IT service exports rank fourth worldwide

- Tuesday, November 8, 2011

IT service exports rank fourth worldwide

Mexico is ranked fourth worldwide in IT service exports and is expected to reach the third spot by 2013, local paper El Universal reported, citing information from consultancy AT Kearney.

In addition, AT Kearney ranks Mexico as the sixth most attractive country in the world for provision of business processes and IT support services.

Mexico's positioning is attributed to the government, industry and academic sectors' joint efforts to jumpstart the IT industry's development in the country.

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But the country still has very low connectivity rates and levels of IT use, particularly in the SME sector and lower socioeconomic groups.

According to local ICT organization Amipci, Mexico currently has 35mn internet users, most of whom are between 12 and 24 years old and mainly surf the net for entertainment purposes.

Despite this scenario, local IT association Canieti's president, Santiago Gutiérrez, believes Mexico's IT industry will close this year with 14% growth, reaching US$16bn.

IT services exports are expected to reach US$4.2bn by the end of this year, placing Mexico in the top spot in Latin America and in fourth place globally, after India, the Philippines, and China.

According to AT Kearney, Mexico's IT services industry currently reports sales of over US$8bn and employs more than 300,000 people.

For the next few years, the clear challenge is increasing access to IT for all population sectors and strengthening local clusters in states such as Chiapas, Oaxaca, Durango and Nayarit.

Regarding exports, the challenge is diversifying the destination markets, mainly in Latin America, but without neglecting what has been achieved in Europe and Asia, where the country competes with Canada, Brazil, Romania and Hungary.