Mexico Mobile Encryption Market Size & Outlook, 2023-2030

The mobile encryption market in Mexico is expected to reach a projected revenue of US$ 563.3 million by 2030. A compound annual growth rate of 27.3% is expected of Mexico mobile encryption market from 2024 to 2030.
Revenue, 2023 (US$M)
$104.2
Forecast, 2030 (US$M)
$563.3
CAGR, 2024 - 2030
27.3%
Report Coverage
Mexico

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Mexico mobile encryption market, 2018-2030 (US$M)

Mexico mobile encryption market, 2018-2030 (US$M)

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Mexico mobile encryption market highlights

  • The Mexico mobile encryption market generated a revenue of USD 104.2 million in 2023 and is expected to reach USD 563.3 million by 2030.
  • The Mexico market is expected to grow at a CAGR of 27.3% from 2024 to 2030.
  • In terms of segment, software was the largest revenue generating solution in 2023.
  • Services is the most lucrative solution segment registering the fastest growth during the forecast period.

Mobile encryption market data book summary

Market revenue in 2023USD 104.2 million
Market revenue in 2030USD 563.3 million
Growth rate27.3% (CAGR from 2023 to 2030)
Largest segmentSoftware
Fastest growing segmentServices
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationServices, Software
Key market players worldwideBlackBerry Ltd, Broadcom Inc, McAfee, International Business Machines Corp, Thales Group, Cisco Systems Inc, Microsoft Corp, Lookout, Cellebrite DI Ltd, Sophos, Amazon.com Inc

Other key industry trends

  • In terms of revenue, Mexico accounted for 3.1% of the global mobile encryption market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Latin America, Brazil mobile encryption market is projected to lead the regional market in terms of revenue in 2030.
  • Mexico is the fastest growing regional market in Latin America and is projected to reach USD 563.3 million by 2030.

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Mobile Encryption Market Companies

Name Profile # Employees HQ Website
Cellebrite DI Ltd View profile 1008 94 Shlomo Shmelzer Road, P.O. Box 3925, Petah Tikva, Israel, 4970602 https://www.cellebrite.com
McAfee View profile 5001-10000 Santa Clara, California, United States, North America http://www.mcafee.com
Lookout View profile 501-1000 San Francisco, California, United States, North America http://www.lookout.com
BlackBerry Ltd View profile 6200 2200 University Avenue East, Waterloo, ON, Canada, N2K 0A7 https://www.blackberry.com
Thales Group View profile 10001+ Paris, Ile-de-France, France, Europe http://www.thalesgroup.com
Sophos View profile 1001-5000 Abingdon, Oxfordshire, United Kingdom, Europe http://www.sophos.com
Cisco Systems Inc View profile 84900 170 West Tasman Drive, San Jose, CA, United States, 95134-1706 https://www.cisco.com
Broadcom Inc View profile 20000 3421 Hillview Avenue, Palo Alto, CA, United States, 94304 https://www.broadcom.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
Amazon.com Inc View profile 1525000 410 Terry Avenue North, Seattle, WA, United States, 98109-5210 https://www.amazon.com

Mexico mobile encryption 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 mobile encryption market will help companies and investors design strategic landscapes.


Software was the largest segment with a revenue share of 63.34% in 2023. Horizon Databook has segmented the Mexico mobile encryption market based on services, software covering the revenue growth of each sub-segment from 2018 to 2030.


  • Mexico Mobile Encryption Solution Outlook (Revenue, USD Million, 2018-2030)
    • Services
    • Software
  • Mexico Mobile Encryption Deployment Outlook (Revenue, USD Million, 2018-2030)
    • Cloud
    • On-premise
  • Mexico Mobile Encryption Enterprise Size Outlook (Revenue, USD Million, 2018-2030)
    • Small and medium-sized enterprises
    • Large enterprises
  • Mexico Mobile Encryption Vertical Outlook (Revenue, USD Million, 2018-2030)
    • BFSI
    • Telecom and IT
    • Retail
    • Healthcare
    • Education
    • Transportation and Logistics
    • Manufacturing
    • Government
    • Others

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Target buyers of Mexico mobile encryption market databook

  • Our clientele includes a mix of mobile encryption market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • 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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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico mobile encryption market , including forecasts for subscribers. This country databook contains high-level insights into Mexico mobile encryption market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Mexico mobile encryption market size, by solution, 2018-2030 (US$M)

Mexico Mobile Encryption Market Outlook Share, 2023 & 2030 (US$M)

Mexico mobile encryption market size, by solution, 2018-2030 (US$M)

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