report Table of Contents:

BMI Industry View
- Wireline SWOT
- Political
- Economic
- Business Environment
Industry Forecast
- Table: Mexico IT Industry - Historical Data And Forecasts (MXN mn)
- Broadband
- Table: Telecoms Sector, Internet, 2010-2017
Macroeconomic Forecasts
- Economic Activity
- Table: Mexico - Gdp By Expenditure, Real Growth %
Industry Risk Reward Ratings
- Table: Americas IT Risk/Reward Ratings, Q1 2014
Market Overview
- Hardware
- Software
- IT Services
Industry Trends And Developments
Regulatory Development
Competitive Landscape
- International Companies
- Table: IBM Mexico
- Table: SAP
- Local Companies
- Table: Kio Networks
- Table: Dextra Technologies
- Table: Microsip
Company Profile
- Softtek
- Sonda SA
Regional Overview
Demographic Forecast
- Demographic Outlook
- Table: Mexico's Population By Age Group, 1990-2020 ('000)
- Table: Mexico's Population By Age Group, 1990-2020 (% of total)
- Table: Mexico's Key Population Ratios, 1990-2020
- Table: Mexico's Rural And Urban Population, 1990-2020
- Industry Forecast Methodology
- Sources
- Risk Reward Rating Methodology
- Table: It Risk Reward Rating Indicators
- Table: Weighting Of Components

About Business Monitor International

Business Monitor International (BMI) offers a comprehensive range of products and services designed to help senior executives, analysts and researchers assess and better manage operating risks, and exploit business opportunities, across 175 markets. BMI offers three main areas of expertise: Country Risk BMI's country risk and macroeconomic forecast portfolio includes weekly financial market reports, monthly regional Monitors, and in-depth quarterly Business Forecast Reports. Industry Analysis BMI covers a total of 17 industry verticals through a portfolio of services, including in-depth quarterly Country Forecast Reports. View more research from Business Monitor International at

About Fast Market Research

Fast Market Research is an online aggregator and distributor of market research and business information. We represent the world's top research publishers and analysts and provide quick and easy access to the best competitive intelligence available.

For more information about these or related research reports, please visit our website at or call us at 1.800.844.8156.

Bill Thompson
Phone: 18008448156

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