Mexico Cloud Computing Market Introduction
The cloud–based services model has revolutionized the entire IT industry in last one decade owing to dramatic adoption in SaaS based model and public cloud services. According to industry experts, around 80% of organizations in Mexico use cloud-based services either through private or hybrid cloud models. In Mexico, adoption of cloud computing is anticipated to grow due to rising IT spending by end user organizations from public and private sectors on migration towards cloud. Also, favourable government initiatives will result in contraction of entry barriers for cloud vendors in the country and lower the investment risk associated with technological obsolescence and changes.
Government agencies in Mexico are going digital and focused towards offering cloud-based e-government services which in turn is fuelling growth of the Mexico cloud computing market. Cloud computing is being largely considered as the next generation computing revolution across major end user verticals such as public sector, BFSI, healthcare, and retail sectors. This is likely to present new opportunities for cloud service providers in the country.
- Supportive government initiatives to adopt cloud services
- Growing adoption of cloud services among small and medium business
- Proliferation of connected devices and smartphones
- Growing internet penetration
- Legacy IT infrastructure
- Inefficient fibre optic network and connectivity infrastructure
- Threat associated with data privacy and security
Mexico cloud computing market scope includes different level of segments such as by service type, organization size, deployment model, and end user verticals.
By Service Type
- Infrastructure as a Service (IaaS)
- Platform as a Service (PaaS)
- Software as a Service (SaaS)
By Organization Size
- Small & Medium Enterprises
- Large Enterprises
By Deployment Model
- Private Cloud
- Public Cloud
- Hybrid Cloud
By End User Verticals
- IT & Telecom
- Media & Entertainment
- Energy & Utility
- Public Sector
- Other End User Verticals
Mexico Cloud Computing Market Competitive Landscape
The intensity of competition in Mexico cloud computing market is high at present with majority of the market share is captured by organized players. Key players offering cloud services in Mexico cloud computing industry are Microsoft Corporation, Amazon Web Services, IBM Corporation, Accenture, Oracle Corporation, SAP SE, Google Inc., Rackspace, Inc., Salesforce.com, Inc., Telefonica, TIVIT Technology, Dell EMC, VMware Inc., Kio Networks, and Hewlett Packard Company. Prominent cloud service providers are aiming at enhancing their existing cloud service portfolio and delivery models such as private and public cloud model to offer one stop solution to customers. Additionally, introduction of cloud service at highly competitive price is another major strategy followed by leading players in Mexico cloud computing market.
This research report on Mexico cloud computing market would be produced using first-hand market information gathered from industry experts and major participants across the value chain, during primary research. It would provide broad view of current market trends, growth factors and competitive analysis.