Moderate-to-good retail volume and value (constant 2024 prices) growth is projected for mobile phones through the forecast period. While smartphones is expected to see a positive growth trajectory throughout to continue to dominate the category, feature phones is predicted to see a healthy rebound in the late forecast period.
Foldable smartphones, offered under brands like Samsung, Huawei and Oppo, are already available in Mexico. These devices offer flexible screens that can be folded to make a more compact phone or unfolded to function as a tablet.
Financial accessibility is set to remain an important factor for many consumers. Smartphones that offer a good balance of features and price, as well as flexible financing options, could appeal to a broad consumer base.
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Understand the latest market trends and future growth opportunities for the Mobile Phones industry in Mexico with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Mobile Phones industry in Mexico, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Mobile Phones
Any device capable of telecommunication over a cellular network of base stations. Mobile phones can come with functions including camera, video and internet access.
See All of Our DefinitionsThis report originates from Passport, our Mobile Phones research and analysis database.
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