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Mexico: Information Technology Analysis Market Overview The shroud projects that the value of the Mexican IT market will increase from around US$12.5bn in 2008 to around US$18.8bn in 2013. In the current international economic climate, Mexicos close economic ties to the US live both vulnerability and an opportunity. While market growth is judge to dip into negative territory in 2009, fundamental drivers remain, including dispirited PC penetration and growing PC affordability, as sanitary as US corporate demand for IT outsourcing. The Mexican IT market is expected to grow at a CAGR of 10% everyplace the 2008-2013 period, faster than expected gross domestic product growth. Mexico certainly has plenty of electromotive force for progress across a range of information and communication technology (ICT) indicators, including a computer penetration level of astir(predicate) 15%, and under-developed e-services. IT spending as a percentage of GDP at around 1.3% remains well below OECD levels, and the report projects that per capita IT spending will rise from US$117 to US$177 by 2013. Government initiatives should help to fill some of the gap go away by declining investment and consumption.

In the retail segment, more imaginative financing plans and better access to credit will in stages help bring computer ownership within the turn over of millions more lower income Mexicans. In the enterprise segment, IT adoption should slip away to spread from larger companies to their smaller partners and customers. Industry Developments Mexicos disposal has launched triplet initiatives designed to promote technology adoption among enterprises. The three programmes will allocate hundreds of millions of pesos to businesses that incorporate technology into their operations. The new initiatives followed a plan launched in December 2008 to provide MXN5.78mn in subsidies to IT firms in states Guerrero, Hildalgo and Tlaxcala. In early 2009 the Mexico electronics industry and market was facing the challenge of the US credit crunch and a... If you want to get a full essay, order it on our website: Ordercustompaper.com

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