The Mexico architectural, engineering, and construction (AEC) market size reached USD 124.8 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 284.8 Million by 2033, exhibiting a growth rate (CAGR) of 8.60% during 2025-2033. Population growth, urban migration, and evolving household structures are contributing to the heightened need for affordable housing and compact, mixed-use developments, while increasing international and domestic tourism is accelerating hospitality-related construction, collectively advancing Mexico’s AEC sector toward more scalable, efficient, and innovative practices.
Report Attribute
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Key Statistics
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Base Year
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2024 |
Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024 | USD 124.8 Million |
Market Forecast in 2033 | USD 284.8 Million |
Market Growth Rate 2025-2033 | 8.60% |
Housing Demand and Demographic Shifts
The increasing population in Mexico, particularly within younger demographics, is a major factor driving the need for affordable and middle-income housing. City migration, along with the establishment of households, is resulting in an increased demand for extensive residential projects, especially in and near major urban areas. Both public authorities and private builders are reacting by significantly investing in housing initiatives aimed at addressing the requirements of first-time buyers, young families, and low-income demographics. This trend is reinforced by the increased availability of mortgages and housing grants, driving construction efforts. An important instance is President Claudia Sheinbaum's declaration in 2024 of a $30 billion initiative to construct 1 million houses with zero-interest loans, intended to assist underprivileged communities. Scheduled to start with 165,000 houses in 2025, this program is anticipated to generate around 6.1 million direct jobs and 9.2 million indirect jobs, emphasizing the extent of the need and its economic effects. These demographic shifts are encouraging architectural firms to create smaller and more efficient living environments, whereas engineering and construction companies concentrate on scalable and economical building techniques. As family dynamics change and city living becomes increasingly common, the demand for mixed-use developments, integrating residential, commercial, and leisure areas, is also growing. This transition demands cohesive AEC solutions, emphasizing demographic pressure as a significant driver of growth and innovation in the industry.
Tourism and Hospitality Expansion
Mexico’s position as a global tourism hotspot is fueling sustained growth in hospitality-related construction. With the country receiving 45.04 million international tourists in 2024, marking a 7.4% annual increase according to the Mexico’s national statistics institute (Inegi), the demand for new resorts, boutique hotels, entertainment venues, and supporting infrastructure such as airports and highways is keeping the AEC industry actively engaged in high-profile projects. As tourism continues to rebound and diversify, investors are focusing not just on traditional beach destinations, but also on cultural and eco-tourism locations, creating a need for specialized architectural and engineering solutions. Luxury and sustainable tourism trends are encouraging innovative design approaches that seamlessly blend aesthetic appeal with environmental sensitivity. This niche, often supported by international capital, demands world-class quality and quick project delivery, raising expectations for local AEC firms. Furthermore, the growth of domestic tourism is catalyzing the demand for mid-scale hotel chains and recreational developments in emerging regions across the country. As tourism in both traditional and new markets continues to expand, the hospitality sector ensures a stable pipeline of opportunities for AEC companies. This dynamic growth in tourism and hospitality, coupled with the increasing influx of international visitors, continues to propel the AEC market growth, making it a vital driver of economic activity and innovation in Mexico's built environment.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the regional level for 2025-2033. Our report has categorized the market based on product, deployment mode, enterprise size, and end user.
Product Insights:
The report has provided a detailed breakup and analysis of the market based on the product. This includes software and services.
Deployment Mode Insights:
A detailed breakup and analysis of the market based on the deployment mode have also been provided in the report. This includes on-premises and cloud-based.
Enterprise Size Insights:
The report has provided a detailed breakup and analysis of the market based on the enterprise size. This includes small and medium-sized enterprises (SMEs) and large enterprises.
End User Insights:
A detailed breakup and analysis of the market based on the end user have also been provided in the report. This includes construction and architecture companies, education, and others.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include Northern Mexico, Central Mexico, Southern Mexico, and others.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Million USD |
Scope of the Report | Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
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Products Covered | Software, Services |
Deployment Modes Covered | On-premises, Cloud-based |
Enterprise Sizes Covered | Small and Medium-sized Enterprises (SMEs), Large Enterprises |
End User Covered | Construction and Architecture Companies, Education, Others |
Regions Covered | Northern Mexico, Central Mexico, Southern Mexico, Others |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
Key Benefits for Stakeholders: