Reports
Sale
Mexico Cyber Security Market Size, Share, Growth, Analysis: By Component: Solution, Services; By Deployment: Cloud, On-Premises, Others; By Security Type: Cloud Security, Application Security, Endpoint Security, Data Security, Network Security, Others; By Organisation Size; By End Use; Regional Analysis; Competitive Landscape; 2024-2032
Mexico Cyber Security Market Outlook
The Mexico cyber security market size reached USD 2.21 billion in 2023. The market is projected to grow at a CAGR of 8.0% between 2024 and 2032, reaching almost USD 4.50 billion by 2032.
Key Takeaways:
- Mexico is at the second highest risk of facing a failure of its IT systems globally, followed by only South Africa.
- 43% of cyberattacks against Mexican organisations have been successful in the past two years.
- 800 million cases of attempted cyberattacks cost $7.7 billion to the Mexican economy in 2022.
Rising incidences of cyberbullying, identity theft, content manipulation, and hate crime targeting youngsters aged 18-24 years old are driving the Mexico cyber security market growth. Though Mexico is the 6th most popular destination for generative AI development, 65% of Mexicans have inadequate knowledge of artificial intelligence-based tools. As online abuse and AI-based scams record an uptick, the market is expected to grow significantly over the forecast period.
The Global Cybersecurity Index 2020 ranked Mexico behind countries like Kenya and Morocco at the 52nd position out of 180 countries. The recent data leak from Mexico’s Secretary of National Defence in 2022 put sensitive information related to defence planning and the head of the state’s life at risk. It is expected that the Mexican government will allocate a higher share of resources to strengthen its cybersecurity measures over the forecast period, further driving the Mexico cyber security market expansion.
Cross-border collaboration with other countries is one of the key Mexico cyber security market trends. The dialogue organised under the Bicentennial Framework between the United States of America and Mexico in December 2022 led to a partnership between California-based Resecurity and Mexico-based Totalsec to ensure a stable cyberspace and promote the exchange of cyber threat intelligence between nations. This is further expected to accelerate the Mexico cyber security market development in the forecast period.
Market Segmentation
Mexico Cyber Security Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Component
- Solution
- Encryption
- Data Loss Prevention
- Unified Threat Management
- Firewall
- Antivirus/Antimalware
- Intrusion Detection Systems/Intrusion Prevention Systems
- Disaster Recovery
- Distributed Denial of Service Mitigation
- Web Filtering
- Others
- Services
- Professional Services
- Managed Security Services
Market Breakup by Deployment
- Cloud
- On-Premises
- Others
Market Breakup by Security Type
- Cloud Security
- Application Security
- Endpoint Security
- Data Security
- Network Security
- Infrastructure Protection
- Others
Market Breakup by Organisation Size
- Large Enterprises
- Small and Medium Enterprises
Market Breakup by End Use
- BFSI
- Government and Defence
- Energy and Utilities
- Healthcare
- IT and Telecom
- Manufacturing
- Retail
- Others
Market Breakup by Region
- Baja California
- Northern Mexico
- The Bajío
- Central Mexico
- Pacific Coast
- Yucatan Peninsula
The key Mexico cyber security market players are Cisco Systems, Inc, IBM Corporation, Intel Corporation, Cyber Ark Software Ltd, Dell Inc., CrowdStrike, Inc., Sophos Ltd., Palo Alto Networks, Inc., Fortinet, Inc., and Trend Micro Incorporated, among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Component |
|
| Breakup by Deployment |
|
| Breakup by Security Type |
|
| Breakup by Organisation Size |
|
| Breakup by End Use |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Market Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Global Cyber Security Market Overview
8.1 Key Industry Highlights
8.2 Global Cyber Security Historical Market (2018-2023)
8.3 Global Cyber Security Market Forecast (2024-2032)
8.4 Global Cyber Security Market Share by Region
8.4.1 North America
8.4.2 Europe
8.4.3 Asia Pacific
8.4.4 Latin America
8.4.5 Middle East and Africa
9 Mexico Cyber Security Market Overview
9.1 Key Industry Highlights
9.2 Mexico Cyber Security Historical Market (2018-2023)
9.3 Mexico Cyber Security Market Forecast (2024-2032)
10 Mexico Cyber Security Market by Component
10.1 Solution
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.1.3 Breakup by Type
10.1.3.1 Encryption
10.1.3.2 Data Loss Prevention
10.1.3.3 Unified Threat Management
10.1.3.4 Firewall
10.1.3.5 Antivirus/Antimalware
10.1.3.6 Intrusion Detection Systems/Intrusion Prevention Systems
10.1.3.7 Disaster Recovery
10.1.3.8 Distributed Denial of Service Mitigation
10.1.3.9 Web Filtering
10.1.3.10 Others
10.2 Services
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.2.3 Breakup by Type
10.2.3.1 Professional Services
10.2.3.2 Managed Security Services
11 Mexico Cyber Security Market by Deployment
11.1 Cloud
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 On-Premises
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Others
12 Mexico Cyber Security Market by Security Type
12.1 Cloud Security
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Application Security
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Endpoint Security
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Data Security
12.4.1 Historical Trend (2018-2023)
12.4.2 Forecast Trend (2024-2032)
12.5 Network Security
12.5.1 Historical Trend (2018-2023)
12.5.2 Forecast Trend (2024-2032)
12.6 Infrastructure Protection
12.6.1 Historical Trend (2018-2023)
12.6.2 Forecast Trend (2024-2032)
12.7 Others
13 Mexico Cyber Security Market by Organisation Size
13.1 Large Enterprises
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 Small and Medium Enterprises
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
14 Mexico Cyber Security Market by End Use
14.1 BFSI
14.1.1 Historical Trend (2018-2023)
14.1.2 Forecast Trend (2024-2032)
14.2 Government and Defence
14.2.1 Historical Trend (2018-2023)
14.2.2 Forecast Trend (2024-2032)
14.3 Energy and Utilities
14.3.1 Historical Trend (2018-2023)
14.3.2 Forecast Trend (2024-2032)
14.4 Healthcare
14.4.1 Historical Trend (2018-2023)
14.4.2 Forecast Trend (2024-2032)
14.5 IT and Telecom
14.5.1 Historical Trend (2018-2023)
14.5.2 Forecast Trend (2024-2032)
14.6 Manufacturing
14.6.1 Historical Trend (2018-2023)
14.6.2 Forecast Trend (2024-2032)
14.7 Retail
14.7.1 Historical Trend (2018-2023)
14.7.2 Forecast Trend (2024-2032)
14.8 Others
15 Mexico Cyber Security Market by Region
15.1 Baja California
15.1.1 Historical Trend (2018-2023)
15.1.2 Forecast Trend (2024-2032)
15.2 Northern Mexico
15.2.1 Historical Trend (2018-2023)
15.2.2 Forecast Trend (2024-2032)
15.3 The Bajío
15.3.1 Historical Trend (2018-2023)
15.3.2 Forecast Trend (2024-2032)
15.4 Central Mexico
15.4.1 Historical Trend (2018-2023)
15.4.2 Forecast Trend (2024-2032)
15.5 Pacific Coast
15.5.1 Historical Trend (2018-2023)
15.5.2 Forecast Trend (2024-2032)
15.6 Yucatan Peninsula
15.6.1 Historical Trend (2018-2023)
15.6.2 Forecast Trend (2024-2032)
16 Market Dynamics
16.1 SWOT Analysis
16.1.1 Strengths
16.1.2 Weaknesses
16.1.3 Opportunities
16.1.4 Threats
16.2 Porter’s Five Forces Analysis
16.2.1 Supplier’s Power
16.2.2 Buyers Powers
16.2.3 Threat of New Entrants
16.2.4 Degree of Rivalry
16.2.5 Threat of Substitutes
16.3 Key Indicators for Demand
16.4 Key Indicators for Price
17 Competitive Landscape
17.1 Market Structure
17.2 Company Profiles
17.2.1 Cisco Systems, Inc
17.2.1.1 Company Overview
17.2.1.2 Product Portfolio
17.2.1.3 Demographic Reach and Achievements
17.2.1.4 Certifications
17.2.2 IBM Corporation
17.2.2.1 Company Overview
17.2.2.2 Product Portfolio
17.2.2.3 Demographic Reach and Achievements
17.2.2.4 Certifications
17.2.3 Intel Corporation
17.2.3.1 Company Overview
17.2.3.2 Product Portfolio
17.2.3.3 Demographic Reach and Achievements
17.2.3.4 Certifications
17.2.4 Cyber Ark Software Ltd
17.2.4.1 Company Overview
17.2.4.2 Product Portfolio
17.2.4.3 Demographic Reach and Achievements
17.2.4.4 Certifications
17.2.5 Dell Inc.
17.2.5.1 Company Overview
17.2.5.2 Product Portfolio
17.2.5.3 Demographic Reach and Achievements
17.2.5.4 Certifications
17.2.6 CrowdStrike, Inc.
17.2.6.1 Company Overview
17.2.6.2 Product Portfolio
17.2.6.3 Demographic Reach and Achievements
17.2.6.4 Certifications
17.2.7 Sophos Ltd.
17.2.7.1 Company Overview
17.2.7.2 Product Portfolio
17.2.7.3 Demographic Reach and Achievements
17.2.7.4 Certifications
17.2.8 Palo Alto Networks, Inc.
17.2.8.1 Company Overview
17.2.8.2 Product Portfolio
17.2.8.3 Demographic Reach and Achievements
17.2.8.4 Certifications
17.2.9 Fortinet, Inc.
17.2.9.1 Company Overview
17.2.9.2 Product Portfolio
17.2.9.3 Demographic Reach and Achievements
17.2.9.4 Certifications
17.2.10 Trend Micro Incorporated
17.2.10.1 Company Overview
17.2.10.2 Product Portfolio
17.2.10.3 Demographic Reach and Achievements
17.2.10.4 Certifications
17.2.11 Others
18 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Cyber Security Market: Key Industry Highlights, 2018 and 2032
2. Mexico Cyber Security Market: Key Industry Highlights, 2018 and 2032
3. Mexico Cyber Security Historical Market: Breakup by Component (USD Million), 2018-2023
4. Mexico Cyber Security Market Forecast: Breakup by Component (USD Million), 2024-2032
5. Mexico Cyber Security Historical Market: Breakup by Deployment (USD Million), 2018-2023
6. Mexico Cyber Security Market Forecast: Breakup by Deployment (USD Million), 2024-2032
7. Mexico Cyber Security Historical Market: Breakup by Security Type (USD Million), 2018-2023
8. Mexico Cyber Security Market Forecast: Breakup by Security Type (USD Million), 2024-2032
9. Mexico Cyber Security Historical Market: Breakup by Organisation Size (USD Million), 2018-2023
10. Mexico Cyber Security Market Forecast: Breakup by Organisation Size (USD Million), 2024-2032
11. Mexico Cyber Security Historical Market: Breakup by End Use (USD Million), 2018-2023
12. Mexico Cyber Security Market Forecast: Breakup by End Use (USD Million), 2024-2032
13. Mexico Cyber Security Historical Market: Breakup by Region (USD Million), 2018-2023
14. Mexico Cyber Security Market Forecast: Breakup by Region (USD Million), 2024-2032
15. Mexico Cyber Security Market Structure
Key Questions Answered in the Report
The market was valued at nearly USD 2.21 billion in 2023.
The market is projected to grow at a CAGR of 8.0% between 2024 and 2032.
The market is assessed to witness a healthy growth in the forecast period to reach around USD 4.50 billion in 2032.
The different components in the market include solution and services.
The different organisation sizes in the market include large enterprises and small and medium enterprises.
The different segments considered in the market report are cloud and on-premises, among others.
The major regions in the market include Baja California, Northern Mexico, The Bajío, Central Mexico, Pacific Coast, and Yucatan Peninsula.
The key market players are Cisco Systems, Inc, IBM Corporation, Intel Corporation, Cyber Ark Software Ltd, Dell Inc., CrowdStrike, Inc., Sophos Ltd., Palo Alto Networks, Inc., Fortinet, Inc., and Trend Micro Incorporated, among others.
Purchase Options 10% off
Call us
Purchase Full Report
Mini Report
$ 2199
$1999
-
Selected Sections, One User
-
Printing Not Allowed
-
Email Delivery in PDF
-
Free Limited Customisation -
Post Sales Analyst Support -
50% Discount on Next Update
Single User License
$ 3299
$2999
-
All Sections, One User
-
One Print Allowed
-
Email Delivery in PDF
-
Free Limited Customisation -
Post Sales Analyst Support -
50% Discount on Next Update
Five User License
$ 4399
$3999
-
All Sections, Five Users
-
Five Prints Allowed
-
Email Delivery in PDF
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Corporate License
$ 5499
$4999
-
All Sections, Unlimited Users
-
Unlimited Prints Allowed
-
Email Delivery in PDF + Excel
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Any Question? Speak With An Analyst
View A Sample
Did You Miss Anything, Ask Now
Why Expert Market Research?
Right People
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
Right Methodology
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
Right Price
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Right Support
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.
NEWSLETTER