Market revenue in 2024 | USD 101.3 million |
Market revenue in 2030 | USD 345.5 million |
Growth rate | 22.7% (CAGR from 2024 to 2030) |
Largest segment | Service |
Fastest growing segment | Service |
Historical data covered | 2017 - 2023 |
Base year for estimation | 2024 |
Forecast period covered | 2025 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Solution, Service |
Key market players worldwide | Adobe Inc, Alibaba Group Holding Ltd ADR, Amazon.com Inc, Criteo SA ADR, Meta Platforms Inc Class A, Alphabet Inc Class A, Microsoft Corp, RTL Group SA, X (formerly Twitter), Verizon Communications Inc |
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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 adtech market will help companies and investors design strategic landscapes.
Service was the largest segment with a revenue share of 78.08% in 2024. Horizon Databook has segmented the Latin America adtech market based on solution, service covering the revenue growth of each sub-segment from 2017 to 2030.
The expansion of the adtech market in Latin America can be attributed to, among other factors, the rapid growth of internet penetration across the region. This has created a fertile ground for advertisers to tap into an increasingly connected population.
For instance, as per the data published by The World Bank Group, 76 % of Mexico’s population had high-speed internet connectivity in 2021. As more individuals access online platforms, advertisers have a wider reach and more opportunities to engage with diverse audiences.
This surge in digital connectivity has transformed consumer behavior, leading to a shift in preference toward digital content consumption and online shopping.
Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America adtech market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America adtech market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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