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Mexico IoT in Aerospace Defence Market Size & Outlook, 2025-2033


Mexico IoT in Aerospace Defence Market Insights

  • Reed Intelligence analysis indicates that the Mexico IoT in Aerospace Defence Market size, valued at USD 262.02 Million in 2024, is expected to expand to USD 703.92 Million by 2033.
  • The Mexico market is forecasted to expand at a CAGR of 11.52% spanning 2025–2033.
  • Fleet Management held the leading position among Application segments in 2024, based on market size.
  • Predictive Maintenance is projected to post the fastest growth rate, sustaining its position as the most attractive Application segment during the forecast horizon.

Other Key Findings


  • Mexico accounted for 1.91% of the global IoT in Aerospace Defence Market size in 2024.
  • By 2033, United States is expected to remain the top global market in terms of size.
  • Within LATAM, Brazil is forecasted to dominate the regional IoT in Aerospace Defence Market size by 2033.
  • Argentina will be the fastest-growing market in LATAM, projected to achieve USD 236.37 Million by 2033.

Report Summary

Report Scope Details
Base Year for Study 2024
Study Period 2021-2033
Historical Period 2021-2023
Forecast Period 2025-2033
Market Size In 2024 USD 262.02 Million
Market Size In 2033 USD 703.92 Million
Largest segment Fleet Management
Units Revenue in USD Million
CAGR 11.52% (2025-2033)
Segmnetation Covered
Application
  1. Fleet Management
  2. Aircraft Maintenance
  3. Surveillance and Security
  4. Cargo Tracking
  5. Predictive Maintenance
Component
  1. Hardware
  2. Software
  3. Services
  4. Connectivity
Deployment Type
  1. On-Premises
  2. Cloud
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends

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