The production of computer programming and consultancy services in Mexico has shown a significant upward trend from 2013 to 2023, standing at 54.87 billion Mexican Pesos in 2023. This sector displayed notable fluctuations, such as a sharp decline in 2020 due to economic disruptions, followed by a robust recovery in 2021 with a 25.1% increase. Over the past five years, the sector has achieved an impressive compound annual growth rate (CAGR) of 3.72%.
From 2024 to 2028, forecasted data indicates a steady growth trajectory, with a predicted CAGR of 2.5%. Key trends to watch for include:
- Increasing demand for digital transformation and cloud-based services.
- Growth in cybersecurity and data analytics services.
- Impact of regulatory changes and trade policies on the technology sector.
