Mexico Cloud Storage Market Size, Share, In-Depth Analysis, Opportunity and Forecast 2025-2033

IMARC Group has recently released a new research study titled "Mexico Cloud Storage Market Size, Share, Trends and Forecast by Component, Deployment Type, User Type, Industry Vertical, and Region, 2025-2033" which offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios.

Market Overview

The Mexico cloud storage market size reached USD 1,763.85 Million in 2024 and is projected to grow to USD 6,902.89 Million by 2033, exhibiting a robust CAGR of 16.37% during 2025-2033. The market's expansion is driven by investments from global providers and regulatory demands.

Study Assumption Years

• Base Year: 2024
• Historical Year/Period: 2019-2024
• Forecast Year/Period: 2025-2033

Mexico Cloud Storage Market Key Takeaways

• Current Market Size: USD 1,763.85 Million (2024)
• CAGR: 16.37% (2025-2033)
• Forecast Period: 2025-2033
• The market is expected to reach USD 6,902.89 Million by 2033.
• Expansion of regional data centers and investments by companies like AWS and Oracle are enhancing local cloud capabilities.
• Regulatory requirements such as Mexico's Federal Law on the Protection of Personal Data Held by Private Parties are driving demand for localized, compliant storage solutions.
• Sectors such as BFSI, healthcare, and telecommunications are leading adopters of hybrid and compliant cloud solutions.
• Local partnerships, compliance features, and multi-cloud strategies impact competitive positioning in the Mexican cloud storage sector.

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Mexico Cloud Storage Market Growth Factors

One of the primary drivers for the Mexico cloud storage market is the expansion of cloud infrastructure and availability of services nationwide. As businesses across industries implement digital transformation strategies, there is a rising demand for secure, scalable storage. Notably, on January 14, 2025, AWS launched its Mexico (Central) Region, marking a USD 5 Billion investment over 15 years and projecting approximately USD 10 Billion contribution to Mexico's GDP. This region comprises three Availability Zones, offering enhanced latency, data residency, and disaster recovery, while creating over 7,000 full-time equivalent jobs annually and supporting community initiatives with a USD 300,000 AWS InCommunities Fund.

Another significant growth factor is the increasing regulatory focus on data protection and privacy. Backed by the Federal Law on the Protection of Personal Data Held by Private Parties, organizations are compelled to store and manage sensitive data using robust, compliant solutions. This is evident from Oracle's opening of its second cloud region in Mexico on September 26, 2023, through a partnership with TELMEX-Triara. Oracle became the first hyperscaler with two cloud regions in the country, facilitating business continuity and meeting sovereignty requirements with more than 100 OCI services that support advanced technologies, such as AI and machine learning.

The third key driver is the adoption of sector-specific and multi-cloud solutions tailored for regulatory, operational, and modernization needs. On March 24, 2025, MongoDB Atlas became available in Mexico via AWS, Google Cloud, and Microsoft Azure, enabling organizations to modernize applications while adhering to local data residency requirements. With over 35,000 developers in Mexico, MongoDB actively supports sectors including financial services, retail, and telecommunications, emphasizing cloud-native features like AI, search, and analytics to accelerate digital transformation and compliance.

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Mexico Cloud Storage Market Segmentation

Breakup by Component:

• Solution: Encompasses software and platforms for storing, managing, and securing digital data in the cloud.
• Services: Refers to consulting, support, and management services tailored to cloud storage infrastructure and operations needs.

Breakup by Deployment Type:

• Private: Dedicated cloud storage infrastructure for specific organizations, enhancing control and security.
• Public: Multi-tenant storage solutions provided and managed by third-party cloud vendors for broader access and scalability.
• Hybrid: Integrates private and public cloud environments, offering flexibility for diverse business, regulatory, and operational demands.

Breakup by User Type:

• Large Enterprises: Organizations with extensive data requirements seeking robust, scalable, and customizable storage options.
• Small and Medium-sized Enterprises: Businesses requiring cost-effective and flexible cloud storage to support their digital operations.

Breakup by Industry Vertical:

• BFSI: Banking, financial services, and insurance firms leveraging cloud storage for compliance, security, and operational agility.
• Government and Public Sector: Public institutions using cloud for secure, accessible, and governance-compliant data storage.
• Healthcare: Medical and health service providers needing secure, compliant storage for sensitive health information.
• IT and Telecom: Technology and communication firms focused on scalable, secure, and performant data management.
• Retail: Businesses requiring dynamic and accessible storage to support e-commerce and customer data management.
• Manufacturing: Organizations utilizing the cloud to manage production, supply chain, and operational data securely.
• Media and Entertainment: Entities dealing with large volumes of digital content requiring efficient, scalable storage.
• Others: Additional sectors adopting cloud storage to streamline data management and support digital strategies.

Breakup by Region:

• Northern Mexico: Analysis of market trends, size, and growth in the northern region of the country.
• Central Mexico: Insights into cloud storage adoption and infrastructure development in central regions.
• Southern Mexico: Overview of market dynamics and challenges in southern states.
• Others: Other parts of Mexico contributing to national market figures and trends.

Regional Insights

The report provides a comprehensive analysis of regional markets-Northern Mexico, Central Mexico, Southern Mexico, and others. For example, AWS launched its first Mexico (Central) Region in January 2025, significantly impacting regional cloud storage capacity and improving latency, disaster recovery, and data residency for local businesses.

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Recent Developments & News

• On January 14, 2025, AWS announced the launch of its Mexico (Central) Region with a USD 5 Billion investment, projected to create over 7,000 jobs annually and add USD 10 Billion to Mexico's GDP.

• On September 26, 2023, Oracle, in partnership with TELMEX-Triara, opened its second cloud region in Mexico, offering over 100 Oracle Cloud Infrastructure services and meeting national data residency requirements.

• On March 24, 2025, MongoDB announced that MongoDB Atlas became available in Mexico via AWS, Google Cloud, and Microsoft Azure, enabling compliance with local residency requirements and supporting 35,000+ developers in sectors like financial services, retail, and telecom.

Competitive Landscape

The market research report covers a comprehensive competitive landscape analysis including market structure, key player positioning, winning strategies, competitive dashboards, and company evaluation quadrants. Detailed profiles of all major companies have been provided.

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

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