In 2023, household expenditure on communications in Mexico was 536.00 billion pesos. Forecasts indicate a consistent annual growth in this expenditure, reaching 658.37 billion pesos by 2028. The year-on-year variation suggests an average increase of approximately 4.40% from 2024 to 2025, 4.20% from 2025 to 2026, 4.00% from 2026 to 2027, and 3.80% from 2027 to 2028. The compound annual growth rate (CAGR) over the forecasted period is 4.10%, emphasizing a steady upward trend.

Future trends to watch:

Increasing digital transformation and adoption of new communication technologies.
Potential economic conditions influencing discretionary spending on communications.
Emerging regulatory changes affecting telecom service providers and pricing structures.
Growth in rural and underserved areas as connectivity improvements are implemented.