Mexico Telecom Services Market Size & Outlook, 2026-2030
Revenue, 2025 (US$M)
$0.0
Forecast, 2030 (US$M)
$0.0
CAGR, 2026 - 2030
-100%
Report Coverage
Mexico
Related Markets
Mexico telecom services market highlights
- The Mexico telecom services market generated a revenue of USD 24.8 billion in 2021 and is expected to reach USD 31.6 billion by 2028.
- The Mexico market is expected to grow at a CAGR of 3.5% from 2022 to 2028.
- In terms of segment, value-added services (vas) was the largest revenue generating service in 2021.
- Value-Added Services (VAS) is the most lucrative service segment registering the fastest growth during the forecast period.
Telecom services market data book summary
| Market revenue in 2021 | USD 24.8 billion |
| Market revenue in 2028 | USD 31.6 billion |
| Growth rate | 3.5% (CAGR from 2021 to 2028) |
| Largest segment | Value-added services (vas) |
| Fastest growing segment | Value-Added Services (VAS) |
| Historical data | 2017 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2028 |
| Quantitative units | Revenue in USD billion |
| Market segmentation | Basic Communication Services, Value-Added Services (VAS) |
| Key market players worldwide | AT&T, Verizon Communications Inc, Nippon Telegraph & Telephone Corp, China Mobile, Deutsche Telekom AG, SoftBank Group Corp, Telefonica SA, Vodafone Group PLC, KT Corp ADR, Reliance Inc, KDDI Corp, Orange SA, BT Group PLC, Comcast Corp Class A |
Other key industry trends
- In terms of revenue, Mexico accounted for 1.5% of the global telecom services market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
- In Latin America, Brazil telecom services market is projected to lead the regional market in terms of revenue in 2028.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 64.4 billion by 2028.
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Telecom Services Market Scope
Telecom services market segmentation & scope
Others
Telecom Services Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| China Mobile | View profile | 10001+ | Hong Kong, Hong Kong Island, Hong Kong, Asia | http://www.chinamobileltd.com |
| BT Group PLC | View profile | 97100 | 1 Braham Street, London, United Kingdom, E1 8EE | https://www.bt.com |
| KDDI Corp | View profile | 86331 | Garden Air Tower, 10-10, Iidabashi 3-chome, Chiyoda-ku, Tokyo, Japan, 102-8460 | http://www.kddi.com |
| KT Corp ADR | View profile | 19737 | 90 Bulljeong-ro (206 Jungja-dong), Bundang-gu, Gyeonggi-do, Seongnam-si, Korea, Republic of, 13606 | https://corp.kt.com |
| SoftBank Group Corp | View profile | 86023 | 1-9-1 Higashi-shimbashi, Minato-ku, Tokyo, Japan, 105-7303 | https://www.group.softbank |
| Nippon Telegraph & Telephone Corp | View profile | 381653 | 5-1, Otemachi 1-Chome, Otemachi First Square, East Tower, Chiyoda-Ku, Tokyo, Japan, 100-8116 | http://www.ntt.co.jp |
| Comcast Corp Class A | View profile | 186000 | One Comcast Center, Philadelphia, PA, United States, 19103-2838 | https://www.comcastcorporation.com |
| Telefonica SA | View profile | 104142 | Ronda de la Comunicacion, s/n, Central Building Auditorium, Floor 3, Telefonica District, Madrid, Spain, 28050 | https://www.telefonica.com |
| AT&T | View profile | 10001+ | Dallas, Texas, United States, North America | https://www.att.com |
| Vodafone Group PLC | View profile | 85225 | Vodafone House, The Connection, Newbury, Berkshire, United Kingdom, RG14 2FN | https://www.vodafone.com |
| Deutsche Telekom AG | View profile | 201251 | Friedrich-Ebert-Allee 140, Bonn, Germany, 53113 | https://www.telekom.com |
| Verizon Communications Inc | View profile | 105400 | 1095 Avenue of the Americas, New York, NY, United States, 10036 | https://www.verizon.com |
| Reliance Inc | View profile | 15500 | 16100 N. 71st Street, Suite 400, Scottsdale, AZ, United States, 85254 | https://www.reliance.com |
| Orange SA | View profile | 129500 | 111 Quai du President Roosevelt, Issy-les-Moulineaux, Paris, France, 92130 | https://www.orange.com/en |
Mexico Telecom Services Market Outlook Share, 2025 & 2030 (US$M)
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