Mobile Phones in Mexico
Summary
Mobile Phones in Mexico industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The mobile phones market includes mobile phone service revenues and average minutes of usage (MOU). Market values include revenues from mobile service providers and other members of the mobile service value chain for the provision of mobile telephony services, excluding revenues from the sale of devices. Market volumes cover prepaid and postpaid, which consist of prepaid average monthly MOU and postpaid average monthly MOU. Minutes of use are made up of the average of voice minutes used in mobile subscriptions, including both incoming and outgoing calls, but not including M2M/IoT voice services.
- The Mexican mobile phones market had total revenues of $13.6 billion in 2023, representing a compound annual growth rate (CAGR) of 7.3% between 2018 and 2023.
- Market consumption volumes declined with a negative CAGR of 5.6% between 2018 and 2023, to reach a total of 1,131.8 average MOU in 2023.
- Mexicans spend more than seven hours per day online, highlighting the importance of internet connectivity.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the mobile phones market in Mexico
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the mobile phones market in Mexico
- Leading company profiles reveal details of key mobile phones market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Mexico mobile phones market with five year forecasts
- What was the size of the Mexico mobile phones market by value in 2023?
- What will be the size of the Mexico mobile phones market in 2028?
- What factors are affecting the strength of competition in the Mexico mobile phones market?
- How has the market performed over the last five years?
- What are the main segments that make up Mexico's mobile phones market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Market volume
- 1.4. Market volume forecast
- 1.5. Category segmentation
- 1.6. Geography segmentation
- 1.7. Market rivalry
- 1.8. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 3.2. Market volume
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 5.2. Market volume forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What strategies do the leading players follow?
- 7.3. What are the strengths of the leading players?
- 8 Company Profiles
- 8.1. America Movil, SA DE C.V.
- 8.2. Telefonica Moviles Mexico S.A. de C.V. (Movistar)
- 8.3. AT&T Inc
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: Mexico mobile phones market value: $ billion, 2018-23
- Table 2: Mexico mobile phones market volume: Average MOU, 2018-23
- Table 3: Mexico mobile phones market category segmentation: % share, by volume, 2018-2023
- Table 4: Mexico mobile phones market category segmentation: Average MOU, 2018-2023
- Table 5: Mexico mobile phones market geography segmentation: $ billion, 2023
- Table 6: Mexico mobile phones market value forecast: $ billion, 2023-28
- Table 7: Mexico mobile phones market volume forecast: Average MOU, 2023-28
- Table 8: America Movil, SA DE C.V.: key facts
- Table 9: America Movil, SA DE C.V.: Annual Financial Ratios
- Table 10: America Movil, SA DE C.V.: Key Employees
- Table 11: America Movil, SA DE C.V.: Key Employees Continued
- Table 12: Telefonica Moviles Mexico S.A. de C.V. (Movistar): key facts
- Table 13: Telefonica Moviles Mexico S.A. de C.V. (Movistar): Key Employees
- Table 14: AT&T Inc: key facts
- Table 15: AT&T Inc: Annual Financial Ratios
- Table 16: AT&T Inc: Key Employees
- Table 17: Mexico size of population (million), 2019-23
- Table 18: Mexico real gdp (constant 2010 prices, $ billion), 2019-23
- Table 19: Mexico gdp (current prices, $ billion), 2019-23
- Table 20: Mexico inflation, 2019-23
- Table 21: Mexico consumer price index (absolute), 2019-23
- Table 22: Mexico exchange rate, 2018-23
- List of Figures
- Figure 1: Mexico mobile phones market value: $ billion, 2018-23
- Figure 2: Mexico mobile phones market volume: Average MOU, 2018-23
- Figure 3: Mexico mobile phones market category segmentation: Average MOU, 2018-2023
- Figure 4: Mexico mobile phones market geography segmentation: % share, by value, 2023
- Figure 5: Mexico mobile phones market value forecast: $ billion, 2023-28
- Figure 6: Mexico mobile phones market volume forecast: Average MOU, 2023-28
- Figure 7: Forces driving competition in the mobile phones market in Mexico, 2023
- Figure 8: Drivers of buyer power in the mobile phones market in Mexico, 2023
- Figure 9: Drivers of supplier power in the mobile phones market in Mexico, 2023
- Figure 10: Factors influencing the likelihood of new entrants in the mobile phones market in Mexico, 2023
- Figure 11: Factors influencing the threat of substitutes in the mobile phones market in Mexico, 2023
- Figure 12: Drivers of degree of rivalry in the mobile phones market in Mexico, 2023
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