Low commodity prices, plunging currencies, and stock market sell-offs across emerging markets have hit Latin America particularly hard this year. However, despite these forewarnings of economic stress, Mexico's economy is growing, with the coun ..."
BMI View: We moderated the growth outlook for Mexican IT spending in the Q416 update in response to a
softer economic forecast. However, we maintain a broad positive assessment of the market. We forecast IT
spending will increase at a CAGR of 7.5% throughout 2016-2020 ..."
BMI View: 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 ..."
Latest Updates & Industry Developments
? Computer Hardware Sales: will increase from MXN117.8bn in 2016 to MXN150.0bn in 2020 at a
compound annual growth rate (CAGR) of 6.1%. Household income growth will underpin a robust
expansion of the PC market in value and ..."
BMI View: Mexican IT spending growth has been limited in recent years by economic challenges, but we
expect the market to move to a higher spending growth trajectory from 2016 as the economic backdrop
becomes more supportive, including peso appreciation against the US ..."
BMI View: Just as in the telecommunications industry and the overall economy, we expect spending on IT
to pick up significantly in 2015. Growth will be driven by increasing telecoms services penetration, such as
the internet through smartphones, as well as stronger pr ..."
BMI View: We expect Mexican IT spending growth to accelerate in 2015 as the economic environment
strengthens - with our in-house Country Risk team holding a positive outlook for private consumption and
enterprise confidence. Our bullish outlook extends over the medium ..."
BMI View: We expect Mexican IT spending growth to accelerate in 2015 as the economy strengthens with a
positive outlook for private consumption and enterprise confidence. Our bullish outlook extends over the
medium term as we expect a convergence of income growth, dec ..."
BMI View: We have a bullish outlook for IT sector development in Mexico over the medium term due to a
convergence of income growth, declining device prices, a supportive policy environment and the
development of a local IT ecosystem. There have been several improvemen ..."
IT can be defined as an integrated platform to manage information that consists of hardware, software, and services. In an organization, IT departments are responsible for storing, safeguarding, processing, transmitting, and retrieving information. Mexico has become one of the mo ..."