In 2024, data-only mobile broadband subscriptions in Mexico are forecasted at 1.3 subscriptions per hundred persons, up from a baseline of 1.22 in 2023. Year-on-year, this represents a 6.56% increase. In 2025, subscriptions are expected to rise to 1.38 per hundred persons, a year-on-year growth of 6.15%. For 2026, the number grows to 1.46, marking a 5.80% increase, followed by 1.54 in 2027, a 5.48% rise, and reaching 1.62 in 2028, reflecting a 5.19% increase. The CAGR for this period stands at approximately 5.83%.
Future trends to watch for include the impact of 5G rollouts, increased smartphone penetration, and growth in IoT devices, all of which are likely to drive more data-only subscriptions. Additionally, regulatory changes and competitive dynamics within Mexico's telecommunications sector will play crucial roles in shaping the market trajectory.
