Latin America Artificial Intelligence Market Size & Outlook
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Latin America artificial intelligence market highlights
- The Latin America artificial intelligence market generated a revenue of USD 28,742.9 million in 2025.
- The market is expected to grow at a CAGR of 26.6% from 2026 to 2033.
- In terms of segment, services was the largest revenue generating solution in 2025.
- Services is the most lucrative solution segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2026 to 2033.
Latin America data book summary
| Market revenue in 2025 | USD 28,742.9 million |
| Market revenue in 2033 | USD 201,243.9 million |
| Growth rate | 26.6% (CAGR from 2026 to 2033) |
| Largest segment | Services |
| Fastest growing segment | Services |
| Historical data covered | 2021 - 2024 |
| Base year for estimation | 2025 |
| Forecast period covered | 2026 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Software, Services |
| Key market players worldwide | Advanced Micro Devices Inc, AiCure, ARM Holdings PLC ADR, Baidu Inc ADR, Alphabet Inc Class A, International Business Machines Corp, Intel Corp, Microsoft Corp, NVIDIA Corp |
Other key industry trends
- In terms of revenue, Latin America region accounted for 7.4% of the global artificial intelligence market in 2025.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2033.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,227,206.1 million by 2033.
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Artificial Intelligence Market Scope
Artificial Intelligence Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| AiCure | View profile | 101-250 | New York, New York, United States, North America | http://www.aicure.com |
| Baidu Inc ADR | View profile | 45500 | No. 10 Shangdi 10th Street, Baidu Campus, Haidian District, Beijing, China, People's Republic of, 100085 | https://ir.baidu.com |
| Advanced Micro Devices Inc | View profile | 26000 | 2485 Augustine Drive, Santa Clara, CA, United States, 95054 | https://www.amd.com |
| ARM Holdings PLC ADR | View profile | 7096 | 110 Fulbourn Road, Cambridge, United Kingdom, CB1 9NJ | https://www.arm.com |
| Alphabet Inc Class A | View profile | 180895 | 1600 Amphitheatre Parkway, Mountain View, CA, United States, 94043 | https://www.abc.xyz |
| NVIDIA Corp | View profile | 29600 | 2788 San Tomas Expressway, Santa Clara, CA, United States, 95051 | https://www.nvidia.com |
| Microsoft Corp | View profile | 221000 | One Microsoft Way, Redmond, WA, United States, 98052-6399 | https://www.microsoft.com |
| International Business Machines Corp | View profile | 282200 | One New Orchard Road, Armonk, NY, United States, 10504 | http://www.ibm.com |
| Intel Corp | View profile | 124800 | 2200 Mission College Boulevard, Santa Clara, CA, United States, 95054-1549 | https://www.intel.com |
Latin America artificial intelligence market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to artificial intelligence market will help companies and investors design strategic landscapes.
Services was the largest segment with a revenue share of 53.04% in 2025. Horizon Databook has segmented the Latin America artificial intelligence market based on hardware, software, services covering the revenue growth of each sub-segment from 2021 to 2033.
In South America, businesses across various industries increasingly adopt AI chatbots and virtual assistants to revolutionize customer service and support experiences. These AI-powered solutions offer many benefits, including improved response times, personalized interactions, and the ability to handle multiple customer inquiries simultaneously.
The growing number of internet users in South America is driving the adoption and utilization of artificial intelligence (AI) technologies in various sectors. With more people using the internet, there is a rising need for digital solutions to improve user experiences and personalize services.
Technical advancement in South America is a significant driving force behind the growth of artificial intelligence (AI) in the region. As countries in South America make strides in digital infrastructure, data connectivity, and technology adoption, AI is finding more applications and opportunities for development.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America artificial intelligence market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America artificial intelligence market from 2021 to 2033, including revenue numbers, major trends, and company profiles.
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Latin America artificial intelligence market size, by country, 2021-2033 (US$M)
Latin America Artificial Intelligence Market Outlook Share, 2025 & 2033 (US$M)
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