Forecast: Value Added of Computer Programming, Consultancy in Mexico

The value added of computer programming and consultancy in Mexico has demonstrated steady growth from 2013 to 2023, where it stood at 25.94 billion Mexican Pesos. Delivering a remarkable CAGR of 9.94% in 2016, the sector has seen volatility in growth rates; for instance, 2018 witnessed a meager 3.17% increase, while 2020 saw a robust 9.35% rise. The most recently observed changes for 2022 and 2023 were 3.68% and 3.48%, respectively. Despite declines in some years, the average variation per year over the last five years (CAGR) is 3.77%, illustrating stable upward momentum.

Future trends to watch for include:

  • Continued digital transformation driving demand for IT consultancy services.
  • Expansion of cloud computing and cybersecurity services.
  • Potential economic conditions that might impact funding for technological projects.
  • Mexico's increasing participation in the global tech market.
  • Dependency on the regulatory landscape affecting tech industry operations.

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