PUBLISHER: TechNavio | PRODUCT CODE: 1653086
PUBLISHER: TechNavio | PRODUCT CODE: 1653086
The cloud computing market in Latin America is forecasted to grow by USD 26.4 billion during 2024-2029, accelerating at a CAGR of 17.2% during the forecast period. The report on the cloud computing market in Latin America provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increased inclination toward cloud computing for cost-cutting, government initiatives promoting cloud adoption, and increasing adoption of digital transformation in Latin America.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
Market Scope | |
---|---|
Base Year | 2025 |
End Year | 2029 |
Series Year | 2025-2029 |
Growth Momentum | Accelerate |
YOY 2025 | 15.6% |
CAGR | 17.2% |
Incremental Value | $26.4 bn |
Technavio's cloud computing market in Latin America is segmented as below:
By Service
By Deployment
By Geographical Landscape
This study identifies the increased inclination for private cloud for enhanced data security as one of the prime reasons driving the cloud computing market in Latin America growth during the next few years. Also, improving internet connectivity and infrastructure in Latin America and emergence of edge computing will lead to sizable demand in the market.
The report on the cloud computing market in Latin America covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading cloud computing market in Latin America vendors that include Amazon.com Inc., Capgemini Services SAS, Cisco Systems Inc., Citrix Systems Inc., Deloitte Touche Tohmatsu Ltd., Google LLC, HCL Technologies Ltd., Hewlett Packard Enterprise Co., Huawei Technologies Co. Ltd., Infosys Ltd., International Business Machines Corp., Microsoft Corp., Nippon Telegraph and Telephone Corp., Oracle Corp., Rackspace Technology Inc., Salesforce Inc., SAP SE, Telefonica SA, VMware Inc., and Wipro Ltd.. Also, the cloud computing market in Latin America analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
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