"Mexico Information Technology Report Q3 2016" Published

From: Fast Market Research, Inc.
Published: Thu May 26 2016

IT spending growth slowed in Mexico in 2013-2015 as weaker economic growth and then peso depreciation dragged on performance - but we have a stronger outlook for the economy and IT market over the medium term. We forecast IT spending will increase at a CAGR of 8.1% over 2016-2020, with even stronger growth in USD terms as a result of peso appreciation. Our bullish retail market outlook is based on a positive assessment of medium term household income trends while enterprise spending should accelerate as sentiment strengthens, and the outlook for cloud computing, enterprise applications, and outsourcing are especially bright .Latest Updates & Industry DevelopmentsComputer Hardware Sales: will increase from MXN117.9bn in 2016 to MXN150.2bn in 2020 at a compound annual growth rate (CAGR) of 6.2%. PC penetration rates point to first-time buyer opportunity while rising incomes should also alleviate price sensitivity in the mid-market and enable vendors to target higher margin sales.
Software Sales: will increase from MXN65.7bn in 2016 to MXN93.0bn in 2020 at a CAGR of 9.1%. We have a positive outlook for enterprise application spending among large enterprises and the wider availability of software-as-a-service should broaden adoption among SMEs.
IT Services Sales: will increase from MXN107.3bn in 2016 to MXN154.7bn in 2020 at a CAGR of 9.6%. Infrastructure cloud service growth is expected to outperform as telecoms infrastructure is upgraded and as competition strengthens in the wake of new regulations.

Full Report Details at
- http://www.fastmr.com/prod/1172854_mexico_information_technology.aspx?afid=302

The Mexico Information Technology Report features BMI Research's market assessment and independent forecasts covering personal computers and software; semi-conductors, memory chips, integrated circuits and general components; the internet and IT solutions. It analyses analyses regulatory changes (licensing, customs and intellectual property protection) and competitive landscapes comparing IT companies by products, sales, market share, investments, projects and expansion strategies.

BMI's Mexico Information Technology Report provides industry professionals and strategists, corporate analysts, IT associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on the IT industry in Mexico.

Key Benefits
Benchmark BMI's independent IT Industry forecasts for Mexico to test other views - a key input for successful budgetary and strategic business planning in the Mexican IT market.
Target business opportunities and risks in Mexico's IT sector through our reviews of latest industry trends, regulatory changes, and major deals, projects and investments in Mexico.
Assess the activities, strategy and market position of your competitors, partners and clients via our Company Profiles (inc. KPIs and latest activity).


BMI Industry View

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Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001

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