The fixed investment in computer software in Mexico has exhibited notable fluctuations over the past decade. In 2023, the investment level was relatively stable at 25.77 units, showing a minor decline from the peak observed in 2021 at 25.9 units. Over the 2017-2022 period, the values fluctuated significantly, with a notable drop in 2018 and a strong rebound by 2020. The year-on-year variation indicates minor declines in the investment values through 2024 and beyond, with a projected Compound Annual Growth Rate (CAGR) of -0.1% over the next five years, depicting a relatively flat growth trajectory with slight yearly decreases.
The future trend to watch for includes:
- Technological advancements and their adoption rates in Mexico.
- Economic policies influencing software investments.
- Global economic conditions impacting local investments in technology.
- Business sector demands for digitization and software solutions.
