Mexico 5G Technology Market: Industry Analysis and Forecast (2024-2030)

  • The Mexico 5G Technology Market size was valued at USD 820 Million in 2023 and the total Mexico 5G Technology revenue is expected to grow at a CAGR of 24.1% from 2024 to 2030, reaching nearly USD 3717 Million.

  • Format : PDF | Report ID : SMR_1616

Mexico 5G Technology Market Overview-

A 5G Technology is a dedicated cellular network for a specific organization, offering improved security, lower latency, and greater reliability. Unlike public 5G, these networks are owned and operated by the deploying organization. The rising use of 5G Technology is boosting the US market, creating opportunities for technology vendors and network equipment providers. Also, businesses deploy private 5G to optimize operations and leverage benefits such as customization for specific needs, supporting IoT, smart city initiatives, and critical communications. The Mexico 5G Technology market is rapidly growing thanks to increased demand for faster data speeds and capacity.


Government support with substantial funding and significant investments from major players contribute to this growth. National coverage is limited, focused on major cities, with Telcel leading in operator coverage. Device availability is constrained, and the average download speed is around 130 Mbps. Major operators like Telcel are making substantial investments to increase their 5G networks.


The report analyses the Mexico 5G Technology market and covers trends, technological advancements, and potential disruptions that shape the market. It assesses market size, growth, economic factors, regulations, and commercial drivers. The competitive landscape is analyzed, highlighting differentiation among key operators and drawing on historical data, industry insights, and the report forecasts sector. The economic downturn prompted this analysis and revealed the Mexico 5G Technology industry's resilience challenges. The report aims to equip stakeholders with crucial, concise information for informed decision-making in this dynamic sector. The targeted audiences include People with Healthcare professionals, Secondary Audiences, Government agencies, policymakers, and pharmaceutical companies in the Mexico 5G Technology industry.

Mexico 5G Technology Market

Demand for High-Speed Connectivity to Drive the Mexico 5G Technology Market

The Mexico 5G Technology Market Transforming the connectivity landscape, the surge in demand for high-speed connectivity drives investments in 5G infrastructure, increasing networks and fostering job creation. Increased demand drives competition, sparking technological advancements for faster speeds and more efficient networks. Widespread 5G adoption unlocks innovative applications like AR/VR, autonomous vehicles, and smart cities. Improved connectivity improves productivity across sectors such as manufacturing, healthcare, and education. Consumers actively experience superior streaming, high-quality gaming, and faster downloads, elevating entertainment and media experiences.




National Connectivity Plan (PNC)

Increased private investment, faster network growth, and wider coverage in underserved areas.

Red Compartida (Shared Network)

Increased competition, bridged the digital divide, expanded Mexico 5G Technology market reach.

Regulatory Framework (IFT)

Enhanced competition, lower prices, better services, more innovation.

Innovation Funding (CONACYT)

New products and services, creation of high-skilled jobs, economic growth.


The deployment of the Mexico 5G Technology industry raises several concerns that need attention. The digital divide widens as the cost of 5G devices and data plans may exclude low-income communities, limiting their access to its benefits. Additionally, the increased energy consumption of 5G networks raises environmental and sustainability concerns. The growth of connectivity also introduces cybersecurity threats, necessitating robust measures for protection. Despite scientific evidence refuting health concerns related to radiofrequency radiation from 5G, unfounded worries persist. The improved data processing associated with 5G brings forth privacy issues, emphasizing the need for strong data protection regulations and ethical practices to address these challenges effectively.


The rising demand for high-speed connectivity propels the Mexico 5G Technology market, but potential negative impacts require attention. Responsible development, affordable access, robust cybersecurity, and data privacy regulations can harness 5G opportunities while mitigating risks for an inclusive digital future. Consideration of individual perspectives, ongoing research, and informed policy decisions are vital.


Mexico 5G Technology Market Segment Analysis

Based on Connectivity, the eMBB (Enhanced Mobile Broadband) segment held the largest market share of about 65% in the Mexico 5G Technology Market in 2023.  According to the STELLAR analysis, the segment is further expected to grow at a CAGR of 24.3% during the forecast period. It stands out as the dominant segment within the Mexico 5G Technology Market thanks to its rapid technological advancement and growing adoption of smart devices with data connectivity and integration.

Mexico 5G Technology Market1

The Mexico 5G Technology Market eMBB revolutionizes user experience with speeds up to 20 Gbps, facilitating seamless streaming, immersive gaming, and rapid downloads. Its accelerated uploads and downloads enhance productivity, particularly in remote work settings. The technology also catalyzes economic growth by creating jobs, stimulating Mexico 5G Technology industry investment, and bridging the digital divide in rural areas through improved connectivity.


The advent of the Mexico 5G Technology Market brings forth a range of challenges. The cost of 5G-compatible devices and data plans may deepen the digital divide, disproportionately affecting low-income communities. Additionally, the increasing energy consumption of 5G networks raises environmental and sustainability concerns. Growing connectivity also introduces new cybersecurity risks, necessitating robust measures. Despite scientific evidence debunking concerns, unfounded fears about radiofrequency radiation persist. Additionally, the increased data collection and processing associated with 5G gives rise to privacy issues, emphasizing the need for stringent data protection regulations to safeguard user privacy.


eMBB plays a pivotal role in early Mexico 5G Technology market development, benefiting consumers, businesses, and the economy. To ensure sustainable and equitable growth, addressing negative impacts requires investment in infrastructure, affordable access, robust cybersecurity, and responsible data practices. Ongoing research aims to mitigate impacts, emphasizing public awareness and informed policy decisions for a responsible 5G future.


Mexico 5G Technology Market Scope:

Mexico 5G Technology Market

Market Size in 2023

USD 820 Million

Market Size in 2030

USD 3717 Million

CAGR (2024-2030)

24.1 %

Historic Data


Base Year


Forecast Period


Segment Scope



By Connectivity

  • Enhanced Mobile Broadband (eMBB)
  • Ultra-Reliable Low Latency Communication (URLLC)
  • Massive Machine Type Communication (mMTC)


By Offering

  • Hardware
  • Software
  • Service


By Application

  • Connected Vehicles
  • Monitoring & Tracking
  • Automation
  • Smart Surveillance
  • VR & AR
  • Enhanced Video Services


By End-User

  • IT & Telcom Industry
  • Manufacturing
  • Automotive
  • Energy & Utilities
  • Transportation & Logistics
  • Healthcare
  • Media & entertainment


Leading Key Players in the Mexico 5G Technology Market

Frequently Asked Questions

Rising Cybersecurity Awareness is expected to be the major driver for the Mexico 5G Technology market.

1.    Mexico 5G Technology Market Introduction
1.1 Study Assumption and Market Definition
1.2 Scope of the Study
1.3 Executive Summary 
1.4 Emerging Technologies
1.5 Market Projections
1.6 Strategic Recommendations
2.    Mexico 5G Technology Market: Dynamics
2.1.1 Market Drivers
2.1.2 Market Restraints 
2.1.3 Market Opportunities
2.1.4 Market Challenges

2.2 PORTER’s Five Forces Analysis
2.3 PESTLE Analysis
2.4 Regulatory Landscape
2.5 Analysis of Government Schemes and Initiatives for the Mexico 5G Technology Industry
2.6 The Pandemic and Redefining of The Mexico 5G Technology Industry Landscape
3.    Mexico 5G Technology Market: Market Size and Forecast by Segmentation (Value) (2023-2030)
3.1 Mexico 5G Technology Market Size and Forecast, By Connectivity (2023-2030)
3.1.1 Enhanced Mobile Broadband (eMBB)
3.1.2 Ultra-Reliable Low Latency Communication (URLLC)
3.1.3 Massive Machine Type Communication (mMTC)

3.2 Mexico 5G Technology Market Size and Forecast, By Offering (2023-2030)
3.2.1 Hardware
3.2.2 Software
3.2.3 Service

3.3 Mexico 5G Technology Market Size and Forecast, By Application (2023-2030)
3.3.1 Connected Vehicles
3.3.2 Monitoring & Tracking
3.3.3 Automation
3.3.4 Smart Surveillance
3.3.5 VR & AR
3.3.6 Enhanced Video Services

3.4 Mexico 5G Technology Market Size and Forecast, By End-User (2023-2030)
3.4.1 IT & Telcom Industry
3.4.2 Manufacturing
3.4.3 Automotive
3.4.4 Energy & Utilities
3.4.5 Transportation & Logistics
3.4.6 Healthcare
3.4.7 Media & Entertainment

4.    Mexico 5G Technology Market: Competitive Landscape
4.1 STELLAR Competition Matrix
4.2 Competitive Landscape
4.3 Key Players Benchmarking
4.3.1 Company Name
4.3.2 Service Segment
4.3.3 End-user Segment 
4.3.4 Revenue (2023)
4.3.5 Company Locations

4.4 Leading Mexico 5G Technology Companies, by market capitalization
4.5 Market Structure
4.5.1 Market Leaders 
4.5.2 Market Followers
4.5.3 Emerging Players

4.6 Mergers and Acquisitions Details
5.    Company Profile: Key Players
5.1 Ericsson
5.1.1 Company Overview
5.1.2 Business Portfolio
5.1.3 Financial Overview
5.1.4 SWOT Analysis
5.1.5 Strategic Analysis
5.1.6 Scale of Operation (small, medium, and large)
5.1.7 Details on Partnership
5.1.8 Regulatory Accreditations and Certifications Received by Them
5.1.9 Awards Received by the Firm
5.1.10  Recent Developments

5.2 Telcel
5.3 AT&T México
5.4 Movistar México
5.5 Ericsson
5.6 Nokia
5.7 Huawei
5.8 Telmex (Grupo Carso)
6.    Key Findings
7.    Industry Recommendations
8.    Terms and Glossary
9.    Mexico 5G Technology Market: Research Methodology 

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