Forecast: Value Added of ICT and Information Services in Mexico

The Value Added of ICT and Information Services in Mexico has exhibited varying growth rates over the past decade, with a notable peak in 2016 showing a year-on-year growth of 16.13%. After 2021, the growth rate gradually decelerated, marking only a 3.2% increase in 2023, reaching 30.15 billion Mexican Pesos. The forecasted average annual growth rate for the next five years (2.14%) suggests a more moderated expansion compared to the last decade.

Future trends to watch for:

- Continued digital transformation across industries.- Increased adoption of emerging technologies such as AI and IoT.- Potential regulatory changes impacting ICT services.

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