Integrated Circuits - Mexico

  • Mexico
  • Revenue in the Integrated Circuits market is projected to reach US$34.81bn in 2024.
  • Revenue is expected to show an annual growth rate (CAGR 2024-2027) of 4.54%, resulting in a market volume of US$39.77bn by 2027.
  • In global comparison, most revenue will be generated in China (US$160.10bn in 2024).
Region comparison

Analyst Opinion

Integrated circuits contribute a large portion of revenue in the semiconductor market. Growing demand for consumer electronics and automotive electronics will drive the growth of integrated circuits. Following the advancements of the Taiwan Semiconductor Manufacturing Company (TSMC) in less than 5nm size technology nodes, the integrated circuits market will continue to grow in terms of revenue over the next decade despite the cyclical upturns and downturns.

China will continue to be the largest consumer of integrated circuits as large amounts of consumer electronics products along with parts of industrial and automotive electronics are currently located in the country. Recent efforts by the USA and European countries to improve the share of domestic manufacturing in these sectors would likely only affect this share in the second half of the decade.


Data coverage:

The data encompasses B2B, B2G, and B2C enterprises. Figures are based on the money spent at the manufacturer price level (excluding VAT).

Modeling approach / Market size:

Market sizes are determined through a top-down approach with a bottom-up validation, building on a specific rationale for each market. As a basis for evaluating markets, we use the annual financial reports of the market-leading companies and reports from our primary research. In addition, we use relevant key market indicators and data from country-specific associations. This data helps us estimate the market size for each country individually.


In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. The main drivers are the GDP and the level of digitization.

Additional notes:

The data is modeled using current exchange rates. The market is updated twice a year in case market dynamics change.


  • Revenue
  • Key Players
  • Analyst Opinion
  • Global Comparison
  • Methodology
  • Key Market Indicators
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