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UNICORNS FOR GOOD Group

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The Mexico Android set-top box (STB) and smart TV industry is experiencing significant growth, driven by changing consumer preferences and the rapid expansion of e-commerce. According to the report on the Mexico Android STB & TV Market, By Distribution Channel (USD Million), online distribution has outpaced offline retail, reflecting the growing demand for convenience and digital accessibility.

Key Trends and Insights

  • E-commerce Boom: Online channels grew from USD 753.2 million in 2018 to USD 1,836.7 million in 2025, highlighting a major consumer shift toward internet-based purchasing.

  • Sustained Offline Sales: Retail outlets also saw growth, increasing from USD 573.3 million in 2018 to USD 1,205.6 million in 2025, showing that traditional shopping remains relevant.

  • Drivers of Growth: Rising internet penetration, smartphone adoption, and greater content availability on Android platforms continue to fuel this upward trend.

  • Future Outlook: Online channels are projected to further dominate the distribution landscape, while offline retail will remain important for consumers who prefer physical product evaluation.

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