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Published on : Apr 25, 2016

ALBANY, New York, April 25, 2016: The research report analyzes the history of the telecom services market in Mexico and maps its trajectory for the near future, keeping in mind the current market situation. The research report includes tools such as a SWOT analysis to highlight the strengths, weaknesses, opportunities, and threats impacting the segments of the telecom services market of Mexico and the Porter’s Five Forces analysis model to bring out the bargaining power of customers, the threat of substitute products or services, the intensity of competitive rivalry, the threat of new entrants, and the bargaining power of suppliers. The document also contains a political, legal, environmental, economic, and social perspective of the industry to help the readers get a 360-degree view of the market.

According to the research report, the telecom services market in Mexico was valued at US$21.5bn in 2015, which is 1.9% of its GDP that year. All through 2020, this market is anticipated to surge at a CAGR of 4.3% to reach a whopping figure of US$26.5 bn, winning the label of the fastest-growing market in Latin America. The Mexico telecom services market faces a dilemma of balancing the influx of new players with the ongoing consolidation of existing ones, both of which are likely to bring down the prices but improve the geographical coverage by increasing penetration levels. Between 2016 and 2020, pay-TV and fixed broadband Internet are likely to be prime growth drivers for this market. 

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The research report analyzes the history of the telecom services market in Mexico and maps its trajectory for the near future, keeping in mind the current market situation. The research report includes tools such as a SWOT analysis to highlight the strengths, weaknesses, opportunities, and threats impacting the segments of the telecom services market of Mexico and the Porter’s Five Forces analysis model to bring out the bargaining power of customers, the threat of substitute products or services, the intensity of competitive rivalry, the threat of new entrants, and the bargaining power of suppliers. The document also contains a political, legal, environmental, economic, and social perspective of the industry to help the readers get a 360-degree view of the market.

According to the research report, the telecom services market in Mexico was valued at US$21.5bn in 2015, which is 1.9% of its GDP that year. All through 2020, this market is anticipated to surge at a CAGR of 4.3% to reach a whopping figure of US$26.5 bn, winning the label of the fastest-growing market in Latin America. The Mexico telecom services market faces a dilemma of balancing the influx of new players with the ongoing consolidation of existing ones, both of which are likely to bring down the prices but improve the geographical coverage by increasing penetration levels. Between 2016 and 2020, pay-TV and fixed broadband Internet are likely to be prime growth drivers for this market. 

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