Mexico Iot Platform Market Size & Outlook, 2024-2030
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Mexico iot platform market highlights
- The Mexico iot platform market generated a revenue of USD 141.8 million in 2024 and is expected to reach USD 236.5 million by 2030.
- The Mexico market is expected to grow at a CAGR of 8.1% from 2025 to 2030.
- In terms of segment, platform was the largest revenue generating component in 2024.
- Services is the most lucrative component segment registering the fastest growth during the forecast period.
Iot platform market data book summary
| Market revenue in 2024 | USD 141.8 million |
| Market revenue in 2030 | USD 236.5 million |
| Growth rate | 8.1% (CAGR from 2025 to 2030) |
| Largest segment | Platform |
| Fastest growing segment | Services |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Platform, Services |
| Key market players worldwide | Microsoft Corp, Amazon Web Services, Google, Siemens AG, International Business Machines Corp, Cisco Systems Inc, Oracle Corp, PTC Inc, SAP SE ADR, Intel Corp |
Other key industry trends
- In terms of revenue, Mexico accounted for 1.1% of the global iot platform market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. iot platform market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 1,085.2 million by 2030.
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IoT Platform Market Scope
IoT Platform Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Amazon Web Services | View profile | 10001+ | Seattle, Washington, United States, North America | http://aws.amazon.com |
| View profile | 10001+ | Mountain View, California, United States, North America | https://www.google.com | |
| PTC Inc | View profile | 7231 | 121 Seaport Boulevard, Boston, MA, United States, 02210 | https://www.ptc.com |
| Cisco Systems Inc | View profile | 84900 | 170 West Tasman Drive, San Jose, CA, United States, 95134-1706 | https://www.cisco.com |
| Siemens AG | View profile | 321000 | Werner-von-Siemens-Strabe 1, Munich, BY, Germany, 80333 | https://www.siemens.com |
| SAP SE ADR | View profile | 107602 | Dietmar-Hopp-Allee 16, Walldorf, BW, Germany, 69190 | https://www.sap.com |
| Microsoft Corp | View profile | 221000 | One Microsoft Way, Redmond, WA, United States, 98052-6399 | https://www.microsoft.com |
| International Business Machines Corp | View profile | 282200 | One New Orchard Road, Armonk, NY, United States, 10504 | http://www.ibm.com |
| Intel Corp | View profile | 124800 | 2200 Mission College Boulevard, Santa Clara, CA, United States, 95054-1549 | https://www.intel.com |
| Oracle Corp | View profile | 164000 | 2300 Oracle Way, Austin, TX, United States, 78741 | https://www.oracle.com |
Mexico iot platform market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to iot platform market will help companies and investors design strategic landscapes.
Platform was the largest segment with a revenue share of 72.71% in 2024. Horizon Databook has segmented the Mexico iot platform market based on platform, services covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of Mexico iot platform market databook
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Our clientele includes a mix of iot platform market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Mexico iot platform market , including forecasts for subscribers. This country databook contains high-level insights into Mexico iot platform market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Mexico iot platform market size, by deployment, 2018-2030 (US$M)
Mexico IoT Platform Market Outlook Share, 2024 & 2030 (US$M)
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