Daniel Slotta
Research expert covering Greater China
Consumer electronics in Mexico - statistics & facts
Nowadays, it is hard to think about a life without 鈥渃onsumer electronics,鈥 namely, electronic devices that are purchased by users for daily and personal purposes. Driven by the ever-growing adoption of innovative technologies such as smartphones, tablets, and smart home devices, Mexico鈥檚 consumer electronics market has had a steady development over recent years, with sales volume expected to reach over 163 million units in 2024. That same year, Mexico鈥檚 consumer electronics sales revenue is forecast to exceed 17 billion U.S. dollars and increase by an additional two billion U.S. dollars by 2029. The telephony segment was forecast to generate the largest revenue in 2024, reaching over eight billion U.S. dollars, a trend expected to continue in the coming years.
